Qualified Capital Improvements definition

Qualified Capital Improvements means those improvements to a Property performed by the Owner which qualify for inclusion within the calculation of Maximum Resale Price, which requirements and specifications are set forth in the Qualified Capital Improvement (“QCI”) schedule contained in Exhibit B hereto, which exhibit is incorporated herein by this reference.
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Qualified Capital Improvements means those improvements to a Property performed by the Owner, which qualify for inclusion within the calculation of Maximum Resale Price if such improvements are set forth in the Qualified Capital Improvement (“QCI”) schedule contained in Exhibit hereto, which exhibit is incorporated herein by this reference, and if the Owner furnishes the County or its designee with the appropriate documentation required by the Qualified Capital Improvement schedule.
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Qualified Capital Improvements means and includes capital improvements made to the Property by Homebuyer with all required building permits. Capital improvements include such items as replacement of major items such as a complete roof replacement, all new plumbing lines, new carpet or other floor cover, a/c condenser and heating unit replacement, water heater, addition to the home, solar panels and solar water heater, but not costs for general repairs and regular maintenance.
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Examples of Qualified Capital Improvements in a sentence

  • In no event, however, shall the appraised value of the Qualified Capital Improvements exceed twenty-five percent (25%) of the purchase price Homeowner paid for the Home, as adjusted by CPI-LA.

  • The Homeowner shall not receive any financial credit for such improvements unless they fall under this Qualified Capital Improvements Policy.

  • In the event this Lease is terminated pursuant to Article 18 of this Lease, the County shall reimburse Tenant for the fair market value of the Qualified Capital Improvements to the extent of any applicable awards received by the County, less any Rent credit for such Capital Improvements already granted to Tenant, and such reimbursement shall not preclude Tenant from filing a separate claim against the authority exercising eminent domain pursuant to Article 18 of this Lease.

  • During such period, Disney shall not abandon or permit to be abandoned any portion of the premises on which said Qualified Capital Improvements (and, if applicable, any Replacement Qualified Capital Improvements) are situated, leave said premises or permit said premises to be left unguarded or unprotected, or otherwise act or fail to act in such a way as to unreasonably increase the risk of any damage to such premises.

  • This information and appraiser information can be found on the web site www.csufhomes.org under University Gables, Homeowners Corner, Exhibit “B” Qualified Capital Improvements.

  • Subject to the limitations of this Article, for the purpose of determining the Maximum Resale Price in accordance with this Covenant, the Owner may add to the amount specified in this Article 5, the cost of approved and qualified capital improvements (“QCI”), as set forth in the Summit County Qualified Capital Improvements Schedule, attached as Exhibit C, in total amount not to exceed 10% of the Initial Purchase Price over every consecutive ten (10) year period of ownership.

  • Tenant is not precluded from claiming, proving and receiving, in a separate claim filed by Tenant against the authority exercising the power of eminent domain, such sums to which the Tenant may be entitled as compensation, including, without limitation, reimbursement of Qualified Capital Improvements, provided that such a separate claim does not interfere with or reduce the County's award and is pursuant to the terms set forth in Article 9.D herein.

  • As used herein, the term “ Fair Return on Investment” shall mean an amount equal to the sum of: (a) the Owner’s down payment actually paid in connection with the purchase of the Unit, (b) loan principal repayments actually made with respect to the purchase money financing originally obtained by the Owner in order to purchase the Unit, and (c) the cost of any Qualified Capital Improvements.

  • The appraisals referenced herein and the calculation of the value of Land Lessee’s Credit for Qualified Capital Improvements shall be attached hereto as Exhibit B.

  • The entire amount of Land Lessee’s Credit for Qualified Capital Improvements shall belong to Land Lessee upon any sale of the Improvements by Land Lessee, which amount shall be added to, and constitute a part of, the Formula Price, as that term is defined and calculated in Exhibit E of the Ground Lease.


More Definitions of Qualified Capital Improvements

Qualified Capital Improvements means capital improvement projects constructed or installed by Disney or Affiliates of Disney from time to time on or in conjunction with development of any of the Disney Properties in accordance with applicable Governmental Requirements which improvement projects (1) create, supplement, or enhance needed infrastructure in The Anaheim Resort® or (2) are designed and intended to (a) result in increases in length of stay in hotels in The Anaheim Resort and/or (b) increase attendance at The Disneyland Resort® or the Anaheim Convention Center.
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Qualified Capital Improvements means those improvements to a Property performed by the Owner, which qualify for inclusion within the calculation of Maximum Resale Price if such improvements are set forth in the Qualified Capital Improvement (“QCI”) schedule contained in Exhibit B hereto, which exhibit is incorporated herein by this reference, and if the Owner furnishes the Town or its designee with the following:
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Related to Qualified Capital Improvements

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Major renovation means the renovation of a building where: