Required Capital Improvements has the meaning set forth in Section 6.5.
Required Capital Improvements will mean capital improvements or replacements made in or to the Building in order to conform to any law, ordinance, rule, regulation or order of any governmental authority having jurisdiction over the Project, including, without limitations, The Disabilities Acts. “Cost Savings Improvements” will mean any capital improvements or replacements which are intended to reduce, stabilize or limit increases in Operating Costs. [The cost of Cost Savings Improvements will be amortized by spreading such costs uniformly over a term equal to the lesser of (a) the period of years over which the amount by which Operating Costs are reduced would be equal to the cost of such installation or (b) ten (10) years. The cost of Required Capital Improvements and depreciable (or amortizable) maintenance and repair items (e.g., painting of Common Areas, replacement of carpet in elevator lobbies), will be amortized by spreading such costs uniformly over a term equal to the lesser of (a) the period employed by Landlord for federal income tax purposes or (b) ten (10) years.]
Required Capital Improvements shall have the meaning given such term in Section 8.8.
Examples of Required Capital Improvements in a sentence
The core data set had to be supplemented by searches in national databases.
Subject to Section 3.2(c)(ii), the Concessionaire shall be responsible for all capital improvements with respect to the Metered Parking System required to be completed during the Term in accordance with the terms of this Agreement, including Required Capital Improvements as required by Schedule 2 and the Operating Standards.
Subject to paragraph 69, Substantial Completion of the Required Capital Improvements must be reached by February 28, 2026.
Komatsu has been making capital investments in line with such expansion of business.
Except for as set forth in subparagraph 9.F, it is understood by the Parties that Lessee will not self-perform any design or construction of the Required Capital Improvements but Lessee will supervise and manage such design and construction both directly and through its Owner’s Representative, each acting in a non-Contractor role.
More Definitions of Required Capital Improvements
Required Capital Improvements means any capital improvements or any replacements made in or to any portion of the Project or improvements located thereon, including, without limitation, the Building, the Property, the Garage and Common Areas, in order to conform to any law ordinance, rule, regulation or order of any governmental authority having jurisdiction over the Building, the Property, the Garage, the Common Areas, and the Project, as the case may be, and replacements of capital improvements at the end of their useful life. “Cost Saving Improvements” shall mean any capital improvements or replacements which are intended, in Landlord’s reasonable judgment, to reduce, stabilize or limit increases in the costs of Operation and Maintenance; for Cost Saving Improvements costing more than $50,000, Landlord’s reasonable judgment shall be based upon a study and analysis made by or on behalf of Landlord of the projected cost savings to be realized from making such capital improvements (the “Study”). “Improvements” shall mean any improvement that is a Required Capital - 2 -
Required Capital Improvements means certain work required to be performed in the Property Improvement Plans for each Individual Property as specified on Schedule XVII hereto.
Required Capital Improvements is defined in Section 5.12.
Required Capital Improvements will mean capital improvements or replacements made in or to the Building in order to conform to any Applicable Law.(28) "Cost Savings Improvements" will mean any capital improvements or replacements which are intended to reduce, stabilize or limit increases in Actual Operating Expenses. The cost of Cost Savings Improvements will be amortized by spreading such costs uniformly over a term equal to the lesser of (a) the period of years over which the amount by which Actual Operating Expenses are reduced would be equal to the cost of such installation or (b) ten (10) years. The cost of Required Capital Improvements and depreciable (or amortizable) maintenance and repair items (e.g., painting of Common Areas, replacement of carpet in elevator lobbies), will be amortized by spreading such costs uniformly over a term equal to the lesser of (A) the period employed by Landlord for federal income tax purposes or (B) ten (10) years;
Required Capital Improvements will mean capital improvements or replacements made in or to the Building in order to conform to any law, ordinance, rule, regulation or order of any governmental authority having jurisdiction over the Building, including, without limitations, The Americans with Disabilities Act or Texas Architectural Barriers Act. “Cost Savings Improvements” will mean any capital improvements or replacements which are intended to reduce, stabilize or limit increases in Operating Costs. [The cost of Cost Savings Improvements will be amortized by spreading such costs uniformly over a term equal to the lesser of (a) the period of years over which the amount by which Operating Costs are reduced would be equal to the cost of such installation or (b) ten (10) years. The cost of Required Capital Improvements and depreciable (or amortizable) maintenance and repair items (e.g., painting of Common Areas, replacement of carpet in elevator lobbies), will be amortized by spreading such costs uniformly over a term equal to the lesser of (a) the period employed by Landlord for federal income tax purposes or (b) ten (10) years.]
Required Capital Improvements shall have the meaning set forth in Section 5.19.]
Required Capital Improvements has the meaning ascribed thereto in Schedule 7 and includes all costs and expenses related to the remediation of the violations set forth in the EPA Administrative Orders.