Additions, Expansions and Structural Alterations Clause Samples
The "Additions, Expansions and Structural Alterations" clause defines the rules and procedures for making physical changes to a property, such as building extensions, adding new structures, or modifying existing layouts. Typically, this clause outlines the need for prior written consent from the property owner or landlord before any such work can begin, and may require compliance with local building codes and obtaining necessary permits. Its core function is to ensure that any significant modifications are properly authorized and do not compromise the safety, value, or integrity of the property, thereby protecting the interests of both parties.
Additions, Expansions and Structural Alterations. Except as expressly permitted in Section 6.1 and Section 6.2.1 above, nothing in this Article 6 or elsewhere in this Agreement shall be deemed to authorize Tenant to construct and erect any additions to or expansions of the Leased Improvements, or perform any alterations of a structural nature whatsoever (collectively referred to herein as the "Major Alterations"); it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may be withheld by Landlord in its sole and absolute discretion and may be conditioned upon the payment by Tenant to Landlord of all reasonable costs incurred by Landlord in evaluating the same.
Additions, Expansions and Structural Alterations. Except as ------------------------------------------------ expressly permitted in Paragraph 10(a) or 10(b) above, nothing in this Lease shall be deemed to authorize Tenant to construct and erect any additions to or expansions of the Improvements, or perform any alterations of a structural nature whatsoever; it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may not be unreasonably withheld or delayed by Landlord.
Additions, Expansions and Structural Alterations. All alterations, additions, expansions and renovations to the Leased Improvements which do not qualify as Minor Alterations shall constitute “Major Alterations.” Except as expressly permitted in Section 6.1 and Section 6.2.1 above, nothing in this Article 6 or elsewhere in this Lease shall be deemed to authorize Tenant to perform any Major Alterations; it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may be withheld by Landlord in its sole and absolute discretion, and may be conditioned upon the payment by Tenant to Landlord of all reasonable costs incurred by Landlord in evaluating the same, providing additional insurance and such other conditions as Landlord may impose. If Tenant elects to perform any Major Alterations, the cost thereof shall be borne by Tenant unless the Major Alteration constitutes an Improvement Project which has been approved by Landlord pursuant to Section 5.3.1, an approved Reserve Expenditure or an Unforeseen Reserve Expenditure which has been approved by Landlord pursuant to Section 5.2.5 or an Unfunded Reserve Expenditure which has been approved by Landlord pursuant to Section 5.2.6 or involves the use of insurance proceeds to repair, replace or reconstruct following any damage or destruction.
Additions, Expansions and Structural Alterations. Except as expressly permitted in this Agreement, Tenant shall not construct and erect any additions to or expansions of the Leased Improvements, or perform any alterations of a structural nature whatsoever; it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may be withheld by Landlord in its sole and absolute discretion and may be conditioned upon the payment by Tenant to Landlord of all reasonable third party costs incurred by Landlord in evaluating the same.
Additions, Expansions and Structural Alterations. Except as expressly permitted in Section 6.2.1 above, nothing in this Article 6 or elsewhere in this Agreement shall be deemed to authorize Tenant without Landlord’s prior written consent to construct and erect any additions to or expansions of the Leased Improvements, or perform any alterations (i) the cost of which exceed the Alterations Threshold Amount (as herein defined); (ii) which are of a structural nature (for purposes of this Section 6.2.2 (ii), alterations of a “structural” nature shall not include removing, adding, modifying or relocating, (a) non-load bearing walls or other partitions, (b) doors, (c) non-major plumbing or electrical work, or (d) fixtures or equipment, or any alterations of a similar nature, provided, in each case, that such removal, addition, modification or relocation will not weaken or adversely impact the structural integrity or strength of the Leased Improvements or any portion thereof); or, (iii) which involve moving ski trails, lifts, lift stations, bridges or base areas or otherwise have the effect of materially altering the circulation of skiers, snowboarders or other patrons of the Businesses to, from or within the Leased Property (the foregoing are herein collectively referred to herein as the “Major Alterations”); it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval shall be given in Landlord’s reasonable discretion and may be conditioned upon the payment by Tenant to Landlord of all reasonable out-of-pocket costs reasonably incurred by Landlord in evaluating the same. The term “Alterations Threshold Amount” shall mean the amount of Two Hundred Thousand and No/100 Dollars ($200,000.00) for the first Reserve Estimate Year. Thereafter, the then Alterations Threshold Amount shall automatically increase each subsequent Reserve Estimate Year by the same percentage as the Index increases each Reserve Estimate Year above the Index in the prior Reserve Estimate Year. Notwithstanding the foregoing, alterations, changes, additions, improvements and renovations in or to the structures and developments described on Schedule 6.2.2 have been deemed approved by Landlord, subject to the terms and conditions of Section 6.3 and Section 6.4.
Additions, Expansions and Structural Alterations. Except as expressly permitted in PARAGRAPH 10(A) above, nothing in this Lease shall be deemed to authorize Tenant to construct and erect any additions to or expansions of the Improvements, or perform any alterations of a structural nature whatsoever; it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may be withheld by Landlord in its sole and absolute discretion and may be conditioned upon the payment by Tenant to Landlord of a fee (which fee shall be considered additional rent).
Additions, Expansions and Structural Alterations. Except as expressly permitted in Section 6.1 and Section 6.2.1 above, nothing in this Article 6 or elsewhere in this Agreement shall be deemed to authorize Tenant to construct and erect any additions to or expansions of the Leased Improvements and/or the Ski Personal Property, or perform any alterations, the cost of which shall exceed $500,000.00, or which are of a structural nature, whatsoever (collectively referred to herein as the “Major Alterations”); it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may be withheld by Landlord in its sole and absolute discretion (but subject to the terms and provisions in Section 5.1.2(c)) and may be conditioned upon the payment by Tenant to Landlord of all reasonable costs (excluding Landlord’s overhead costs) incurred by Landlord in evaluating the same.
Additions, Expansions and Structural Alterations. All alterations, additions, expansions and renovations to the Leased Improvements which do not qualify as Minor Alterations shall constitute “Major Alterations.” Except as expressly permitted in Section 6.1 and Section 6.2.1 above, nothing in this Article 6 or elsewhere in this Lease shall be deemed to authorize Tenant to perform any Major Alterations; it being understood that Tenant may do so only with the prior written consent and approval of Landlord, which consent and approval may be withheld by Landlord in its sole and absolute discretion (unless the Major Alteration is required by any Governmental Agency, in which case Landlord’s consent shall not be unreasonably withheld, conditioned or delayed), and may be conditioned upon the payment by Tenant to Landlord of all reasonable costs incurred by Landlord in evaluating the same, providing additional insurance and such other conditions as Landlord may impose. If Tenant elects to perform any Major Alterations, the cost thereof shall be borne by Tenant unless the Major Alteration constitutes an Improvement Project which has been approved by Landlord pursuant to Section 5.3, an approved Reserve Expenditure or an Unforeseen Reserve Expenditure which has been approved by Landlord pursuant to Section 5.2.5 or an Unfunded Reserve Expenditure which has been approved by Landlord pursuant to Section 5.2.6 or involves the use of insurance proceeds to repair, replace or reconstruct following any damage or destruction. Batesville Healthcare Center Batesville, Arkansas