Demolition Sample Clauses
The Demolition clause outlines the rights and procedures related to the removal or destruction of a building or structure, typically within a lease or property agreement. It usually specifies under what circumstances demolition may occur, who is responsible for carrying it out, and any notice requirements or compensation owed to affected parties, such as tenants. This clause serves to clarify the process and responsibilities if demolition becomes necessary, thereby reducing disputes and ensuring all parties understand their rights and obligations in such situations.
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Demolition. Landlord shall have the right to terminate this Lease if Landlord proposes or is required, for any reason, to remodel, remove, or demolish the Building or any substantial portion thereof. Such cancellation shall be exercised by Landlord by the service of not less than ninety (90) days' written notice of such termination. Such notice shall set forth the date upon which the termination will be effective. No money or other consideration shall be payable by Landlord to Tenant for Landlord's exercise of this right, and the right is hereby reserved to Landlord and all purchasers, successors, assigns, transferees, and ground tenants of Landlord, as the case may be, and is in addition to all other rights of Landlord. Tenant has read the foregoing and understands that Landlord has a right to terminate this Lease as provided above.
Demolition. The Lessor shall remove existing abandoned electric, telephone, and data cabling and devices, as well as any other improvements or fixtures in place, to accommodate the Government’s requirements. Any demolition of existing improvements that is necessary to satisfy the Government’s layout shall be done at the Lessor’s expense.
Demolition. The Developer agrees to secure all required permits from the necessary governmental entities, including the Town, for the demolition of structures on the Project Site. The Developer further agrees that it will haul all scrap, buildings, materials, debris, rubbish and other degradable materials to an authorized landfill and shall not bury such materials within the Project Site.
Demolition. 1) The written approval of the Director of Works shall be obtained before any demolition work is commenced.
Demolition. The act or process of reducing a structure, as defined by the State or local code, to a collapsed condition. It contrasts with deconstruction, which is the taking down of a building while carefully preserving valuable elements for reuse.
Demolition. Contractor is responsible for any demolition-related permits.
Demolition. Costs – When a loss occurs, whether partial or total, many municipal ordinances require that the building be demolished and site cleared of all debris. The limit provided under the standard building policy typically is not adequate to cover these expenses. The inclusion of a limit under this endorsement covers the cost of demolition. Recovery is typically limited to the cost of the demolition or the limit set forth in the endorsement. Commencing on or before the date of Construction Completion an amount equal to the greater of
(a) the maximum amount of rental income that could be generated over a 12 month period assuming each home in the Project was rented at the then maximum rent permitted under Code Section 42, (b) rental income for the prior 12 months or (c) the amount of such insurance required by any Lender. Named Insured and Loss Payee on Loss of Rent: [INVESTOR NAME] [Address] Flood Insurance is required if the Project is in any of the following High Risk Flood Zones: A, AE, A1-A30, AH, AO, AR, or A99; High Risk Zone, Coastal Area, Zones: V, VE, V1-30 or an Undetermined Risk Area (Zone D). The amount of flood insurance required shall equal the total building costs. [NAME], commonly known as [NAME] Crown, containing thirteen homes located in [CITY], Nebraska. Should any of the above described policies be cancelled before the expiration date thereof, the issuing company will mail 30 days (10 days for cancellation due to nonpayment of premium) written notice to the certificate holder named to the left. ARTICLE I APPOINTMENT AND ACCEPTANCE 1 ARTICLE II TERM 1 ARTICLE III
Demolition. Before any demolition work is commenced and also during the process of the work :-
8.1 All roads and open areas adjacent to the work Site shall either be closed or suitably protected.
8.2 No electric cable or apparatus which is liable to be a source of danger or a cable or apparatus used by operator shall remain electrically charged.
8.3 All practical steps shall be taken to prevent danger to Persons employed, from risk or fire or explosion, or collapse, or flooding. No floor, roof, or other part of a building shall be so overloaded with debris or materials as to render it unsafe.
Demolition. The Owner will not demolish a Rental Unit unless:
(a) the Owner has obtained the written opinion of a professional engineer or architect who is at arm’s length to the Owner and who has been approved in writing by the District, acting in its sole discretion, that it is no longer reasonable or practical to repair or replace any structural component of the building containing the Rental Unit, and the Owner has delivered to the District a copy of the engineer’s or architect’s report; or
(b) the building containing the Rental Unit is damaged or destroyed, to the extent of 40% or more of its value above its foundations, as determined by the District, in its sole discretion, and, in each case, a demolition permit for the building containing the Rental Unit has been issued by the District and the building containing the Rental Unit is demolished under that permit.
Demolition. (1) The Grantee must submit one of the following to HUD for approval, as applicable, before demolition activities under the Revitalization Plan may be carried out:
(a) any additional information required in order for HUD to approve demolition based on the HOPE VI Application, in accordance with Article II(B)(3)(b) ("HOPE VI Demolition Information"); or
(b) a demolition application under Section 18 of the Act, as approved by HUD, to the extent applicable (the “Section 18 Demolition Application;") or
(c) a Section 202 Mandatory Conversion Plan, in compliance with the regulations at 24 CFR part 971 and other applicable HUD requirements, if the Development or other property assisted under this Grant Agreement is subject to Mandatory Conversion (section 202 of the Omnibus Consolidated Rescissions and Appropriations Act of 1996 (Pub. L. 104-134, approved on April 26, 1996)), which concerns the required conversion of certain distressed public housing to vouchers (the “Section 202 Requirements").
(2) For the purposes of this Grant Agreement, the HOPE VI Demolition Information described in subparagraph (D)(1)(a), the Section 18 Demolition Application described in subparagraph (D)(1)(b), and the Section 202 Requirements described in subparagraph (D)(1)(c) shall heretofore collectively be referred to as the "Demolition Application."
(3) The Grantee will not carry out, nor permit others to carry out the demolition of the Development or any portion thereof until HUD approves, in writing, the Grantee's Demolition Application.
