Improvements, Alterations, Etc Clause Samples
The "Improvements, Alterations, Etc" clause defines the rules and procedures for making changes, upgrades, or modifications to a property or asset covered by an agreement. Typically, it outlines whether prior consent is required from the owner or landlord before any work is undertaken, and may specify who is responsible for costs, maintenance, or removal of such improvements at the end of the term. This clause ensures that any alterations are controlled and documented, protecting the interests of both parties by preventing unauthorized changes and clarifying responsibilities.
Improvements, Alterations, Etc. The Developer may, at its own expense, make additions, improvements or alterations to the buildings and structures constituting a part of the Parking Facility so long as such additions, improvements or alterations do not interfere with the use by the City or the general public of the Parking Facility or change the number of parking spaces available to the City.
Improvements, Alterations, Etc. (a) The Borrower may, at its own expense, make changes, additions, improvements or alterations to the buildings, structures and other improvements constituting a part of the Project, provided that the Borrower shall not make any material change, addition, improvement or alteration without the consent of Lenders, which consent shall not be unreasonably withheld or delayed.
(b) The Borrower may, at its own expense, install in the Building or elsewhere in the Project any equipment or property which does not constitute part of the Project Equipment and which in the Borrower's judgment is necessary or convenient for its use and occupancy of the Project, provided that the installation thereof does not materially impair the value of the Project. Any such equipment or personal property owned (or leased pursuant to a lease contract) by the Borrower shall be identified by Borrower in writing to Lenders and may be removed by the Borrower at any time and from time to time without responsibility or accountability to the Lenders, provided that (i) there shall be no Event of Default and (ii) the Borrower shall promptly repair at its own expense any damage to the Project caused by the removal of any such equipment or other personal property.
Improvements, Alterations, Etc. The Lessee may, at its own expense, make changes, additions, improvements or alterations to the buildings, structures and other improvements constituting a part of the Project, provided that the Lessee determines, in its judgment, that such changes, additions, improvements or alterations are necessary or desirable in connection with the business of the Lessee carried on at the Project. At the written request of the Lessee, the Issuer will enter into a contract for such changes, additions, improvements, or alterations, subject, however, to the requirements of Section 10.01.