IMPROVEMENTS AND STRUCTURES Clause Samples

The "Improvements and Structures" clause defines the rights and responsibilities regarding any physical changes, additions, or constructions made to a property during the term of an agreement. Typically, it specifies whether the tenant or occupant is allowed to make improvements, who owns such improvements once completed, and whether removal or restoration is required at the end of the lease. For example, it may state that any buildings, fixtures, or alterations become the property of the landlord upon installation. This clause ensures clarity over ownership and maintenance obligations, preventing disputes about property modifications and their disposition at the end of the agreement.
IMPROVEMENTS AND STRUCTURES. No buildings or structures shall be erected upon the premises, other than those specifically authorized and which are permitted under the Conservation Easement. Licensee shall have use of the sheep barn to store trail management equipment and the small hut for ticket sales and equipment rental. Licensee shall not, without the Town’s prior written consent, construct any improvements, additions or replacements to the Property, which consent shall not be unreasonably withheld, conditioned, or delayed. In the event that, with the Town’s prior consent, Licensee makes any capital alterations, changes, replacements and additions in or to the Property, such improvements or additions shall be in compliance with the Conservation Easement and all applicable building codes and ordinances and all applicable federal, state and local permit and approval requirements and shall be built according to sound engineering practices. Licensee shall be solely responsible for obtaining any and all permits or approvals required. Any improvements constructed under the terms of this Agreement on the Property will be the property of the Town, provided that, at the time of the Town’s consent to construction of material improvements or structures, the Town and Licensee shall agree that either: (a) the Town shall compensate Licensee for any capital improvements made by Licensee to the Property upon termination of this Agreement, based on then depreciated book value thereof, or (b) other mutually acceptable cost-sharing arrangements are made. If the improvement or structure is required by the Town to be removed at the end of the term of this Agreement, Licensee shall, within sixty (60) days of the termination date, remove the structure and return the land to the condition which existed prior to the erection of such structures. Licensee, at its sole expense, shall be responsible for maintaining and/or repairing existing and future structures in the Licensed Area, but the Town will apply for and/or support Licensee’s application for public and private grants that could be used to cover the costs of maintenance and repair.
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IMPROVEMENTS AND STRUCTURES. Except as (a) permitted under Article IV, (b) the construction of a hotel on the Expansion Parcel, (c) any other construction with a cost less than $35,000,000.00, and (d) any maintenance, repair or replacement in the ordinary course of business, Tenant may not construct or permit the construction of any improvements or structures without the prior written consent of Landlord, which shall not unreasonably be withheld, delayed or conditioned. Such consent shall be deemed given if it has not been denied in writing by Landlord within thirty (30) days from Landlord’s receipt of the plans and specifications for such proposed improvements. In the event such additional development is for the purpose of development of sources of revenue or profit centers not related to the operation of the Premises as originally contemplated in this Lease, then such additional development shall not be permitted unless and until Tenant and Landlord have agreed to a fair and reasonable rental arrangement to cover the new revenue sources to be developed. Notwithstanding anything herein contained to the contrary, although Tenant shall not be required to obtain the consent of Landlord to construct a hotel on the Expansion Parcel, Tenant shall be required to submit design development documents (similar in nature and scope to the Design Development Documents and other related documents described in Section 4.03(a) hereof for the Hotel) to the Design Review Committee for approval prior to commencing construction of a hotel upon the Expansion Parcel. Upon its receipt of such documents, the Design Review Committee shall approve or reject the documents submitted in the manner and with the effect set forth in Section 4.03(b) hereof. If the Design Review Committee rejects the aforesaid documents, Tenant may elect to arbitrate such decision in the manner and with the effect set forth in Section 4.04 of this Lease.
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IMPROVEMENTS AND STRUCTURES. Provides for the use of existing structures on the property, and that the COFC is responsible for the maintenance of those
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Related to IMPROVEMENTS AND STRUCTURES

  • Buildings and Structures 1. Repair or retrofit of buildings less than 45 years old. 2. Removal of water by physical or mechanical means. 3. Installation of exterior security features and early warning devices on existing light poles or other permanent utilities.

  • Improvements and Alterations (a) The Lessee, at the Lessee’s own cost and expense, (i) shall make alterations, renovations, repairs, improvements and additions to the Leased Property or any part thereof and substitutions and replacements therefor (collectively, “Alterations”) which are (A) necessary to repair or maintain the Improvements or the Site in the condition required by Section 9.1 or (B) necessary or advisable to restore the Improvements and the Site to its condition existing prior to a Casualty or Condemnation to the extent required pursuant to Article XIII, and (ii) so long as no Material Default or Event of Default has occurred and is continuing, may undertake Alterations on the Leased Property so long as such Alterations comply in all material respects with Applicable Laws and are consistent and comply with Section 9.1 and subsection (b) of this Section 9.2. (b) The making of any Alterations pursuant to subsection (a)(i) above of this Section 9.2 must be in compliance with the following requirements: The Lessee shall not make any Alterations in violation of the terms of any restriction, easement, condition, covenant or other similar matter affecting title to or binding on the Improvements or the Site. (i) No Alterations shall be undertaken until the Lessee shall have procured and paid for, so far as the same may be required from time to time, all permits and authorizations relating to such Alterations of all municipal and other Authorities having jurisdiction over the Improvements or the Site. Lessor, at the Lessee’s expense, shall join in the application for any such permit or authorization and execute and deliver any document in connection therewith, whenever such joinder is necessary or advisable; provided that, however, such joinder shall not constitute or be deemed to constitute, any assumption or responsibility or liability whatsoever. (ii) The Alterations shall be completed in a good and workmanlike manner and in compliance in all material respects with all Applicable Laws then in effect and with the Insurance Requirements. (iii) All Alterations shall, when completed, be of such a character as to not materially diminish (A) the utility of the Improvements as a corporate office complex including a corporate office building and any uses ancillary thereto, (B) the then current Fair Market Value as determined by reference to the Appraisal, or (C) the Fair Market Value as determined by reference to the Appraisal as of the scheduled expiration date of the Lease Term. (iv) The Lessee shall have made adequate arrangements for payment of the cost of all Alterations when due so that the Improvements and the Site shall at all times be free of Liens for labor and materials supplied or claimed to have been supplied to the Improvements or the Site, other than Permitted Liens; provided, that the Lessee shall have the right to engage in Permitted Contests in accordance with Section 9.5. (v) The Alterations must be located solely on the Site.

  • Improvements The buildings, structures, fixtures, additions, enlargements, extensions, modifications, repairs, replacements and improvements now or hereafter erected or located on the Land (collectively, the “Improvements”);

  • Existing Improvements All improvements located on the Site as of the date of execution of the Construction Contract, whether above or below the surface of the ground, including but not limited to existing buildings, utilities, infrastructure improvements and other facilities.

  • Condition of Improvements The risk of destruction or substantial damage by fire or Act of God prior to delivery of deed is assumed by Seller. ▇▇▇▇▇▇ agrees that on possession, the Real Estate shall be in the same condition as it is on the date of this contract, except for ordinary wear and tear. If the Real Estate should be damaged or destroyed by fire or other casualty and if, prior to Closing, the real Estate shall not be repaired or restored by and at the Sellers expense, to a condition as good as it was prior to the damage or destruction, then Purchaser, at his option, may terminate this contract by written notice to Seller and the Down Payment Shall be returned to Purchaser. While this contract is pending, Sellers shall not change any existing lease or enter into any new lease, nor make any substantial alterations or repairs without the consent of the Purchaser. In addition, the Purchaser also has an insurable interest in the property from date of this contract. Purchaser is hereby notified that insurance should be placed upon the property immediately to protect Purchasers’ interest.