Midterm Refurbishments Sample Clauses

Midterm Refurbishments. “Midterm Refurbishments” shall have the meaning set forth in Section 9.2.2 of this Lease Agreement.
Sample 1
AutoNDA by SimpleDocs
Midterm Refurbishments. On or before the Midterm Deadline, Concessionaire shall completely upgrade and refurbish the permanent Leased Premises (the “Midterm Refurbishments”) in a manner acceptable to the Authority to maintain an attractive and inviting appearance to customers. In order to permit the timely completion of the Midterm Refurbishments, not later than July 5, 2033, Concessionaire shall submit to the Authority Concessionaire’s proposed schedule and plan of refurbishment, specifically identifying those repairs and Alterations, including but not limited to painting, re-carpeting, re-finishing, re- decorating, and replacing furniture, trade fixtures and equipment, that it intends to undertake to restore the Leased Premises to an opening day condition. The Midterm Refurbishments shall be of quality equal to or better than the Initial Improvements, and all work (including, but not limited to, any Alterations) shall be subject to the prior written approval of the Authority and performed in accordance with the Tenant Design Guidelines. Unless otherwise expressly approved by the Authority, Concessionaire’s investment in the Midterm Refurbishments shall be not less than fifteen percent (15%) of the Initial Investment Amount (the “Minimum Reinvestment”). Concessionaire shall proceed with the implementation schedule as approved by the Authority to construct the Midterm Refurbishments. In the event that Concessionaire has not completed the Midterm Refurbishments by the Midterm Deadline, Concessionaire shall, in addition to (and not in lieu of) any other rights or remedies the Authority may have (whether under this Lease Agreement or in law or in equity), pay the Authority an amount equal to one-half (50%) of the Construction Delay Damages sanctions until Concessionaire has completed the Midterm Refurbishments. Design and engineering costs for the Midterm Refurbishments shall not exceed twelve percent (12.0%) of the total cost of the improvements and construction management costs, if any, shall not exceed five percent (5.0%) of the total cost of the improvements. At the request of Concessionaire and upon approval by the Authority, such Midterm Reinvestment may be used for reconcepting one or more locations within the Leased Premises. Should Concessionaire fail to spend the Minimum Reinvestment required for Midterm Refurbishments, the Authority, in its sole and absolute discretion may require payment of the unspent amount as additional rent.
Sample 1

Related to Midterm Refurbishments

  • Maintenance and Repair – Line Sharing 3.6.1 C.M. shall have access for repair and maintenance purposes to any Loop for which it has access to the High Frequency Spectrum. If C.M. is using a BellSouth owned splitter, C.M. may access the Loop at the point where the combined voice and data signal exits the central office splitter via a bantam test jack. If C.M. provides its own splitter, it may test from the collocation space or the Termination Point.

  • Maintenance, Repair and Replacement Subject to the provisions of Article 10.00 and payment by the Tenant of Rent, the Landlord shall operate, maintain, repair and replace the systems, facilities and equipment necessary for the proper operation of the Project and for provision of the Landlord's Services set out in Section 6.02 (except as may be installed by or be the property of the Tenant) and shall maintain and repair the foundations, structure and roof of the Building and repair damage to the Building which the Landlord is obligated to insure against under Article 9.00, provided that:

  • Building Commissioning Services The Owner may provide as a part of its testing services the Building Commissioning services involving the project’s HVAC and exhaust systems, temperature control systems, fire detection and alarm systems, emergency power and lighting system, fire suppression system, security locks and security locking control systems, food service equipment (if applicable), and laundry equipment (if applicable). In the event the Using Agency’s Program specifies additional commissioning services, the Owner shall procure such services as well. The Owner, through its Executive Administrator, may engage an independent Commissioning Authority. It is the intent of this Article that the Commissioning Authority enforce the requirements mentioned herein and certify that the systems and equipment listed all function properly prior to the initiation of each final inspection.

  • Equipment Cleaning (a) Areas, known by Forest Service prior to timber sale advertisement, that are infested with invasive species of concern are shown on Sale Area Map. A current list of invasive species of concern and a map showing the extent of known infestations is available at the Forest Supervisor’s Office. For purposes of this provision, “Off-Road Equipment” includes all logging and construction machinery, except for log trucks, chip vans, service vehicles, water trucks, pickup trucks, cars, and similar vehicles.

  • Generating Facility The Interconnection Customer’s device for the production of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities.

  • Electrical Equipment Residents must use only CSA, UL-approved or Canadian-certified electrical equipment; the rated wattage of light fixtures must never be exceeded; and only replacement bulbs supplied by Waterloo maintenance staff may be used. Do not leave any unattended electrical equipment turned on (i.e. hair straighteners, lights etc.)

  • Projects The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Objectives and the Compact Goal.

  • Infrastructure Improvements The design, redevelopment and construction and completion of certain infrastructure improvements, including sewer, stormwater, electrical and water main improvements, along with other similar improvements.

  • Consumables During the design phase, Purchaser may participate in the selection of suppliers of consumables of the Supplier. In such case, the choice regarding the final selection of the said suppliers shall be mutually agreed between the Parties. Two suppliers shall be identified and selected for each type of consumables.

  • Installation, Maintenance, Testing and Repair Unless otherwise agreed in writing by the Parties, to the extent required by Applicable Law, Interconnection provided by a Party shall be equal in quality to that provided by such Party to itself, any subsidiary, affiliates or third party. If either Party is unable to fulfill its obligations under this Section 14.2, it shall notify the other Party of its inability to do so and will negotiate alternative intervals in good faith. The Parties agree that to the extent required by Applicable Law, the standards to be used by a Party for isolating and clearing any disconnections and/or other outages or troubles shall be at parity with standards used by such Party with respect to itself, any subsidiary, affiliate or third party.

Time is Money Join Law Insider Premium to draft better contracts faster.