Owner Improvements Clause Samples
The "Owner Improvements" clause defines the rights and responsibilities related to any modifications, additions, or upgrades made to a property by the owner. Typically, this clause outlines what types of improvements are permitted, whether prior approval is required, and who bears the cost and maintenance responsibilities for such changes. For example, it may specify that structural changes need written consent from relevant parties or that cosmetic upgrades are allowed without approval. The core function of this clause is to set clear boundaries and expectations regarding property alterations, thereby preventing disputes and ensuring that all parties understand their obligations and rights concerning improvements.
Owner Improvements. Owner may not place or plant any trees, buildings or improvements (an “Improvement”) on the Premises after the date of this Lease which may, in Project Company’s sole judgment, impede or materially interfere with the open and unobstructed access to the sun to any Site or Facility (located either on the Premises or on the Project Properties), unless Owner has received written approval from Project Company for any such trees, structure or improvement. Subject to the foregoing, Owner may construct an Improvement of the Premises if such Improvement meets all of the following requirements:
(a) Such Improvement poses no interference with any part of the Solar Facilities located on the Premises or elsewhere in the Project; and
(b) Such Improvement is located at least five hundred (500) feet from the location of any Site (whether such Site is located on the Premises or elsewhere in the Project). (an Improvement that complies with all of the foregoing restrictions will be referred to as a “Permitted Improvement”). Owner may construct such Permitted Improvements without the prior consent of Project Company. However, should Owner construct an Improvement that is determined by Project Company to violate or not be in compliance with any of the restrictions of this section, Project Company may provide notice to Owner that said Improvement must to be removed within thirty (30) days of Owner’s receipt of Project Company’s notice. Should Owner fail to remove the non-complying Improvement within such thirty (30) day period, Project Company may cause the same to be removed and may off-set the cost of the removal against any lease payments due hereunder to Owner.