Real Property Improvements. 1 4 Equipment.............................................................................................. 2 5 Rent................................................................................................... 2
Real Property Improvements. Subject to compliance with all applicable statutory requirements, the FDC intends to partially fund the rehabilitation and repair of the Property and Project by providing up to Fifty Thousand Dollars ($50,000) toward the Project.
Real Property Improvements. Landlord hereby represents and warrants to Tenant that to its knowledge the Improvements (including the HVAC, plumbing, electrical, mechanical and other component systems) are in operating condition, order and repair, subject to ordinary wear and tear and capable of being used in the business as presently being conducted without present need for repair or replacement except in the ordinary course of business.
Real Property Improvements. To the Knowledge of Shurgard, other than amounts for maintenance and capital expenditures described in the Shurgard SEC Filings, (i) all of the improvements on the Shurgard Real Property (other than real property formerly leased or owned by Shurgard), including signs located on or adjacent to such Shurgard Real Property, are in good condition and repair (subject only to ordinary wear and tear), free of infestation and free of physical, mechanical, structural, design and construction defects, (ii) all water, electric, sewer, plumbing, heating, ventilating, gas and air conditioning servicing such improvements are in good condition and repair (subject only to ordinary wear and tear) and are free of defects, except as would not have a Shurgard Material Adverse Effect.
Real Property Improvements. Landlord hereby represents and warrants to Tenant that as of the Commencement Date, the Improvements (including the HVAC, plumbing, electrical, mechanical and other component systems) are in operating condition, order and repair, subject to ordinary wear and tear and capable of being used in the business as presently being conducted without present need for repair or replacement except in the ordinary course of business; that the Improvements have been maintained and repaired in accordance with reasonable business practices, consistently applied and in accordance with the terms of all warranties and guarantees; the zoning classification of the Real Property is such that the Real Property may be used as it was used by Landlord immediately prior to the Commencement Date; the Premises do not, at the Commencement Date, violate in any material respect, any provisions of any applicable building code, fire, health or safety regulation, or other governmental ordinances, orders or regulations, and no condition exists as of the Commencement Date with respect to the Premises which would prevent, or require repair or modification thereof as a prerequisite to, Tenant using the Premises in the ordinary conduct of a full facility truck/auto travel center business, excluding conditions which require repair and maintenance in the ordinary course.
Real Property Improvements. Tenant acknowledges and agrees that Tenant has inspected the Improvements (including the HVAC, plumbing, electrical, mechanical and other component systems) and as a result of such inspection, Tenant acknowledges that the same are in good operating condition, order and repair, and are capable of being used in the Business without present need for repair or replacement.
Real Property Improvements. For purposes of this Schedule only, notwithstanding anything to the contrary contained in the Master Lease, the parties acknowledge and agree that some or all of the Property consists of improvements to the real property owned by the Lessee that may become permanently affixed or permanently attached to the real property (“Real Property Improvements”) and as such, in respect to the Real Property Improvements only, Sections 7d of the Master Lease shall be deleted in its entirety and the following Section of the Master Lease shall be amended as follows: Section 8d shall be amended and replaced in its entirety with the following language:
Real Property Improvements. The Level 1 Development must occur on or before the Xxxxx 0 Xxxxxxxxxx Xxxxxxxx.
Real Property Improvements. XXXXXXX-XXXXXXXX will purchase the land for an estimated One Million Dollars ($1,000,000.00) and complete no less than Thirty Two Million Dollars ($32,000,000.00) in real property improvements, including construction of a new facility by May 31, 2017,
