Refurbish Clause Samples
The 'Refurbish' clause outlines the obligations and procedures for restoring or improving property, equipment, or assets to a specified standard. Typically, this clause details when refurbishment must occur, the required quality or condition, and who bears responsibility for the associated costs. For example, it may require a tenant to return leased premises in a refurbished state at the end of a lease, or obligate a contractor to upgrade equipment before handover. Its core function is to ensure that assets are maintained or returned in good condition, thereby protecting the interests of the owner and preserving asset value.
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Refurbish. Make available such of Manager’s personnel, and arrange for such other personnel that, in Manager’s reasonable judgment, are needed to prepare, review and implement plans and specifications for minor and routine alteration or refurbishment of the Casino as proposed by Operator from time to time; arrange for the design, selection, and scope of replacement of FF&E deemed appropriate by Manager.
Refurbish. The component will be reconditioned by being rebuilt or by rebuilding or replacing key parts of the component.
Refurbish to refurbish the Property or any part of it; or
Refurbish. Make available such of Manager’s personnel, and arrange for such other personnel that, in Manager’s reasonable judgment, are needed to prepare, review and implement plans and specifications for minor and routine alteration or refurbishment of The Cannery as proposed by Owner from time to time; arrange for the design, selection, and scope of replacement of FF&E.
Refurbish. Refurbish is about processing an old product and restoring it to a new quality product (EU, 2020). For example, in food, the food of the previous day can, by adding extra materials and processing, take a completely different form and be consumed. The same can happen with old items such as furniture, jewelry, and clothing, which can be turned into a retro or vintage new utility item.
Refurbish. Consistent with the Annual Operating Budget for each Casino Operation or other funding approved by Manager and the Oaktree Managers, Manager shall make available such of Manager’s personnel, and arrange for such other personnel that, in Manager’s reasonable judgment, are needed to prepare, review and implement plans and specifications for minor and routine alteration or refurbishment of each Casino Operation as proposed by the applicable Owner from time-to-time; and arrange for the design, selection, and scope of replacement of FF&E.