Remodeling and Improvements Sample Clauses

Remodeling and Improvements. The Borrower may remodel the Project or make substitutions, additions, modifications or improvements thereto from time to time as it, in its discretion, deems desirable, provided that (i) any such remodeling, substitutions, additions, modifications or improvements do not materially alter the character of the Project as an enterprise permitted by the Act and (ii) the same will not adversely affect the exclusion from gross income for federal taxation purposes of interest on the Bonds, as provided in an Opinion of Bond Counsel addressed to the Issuer, the Trustee and the Credit Enhancer. The cost of such remodeling, substitutions, additions, modifications or improvements shall be paid by the Borrower.
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Remodeling and Improvements. In the event Lessee desires to remodel or make any alterations to the Premises, Lessee shall submit the design plan and the anticipated cost for such proposed alterations, changes, or improvements to Lessor for review and approval by Lessor. Lessee shall make no changes, improvements or alterations to the Premises without the Lessor providing prior w itten consent to such changes, improvements, or alternations and to the costs relating thereto. Lessor shall not unreasonably withhold their consent. Lessee shall use a licensed and bonded contractor or contractors for all such alterations, changes, or improve ents. Lessee agrees that any alterations, changes, or improvements shall not xxxxx the rent. In the performance of such work, Lessee agrees to comply with all laws and ordinances and to hold Lessor harmless from any damage, loss or expense caused by work performed for and on behalf of L ssee. Any alterations of the Premises shall become at once a part of the Premises and belong to the Lessor. Lessee shall provide Lessor with such documentation as Lessor may reaso ably require confirmation that Lessee has paid for the cost of an alteration, change or improvement to the Premises.
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Remodeling and Improvements. The Lessee may remodel the Public Facility Components or make substitutions, additions, modifications or improvements thereto from time to time as it, in its discretion, deems desirable, so long as such remodeling, substitutions, additions, modifications, or improvements do not cause the Public Facility Components to fail to meet or exceed the original design capacity, quality and criteria. The cost of such remodeling, substitutions, additions, modifications or improvements shall be paid by the Lessee, but the same shall be the property of the Public Owner and be included under the terms of this Use Agreement as part of the Public Facility Components. Any property for which a substitution or replacement is made pursuant to this Section or Sections 3.1 and/or 3.5 may be disposed of by the Lessee in any manner and in the Lessee's sole discretion, with any funds received from such disposition being credited against the cost of such substitute or replacement property. In no event shall the Lessee in connection with or as a result of any actions taken under this Section 3.4 create, assume or suffer to exist a lien on, or with respect to, the Public Owner's interest in the Public Facility Components or the related Facility Component Sites and Public Easements.
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Remodeling and Improvements. The Lessee may remodel the Public Lateral Pipeline or make substitutions, additions, modifications or improvements thereto from time to time as it, in its discretion, deems desirable, so long as such remodeling, substitutions, additions, modifications, or improvements do not cause the Public Lateral Pipeline to fail to meet or exceed the original design capacity, quality and criteria. The cost of such remodeling, substitutions, additions, modifications or improvements shall be paid by the Lessee, but the same shall be the property of the Public Owner and be included under the terms of this Use Agreement as part of the Public Lateral Pipeline. Any property for which a substitution or replacement is made pursuant to this Section or Sections 3.1 and/or 3.5 may be disposed of by the Lessee in any manner and in the Lessee's sole discretion, with any funds received from such disposition being credited against the cost of such substitute or replacement property. In no event shall the Lessee in connection with or as a result of any actions taken under this Section 3.4 create, assume or suffer to exist a lien on, or with respect to, the Public Owner's interest in the Public Lateral Pipeline or the related Facility Component Sites and Public Easements.
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Remodeling and Improvements. The Company may remodel the Project Facility or make substitutions, additions, modifications or improvements thereto from time to time as it, in its discretion, deems desirable, provided that any such remodeling, substitutions, additions, modifications or improvements do not materially alter the character of the Project Facility as an enterprise permitted by the Act or violate any governmental permits of the Project Facility. The cost of such remodeling, substitutions, additions, modifications or improvements shall be paid by the Company.
Sample 1

Related to Remodeling and Improvements

  • Building and Improvements Lessor shall obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor, with loss payable to Lessor and to any Lender(s), insuring against loss or damage to the Premises. Such insurance shall be for full replacement cost, as the same shall exist from time to time, or the amount required by any Lender(s), but in no event more than the commercially reasonable and available insurable value thereof if, by reason of the unique nature or age of the improvements involved, such latter amount is less than full replacement cost. Lessee-Owned Alterations and Utility Installations, Trade Fixtures and Lessee's personal property shall be insured by Lessee pursuant to Paragraph 8.4. If the coverage is available and commercially appropriate, Lessor's policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and/or earthquake unless required by a Lender), including coverage for any additional costs resulting from debris removal and reasonable amounts of coverage for the enforcement of any ordinance or law regulating the reconstruction or replacement of any undamaged sections of the Building required to be demolished or removed by reason of the enforcement of any building, zoning, safety or land use laws as the result of a covered loss, but not including plate glass insurance. Said policy or policies shall also contain an agreed valuation provision in lieu of any co-insurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not less than the adjusted U.S. Department of Labor Consumer Price Index for All Urban Consumers for the city nearest to where the Premises are located.

  • Alterations and Improvements Tenant shall make no alterations to the buildings or improvements on the Premises or construct any building or make any other improvements on the Premises without the prior written consent of Landlord. Any and all alterations, changes, and/or improvements built, constructed or placed on the Premises by Tenant shall, unless otherwise provided by written agreement between Landlord and Tenant, be and become the property of Landlord and remain on the Premises at the expiration or earlier termination of this Agreement.

  • Alterations, Additions, and Improvements Subject to the provisions of this Article IV, Lessee may make any alterations, additions, improvements or other changes to the Premises and the Relevant Assets as may be necessary or useful in connection with the operation of the Relevant Assets (collectively, the “Additional Improvements”). If such Additional Improvements require alterations, additions or improvements to the Premises or any of the Shared Access Facilities, Lessee shall notify Lessor in writing in advance and the parties shall negotiate in good faith any increase to the fees paid by Lessee under the Site Services Agreement by Lessee or otherwise provide for reimbursement of any material increase in cost (if any) to Lessor under the Site Services Agreement that results from any modifications to the Premises or the Shared Access Facilities necessary to accommodate the Additional Improvements, or as otherwise mutually agreed by the parties. Any alteration, addition, improvement or other change to the Premises, Relevant Assets or Additional Improvements (and, if agreed by Lessee and Lessor, to the Shared Access Facilities) by Lessee shall be made in a good and workmanlike manner and in accordance with all applicable Laws. The Relevant Assets and all Additional Improvements shall remain the property of Lessee and shall be removed by Lessee within one (1) year after termination of this Lease (provided that such can be removed by Lessee without unreasonable damage or harm to the Premises) or, at Lessee’s option exercisable by notice to Lessor, surrendered to Lessor upon the termination of this Lease. Lessee shall not have the right or power to create or permit any lien of any kind or character on the Premises by reason of repair or construction or other work. In the event any such lien is filed against the Premises, Lessee shall cause such lien to be discharged or bonded within thirty (30) days of the date of filing thereof.

  • Inventions and Improvements During the term of his employment, Executive shall promptly communicate to Company all ideas, discoveries and inventions which are or may be useful to Company or its business. Executive acknowledges that all ideas, discoveries, inventions, and improvements which are made, conceived, or reduced to practice by him and every item of knowledge relating to Company's business interests (including potential business interests) gained by him during his employment hereunder are the property of Company, and Executive hereby irrevocably assigns all such ideas, discoveries, inventions, improvements, and knowledge to Company for its sole use and benefit, without additional compensation. The provisions of this Section shall apply whether such ideas, discoveries, inventions, improvements or knowledge are conceived, made or gained by him alone or with others, whether during or after usual working hours, whether on or off the job, whether applicable to matters directly or indirectly related to Company's business interests (including potential business interests), and whether or not within the specific realm of his duties. It shall be conclusively presumed that ideas, inventions, and improvements relating to Company's business interests or potential business interests conceived during the two (2) years following termination of employment are, for the purposes of this Agreement, conceived prior to termination of employment. Executive shall, upon request of Company, but at no expense to Executive, at any time during or after his employment with Company, sign all instruments and documents requested by Company and otherwise cooperate with Company to protect its right to such ideas, discoveries, inventions, improvements, and knowledge, including applying for, obtaining, and enforcing patents and copyrights thereon in any and all countries.

  • Leasehold Improvements The Lessee agrees that no leasehold improvements, alterations or changes of any nature, (except for those listed on any attached addenda) shall be made to the leasehold premises or the exterior of the building without first obtaining the consent of the Lessor in writing, which consent shall not be unreasonably withheld, and thereafter, any and all leasehold improvements made to the Premises which become affixed or attached to the leasehold Premises shall remain the property of the Lessor at the expiration or termination of this Lease Agreement. Furthermore, any leasehold improvements shall be made only in accordance with applicable federal, state or local codes, ordinances or regulations, having due regard for the type of construction of the building housing the subject leasehold Premises. If the Lessee makes any improvements to the Premises the Lessee shall be responsible payment, except the following . Nothing in the Lease shall be construed to authorize the Lessee or any other person acting for the Lessee to encumber the rents of the Premises or the interest of the Lessee in the Premises or any person under and through whom the Lessee has acquired its interest in the Premises with a mechanic’s lien or any other type of encumbrance. Under no circumstance shall the Lessee be construed to be the agent, employee or representative of Lessor. In the event a lien is placed against the Premises, through actions of the Lessee, Lessee will promptly pay the same or bond against the same and take steps immediately to have such lien removed. If the Lessee fails to have the Lien removed, the Lessor shall take steps to remove the lien and the Lessee shall pay Lessor for all expenses related to the Lien and removal thereof and shall be in default of this Lease.

  • Landlord's Improvements All fixtures, improvements or equipment which are installed, constructed on or attached to the Premises, Building or Common Area by Landlord shall be a part of the realty and belong to Landlord.

  • Landlord Improvements Landlord will construct a laboratory build-out for the Premises ("Landlord Improvements") pursuant to plans submitted by Landlord to Tenant and reasonably approved by Tenant ("Plans"), which shall be consistent with the floor plan attached hereto as Exhibit "C." The Plans generally shall provide for the Landlord Improvements to be constructed in order to accommodate generally accepted generic biotechnical laboratory uses, except as Landlord may otherwise agree. Unless otherwise determined by Landlord, the Tenant Improvements shall include the construction of an energy efficient electronically controlled central HV/AC plant. Within five (5) days after the Effective Date, Tenant shall provide to Landlord for Landlord's review and approval the following: (i) a proposed detailed list of equipment for the Premises, with the make, model, and specifications, and (ii) a detailed chemical inventory, with all codes and classifications. Tenant shall provide to Landlord such other information as Landlord may reasonably request for construction of the Landlord Improvements within five (5) days after written request therefor. Tenant shall provide written notice of its disapproval of the Plans within five (5) days after the Plans have been submitted detailing its precise reasons for disapproval. The failure of Tenant to disapprove the Plans in writing within a five (5) day period shall be conclusively deemed Tenant's approval of the Plans. Landlord shall have its architect revise the Plans to remedy any reasonable objections of Tenant, and Tenant shall have an additional five (5) day period to review the revised Plans to reasonably determine if such objections were satisfied; provided, however, Tenant shall make no new objections to the Plans. If there are any reasonable objections not addressed by revised Plans, the review procedure shall be repeated until all Tenant's objections are reasonably satisfied. If Tenant has not fully approved the Plans within sixty (60) days after the date such plans were first submitted to Tenant hereunder, Landlord at its sole election may terminate this Lease. Tenant shall timely sign and submit to Landlord a Certificate of Approval of Tenant Improvement Plans in the form as shown in Exhibit "F" attached to this Lease and incorporated herein by this reference ("Certificate"). In the case where Tenant is deemed to have approved the Plans on account of Tenant's failure to timely respond following the delivery of the Plans, such approval shall be deemed to have been given in accordance with the terms of the Certificate. Tenant acknowledges that Landlord may reasonably change the Plans as required by Applicable Law or unforeseen circumstances.

  • 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”);

  • TENANT'S IMPROVEMENTS If the Lessor is the Insuring Party, the Lessor shall not be required to insure Lessee Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease. If Lessee is the Insuring Party, the policy carried by Lessee under this Paragraph 8.3 shall insure Lessee Owned Alterations and Utility Installations.

  • LESSEE'S IMPROVEMENTS Since Lessor is the Insuring Party, Lessor shall not be required to insure Lessee-Owned Alterations and Utility Installations unless the item in question has become the property of Lessor under the terms of this Lease.

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