Tenant's Right to Construct. As to each Leased Property, --------------------------- during the Term of this Lease or any Extension Term, as the case may be, so long as no Event of Default shall have occurred and be continuing as to such Leased Property, Tenant may make Capital Additions (as defined herein), or other alterations, additions, changes and/or improvements to such Leased Property as deemed necessary or useful to operate such Leased Property for Tenant's Business (individually, a "Tenant Improvement," or collectively, the "Tenant Improvements"). "Capital Additions" shall mean the construction of one or more new buildings or one or more additional structures annexed to any portion of any of the Improvements on a Leased Property, which are constructed on any parcel or portion of the Land comprising a Leased Property, including the construction of a new floor, or the repair, replacement, restoration, remodeling or rebuilding of the Improvements or any portion thereof on a Leased Property which are not normal, ordinary or recurring to maintain such Leased Property. Except as otherwise agreed to by Landlord herein or otherwise in writing, any such Tenant Improvement or Capital Addition shall be made at Tenant's sole expense and shall become the property of Landlord upon termination of this Lease. Unless made on an emergency basis to prevent injury to person or property, as to each Leased Property, Tenant must obtain Landlord's prior written approval, such approval not to be unreasonably withheld or delayed, for any Capital Addition or for any Tenant Improvement which is not a Capital Addition and which has a cost of more than One Hundred Thousand Dollars ($100,000) or a cost which, when aggregated with the costs of all such Tenant Improvements on such Leased Property in a given Lease Year, would cause the total costs of all such Tenant Improvements on such Leased Property to exceed Two Hundred Fifty Thousand Dollars ($250,000). Additionally, in connection with any Tenant Improvement, including any Capital Addition, Tenant shall provide Landlord with copies of any plans and specification therefor, Tenant's budget relating thereto, any required governmental permits or approvals, any construction contracts or agreements relating thereto, and any other information relating to such Tenant Improvement as Landlord shall reasonably request.
Tenant's Right to Construct. Subject to the prior written approval of Landlord in its reasonable discretion, during the Lease Term Tenant may make alterations, additions, changes and/or improvements to the Property (individually, a "Tenant Improvement," and collectively, "Tenant Improvements"). Any such Tenant Improvement shall be made at Tenant's sole expense and shall become the property of Landlord upon termination of this Lease. Unless made on an emergency basis to prevent injury to Person or property, Tenant will submit plans and specifications for any Tenant Improvements, in the form necessary for any required building permits, to Landlord for Landlord's prior written approval, such approval not to be unreasonably withheld or delayed. Upon approval by Landlord:
Tenant's Right to Construct. During the Term of this Lease, Tenant may make alterations, additions, changes improvements to the Leased Property (individually, a "Tenant Improvement," and collectively, "Tenant Improvements"). Except as otherwise agreed to by Landlord in writing, any such Tenant Improvement shall be made at Tenant's sole expense and shall become the property of the Landlord upon termination of this Lease. All Tenant Improvements shall be subject to all of the following conditions and restrictions:
Tenant's Right to Construct. Subject to the prior written approval of Landlord in its reasonable discretion, during the Lease Term Tenant may make alterations, additions, changes and/or improvements to the Property (individually, a "Tenant Improvement," and collectively, "Tenant Improvements"). Any such Tenant Improvement shall be made at Tenant's sole expense, except for the Capital Improvements, and shall become the property of Landlord upon termination of this Lease. Unless made on an emergency basis to prevent injury to Person or property, Tenant will submit plans and specifications for any Tenant Improvements, in the form necessary for any required building permits, to Landlord for Landlord's prior written approval, which approval shall not to be unreasonably withheld or delayed. Upon approval by Landlord:
Tenant's Right to Construct. Subject to the prior written approval of Landlord in its reasonable discretion, during the Lease Term Tenant may make alterations, additions, changes and/or improvements to the Property (individually, a "Tenant Improvement," and collectively, "Tenant Improvements"), provided any Tenant Improvements costing $250,000 or less shall not require approval of Landlord. Except as set forth in Section 12.9 below, any such Tenant Improvement shall be made at Tenant's sole expense and shall become the property of Landlord upon termination of this Lease. Unless made on an emergency basis to prevent injury to Person or property, Tenant will submit plans and specifications for any Tenant Improvements, in the form necessary for any required building permits, to Landlord for Landlord's prior written approval, such approval not to be unreasonably withheld or delayed and withheld or delayed and shall not be withheld so long as such alterations, additions, changes and/or improvements do not have a material adverse affect on the value of the Property. Upon approval by Landlord:
Tenant's Right to Construct. In the event that Landlord refuses or fails to perform the construction of the Expansion Space, Tenant shall have the right, at its sole cost and expense, to construct the Expansion Space, subject to compliance with Applicable Laws and insurance requirements and shall be further subject to Landlord's right to approve appropriate architectural and engineering reports, studies, analyses, tests, calculations, plans and specifications associated with the construction of the Expansion Space. Tenant shall construct the Expansion Space in a good and workmanlike manner with only new, first quality materials. Tenant shall keep the Premises free from any liens arising out of any work performed on, or materials furnished to, the Premises, in accordance with Section 6.04 above. Tenant shall execute and file or record, as appropriate, a "Notice of Non Responsibility", or any equivalent notice permitted under applicable law in the state where the Premises is located which provides that Landlord is not responsible for the payment of any costs or expenses relating to the additions or alterations. If Tenant constructs the Expansion Space, Tenant shall have no obligation to pay Rent with respect to the Expansion Space and shall have the right to receive any casualty and condemnation proceeds for the Expansion Space; provided, however, in all other respects such Expansion Space shall be and become a part of the Premises from and after such construction and this Lease and Tenant's obligations hereunder shall include such Expansion Space.
Tenant's Right to Construct. Subject to the prior written approval of Landlord in its reasonable discretion, during the Lease Term Tenant may make alterations, additions, changes and/or improvements to the Property (individually, a "Tenant Improvement," and collectively, "Tenant Improvements"). Any such Tenant Improvement shall be made at Tenant's sole expense and shall become the property of Landlord upon termination of this Lease; provided, however, that Tenant may depreciate the costs of such Tenant Improvements subject to applicable federal and state tax laws provided the funds used to construct such Tenant Improvements were not provided for as a capital expenditure by Landlord or an Affiliate of Landlord. Unless made on an emergency basis to prevent injury to Person or property, Tenant will submit plans and specifications for any Tenant Improvements, in the form necessary for any required building permits, to Landlord for Landlord's prior written approval, and such response shall not be unreasonably withheld or delayed (failure by Landlord to provide such response within thirty (30) days after receipt of the plans and specifications shall be deemed approval).
Tenant's Right to Construct. Subject to the prior written approval of Landlord in its reasonable discretion, during the Lease Term Tenant may make alterations, additions, changes and/or improvements to the Property (individually, a "Tenant Improvement," and collectively, "Tenant Improvements"). Notwithstanding the foregoing, if Tenant proposes to make any Tenant Improvements that would create an additional source of revenue at the Property (i.e., tennis courts, swim facility, etc.) that is not currently included in the calculation of Gross Golf Revenue, Landlord shall not be obligated to consent to such improvement unless the Percentage Rent is adjusted hereunder in a manner satisfactory to Landlord. Any such Tenant Improvement shall be made at Tenant's sole expense and shall become the property of Landlord upon termination of this Lease. Unless made on an emergency basis to prevent injury to Person or property, Tenant will submit plans and specifications for any Tenant Improvements, in the form necessary for any required building permits, to Landlord for Landlord's prior written approval, which approval shall be at Landlord's reasonable discretion. Upon approval by Landlord:
Tenant's Right to Construct. During the Term of this Lease, --------------------------- Tenant may make alterations, additions, changes and/or improvements to the Leased Property (individually, a "Tenant Improvement," and collectively, "Tenant ------------------ ------ Improvements"). Except as otherwise agreed to by Landlord in writing, any such ------------ Tenant Improvement shall be made at Tenant's sole expense and shall become the property of Landlord upon termination of this Lease. Tenant will not make any changes in the design or layout of the golf courses without Landlord's prior approval. Unless made on an emergency basis to prevent injury to Person or property, Tenant will submit plans for any other Tenant Improvement with a value of more than $250,000 in the first Fiscal Year and increased by four percent per annum for each subsequent Fiscal Year to Landlord for Landlord's prior approval, such approval not to be unreasonably withheld or delayed. Landlord's approval may require removal of the Tenant Improvements at the end of the Term.
Tenant's Right to Construct. During the Term of this Agreement, so long as no Event of Default shall have occurred and be continuing as to the Leased Property that is the subject of such improvements, Tenant may make Capital Additions (as defined herein), or other alterations, additions, changes and/or improvements to any Leased Property as deemed necessary or useful to operate the Leased Property as a correction or detention facility (the "Primary Intended Use") (individually, a "Tenant Improvement," or collectively, "Tenant Improvements") with the prior written consent of the Landlord, which will not be unreasonably withheld or delayed. "Capital Additions" shall mean the construction of one or more new buildings or one or more additional structures annexed to any portion
