Title to Improvements. Upon installation or erection of improvements in or on the Concession Space, such improvements (but excluding any of Concessionaire's personal property and trade fixtures which are attached or affixed thereto) shall become a part of the realty upon which they are erected and title thereto shall vest in the City (“Improvements”). Upon vesting, the Improvements become part of the Concession Space and are subject to the terms applicable to the Concession Space within this Agreement.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Title to Improvements. Upon installation or erection of improvements in or on the Concession SpaceImprovements, such improvements Improvements (but excluding any of Concessionaire's personal property and trade fixtures which are attached or affixed thereto) shall become a part of the realty upon which they are erected and title thereto shall vest in the City (“Improvements”)City. Upon vesting, the Improvements become part of the Concession Space and are subject to the terms applicable to the Concession Space within this Agreement.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Title to Improvements. Upon installation or erection of improvements in or on the Concession SpaceImprovements by Contractor, such improvements Improvements (but excluding any of ConcessionaireContractor's personal property and trade fixtures which are attached or affixed thereto) shall become a part of the realty upon which they are erected and title thereto shall vest in the City (“Improvements”)City. Upon vesting, the Improvements become part of the Concession Space and are subject to the terms applicable to the Concession Space within this Agreement.
Appears in 2 contracts
Samples: Tennis Concession Agreement, Services and Concession Agreement