Adjustment Works definition

Adjustment Works in this Lease shall mean: construction works, which shall be performed by the Lessee by itself or by others in order to adjust the Object of the Lease to the requirements of the Lessee during the course of the construction of the Object of the Lease by the Lessor and before receiving possession of the Object of the Lease.

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Adjustment Works all of the works performed by the Lessee and paid thereby, required in order to adjust the Leased Property for the Lessee’s needs and for the purpose of lease, subject to the provisions of this Agreement, if any.

Adjustment Works. All works that the Lessee requires for the purpose of completing construction of the Additional Leased Premises and for the purpose of making the Additional Leased Premises compatible with its requirements (except for the Lessor's Works within their meaning above) and all alterations or additions implemented by the Lessee in the area of the Additional Leased Premises (to the extent implemented), and that will be implemented by and at the expense of the Lessee in accordance with the provisions set forth in this Addendum;

Examples of Adjustment Works in a sentence

• Except for the budget allocated for the Adjustment Works as stated in Appendix D of this Addendum, the other provisions set forth in this Addendum shall apply to the entire Additional Area.

• It is agreed that Sections 7, 8, 9, 19 of the Head Tenancy Agreement will not apply to Tenant, and Section 10, shall apply, mutatis mutandis, on renovation work during the rental period (not the Adjustment Works, (as defined in the Head Tenancy Agreement) performed by the Landlord).

• In order to avoid all doubt, liability associated with the Renovations and Adjustment Works performed by the Landlord in the Tenancy shall be borne by the Landlord, and Landlord shall secure appropriate insurance.

• Regardless of the completion of the Renovations and Adjustment Works, the Tenant will sign a financing Bank appendix in a form attached to this agreement as Annex “H”, or any other form required by the bank.

• Notwithstanding the abovementioned, it is agreed that during the period of performing the Adjustment Works in the Leased Property the Leased Property’s A/C systems will be disconnected and the Lessee will not be charged for the cost of electricity consumption including its relative share in the cost until their reconnection as per its request.

• The Tenant declares to take full responsibility for all of the foregoing toward the Owner, the management company and all third parties at its own risk and expense (and not that of the Landlord), except in connection with the Renovations and Adjustment Works as described above).

• It is hereby clarified that during period of performing the Adjustment Works, the Lessee will pay the property taxes applicable to the Leased Property except if the Lessee receives a legal exemption from the aforementioned payment since the Leased Property is an empty asset or an asset under renovation (the Lessee will be entitled to submit to the Herzliya Municipality an application as aforementioned and the Lessor will cooperate therewith in this matter).

• For the removal of doubts, the approval of the Adjustment Works plan by the Lessor does not obligate the Lessor in any manner whatsoever with regard to the level and quality of the plan including all of its components.

• Moreover, the Lessee will be responsible by law to the Lessor and/or anyone acting on its behalf or with its permission and/or to any third party, for any damage that is caused by it and/or by anyone acting on its behalf for any bodily injury and/or damage to property in connection with the execution of the Adjustment Works by it, provided that what is stated above did not occur as a result of an act and/or omission of the Lessor and/or anyone acting on its behalf and/or with its permission.

• However, repairs and completions that are listed in the Protocol, and which prevent the execution of the Adjustment Works by the Lessee, will be carried out by the performance contractor (on behalf of the Lessor) by the date of delivery.

More Definitions of Adjustment Works

Adjustment Works has the meaning set forth under Schedule 4.8.

Adjustment Works any adjustments, removals, reinstatements, augmentations and/ or enhancements to all or any of the of the works elements mentioned in (a) or (b) above, including (without limitation) the temporary provision of such works and undertaking monitoring activities to address issues around the enforcement, clarity, improved compliance and public acceptance of the Combined Scheme; and