Capital Improvements Fee definition
Examples of Capital Improvements Fee in a sentence
When any Concessions Location within the Premises is located in a food court, Concessionaire agrees to pay within ten (10) days after the last day of each month during the Term, a Commons Area Capital Improvements Fee, representing its share of the annual Commons Area Capital Improvements costs in twelfths (1/12) applicable to the Premises, as stated in the Summary of Contract Provisions, multiplied by the total Commons Area Maintenance costs reflected in DEN’s Rules and Regulations, Rule 120.
When any Concessions Location within the Premises is located in a food court, Concessionaire agrees to pay within ten (10) days after the last day of each month during the Term, a Common Area Capital Improvements Fee, representing its share of the annual Common Area Capital Improvements costs in twelfths (1/12) applicable to the Premises, as stated in the Summary of Contract Provisions, multiplied by the total Common Area Maintenance costs reflected in DEN’s Rules and Regulations, Rule 120.
In addition to your Admission Payments described above, a one-time Capital Improvements Fee of $ will be paid (by wire, a separate bank or certified check) to Meadow Ridge on the same day as your Loan is due pursuant to Section 1.3 above.