Improvements Pertaining to the Realty definition

Improvements Pertaining to the Realty means machinery or equipment installed for use on the property that cannot be removed without a substantial economic loss or without substantial damage to the property on which it is installed, regardless of the method of installation. In determining whether particular property can be removed "without a substantial economic loss," the value of the machinery or equipment in place and considered as part of the realty should be compared with its value if it were removed and sold.
Improvements Pertaining to the Realty means machinery or equipment installed for use on the Property that cannot be removed without a substantial economic loss or without substantial damage to the property on which it is installed, regardless of the method of installation. In determining whether particular property can be removed "without a substantial economic loss," the value of the property in place considered as part of the realty should be compared with its value if it were removed and sold.

Examples of Improvements Pertaining to the Realty in a sentence

  • Escrow Agent is hereby authorized to disburse the sum of $136,050 to Lessee, at the close of escrow, when Escrow is in receipt of a duly executed Quitclaim Deed, in favor of Buyer, in a form satisfactory to Buyer, quitclaiming all Lessee’s right, title and interest in and to the Lease and the Property (including the Improvements Pertaining to the Realty identified in Exhibit C attached hereto) and a demand in the amount of $136,050 for the use, and recording if appropriate, of said Quitclaim Deed.

Related to Improvements Pertaining to the Realty

  • Resort Complex means the hotel, convention centre/theatre restaurant, exhibition centre, recreation and other facilities and the Burswood Casino established or to be established on the Site pursuant to and in accordance with the provisions of this Agreement and includes, if and when constructed, Stage 2 but does not include, on and from the date specified in an order made under section 21F(1b) of the Control Act, any of the foregoing which are by the order excluded from the operation of this Agreement;

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Minimum Improvements means the acquisition of land and construction of a 64-unit market rate residential apartment building and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • The Works/Project means the works to be executed or done under this contract.

  • Improvements shall have the meaning set forth in the granting clause of the Mortgage.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • General Conditions Cost means costs incurred and minor work performed by Contractor without the need for competitive bids/proposals. The allowable General Conditions items are limited in Paragraph 11.1 and are further described on Exhibit “D”. The maximum allowable General Conditions Cost payable to Contractor during the Construction Phase of the Project is set out in Exhibit “A” attached to this Agreement.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • Leased Improvements shall have the meaning given such term in Section 2.1(b).

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Construction, panel, and floor covering adhesive means any one-component adhesive that is designed exclusively for the installation, remodeling, maintenance, or repair of:

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • Commercial building means any building other than a residential building,

  • Mixed-use project means a project comprising both a qualified

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Tenant Improvements Defined in Exhibit B, if any.

  • Accessory Structure (Appurtenant Structure means a structure located on the same parcel of property as the principal structure and the use of which is incidental to the use of the principal structure. Garages, carports and storage sheds are common urban accessory structures. Pole barns, hay sheds and the like qualify as accessory structures on farms, and may or may not be located on the same parcel as the farm dwelling or shop building.

  • Improvement warranty means an applicant's unconditional warranty that the