Initial Capital Improvements definition

Initial Capital Improvements means the Capital Improvements undertaken by Operator or its Sublessees, if any, to Build-out a Concession Location prior to its Facility Opening Date.
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Initial Capital Improvements shall have the meaning assigned to such term in Section 3.2 of the Trust Agreement.
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Initial Capital Improvements or "ICI" means the improvem ents to the Incineration Facilities described in Appendix 2 to be perm itted (except for the State air permit to construct the fluidized bed incinerator portion of the Initial Capital Improvements), designed, constructed, installed, started up and tested by the Lessee in accordance with the ICI Design and Construction Requirem ents.
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Examples of Initial Capital Improvements in a sentence

  • Operator shall provide Authority with certified receipts and lien releases for the Initial Capital Improvements and the Additional Capital Improvements required hereunder within 90 days after the completion thereof in detail acceptable to Authority to enable Authority to verify compliance with the requirements of this Concession Agreement.

  • Approve the following resolution to approve the authorizing agreement with Westerheide Construction Company for the vestibule and interior door project.

  • The Cambridge City Council has appropriated six million dollars ($6,000,000) for the Initial Capital Improvements, of which approximately $700,000 has been expended to demolish existing interior partitions, and the City shall expend substantially all of the remainder of such amount during the time prior to the execution Term of this Sublease and within the first ten (10) years of such term.

  • Except to the extent of any credit to Base Rent received by Redeveloper, the entire cost of constructing the Initial Capital Improvements shall be borne by Redeveloper.

  • At a minimum, the Charter would have to be amended to allow for an Executive Committee with decision making authority, and may require provisions to expand its role in recommending capital project funding.• Develop an Initial Capital Improvements Plan - Communities, watershed and drainage districts have provided the SMAB with as much as $250 million in capital projects to address stormwater management needs.

  • After Certain Initial Capital Improvements are Reimbursed from Operating Revenues, the City will Share in Operating Profits.

  • The City and CRA will confer with Development Entity, as appropriate, regarding the Initial Capital Improvements.

  • In addition to the Initial Capital Improvements, and subject to ARTICLE IX, Operator will complete additional Capital Improvements to the Concession Locations (the “Additional Capital Improvements”) totaling not less than twenty percent (20%) of the Eligible Costs of the Initial Capital Improvements in Constant Dollars (the “Additional Minimum Investment”) prior to the fifth (5th) anniversary of the Full Turnover Date.

  • City shall provide no funds for the Initial Capital Improvements and Building alterations, except that Lessee shall be entitled to the Capital Improvement Rent Offset as set forth herein.

  • The construction, equipping, and installation of the Initial Capital Improvements to each Concession Location shall be completed within 120 days after the Turnover Date for each Concession Location.


More Definitions of Initial Capital Improvements

Initial Capital Improvements. As defined in Basic Lease Provisions. ---------------------------- Inventory: As defined in the Joint Venture Agreement. ---------
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Initial Capital Improvements means capital expenditures ---------------------------- with respect to the Property funded in part with the proceeds of this Note.
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Initial Capital Improvements or "ICI" means the improvements to the Plant described in Appendix 2 to be permitted, designed, constructed, installed, started up and tested by the Company in accordance with the ICI Design and C onstruction R equirements.
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Initial Capital Improvements has the meaning set forth in the Recitals. ----------------------------
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Related to Initial Capital Improvements

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Specialty Alterations means Alterations consisting of kitchens, executive bathrooms, raised computer floors, computer installations, vaults, libraries, internal staircases, dumbwaiters, pneumatic tubes, vertical and horizontal transportation systems, and other Alterations of a similar character.

  • Maximum medical improvement means that no further material improvement would reasonably be expected from medical treatment or the passage of time;

  • Tenant Improvements Defined in Exhibit B, if any.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • 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:

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

  • Project Improvements means site improvements and facilities that are:

  • Cost of Capital Improvement Projects means the costs of acquiring, constructing, reconstructing, expanding, improving and engineering Capital Improvement Projects, and related financing costs.

  • 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.

  • Major Alteration means change other than repair or replacement of building materials or equipment with materials and equipment of a similar type.

  • Excavation work means the making of any man-made cavity, trench, pit or depression formed by cutting, digging or scooping;

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

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

  • Home improvement means the remodeling, altering,

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Redevelopment project means a specific construction project

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Joint Improvements has the meaning set forth in Section 7.1(d).

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

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

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).