Definition of Kinport Leased Premises Improvements


Kinport Leased Premises Improvements means the original building, trade fixtures, equipment, personal property or improvements owned, constructed, installed or made by Kinport or Kinport's contractor, at Kinport's expense, within the Leased Premises and more particularly described on Exhibit "3" of the Lease.
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Examples of Kinport Leased Premises Improvements in a sentence

Kinport, at its expense, shall provide at replacement value for the Kinport Leased Premises Improvements and with insurer(s) approved by and satisfactory to City, insurance against loss by special perils.
Kinport will use its best efforts to substantially complete construction of the Kinport Leased Premises Improvements within one hundred and eighty 180 days of the date of closing and the Kinport Mixed-Use Premises Improvements (excluding tenant improvements) within two years of the date of closing.
In the event Kinport fails, refuses or otherwise causes, suffers or allows the insurance to terminate for any reason, then the City shall have the ability, but not the obligation, to obtain and keep in full force and effect during the Term hereof, insurance against loss by special perils of the Kinport Leased Premises Improvements.
The Kinport Leased Premises Improvements, equipment and other personal property which may have been stored or installed by or at the expense of Kinport shall be and remain the property of Kinport.
The City shall substantially complete the associated Public Improvements by the time of the substantial completion of the Kinport Leased Premises Improvements.