Leasehold Improvements definition

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.
Leasehold Improvements means all leasehold improvements situated in or on the Leased Real Property and owned by Seller.
Leasehold Improvements means all fixtures, improvements, installations, alterations and additions from time to time made, erected or installed by or on behalf of the Tenant or any former occupant in the Leased Premises, including internal stairways, doors, hardware, partitions (including movable partitions) and wall -to-wall carpeting, but excluding the Tenant's trade fixtures, furniture and equipment not in the nature of fixtures;

Examples of Leasehold Improvements in a sentence

  • Leasehold improvements are amortized using the straight-line method over the terms of the leases.

  • Depreciation on property, plant and equipment is calculated using the straight-line method to allocate their costs or revalued amounts to their residual values over their estimated useful lives, as follows: Leasehold improvements Over the lease term or useful live of 5 years, whichever is shorterOffice equipment 5 yearsFurniture and fixtures 5 yearsMotor vehicles 3 years The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.

  • Tangible capital assets are amortized using the straight-line method over the estimated useful lives as follows: Buildings: Ratanak Centre 30 years Other 40 years Elevator 20 years Furniture and equipment 5 to 10 years Motor vehicles 7 years Leasehold improvements Lesser of lease term and 5 years Assets under development are not amortized until they are completed and available for use.

  • The various rates of depreciation are as follows: Buildings and improvements - 20 - 40 years Leasehold improvements - the lesser of period of lease and 10 years Plant and machinery - 3 - 20 yearsMotor vehicles - 5 - 10 years Office equipment, computers and software - 3 - 10 years The estimated useful lives, residual values and depreciation method are reviewed at each year end, with the effect of any changes in estimate accounted for on a prospective basis.

  • Leasehold improvements are depreciated over the lease period or 10 years whichever is lower.


More Definitions of Leasehold Improvements

Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, 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.
Leasehold Improvements means all improvements, additions, alterations, and fixtures installed in the Leased Premises by Tenant at its expense which are not Trade Fixtures.
Leasehold Improvements means all improvements and equipment which are affixed to the Leased Premises and which cannot be removed without material damage to the Premises.
Leasehold Improvements. As defined in Section 12.1.
Leasehold Improvements means all alterations, leasehold improvements and installations to be constructed or installed by Tenant in the Premises according to this Work Letter.
Leasehold Improvements means all non-structural improvements in the Premises or exclusively serving the Premises, and any structural improvements to the Building made to accommodate Tenant’s particular use of the Premises. The Leasehold Improvements may exist in the Premises as of the Execution Date, or be installed by Landlord or Tenant under this Lease at the cost of either party. The Leasehold Improvements include: (1) interior walls and partitions (including those surrounding structural columns entirely or partly within the Premises); (2) the interior one-half of walls that separate the Premises from adjacent areas designated for leasing; (3) the interior drywall on exterior structural walls, and walls that separate the Premises from the Common Areas; (4) stairways and stairwells connecting parts of the Premises on different floors, except those required for emergency exiting; (5) the frames, casements, doors, windows and openings installed in or on the improvements described in (1-4), or that provide entry/exit to/from the Premises; (6) all hardware, fixtures, cabinetry, railings, paneling, woodwork and finishes in the Premises or that are installed in or on the improvements described in (1-5); (7) if any part of the Premises is on the ground floor, the ground floor exterior windows (including mullions, frames and glass); (8) integrated ceiling systems (including grid, panels and lighting); (9) carpeting and other floor finishes; (10) kitchen, rest room, lavatory or other similar facilities that exclusively serve the Premises (including plumbing fixtures, toilets, sinks and built-in appliances); (11) if any part of the Premises encompasses an entire floor of the Building, the elevator lobby, corridors and restrooms located on such floor; and (12) the sprinkler, plumbing, heating, ventilating, air conditioning, lighting, communications, security, drainage, sewage, waste disposal, vertical transportation, fire/life safety, and other mechanical, electronic, physical or informational systems that exclusively serve the Premises.
Leasehold Improvements means all fixtures, improvements, installations, Alterations and additions now or from time to time hereafter made, erected or installed, whether by the Tenant, the Landlord or anyone else, in the Premises with the exception of trade fixtures, racking, and furniture and equipment not of the nature of fixtures, but includes all partitions however fixed (including movable partitions) and includes all wall-to-wall carpeting with the exception of such carpeting where laid over vinyl tile or other finished floor and affixed so as to be readily removable without damage.