Permitted Alteration definition

Permitted Alteration. Any Capital Alteration or Non-Capital Alteration to a Facility or Leased Property that is permitted pursuant to the terms of this Lease.

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Permitted Alteration shall have the meaning given to such term in Section 9.1.

Permitted Alteration means any alteration in the Premises that does not (1) affect the structure of the Building; (2) adversely affect the electrical, plumbing, mechanical or other systems of the Building or the functioning thereof; (3) interfere with the operation of the Building or the provision of services or utilities to other tenants in the Building; or (4) cost more than Twenty-Five Thousand Dollars ($25,000.00) in the aggregate over a period of six (6) months.

Examples of Permitted Alteration in a sentence

Tenant shall give Landlord at least ten (10) days prior notice of such Permitted Alterations, which notice shall be accompanied by a reasonably detailed description of the Permitted Alteration and reasonably adequate evidence that such changes meet the criteria contained in this Section 8.1 to qualify’ as a Permitted Alteration.
In the case of any alteration that is not a Permitted Alteration (each, a “Material Alteration”), Landlord, within ten (10) days after its receipt of such notice, shall either (i) give its written consent to such Material Alteration, or (ii) deny its consent and request revisions or modifications to such Material Alteration.
Tenant shall not make any alterations in or additions to the Premises ("Alterations") after the Rent Commencement Date, unless such Alteration is a Permitted Alteration.
For the avoidance of doubt clause (ii) and Section 10.3(b) shall not apply to any Alteration that is not a Permitted Alteration.
Tenant shall not commence ------------------- construction of any Permitted Alteration until Lessor shall have obtained the consent of any applicable Facility Mortgagee or Superior Lessor, if such consent is required.

More Definitions of Permitted Alteration

Permitted Alteration is defined in Section 7.2(b) of the Lease.

Permitted Alteration means any Alteration in the Premises which is consistent with alterations normally and customarily untaken by office tenants in Comparable Buildings and that will not (i) affect the structure or safety of the Building; (ii) adversely affect the electrical, plumbing, mechanical or other base Building systems or the functioning thereof; (iii) be or become visible from the exterior of the Premises; (iv) adversely interfere with the operation of the Building or the provision of services or utilities to other tenants in the Building; (v) cost more than Twenty-Five Thousand Dollars ($25,000.00) in any twelve (12) month period; or (vi) require a permit or other government approval to undertake. In the event that within ten (10) days after receiving the Permitted Alterations Notice, Landlord determines, in its reasonable discretion, that the proposed Alterations are not Permitted Alterations, and so notifies Tenant, Tenant shall apply for Landlord’s consent for such Alterations in accordance with the provisions of this Section 6.

Permitted Alteration has the meaning set forth in Section 12 of this Lease.

Permitted Alteration is defined in Section 7.2(b) of the Master Lease.

Permitted Alteration is defined in Section 7.2(b) of the Lease. "Permitted Contest" means actions taken by a Person to contest in good faith, by appropriate proceedings initiated timely and diligently prosecuted, the legality, validity or applicability to the Equipment or any location whereon or wherein the Equipment or any portion thereof are located or to be located, or any interest therein of any Person of (a) any law, regulation, rule, judgment, order, or other legal provision or judicial or administrative requirements, (b) any term or condition of, or any revocation or amendment of, or other proceeding relating to, any authorization or other-consent, approval or other action by any Governmental Authority or (c) any Lien or Tax, if the initiation and prosecution of such contest would not: (i) result in, or materially increase the risk of, the imposition of any criminal liability on any Indemnitee; (ii) materially and adversely affect the security interests created by the Operative Documents or the rights and interests of Lessor in or to any of the Equipment or the right of Lessor, Agent or any Lender to receive payment of all or any portion of the principal of or interest on any Note, Rent, Lease Balance or any other amount payable under the Operative Documents; (iii) permit, or pose a material risk of, the sale or forfeiture of, or foreclosure on, any APPENDIX 1

Permitted Alteration. As defined in Article 9, Section 9.1.

Permitted Alteration means any Alteration in the Premises which is consistent with a Comparable Building and that will not (1) affect the structure or safety of the Building; (2) adversely affect the electrical, plumbing, mechanical or other systems of the Building or the functioning thereof; (3) be or become visible from the exterior of the Premises; (4) adversely interfere with the operation of the Building or the provision of services or utilities to other tenants in the Building; (5) cost more than […***…] in the aggregate over a period of twelve (12) months; or (6) require a permit or other government approval to undertake. In the event that within ten (10) days after receiving the Permitted Alterations Notice, Landlord determines, in its reasonable discretion, that the proposed alterations are not Permitted Alterations, and so notifies Tenant, Tenant shall apply for Landlord's consent for such alterations in accordance with the provisions of this Section 8.