Permitted Capital Improvements definition

Permitted Capital Improvements. As defined in Section 10.1(a).
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Permitted Capital Improvements means Capital Improvements which (a) will not materially and adversely affect the structural integrity of the then existing Improvements, (b) will not materially and adversely affect the use or functionality of the Leased Property, and (c) will not adversely affect the value of the Leased Property in any material respect.
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Permitted Capital Improvements means any Mandatory Capital Improvement or any Discretionary Capital Improvement, in each case, for which either (a) the Independent Engineer has provided a Capital Improvement IE Certificate or (b) if the Independent Engineer is not willing to provide a Capital Improvement IE Certificate, the Capital Improvement Plan for such Permitted Capital Improvements has been selected pursuant to the resolution process set forth in Section 14.3.8 (Capital Improvements Generally) of the CFAA.
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Examples of Permitted Capital Improvements in a sentence

  • The Borrower shall not make any Capital Improvements other than Permitted Capital Improvements.


More Definitions of Permitted Capital Improvements

Permitted Capital Improvements means an improvement made by the Owner to the Unit, in the manner set forth in Section 3 and Exhibit C of this Agreement and as provided in the Guidelines, which shall qualify as an improvement that can be used to increase the Maximum Resale Price. Permitted Capital Improvements must comply with and be permissible under the CC&Rs per Section 2.7.
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Permitted Capital Improvements shall only include those items of improvement to the Property that are defined hereinbelow, or as modified from time to time in the Guidelines.
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Permitted Capital Improvements means such additional capital improvements as Borrower may, from time to time, propose to the Lenders to undertake after the Closing Date, which additional capital improvements: (a) have been approved by the Lenders , such approval not to be unreasonably withheld (including pursuant to the Lenders' approval of a Permitted Capital Improvements Budget prepared by Borrower and/or pursuant to Leases approved by Lenders); and (b) constitute Permitted Capital Improvement Expenses and not Operating Expenses. Permitted Capital Improvements shall not include such Capital Improvements as are required to be performed by Lenders at Lenders' expense pursuant to the Contract of Sale (no additional Lenders' consent is required for all such Capital Improvements to be performed by Lenders at Lenders' expense).
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Permitted Capital Improvements means those improvements to the Property performed by the current Owner as described in the Guidelines, which shallqualify for inclusion within the calculation of Maximum Resale Price if the Owner furnishes the Town with the following information:
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Permitted Capital Improvements shall have the meaning set forth in Section 8.2(h).
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Related to Permitted Capital Improvements

  • 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.

  • 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:

  • Non-Financed Capital Expenditures means Capital Expenditures not financed by the seller of the capital asset, by a third party lender or by means of any extension of credit by Lender other than by means of an Advance under the Revolving Credit Facility.

  • 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.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Major renovation means the renovation of a building where:

  • Construction project means the same as that term is defined in Section 38-1a-102.