Qualified Improvements definition

Qualified Improvements means the improvements to be constructed by the Redeveloper described in Section 3.4(a) hereof.

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Qualified Improvements means those improvements made at a Facility and capitalized on the books of Tenant or Subtenant for any of the following: replacement of furniture, fixtures and equipment, including refrigerators, ranges, major appliances, bathroom fixtures, doors (exterior and interior), central air conditioning and heating systems (including cooling towers, water chilling units, furnaces, boilers and fuel storage tanks) and major replacement of siding; major roof replacements, including major replacements of gutters, downspouts, ▇▇▇▇▇ and soffits; major repairs and replacements of plumbing and sanitary systems; overhaul of elevator systems; major repaving, resurfacing and sealcoating of sidewalks, parking lots and driveways; repainting of entire building exterior; but excluding major alterations, renovations, additions and normal maintenance and repairs.

Qualified Improvements means a qualified improvement as described in

Examples of Qualified Improvements in a sentence

The Property Owner and the County are entering into this Agreement for the purpose of subjecting the Property to a C-PACER assessment to finance or refinance the purchase, installation, or construction of the Qualified Improvements identified on Exhibit B on the Property.
The installation or modification of such Qualified Improvements on the Property will be a “qualified project” as defined in Section 399.002 of the PACE Act (the “Project”).
The Company shall be responsible for certifying to the County the amount of Qualified Improvements incurred pursuant to the certification attached hereto as Exhibit B.
Within 60 days after the end of each fiscal year, Tenant shall deliver to Landlord a certificate in the form of Exhibit G listing the Qualified Improvements made in the prior year.
For the purposes of assuring compliance with this Agreement, representatives of Agency shall have, upon reasonable prior notice to Developer, the right of reasonable access to the Site without charges or fees and at normal construction hours during the period of construction for the purposes of this Agreement, including, but not limited to, the inspection of the work being performed in constructing the Qualified Improvements.
The Property, Qualified Improvements and Assessment are more fully described in the Notice of Contractual Assessment Lien.
Commencing with fiscal year 2017, if the entire minimum amount was not expended in such year, the certificate will include certification that the balance of the current minimum amount has been deposited in a reserve account to be used solely for Qualified Improvements for the HealthSouth Facilities.
Property Owner has requested that Local Government enter into this Owner Contract pursuant to the PACE Act and the PACE Program and has requested Local Government to impose an assessment (the “Assessment”) on the Property as set forth in the Notice Of Contractual Assessment Lien Pursuant To Property Assessed Clean Energy Act to be filed in the real property records of San ▇▇▇▇▇▇▇▇ County, Texas (the “Notice of Contractual Assessment Lien”), to repay the financing of such Qualified Improvements.
With funds from the lender, the property owner can purchase directly the equipment and materials for the Qualified Improvement and contract directly, including through lease, power purchase agreement, or other service contract, for the installation or modification of the Qualified Improvements.
The Company shall be responsible for certifying to the County the amount of Qualified Improvements incurred.

More Definitions of Qualified Improvements

Qualified Improvements means buildings constructed on the LCRA Property, the plans for which have been approved by LCRA which approval shall not be unreasonably withheld, by Redeveloper for a luxury condominium project, market-rate housing, a parking garage, one or more retail or mixed use developments or such other improvements approved by LCRA in its sole discretion.

Qualified Improvements means physical improvements made to a residential or commercial property that have been approved by the Office of Planning and Zoning.

Qualified Improvements are permanent improvements intended to decrease water or energy consumption or demand, including a product, device, or interacting group of products or devices on the customer’s side of the meter that use energy technology to generate electricity, provide thermal energy, or regulate temperature. Under the PACE Act, products or devices that are not permanently fixed to real property are not considered to be Qualified Improvements. The following items may constitute Qualified Improvements: ● High efficiency heating, ventilating and air conditioning (“HVAC”) systems ● High efficiency chillers, boilers, and furnaces ● High efficiency water heating systems ● Energy management systems and controls ● Distributed generation systems ● High efficiency lighting system upgrades ● Building enclosure and envelope improvements ● Water conservation and wastewater recovery and reuse systems ● Combustion and burner upgrades ● Heat recovery and steam traps ● Water management systems and controls (indoor and outdoor) ● High efficiency irrigation equipment

Qualified Improvements means physical improvements that are made to a qualified property, including new construction or improvements made after demolition of

Qualified Improvements means a qualified improvement as described in the program guide.