Examples of Removable Fixtures in a sentence
Concessionaire agrees if necessary, at Concessionaire’s sole cost and expense, to design, erect, construct, install, replace, refurbish, equip and furnish all necessary New Improvements, Removable Fixtures, equipment, fixtures, and make related facility changes as needed to operate a ON AIRPORT RENTAL CAR CONCESSION, pursuant to this Agreement, subject to the Provisions of this Agreement.
The City reserves the right, and Concessionaire agrees that the Director may require Concessionaire to promptly and timely remove any or all Removable Fixtures and restore the Premises to an acceptable condition as approved by the Director.
If the City takes title to any Removable fixtures or otherwise disposes of the property, the City will be entitled to all proceeds of sale of any Removable Fixtures as liquidated damages for the Concessionaire’s breach of its covenant to timely remove its Removable Fixtures.
Concessionaire shall be solely liable and responsible for all costs and expenses pertaining to any design, construction, acquisition, installation, replacement, relocation and maintenance of the Improvements, Removable Fixtures and equipment as may be necessary to provide service pursuant to this Agreement.
Within sixty (60) days of the commencement of the operation in the Premises, Concessionaire shall submit a list of such Removable Fixtures in writing to the Director for the Director of Airports approval, and Concessionaire shall periodically update such list as required.
Concessionaire acknowledges, stipulates and agrees that the City shall not be responsible or liable for any relocation costs associated with Concessionaires’ personal property or Removable Fixtures including, without limitation, any loss of income or profit.
All New Improvements constructed or placed in the Premises by Concessionaire that are not Removable Fixtures, and all alterations, modifications and enlargements thereof will become part of the Premises with title vesting in City upon expiration or earlier termination of this Agreement; subject, however, to Concessionaires obligation to operate, repair, maintain and replace, and its right of possession, use and occupancy during the term and in accordance with the Agreement.
All Removable Fixtures will remain the property of Concessionaire, and will be removed by Concessionaire at date of expiration or termination of this Agreement.
If after fifteen (15) days following the expiration or early termination of this Agreement, Concessionaire fails to remove its Removable Fixtures from the Premises, the Removable Fixtures may be deemed abandoned.
In addition to whatever other rights are available to the City, with prior notification of Concessionaire, the City may: (i) remove and store all or any portion of the Removable Fixtures at Concessionaire’s expense, or (ii) take title to, use, sell or otherwise dispose of all or any portion of the Removable Fixtures.