Definition of Sub-Lessee's Improvements

Sub-Lessee's Improvements means the fit outs that are or to be installed or affixed in the Premises by the Sub-Lessee, which are in the nature of interiors done by the Sub-Lessee and belonging to the Sub-Lessee;
Sample 1

Examples of Sub-Lessee's Improvements in a sentence

In addition to the above, the Sub-Lessor shall pay to the Sub-Lessee the written down value of the Sub-Lessee's Improvements, which are immovable in nature and are installed by the Sub-Lessee at the Premises, based on the book value of the fit outs depreciated over a period of five (05) years from the Lease Commencement Date.