Investment in Real Estate Improvements and Equipment Sample Clauses

Investment in Real Estate Improvements and Equipment. The Company shall make, or cause to be made, investments for improvements to real estate and for acquisitions of tangible personal property (together, the “Improvements”), which shall total at least $47,500,000 and which shall occur on or before December 21, 2021. The Improvements shall include all real and personal property (excluding land) related to the Project.
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Investment in Real Estate Improvements and Equipment. The Company shall cause a third party developer (“Developer”) to construct the Facility for lease to the Company, and shall produce deed, title and/or other legal instruments showing proof of ownership of the Facility by the Developer and lease of the Facility to the Company by the Developer; documentation for improvements which have been made to the real estate; and receipts showing proof of acquisitions of machinery, equipment and other taxable property for the Facility by the Developer and/or the Company. The Company shall make, or cause to be made, investments for improvements to real estate and for acquisitions of tangible personal property (together, the “Improvements”), which shall total at least $2,700,000 and which shall occur on or before December 31, 2019. The Improvements shall include all real and personal property (excluding land) related to the Project, whether or not the Improvements are owned by the Company, and for avoidance of doubt, shall specifically include Improvements made with respect to the Project by the Developer.
Investment in Real Estate Improvements and Equipment. The Company shall cause a third party developer (“Developer”) to construct the Facility for lease to the Company, and shall produce deed, title and/or other legal instruments showing proof of ownership of the Facility by the Developer and lease of the Facility to the Company by the Developer; documentation for improvements which have been made to the real estate; and receipts showing proof of acquisitions of machinery, equipment and other taxable property for the Facility by the Developer and/or the Company. The Company shall make, or cause to be made, investments for improvements to real estate and for acquisitions of tangible personal property (together, the “Improvements”), which shall total at least $24,300,000 (which represents 90% of an aspirational goal, but not a contractual requirement, of $27,000,000) and which shall occur on or before December 31, 2019. The Improvements shall include all real and personal property (excluding land) related to the Project, whether or not the Improvements are owned by the Company, and for avoidance of doubt, shall specifically include Improvements made with respect to the Project by the Developer.

Related to Investment in Real Estate Improvements and Equipment

  • Real Estate All real property at any time owned or leased (as lessee or sublessee) by the Borrower or any of its Subsidiaries.

  • Furniture, Fixtures and Equipment Sublessee shall have the right to use during the Term the office furnishings and equipment within the Subleased Premises that are identified on Exhibit C attached hereto, as such exhibit may be adjusted by mutual agreement of the parties prior to the Third Floor Premises Delivery Date (the “Furniture”), provided Sublessee may only use the Furniture located in the Second Floor Premises after the Second Floor Commencement Date. The Furniture is provided in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever. Sublessee shall insure the Furniture under the property insurance policy required under the Master Lease, as incorporated herein, and pay all taxes with respect to the Furniture. Sublessee shall maintain the Furniture in good condition and repair, reasonable wear and tear excepted, and shall be responsible for any loss or damage to the same occurring during the Term. Sublessee shall surrender the Furniture to Sublessor upon the termination of this Sublease in the same condition as exists as of the applicable Delivery Date, reasonable wear and tear excepted. Sublessee shall not remove any of the Furniture from the Subleased Premises. Notwithstanding anything to the contrary herein, Sublessee may provide Sublessor with written notice one (1) time not less than forty-five (45) days prior to the Third Floor Premises Delivery Date that lists any items of Furniture that Sublessee does not want to use and Sublessor shall, at no cost to Sublessee, remove such items from the Subleased Premises prior to the Third Floor Premises Delivery Date and such items shall no longer be considered Furniture hereunder. Notwithstanding the foregoing, provided Sublessee is not in default beyond the expiration of any applicable cure or grace period as of the date of the expiration or earlier termination of this Sublease, which condition may be waived by Sublessor in its sole discretion, then upon the expiration or earlier termination of this Sublease, the Furniture shall become the property of Sublessee, and Sublessee shall accept the same in its “AS IS, WHERE IS” condition, without representation or warranty whatsoever except as provided in the Bill of Sale referred to in the following sentence. In the event the Furniture is to become the property of Sublessee upon the expiration or earlier termination of this Sublease pursuant to the terms of the immediately preceding sentence, then Sublessor agrees to execute and deliver to Sublessee a Bill of Sale in the form of Exhibit D attached hereto conveying and transferring to Sublessee the Furniture.

  • Property and Equipment All property and equipment purchased by CONTRACTOR with funds received under this Agreement, or purchased on behalf of CONTRACTOR for the program site(s) covered under this Agreement, shall be insured by CONTRACTOR at replacement value against fire, theft, and destruction equal to the full replacement cost.

  • Premises and equipment 6.1 If necessary, the Customer shall provide the Supplier with reasonable access at reasonable times to its premises for the purpose of supplying the Services. All equipment, tools and vehicles brought onto the Customer’s premises by the Supplier or the Staff shall be at the Supplier’s risk.

  • PROPERTY IMPROVEMENTS Improvements placed on National Forest System land at the direction of either of the parties, shall thereupon become property of the United States, and shall be subject to the same regulations and administration of the Forest Service as other National Forest improvements of a similar nature. No part of this instrument shall entitle the cooperator to any share or interest in the project other than the right to use and enjoy the same under the existing regulations of the Forest Service.

  • CARE OF BUILDING AND EQUIPMENT Exhibitors or their agents shall not injure or deface any part of the exhibit building, the booths, or booth contents or show equipment and décor. When such damage appears, the exhibitor is liable to the owner of the property so damaged. 14.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • Personal Property In addition to the real property described in Section II, the Seller shall include the following personal property: _ The real property in Section II and any personal property in Section III shall be collectively known as the “Property”.

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church.

  • Real Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

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