Permitted Capital Improvements. As defined in Section 10.1(a).
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.
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.
Examples of Permitted Capital Improvements in a sentence
My Commission Expires: Notary Public EXHIBIT A Land Description EXHIBIT B Property Description Unit Ophir Mountain Village Condo EXHIBIT C Permitted Capital Improvements The Owner of a deed restricted unit may add to the resale amount outlined in restrictive covenant the cost of certain permitted qualified capital improvements and maintenance items (“QCI’s”).
Permitted Capital Improvements also include such items as (i) replacement or major resurfacing (1½” or deeper) of the parking lot (not including a slurry coat or other lesser treatment), and (ii) complete replacement (but not modification or repair) of particular signage or landscape/hardscape.
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.
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.
Permitted Capital Improvements shall have the meaning set forth in Section 8.2(h).
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:
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).
Permitted Capital Improvements has the meaning set forth in Section 1 of the Permitted Capital Improvement Addendum.