Common use of Capital Expenditures and Reserves Clause in Contracts

Capital Expenditures and Reserves. Borrower shall not make any --------------------------------- capital improvement to the property other than those described in the Plans and Specifications (as the same may be changed pursuant to Section 4.05 hereof) or expend or reserve any income or revenue derived from the Property for any such capital improvement without Lender's prior approval for each such capital improvement, expenditure or reserve.