Capital Repairs and Improvements Clause Samples

The Capital Repairs and Improvements clause defines the responsibilities and procedures for undertaking significant repairs or upgrades to a property that go beyond routine maintenance. Typically, this clause outlines which party—such as a landlord or tenant—is responsible for funding and executing major works like structural repairs, system replacements, or substantial renovations. It may also set out approval processes, cost-sharing arrangements, and limitations on the types of improvements allowed. The core function of this clause is to allocate responsibility and financial risk for major property investments, ensuring clarity and preventing disputes over who must pay for or authorize substantial property enhancements.
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Capital Repairs and Improvements. (i) LESSOR shall be responsible for all capital repairs and improvements to the Leased Premises during the term of the Lease, after the initial capital investment to the Leased Premises by Lessee under the Grant. Such capital repairs and improvements shall be determined in LESSOR’S reasonable discretion. (A) ALTERATIONS: LESSEE shall be receiving approximately $87,000.00 under the Grant to renovate the Substation building into a police substation and may make structural alterations and changes provided LESSOR consents thereto. All such initial allowed alterations shall be at LESSEE'S expense and shall conform to LESSEE’S specifications and LESSOR’S approval in writing. LESSEE shall not permit any mechanics' liens, or similar liens, to remain upon the Leased Premises in connection with work of any character performed or claimed to have been performed at the direction of LESSEE and shall cause any such lien to be released or removed without cost to LESSOR. Any alterations or improvements shall become part of the real estate of the Leased Premises and the property of LESSOR. Any alterations completed by LESSEE shall be done in conformance with all applicable codes and regulations.
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Capital Repairs and Improvements. ▇▇▇▇▇▇ acknowledges and agrees that ▇▇▇▇▇▇ has inspected the Premises and has substantial knowledge as to the condition of the Premises. Landlord shall not be responsible for capital repairs or improvements to the Premises. Subject to the terms herein, Tenant hereby waives its rights to compel Landlord to repair, replace, upgrade or otherwise maintain the Premises.
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Capital Repairs and Improvements. Except for improvements to the Premises made by or on behalf of Tenant for Tenant's use of the Premises, or damages caused by Tenant pursuant to subdivision (b) above, which will be the responsibility of Tenant, should the need for capital repairs or improvements to the Premises arise during the Lease term (including, without limitation (i) the structural components of the Building consisting only of the foundation and members supporting the roof, and (ii) utility lines outside the boundaries of the Building), such repairs or improvements shall be made by Landlord. Tenant shall give Landlord written notice of any repair required to be made by Landlord. Tenant hereby waives and releases any right it may have to make repairs at Landlord's expense under Section 1941 and 1942 of the California Civil Code, or under any similar law, statute or ordinance.
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Capital Repairs and Improvements. When calculating costs to be reimbursed by Tenant in Sections 11.5(a) and (b) of the Lease with respect to the Expansion Premises, references therein to “initial demised term of this Lease” shall mean the Expansion Premises Term (as extended, if extended).
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Capital Repairs and Improvements. The District shall be responsible for major repairs, capital improvements or replacements, or construction at the School Facilities. The District shall allocate capital improvement and replacement funds (including any related to information technology) to the School Facilities to the same extent and in the same manner as it does for other District schools of similar size, grade levels and location and shall undertake capital replacements, improvements, and repairs to the School Facilities during the term of this MOU consistent with the District’s regular budgets and plans. District shall provide all applicable capital improvement plans and policies to MLA.
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Capital Repairs and Improvements. With regard to any repair, replacement, improvement or other work to the Building or the Premises that is a capital expenditure under generally accepted accounting principles (a “Capital Expenditure”) and that is necessary to maintain or repair, or replace as needed, facilities and improvements existing as of the Commencement Date, including any related work that may be required by applicable Laws, Tenant may, at its option, either (a) perform the same at Landlord’s expense or (b) give written notice to Landlord of the need for the Capital Expenditure, in which event Landlord shall perform the same at its expense. If Tenant elects to perform the Capital Expenditure, Landlord shall reimburse Tenant for its out-of-pocket expenditures therefor within thirty (30) days after receipt of Tenant’s invoice, and if such amount is not paid when due, Tenant may offset the amount due from the Rents. Notwithstanding the foregoing, Tenant shall be responsible to perform and bear the cost of, and Capital Expenditures shall not include, any repair, replacement, improvement or other work necessitated by reason of Tenant’s failure to perform its obligations under Section 6.2 or Tenant’s particular and unique use of the Premises (and not generally applicable to similar commercial premises). Notwithstanding the foregoing, with regard to any Capital Expenditure the cost of which is to borne by Landlord pursuant to the foregoing provisions of this Section, if Tenant reasonably determines that the cost to complete such Capital Expenditure is likely to exceed $250,000, Tenant shall give Landlord written notice thereof. Within ten (10) days following such notice (or within such shorter time as Tenant may reasonably specify in such notice in the case of a need for immediate work), Landlord shall have the right to advise Tenant in writing of Landlord’s determination, made reasonably and in good faith, that the Capital Expenditure is one that Landlord would not have made to the Building if this Lease were not in effect, by reason of anticipated changes in the use of the Building or the character of the improvements thereto, and Landlord shall not be required to reimburse Tenant for any Capital Expenditure in respect of which such notice is given. In the event that Landlord gives such notice, Tenant may, at its option given at any time thereafter, terminate this Lease by providing thirty (30) days written notice to Landlord. Tenant shall have the right to make such Capital Expenditure,...
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Capital Repairs and Improvements. LAUSD shall be solely and exclusively responsible, at its sole cost and expense, for all repairs (major or minor), capital improvements or replacements and construction at the School Facilities. LAUSD agrees that it shall, and will, allocate capital improvement and replacement funds (including any related to information technology) to the School Facilities without penalty or adverse regard to their status as LMU FOS schools and shall undertake capital replacements, improvements, and repairs to the School Facilities during the term of this Agreement consistent with the District's budgets and plans. Security: LAUSD shall be solely and exclusively responsible, at its sole cost and expense, for the safety of all those using the School Facilities and for providing security for the School Facilities in the same manner and to the same extent it provides security to other LAUSD schools of similar size, grade levels and location. Transportation and Food: LAUSD shall be solely and exclusively responsible, at its sole cost and expense, for providing all transportation and food services for the LMU FOS schools. LAUSD agrees that the transportation and food services provided to students at the LMU FOS schools shall be comparable to that provided to other LAUSD schools and their students. LAUSD shall provide transportation and food services for the LMU FOS schools for their complete school years. Budgets: LMU shall provide LAUSD with an annual projected budget, in reasonable detail, in support of LMU’s efforts under this MOU at the LMU FOS schools. LAUSD will provide, in accordance with its budgetary policies and goals, the funds necessary to properly, efficiently and safely operate the LMU FOS schools. LAUSD agrees that in preparing, establishing and authorizing budgets for the LMU FOS schools it shall do so without penalty or adverse regard for their status as LMU FOS schools. Personnel Responsibilities: All LAUSD employees working at the LMU FOS schools shall be and remain employees of LAUSD. All LMU employees working at LMU FOS shall be and remain LMU employees. All LMU employees working at LMU FOS schools who may have contact with LAUSD students shall be fingerprinted and certified in compliance with California Education Code §45125. Representations of the District.
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Related to Capital Repairs and Improvements

  • REPAIRS AND IMPROVEMENTS 14.1 Prior to registration of transfer, the Purchaser shall not be entitled to effect any alterations to the Property without the prior written consent of the Seller. 14.2 The Seller shall not be obliged to compensate the Purchaser for any authorised alteration effected in the event of the sale being cancelled. 14.3 The Purchaser shall be liable for any damages suffered by the Seller as a result of any alterations effected by the Purchaser, not authorised by the Seller.

  • ALTERATIONS AND IMPROVEMENTS Tenant shall make no alterations to the buildings or improvements on the Premises or construct any building or make any other improvements on the Premises without the prior written consent of Landlord. Any and all alterations, changes, and/or improvements built, constructed or placed on the Premises by Tenant shall, unless otherwise provided by written agreement between Landlord and Tenant, be and become the property of Landlord and remain on the Premises at the expiration or earlier termination of this Agreement.

  • Alterations, Additions, and Improvements Tenant shall not make any alterations, additions or improvements which affect the structure of the Building or which decrease the square footage of the Building or which reduce the value of the Premises, in each case without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the above, and provided Tenant complies with all Legal Requirements in connection therewith, Tenant shall have the right at all times to make all other alterations, additions or improvements to the Building without Landlord’s prior written approval. Tenant shall not be required to restore any alterations or additions permitted under this paragraph to the Premises or remove improvements at the end of the Term. All alterations, additions and improvements permitted under this paragraph or consented to in writing by Landlord are referred to as “Permitted Alterations”. All alterations, additions or improvements made by Tenant which are permanently attached to and made part of the Premises shall become the property of Landlord at the expiration of the Term, except for signs, trade fixtures, furnishings, machinery and equipment used in or on the Premises and furnished by Tenant which Tenant may remove, provided Tenant repairs any damage to the Premises caused thereby (reasonable and ordinary wear and tear excepted). For federal income tax purposes, Tenant’s signs, trade fixtures and furnishings are defined herein as equipment. Tenant shall pay, when due, all claims for labor or materials furnished or alleged to have been furnished to or for Tenant for use in the Premises, which claims are or may be secured by any mechanics’ or materialmen’s lien against the Premises or any interest therein.

  • Landlord Improvements Landlord will construct a laboratory build-out for the Premises ("Landlord Improvements") pursuant to plans submitted by Landlord to Tenant and reasonably approved by Tenant ("Plans"), which shall be consistent with the floor plan attached hereto as Exhibit "C." The Plans generally shall provide for the Landlord Improvements to be constructed in order to accommodate generally accepted generic biotechnical laboratory uses, except as Landlord may otherwise agree. Unless otherwise determined by Landlord, the Tenant Improvements shall include the construction of an energy efficient electronically controlled central HV/AC plant. Within five (5) days after the Effective Date, Tenant shall provide to Landlord for Landlord's review and approval the following: (i) a proposed detailed list of equipment for the Premises, with the make, model, and specifications, and (ii) a detailed chemical inventory, with all codes and classifications. Tenant shall provide to Landlord such other information as Landlord may reasonably request for construction of the Landlord Improvements within five (5) days after written request therefor. Tenant shall provide written notice of its disapproval of the Plans within five (5) days after the Plans have been submitted detailing its precise reasons for disapproval. The failure of Tenant to disapprove the Plans in writing within a five (5) day period shall be conclusively deemed Tenant's approval of the Plans. Landlord shall have its architect revise the Plans to remedy any reasonable objections of Tenant, and Tenant shall have an additional five (5) day period to review the revised Plans to reasonably determine if such objections were satisfied; provided, however, Tenant shall make no new objections to the Plans. If there are any reasonable objections not addressed by revised Plans, the review procedure shall be repeated until all Tenant's objections are reasonably satisfied. If Tenant has not fully approved the Plans within sixty (60) days after the date such plans were first submitted to Tenant hereunder, Landlord at its sole election may terminate this Lease. Tenant shall timely sign and submit to Landlord a Certificate of Approval of Tenant Improvement Plans in the form as shown in Exhibit "F" attached to this Lease and incorporated herein by this reference ("Certificate"). In the case where Tenant is deemed to have approved the Plans on account of Tenant's failure to timely respond following the delivery of the Plans, such approval shall be deemed to have been given in accordance with the terms of the Certificate. Tenant acknowledges that Landlord may reasonably change the Plans as required by Applicable Law or unforeseen circumstances.