Construction of New Improvements Sample Clauses

The 'Construction of New Improvements' clause defines the rights and obligations of parties regarding the building or installation of new structures or enhancements on a property. It typically outlines the approval process, standards for construction, and responsibilities for costs and compliance with laws or regulations. For example, it may require a tenant to obtain the landlord’s written consent before making significant changes or specify that all improvements must meet local building codes. This clause ensures that any new construction is properly managed, maintains property value, and prevents unauthorized or substandard modifications.
Construction of New Improvements. Lessee shall have the right to construct new improvements on the Leased Premises in accordance with the terms and conditions of this Agreement. Lessee shall not construct any improvements to the Leased Premises without submittal to, and approval of, all plans and specifications by SRA as hereinafter set forth. All plans and specifications for new improvements on the Leased Premises shall be prepared by Lessee in compliance with applicable Governmental Requirements. Lessee shall furnish to SRA copies of permits and licenses needed for construction. A construction application, in a form prepared by Authority, together with plans and specifications, shall be submitted by Lessee to SRA for approval. Thereafter, SRA shall have thirty (30) days after receipt within which to approve the plans and specifications, or to notify Lessee of any objections thereto. Each objection and the ground therefor, shall be stated separately. Lessee shall have a reasonable time thereafter within which to make any revisions to remove SRA’s objections. Upon SRA’s receipt of the final plans and specifications, SRA shall have thirty (30) days within which to approve or reject Lessee’s revised proposal. After SRA’s approval of the final plans and specifications, Lessee may proceed with construction. Construction shall be substantially in accordance with the approved plans and specifications.
Construction of New Improvements. 1.1 If Lessee desires to construct New Improvements on any Parcel in respect of which Lessee intends to seek a Construction Advance upon completion thereof, then prior to commencing construction of such New Improvements Lessee shall notify Agent of its intention to construct such New Improvements and its desire to receive a Construction Advance for the costs thereof upon completion. Such notice shall include (i) a description of the Parcel on which such construction is to occur, (ii) a general description of the work to be performed (which, in the case of New Improvements that are substantially consistent with a "prototype" store or service center previously approved by Agent, may consist merely of an indication that the New Improvements in question are to be of such prototype, and (iii) a good faith (but non-binding) estimate of the amount of the Construction Advance Lessee expects to seek upon completion of construction of the New Improvements. 1.2 Lessee shall enter into such contracts and agreements as it shall deem necessary or appropriate in order to cause completion of the New Improvements on the Parcel in question. Such contracts and agreements shall be in Lessee's name only and the obligations to be performed by Lessee thereunder shall be the sole responsibility of Lessee. 1.3 If requested by Agent, Lessee shall deliver to Agent (i) copies of all contracts and agreements relating to construction of the New Improvements, (ii) the plans and any related specifications, working drawings and construction schedules for the New Improvements (the "Plans"), (iii) all governmental permits and licenses relating to or necessary for completion of the New Improvements, and (iv) any other Documents which Lessor or Agent may reasonably require with respect thereto. Delivery of such materials shall not be a condition precedent to the addition of the Parcel to the Property or the commencement of construction of the New Improvements, but Agent shall have the right to review such materials in connection with its approval of the Construction Advance. Agent's review and approval of such materials shall be from the perspective of permitting it to assure itself that any Construction Advance is made with respect to New Improvements that are constructed in accordance with applicable legal requirements and sound construction and development practices. Agent's approval shall not be based upon cost, value, or market analyses or similar matters (except to the extent that such ...
Construction of New Improvements. Tenant shall have the right, but not the obligation, from time to time and at any time, at its sole cost and risk, subject to the subsequent provisions of this Article 7, to construct, demolish and renovate Improvements located upon the Land. Any Improvements constructed on the Land shall be constructed in accordance with all Applicable Laws.
Construction of New Improvements. Tenant shall have the right, from time to time and at any time, to demolish and remove any improvements or portions of improvements situated upon the Premises, to construct replacement improvements for improvements so removed or to construct, remove and reconstruct new buildings and other improvements on the Premises. Any improvements constructed by Tenant on the Premises shall be subject to the provisions of Section 7.4 below and shall be constructed in accordance with the Construction Standards (defined in Section 7.3). “Improvements” shall mean any buildings, structures, signage or other improvements located at any time upon the Premises.
Construction of New Improvements. 13 (a) Advances; Outstanding Construction Allowance.................................13
Construction of New Improvements. Lifesource will cause Contractor to construct a storm sewer pipe (the “Storm Sewer Pipe”) within the Easement Area.
Construction of New Improvements. All buildings, structures and other improvements to be built or constructed on the Property shall be constructed in accordance with and shall fully comply with all applicable Building Laws and shall be located outside of any 100-year flood plain or will be continuously covered by adequate flood insurance.
Construction of New Improvements. Lessee shall have the right to construct new improvements on the Leased Premises in accordance with the terms and
Construction of New Improvements 

Related to Construction of New Improvements

  • Construction of the Improvements (a) Prior to ▇▇▇▇▇▇’s execution of the construction contract (the “Contract”) with a general contractor to be selected by ▇▇▇▇▇▇ and approved by Landlord (“Contractor”), Tenant shall submit the Contract to Landlord for its approval, which approval shall not be unreasonably withheld, conditioned or delayed. Landlord shall advise Tenant as soon as reasonably practical, and in all events, within ten (10) business days after ▇▇▇▇▇▇▇▇’s receipt of the Contract if the same is unsatisfactory or incomplete in any respect in ▇▇▇▇▇▇▇▇’s commercially reasonable discretion. If Tenant is so advised, Tenant shall promptly revise the Contract in accordance with such review and any such disapproval of Landlord in connection therewith. Prior to the commencement of the construction of the Improvements, and after Tenant has accepted all bids for the Improvements, Tenant shall provide Landlord with a detailed breakdown, by trade, of the final costs to be incurred or which have been incurred in connection with the design and construction of the Improvements to be performed by or at the direction of Contractor, Tenant or the Construction Manager, which costs form a basis for the amount of the Contract and any other architectural, engineering, design, construction or procurement contracts entered into by or on behalf of Tenant for the design, construction or fit-out of any portion of the Improvements (the “Final Costs”). Prior to the commencement of construction of the Improvements, Tenant shall supply Landlord with cash, an irrevocable letter of credit, or such other financial assurance that is satisfactory to the Landlord in an amount (the “Over- Allowance Amount”) equal to the difference between the amount of the Final Costs and the amount of the Tenant Improvement Allowance. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any of the then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. In the event that, after the Final Costs have been delivered by Tenant to Landlord, the costs relating to the design and construction of the Improvements shall change, unless, even with such change, the Final Costs are less than the amount of the Tenant Improvement Allowance, any additional costs necessary to such design and construction in excess of the Final Costs, shall be paid by Tenant to Landlord immediately as an addition to the Over-Allowance Amount or at Landlord’s option, Tenant shall make payments for such additional costs out of its own funds, but Tenant shall continue to provide Landlord with the documents described in Section 3.3 below, for Landlord’s approval, prior to Tenant paying such costs. If the total actual costs relating to the design and construction of the Improvements shall be less than the sum of the Tenant Improvement Allowance and the Over-Allowance Amount, and if the Tenant delivered the Over-Allowance Amount in cash, then the Landlord shall reimburse the Tenant for the amount of such difference, but not more than the Over-Allowance Amount. Notwithstanding anything set forth in this Section 3 to the contrary, construction of the Improvements shall not commence until (a) Landlord has approved the Contract, (b) Tenant has procured and delivered to Landlord a copy of all Permits and Approvals, (c) Tenant has delivered to Landlord the Over-Allowance Amount, and (d) MLB PDL shall have provided written confirmation that the Improvements as shown on the Approved Working Drawings would cause the Ballpark to be in compliance with the PDL Facility Standards; provided that the Ballpark’s compliance with the PDL Facility Standards shall only be confirmed after an official audit has been completed of the Ballpark and the Improvements. (b) The parties agree that, for the purpose of achieving cost savings, except for structural alterations to the Ballpark, Tenant may seek bids for and procure the Improvements listed on Exhibit D directly rather than under the Contract through the Contractor and involving the Architect. (c) ▇▇▇▇▇▇’s Construction Manager, Contractor, and all subcontractors, laborers, materialmen, and suppliers used by Tenant (such subcontractors, laborers, materialmen, and suppliers, and the Contractor and Construction Manager to be known collectively as “Tenant’s Agents”) shall construct the Improvements in strict accordance with the Approved Working Drawings. Tenant shall exercise commercially reasonable efforts to cause the Improvements to be completed prior to the 2026 Baseball Season. The Improvements shall comply in all respects with the following: (i) all applicable building codes, and other state, federal, city or quasi-governmental laws, codes, ordinances and regulations, as each may apply according to the rulings of the controlling public official, agent or other person; (ii) applicable standards of the American Insurance Association (formerly, the National Board of Fire Underwriters) and the National Electrical Code; and

  • Construction of Improvements Lessee shall construct its planned facilities and install therein all necessary fixtures, equipment, and accessories, all of which shall be in accordance with the terms and conditions of this Lease and any applicable city code or FAA requirements. Lessee shall complete construction of the new improvements within one (1) year after the Effective Date of this Lease. Existing improvements shall be deemed to have been appropriately constructed so long as they are well-maintained and meet all applicable city code and FAA requirements. It is expressly understood that upon the expiration of the Lease, all hangar improvements shall become property of Lessor. 8.1 Lessee agrees to reimburse Lessor for the apportioned costs of roadway improvements including, but not limited to: excavation, paving, drainage, and fencing required for all extensions of the access road to the Leased Premises. Lessee shall be responsible for the cost of all extensions, as applicable, of all water, sewer, and other utilities to the Leased Premises, as well as any fees for obtaining service. Lessee shall be responsible for payment at the time improvements are completed. Lessee shall remit payment to Lessor within thirty (30) days from the date of invoice. 8.2 Lessee agrees to construct, at Lessee’s expense, aircraft access improvements, including without limitation driveways, taxi lanes, aprons, and ramps to its planned facility. Construction and location of the access improvements shall comply with specifications set forth by Lessor at the time of plan’s approval. Lessee understands that those portions of the constructed Airport access improvements situated outside the boundaries of the Leased Premises shall become, immediately upon their completion to Lessor’s satisfaction, the property of Lessor. All construction and any connections to the runway of any apron or taxi lane shall in addition be governed by any rules or regulations regarding Airport operations and must be approved of and overseen by Airport management. Constructed facilities shall not be occupied until access is completed and accepted by Lessor. 8.3 Upon completion of improvements, Lessee shall provide an 8 ½” x 11” site plan detailing a scaled drawing of the Leased Premises, hangar foot print, office area, parking, landscaping, and any other improvements. 8.4 The provisions provided above do not relieve Lessee from compliance with all applicable building code requirements and acquiring all necessary licenses and permits from any governmental authority. 8.5 If the aircraft hangar or other improvements on the Leased Premises are damaged or destroyed, Lessee shall do whatever is necessary to repair, rebuild, or restore the structure and other improvements to substantially the same condition existing prior to the damage or destruction within 180 days of the date of destruction. Upon written request from Lessee, Lessor may extend the 180-day timeline to the extent reasonably necessary due to conditions beyond the control of Lessee.

  • Maintenance of Improvements All improvements on the property, including, but not limited to, buildings, trees or other improvements now on the premises, or hereafter made or placed thereon, shall be a part of the security for the performance of this contract and shall not be removed therefrom. Purchaser shall not commit, or suffer any other person to commit, any waste or damage to said premises or the appurtenances and shall keep the premises and all improvements in as good condition as they are now.