Limitations on Improvements Sample Clauses

The "Limitations on Improvements" clause restricts a party's ability to make changes, enhancements, or modifications to certain property, products, or intellectual assets covered by the agreement. Typically, this clause specifies what types of improvements are prohibited or require prior approval, and may outline exceptions or procedures for requesting permission to make changes. Its core practical function is to protect the original owner's interests by preventing unauthorized alterations that could affect value, functionality, or intellectual property rights.
Limitations on Improvements. 19 6.10 Certain Improvements Exempt from Application..................21 6.11 Disclosure and Waiver of Conflict of Interest.................21
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Limitations on Improvements. All limitations contained in this Declaration supplement the controls established by applicable zoning, land use-related entitlements and approvals granted for development of the Center and applicable building, fire and other governmental ordinances, codes, rules and regulations; and of the foregoing, the more restrictive shall apply. Each Owner and Occupant is responsible for identifying and conforming with all Laws.
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Limitations on Improvements. Permit more than 10% of Total Assets less the aggregate outstanding amount of loans permitted under Section 10.4(e) at such time to be utilized at any one time for the construction of improvements to golf course properties.
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Limitations on Improvements. Hurt is under no obligation to landscape, repair, or improve Hurt property for this joint sale. D Further encumbrances. Hurt will not grant and deeds of trust, liens, easements, licenses, or other encumbrances on the property which would impair ability to sell the property. E Hazardous substances. Hurt takes all responsibility for the condition of their property and acknowledges that the City is not responsible for any existing or preexisting condition on Hurt Property. Hurt agrees to indemnify and hold harmless the City for any and all conditions associated with the Hurt Property now or discovered in the future.
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Limitations on Improvements. 63 SECTION 10.12
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Limitations on Improvements. Section 10.11 is hereby amended by deleting the same in its entirety and inserting in lieu thereof the following:
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Limitations on Improvements. Permit more than 5% of Total Assets, LESS the sum of the Working Capital Loans Commitment and the Capital Improvement Loans Commitment, to be utilized at any one time for the construction of improvements to golf course properties, provided that compliance by the Credit Parties with this Section 10.11 and with the limitation on Capital Improvement Loans set forth in Section 10.4(e) shall be determined without regard for funds used to construct the renovations and improvements to the Sandpiper Golf Course.
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Limitations on Improvements. After notice to Holder, Owner may construct or place a limited number of small improvements on the Property, including, by way of example and not of limitation, picnic tables and benches, and a gazebo, so long as the total impervious ground cover of such improvements is not greater than 1,500 square feet.
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Limitations on Improvements 
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Related to Limitations on Improvements

  • Limitations on Use No part of the moneys delivered to the Recipient pursuant to Section II hereof is being or will be used to refinance, retire, redeem, or otherwise pay debt service on all or any part of any part of any governmental obligations regardless of whether the interest on such obligations is or was excluded from gross income for federal income tax purposes unless prior approval by the Director is given.

  • Limitations on Activities Anything else in this Agreement to the contrary notwithstanding, the Advisor shall refrain from taking any action which, in its sole judgment made in good faith, would (a) adversely affect the status of the Corporation as a REIT, (b) subject the Corporation to regulation under the Investment Corporation Act of 1940, as amended, or (c) violate any law, rule, regulation or statement of policy of any governmental body or agency having jurisdiction over the Corporation, its Shares or its Securities, or otherwise not be permitted by the Charter or Bylaws of the Corporation, except if such action shall be ordered by the Board of Directors, in which case the Advisor shall notify promptly the Board of Directors of the Advisor’s judgment of the potential impact of such action and shall refrain from taking such action until it receives further clarification or instructions from the Board of Directors. In such event the Advisor shall have no liability for acting in accordance with the specific instructions of the Board of Directors so given. Notwithstanding the foregoing, the Advisor, its members, managers, directors, officers, employees and stockholders, and members, managers, stockholders, directors and officers of the Advisor’s Affiliates, shall not be liable to the Corporation or to the Board of Directors or stockholders for any act or omission by the Advisor, its members, managers, directors, officers or employees, or stockholders, members, managers, directors or officers of the Advisor’s Affiliates taken or omitted to be taken in the performance of their duties under this Agreement except as provided in Paragraph 19 of this Agreement.

  • Limitations on Interest It is expressly the intent of Landlord and Tenant at all times to comply with applicable law governing the maximum rate or amount of any interest payable on or in connection with this Lease. If applicable law is ever judicially interpreted so as to render usurious any interest called for under this Lease, or contracted for, charged, taken, reserved, or received with respect to this Lease, then it is Landlord’s and Tenant’s express intent that all excess amounts theretofore collected by Landlord be credited on the applicable obligation (or, if the obligation has been or would thereby be paid in full, refunded to Tenant), and the provisions of this Lease immediately shall be deemed reformed and the amounts thereafter collectible hereunder reduced, without the necessity of the execution of any new document, so as to comply with the applicable law, but so as to permit the recovery of the fullest amount otherwise called for hereunder.

  • Limitations on Rights of Third Parties The provisions of this Agreement are solely for the benefit of the Seller, the Issuer, the Indenture Trustee (for the benefit of the Secured Parties) and the other Persons expressly referred to herein, and such Persons shall have the right to enforce the relevant provisions of this Agreement. Nothing in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in the Recovery Property or under or in respect of this Agreement or any covenants, conditions or provisions contained herein.

  • Limitations on Actions Any action brought under this Contract, except an action for breach of warranty, shall be brought within the shorter of the statutory limitations period and the period of three years from the date of final payment without any tolling of this statutory limitations period for any reason whatsoever.