New Improvements Clause Samples

New Improvements. All buildings, fences and improvements of every kind and nature that may be erected or established upon the Real Estate during the term of the Lease by the Tenant shall constitute additional rent and shall inure to the Real Estate, becoming the property of Landlord unless the Landlord has agreed in writing prior to the erection that the Tenant may remove the improvement at the end of the lease.
New Improvements. Lessee shall make or cause to be made all of the New Improvements authorized and required by the Construction Agency Agreement in accordance with the Construction Agency Agreement.
New Improvements. As is required to meet the requirements of any financing for the New Improvements obtained by either the District or MGHC, ownership of the New Improvements during the Term of the New Lease may vest in either the District or MGHC, or in a combination of the District or MGHC, or be transferred from MGHC to the District, either for, or without, payment of consideration. Notwithstanding any provision of the Prior Lease to the contrary, title to all of the New Improvements constructed and funded by MGHC prior to the Lease Commencement Date of the New Lease shall remain with MGHC and shall not vest in the District as of the expiration or termination of the Prior Lease. During the Term of the New Lease, the parties shall cooperate in good faith to structure and/or transfer the ownership of any of the New Improvements in order to meet the requirements of any financing for the New Improvements. Notwithstanding the forgoing, any portion of the New Improvements, the ownership of which vests in the District during the Term of the New Lease, shall immediately upon such vesting become part of the Premises leased to MGHC, and any portion of the New Improvements, the ownership of which is vested in MGHC as of the date of termination or expiration of the New Lease, shall become the property of the District as of such date, without any obligation on the part of the District to reimburse or compensate MGHC for such New Improvements or the costs thereof. The District agrees that if MGHC constructs the new parking structure on the Premises that is part of the New Improvements and MGHC finances such construction and development with MGHC’s own funds or funds borrowed by MGHC, then the District, upon MGHC’s written request therefor, which MGHC may give to the District at any time after completion of the parking structure, shall acquire title to the new parking structure from MGHC by paying MGHC from the District’s GO Bond proceeds the full construction/ development costs therefor, and the parties shall cooperate in good faith to accomplish same in accordance with the legal requirements regarding the use and application of the District’s GO Bond funds. MGHC understands and acknowledges that (a) the District, as the owner of the Property, is obligated to comply with all seismic retrofit/replacement requirements with respect to the Hospital and the Lease Premises under California State law and that the New Improvements are intended to satisfy the District’s obligations with respec...
New Improvements. The City will contribute up to $6 million dollars toward the cost of the New Improvements scope of work (Exhibit B). The Club will contribute $1 million dollars toward the cost of the new Improvements scope of work. If the total cost of the Improvements is less than $7 million, the City and Club will reduce each party’s respective contributions to the Improvements in accordance with their Improvements percentage. If the Cost of the Improvements is greater than $7 million dollars, and IF, Deferred Maintenance savings exist, then the City and Club will jointly contribute to any costs that exceed $7 million in accordance with their improvements percentage until such time as the Deferred Maintenance Savings is exhausted. Club will pay for any costs of Improvements that exceed the Adjusted Improvements Budget, as defined in the agreement. The City will not be required to contribute any funds in excess of $6 Million to the Cost of the Improvements except to the extent of Deferred Maintenance savings. In any event, the City’s total contribution is capped at $12 million dollars for the deferred maintenance and new improvements capital projects. Club intends to perform certain improvements to the ballpark at the same time as the City intends to perform the Deferred Maintenance and New Improvements scope of work. Club intends to purchase and install signage in the outfield area and to procure and install concessions and retail facilities equipment in several areas of the ballpark. Club expects the cost of these items to be between $1 Million and $2 Million dollars. Club will pay for all costs of the Club work. Club will execute its own construction and procurement contract for these items. Club will make a minimum private investment of at least $2 million dollars and upon completion of the Project, Club will provide evidence of its costs and investment as described in the Development Agreement. RND has provided design services pursuant to agreement with the Club. Pursuant to the Development Agreement, the City will execute the attached Architect Contract with RND for project design services in an amount not to exceed $725,580.00. Lend Lease has provided preliminary preconstruction services pursuant to agreement with the Club and proposes to perform required preconstruction and construction management at risk services. Pursuant to the Development Agreement, the City will execute the attached ▇▇▇▇ agreement with Lend Lease for preconstruction and construction services...
New Improvements. Grade (▇▇ ▇▇ AB) pad for 24' x 60' modular (ADA Ramp) Grade (6" ▇▇ ▇▇ AB) parking area New septic field and tank New waterline connection New 2(10' wide gates) and driveway (6" ▇▇ ▇▇ AB) New 5 - strand barbed wire fence New power/telecommunication connection (TBD) Existing gate to be relocated Alternative water source
New Improvements. Any new building, accessory structure, or other improvement constructed or placed upon the Property shall conform to all applicable laws and regulations and are subject to the approval process described in subparagraph c below. No new improvement shall be located within 100 feet of the normal high water line of any lake, pond, or stream, or within 50 feet from the centerline of any roads. Unless prior written approval by Licensor is obtained, the construction of any buildings or other improvements on the Property shall be semi-permanent in nature, i.e., without a dug foundation. All buildings shall be of substantial construction and shall not be permanently faced with tar or roofing paper.
New Improvements. The term “New Improvements” shall mean all buildings and other improvements of whatever nature to the Property, the construction of which is required to properly develop the Property as contemplated in the Plans, and any other improvements the parties determine to erect.
New Improvements. For the first four Calendar Years after a New Improvement is affixed to the land and Placed in Use, the COMPANY shall pay 0% PILOT for said New Improvement.
New Improvements. All improvements performed by Lessee within the Premises shall be done at the sole expense of ▇▇▇▇▇▇. The general contour of the Premises shall not be changed except as indicated in the Trail Plan. No excavation work, or any new, permanent-type improvements or facilities of any nature, other than those indicated in the approved Trail Plan, shall be installed or constructed thereon without prior written consent of ODOT-Rail and Railroad. Notwithstanding the improvements shown in the approved Trail Plan, Lessee shall not construct any improvements within 25 feet laterally of the center line or within 24 feet vertically from the top of the rail or any track, or such greater clearances as may be required by ODOT- Rail or Federal Railroad Administration requirements (the “No-Build Area”), unless such improvement is approved in writing by Railroad and ODOT-Rail. Lessee shall fully pay for all materials joined or affixed to the Premises, shall pay in full all persons who perform labor thereon, and shall not permit or suffer any mechanics, liens or materialmen’s liens of any kind or nature to be enforced against the Premises for any work done or materials furnished thereon at ▇▇▇▇▇▇’s request.
New Improvements. In addition to the Existing Improvements, Tenant shall construct and install, at its sole expense (but subject to application of the Tenant Improvement Allowance provided for in Section 4 below), all improvements, materials, finishes, equipment and installations in the Premises as are mutually agreed upon by Landlord and Tenant and shown in the "Tenant Plans" described in Section 2.1 below (the "Tenant Work"). Unless otherwise provided in the Lease or this Agreement, the Tenant Work shall consist solely of interior, non-structural improvements and shall constitute long term improvements to the Premises which shall not be removed by Tenant.