Common use of SCHEDULE OF CAPITAL IMPROVEMENTS Clause in Contracts

SCHEDULE OF CAPITAL IMPROVEMENTS. Attached hereto as Exhibit D is a schedule of capital improvements to the Exclusive Leased Premises (the "Capital Improvements Schedule") to be made by Tenant, at Tenant's cost and expense, following completion of the ▇▇▇▇▇▇▇▇ Stadium Expansion and Renovation Plan and subject to (i) Landlord's payment to Tenant of the RMMO Fee pursuant to the Management Contract, (ii) deposit by Landlord of the ▇▇▇▇▇▇▇▇ Stadium RMMO Fund Monies (as hereinafter defined) pursuant to the terms of Section 14 hereof, and (iii) the availability of ▇▇▇▇▇▇▇▇ Stadium RMMO Fund Monies (as hereinafter defined). Tenant shall have the right to modify the attached Capital Improvements Schedule provided that the purpose of the modifications is to maintain the Exclusive Leased Premises in a first class condition consistent with other Major League Ballparks, with material modifications to such schedule to be subject to the prior approval of Landlord, such approval not to be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Sources: Lease Amendment

SCHEDULE OF CAPITAL IMPROVEMENTS. Attached hereto as Exhibit D is a schedule of capital improvements to the Exclusive Leased Premises (the "Capital Improvements Schedule") to be made by Tenant, at Tenant's ’s cost and expense, following completion of the ▇▇▇▇▇▇▇▇ Stadium Expansion and Renovation Plan and subject to (i) Landlord's ’s payment to Tenant of the RMMO Fee pursuant to the Management Contract, (ii) deposit by Landlord of the ▇▇▇▇▇▇▇▇ Stadium RMMO Fund Monies (as hereinafter defined) pursuant to the terms of Section 14 hereof, and (iii) the availability of ▇▇▇▇▇▇▇▇ Stadium RMMO Fund Monies (as hereinafter defined). Tenant shall have the right to modify the attached Capital Improvements Schedule provided that the purpose of the modifications is to maintain the Exclusive Leased Premises in a first class condition consistent with other Major League Ballparks, with material modifications to such schedule to be subject to the prior approval of Landlord, such approval not to be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Sources: Lease Amendment