Additional Improvements definition

Additional Improvements shall have the meaning set forth in Section 8.1(a). “Additional Work” shall have the meaning set forth in Section 8.1(a).

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Additional Improvements is defined in Section 4.1.

Additional Improvements shall have the meaning ascribed to such term in Section 4.1.

Examples of Additional Improvements in a sentence

The Construction Plans shall provide for the construction of the Minimum Improvements or the Additional Improvements, as applicable, and shall be in conformity with this Agreement and all applicable State and local laws and regulations.
The construction of the Minimum Improvements and the Additional Improvements, respectively, will be considered substantially complete on the date when (i) the Minimum Improvements or the Additional Improvements, as applicable, are sufficiently complete for the Developer to lease as a Qualified Facility, and (ii) the Developer has received a certificate of occupancy issued by the City for the Minimum Improvements or the Additional Improvements, as applicable.
Before commencing construction of the Minimum Improvements, the Developer shall submit to the Authority Construction Plans for the Minimum Improvements and before commencing construction of the Additional Improvements, Developer shall submit to the Authority Construction Plans for the Additional Improvements.
No approval by the Authority shall relieve the Developer of the obligation to comply with the terms of this Agreement, applicable federal, state and local laws, ordinances, rules and regulations, or to construct the Minimum Improvements or the Additional Improvements in accordance therewith.
Said approval shall constitute a conclusive determination that the Construction Plans (and the Minimum Improvements or the Additional Improvements to be constructed in accordance with said plans) comply to the Authority’s satisfaction with the provisions of this Agreement relating thereto but any approvals by the Authority hereunder will not constitute approval by any City officials regarding any City requirement related to construction of the Improvements.

More Definitions of Additional Improvements

Additional Improvements has the meaning given such term in the Lease and Access Agreements.

Additional Improvements. PILOT shall have the meaning set forth in Section Additional Rent shall have the meaning set forth in Section 4.3(b). Adjusted PILOT Amount shall mean, with respect to the determination of PILOT for any semi-annual period with respect to Land, Existing Improvements, Project Improvements or Additional Improvements, as applicable, an amount equal to the Full PILOT Amount for such semi-annual period applicable to Land, Existing Improvements, Project Improvements or Additional Improvements, respectively, as adjusted by (y) any Qualified As-of- Right Benefit applicable thereto, and (z) any reduction in such Qualified As-of-Right Benefit over the prescribed term of such benefit. Affiliate means, with respect to a given Person, any other Person that directly or indirectly through one or more intermediaries Controls, is Controlled by, or is under common Control with such given Person. Agency shall mean the New York City Industrial Development Agency, a corporate governmental agency constituting a body corporate and politic and a public benefit corporation of the State, duly organized and existing under the laws of the State, and any body, board, authority, agency or other governmental agency or instrumentality which shall hereafter succeed to the powers, duties, obligations and functions thereof. Agency Act shall mean Chapter 1082 of the 1974 Laws of New York, as Agency-Owner Agreement shall mean the Agency-Owner Agreement, dated as Agent shall have the meaning set forth in Section 5.2(c). Agreement shall mean this Agency Lease Agreement, dated as of the date set forth in the first paragraph hereof, between the Agency and the Lessee, and shall include any and all amendments hereof and supplements hereto hereafter made in conformity herewith. Annual Administrative Fee shall mean that annual administrative fee established from time to time by the Agency’s Board of Directors as generally applicable to Entities receiving or that have received Financial Assistance (subject to such exceptions from such general applicability as may be established by the Agency’s Board of Directors). Application Date shall mean the date on which the Inducement Resolution was adopted with respect to the Lessee’s application for Financial Assistance. Approved Facility shall mean the Facility as occupied, used and operated by the Lessee substantially for the Approved Project Operations. Approved Project Operations shall mean operation of the Facility Realty by the Lessee or an Affiliate of t...

Additional Improvements shall have the meaning ascribed to such term in Article IV.

Additional Improvements shall have the meaning given to that term in paragraph (a) of Article 12 hereof.

Additional Improvements has the meaning set forth in Section 15.2.1.

Additional Improvements shall be amended by adding the words "prior to Closing or" after the words "entered into" in the fourth line.

Additional Improvements shall have the meaning set forth in Section 6(a)(i).

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