Initial Capital Improvements definition

Initial Capital Improvements or "ICI" means the improvements to the Plant described in Appendix 2 to be permitted, designed, constructed, installed, started up and tested by the Company in accordance with the ICI Design and C onstruction R equirements.
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Initial Capital Improvements. As defined in Basic Lease Provisions. ---------------------------- Inventory: As defined in the Joint Venture Agreement. ---------
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Initial Capital Improvements means those certain capital improvements to the Leased Prem ises , including the installation of a new roof, the installation of a new ele vator, and other capital improvements necessary to make the Leased Premises compliant with the Americans With Disabilities Act ("ADA"), all as specifically described in the scope of work and cost estimate attached to, and by this reference made a part of, this Lease Agreement as Exhibit C. Tenant shall be responsible for, and shall pay, all expenses necessary for the completion of the Initial Capital Improvements.
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Examples of Initial Capital Improvements in a sentence

  • Lessee is applying for federal historic rehabilitation tax credits under Internal Revenue Code Section 47 as part of its financing for the Initial Capital Improvements.

  • Except to the extent of any credit to Base Rent received by Redeveloper, the entire cost of constructing the Initial Capital Improvements shall be borne by Redeveloper.

  • If Tenant desires ---------------------- either to eliminate any projects included in the Initial Capital Improvements or to add new projects to the Initial Capital Improvements, Landlord's prior written approval shall be required, which approval shall not be unreasonably withheld provided that such change will not cause the Budget to exceed the total amount set forth in Exhibit L attached hereto.

  • The Scheduled ICI Acceptance Date for any affected ICI Design/Build Work shall be extended on a day-for-day basis equal to the num ber of days in duration of any applicable dispute resolution process and, in the event any such delay involves the nitrogen removal portion of the Initial Capital Improvements, any additional time that m ay be required to allow performan ce of the ICI Acceptance Test within the required ICI Acceptance Test period of June 1 through October 31 in any Con tract Year.

  • Architects and engineers engaged by the Company for the Initial Capital Improvements design services shall be experienced and qualified to perform such services and shall be licensed in the State.

  • The Initial Capital Improvements and the Deferred Capital Improvements shall be referred to collectively herein as the "Capital Improvements." The cost of the Initial Capital Improvements, up to a maximum cost of $2,145,400.00, shall be paid by Tenant ("Tenant's Share of Initial Capital Improvements Costs"); any Initial Capital Improvements costs in excess of$2,145,400.00 shall be paid by Landlord without reimbursement by Tenant.

  • Tenant shall pay Tenant's Share of the Initial Capital Improvements Costs and Tenant's Share of the Deferred Capital Improvements Costs to Landlord on a progress payment basis, within ten (10) business days after Tenant's receipt of an itemized invoice from Landlord indicating the Capital Improvement costs to be paid.

  • The Company shall give the Borough's Contract Representative at least 30 days' prior written notice of the expected date of ICI Substantial Completion for all of the Initial Capital Improvements and of commencement of ICI Start-Up operations of the Initial Capital Improvements in preparation for conducting the applicable ICI Acceptance Test.

  • If Lessee receives any historic rehabilitation tax credit in connection with the Premises, then the total amount of actual and reasonable costs of the Initial Capital Improvements that are eligible to offset Rent will be reduced by an amount equal to seventy-five (75%) of the Rehabilitation Tax Credit Value.

  • The Initial Capital Improvements for odor control at the sludge processing area of the Incineration Facilities shall include: • Replacement of rehabilitation of covers and the scrubber for the sludge holding tanks.


More Definitions of Initial Capital Improvements

Initial Capital Improvements shall have the meaning assigned to such term in Section 3.2 of the Trust Agreement.
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Initial Capital Improvements has the meaning set forth in the Recitals. ----------------------------
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Initial Capital Improvements or "ICI" means the improvem ents to the Incineration Facilities described in Appendix 2 to be perm itted (except for the State air permit to construct the fluidized bed incinerator portion of the Initial Capital Improvements), designed, constructed, installed, started up and tested by the Lessee in accordance with the ICI Design and Construction Requirem ents.
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Initial Capital Improvements means the Capital Improvements undertaken by Operator or its Sublessees, if any, to Build-out a Concession Location prior to its Facility Opening Date.
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Initial Capital Improvements means capital expenditures ---------------------------- with respect to the Property funded in part with the proceeds of this Note.
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Related to Initial Capital Improvements

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Initial Improvements means any construction, modification, rehabilitation, reconstruction, or restoration of the Premises, or installation of Fixtures thereto, that the Lessee is required to make upon commencement of this Lease in accordance with Section 8.

  • Specialty Alterations means Alterations consisting of kitchens, executive bathrooms, raised computer floors, computer installations, vaults, libraries, internal staircases, dumbwaiters, pneumatic tubes, vertical and horizontal transportation systems, and other Alterations of a similar character.