Project Improvements definition
Examples of Project Improvements in a sentence
Tenant shall not use, occupy or permit any of the Premises to be used or occupied, nor do or permit anything to be done in or on any of the Premises, in a manner which would (i) make void or voidable any insurance which Tenant is required hereunder to maintain then in force with respect to any of the Premises, (ii) affect the ability of Tenant to obtain any insurance which Tenant is required to furnish hereunder, or (iii) cause any injury or damage to any of Tenant's Mixed Use Project Improvements.
Notwithstanding anything to the contrary in this Lease, all of Tenant's Mixed Use Project Improvements and all furniture, fixtures and equipment located in, on or at the Premises or otherwise constituting part of the Premises shall during the Term of this Lease be owned by and belong to Tenant.
At any time during the Term, Tenant, at its sole expense, may make interior, exterior and structural alterations, additions, modifications including demolition of any portion of Tenant's Mixed Use Project Improvements, subject to receipt by Tenant of all necessary permits and approvals.
Nothing contained in this Lease shall be or ever will be construed as a subordination of Landlord’s fee interest in the Premises or its reversionary interest in Tenant's Mixed Use Project Improvements to any Leasehold Mortgage.
After the Delivery Date and for the remainder of Term of this Lease, Tenant shall comply with and cause the Premises and the Tenant's Mixed Use Project Improvements to be in material compliance with: (i) all Legal Requirements applicable to the Premises or the uses conducted on the Premises, and (ii) the terms of any easements, covenants, conditions and restrictions affecting the Premises which are Permitted Encumbrances or are created after the Effective Date of this Lease with Tenant’s written approval.