Qualifying Improvements definition

Qualifying Improvements means those improvements for energy efficiency, renewable energy, or wind resistance described in the Supplemental Act authorized to be affixed and/or installed by the record owner of an affected property. The term does not include similar improvements underwritten or financed by local, state or federal programs including, but not limited to State Housing Initiatives Partnership or SHIP Program, which are not secured by a special or non-ad valorem assessment.
Qualifying Improvements means, collectively, (a) Core & Shell Improvements, and (b) all tenant improvement construction projects for premises in which a single tenant leases 100,000 rentable square feet or more of space.
Qualifying Improvements means the improvements to real property made by Company which constitute the basis of Company qualifying for grants or refunds pursuant to this Ordinance. No more than fifty percent (50%) of expenditures considered a qualifying improvement may be payments to persons or companies affiliated with or a subsidiary of applicant Company; expenditures made to such affiliated persons or subsidiary companies must be reasonable.

Examples of Qualifying Improvements in a sentence

  • The form of Financing Agreement in each instance shall provide for the transfer of any carbon or similar mitigation credits derived from Qualifying Improvements to the Agency, with such revenues therefrom, if any ever materialize, to be used by the Agency to underwrite generally its operation, mission and purpose.

  • The actions authorized by the Supplemental Act, including the financing of Qualifying Improvements through the execution of Financing Agreements and the related imposition of a Special Assessment, are reasonable and are necessary for the prosperity and welfare of the State, the Subscriber and its property owners and inhabitants.

  • Such documentation may include contracts, bids, estimates, or any other relevant documents pertaining to the actual cost of the Qualifying Improvements.

  • The Developer shall submit to the City Engineer any and all documentation the Developer deems relevant in substantiating the claim for DIF Credit for the DIF Qualifying Improvements to be constructed by the Developer.

  • Such non-ad valorem assessments may only be to fund and finance Qualifying Improvements.

  • In the event that Landlord so delivers a Landlord’s Separate Schedules of Value Notice for a Phase, Tenant shall work diligently with the Contractor to prepare separate Contracts and schedules of value for the IA Qualifying Improvements and the Non IA Qualifying Improvements and shall deliver the same to Landlord promptly following the completion thereof.

  • If Landlord has not constructed Qualifying Improvements in the Expansion Space or leased the Expansion Space to an Interim Tenant, Landlord shall deliver the Expansion Space to Tenant on or about the first day of the 33rd month of the Term.

  • The Legislature has expressly determined that the Agency shall be defined as a local government in the Supplemental Act and is independently authorized by law to impose these types of voluntary assessments for energy efficiency, renewable energy or wind resistant Qualifying Improvements.

  • A private lender may provide financing to a Property Owner to finance Qualifying Improvements, which loan will be non-accelerating and will survive a change of ownership, whether voluntary or involuntary.

  • In addition, at Landlord’s request, Tenant shall consult with Landlord regarding the classification of Improvements as IA Qualifying Improvements or Non IA Qualifying Improvements.


More Definitions of Qualifying Improvements

Qualifying Improvements means the improvements to real property made by Company which constitute the basis of Company qualifying for grants pursuant to this Ordinance. For purposes of calculating the Real Property Grant such improvements shall be funds expended by Company externally for labor or materials to construct, demolish, renovate or add to real property. No more than fifty percent (50%) of expenditures considered a qualifying improvement may be payments to persons or companies affiliated with or a subsidiary of applicant Company; expenditures made to such affiliated persons or subsidiary companies must be reasonable.
Qualifying Improvements means any renovation or retrofitting of qualifying real property to reduce energy consumption or installation of a system for clean energy, as defined in section 16-245n, or customer-side distributed resources, as defined in section 16-1, permanently fixed to such qualifying real property to service qualifying real property, and, (A) improvements to address water conservation, (B) waste reduction, (C) health and safety issues, including, but not limited to, asbestos, mold and lead remediation, and (D) resiliency measures, including, but not limited to, flood-resistant construction and hurricane resistant construction;
Qualifying Improvements means the Required Improvements and the Additional Improvements more particularly described in Exhibit B to this Agreement.

Related to Qualifying Improvements

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • 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.

  • System improvements means capital improvements to public facilities which are designed to provide service to a service area.