Real Property Improvements definition
Examples of Real Property Improvements in a sentence
Upon the request of any party hereto, whether made before or after the Closing, the parties hereto will allocate the Exchange Value to the Real Property, Improvements, Personal Property, Other Assets and the Intangibles.
All improvements to the Real Property ("Improvements") and all machinery, equipment and other tangible property owned or used by or leased to the Company are in good operating condition and in good repair and are fit for the particular purposes for which they are used by the Company, subject only to ordinary wear and tear.
All improvements to the Real Property ("Improvements") and all machinery, equipment and other tangible property owned or used by or leased to the Companies are fit for the particular purposes for which they are used by the Companies.
Tenant hereby covenants and agrees not to grant a security interest to any party other than Landlord in any Real Property Improvements made or added to the Leased Premises by Tenant, except that Tenant may grant a security interest in Tenant's inventory, equipment, movable furniture, wall decorations and trade fixtures or any of the Contributed Assets, provided that in no event shall Tenant be entitled to cause a lien, mortgage or other encumbrance to be placed on the Property.
Landlord shall have no obligations to reimburse Tenant for all or any portion of the cost or value of any such Real Property Improvements so surrendered to Landlord.