Removable Modification definition
Examples of Removable Modification in a sentence
Any Removable Modification shall not become subject to this Head Lease unless the Owner Lessor shall have leased such Removable Modification in accordance with Section 5.2 of the Facility Lease.
During such twelve- (12-) month period, the Facility Lessee shall not, except as otherwise required to make any Required Modification, be permitted to remove any Removable Modification.
The Lessee shall (at the Lessee's cost and expense) repair any damage to the Project caused by the removal by the Lessee of any Removable Modification including those with respect to the Expansion Project.
If the Owner Lessor determines not to purchase any Removable Modification (which may include the Expansion Project) the Lessee, at its expense, shall remove such Removable Modification from the Project Site no later than the expiration or termination date of the Project Lease without damaging or otherwise adversely affecting the Project.
Any Removable Modification to the Project including those with respect to the Expansion Project which are not removed by the Lessee at or prior to the expiration or early termination of the Project Lease shall become subject to the Head Lease (at no cost to the Owner Lessor).
The Facility Lessee shall (at the Facility Lessee's cost and expense) repair any damage to the Facility or such Unit caused by the removal by the Facility Lessee of any Removable Modification (whether such removal was prior to or within the twenty- four (24-) or eighteen- (18-) month period following the return of the Facility or such Unit).
During such six (6) month period, the Lessee shall not, except as otherwise required to make any Required Modification, be permitted to remove any Removable Modification.
No interest in any Removable Modification shall become subject to this Head Lease unless the Owner Lessor shall have leased such Removable Modification in accordance with Section 5.2 of the Facility Lease.
The Lessee shall (at the Lessee's sole cost and expense) repair any damage to the Facility caused by the removal by the Lessee of any Removable Modification.
Following such six (6) month period, the Lessee may, at the Lessee's sole cost and expense, remove any Removable Modification that the Owner Lessor has not elected to purchase.