Unit Improvements definition
Examples of Unit Improvements in a sentence
Unit Improvements must be of a type permitted to be leased under the Lease, as set forth in Exhibit A to the Lease.
Inspections and approvals of any Unit Plans, Unit Premises, Unit Improvements, Unit FF&E, and Unit and the workmanship and materials used therein impose no responsibility or liability of any nature whatsoever on Owner, and no Person shall, under any circumstances, be entitled to rely upon such inspections and approvals by Owner for any reason.
Agent agrees to effect Substantial Completion of any Unit Improvements on or before the applicable Unit Completion Date.
Owner desires to appoint Agent to act as agent for Owner in connection with the selection of Owner's fee and/or leasehold interests in Unit Premises from time to time, and with the construction of Unit Improvements and the installation of Unit FF&E thereon, if any, and in connection with all matters related to such construction, and Agent wishes to accept such appointment.
Agent covenants that it will not use, carry on construction with respect to, or occupy any Unit or permit the use, construction, or occupancy of any Unit Premises, Unit Improvements, Unit FF&E or Unit at a time when the insurance required by paragraph (a) of this subsection is not in force with respect to such Unit Premises, Unit Improvements, Unit FF&E or Unit.
Connection has been made to all appropriate utility facilities and the Unit Improvements are ready for occupancy and operation.
If the construction of the Unit Improvements, or any part thereof, deviates from the Unit Plans and results in a material diminution in the value of any Unit Premises, Unit Improvements, Unit FF&E or Unit or there shall be any structural defect in any Unit Improvement and Agent fails to correct such nonconforming work or structural defect in a reasonably prompt and satisfactory fashion after notice and demand by Owner.
All Unit Premises and Unit Improvements included in the Ammonia Project shall be included on one (1) AFL Unit Leasing Record.
Agent shall use every commercially reasonable precaution to prevent loss or damage to any Unit Premises, Unit Improvements, Unit FF&E, or any Unit and to prevent injury to third Persons or property of third Persons.
With respect to any Unit Premises, Unit Improvements, Unit FF&E or Unit, Agent shall make all required reports to the appropriate taxing authorities and Owner shall capitalize and include as an element of Unit Acquisition Cost of a Unit during the term of this Agreement the taxes that Agent would be required to pay if such Unit Premises, Unit Improvements or Unit was a Parcel of Property under paragraph (c) of Section 9 of the Lease.