Example ContractsClausesDemolition
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Demolition. Promptly after the Phase 1 Expansion Space Delivery Date and during the plan approval process described above, may commence demolition activities in the Phase 1 Expansion Space, including removal and disposal of any fixtures, furniture, and equipment (FF&E) located in the Phase 1 Expansion Space as of the Phase 1 Expansion Space Delivery Date.

Demolition. Promptly after the Delivery Date and during the plan approval process described in [Section 4A] above, may commence demolition activities in the Premises.

Demolition. Landlord shall have the right to terminate this Lease in the event Landlord elects to demolish 75 percent or more of the total floor area in the building containing the Premises. In such event, Landlord shall give Tenant a notice of termination at least 180 days prior to the effective date of such termination and shall pay Tenant, on the termination date, the cost (less depreciation) of Tenant’s fixtures (other than removable trade fixtures) and of leasehold improvements installed in the Premises at Tenant’s expense. For the purposes of this provision, depreciation of Tenant’s fixtures and leasehold improvements shall be calculated on a straight-line basis over the Term of this Lease (exclusive of any permitted extensions of the Term). Upon payment to Tenant of the amount specified in this paragraph and any prepaid Rent or security deposit, Landlord shall be relieved of all further liability to Tenant hereunder and the Lease shall terminate as of the effective date of such termination except for the rights and obligations accrued as of the date of such termination.

Demolition Scope of Work. Subject to reaching mutual agreement on the cost for such work. shall pay for the following demolition work within the Phase 2 Expansion Space to be completed by ’s contractor in accordance with drawings and specifications prepared by ’s design professional: # removal of interior walls, including framing, doors, electrical outlets and switches, wiring, low voltage/data cabling, and plumbing or other utilities located in such interior walls to the extent not being reused by the (electrical, low voltage wiring/data cabling and plumbing serving the base building MEP systems and restrooms shall be left in place); # removal of carpeting, tile and other installed floor coverings to include mastics and/or other adhesives/setting beds; # removal of the acoustical and gypsum ceilings and soffits, including light fixtures and HVAC ductwork diffusers and grilles to the extent not being reused by the ; # the existing restrooms shall be left in place and unmodified; # the existing wall framing and drywall at the exterior walls and restrooms shall be left in place and unmodified; # the existing HVAC roof top units shall be left in place and unmodified; # the existing fire protection sprinkler system shall be left in place and unmodified: # removal of all interior millwork and cabinetry; # the existing fire alarm system shall be left in place and unmodified; and # the interior doors, frames and finish hardware shall be salvaged for reuse by the (collectively, the “ Demolition Work’’).

# Delivery of Phase 2 Demolition Cost Estimate and Completion of the Demolition Work. The section of the Lease entitled “ Delivery of Phase 2 Demolition Cost Estimate and Completion of the Demolition Work” is hereby amended to add the following:

# Delivery of Phase 2 Demolition Plans. On or before . shall deliver to demolition drawings and specifications in accordance with the Demolition Work scope set forth in [Section 4(a)] above and as may be necessary or required to secure a demolition building permit from the City of Eden Prairie for the Phase 2 Expansion Space (“ Phase 2 Demolition Plans”) at ’s cost (not to exceed ). Within ten (10) business days after receipt of the Phase 2 Demolition Plans, will review and approve or disapprove the Phase 2 Demolition Plans in its reasonable discretion. If disapproves the Phase 2 Demolition Plans, it shall state with particularity the reasons for such disapproval. If disapproved, shall revise the Phase 2 Demolition Plans to address ’s concerns and resubmit to for review and approval or disapproval.

“iv. If and reach agreement by , on the cost to be paid by for completion of the Demolition Work by ’s selected contractor, then will deliver the Phase 2 Expansion Space to on , and will cause the demolition scope of work to be completed in substantial compliance with the approved Phase 2 Demolition Plans, and shall pay ’s selected contractor for completion of the Demolition Work, not to exceed the amount agreed to by and between and pursuant to this section.”

the alteration, improvement, demolition or removal of any material portion of the Improvements without the prior written consent of the Agent, other than in accordance with this Agreement and the Leases at the Properties entered into in accordance with the Loan Documents;

Decommissioning means all work required for the abandonment of Joint Property in accordance with good oil field practice and applicable legal obligations, including, where required, plugging of wells, abandonment, disposal, demolition, removal and/or cleanup of facilities, and any necessary site remediation and restoration.

if the Insured Property is or becomes a legal “non-conforming” use, ordinance or law coverage and insurance coverage to compensate for the cost of demolition or rebuilding of the undamaged portion of the Insured Property along with any reduced value and the increased cost of construction in amounts as requested by the Lender;

if any portion of the Property shall be subject to intentional waste, or damaged by an act of gross negligence or willful misconduct of any Party, or if any portion of the Property shall be removed in violation of this Agreement, or except as permitted herein, the alteration, improvement, or demolition of any of the Property without the prior written consent of ;

Phase 2 Expansion Space to (“Phase 2 Expansion Space Delivery Date”), agrees to accept the Phase 2 Expansion Space in its “As-Is” condition and thereafter promptly complete the Phase 2 Expansion Space improvements. In the event that is required to cause the Demolition Work to be performed in accordance with [Section 4(c)(iii)] above. will use commercially reasonable efforts to cause the Phase 2 Expansion Space Delivery Date to occur by no later than (the “Target Phase 2 Expansion Space Delivery Date”), to allow 's build out to begin; provided, however, that if fails to submit to final approved Phase 2 Demolition Plans and a cost estimate in accordance with [Section 4(c)(i)] above on or before , then the Target Phase 2 Expansion Space Delivery Date shall be extended on a day-for-day basis until submits approved Phase 2 Demolition Plans. If shall be unable to give possession to by the Target Phase 2 Expansion Space Delivery Date because a certificate of occupancy or any other required certificate, permit or variance has not been procured, or because demolition activities within the Phase 2 Expansion Space required to be performed by are not completed in the manner set forth in this Third Addendum, or for any other reason not within the reasonable control of , shall not be subject to any liability for the failure to give possession. No such failure to give possession shall in any other respect affect the validity of this Third Addendum or the obligations of hereunder, nor shall the same be construed in any way to extend the Term. Notwithstanding anything to the contrary herein, the Phase 2 Rent Commencement Date for the Phase 2 Expansion Space shall be extended by one day for each day after the Target Phase 2 Expansion Space Delivery Date that the actual Phase 2 Expansion Space Delivery Date fails to occur.

The Building has undergone several rounds of improvement since its original construction in . These improvements included interior demolition and related ACM abatement down to concrete floors and studs according to former facility personnel. However, no documentation regarding the removal of ACMs is available and an asbestos survey has not been performed. Considering the extensive improvements conducted, it’s unlikely that ACMs are present in the building. Nonetheless, due to the lack of abatement documentation, the present of ACMs or PACMs cannot be ruled out.

Until the Closing, Seller shall maintain the Property in its present condition and repair, reasonable wear and tear excepted and continue its efforts to deter any unauthorized occupancy of the buildings currently located on the Real Property pending demolition and removal (“Buildings”). Additionally, between the date of this Contract and the Closing, Seller shall not enter into any agreements affecting the Property, unless same are terminated prior to Closing, without the prior written consent of the Purchaser, which consent will not be unreasonably withheld.

(2) During the lease term, if the lease object is unable to be provided to Party C due to government action, urban construction, demolition and resettlement, public interest and other reasons, Party A and Party B may unilaterally terminate this lease contract, and Party A shall notify Party C to move out in 2 months. In addition to returning the unused rent without interest, Party A and Party B do not need to pay any compensation to Party C. If Party C refuses to move out, Party A has the right to ask Party C to compensate for all economic losses arising therefrom.

Tenant is hereby notified that certain portions of the Building may hereinafter become subject to the jurisdiction of the Landmarks Preservation Commission (“LPC”). In the event thereof, in accordance with Sections 25-305, 25-306, 25-309 and 25-310 of the Administrative Code of the City of New York and the rules set forth in Title 63 of the Rules of the City of New York, any demolition, construction, reconstruction, alteration or minor work as described in such Sections and such rules may not be commenced within certain portions of the Building without the prior written approval of the LPC. Tenant is notified that such demolition, construction, reconstruction, alterations or minor work includes, but is not limited to, # work to the exterior of the Building involving windows, signs, awnings, flagpoles, banners and storefront alterations and # may include interior work to the Building that # requires a permit from the Department of Buildings or # changes, destroys or affects an interior architectural feature of an interior landmark or an exterior architectural feature of an improvement that is a landmark or located on a landmark site or in a historic district. Without limiting the provisions hereof, Tenant shall submit to Landlord for its prior approval (which approval shall be deemed to be granted if the underlying Alteration that is the subject of such required LPC approval is otherwise approved by Landlord in accordance with the provisions of [Article 11]) all applications for Certificates of No Effect, Certificates of Appropriateness or other similar requests (including applications for modifications of Certificates of No Effect, Certificates of Appropriateness or other similar requests previously granted) from the LPC. Tenant shall keep Landlord apprised of all LPC proceedings and shall deliver copies of all notices, approvals and rejections received by Tenant from the LPC. Tenant shall use Landlord’s designated LPC consultant to prosecute all filings with the LPC for Certificates of No Effect, Certificates of Appropriateness or other similar requests provided that the rates charged by such LPC consultant shall competitive with the rates being charged by other such consultants in Manhattan.”

at least those hazards that are commonly insured against under a “Special Causes of Loss” Form policy, as the same shall exist on the date hereof, and together with any increase in the scope of coverage provided under such form after the date hereof; and # providing Law & Ordinance coverage, including coverage for Loss to the Undamaged Portion of the Building, Demolition Costs and Increased Cost of Construction in amounts acceptable to , in the event any of the Improvements constitute legal non-conforming structures. The Full Replacement Cost shall be re-determined from time to time (but not more frequently than once in any twelve (12) calendar months) at the request of by an appraiser or contractor designated and paid by and approved by , or by an engineer or appraiser in the regular employ of the insurer. After the first appraisal, additional appraisals may be based on construction cost indices customarily employed in the trade. No omission on the part of to request any such ascertainment shall relieve of any of its obligations under this Subsection;

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