Common use of Improvement Allowance Clause in Contracts

Improvement Allowance. Tenant shall be entitled to a one-time improvement allowance (the “Improvement Allowance”) in the amount of $11.00 per usable square foot of the Expansion Space for the costs relating to the initial design and construction of Tenant’s improvements which are permanently affixed to the Expansion Space (the “Improvements”). In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Improvement Allowance and in no event shall Tenant be entitled to any credit for any unused portion of the Improvement Allowance not used by Tenant by December 31, 2002.

Appears in 2 contracts

Samples: Lease (Investment Technology Group Inc), Lease (Investment Technology Group Inc)

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Improvement Allowance. Tenant shall be entitled to a one-time improvement allowance (the “Improvement Allowance”) in the amount of $11.00 per usable square foot of the Expansion Space 85,125.00 [BASED ON $25.00 PER USABLE SQUARE FOOT] for the costs relating to the initial design and construction of Tenant’s improvements which are permanently affixed to the Expansion Space Premises (the “Improvements”). In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Improvement Allowance and in no event shall Tenant be entitled to any credit for any unused portion of the Improvement Allowance not used by Tenant by December 31, 20022004.

Appears in 1 contract

Samples: Standard Office Lease (Alliance Bancshares California)

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Improvement Allowance. Tenant shall be entitled to a one-time improvement allowance (the "Improvement Allowance") in the amount of $11.00 per usable square foot of the Expansion Space 16,500.00 for the costs relating to the initial design and construction of Tenant’s 's improvements which are permanently affixed to the Expansion Space (the "Improvements"). In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Improvement Allowance and in no event shall Tenant be entitled to any credit for any unused portion of the Improvement Allowance not used by Tenant by December 31September 30, 20022014.

Appears in 1 contract

Samples: Lease (Surgical Care Affiliates, Inc.)

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