Common use of Additional Improvement Allowance Clause in Contracts

Additional Improvement Allowance. In addition to the Tenant Improvement Allowance set forth in Section 2.1, above, Tenant shall be entitled to a one-time additional allowance, which may be requested periodically by Tenant for Tenant Improvements performed by Tenant from time to time prior to the second (2nd) anniversary of the full execution and delivery of this Lease, of up to $20.00 per RSF of the Premises (i.e., up to $838,320.00) (the “Additional Improvement Allowance”) to be used for the costs relating to the initial design and construction of the Tenant Improvements; provided, however, the Additional Improvement Allowance shall not be used for costs relating to moving or relocation expenses, data/cabling, Tenant Signage or any personal property,

Appears in 2 contracts

Sources: Lease (Relypsa Inc), Lease Agreement (Relypsa Inc)