Allowance Sample Clauses
An Allowance clause defines a specific sum of money set aside within a contract to cover certain anticipated costs or items that are not fully detailed at the time of agreement. Typically, this clause applies to construction or service contracts, where allowances might be used for materials, fixtures, or other components whose exact specifications or quantities are yet to be determined. By including an Allowance clause, the parties ensure that there is a budgeted amount for these uncertain elements, reducing the risk of disputes and facilitating smoother project execution when actual costs are finalized.
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Allowance. The Allowance may be used only for the hard costs and Eligible Soft Costs (as hereinafter defined) of construction of Tenant’s Work pursuant to the approved plans and specifications. “Eligible Soft Costs” shall be deemed to be costs and expenses incurred by Tenant which are directly and primarily related to Tenant’s Work and which relate solely to the work of any architect, space planner, engineer, or similar construction professional or which are direct payments made to applicable authorities for permitting and license fees; provided, however, that in no event shall the Eligible Soft Costs exceed fifteen percent (15%) of the total Allowance or be used for services provided in connection with the negotiation of the Lease. For the avoidance of doubt, Eligible Soft Costs shall expressly exclude any financing costs, attorneys’ fees, or other costs and expenses not expressly permitted hereunder. In no event will the Allowance be used to pay for moving or storage expenses or furniture, racking, equipment, cabling, telephone systems or any other item of personal property which is not intended to be permanently affixed to the Remaining Premises and Suite 4200 Expansion Premises. Payment of the Allowance shall be made by Landlord to Tenant within thirty (30) days following the last to occur of: (i) completion of Tenant’s Work, (ii) Landlord’s receipt of Tenant’s invoice substantiating the costs related thereto, (iii) Landlord’s receipt of final lien waivers from all contractors and subcontractors who performed Tenant’s Work, and (iv) Landlord’s receipt of a copy of the final permit approved by the applicable governing authority for any work which requires the same. Landlord shall be under no obligation to pay for any of Tenant’s Work in excess of the Allowance. Further, the Allowance shall only be available for Tenant’s use for work performed and submitted to Landlord for reimbursement in accordance with the terms of this subsection (d) on or before December 31, 2017 at which time Tenant hereby waives any and all rights to any unused portion of the Allowance.
Allowance. An amount included in the Bid for Work that may or may not be included in the Project, or for portions of Work where the amount or scope of the Work cannot be ascertained at the time of Bid submissions.
Allowance. Allowance means a Cash Allowance or Provisional Allowance, as applicable.
Allowance a) The employer may agree to pay an allowance to an individual employee.
b) The criteria for consideration of an allowance will be determined by the employer and may include: • Demonstration and applicability of qualifications, experience and expertise; and/or • Acceptance of additional responsibilities.
c) The allowance shall be prescribed in the format prescribed in Schedule 3.
Allowance. (a) Landlord agrees to provide an allowance of up to $80,000, to install, supply and otherwise to construct the Tenant Improvements in the Premises that will become a part of the Building (the "Tenant Improvement Allowance"). Tenant is fully responsible for the payment of all costs in connection with the Tenant Improvements in excess of the Tenant Improvement Allowance for additional costs incurred in the upfit that are approved by Tenant in writing. The Tenant Improvement Allowance may not be used by Tenant as an offset against any rent payments due hereunder.
(b) Tenant agrees to pay to Landlord, within thirty (30) days of receipt of an invoice, all costs and expenses in excess of the Tenant Improvement Allowance incurred in connection with the Tenant Improvements to the extent the costs and expenses are approved by Tenant in writing. Tenant will be billed for such costs and expenses as follows and will pay said costs and expenses within thirty (30) days of invoice: (i) fifty percent (50%) of such costs and expenses shall be due and payable within 30 days of receipt of an invoice after Tenant's approval of the cost estimates for the Tenant Improvements; (ii) forty-five percent (45%) of such costs and expenses shall be due and payable within 30 days of receipt of an invoice after such work is substantially completed and the Premises are ready for delivery to Tenant; (iii) five percent (5%) of such costs and expenses shall be due and payable within 30 days of receipt of an invoice after final completion of all punch list items. Failure of Tenant to remit any payment required by this subsection (b) shall be a default hereunder and shall be treated hereunder in the same manner as a default of Tenant in paying Base Rent hereunder.
(c) Unless otherwise specified in the Plans, materials used by Tenant in its upfit at the Building shall be customary for this type of upfit and Building and readily available in the market where the Building is located, all as reasonably determined by Landlord.
(d) The Final Plans are included on Exhibit B.
(e) Should Tenant default under this Exhibit, Landlord shall have the right to cease all work under this Exhibit until such time as Tenant shall cure any such default and any delay in Tenant commencing and completing any such cure shall be a delay by Tenant under this Exhibit.
Allowance. Class B1-f Claims shall be Allowed in full.
Allowance. The allowance is based on the Health Benefit party codes in a health plan administered or approved by CalPERS. To be eligible for this contribution, an employee must positively enroll in a health plan administered or approved by CalPERS.
Allowance. Regular employees shall be granted on July 1st of each year, leaves of absence with pay for an employee’s personal medically related disability. First year employees shall accrue medically related disability leave at a rate of one-and-one quarter days per month. At the completion of one year, fifteen (15) days per year thereafter shall be granted on July 1st of each year to each employee. Three days of accumulated medical related disability leave may be used for illness of immediate family member (See Article XIII, Sec. D-1).
Allowance. No additional amounts are payable by way of allowances under this Agreement.
Allowance is the amount a provider has agreed to accept for a covered health care service. Our allowance for a covered health care service may include payment for other related services. See How Your Covered Health Care Services Are Paid and the Summary of Benefits for services subject to copayments, deductibles (if any), and maximum benefits. For information about how we pay for health care services outside of our service area, please see Coverage for Services Provided Outside of the Service Area (BlueCard) section. When you receive covered health care services from a network provider, the provider has agreed to accept our allowance as payment in full. You will be responsible to pay your copayments, deductibles, and the difference between the maximum benefit and our allowance, if any. When you receive covered health care services from a non-network provider, you will be responsible for the provider’s charge. Our reimbursement will be based on the lesser of our allowance, the non-network provider’s charge, or the maximum benefit, less any copayments and deductibles, if any.