Common use of Approved Space Plan Clause in Contracts

Approved Space Plan. Within five (5) days following the Effective Date, Landlord and Tenant will agree upon, and approve, a final design and space plan for the Premises (“Approved Space Plan”) using Landlord’s designated interior architect, Phoenix Design One, Inc. (“Architect”). Landlord and Tenant agree to meet, discuss and cooperate in good faith to achieve the Approved Space Plan. The Approved Space Plan will set forth Tenant’s final design and space planning requirements for the Premises in sufficient detail to permit Landlord to prepare the Final Tenant Improvement Plans (as defined below) and bid the Tenant Improvement Work. The Approved Space Plan will be part of the Tenant Improvement Work and all third-party costs associated with the preparation of the Approved Space Plan and approved by Tenant will be deducted from the TI Allowance.