Building Standard Allowance Sample Clauses

The Building Standard Allowance clause defines the quality and specifications that a landlord must meet when delivering or improving a leased space. Typically, it sets a baseline for materials, finishes, and construction methods, and may include a monetary cap or list of approved items for tenant improvements. This clause ensures that tenants receive a consistent and agreed-upon level of build-out, preventing disputes over what constitutes an acceptable standard and clarifying financial responsibilities for upgrades beyond the allowance.
Building Standard Allowance. Landlord shall provide Tenant at --------------------------- Landlord's own expense, the building standard allowances as set forth in the document attached hereto as Exhibit "A-1". Landlord will complete all tenant improvements in accordance with space plan SP-1. Except as modified by this Agreement, the Lease and all exhibits thereto romain in full force and effect. TENANT: SST-PA Inc. ------------------------ BY: /s/ Steven J. Salvitti Vice President 5/7/98 ---------------------------- ------------------------------- Steven J. Salvitti Title Date B▇: ____________________________ _______________________________ Title Date ____________________________ _______________________________ Attest or Witness for Tenant Title Date LANDLORD: WHITELAND OFFICE PLAZA ---------------------- BY: TOLL MANAGEMENT COMPANY, Its Agent. BY: /s/ Beatrice A. Culp President 6.3.98 ---------------------------- ------------------------------- Beatrice A. Culp Title Date [▇▇▇▇▇▇▇▇▇] [ILLEGIBLE] ---------------------------- ------------------------------- Attest or Witness for Landlord Title Date WHITELAND PLAZA --------------- BUILDING STANDARD ALLOWANCES ---------------------------- 1. Corridor and demising walls: Metal stud --------------------------- partitioning with 1/2" dry wall on each side from floor to underside of deck above. Insulation to be inserted between studs.
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Building Standard Allowance. Landlord shall provide an allowance not to exceed $884,610.00 to be used to construct the Premises (the "Building Standard Allowance") payable upon proof of payment and performance, which Building Standard Allowance shall become a part of the Improvement Allowance (collectively, the "Improvement Allowance"). The Building Standard Allowance shall be used to pay for costs incurred by Tenant constructing the Premises, including, but not limited to, architectural and engineering fees, signage and keying. All proof of payment and performance must be submitted within 60 days after completion of construction. If there are any funds remaining in the Building Standard Fund after April 1, 1998, then Tenant shall lose all rights to any such remaining funds. Landlord agrees to waive all fees associated with Landlord's oversight, management or supervision of the initial Tenant Improvements." 8. Pursuant to Exhibit F, entitled "Additional Space Options", subsection entitled "Expansion Option", the location of the Option Premises is outlined on Schedule 1 attached hereto and by this reference made a part hereof. 9. Exhibit A is deleted and Exhibit A attached hereto shall be inserted in its place and stead. 10. Unless otherwise defined herein, all capitalized terms used in this First Amendment shall have the same definitions ascribed to them in the Lease. 11. Except as modified and amended by this First Amendment, the Lease shall remain in full force and effect.
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Building Standard Allowance. In lieu of a Tenant Improvement Allowance (the Building Standard Allowance) the Landlord will ▇▇▇▇▇ the first 54,144.00 ($6.00 x 9,024 of office area) of sched scheduled rent as described in the lease paragraph 4.1.
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Related to Building Standard Allowance

  • Cleaning Allowance The University will pay for the cleaning of Department issued uniforms and necessary work clothing requiring cleaning worn by employees assigned to non-uniformed positions.

  • Tenant Improvement Allowance Commencing as of January 1, 2011, Tenant shall be entitled to use the “Tenant Improvement Allowance”, as defined in Section 2 of this Amendment, for the costs relating to the design and construction of Tenant’s improvements or which are otherwise “Tenant Improvement Allowance items,” as that term is defined in Section 2.2.1, below (collectively, the “Tenant Improvements”). In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter or otherwise in connection with Tenant’s construction of the Tenant Improvements or any Tenant Improvement Allowance Items, as defined below, in a total amount which exceeds the sum of the Tenant Improvement Allowance. All Tenant Improvements for which the Tenant Improvement Allowance has been made available shall be deemed Landlord’s property under the terms of the Lease; provided, however, Landlord may, by written notice to Tenant given concurrently with Landlord’s approval of the “Final Working Drawings”, as that term is defined in Section 3.3, below, require Tenant, prior to the end of the Lease Term or promptly following any earlier termination of this Lease, at Tenant’s expense, to remove any Tenant Improvements and to repair any damage to the Premises and Building caused by such removal and return the affected portion of the Premises to a Building standard general office condition; provided, however, that Landlord shall not require Tenant to remove upon termination or expiration of this Lease, or condition its approval upon Tenant’s agreement to remove upon termination or expiration of this Lease, any Tenant Improvements constructed pursuant to this Tenant Work Letter (including, without limitation, Larc improvements) which constitute standard, non-extraordinary improvements for ordinary office, laboratory and/or Larc uses in biotech facilities. Any portion of the Tenant Improvement Allowance that is not disbursed or allocated for disbursement by December 31, 2013, shall revert to Landlord and Tenant shall have no further rights with respect thereto.

  • Tenant Improvement Allowance Items Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord only for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): 2.2.1.1 Payment of the fees of the “Architect” and the “Engineers,” as those terms are defined in Section 3.1 of this Tenant Work Letter, the costs of Tenant’s project manager (if any) and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s consultants in connection with the preparation and review of the “Construction Drawings,” as that term is defined in Section 3.1 of this Tenant Work Letter; 2.2.1.2 The payment of plan check, permit and license fees relating to construction of the Tenant Improvements; 2.2.1.3 The cost of construction of the Tenant Improvements, including, without limitation, contractors’ fees and general conditions, testing and inspection costs, costs of utilities, trash removal, parking and hoists, and the costs of after-hours freight elevator usage. 2.2.1.4 The cost of any changes in the Base, Shell and Core work when such changes are required by the Construction Drawings (including if such changes are due to the fact that such work is prepared on an unoccupied basis), such cost to include all direct architectural and/or engineering fees and expenses incurred in connection therewith; 2.2.1.5 The cost of any changes to the Construction Drawings or Tenant Improvements required by applicable laws and building codes (collectively, “Code”); 2.2.1.6 Sales and use taxes; 2.2.1.7 The “Coordination Fee,” as that term is defined in Section 4.2.2.2 of this Tenant Work Letter; and 2.2.1.8 All other costs to be expended by Landlord in connection with the construction of the Tenant Improvements.

  • Improvement Allowance Subject to the terms hereof, Landlord shall grant an allowance to Tenant in an amount not to exceed the aggregate of (a) Six Million Eight Hundred Seventy Thousand Dollars ($6,870,000.00) (the “Basic Improvement Allowance”) to be used solely to reimburse the Tenant for the Itemized Costs, and (b) One Million Three Hundred Thousand Dollars ($1,300,000.00) (the “HVAC Allowance” and together with the Basic Improvement Allowance, the “Improvement Allowance”) to be used solely to reimburse the Tenant for that portion of the Itemized Costs of replacing the HVAC units serving the Premises and related control systems . The Improvement Allowance shall be available for disbursement subject to and in accordance with the terms and conditions hereof (including the Work Letter), provided that at no time shall Landlord be required to make a disbursement of any of the Improvement Allowance if following such advance the aggregate amount of the Improvement Allowance advanced by Landlord would exceed Landlord’s Share of the aggregate amount of the Itemized Costs incurred by Tenant through such date. As used herein, “Landlord’s Share” means and refers to a fraction (expressed as a percentage), the numerator of which is the original amount of the Improvement Allowance and the denominator of which is the total amount of the Approved Budget (taking into account any increases in the Approved Budget, including increases as a result of change orders requested by Tenant and approved by Landlord in accordance with the terms of the Work Letter). Conditioned upon and provided that the Conditions Precedent (as defined below) are satisfied for each reimbursement request, and satisfied for each request no later than the date which is two (2) years after the Term Commencement Date (the “Required Completion Date”), Landlord shall pay to Tenant within thirty (30) days of satisfaction of the Conditions Precedent Landlord’s Share of the Itemized Costs The “Conditions Precedent” are: (a) Tenant is not in default under this Lease beyond any applicable notice and cure period provided in this Lease, and Tenant is in full compliance with all requirements under this Section 3.3 concerning Tenant’s Initial Work, (b) Tenant has complied with all of the terms and conditions of the Work Letter that are conditions precedent that required to be satisfied prior to the disbursement of any portion of the Improvement Allowance, and (c) Tenant has provided Landlord an itemized accounting of Tenant’s costs for such Tenant’s Initial Work for which it seeks reimbursement (“Itemized Costs”), of which not more than twenty-five (25%) percent shall be laboratory case work and soft costs, as more particularly set forth in the Work Letter.

  • Altona Area Allowance As of 1 March 2024 an Employee within a 8 km radius from the intersection of Kororoit Creek Road and Millers Road, Altona shall, when employed on chemical or petrochemical plants or on commercial or industrial construction jobs within 1 km of the nearest part of the perimeter of such plants or within the perimeter of storage tank farms, be paid an all- purpose allowance of $1.55 per hour extra. This allowance will be adjusted annually in accordance with CPI (All Groups, Melbourne) movements measured in the twelve month period ending the previous December quarter effective as of 1 March 2025 rounded to the nearest 5 cents.