Completion Bond. Landlord may require Tenant, at Tenant’s sole cost, to obtain and provide to Landlord a lien and completion bond in a form and by a surety acceptable to Landlord, and in amount not less than one hundred fifty percent (150%) of the estimated cost of such Tenant Alterations.
Appears in 2 contracts
Sources: Office Lease (Aurion Biotech, Inc.), Office Lease (Aurion Biotech, Inc.)
Completion Bond. Landlord may require Tenant, at Tenant’s sole cost, to obtain and provide to Landlord a lien and completion bond in a form and by a surety acceptable to Landlord, and in amount not less than one hundred fifty percent (150%) of the estimated cost of such Tenant AlterationsAlterations but only if such Tenant Alterations exceed $150,000 in value.
Appears in 1 contract
Sources: Office Lease (Pandora Media, Inc.)
Completion Bond. Landlord may require Tenant, at Tenant’s 's sole cost, to obtain and provide to Landlord a lien and completion bond in a form and by a surety acceptable to Landlord, and in amount not no less than one hundred fifty percent (150%) of 1 and 1/2 times the estimated cost of such Tenant Alterations.
Appears in 1 contract
Sources: Lease Agreement (Stockup Com Inc)