Construction Allowance. Sublessor shall provide to Sublessee a construction allowance not to exceed $20.00 per square foot of the Building (as determined in accordance with the Measurement Method) (the “Construction Allowance”) to be applied toward the cost of the Sublessee’s Improvements. The Construction Allowance shall not be disbursed to Sublessee in cash, but shall be applied by Sublessor to the payment of the costs of Sublessee’s Improvements. In no event shall any portion of the Construction Allowance be used by Sublessor for design, engineering, construction or other costs associated with the base building, landscaping, utilities, Common Facilities or any other site improvements, or any other costs not directly associated with the Sublessee’s Improvements.
Appears in 3 contracts
Sources: Lease (Salient Surgical Technologies, Inc.), Lease (Salient Surgical Technologies, Inc.), Lease (Salient Surgical Technologies, Inc.)