Common use of Construction Allowances Clause in Contracts

Construction Allowances. As contribution to Tenant's construction of Tenant's Expansion Improvements, Landlord agrees to provide Tenant with a tenant improvement allowance in the amount equal to Fifty-Five and No/100 Dollars ($55.00) per usable square foot of floor area of the Expansion Premises (the Expansion Premises is estimated to have 37,517 usable square feet), which equates to a sum of $2,063,435.00 (hereafter, the "Expansion Construction Allowance"), together with a separate and additional fixed sum in an amount equal to Ninety-Three Thousand Dollars ($93,000) in connection with Tenant' s installation of a variable refrigerant HVAC system exclusively serving the Expansion Premises (the "HVAC Allowance") as part of Tenant's Work (defined in Exhibit C), which HVAC system shall remain at the Expansion Premises following Tenant's surrender of the Expansion Premises at the expiration or earlier termination of the Expansion Tenn. The Expansion Construction Allowance and the HVAC Allowance shall be paid to Tenant in accordance with the requirements and procedures set forth in Section 3.03 of Exhibit C attached hereto and incorporated by reference.

Construction Allowances. As contribution to Tenant's ’s construction of Tenant's ’s Expansion Improvements, Landlord agrees to provide Tenant with a tenant improvement allowance in the amount equal to Fifty-Five and No/100 No/I00 Dollars ($55.00) per usable square foot of floor area of the Expansion Premises (the Expansion Premises is estimated to have 37,517 usable square feet), which equates to a sum of $2,063,435.00 (hereafter, the "“Expansion Construction Allowance"”), together with a separate and additional fixed sum in an amount equal to Ninety-Three Thousand Dollars ($93,000) in connection with Tenant' s ’s installation of a variable refrigerant HVAC system exclusively serving the Expansion Premises (the "“HVAC Allowance"”) as part of Tenant's ’s Work (defined in Exhibit C), which HVAC system shall remain at the Expansion Premises following Tenant's ’s surrender of the Expansion Premises at the expiration or earlier termination of the Expansion Tenn. Term. The Expansion Construction Allowance and the HVAC Allowance shall be paid to Tenant in accordance with the requirements and procedures set forth in Section 3.03 of Exhibit C attached hereto and incorporated by reference.