Common use of Coordination Fee Clause in Contracts

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two percent (2%), and (ii) the sum of the Allowances and the Over-Allowance Amount used by Tenant, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the Allowances.

Appears in 2 contracts

Sources: Sublease (CARGO Therapeutics, Inc.), Sublease (CARGO Therapeutics, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of Twelve Thousand Five Hundred Dollars (i) two percent (2%$12,500.00), and (ii) the sum of the Allowances and the Over-Allowance Amount used by Tenant, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesTenant Improvement Allowance.

Appears in 2 contracts

Sources: Lease (Rocket Companies, Inc.), Lease (Rocket Companies, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to one hundred fifty dollars ($150.00) per hour (capped at $20,000.00) for time actually expended and documented by Landlord in connection with the product of (i) two percent (2%), design and (ii) the sum construction of the Allowances and the Over-Allowance Amount used by TenantTenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and for the review of Tenant’s plans and drawings as referenced in Section 3 above, which amount shall be deducted by Landlord from charged against the AllowancesTenant Improvement Allowance.

Appears in 2 contracts

Sources: Office Lease (Forrester Research, Inc.), Office Lease (Forrester Research, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two percent (2%), and (ii) the sum of the Allowances and the Over-Allowance Amount used by Tenant[***], which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesTenant improvement Allowance.

Appears in 2 contracts

Sources: Office Lease (Rocket Companies, Inc.), Office Lease (Rocket Companies, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the "Coordination Fee") to Landlord in an amount equal to one hundred fifty dollars ($150.00) per hour for time actually expended and documented by Landlord in connection with the product of (i) two percent (2%), design and (ii) the sum construction of the Allowances and the Over-Allowance Amount used by TenantTenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and for the review of Tenant's plans and drawings as referenced in Section 3 above, which amount shall be deducted by Landlord from charged against the AllowancesTenant Improvement Allowance.

Appears in 1 contract

Sources: Office Lease (Castlight Health, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two three percent (23%), and (ii) the sum of the Allowances and the Over-Allowance Amount used by TenantAllowances, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the Allowances; provided, however, in no event shall such Coordination Fee exceed Fifty Thousand Dollars ($50,000.00).

Appears in 1 contract

Sources: Office Building Lease (Veracyte, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two three percent (23%), and (ii) the sum of the Allowances and Tenant Improvement Allowance, the Over-Allowance Amount used Amount, as such amount may be increased hereunder, and any other amounts expended by TenantTenant in connection with the design and construction of the Tenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Lease (Aqua Metals, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to one percent (1%) of the product lesser of (i) two percent (2%), the Tenant Improvement Allowance and (ii) the sum of the Allowances and the Over-Allowance Amount used by TenantFinal Costs, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Office Lease (Cornerstone OnDemand Inc)

Coordination Fee. Tenant shall pay a logistical coordination fee (the "Coordination Fee") to Landlord in an amount equal to the product of (i) two one percent (21%), and (ii) the sum of the Allowances and the Over-Allowance Amount used actually disbursed by TenantLandlord under this Tenant Work Letter, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the Allowances.

Appears in 1 contract

Sources: Lease (Achaogen Inc)

Coordination Fee. Tenant shall pay to Landlord a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product lesser of (i) two percent Seventeen Thousand Five Hundred and No/100 Dollars (2%), and $17,500.00) or (ii) the sum of actual, reasonable and documented out-of-pocket costs incurred by Landlord in coordinating the Allowances construction, design and the Over-Allowance Amount used by Tenant, which Coordination Fee shall be for services relating engineering functions relative to the coordination of the design and construction of the Tenant Improvements and shall be deducted by Landlord from (the Allowances"Coordination Fee").

Appears in 1 contract

Sources: Office Building Lease (Aames Financial Corp/De)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two three percent (23%), and (ii) the sum of the Allowances and the Over-Allowance Amount used by TenantFinal Costs, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Lease (Entravision Communications Corp)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two percent (2%), and (ii) the sum of the Allowances and the Over-Allowance Amount used by Tenant[***], which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesTenant Improvement Allowance.

Appears in 1 contract

Sources: Lease Agreement (Fate Therapeutics Inc)

Coordination Fee. Tenant shall pay a logistical coordination fee (the "Coordination Fee") to Landlord in an amount equal to the product of (i) two five percent (25%), and (ii) the sum of the Allowances and Initial Allowance, the Over-Allowance Amount used Amount, as such amount may be increased hereunder, and any other amounts expended by TenantTenant in connection with the design and construction of the Tenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Lease (Biotime Inc)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two one percent (21%), ) and (ii) the sum of the Allowances and Tenant Improvement Allowance, the Over-Allowance Amount used Amount, as such amount may be increased hereunder, and any other amounts expended by TenantTenant in connection with the design and construction of the Tenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Lease Agreement (Avalara Inc)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two *** percent (2***%), and (ii) of the sum of all amounts expended by Tenant in connection with the Allowances design and construction of the Over-Allowance Amount used by TenantWork, which Coordination Fee shall be for services relating to the Landlord’s coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from Work with other activities in the AllowancesBuilding.

Appears in 1 contract

Sources: Industrial Lease Agreement (Under Armour, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of Twenty Thousand Dollars (i) two percent (2%$20,000.00), and (ii) the sum of the Allowances and the Over-Allowance Amount used by Tenant, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Industrial Gross Lease (Celera CORP)

Coordination Fee. Tenant shall pay a logistical coordination fee (the “Coordination Fee”) to Landlord in an amount equal to the product of (i) two percent (2%), and (ii) the sum of the Allowances and the Over-Allowance Amount used by Tenant[***], which Coordination Fee shall be for services relating to the coordination of the construction of the Suite 1100 Tenant Improvements and shall be deducted by Landlord from the AllowancesSuite 1100 Tenant Improvement Allowance.

Appears in 1 contract

Sources: Lease (Rocket Companies, Inc.)

Coordination Fee. Tenant shall pay a logistical coordination fee (the "Coordination Fee") to Landlord in an amount equal to the product of of (i) two one percent (21%), and (ii) the sum of the Allowances Tenant Improvement Allowance, the Over- Allowance Amount, as such amount may be increased hereunder, and any other amounts expended by Tenant in connection with the Over-Allowance Amount used by Tenantdesign and construction of the Tenant Improvements, which Coordination Fee shall be for services relating to the coordination of the construction of the Tenant Improvements and shall be deducted by Landlord from the AllowancesImprovements.

Appears in 1 contract

Sources: Lease Agreement (Everbridge, Inc.)