Common use of Disbursement of the Tenant Improvement Allowance Clause in Contracts

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): (i) payment of the fees of the “Architect” and the “Engineers,” as those terms are defined in Sections 2.1 of this Tenant Work Letter, 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 EXHIBIT B and review of the “Construction Drawings,” as that term is defined in Section 2.1 of this Tenant Work Letter; (ii) the cost of any changes in the base, shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (the “Code”); (iv) the “Landlord Supervision Fee”, as that term is defined in Section 3.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): (i) payment of the fees of the “Architect” and the “Engineers,” as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, 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 EXHIBIT B and review of the “Construction Drawings,” as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the base, shell and core work of the Base Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “Code”); (iv) the cost of the Landlord’s Work; (v) the “Landlord Supervision Fee”, as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; and (vvi) a portion of the costs of the ATMtenant demising walls and public corridor walls and materials, if so elected any, as designated by TenantLandlord.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s 's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “"Tenant Improvement Allowance Items”"): (i) payment of the fees of the “"Architect” " and the “"Engineers,” " as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s 's consultants in connection with the preparation EXHIBIT B and review of the “"Construction Drawings,” " as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “"Code”"); (iv) telephone, electrical, television and data cabling; and (v) the “"Landlord Supervision Fee”", as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): (i) payment of the fees of the “Architect” and the “Engineers,” ”, as those terms are that term is defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord EXHIBIT B and Landlord’s consultants in connection with the preparation EXHIBIT B and review of the “Construction Drawings,” as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; , including, without limitation, the “Systems Plans,” as that term is defined in Section 3.4.2 of this Tenant Work Letter, (ii) payment of out-of-pocket costs incurred by Tenant for consultants in connection with the supervision of the Tenant Improvements (including, without limitation, supervision fees), (iii) costs incurred in obtaining any permits required in connection with the Tenant Improvements, (iv) the cost of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iiiv) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “Code”); (ivvi) fifty percent (50%) of the cost to construct the demising wall described in Section 1.2, above; and (vii) the “Landlord Supervision Fee”, as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “"Tenant Improvement Allowance Items”"): (i) payment of the fees of the “"Tenant's Architect” ", "Architect" and the “"Engineers,” " as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s 's consultants in connection with the preparation EXHIBIT B and review of the “"Construction Drawings,” " as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (the “Code”); (iv) the “cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "Landlord Supervision Fee”", as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): (i) payment of the reasonable and customary fees of the “Architect” and the “Engineers,” as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, and payment of the reasonable and customary fees incurred by, and the reasonable and customary cost of documents and materials supplied by, Landlord and Landlord’s consultants in connection with the preparation EXHIBIT B and review of the “Construction Drawings,” as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost reasonable and customary costs of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “Code”); and (iv) the “Landlord Supervision Fee”, as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance Allowance, the Unpaid Allowance, and any Tenant’s Funds shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s reasonable disbursement process, but in a timely manner in accordance with the construction contract to ensure timely completion of the work) for costs related to the construction of the Tenant Improvements Improvements, as provided for in, and in compliance with, the “Construction Contract”, as defined below, and for the following items and costs (collectively, the “Tenant Improvement Allowance Items”): (i) payment of the fees of the “Architect” and the “Engineers,” as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, 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 EXHIBIT B and review of the “Construction Drawings,” as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the base, shell Premises and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease when such changes are required by the Construction DrawingsBuildings; and (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (collectively, the “Code”); (iv) , to the “Landlord Supervision Fee”extent chargeable to Tenant, as that term is defined opposed to the Architect or the Engineers whose oversight resulted in Section 3.3.2 of this Tenant Work Letter; and the required changes. Within fifteen (v15) Business Days after the costs total cost of the ATMTenant Improvements has been determined by Landlord, if so elected by Tenantthe parties shall execute an amendment to the Lease setting forth the actual amount of the amortized monthly payments for the Unpaid Allowance pursuant to this Section 2.1.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s 's disbursement process) for costs related to the construction of the Tenant Improvements and for the following EXHIBIT B 1 items and costs (collectively, the “"Tenant Improvement Allowance Items”"): (i) payment of the fees of the “"Architect” " and the “"Engineers,” " as those terms are defined in Sections 2.1 SECTION 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s 's consultants in connection with the preparation EXHIBIT B and review of the “"Construction Drawings,” " as that term is defined in Section 2.1 SECTION 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “"Code”"); (iv) the “cost of any demolition of existing improvements in the Premises; (v) the "Landlord Supervision Fee”", as that term is defined in Section 3.3.2 SECTION 4.3.2 of this Tenant Work Letter; and (vvi) a portion of the costs of the ATMtenant demising walls and public corridor walls and materials, if so elected any, as designated by TenantLandlord.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s 's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “Tenant Improvement Allowance Items”"TENANT IMPROVEMENT ALLOWANCE ITEMS"): (i) payment of the fees of the “"Tenant's Architect” ", "Architect" and the “"Engineers,” " as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s 's consultants in connection with the preparation EXHIBIT B and review of the “Construction Drawings"CONSTRUCTION DRAWINGS,” " as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (the “Code”); (iv) the “Landlord Supervision Fee”cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "LANDLORD SUPERVISION FEE", as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Disbursement of the Tenant Improvement Allowance. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s 's disbursement process) for the costs related to of the construction of the Tenant Improvements and for the following items and costs (collectively, the “"Tenant Improvement Allowance Items”"): (i) payment of the fees of the “"Architect” " and the “"Engineers,” " as those terms are defined in Sections 2.1 Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s 's consultants in connection with the preparation EXHIBIT B and review of the “"Construction Drawings,” " as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of permits and construction supervision fees; (iii) the cost of any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease when such changes are Core required by the Construction Drawings; (iiiiv) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (the “"Code”"); (ivv) any other costs triggered by the performance of the Tenant Improvements which are required by any Code; (vi) the “cost of demolishing any existing improvements in the Premises; and (vii) the "Landlord Supervision Fee”", as that term is defined in Section 3.3.2 4.3.2 of this Tenant Work Letter; . However, in no event shall more than Three and 00/100 Dollars ($3.00) per usable square foot of the Tenant Improvement Allowance be used for the items described in (i) and (vii) the costs above; any additional amount incurred as a result of the ATM, if so elected by Tenant(i) and (ii) above shall be deemed to constitute an Over-Allowance Amount.

Disbursement of the Tenant Improvement Allowance. Except as otherwise ------------------------------------------------ set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s 's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the “"Tenant Improvement Allowance Items”"): (i) payment of the fees of the “"Architect” " and the “"Engineers,” " as those terms are defined in Sections 2.1 Section 3.1 of ----------- this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s 's consultants in connection with the preparation EXHIBIT B and review of the “"Construction Drawings,” " as that term is defined in Section 2.1 3.1 of this Tenant Work Letter; (ii) the cost of ----------- any changes in the baseBase, shell Shell and core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “"Code”"); (iv) the “"Landlord Supervision Fee”", as that term is defined in Section 3.3.2 ------- 4.3.2 of this Tenant Work Letter; and (v) the costs a portion of the ATMcosts, as designated ----- by Landlord, of the Demising Walls, Public Corridor and Lobby, if so elected by Tenantany.