Discretionary Allowance. Landlord agrees to provide Tenant an amount not to exceed Eighty Five Thousand Dollars ($85,000.00) (the “Discretionary Allowance”) for the purchase, installation and/or construction (including, without limitation, any soft costs such as permits and architect’s fees) of a Liebert unit servicing Tenant’s computer room and such other improvements, equipment (including, without limitation, movable equipment), furniture (including, without limitation, movable furniture), fixtures and finishes for the Premises desired by Tenant and refurbishing of existing furniture (“Tenant’s Work”). Landlord agrees that to the extent Tenant’s Work includes any equipment or furniture that is not affixed to the Leased Premises, that such equipment or furniture shall remain Tenant’s property notwithstanding anything in the Lease (as amended hereby) to the contrary. Any portion of Tenant’s Work consisting of improvements to the Premises must be approved by Landlord in advance, shall be bid, paid for by Landlord and supervised by Landlord and shall be performed in accordance with the Lease; provided the Landlord will provide Tenant three (3) competitive bids with Tenant to select the approved bid. Landlord shall pay Tenant that portion of the Discretionary Allowance Tenant utilizes for equipment or furniture within ten (10) days after receipt of paid invoices therefore. For the avoidance of doubt, the Liebert unit and related installation costs are deemed to be equipment and not improvements to the Premises. The Discretionary Allowance must be utilized after the date of this First Amendment, but prior to July 1, 2017. Any portion of the Discretionary Allowance for which Tenant has not submitted to Landlord a request for reimbursement on or before July 1, 2017 shall be forfeited by Tenant. The cost of any Tenant’s Work exceeding the Discretionary Allowance shall be Tenant’s responsibility. All of Tenant’s contractors who perform work on the Premises must be insured pursuant to the terms of the Lease and are subject to Landlord’s approval.
Discretionary Allowance. Landlord shall provide Tenant with an allowance in the amount of Two Hundred Thousand Dollars ($200,000.00) to be used by Tenant for costs associated with its relocation to the Leased Premises. Such allowance shall be paid to Tenant within fifteen (15) days of Landlord's receipt of an executed Estoppel Certificate from Tenant, which Estoppel Certificate shall be provided to Tenant on the Commencement Date. In addition, Landlord shall provide Tenant with an allowance in the amount of One Hundred Eighty-six Thousand Four Hundred Dollars ($186,400.00), which shall, at Tenant's option, either (i) be paid to Tenant within fifteen (15) days of Landlord's receipt of an executed Estoppel Certificate from Tenant, which Estoppel Certificate shall be provided to Tenant on the Commencement Date, or (ii) be credited toward costs incurred by Tenant as a part of this Lease transaction. In the event Tenant exercises its option to expand pursuant to Section 20.05 and/or Section 20.06 hereof, Landlord agrees to pay Tenant an allowance equal to two percent (2%) of the gross value of such expansion, based on the rental rate for such expansion space, the rentable square footage of the expansion space, and the number of months remaining in the original Lease Term as of the effective date of such expansion, to be paid within fifteen (15) days of Landlord's receipt of an executed Estoppel Certificate from Tenant relating to the expansion space, which Estoppel Certificate shall be provided to Tenant on the commencement date of such expansion space.
Discretionary Allowance. For and in consideration of Tenant leasing the Additional Space and provided there is no uncured Default by Tenant hereunder, Landlord shall pay to Tenant a discretionary allowance in an amount equal to Four Hundred Fifty Thousand Dollars ($450,000.00) (the "Discretionary Allowance") for Tenant's use towards costs associated with Tenant's Leased Premises in either Woodland V or Woodland VI, including, but not limited to, moving costs, wiring and cabling, space planning, design, furniture, fixtures and equipment. Landlord hereby agrees to pay the Discretionary Allowance to Tenant as follows: (i) Two Hundred Twenty-five Thousand Dollars ($225,000.00) on or before the First Takedown Space Commencement Date; (ii) One Hundred Twelve Thousand Five Hundred Dollars ($112,500.00) on or before September 1, 2008; and (iii) One Hundred Twelve Thousand Five Hundred Dollars ($112,500.00) on or before March 1, 2009."
Discretionary Allowance. The Company will not provide a car or allowance for such purchase, lease, insurance, maintenance, gas or other automobile related expenses. A monthly payment of $1,250.00, less required withholding and appropriate deductions, will be paid to Employee without designated use.
Discretionary Allowance. 13.2.1 SA residents over the age of 18 (eighteen) years qualify for a discretionary allowance as set by XXXX.
Discretionary Allowance. Provided that the Lease is then in full force and effect, Landlord shall pay Tenant the sum of One Million Six Hundred Sixty-Six Thousand Four Hundred Eighty-Eight and 00/100 Dollars ($1,666,488.00) (“Discretionary Allowance”) on or before January 15, 2011 which may be used by Tenant as reimbursement for the costs of work performed by or on behalf of Tenant in or to the Premises, or for any other purpose. The Discretionary Allowance shall constitute an Inducement in accordance with Section 2.5 of the Existing Lease, provided that the amortization of the Discretionary Allowance shall be over the six and one-half (6.5) year period beginning July 1, 2011, and ending on December 31, 2017.
