IMPROVEMENT WORK Sample Clauses

IMPROVEMENT WORK. Tenant shall construct, furnish or install all improvements, equipment or fixtures, that are necessary for Tenant’s use and occupancy of the entirety of the Leased Premises (the “Improvement Work”). Tenant shall complete construction of the Improvement Work for the entirety of the Leased Premises no later than , 200 , subject to delays caused by Force Majeure. Tenant shall also be responsible for the cost of any alterations to the Building required as a result of the Improvement Work. The Improvement Work shall be in conformity with drawings and specifications submitted to and approved by Landlord and shall be performed in accordance with the following provisions: (a) Tenant shall prepare and submit to Landlord for its approval two sets of fully dimensioned scale drawings (suitable for submission with a building permit application) for the Improvement Work (including plans, elevations, critical sections and details) and a specification of Tenant’s utility requirements. Tenant shall cause all drawings and specifications for the Improvement Work to be prepared by licensed architects and where appropriate, mechanical, electrical and structural engineers. (b) Within 10 days after receipt of Tenant’s drawings Landlord shall return one set of prints thereof with Landlord’s approval and/or suggested modifications noted thereon. If Landlord has approved Tenant’s drawings subject to modifications, such modifications shall be deemed to be acceptable to and approved by Tenant unless Tenant shall prepare and resubmit revised drawings for further consideration by Landlord. If Landlord has suggested modifications without approving Tenant’s drawings Tenant shall prepare and resubmit revised drawings within seven days for consideration by Landlord. All revised drawings shall be submitted, with changes highlighted, to Landlord within seven days following Landlord’s return to Tenant of the drawings originally submitted, and Landlord shall approve or disapprove such revised drawings within seven days following receipt of the same. (c) Tenant shall obtain all building and other permits necessary in connection with the Improvement Work prior to the commencement of such work, and in any event no later than , 200 . The Improvement Work shall (i) be constructed in compliance with all of the terms and conditions of the Lease and with all applicable laws and regulations, (ii) not involve changes to structural components of the Building nor involve any floor, roof, or wall penetrati...

IMPROVEMENT WORK. In connection with the preparation of the Premises for initial occupancy, and subject to the terms, covenants and conditions of Article 8 hereof (to the extent not contrary to or inconsistent with the provisions of this Article 35), Landlord and Tenant agree that the following shall apply:

IMPROVEMENT WORK. In order to prepare the Expansion Premises for Tenant’s occupancy, Landlord will cause to be completed certain improvement work deemed necessary in Landlord’s reasonable discretion (the “Work”), including without limitation, the removal of the existing demising walls and the construction of new demising walls. Such Work shall be performed by ▇▇▇▇▇ & Associates (“Landlord’s Contractor”). The Work shall be completed diligently in accordance with plans prepared by Landlord’s Contractor and approved by Tenant (such approval not to be unreasonably withheld) and all applicable laws. Tenant shall pay for one-third (1/3) of all costs and expenses incurred by Landlord for the Work, plus all costs for the Work which exceed a total of $225,000.00 (collectively, “Tenant’s Share”); provided, however, that: (i) Landlord shall not be entitled to pay itself any fees in connection with the Work (but nothing herein shall prevent Landlord from paying a construction management fee to its property manager, such fee to be included in the final bid); and (ii) if the total cost of the Work is estimated to exceed $225,000.00, Tenant shall be entitled to value engineer and/or make changes to the Work to reduce the amount of estimated costs. The parties currently anticipate that the cost of the Work will be approximately $212,700.00. Tenant shall pay Landlord for Tenant’s Share within ten (10) days of a written request for same from Landlord delivered to Tenant following substantial completion of the Work and delivery of the Expansion Premises. Landlord shall warrant and repair any defects in the Work which are reported to Landlord in writing within twelve (12) months following the Expansion Premises Commencement Date.

IMPROVEMENT WORK. Promptly after full execution and delivery of this Lease by Landlord and Tenant, Landlord shall, at Landlord's expense, cause the work to be performed in the Premises using Project-standard materials (the "IMPROVEMENT WORK"), thoroughly clean the Premises. In addition, Tenant Improvements in the Premises shall be installed and constructed in accordance with the terms of the Tenant Work Letter attached hereto as Exhibit "D" and made a ----------- part hereof. Except as specifically set forth in this Lease, Tenant hereby agrees to accept the Premises in its "as-is" condition and Tenant hereby acknowledges that Landlord has made no representation or warranty regarding the condition of the Premises.

IMPROVEMENT WORK. A. Sublessee shall have the right to improve the Space (herein referred to as the "Improvement Work") so that the Space may be used for the establishment and operation of a Banking Facility in accordance with Section 4 hereof and, at its own expense, to complete the total improvements. B. Sublessee shall repair any damage to Sublessor's property arising from the contractor's operations relating to the Improvement Work. C. Sublessee, at its sole cost and expense, shall furnish all improvements, fixtures, equipment, and furnishings which it deems necessary or desirable for the establishment and operation of the Bank Facility. All permits, licenses, and authorizations required in connection with the Improvement Work shall be obtained and paid for by Sublessee as the same are required. D. Sublessee shall make no major structural alterations or additions of any kind to the Space or the Bank Facility without first obtaining Sublessor's consent (not to be unreasonably or arbitrarily withheld), Sublessor having approved the plot plan represented by Exhibit A hereto.

IMPROVEMENT WORK. Any obligation to make, pay for, or reimburse Tenant for, any alterations, demolition, or other improvements made or work performed at the Leased Premises prior to the date Mortgagee acquired title to the Leased Premises.

IMPROVEMENT WORK. Landlord shall at its sole cost and expense, promptly and diligently perform and complete all site preparation and Site Improvements duties that are Landlord's responsibilities under and in accordance with EXHIBIT "C" and shall deliver possession of the Pad to Tenant substantially in accordance with the terms of Paragraphs 2.1(a) and EXHIBIT "C". Any construction and/or installation of Tenant's Improvements, fixturization or other work on the Premises that is to be performed by Tenant shall be the sole responsibility of Tenant. Tenant acknowledges and agrees that Landlord's receipt of all governmental approvals and entitlements for its intended development of the Shopping Center is a precondition to Landlord's obligations hereunder.

IMPROVEMENT WORK. Landlord shall, at Landlord’s sole cost and expense (except as otherwise provided herein), furnish all of the design, material, labor and equipment required to construct the Improvements, in substantial conformity with the Plans and Specifications. Landlord may not make any material changes to the Plans and Specifications without Tenant’s prior written approval, which shall not be unreasonably

IMPROVEMENT WORK. Notwithstanding anything stated to the contrary in the Purchase Agreement, as a condition to the Closing and Purchaser’s obligation to consummate the transaction contemplated by the Purchase Agreement, all improvement work for the Property disclosed by Utah’s State Construction Registry (including, without limitation, the work disclosed in Schedule 1 attached hereto) shall have been completed and paid for, and Seller covenants and agrees to deliver to Purchaser, no less than three (3) business days prior to the Closing Date, evidence reasonably satisfactory to Purchaser that all such improvement work have been completed and paid for (which evidence shall include the delivery of all invoices, receipts and lien waivers). Seller further covenants and agrees to execute at Closing any documents, undertakings or agreements reasonably required by the Title Company in order for the Title Company to issue the Approved Title Policy free and clear of any exceptions for mechanics’ liens.