Improvements Allowance. Landlord hereby agrees to provide Tenant an allowance in the amount of $3,300 (the "IMPROVEMENTS ALLOWANCE") for the design and construction of improvements within the Expansion Premises only. The Improvements Allowance may be applied to any costs directly related to the improvement of the Expansion Premises including, without limitation, architectural and engineering fees, costs of construction and installation of improvements in the Expansion Premises, installation of telephone and computer cabling and equipment, etc. The Improvements Allowance shall be paid to Tenant by Landlord within thirty (30) days of Tenant's written request therefor, accompanied by a final lien waiver from Tenant's general contractor and each of the other Tenant's contractors designated by Landlord, an AUTOCAD diskette of the "as-built" plans and specifications for the Expansion Premises and reasonable supporting detail for the costs incurred by Tenant with respect to the Expansion Premises. Should the cost of Tenant's leasehold improvements to the Expansion Premises exceed the amount of the Improvements Allowance, Tenant shall pay all such excess costs. In addition, in the event Tenant requests Landlord to contract for the construction and installation of any portion of the Expansion Premises improvements on behalf of Tenant, Landlord shall supervise the construction of that portion of the Expansion Premises improvements and Tenant agrees to pay Landlord a construction management fee in an amount equal to five percent (5%) of the total construction costs of that portion of the Expansion Premises improvements performed by Landlord's contractor. If Landlord's contractor does not perform the Expansion Premises improvements, Tenant shall not have to pay a construction management fee but will have to pay a construction plan review fee of two percent (2%) of the total construction costs.
Improvements Allowance. Eighty-Four Thousand Two Hundred Dollars ($84,200.00), which is the product of Twenty Dollars ($20.00) multiplied by the rentable area of the Premises.
Improvements Allowance. Notwithstanding anything to the contrary herein, Landlord shall contribute an amount (such amount being the “Improvements Allowance”) not to exceed $16.00 per rentable square foot of the Premises ($1,638,400.00 based on the rentable square footage of 102,400) towards the costs incurred by Landlord and/or Tenant in designing, planning and constructing the Improvements. In the event the costs incurred in connection with designing, planning and constructing the Improvements exceed the Improvements Allowance (subject to application of the Additional Tenant Improvement Allowance, as hereinafter defined), Tenant shall be solely responsible for bearing and paying any such excess costs within thirty (30) days of Landlord’s written demand therefor. In the event the costs incurred by Landlord and/or Tenant in connection with designing, planning and constructing the Improvements are less than the Improvements Allowance, Tenant shall provide Landlord with written notice prior to August 31, 2007 which may direct Landlord to pay such excess amounts directly to Tenant’s contractor/vendors for additional improvements to the Premises conducted by or for Tenant, or apply such excess amounts against the Minimum Rental payment(s) next due from Tenant until such excess amounts have been exhausted. Without limiting the foregoing, Landlord acknowledges that “the costs incurred by Landlord and/or Tenant in designing, planning and construction the Improvements” shall be deemed to include the cost to obtain any and all (i) operating permit(s) that Tenant may be required to obtain (if any) in order for Tenant to operate for Tenant’s permitted use as described in Article 6(a) of this Lease; (ii) construction permits (including costs associated with any “express review” process); (iii) space planning; (iv) construction documents; (v) upfit costs; and (vi) any additional costs associated with the upfit.
Improvements Allowance. (a) Landlord shall contribute (subject to adjustment as provided hereinbelow in subparagraph 1(b) of this Exhibit "E") Seven Hundred Sixty-One Thousand One Hundred Fifty-One and 15/100 Dollars ($761,151.15) ("Landlord's Contribution") toward only the following costs (the "Designated Costs") of the work performed pursuant to making the Premises ready for Tenant's access, use and occupancy (the "Upfit Work", it being understood that the term Upfit Work, as used herein, shall mean both the "Phase I Work" and the "Phase II Work", as said terms are defined hereinbelow), and for no other purpose (except as provided in subparagraph 1(b) and in Paragraph 15 of this Exhibit "E" below): (i) the costs of completing and approving the Layout Plan and Finish Schedule (as these terms are defined hereinbelow in Paragraph 2 of this Exhibit "E"), (ii) the costs of the preparation of the Plans (as defined hereinbelow in Paragraph 3 of this Exhibit "E"), and (iii) the costs of all construction work performed in accordance with the Plans. Landlord's Contribution represents an amount equal to Fifteen and 15/100 Dollars ($15.15) multiplied by the rentable square footage within the Premises.
Improvements Allowance. Landlord hereby agrees to provide Tenant an allowance in the amount of $34,410 (the "IMPROVEMENTS ALLOWANCE") for the design and construction of improvements within the Expansion Premises. The Improvements Allowance may be applied to any costs directly related to the improvement of the Expansion Premises including, without limitation, architectural and engineering fees, costs of construction and installation of improvements in the Expansion Premises, installation of telephone and computer cabling and equipment, moving expenses, etc. The Improvements Allowance shall be paid to Tenant by Landlord within thirty (30) days of Tenant's written request therefor, accompanied by a final lien waiver from Tenant's general contractor and each of the other Tenant's contractors designated by Landlord, an AUTOCAD diskette of the "as-built" plans and specifications for the Expansion Premises and reasonable supporting detail for the costs incurred by Tenant with respect to the Expansion Premises. Should the cost of Tenant's leasehold improvements to the Expansion Premises exceed the amount of the Improvements Allowance, Tenant shall pay all such excess costs. Tenant shall not have to pay a construction management fee to Landlord in connection with the improvements to the Expansion Premises. Tenant shall have access to the Expansion Premises at any time after the date hereof in connection with its improvement of the Expansion Premises, subject to all terms and conditions of the Lease (other than the payment of rent).
Improvements Allowance. Landlord shall pay the costs of the construction and planning of the Landlord’s Work (other than the Renovations) from the TI Contribution with Texxxx xeing responsible to reimburse Landlord for (i) any costs in excess thereof; or (ii) the costs of any upgrades thereto; provided that Tenant has requested or approved such excess costs or upgrades in writing (together the “Excess TI Contribution”). Texxxx’x reimbursement to Landlord of the Excess TI Contribution shall be paid on or before thirty (30) days following Landlord’s delivery of an invoice or invoices to Tenant evidencing said amounts. Notwithstanding the foregoing, Landlord may deliver invoices to Tenant as the Landlord’s Work progresses and shall not be required to wait for Substantial Completion of Landlord’s Work prior to delivering an invoice for the Excess TI Contribution. All hard and soft construction costs shall be paid from the TI Contribution and Landlord shall charge a three percent (3%) construction management fee to be paid from the TI Contribution. In the event that the final cost of the Landlord’s Work is less than the TI Contribution, the amount by which the TI Contribution exceeds the final cost of the Landlord’s Work (the “Remaining Allowance”) shall be applied in whole to reduce the Tenant’s obligation for Monthly Minimum Rent commencing on the Commencement Date and continuing thereafter until the Remaining Allowance has been fully applied. The Remaining Allowance as applied to Monthly Minimum Rent shall be applied in whole and shall not be divided and used over the Term of the Lease.
Improvements Allowance. (a) Landlord hereby agrees to grant Tenant an allowance (the "IMPROVEMENTS ALLOWANCE") in an amount equal to the product of (i) Thirty Dollars ($30.00) and (ii) the number of rentable square feet in the Premises, to be applied toward the Leasehold Cost and the actual costs and expenses incurred by Tenant in connection with moving into the Premises.
Improvements Allowance. Landlord shall pay to Tenant the Improvements Allowance for the Expansion Premises in the amount required under Section 2(c)(v)(A) of the Lease. If, for example, the Expansion Premises Commencement Date is June 1, 2016, the Improvements Allowance shall be $159,729.23. If the Expansion Premises Commencement Date occurs on a date other than June 1, 2016, then the Improvements Allowance shall be adjusted in accordance with Section 2.2(c)(v)(A) of the Lease, and Landlord and Tenant shall execute a side letter or commencement date certificate confirming the Expansion Premises Commencement Date and the Improvements Allowance. The aggregate amount of the Improvements Allowance paid by Landlord shall not exceed Tenant’s actual expenses for work performed and materials furnished in connection with Tenant’s Work, including expenses incurred in connection with the design and preparation of Construction Drawings for Tenant’s Work (including associated architectural and engineering fees and permits) and costs of installation of data and telephone cabling and other improvements included in Tenant’s Work and for Tenant’s security system and signage subject to the limitation set forth below. In no event shall the Improvements Allowance be payable in respect of Tenant’s costs for furniture, trade fixtures, business equipment or other personal property, for interest or financing costs, or for Tenant’s own administrative or overhead expenses (except for Tenant’s project manager’s fee). Tenant may use a portion of the Improvements Allowance, in no event to exceed an aggregate of one sixth (1/6th) of the amount specified above in this Section 4, for Tenant’s expenses for a security system and signage installed in accordance with the provisions of this Lease Landlord shall pay the Improvements Allowance to Tenant as follows:
Improvements Allowance. Landlord shall make available to Tenant a tenant improvement allowance of up to $10.00 per rentable square foot of the Remaining Premises (the “Improvement Allowance”) for the design and construction of fixed and permanent improvements desired by and performed by Tenant and reasonably acceptable to Landlord to the Premises (the “Premises Improvements”), which Premises Improvements shall be constructed pursuant to a scope of work reasonably acceptable to Landlord
Improvements Allowance. (a) Tenant acknowledges and agrees that, except as expressly set forth below. Tenant is accepting the Premises in “as-is” condition on the date hereof and that Landlord shall have no obligation whatsoever to furnish, render, or supply any money, work, labor, fixture, material, decoration, or equipment in order to prepare the Premises for Tenant’s occupancy for the Fourth Renewal Term, except as expressly set forth below. Except as expressly set forth below, any and all alterations and improvements to the Premises shall be at Tenant’s expense and are subject to the provisions of the Lease applicable to alterations, including, without limitation, that the plans and specifications, and the contractors and subcontractors to be used by Tenant, for any alterations are subject to the prior written approval of Landlord.
