INCREASED TI ALLOWANCE Clause Samples

INCREASED TI ALLOWANCE. In addition to the TI Allowance described in Exhibit C, Tenant shall have the right, upon written notice to Landlord and provided that no Default, or event which with the giving of notice or the passage of time, or both, would constitute an Default, has occurred and is continuing, to increase the amount of the TI Allowance in the increments set forth below up to a maximum increase of $180 per square foot of Rentable Area of the Premises, not to exceed a total TI Allowance of $4,700,000 for the entire Premises and not to exceed a TI Allowance of $3,500,000 for Phase I of the Premises. If Tenant elects to increase the TI Allowance pursuant to this Section 4, Base Rent shall be adjusted for Phase I and for Phase II. as follows: TI Allowance Increase in Base Rent Initial Base Rent ----------------------------------------------------------------------- $ 20.00 $0.00 $13.00/RSF $ 35.00 $1.30 $14.30/RSF $ 45.00 $1.30 $15.60/RSF $ 55.00 $1.30 $16.90/RSF $ 65.00 $1.30 $18.20/RSF $ 75.00 $1.30 $19.50/RSF $ 85.00 $1.30 $20.80/RSF $ 95.00 $1.30 $22.10/RSF $ 105.00 $1.30 $23.40/RSF $ 115.00 $1.30 $24.70/RSF $ 125.00 $1.40 $26.10/RSF $ 135.00 $1.40 $27.50/RSF $ 145.00 $1.40 $28.90/RSF $ 155.00 $1.40 $30.30/RSF $ 165.00 $1.40 $31.70/RSF $ 175.00 $1.40 $33.10/RSF $185.00 $1.40 $34.50/RSF $195.00 $1.40 $35.90/RSF $200.00 $0.70 $36.60/RSF