Common use of Increment Addition Form Clause in Contracts

Increment Addition Form. If Tenant accepts the Estimated Fixed Cost (initial or revised), and also accepts the Estimated Increment Schedule (initial or revised), for a particular increment of Additional Landlord Work, then Landlord and Tenant shall jointly complete and execute an Increment Addition Form in the form of attached Schedule 1 (or in such modified form as Landlord and Tenant may mutually agree) for such increment. Notwithstanding anything to the contrary herein, no increment will be deemed a part of the Additional Landlord Work hereunder unless and until an Increment Addition Form is executed and delivered by both Landlord and Tenant for such increment and, if an Increment Addition Form is not executed and delivered by both Landlord and Tenant for a particular increment, for any reason, Tenant, if Tenant desires that such work be performed, shall be responsible for performing the subject work as a part of the Tenant Improvements and Tenant may apply Landlord’s Allowance to the cost of such work in accordance with the provisions of Paragraph 2.e. of the Third Amendment.

Appears in 2 contracts

Samples: Office Lease (Twitter, Inc.), Office Lease (Twitter, Inc.)

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Increment Addition Form. If Tenant accepts the Estimated Fixed Cost (initial or revised), and also accepts the Estimated Increment Schedule (initial or revised), for a particular increment of Additional Landlord Work, then Landlord and Tenant shall jointly complete and execute an Increment Addition Form in the form of attached Schedule 1 Exhibit A (or in such modified form as Landlord and Tenant may mutually agree) for such increment. Notwithstanding anything to the contrary herein, no increment will be deemed a part of the Additional Landlord Work hereunder unless and until an Increment Addition Form is executed and delivered by both Landlord and Tenant for such increment and, if an Increment Addition Form is not executed and delivered by both Landlord and Tenant for a particular increment, for any reason, Tenant, if Tenant desires that such work be performed, shall be responsible for performing the subject work as a part of the Tenant Improvements and Tenant may apply Landlord’s Allowance to the cost of such work in accordance with the provisions of Paragraph 2.e4.e. of the Third AmendmentLease.

Appears in 2 contracts

Samples: Office Lease (Twitter, Inc.), Office Lease (Twitter, Inc.)

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