Initial Alterations. Following the mutual execution of this Lease and Tenant's payment of all Rent and security deposits required to be paid upon the execution of the Lease, Tenant shall have the right to perform certain alterations and improvements in the Premises (the "Initial Alterations"). Notwithstanding the foregoing, Tenant and its contractors shall not have the right to perform Initial Alterations in the Premises unless and until Tenant has complied with all of the terms and conditions of the Lease with respect to Alterations, including, without limitation, approval by Landlord of (a) the final plans for the Initial Alterations, (b) the contractors to be retained by Tenant to perform such Initial Alterations, and (c) the insurance coverage obtained by Tenant and its contractors in connection with the Initial Alterations. Landlord shall reimburse Tenant for up to $5,000.00 for the initial space plan and one revision (the “Space Plan Allowance”). Upon completion of the space plan, Tenant shall provide Landlord the invoice for such. Landlord shall reimburse Tenant for the Space Plan Allowance within ten (10) days following receipt of the invoice. Tenant shall be responsible for all elements of the plans for the Initial Alterations (including, without limitation, compliance with law, the structural integrity of the design, the configuration of the Premises and the placement of Tenant's furniture, appliances and equipment), and Landlord's approval of such plans shall in no event relieve Tenant of the responsibility therefor. Landlord's approval of the contractors to perform the Initial Alterations shall not be unreasonably withheld. Landlord's approval of the general contractor to perform the Initial Alterations shall not be considered to be unreasonably withheld if any such general contractor (i) does not have trade references reasonably acceptable to Landlord, (ii) does not maintain insurance as required by Landlord, (iii) does not have the ability to be bonded for the work in an amount satisfactory to Landlord, (iv) does not provide current financial statements reasonably acceptable to Landlord, or (v) is not licensed as a contractor in the state and municipality in which the Premises is located. Tenant acknowledges the foregoing is not intended to be an exclusive list of the reasons why Landlord may reasonably withhold its consent to a general contractor.
Initial Alterations. It is agreed that the Lessor shall complete alterations in accordance with Exhibit “A”, Floor Plan, and Exhibit “E”, Construction and Security Specifications, attached hereto and made a part hereof. Said alterations shall commence after Government execution of this Lease and Government has issued a notice to proceed (NTP). It is agreed by and between the parties hereto that upon the Government accepting the Space, ownership of all alterations to the property, both real and personal that are placed upon or added to the Premises by reason of this provision, shall be and will immediately become the property of the Government and may be removed from the Premises or abandoned in place by the Government. The total cost of alterations is in the amount of $[Insert Amount]. (note: also state lump sum amount in words) (Delete the following paragraph if the Lessor is not contributing any funds towards alterations) The Lessor has agreed to pay all of / a portion of [Select as appropriate] the cost of alterations in the amount of $[Insert Amount]. (note: also state lump sum amount in words) (note: Include the following sentence where Lessor is paying for all of the cost of alterations.) The parties hereby agree that if the cost of alterations exceeds the total amount listed herein, the Lessor shall promptly pay [the Government or the third party owed] for such additional amounts to avoid any delay in the alterations being completed or the Government accepting the Space. (If the Lessor is paying for all alterations, delete the following Option 1 and Option 2. If the Lessor isn’t paying for all or a portion of the alterations, choose Option 1 or Option 2.)
Initial Alterations. The parties acknowledge that Tenant intends to make certain alterations, additions and improvements (the “Initial Alterations”) to the Premises to make the same more suitable for Tenant’s occupancy during the Extension Term. The construction of the Initial Alterations shall be subject to Landlord’s approval in accordance with Paragraph 9 of the Lease and otherwise governed by Paragraph 9 of the Lease, except as expressly set forth in this Amendment, and except further that the Alteration Operations Fee set forth in Paragraph 9 of the Lease for the Initial Alterations shall be an amount equal to the sum of (i) three percent (3%) of the first $500,000.00 of Landlord’s Allowance disbursed hereunder, (ii) two percent (2%) of the next Five Hundred Thousand Dollars ($500,000.00) of Landlord’s Allowance disbursed hereunder, and (iii) one percent (1%) of the balance of Landlord’s Allowance disbursed hereunder. The general contractor, subcontractors and architect selected by Tenant for the Initial Alterations shall be subject to Landlord’s reasonable approval in accordance with Paragraph 9 of the Lease. Such approved general contractor is referred to hereinafter as “Contractor”. Notwithstanding the foregoing, Tenant acknowledges that it shall be required to use the Building’s approved MEP contractors for any MEP work that is included in the Initial Alterations. Landlord hereby approves Associated Space Designs, Inc. as Tenant’s architect for the Initial Alterations. Notwithstanding anything to the contrary in Paragraph 9.b. or 20 of the Lease, Tenant shall not be required to remove any of the Initial Alterations from the Premises upon the expiration or earlier termination of the Lease except those Initial Alterations which are Specialty Improvements (as defined below). If so requested by Tenant in writing at the time Tenant requests Landlord’s approval of the Initial Alterations, and provided that Tenant shall expressly reference this Paragraph 5 of this Amendment, Landlord shall advise Tenant in writing at the time of Landlord’s approval of the Initial Alterations as to whether any of the Initial Alterations are Specialty Improvements, and, if so, whether Landlord will waive its right to require that such Specialty Improvements be removed by Tenant from the Premises and the Premises be restored to their prior condition, ordinary wear and tear excepted. Landlord’s failure to expressly waive such requirement in writing shall preserve Landlord’s right to exercise the...
Initial Alterations. Lessor shall make any initial alterations to the leased premises, as requested by Lessee and subject to Lessor’s consent, which shall not be unreasonably withheld. The cost of such initial alterations shall be included in the annual rental rate.
Initial Alterations. As soon as reasonably practicable after the Commencement Date, Lessee shall complete the following alterations and improvements to the interior of the Building (collectively, the “Initial Alterations”): (i) the construction of a decontamination room (the “Decontamination Room”); (ii) modifications to the Java lobby, including the addition of a wall (the “Java Lobby Wall”) and the replacement of the carpeting with VCT; (iii) the construction of two rooms in the cubicle area on the Geneva side of the Building, as well as the installation of carpeting and dropped ceilings with sprinklers in such rooms; (iv) the addition of lighting to the warehouse portion of the Building; (v) items 1, 2 and 2a listed as “Ductwork Specialties” on Exhibit “B”; (vi) items 2, 7 and 8 of the items listed as “Subcontractors” on Exhibit “B”; (vii) items 1, 3 (provided that Lessee shall only be responsible for overtime to the extent related to any of the Initial Alterations described in the other subclauses of this Article 10d.), 4, 5 (provided that Lessee shall only be responsible for electrical upgrades to the extent related to any of the Initial Alterations described in the other subclauses of this Article l0d.) and 6 listed as “Exclusions” on Exhibit “B”; (viii) the removal of the three (3) H/C stalls at the rear parking area along Java Drive and the restriping of the same as regular parking; (ix) the addition of truncated domes to certain exterior doors; (x) the updating of the main entry H/C parking to replace the three (3) H/C parking stalls removed pursuant to clause (vii) above, including the removal of a portion of the concrete and the installation of a small ramp, together with related signage and graphics; and (xi) if legally required, the addition of a ramp and striping connecting the sidewalk owned by the City of Sunnyvale with the Premises. The Initial Alterations shall be deemed an Alteration and shall be subject to the terms and conditions applicable to Alterations set forth in Subarticles (a)-(c) of this Article 10, including without limitation, (1) Lessor’s prior written approval of the Initial Alterations within twenty (20) days after Lessee has provided Lessor with detailed plans and specifications describing the nature and scope thereof, such approval not to be unreasonably withheld or delayed (provided that if Lessor fails to respond to Lessee’s written request for approval within such twenty (20) day period, Lessor shall be deemed to have consented to the Ini...
Initial Alterations. Sublessee desires certain improvements and alterations (the “Initial Alterations”) to the Subleased Premises, which are outlined on Exhibit A.3 attached hereto and incorporated herein and which have been approved by Sublessee, Sublessor and Prime Lessor. These Initial Alterations shall be: (i) at the sole cost and expense of Sublessee; (ii) performed in full compliance with the applicable provisions of the Prime Lease and in full compliance with all applicable laws; and (ii) performed during regular business hours or after hours, as determined by Sublessor in its sole discretion. Further, Sublessee shall indemnify and hold Sublessor harmless from and against liability, loss, cost, damage, liens and expenses imposed on Sublessor arising out of the performance of Initial Alterations by Sublessee. In connection with Sublessor’s approval of any Initial Alterations, Sublessor shall advise Sublessee in writing if Sublessee is required to remove the Initial Alterations at the end of the Term, to restore the Subleased Premises to the condition existing prior to the making of the Initial Alterations, and to repair any damage occasioned by such removal or restoration, all at Sublessee’s sole cost and expense.
Initial Alterations a. It is agreed that the Lessor shall construct alterations in accordance with Exhibit “ ”, Floor Plan, and Exhibit “ ”, Construction Specifications attached hereto and made a part hereof, which construction shall commence immediately upon Government execution of this lease (effective date of this lease) and is to be substantially complete as determined by the Government by the delivery date. (ADD THIS SENTENCE IF LESSOR PAYING FOR ALL ALTERATIONS - Such alterations shall be at no cost to the Government.
Initial Alterations. This Exhibit is attached to and made a part of the Lease by and between by and between MOTOR CITY DRIVE, LLC, a Maryland corporation (“Landlord”) and GENEX TECHNOLOGIES, INC. a corporation formed under the laws of the state of ____________ (“Tenant”). Capitalized terms not defined below shall be as defined in the Lease.
Initial Alterations. (a) Landlord shall, promptly following its receipt and approval of Tenant's Plans, engage Xxxxxx to construct the Initial Alterations, and subject to the terms and conditions of the Lease and this Exhibit B-1 (and using equivalent materials and quantities to the Building-Standard items and quantities set forth on Schedule A hereto), Landlord shall have Xxxxxx install the same in a good and workmanlike manner to conform with the approved Tenant's Plans and said Schedule A. Landlord shall use commercially reasonable, good faith efforts under the circumstances, to have the Initial Alterations constructed on or before December 15, 1999, subject to Tenant Delay and causes beyond Landlord's reasonable control. In no event shall Landlord be required to use overtime or premium-pay labor, however, unless Tenant agrees to pay for same.
Initial Alterations. Tenant, through the Missoula Redevelopment Agency, is providing an amount up to Four Hundred Thirty Three Thousand Eight Hundred Forty and No/100 Dollars ($433,840.00) in Tax Increment Financing to Landlord for the purpose of construction of the interior of the Premises, including, without limitation, interior walls, commercial grade carpet, utilities, and other interior finishes. Landlord shall be responsible for all architectural design and construction activities.
