Common use of Initial Tenant Work Clause in Contracts

Initial Tenant Work. Landlord hereby approves the Initial Tenant Work (the “Initial Tenant Work”) described on the space plan attached as Exhibit I attached hereto (the “Preliminary Space Plan”). Landlord hereby approves ▇▇_▇▇.▇▇ as the architect for the Initial Tenant Work and DPR, NOVO, and Field Construction as acceptable potential general contractors for the Initial Tenant Work. Notwithstanding anything in the Lease to the contrary, Landlord shall approve or disapprove (which approval shall not unreasonably be withheld, conditioned or delayed) Tenant’s plans and specifications for the Initial Tenant Work and all subsequent changes thereto within five (5) business days following Landlord’s receipt of all information reasonably necessary to evaluate Tenant’s request for approval. No additional security or lien completion bond shall be required in connection with the Initial Tenant Work, and notwithstanding anything in the Lease to the contrary, Landlord’s coordination fee for such Initial Tenant Work shall equal 2% of the hard costs of such Initial Tenant Work.

Appears in 2 contracts

Sources: Office Lease (Medallia, Inc.), Office Lease (Medallia, Inc.)