Restroom Allowance Clause Samples
Restroom Allowance. In addition to the Tenant Improvement Allowance, to the extent that the Tenant Improvements contain upgrades to the restroom facilities on the fifth (5th), sixth (6th) and seventh (7th) floors of the Building, then Landlord shall provide an additional improvement allowance (the “Restroom Allowance”) in an amount not to exceed $3.00 per rentable square foot of the Premises, which Restroom Allowance may be used only towards the cost of such restroom upgrades. Tenant may, at its option, also use a portion of the Tenant Improvement Allowance towards the cost of such restroom upgrades. Subject to the terms set forth in this Section 2.1, all references in this Work Letter to the “Tenant Improvement Allowance,” shall be deemed to include the Restroom Allowance.
Restroom Allowance. (a) Landlord shall reimburse Tenant for the cost of the Initial Restroom Work, which shall be performed in accordance with the requirements of Article 14, in an amount (the “Restroom Allowance”) equal to, with respect to each full Floor of the Premises (i.e., each of the Ninth Floor Premises, the Tenth Floor Premises and the Eleventh Floor Premises), $150,000.00; provided, however, that Landlord may withhold an amount equal to ten percent (10%) of each requested installment of the Restroom Allowance for each full Floor until Tenant delivers to Landlord for Landlord’s approval, all of the documents described in clauses (w), (x), (y) and (z) of Section 7.02(a)(iv); provided further that the amount of such retainage shall be reduced to five (5%) of the amount of each requested installment of the Restroom Allowance upon certification by Tenant’s architect that the Initial Restroom Work on the applicable Floor is at least fifty percent (50%) completed substantially in accordance with the plans and specifications previously approved by Landlord. Notwithstanding anything contained herein to the contrary, only up to a maximum of ten percent (10%) of the aggregate Restroom Allowance (i.e., $45,000.00) may be applied to Tenant’s permit and filing fees, designers’, and architects’, engineers’ and other professional fees and other so-called “soft costs” incurred in connection with the performance of the Initial Restroom Work. Tenant shall pay all costs and expenses for or in connection with the Initial Restroom Work on each full Floor of the Premises in excess of the Restroom Allowance applicable to such Floor. Provided no Event of Default shall exist, Landlord shall pay the Restroom Allowance (subject to the retention specified above) by reimbursing Tenant, from time to time during the progress of the Initial Restroom Work (but not more than once per month) within thirty (30) days after a written request from Tenant which request shall be accompanied by the following:
(i) A certificate on AIA G-702 and 703 forms signed by Tenant or Tenant’s architect, dated not more than ten (10) Business Days prior to such request;
(ii) Itemized bills for labor and materials constituting portions of the Initial Restroom Work submitted by the contractors, architects, engineers and/or suppliers of the services or materials rendered in connection with the Initial Restroom Work, which shall have been marked “paid” by the contractor, architect, engineer or supplier, as the case may be;
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Restroom Allowance. In addition to the Tenant Improvement Allowance, Landlord shall provide Tenant with $80,000 per floor of the Premises (i.e., $160,000.00 for the Initial 4430 Expansion Premises, and $160,000.00 for the Second 4430 Expansion Premises) to be used by Tenant in connection with Tenant's construction of the Restroom Upgrade (the "Restroom Allowance").