Tenant Build-Out Clause Samples
The Tenant Build-Out clause defines the rights and responsibilities of the tenant and landlord regarding improvements or alterations made to the leased premises by the tenant. Typically, it outlines the scope of permitted construction, approval processes for plans, timelines for completion, and who bears the costs of the build-out. For example, it may specify that the tenant can install new partitions or flooring, subject to landlord approval and compliance with building codes. This clause ensures both parties have a clear understanding of what modifications are allowed, who is responsible for expenses, and helps prevent disputes over property alterations during the lease term.
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Tenant Build-Out. Following the Commencement Date, Tenant shall make the improvements to the Premises as described in attached Exhibit C (“Build-out”) which shall be completed prior to May 31, 2023 (the “Build-out Deadline”) subject to inspection and written approval by Landlord. Should supply or construction delays beyond the Tenant’s control prevent the completion of the Build-out on or before the Build-out Deadline, the Tenant and Landlord shall negotiate in good faith an extension of the Build-out deadline. The design and materials to be used by Tenant for the Build-out described in attached Exhibit C are approved by Landlord. The Landlord may require corrections to the Build- out should, in the Landlord’s determination, the materials, installation, or workmanship used to construct the Build-out deviate from the Build-out specifications described in attached Exhibit D or otherwise be of substandard quality. Tenant shall be provided a reasonable period to make any required corrections to the Build-out.
Tenant Build-Out. In accordance with the Plans and Specifications which will be attached hereto as Exhibit “B”, and upon completion thereof by Tenant and approval thereof by Landlord which approval shall not be unreasonably withheld, Tenant shall be allowed to make and construct such alterations and improvements as are necessary for its use and occupation of the Premises (“Tenant Build-Out”). Tenant shall complete the Plans and Specifications and provide them to Landlord for approval on or before the expiration of sixty (60) days from the Effective Date. Landlord covenants and agrees that upon Tenant’s Early Occupancy (See Section 2.03 hereof), Landlord shall deliver the Premises with such air conditioning, plumbing and sewage capacity as is required by Tenant for Tenant’s intended use of the Premises in accordance with the Plans and Specifications. Tenant anticipates that
Tenant Build-Out. Tenant shall be responsible for the renovations and construction to the Premises which shall include, but not be limited to, the addition of drive through teller lanes, addition of square footage, and the overall conversion to be in compliance for a depository institution under local, state, and federal regulations. Said build out improvements are further described on Exhibit “A” attached hereto.
Tenant Build-Out. Upon the commencement of this Lease, Tenant will accept deliver of the Premises from Landlord "As Is".
Tenant Build-Out. 1.1 Tenant Build-Out Work......................................... 1.1
