Tenant Changes. Tenant may request a change, addition or alteration in the Tenant Improvements as shown by the Approved Plans after Tenant's final approval of such Approved Plans (a "Change Order") by delivery of a written request to Landlord for its approval and for the general contractor's determination of (i) the increase on the cost of work to implement the Change Order, and (ii) the estimated delay, if any, in the construction of the Tenant Improvements occasioned by the Change Order. Tenant's architect shall complete all working drawings necessary to show the change, addition or alteration, and a Change Order in form satisfactory to Landlord. Following its approval of the Change Order and any delays in construction occasioned by the Change Order, Landlord shall deliver to Tenant its written approval of the Change Order and authorization to proceed with the work as shown by the Change Order, conditioned upon payment by Tenant to Landlord, in advance and in full, of any cost increase occasioned thereby. Landlord may decline any proposed Change Order if the change is inconsistent with the provisions of any of paragraphs 1 through 4 above. Any delay caused by work stoppage pending Landlord's approval of a Change Order of payment by Tenant of any cost increase shall constitute Tenant Delay. If Landlord fails to disapprove a Change Order within five (5) days after Landlord's receipt thereof, the Change Order shall be deemed approved.
Appears in 1 contract
Sources: Lease (MRV Communications Inc)
Tenant Changes. Tenant may request a change, addition or alteration in the Tenant Improvements as shown by the Approved Plans after Tenant's Landlord’s final approval of such Approved Plans (a "“Change Order"”) by delivery of a written request to Landlord for its approval and for the general contractor's ’s determination of (i) the increase on in the cost of work to implement the Change Order, and (ii) the estimated delay, if any, in the construction of the Tenant Improvements occasioned by the Change Order. Tenant's ’s architect shall complete all ail working drawings necessary to show the change, addition or alteration, and a Change Order in form satisfactory to Landlord. Following its approval of the Change Order and any delays in construction occasioned by the Change Order, Landlord shall deliver to Tenant its written approval of the Change Order and authorization to proceed with the work as shown by the Change Order, conditioned upon payment by Tenant to Landlord, in advance and in full, of any cost increase occasioned thereby. Landlord may decline any proposed Change Order if the change is inconsistent with the provisions of any of paragraphs 1 through 4 above. Any delay caused by work stoppage pending Landlord's ’s approval of a Change Order of or payment by Tenant of any cost increase shall constitute Tenant Delay. If Landlord fails to disapprove a Change Order within five (5) days after Landlord's receipt thereof, the Change Order shall be deemed approved.
Appears in 1 contract
Sources: Consent to Sublease (Integrated Financial Systems Inc)