Common use of Tenant Costs Clause in Contracts

Tenant Costs. The aggregate of all costs described in the following subparagraphs (a) through (e) of this Section 3.02 are hereinafter referred to collectively as "Tenant Costs." 3 EXHIBIT B 32 a) The Tenant Improvement Costs; b) The cost of preparing and finalizing all drawings, specifications, finish schedules and the like as set forth in Sections 2.01(a) through (e) above; c) Fees for architects, engineers, interior designers, and other professionals and design specialists reasonably incurred by Landlord or Tenant in connection with the Tenant Improvements; d) The cost of making any and all changes in and to the Drawings and Specifications and any increased or decreased costs in the Tenant Improvement Costs resulting therefrom; and In the event the aggregate of Tenant Costs, as defined above, exceeds Landlord's Allowance for Tenant Costs, as specified in Section 3.01 above, then Tenant shall promptly pay the excess to Landlord upon demand; provided however, Tenant shall have the option to amortize up to $1.50 per square rentable square foot of such excess as Additional Rent paid monthly over the initial Lease Term at a 12% annual interest rate.

Appears in 1 contract

Sources: Lease Agreement (Headhunter Net Inc)

Tenant Costs. The aggregate of all costs described in the following subparagraphs (a) through (ed) of this Section 3.02 are hereinafter referred to collectively as "Tenant Costs." 3 EXHIBIT B 32" a) The Tenant Improvement Costs; b) The cost of preparing and finalizing all drawings, specifications, finish schedules and the like as set forth in Sections 2.01(a) through (ed) above; c) Fees for architects, engineersengineers required for Tenant's space, interior designers, and other professionals and design specialists reasonably incurred by Landlord or Tenant in connection with the Tenant Improvements;; and d) The cost of making any and all changes in and to the Drawings and Specifications and any increased or decreased costs in the Tenant Improvement Costs resulting therefrom; and In the event the aggregate of Tenant Costs, as defined above, exceeds Landlord's Allowance for Tenant Costs, as specified in Section 3.01 above, then Tenant shall promptly pay the excess to Landlord upon demand; provided provided, however, that Tenant shall have the option to may amortize up to $1.50 2.50 per square rentable square foot of the Premises of such excess amount as Additional Rent paid monthly over the initial Lease Term at a 12% annual interest rate.outlined in Special Stipulation 7 of this Lease. 53

Appears in 1 contract

Sources: Lease Agreement (Iss Group Inc)

Tenant Costs. The aggregate of all costs described in the following subparagraphs (a) through (ed) of this Section 3.02 are hereinafter referred to collectively as "Tenant Costs." 3 EXHIBIT B 32" a) The Tenant Improvement Costs; b) The cost of preparing and finalizing all drawings, specifications, finish schedules and the like as set forth in Sections 2.01(a2.01 (a) through (ed) above; c) Fees for architects, engineersengineers required for Tenant's space, interior designers, and other professionals and design specialists reasonably incurred by Landlord or or, Tenant in connection with the Tenant Improvements;; and d) The cost of making any and all changes in and to the Drawings and Specifications and any increased or decreased costs in the Tenant Improvement Costs resulting therefrom; and In the event the aggregate of Tenant Costs, as defined above, exceeds Landlord's Allowance for Tenant Costs, as specified in Section 3.01 above, then Tenant shall promptly pay the excess to Landlord upon demand; provided provided, however, that Tenant shall have the option to may amortize up to $1.50 2.50 per square rentable square foot of the Premises of such excess amount as Additional Rent paid monthly over the initial Lease Term at a 12% annual interest rateoutlined in Special Stipulation 4 of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Internet Security Systems Inc/Ga)