Common use of TENANT EXTRA WORK Clause in Contracts

TENANT EXTRA WORK. Items not described in these specifications are considered non-standard work items, falling outside of the scope of the standard build-out. If requested by Tenant during the Landlord’s Work, these items of work will be performed exclusively by Landlord at the sole cost and expense of Tenant. Landlord will present Tenant with a Tenant Extra Work Order (“TEWO”), setting forth the specifications and cost of the subject items. Tenant will have three (3) days from receipt of the subject TEWO in which to elect to have the subject item of work performed. Election is made by Tenant through execution and delivery of the subject TEWO to Landlord, together with payment by Tenant of one-half (50%) of the cost of the subject item. Failure by Tenant to make election (in the manner described in the preceding sentence) within the aforementioned three (3) day period shall be construed as an election by Tenant to forego the subject TEWO. During Tenant’s TEWO review period, Landlord will continue to prosecute the Landlord’s Work in accordance with the terms of

Appears in 2 contracts

Sources: Sub Lease Agreement (Loxo Oncology, Inc.), Lease Agreement (Loxo Oncology, Inc.)