Tenant Finish Allowance. The City shall provide Tenant with a Tenant Finish Allowance as outlined in Exhibit “B”. The Tenant shall repay the City for said expenditure with equal payments on a monthly, quarterly or annual basis over the 5 year term of this Lease. An annual interest rate of 3.99% shall be applied to the outstanding balance. In the event the Lease shall be terminated for any reason prior to completion of the full 5 year term, the balance of the Tenant Finish Allowance remaining due and unpaid shall balloon and become due and payable in full within ninety days of the effective date of said early termination.
Tenant Finish Allowance. Landlord shall provide Tenant with a Tenant Finish Allowance of Ninety-nine Thousand, Three Hundred, Sixty and no/100 Dollars ($99,360.00) towards Tenant’s costs related to construction of the improvements (including, without limitation, space planning costs, architectural and engineering fees, general contractor fees, wiring/cabling expenses, moving expenses and other similar fees and expenses). Tenant shall bear the entire cost of any interior improvements to be installed by Landlord in the premises in excess of the finish-out allowance of Ninety-nine Thousand, Three Hundred Sixty and no/100 Dollars ($99,360.00) and shall pay for such excess over the Allowance as hereinafter provided. In the event Landlord is to construct fee interior improvements and the estimated cost for same exceeds the Allowance, Tenant shall pay to Landlord (assuming Landlord’s approval of the working drawings referred to herein) prior to commencement of such construction, an advance payment equal to one-half (1/2) of the amount of such excess over the Allowance as reasonably estimated by Landlord. Notwithstanding any provision contained herein to the contrary, it is understood and agreed that Landlord shall have no obligation to commence installation of any interior improvements until (a) Tenant shall have furnished to Landlord and Landlord shall have approved the final working drawings as required by the provision hereof, (b) Landlord shall have received Tenant’s advance payment (described above) for the amount of the cost of improvements in excess of the Allowance and (e) Landlord and Tenant shall have approved the total cost of any change order. Upon Substantial Completion of the installation of the interior improvements and prior to occupancy by Tenant, Tenant shall pay Landlord the remainder of the actual amount of the excess cost incurred over the Allowance. In no event shall credit be given to Tenant for any Allowance not utilized. FIRST AMENDMENT TO THE LEASE AGREEMENT BETWEEN MET 10A-98, LTD., A TEXAS LIMITED PARTNERSHIP, AS LANDLORD, AND TANGOE, INC., AS TENANT To be attached to and form a part of Lease made the 12th day of January, 2009 (which together with any amendments, modifications and extensions thereof, is hereinafter called the Lease), between Landlord and Tenant, covering a total of 21,600 square feet and located at 0000 Xxxxxx Xxxx., Xxxxx 000, Xxxxxx, Xxxxx, known as Metric 10W.
Tenant Finish Allowance. Landlord and Tenant agree that in ----------------------- lieu of Landlord constructing certain improvements to the Premises to induce Tenant to enter into this Lease with Landlord, Landlord shall grant to Tenant an allowance of Seven and 50/100ths Dollars ($7.50) per square foot for the entire Premises to construct improvements to the Premises. Such allowance shall be granted by Landlord to Tenant on annual basis, pro rated over the original Term of the Lease. Subject to paragraph 10 hereof, any improvements or modifications to the Premises proposed by Tenant shall be subject to the prior written consent and approval of Landlord; provided, however that such consent and approval shall not be unreasonably withheld.
Tenant Finish Allowance. Tenant agrees to complete all improvements to ------------------------ this additional space at its expense in exchange for rent abatement equivalent to a $15.00 per usable SF allowance, or $28,785.00.
Tenant Finish Allowance. Landlord agrees to install, at its sole cost, a finished ceiling. Tenant agrees to pay ten thousand dollars ($10,000.00) to Landlord upon lease execution for tenant finishes. Landlord agrees to provide Tenant with a turnkey of tenant finishes for the premises as depicted in the pricing drawings dated 11/18/97 as drawn by Calsten & Associates, a copy of which is attached hereto as Exhibit B.
Tenant Finish Allowance. Landlord hereby grants to Tenant the Tenant Finish Allowance as referenced in Section 3 hereinabove. The Tenant Finish Allowance is to be used for:
Tenant Finish Allowance. (a) Base Tenant Finish Allowance. $30.00 per Rentable Square Foot of the Demised Premises ($552,300.00 total). Base Tenant Finish Allowance shall be used to pay expenses incurred in performance of Tenant's Work as defined in the Work Letter attached as EXHIBIT D hereto and shall be paid in accordance with the provisions set forth in EXHIBIT D. Any excess not used for Tenant's Work shall be credited against the next installments of Basic Rent and Additional Rent due hereunder.
Tenant Finish Allowance. In Section 1 (entitled “Tenant Finish Allowance and Costs”) of Exhibit C (entitled “Leasehold Improvements”) of the Initial Lease, all references to the Premises shall hereby be deemed to include only the Initial Premises
Tenant Finish Allowance. Landlord shall provide Tenant an allowance of $172,668.00 (“Second Amendment Allowance”) to be used for improvements to Suite 100 (the first floor portion of the Demised Premises) only. This allowance is in lieu of any and all unused allowances provided for under the existing Lease and/or First Amendment, all of which are void and of no further force or effect. Improvements Tenant desires to make shall be subject to Section 8.12 of the Original Lease, and the Second Amendment Allowance shall be paid to Tenant in accordance with Section 3.03(b) of the Work Letter attached as Exhibit D to the Original Lease. Additionally, Landlord has previously paid for one round of space planning conducted for Tenant by Communication Arts with respect to this Second Amendment.
Tenant Finish Allowance. Landlord shall provide a Tenant Finish Allowance to complete all improvements to the Leased Premises, in accordance with the plans and specifications to be mutually agreed upon, up to the sum of $23.50 per Rentable square foot (30,226 rsf) or $710,311.00. The Tenant Finish Allowance is below a “finished ceiling”. Landlord will provide window blinds, light fixtures, ceiling tile, HVAC duct extensions, diffusers and returns. The cost of the installation of these items to Tenant specifications including architectural services and permit fees shall be a part of this allowance. Tenant shall have the right to bid construction of the premises and select the contractor. A Landlord Supervisory Fee equal to two percent (2%) shall be charged and invoiced by Landlord in the event Landlord is not selected as General Contractor. In the event the Tenant finish costs exceed the Tenant Finish Allowance as described above, these additional costs shall be amortized into the Lease at an interest rate of 11% per year and not to exceed an additional $5.00 per rentable square foot.
