Tenant Improvement Allowances. Xxxxxx previously exhausted the prior "Tenant Improvement Allowance" under the Lease. Subject to compliance with all terms and conditions of this Lease, Lessor shall provide Lessee with three (3) separate Tenant Improvement Allowances as follows: (i) One Hundred Thousand Dollars ($100,000.00) between July 1, 2023 and July 1, 2024; (ii) One Hundred Fifty Thousand Dollars ($150,000.00) between December 15, 2023 through December 15, 2024; and (iii) Two Hundred Fifty Thousand Dollars ($250,000.00) between December 15, 2024 and December 15, 2025 ("Tenant Improvement Allowance"). Xxxxxx agrees there is only a Total Tenant Improvement Allowance in the amounts set fo1th above and such Total Tenant Improvement Allowance may be utilized by Tenant between all Leased Premises. For Lessor to be responsible for reimbursement of any of the three (3) Tenant Improvement Allowances: (i) the Tenant shall submit to Lessor all final and paid receipts, lien releases, proof of payment, itemized proposals, contracts and any other reasonably required paperwork ("Paperwork") with written notice to Lessor requesting reimbursement for the applicable Tenant Improvement Allowance installment and (ii) the applicable Tenant Improvement Allowance must be utilized by Lessee prior to submission of paperwork and the submission of Paperwork required by Lessor shall be submitted to Lessor within the applicable time period set forth above, otherwise any remaining amount of the Tenant Improvement Allowance of the applicable time period shall be waived by Lessee. Lessor will reimburse Lessee within thi1ty (30) days of Xxxxxx's receipt of the request and Paperwork the portion of the Tenant Improvement Allowance supported thereby, not to exceed the applicable Tenant Improvement Allowance installment. There shall be no right by Lessee to carry over any remaining amount of the Tenant Improvement Allowance from one period to the next period set forth above. Lessor shall have no duty or obligation to fund any Tenant Improvement Allowance if Lessee is monetary or material nonmonetary default of the Lease or Other Leased Premises (defined below) at the time of submission of the request for reimbursement. Lessee warrants, represents and agrees that the Tenant Improvement Allowances set forth above shall only be used for the costs related to actual physical improvements to, and as approved by Lessor or as recommended or required by Applicable Requirements to only the Premises or to 000 Xxxxxxxxx Xxxxxxx, X...
Tenant Improvement Allowances. A. The term "
Tenant Improvement Allowances. Tenant improvement allowances and/or tenant improvement costs which the landlord is responsible to pay to a Tenant or reimburse to a Tenant under its Lease. 77.
Tenant Improvement Allowances. Schedule 7.32 attached hereto sets forth a true and complete summary of all Tenant Improvement Allowances currently provided for in the Leases; provided that Schedule 7.32 shall be subject to update as Approved Leases are executed.
Tenant Improvement Allowances. There are no tenant improvement allowances, tenant improvement obligations of Landlord, leasing commissions and/or rent concessions with respect to any of the Leases.
Tenant Improvement Allowances. The TI Allowance is hereby increased to Three Hundred Eight Thousand Three Hundred Forty Dollars ($308,340), and the Additional TI Allowance is hereby increased to Four Hundred Eleven Thousand One Hundred Twenty Dollars ($411,120).
Tenant Improvement Allowances. Tenant improvement allowances and miscellaneous leasing costs in the amount set forth on Schedule "1" attached hereto. In the event the cost of tenant improvements and miscellaneous leasing costs to be paid by the Landlord exceed such amount, then Seller shall pay such excess costs. Seller may pay such cost by reducing the disbursement to which Seller would otherwise be entitled under the Escrow and Leasing Agreement.
Tenant Improvement Allowances. The Manager shall be responsible for collecting and administering tenant improvement allowances and similar amounts received from landlords with respect to the Securitized Leases and the New Securitized Leases. Any such amounts received from landlords will be collected and maintained in one or more accounts by the Manager, and shall be utilized by the Manager as required by the relevant Securitized Lease or for improvements, renovations or other capital expenditures in respect of real property subject to the Securitized Leases and the New Securitized Leases or, to the extent any such funds represent a reimbursement of such expenditures previously made by the Manager, may be retained by the Manager. The Manager shall administer such amounts in accordance with the Managing Standard.
Tenant Improvement Allowances. (1) Loans shall be made to Borrower in connection with Tenant Improvement Allowances as the same shall be payable pursuant to Approved Leases.
Tenant Improvement Allowances. The following allowances shall be paid for by Landlord for Tenant's desired improvements:
