Common use of Tenant Improvements Allowance Clause in Contracts

Tenant Improvements Allowance. Landlord shall provide Tenant an allowance ----------------------------- for the Tenant Improvements Costs (the "Tenant Improvements Allowance"), in ----------------------------- an amount equal to the lesser of (i) $17.00 multiplied by the Leasable Square Footage of the Office Space or (ii) the actual amount of the Tenant Improvements Costs. In the event that the Tenant Improvements Allowance exceeds $12.00 multiplied by the Leasable Square Footage of the Office Space, then the Base Rent for the Office Space shall be increased so as to amortize such excess over the Initial Term with interest at the rate of 10% per annum. All Tenant Improvements Costs in excess of the Tenant Improvements Allowance shall be paid by Tenant as part of Tenant's Contribution.