Common use of Tenant's Improvements Clause in Contracts

Tenant's Improvements. Prior to delivery of possession of the Expansion Premises to Tenant, Landlord shall perform certain demolition work to the data center currently located in the Expansion Premises in accordance with Exhibit D-2 attached to this Amendment (the “Demo Work”). Following substantial completion of the Demo Work, Landlord shall deliver possession of the Expansion Premises to Tenant and Landlord shall thereafter cause certain improvements to be constructed to the Expansion Premises in accordance with and subject to the terms and provisions of Exhibit D-3 attached hereto, which improvements shall be at Tenant’s sole cost and expense, subject only to funding by Landlord of the Expansion Premises Finish Allowance (as defined in such Exhibit D-3) for the Expansion Premises. Without limiting the generality of the foregoing, the Expansion Premises is being leased to Tenant “as is, where is”, and without Landlord having any obligation to construct or pay for improvements thereto, except as set forth in this Amendment, including Exhibits D-2 and D-3 attached hereto.

Appears in 2 contracts

Samples: Office Lease (Alkami Technology, Inc.), Office Lease (Alkami Technology, Inc.)

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Tenant's Improvements. Prior to delivery of possession of the Expansion Premises to Tenant, Landlord shall perform certain demolition work to the data center currently located in the Expansion Premises in accordance with Exhibit D-2 attached to this Amendment (the “Demo Work”). Following substantial completion of the Demo Work, Landlord shall deliver possession of the Expansion Premises to Tenant and Landlord shall thereafter cause certain improvements to be constructed to the 11th Floor Expansion Premises in accordance with and subject to the terms and provisions of Exhibit D-3 D-1 attached hereto, which improvements shall be at Tenant’s sole cost and expense, subject only to funding by Landlord of the Expansion Premises 11th Floor Finish Allowance (as defined in Exhibit D-1 attached hereto). Tenant hereby confirms that all prior obligations of Landlord to construct improvements to the Existing Premises have been satisfied, such Exhibit D-3) that Landlord has no further obligation to construct or pay for improvements to the Expansion Existing Premises, except as expressly forth in this Amendment. Without limiting the generality of the foregoing, the 11th Floor Expansion Premises is being leased to Tenant “as is, where is”, and without Landlord having any obligation to construct or pay for improvements thereto, except as set forth in this Amendment, including Exhibits D-2 and D-3 Exhibit D-1 attached hereto.

Appears in 2 contracts

Samples: Office Lease (Alkami Technology, Inc.), Office Lease (Alkami Technology, Inc.)

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