TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance (the “TI Allowance”) of $15 per rentable square foot of the Premises, or $128,415 in the aggregate. The TI Allowance shall be disbursed in accordance with this Work Letter. Tenant shall have no right to the use or benefit (including any reduction to or payment of Base Rent) of any portion of the TI Allowance not required for the construction of (i) the Tenant Improvements described in the TI Construction Drawings approved pursuant to Section 2(d), (ii) any Changes pursuant to Section 4, or (iii) the installation of Tenant’s signage on the Monument Sign.
Appears in 3 contracts
Samples: Lease Agreement (Avidity Biosciences, Inc.), Lease Agreement (Avidity Biosciences, Inc.), Lease Agreement (Avidity Biosciences, Inc.)
TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance (the “TI Allowance”) of $15 145.00 per rentable square foot of the Premises, or $128,415 in the aggregate. The TI Allowance shall be disbursed in accordance with this Work Letter. Tenant shall have no right to the use or benefit (including any reduction to or payment of Base Rent) of any portion of the TI Allowance not required for the construction of (i) the Tenant Improvements described in the TI Construction Drawings approved pursuant to Section 2(d), (ii) any Changes pursuant to Section 4, 4 or (iii) the installation construction of Tenant’s signage on the Monument SignVivarium.
Appears in 2 contracts
Samples: Lease Agreement (Ambrx Biopharma Inc.), Lease Agreement (Ambrx Biopharma Inc.)
TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance (the “TI Allowance”) of $15 162.00 per rentable square foot of the Premises, or $128,415 3,502,602 in the aggregate. The TI Allowance shall be disbursed in accordance with this Work Letter. Tenant shall have no right to the use or benefit (including any reduction to or payment of Base Rent) of any portion of the TI Allowance not required for the construction of (i) the Tenant Improvements described in the TI Construction Drawings approved pursuant to Section 2(d), ) or (ii) any Changes pursuant to Section 4, or (iii) the installation of Tenant’s signage on the Monument Sign.
Appears in 2 contracts
Samples: Lease Agreement (Revolution Medicines, Inc.), Sublease Agreement (Revolution Medicines, Inc.)
TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance (the “TI Allowance”) of $15 75.00 per rentable square foot of the Premises, or $128,415 841,350 in the aggregate. The TI Allowance shall be disbursed in accordance with this Work Letter. Tenant shall have no right to the use or benefit (including any reduction to or payment of Base Rent) of any portion of the TI Allowance not required for the construction of (i) the Tenant Improvements described in the TI Construction Drawings approved pursuant to Section 2(d), ) or (ii) any Changes pursuant to Section 4, or (iii) the installation of Tenant’s signage on the Monument Sign.
Appears in 1 contract
Samples: Lease Agreement (AVROBIO, Inc.)
TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance (the “TI Allowance”) of $15 180 per rentable square foot of the Premises, or $128,415 3,075,660 in the aggregate. The TI Allowance shall be disbursed in accordance with this Work Letter. Except as otherwise provided in Section 5(c) below, Tenant shall have no right to the use or benefit (including any reduction to or payment of Base Rent) of any portion of the TI Allowance not required for the construction of (i) the Tenant Improvements described in the TI Construction Drawings approved pursuant to Section 2(d), ) or (ii) any Changes pursuant to Section 4, or (iii) the installation of Tenant’s signage on the Monument Sign.
Appears in 1 contract
Samples: Sublease (Kura Oncology, Inc.)
