TI Costs. Landlord shall be responsible for the payment of design, permits and construction costs in connection with the construction of the Tenant Improvements, including, without limitation, the cost of preparing the TI Construction Drawings and the Space Plan and Landlord’s out-of -pocket expenses (collectively, “TI Costs”). Notwithstanding anything to the contrary contained herein, in no event shall Landlord be required to pay for any furniture, personal property or other non-Building system materials or equipment, including, but not limited to, Tenant’s voice or data cabling, non-ducted biological safety cabinets and other scientific equipment not incorporated into the Tenant Improvements.
TI Costs. Landlord shall be solely responsible for the payment of all design, permits and construction and related costs and expenses in connection with the construction of the Tenant Improvements, including, without limitation, the cost of preparing the TI Construction Drawings and the Space Plans and Landlord’s out-of-pocket expenses (collectively, “TI Costs”). Notwithstanding anything to the contrary contained herein, in no event shall Landlord be required to pay for any furniture, personal property or other non-Building system materials or equipment, including, but not limited to, Tenant’s voice or data cabling, non-ducted biological safety cabinets and other scientific equipment not incorporated into the Tenant Improvements (collectively “FF&E”), which FF&E shall be at Tenant’s option and cost.
TI Costs. Landlord shall be responsible for the payment of design, permits and construction costs in connection with the construction of the Tenant Improvements, including, without limitation, the cost of preparing the TI Construction Drawings, the Space Plans, the schematic drawings and the design development drawings and Landlord’s out-of-pocket expenses (collectively, “TI Costs”). Notwithstanding anything to the contrary contained herein, TI Costs shall not include (and Landlord shall not be responsible for the cost of) furniture, personal property or other non-Building system materials or equipment, including, but not limited to, Tenant’s voice or data cabling, non-ducted biological safety cabinets and other scientific equipment not incorporated into the Tenant Improvements.
TI Costs. Except as otherwise provided in Section 5(b) below, Landlord shall be responsible for the payment of design, permits and construction costs in connection with the construction of the Tenant Improvements, including, without limitation, the cost of electrical power and other utilities used in connection with the construction of the Tenant Improvements, the cost of preparing the TI Construction Drawings and the Space Plans and Landlord’s out-of-pocket expenses and all of Landlord’s project management fees (collectively, “TI Costs”). Notwithstanding anything to the contrary contained herein, in no event shall Landlord be required to pay for any furniture, personal property or other non-Building system materials or equipment, including, but not limited to, Tenant’s voice or data cabling, non-ducted biological safety cabinets and other scientific equipment not incorporated into the Tenant Improvements.
TI Costs. Landlord shall be responsible for the payment of design, permits and construction costs in connection with the construction of the Tenant Improvements, including, without limitation, the cost of preparing the TI Construction Drawings and the Space Plans, administrative rent payable to Landlord in the amount of 3% of the TI Costs for monitoring and inspecting the construction of the Tenant Improvements and Changes, and Landlord’s out-of-pocket expenses (collectively, “TI Costs”). Landlord and Texxxx xcknowledge and agree that the budget for the Tenant Improvements based on the attached Space Plan and the TI Specifications is equal to $311.67 per rentable square foot of the Premises. Notwithstanding anything to the contrary contained herein, TI Costs shall not include (and Tenant shall be responsible for the cost of) any furniture, personal property or other non-Building system materials or equipment, including, but not limited to, AV equipment, racks for switches or wall with backboard for mounting equipment, CAT6 cabling or any other tele-data cabling or infrastructure required for the availability of wifi service within the Premises, non-ducted biological safety cabinets and other scientific equipment not incorporated into the Tenant Improvements (collectively, “Excluded Items”).
TI Costs. Tenant shall pay for all costs (the “TI Costs”) associated with improving the Released Space as contemplated by the Approved Lease, including all costs and fees of contractors and their costs of work, overhead and profit, all planning, design, architectural, engineering, consulting, construction, permitting, segregation, utility segregation, connection and “tap-in” fees and costs, signage *** Confidential Treatment Requested ***Text Omitted and Filed Separately with the Securities and Exchange Commission, Confidential Treatment Requested Under 17 C.F.R. Sections 200.80(b)(4) and 240.24b-2 (including removal and installation of building signage and monument signage), as well as all other fees and costs incurred by Landlord in having plans reviewed and having the improvements inspected, tested and operational (whether incurred before or after substantial completion of the improvements), tenant improvement allowances, moving allowances, plus construction management and coordination fees to Landlord or its affiliated agent equal to the sum of (i) the product of [...***...] multiplied by the number of rentable square feet of the Released Space, plus (ii) [...***...] of all the foregoing costs related to the TI Work (and TI Costs will include no other fees to Landlord). If an Approved Lease provides for a specific tenant improvement allowance above which all TI Costs are the obligation of the New Tenant and the amount of the specific tenant improvement allowance was agreed to by Tenant (a “TIA Lease”), then Tenant will have no approval rights in connection with the TI Costs incurred in connection with the TIA Lease. Other than for TIA Leases, except for those changes that Landlord must accept under the Approved Lease and for changes necessary or appropriate to make the build-out of the Released Space feasible (including those arising out of field conditions or permitting requirements), no change may be made to any space plans that are part of the Approved Term Sheet or Approved Lease or to a construction contract that increases the TI Costs without Tenant’s approval (which approval may not unreasonably be withheld, conditioned or delayed), but Tenant may not disapprove of any changes to a space plan to the extent such disapproval is inconsistent with the provisions of an Approved Term Sheet. Tenant’s failure, within five business days after its receipt of a space plan change, bid or change order, to disapprove of the plan change, bid, or change order (which disa...
TI Costs. (a) Landlord shall utilize the Final Tenant Improvement Plans and Specifications to provide Tenant with a cost estimate of the Initial Tenant Improvements within sixty (60) days after the date of the completion of such Final Tenant Improvement Plans and Specifications, which such estimate shall in no event exceed the Maximum Net TI Costs for which the Tenant is responsible to reimburse the Landlord under Section 4.4 of this Lease. All Initial Tenant Improvements shall be done in a good and workmanlike manner employing first quality new materials and so as to conform in all material respects to applicable governmental laws, ordinances and regulations and the Plans. The Tenant Improvement Plans and Specifications may be amended and updated from time to time upon the prior written approval of the Landlord and the Tenant. The Final Tenant Improvement Plans and Specifications shall be in accordance with all applicable laws ordinances and regulations of all duly constituted authorities and any improvements shall, if applicable, be subject to the approval of the SHPO and the National Park Service.
TI Costs. TI COSTS" shall include all costs incurred in connection with the design and construction of the Tenant Improvements, including, without limitation, (i) the cost of preparing the Preliminary TI Plans, the Approved TI Plans, the TI Permit Drawings, any additional required plans or drawings, and all construction costs and equipment and installation costs. Landlord shall pay for the TI Costs.
TI Costs. Tenant acknowledges that Landlord has agreed to fund significant leasehold improvement costs pursuant to the Work Letter effective as of the date Tenant has delivered the Security Deposit to Landlord in accordance with Section 6 and thus before the Rent Commencement Date. If Tenant Defaults or repudiates this Lease before the Rent Commencement Date, in addition to Landlord’s rights and remedies under this Lease, Tenant shall be liable to Landlord for all TI Costs (as defined in the Work Letter) incurred by Landlord, other direct damages Landlord has incurred by reason of such Default or repudiation (excluding, however, consequential damages), and all other rights and remedies provided at law or in equity.
TI Costs. The terms "TI Costs" shall mean and include all costs and expenses incurred by Tenant for any or all of the following: architectural and engineering fees and costs, all building permits fees and taxes and other governmental fees and taxes required for the construction and occupancy of the Tenant Improvements. all of Tenant's contractors' and subcontractors' prices and fees for constructing the Tenant Improvements, including the cost of all partitions, utility systems, fire sprinkler systems, heating, ventilating and air conditioning systems and equipment, roof screens, electrical distribution facilities, wiring, lighting, ceilings, installations of fixtures and equipment, restrooms, carpeting, and all other improvements and alterations required to prepare the Building for occupancy by Tenant in accordance with the Final Tenant Improvement Plans. However, "TI Costs" shall not include any costs and expenses incurred (a) to remove any cabling left in the Premises by the prior tenant of the Building, (b) to repair any water leaks at the joints between the window frame and the exterior walls of the Building, (c) to repair the roof of the Building so that it is water tight, or (d) to repair the HVAC system in the Premises so that it is in good condition and repair; it being understood and agreed that Landlord shall perform such work, at no cost to Tenant, as provided in Paragraph 14 of the Lease.
