Examples of Additional TI Allowance Payment in a sentence
Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof.
In the event Tenant exercises its right to use all or any portion of the Additional TI Allowance, Tenant shall be required to pay Landlord, commencing on the date the Tenant Improvements are completed (the "Additional Payment Commencement Date"), the "Additional TI Allowance Payment," as that term is defined below, in consideration of Landlord provision of the Additional TI Allowance.
Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment in the form of Exhibit G attached to the Lease, to confirm the amount thereof.
Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment in the form of Exhibit G attached hereto, to confirm the amount thereof.
Following the calculation of the Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment in the form of Exhibit H attached hereto, to confirm the amount thereof.
For avoidance of doubt, Sublessee shall not be required to pay for any Additional TI Allowance Payment payable under the Master Lease.
The Additional TI Allowance Payment shall not be subject to annual Base Rent increases.
Following the calculation of the First Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment in the form of Exhibit G attached hereto, to confirm the amount thereof.
As a result of Xxxxxx's use of the Utilized Additional TI Allowance, beginning on July 1, 2023 and continuing on the first (1st) day of each month for the remainder of the Lease Term, and in addition to the obligations of Tenant for Base Rent and other amounts due and owing under the Lease, Tenant shall pay to Landlord the sum of $50,433.27 as the Additional TI Allowance Payment, which represents the amount of the Utilized Additional TI Allowance amortized over the remaining Lease Term at 8.5% per annum.
Following the calculation of the Second Additional TI Allowance Payment, Landlord and Tenant will enter into a lease amendment to confirm the amount thereof.