Definition of Costs of Tenant Improvements


Costs of Tenant Improvements means the design and architectural costs to prepare the Tenant Plans, costs of all labor and materials, costs for removal of all construction debris, general contractor's fees and any permit or license fees necessary for completion of construction of Tenant Improvements and shall include the construction management and supervisory fee described in Section 7 above. Landlord shall be under no obligation to apply any portion of the Improvement Allowance for any purposes other than as provided in this Exhibit B, except that Tenant may utilize up to $79,705.00 of the Improvement Allowance towards Tenant's costs associated with the purchase and installation of furniture systems and wiring infrastructure in the Premises, nor shall Landlord be deemed to have assumed any obligations, in whole or in part, of Tenant to any contractors, subcontractors, supplier, workers or material men. Landlord shall be under no obligation to disburse any remaining portion of the Improvement Allowance if (i) there is a Default of Tenant under the Lease at the time of request of such disbursement or at the time such disbursement is due from Landlord or (ii) any disbursement request is received after (x) December 1, 2008 with respect to the Improvement Allowance set forth in Section 9(a) hereof and (y) after September 30, 2011, with respect to the Additional Improvement Allowance set forth in Section 9(b) hereof, and Tenant shall not thereafter be entitled to any such undisbursed portion of the Improvement Allowance. Additionally, if the Lease has terminated on or prior to the Additional Improvement Allowance Date, Landlord shall be under no obligation to disburse any of the Additional Improvement Allowance.
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Examples of Costs of Tenant Improvements in a sentence

Costs of Tenant Improvements in Excess of Landlord's Maximum Contribution.
Costs of Tenant Improvements shall include, without limitation, construction costs for furniture, telecommunications equipment, soft costs and any other costs designated in writing by Tenant not to exceed, in the aggregate, the sum of the Base Tenant Improvement Allowance, the Additional Tenant Improvement Allowance and costs of Change Orders, as defined below (collectively "Tenant Improvement Costs").
Costs of Tenant Improvements shall include, without limitation, construction costs for furniture, telecommunications equipment, soft costs and any other costs designated in writing by Tenant not to exceed, in the aggregate, the sum of the Base Tenant Improvement Allowance, the Additional Tenant Improvement Allowance and costs of Change Orders, as defined below (collectively "Tenant linprovement Costs").
Costs of Tenant Improvements shall include, without limitation, construction costs for furniture, telecommunications equipment, soft costs and any other costs designated in writing by Tenant not to exceed, in the aggregate, the sum of the Base Tenant Improvement Allowance, the Additional Tenant Improvement Allowance and costs of Change Orders, as defined below (collectively 'Tenant Improvement Costs!).
Costs of the Tenant Improvements payable from the Tenant Improvement Allowance shall be advanced as provided in Paragraph 4.8. Costs of Tenant Improvements in excess of the Tenant Improvement Allowance shall be paid as provided in Paragraph 4.2. Ex. C 8 4.7 Landlord Approvals.