Finish Out Work definition
Examples of Finish Out Work in a sentence
Further in the event Tenant’s entry in Suite 250 shall cause a delay in commencement or completion of construction of the Finish Out Work and shall result in the increase in the cost to Landlord, Tenant shall be responsible for all costs and expenses in connection with such delay and Landlord shall not be charged with any delay whatsoever as a result thereof.
The Finish Out Work shall be deemed to be substantially completed upon the issuance of a temporary certificate of occupancy for the Suite 250.
The $55,000 applied to the Finish Out Work in Suite 250 will include the hard construction costs, and 50% of all soft costs, including architectural fees, construction management fees and asbestos survey.
It is understood and agreed that fifty percent (50%) of the cost (including the cost of preparation of the Approved Construction Documents) relating to or in connection with the Finish Out Work which exceeds the Tenant Allowance shall be paid by Tenant to Landlord within five (5) business days after written demand, and the remaining fifty percent (50%) shall be paid by Tenant to Landlord upon completion of the Finish Out Work.
Landlord shall grant approval to Tenant and its agents to enter the Leased Premises prior to completion of the Finish Out Work and at times satisfactory to and approved in advance by Landlord.
It is understood and agreed that all costs (including the cost of preparation of the Approved Plans and Specifications) relating to or in connection with Finish Out Work which exceeds the Tenant Allowance shall be paid by Tenant to Landlord within ten (10) days after written demand therefor.
The Landlord will pay for any costs for the Finish Out Work in Suite 250 above the $55,000 as long as Tenant does not make any material changes to the Approved Space Plan.
It is also understood that in the event the cost of the Finish Out Work shall be less than the Tenant Allowance, Tenant may use such remaining funds to pay for its relocation costs.
It is also understood that in the event the cost of the Finish Out Work is less than the Tenant Allowance, Tenant may use such remaining funds to pay for improvements and/or refurbishing of the Existing Space.
Landlord shall contribute toward the cost of the Finish Out Work in an amount not to exceed the Tenant Allowance.