Improvements Allowance definition

Improvements Allowance the product of Sixteen and 50/100 Dollars ($16.50) multiplied by the rentable area of the Premises.

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Improvements Allowance. A sum equal to $1,597,480.00.

Improvements Allowance. $123,510 (the product of Fifteen Dollars ($15.00) multiplied by the rentable area ofthe Premises). 1.11 Landlord Notice Address: c/o Columbia Property Trust, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, Attention: Asset Manager of West Region. 1.12 Landlord Payment Address: Via Mail 7 Columbia REIT University Circle, L.P. PO. ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇-▇▇▇▇ Via Overnight Delivery JPMorgan Chase 2710 Media Center Drive, ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇ # ▇▇▇ Los Angeles, CA 90065 Attn: Columbia REIT — University Circle, L.P. #100730 Via Wire Bank Name ilP. ▇▇▇▇▇▇ ▇▇▇▇▇ Bank Address ~ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ ABA #▇▇▇▇▇▇▇▇▇ Wires & ACH Swift Code (International Wires): CI-IASU33 ~ 7 Account Name Columbia REIT University Circle, L.P. Account # 230 531 954 REF: To be provided by Tenant At Landlord’s option upon at least thirty (30) days written notice, Tenant shall make all payments by means of electronic transfer of funds or in such other customary and standard manner as Landlord may from time to time specify in writing. 1,13 Lease Commencement Date: October 1, 2018. 1.14 Lease Term: Fifty—seven (57) months, subject to Section 3.1. 1.15 [Intentionally Omitted].

Examples of Improvements Allowance in a sentence

• All Tenant Improvements for which the Tenant Improvements Allowance has been made available shall be deemed Landlord’s property under the terms of the Lease.

• Tenant shall be entitled to utilize the Tenant Improvements Allowance to pay for the cost of any improvements required by ADA that are triggered by the construction of the Tenant Improvements.

• Landlord may, but shall not be obligated to, approve any Tenant Change on the condition that Tenant shall pay in full, in advance (or cause to be paid in full from the Tenant Improvements Allowance), any and all additional costs or expenses associated with the approval of said Tenant Change.

• Tenant hereby acknowledges and agrees that Tenant shall be responsible for all costs associated with the Tenant Improvements to the extent the same exceed the Tenant Improvements Allowance (notwithstanding the content of the Cost Proposal).

• Landlord shall provide to Tenant the Leasehold Improvements Allowance set forth in Exhibit A, which shall be paid and used in accordance with the provisions of the Work Letter attached to this Lease as Exhibit E.

• Any damage to the Premises caused by Tenant's move-in shall be repaired or corrected by Tenant, at its sole cost and expense, which repair or corrective work shall not be paid for out of the Tenant Improvements Allowance.

• Should the actual cost of planning and constructing those Tenant Improvements depicted on the Final Plans and Specifications be less than the Tenant Improvements Allowance, the Tenant Improvements Allowance shall be reduced to an amount equal to said actual cost.

• The Tenant Improvements are described on the allocation of responsibility attached as Attachment 2 (the “Base TI Requirements”), and Landlord and Tenant acknowledge and agree that the Tenant Improvements Allowance shall be utilized subject to and pursuant to this Tenant Work Letter to construct the Tenant Improvements as described in the Base TI Requirements.

• To the extent that there is no remaining unutilized Tenant Improvements Allowance, the Over-Allowance Amount shall be adjusted for any Tenant Change.

• The Tenant Improvements Allowance shall be the maximum contribution by Landlord for the Tenant Improvements Cost.

More Definitions of Improvements Allowance

Improvements Allowance the product of Forty-one and 50/100 Dollars ($41.50) multiplied by the RSF of the Premises.

Improvements Allowance. [as defined in Section 3(b) of Exhibit C to the Lease] is hereby increased by Eight Hundred Sixty-Five Thousand Four Hundred Twenty-Two and 00/100 Dollars ($865,422.00) (the "Supplemental Allowance") to Two Million Six Hundred Fifty-One Thousand Eight Hundred Eighty-One and 00/100 Dollars ($2,651,881.00). It is expressly understood and agreed that the time period for Tenant to utilize the Supplemental Allowance shall be extended until December 31, 2000.

Improvements Allowance means, for the purpose of this Lease, an amount equal to the lesser of (A) the Construction Cost, and (B) the Maximum Improvements Allowance (as hereinafter defined).