Initial Tenant Work. As set forth in Exhibit C attached hereto.
Initial Tenant Work means the installation of fixtures, improvements and appurtenances attached to or built into the applicable portion of the Premises to prepare such Premises for Tenant’s initial use and occupancy, and shall not include movable partitions, business and trade fixtures, machinery, equipment, furniture, furnishings and other articles of personal property.
Initial Tenant Work shall be constructed by Landlord in accordance with, and subject to, the provisions hereof, and shall consist of the work to be described in the Construction Documents prepared pursuant to Section 5.4. The “Substantial Completion Date” shall mean the date on which Landlord has substantially completed the Initial Tenant Work. Landlord shall use reasonable efforts to substantially complete the Initial Tenant Work on or before the date (the “Estimated Term Commencement Date”) that is the first day of the seventh (7th) calendar month following the later of (i) Landlord’s and Tenant’s mutual approval of the Construction Documents and (ii) the issuance of the building permit for all of the Initial Tenant Work. In the event that the Substantial Completion Date is delayed beyond the Estimated Term Commencement Date (other than due to a Tenant Delay, as defined below), then the “Estimated Term Commencement Date” set forth in Section 1 of the Lease shall be delayed by one day for each day of such delay by Landlord in achieving the Substantial Completion Date. In addition, Landlord shall perform the base building work described on Exhibit G attached hereto using Building standard materials (the “Base Building Work”). The cost of the Base Building Work shall be performed at Landlord’s expense. Landlord shall use reasonable efforts to substantially complete the Base Building Work on or before the Estimated Term Commencement Date. In the event that substantial completion of the Base Building Work is delayed beyond the Estimated Term Commencement Date (other than due to any request or other delay caused by an act or omission of Tenant or any person acting under Tenant that shall constitute a Tenant Delay in accordance with Section 5.11 hereof) and to the extent such delay actually delays Tenant’s commencement of occupancy of the Premises for the regular conduct of its business, then the “Estimated Term Commencement Date” set forth in Section 1 of the Lease shall be deemed to be delayed by one day for each day of such delay by Landlord in the substantial completion of the Base Building Work. For purposes hereof, “substantially complete” and “substantial completion” shall mean that the applicable work by Landlord under this Section 5.3 has been completed (including a temporary or permanent certificate of occupancy (or its equivalent) for the Permitted Use shall have been obtained and delivered to Tenant), other than Final Punchlist items to be completed in accordance with ...
Examples of Initial Tenant Work in a sentence
All repairs to and replacements of Tenant Property and any Tenant Work other than the Initial Tenant Work shall be made by and at the expense of Tenant, which work Tenant shall promptly commence as soon as practicable and thereafter prosecute diligently to completion.
Thus, if Employer has satisfied its burden of proving its entitlement to subrogation and the amount of its lien, equity will not act to limit those rights.
If the dispute is with respect to matters relating to the Base Building Work or Initial Tenant Work (“Initial Construction Disputes”), the dispute shall initially be submitted by either party to the Landlord Representative and the Tenant Representative for resolution.
By the virtue of donating NO, these drugs are speculated to reduce the CV and GI side effect of NSAIDs (195).Knights et al.
Tenant shall be solely responsible for the liabilities associated with and expenses of all architectural and engineering services relating to Tenant Work and for the adequacy, accuracy, and completeness of the Construction Documents even if approved by Landlord (and even if Tenant’s Architect has been otherwise engaged by Landlord in connection with the Base Building Work or the Initial Tenant Work).
More Definitions of Initial Tenant Work
Initial Tenant Work means the Alterations shown on the plans and specifications approved (or deemed approved) by Landlord (to the extent such approval is required hereunder) performed by Tenant in and to the Initial Premises in connection with Tenant’s initial occupancy thereof, but shall not include business or trade fixtures, machinery, equipment, furniture or other articles of personal property. Initial Tenant Work are Alterations under this Lease and shall be governed by Article 14, except to the extent of any inconsistent provisions contained in this Article 7.
Initial Tenant Work means ail Alterations (as defined in Section 8) performed, or to be performed, in or about the Premises that are required initially to put the Premises in condition suitable for Tenant’s use and occupancy. The Initial Tenant Work shall be performed by Tenant, in accordance with, and subject to, the provisions of Exhibit C attached hereto, and subject to the terms, conditions and requirements of Section 8 to the extent so provided in Exhibit C. Subject to Landlord’s obligations as expressly provided in Exhibit C. the Premises shall be leased by Tenant in their current “as is” condition and configuration without any representations or warranties by Landlord.
Initial Tenant Work means all Alterations (as defined in Section 8) performed, or to be performed, in or about the Premises that are required initially to put the Premises in condition suitable for Tenant’s use and occupancy, which consist of the work listed in the “Landlord” column and identified as “Initial Tenant Work” on the Responsibility Matrix attached as Schedule C-1 to Exhibit C attached hereto, and as depicted on the plan attached as Schedule C-3 to Exhibit C attached hereto. The Initial Tenant Work shall be performed by Landlord in accordance with, and subject to, the provisions of Exhibit C attached hereto.
Initial Tenant Work means the installation of fixtures, improvements and appurtenances attached to or built into the Premises, and shall not include movable partitions, business and trade fixtures, machinery, equipment, furniture, furnishings and other articles of personal property.
Initial Tenant Work means that certain improvement work in the Premises described in the Final Plans (as hereinafter defined) to be performed by Landlord, at Landlord’s expense up to the amount of Landlord’s Maximum Expenditure. Any additional costs of the Initial Tenant Work in excess of Landlord’s Maximum Expenditure are the sole responsibility of Tenant. Landlord shall engage architects, engineers, contractors and/or other third-party professionals selected by Landlord for the completion of the Initial Tenant Work (collectively, “Landlord’s Construction Team”). Landlord’s general contractor shall be Xxxxxxx, unless Landlord elects to use another general contractor (which other contractor shall be subject to Tenant’s reasonable approval). The Initial Tenant Work shall be completed in accordance with the Final Plans, in a good and workmanlike manner and in compliance with all applicable laws, codes and regulations affecting the Building and the Premises.
Initial Tenant Work shall be deemed to mean the Required Tenant Restoration Work, (iii) "One Million Nine Hundred Ten Thousand Four Hundred Fifty-Nine and 98/100 ($1,910,459.98)" shall be deemed to mean the entire Deposited Proceeds, and (iv) "Tenant's Soft Costs" shall be deemed to mean the soft costs incurred by Tenant in the prosecution of the Tenant Restoration Work. Sections 36.03 and 36.04 shall apply, mutatis mutandis, to the payment of the Deposited Proceeds pursuant to the foregoing provisions of this Section 19.08(a), and (B) second, together with the final disbursement of Deposited Proceeds as reimbursement for the Required Tenant Restoration Costs pursuant to the foregoing provisions, also disburse the balance, if any, of the Deposited Proceeds to Tenant.
Initial Tenant Work shall be deemed to mean the Initial Alterations (inclusive of all fixtures, improvements and appurtenances attached to or built into the Premises in accordance with Tenant's plans and specifications), and shall not include movable partitions, business and trade fixtures, office machinery, business equipment, furniture, furnishings and other articles of personal property. As used herein, "TENANT'S SOFT COSTS" shall be deemed to mean the fees and expenses of Tenant's architect and engineer incurred, in each case, with respect to the Initial Tenant Work, and the moving expenses incurred in connection with Tenant's move into the Premises.