Landlord’s Allowance definition

Landlord’s Allowance. A total amount equal to $976,487.50 to be paid by Landlord for the Construction Costs for the Tenant Improvements as provided in this Exhibit. Any unused portion of Landlord’s Allowance shall remain the property of Landlord, and Tenant shall have no interest in said funds.
Landlord’s Allowance. The amount of $259,035.00 to be paid by Landlord for the Construction Costs for the Tenant Improvements, which sum shall be paid directly to the contracting parties entitled to payment. Any unused portion of Landlord’s Allowance for the Tenant Improvements shall remain the property of Landlord, and Tenant shall have no interest in said funds. Notwithstanding the foregoing, following completion of the Tenant Improvements, in the event a portion of Landlord’s Allowance remains unused, then up to $37,005.00 (i.e., $5.00 for each rentable square foot of the Premises) may be utilized by Tenant for moving expenses, furniture, fixtures, equipment and/ or telecommunications or other cabling costs incurred in connection with the leasing of the Premises; provided, however that any additional unused portion shall be forfeit by Tenant and retained by Landlord.
Landlord’s Allowance. A total amount equal to $292,560.00 to be paid by Landlord for the Construction Costs for the Tenant Improvements as provided in this Exhibit. Any unused portion of Landlord’s Allowance shall remain the property of Landlord, and Tenant shall have no interest in said funds. Tenant shall have until 270 days after the Delivery Date of this Lease (the “Outside Date”) to Substantially Complete the Tenant Improvements and use the Landlord’s Allowance for payment of Construction Costs for the Tenant Improvements. If Tenant has not Substantially Completed the Tenant Improvements and complied with the requirements in this Exhibit for payment of Landlord’s Allowance by the Outside Date, Tenant shall not be entitled to any remaining unused amount of Landlord’s Allowance.

Examples of Landlord’s Allowance in a sentence

  • Any amounts in excess of the Landlord’s Allowance, save for costs which are expressly agreed by the Landlord in writing, will be for the Offeror’s account and payable upon signature of the Lease Agreement, and prior to the Landlord commencing with the Tenant Installation Project.

  • The Landlord’s Allowance in respect of the Tenant Installation Project shall be limited to the amount recorded above.

  • Tenant shall pay for all costs of the construction of the Tenant Improvements in excess of Landlord’s Allowance (the “Excess Cost”).

  • Landlord, with Tenant’s cooperation, shall cause to be made any change in the Construction Plans necessary to obtain the building permit and to the extent the aggregate amount of the Construction Costs exceeds the amount of Landlord’s Allowance, Tenant shall be responsible for such additional costs, notwithstanding the amount previously specified in the Construction Budget approved by Landlord and Tenant.

  • The Construction Budget shall not be subject to the prior written approval of Tenant, unless the estimated Construction Costs exceed the amount of Landlord’s Allowance.


More Definitions of Landlord’s Allowance

Landlord’s Allowance. [Exhibit C] $1,414,950.00 Tenant’s Address for Notices: [Section 9.2] CONNECTURE, INC. 00000 X. Xxxxxxxxx Xxxxx, Xxxxx 000 Xxxxxxxxxx, XX 00000 Attention: Chief Financial Officer Telecopier No.: (000) 000-0000 with copies to: CONNECTURE, INC. 00000 X. Xxxxxxxxx Xxxxx, Xxxxx 000 Xxxxxxxxxx, XX 00000 Attention: General Counsel Telecopier No.: 262.432.0075 and Xxxxxxxx Xxxxxxx van Deuren s.c. 0000 X. Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxx, XX 00000 Attention: Xxxx Xxxxxx Telecopier No.: (000) 000-0000, Attn.: Xxxx Xxxxxx Landlord’s Address for Notices: [Section 9.2] XX 00 XXXXX XXXXX LLC c/o Lincoln Property Company 000 X. XxXxxxx Street, Suite 1750 Chicago, Illinois 60602 Attention: Xxxxxxx Xxxxxxxxx Telecopier No.: (000) 000-0000 with a copy to: Holland & Knight LLP 000 X. Xxxxxxxx St. 30th Floor Chicago, Illinois 60603 Attention: Xxxxx X. Xxxxx Telecopier No.: (000) 000-0000 Landlord’s Address for Payment of Rent: [Section 3.7] XX 00 Xxxxx Xxxxx LLC 00000 Xxxxxxxxxxx Xxxxxx Xxxxx Xxxxxxx, XX 00000-0000
Landlord’s Allowance. Not to Exceed: $24,120.00
Landlord’s Allowance means an amount not to exceed Two Hundred Seventy-Nine Thousand Two Hundred Dollars ($279,200) (i.e., $10 per usable square foot of the Premises) which shall be paid by Landlord towards the Total Cost, and, at Tenant's request, a portion of such amount not to exceed One Hundred Thirty-Nine Thousand Six Hundred Dollars ($139,600) (i.e., $5 per usable square feet of the Premises) shall be paid by Landlord towards reimbursement of Tenant's actual, incurred costs for non-Building improvements for the Premises such as telecommunications cabling and related wiring within the Premises and furniture and equipment for or with respect to the Premises. Landlord shall provide, at Tenant's request to be made by delivery of written notice to Landlord prior to the Commencement Date, an additional amount not to exceed One Hundred Thirty-Nine Thousand Six Hundred Dollars ($139,600) (i.e., $5 per usable square foot of the Premises) towards the cost of the Total Cost which Tenant shall repay to Landlord, plus 9.5% per annum, in equal monthly installments commencing on the Commencement Date, amortized over the initial Term of the Lease, which payments shall be made at the same time and in the same manner as the monthly Base Rent. Landlord shall pay for the construction and installation of the Tenant Improvements up to but not in excess of the Landlord's Allowance. Tenant shall pay the cost of all Tenant Improvements in excess of the Landlord's Allowance. The cost of Tenant Improvements shall include the cost of all labor and materials for the construction and installation of the Tenant Improvements; the cost of all permits, licenses, and fees; all amounts paid to Tenant's contractors under and pursuant to contracts for the construction and installation of the Tenant Improvements; all architectural, engineering, space planning, and other consultants' fees; all amounts paid for mechanical drawings, plans, specifications, shop drawings, designs, and layouts; and incidental costs related to the foregoing. By no later than ten (10) days after the parties' execution of the Lease, Landlord, Tenant and an escrow holder to be mutually approved by Landlord and Tenant ("Escrow Holder"), shall enter into an escrow agreement in form and content satisfactory to all such parties ("Escrow Agreement"). Within three (3) business days after the execution of the Escrow Agreement, Landlord shall deliver into an interest bearing account to be established by Escrow Holder ("Escrow Account"), the am...
Landlord’s Allowance means $25.50 per rentable square foot of the Premises (a total of $545,649.00) to be used solely for Leasehold Improvements to the Premises including Schematic Plans, Construction Documents, permit fees, construction supervision fee, construction of work above the ceiling grid and all slab to slab improvements to the Premises (i.e. HVAC, sprinklers, lighting, ceiling grid and acoustical tiles, etc.). Tenant acknowledges and agrees that Landlord may, in its discretion, allocate the Landlord's Allowance towards the payment of certain of the Leasehold Improvements, which allocation shall be made in the construction contract.
Landlord’s Allowance means: $65.00 multiplied by the rentable square feet in the Premises as set forth in Section 1.1B, subject however, to the terms and conditions set forth in Exhibit B.
Landlord’s Allowance means $18.00 per rentable square foot ($233,856.00) for the Third Expansion Space, an additional $4.00 per rentable square foot for the Second Expansion Space ($9,532.00) and $4.00 per rentable square foot for that portion of the Premises located on the 2nd floor of the Building ($225,952.00) plus $20,000 towards the cost of installing an elevator in the Premises for a total of $489,340.00. In addition, Tenant may utilize the Landlord’s Allowance described in Second Amendment for Leasehold Improvements within that portion of the Premises located on the first floor of the Building.
Landlord’s Allowance. The amount of $178,800.00 to be paid by Landlord for the Construction Costs for the Tenant Improvements, which sum shall be paid directly to the contracting parties entitled to payment. Any unused portion of Landlord’s Allowance for the Tenant Improvements shall remain the property of Landlord, and Tenant shall have no interest in said funds. Notwithstanding the foregoing, following completion of the Tenant Improvements, in the event a portion of Landlord’s Allowance remains unused, then up to $12,000.00 of such unused Landlord’s Allowance may be utilized by Tenant for moving expenses or telecommunications or other cabling in the Temporary Space and in the Expansion Premises and in connecting the same to the Original Premises; provided, however that any additional unused portion shall be forfeited by Tenant and retained by Landlord. If Tenant is permitted and has elected to use a portion of Landlord’s Allowance for cabling and/or moving costs as provided above, then the payment of such portion of Landlord’s Allowance shall be made by Landlord within thirty (30) days after Landlord’s receipt of written request from Tenant, together with reasonable supporting documentation of such costs; provided that such funds have not already been advanced or allocated as part of the Landlord’s Allowance for the Tenant Improvements.