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.