Landlord’s Contribution definition

Landlord’s Contribution. As defined in Section 1.1.

Landlord’s Contribution. Subject to Section 3.4 below, Seven Million Two Hundred Six Thousand Six Hundred Thirty-Nine and 30/100 Dollars ($7,206,639.30)

Landlord’s Contribution means $19,546,080.00 (i.e., $240.00 per rentable square foot of the Premises).

Examples of Landlord’s Contribution in a sentence

• Landlord’s Contribution shall be payable solely on account of hard construction costs, labor directly related to Tenant’s Work, materials delivered to the Leased Premises, and soft costs in connection with Tenant’s Work including archixxxxxxal and engineering fees and costs to obtain permits in connection with Tenant’s Work.

• Excepting only Landlord’s Work, Landlord’s Contribution, Landlord’s Plans Contribution xxx Xxxdlord’s Additional Contribution, Tenant shall, at its own cost and expense, in accordance with and subject to the terms and provisions of this Lease, perform or cause to be performed any and all Tenant’s Work.

• Unless otherwise paid for through the Landlord’s Contribution under the Lease, Tenant shall reimburse Landlord for the costs of Landlord’s First Floor Premises Work within thirty (30) days of receipt of billing from Landlord.

• Except for performance of Landlord’s Work, Landlord’s Contribution, Landlord’s Plans Contribution xxx Xxxdlord’s Additional Contribution, if applicable, Landlord has no obligation to perform any work, supply any materials, incur any expense or make any alterations, additions or improvements to the Leased Premises in order to prepare the Leased Premises for Tenant’s use and occupancy.

• Upon the complxxxxx of Tenant’s Work for and satisfaxxxxx of the conditions set forth herein, or upon the occurrence of the date which is twelve (12) months after the Rent Commencement Date, any amount of the applicable Landlord’s Contribution which has not been previously requisitioned by Tenant shall be retained by Landlord and Tenant shall have no further right or claim thereto.

More Definitions of Landlord’s Contribution

Landlord’s Contribution an amount calculated pursuant to Section 31.1(a).

Landlord’s Contribution means the payment or payments to be made by the Landlord to the Tenant in accordance with the provisions of clause 12;

Landlord’s Contribution shall have the meaning given to it in the Basic Lease Information Section hereof.

Landlord’s Contribution means $1,696,375.00 (i.e., $125.00 per rentable square foot of the Premises). At least eighty percent (80%) of the total amount of Landlord’s Contribution requisitioned by Tenant must be for hard costs incurred by Tenant, including architectural and mechanical, electrical and plumbing services. The balance of the Landlord’s Contribution may be applied toward soft costs, including without limitation consultant fees; the installation of a security system; the installation of furniture, fixtures and equipment; and telephone and data cabling costs. The Costs of Tenant’s Work shall not include costs arising from an Event of Default or from any facts or circumstances that could become an Event of Default, such as legal fees or bonding costs arising in connection with a mechanic’s lien placed on the Premises or Tenant’s interest therein. Tenant shall be entirely responsible for any excess. Landlord’s Contribution shall be payable by Landlord to Tenant (or, at Tenant’s election, directly to Tenant’s contractor) upon written requisition to Landlord in monthly installments, as provided below, according to reasonable construction disbursement procedures and as Tenant’s Work progresses. In any case, prior to payment of any such installment Tenant shall deliver to Landlord a written request, which request shall be given no more frequently than once every thirty (30) days, for such disbursement, which shall be accompanied by: (i) invoices for Tenant’s Work covered such requisition; (ii) copies of partial lien waivers or final lien waivers (in the case of a final installment); (iii) a certificate signed by the Tenant’s architect certifying that Tenant’s Work represented by the aforementioned invoices has been completed substantially in accordance with the Approved Plans; (iv) a certificate of substantial completion and as-built plans for Tenant’s Work (in the case of a final installment); and (v) all other information and materials reasonably requested by Landlord. Landlord shall pay each required installment within thirty (30) days of receiving the materials enumerated in the previous sentence. Each installment by Landlord will be in the amount of Landlord’s pro-rata share based on the ratio of Landlord’s Contribution to the total Cost of Tenant’s Work (as evidenced by reasonably detailed documentation delivered to Landlord with the requisition first submitted by Tenant), less a retainage equal to the retainage set forth in the construction contract, but in no event sha...

Landlord’s Contribution shall be equal to the lesser of: (a) the actual cost of the Third Amendment Premises Work (the “Cost”) or (b) the Allowance. For purposes of this paragraph, “Cost” shall include all so-called hard and soft costs and expenses, including, without limitation, space planning, permits and approvals, construction documents, and construction associated with the Third Amendment Premises Work, and the cost of furniture, workstations, cabling, telecommunications, architectural, engineering and project management fees, fixtures, equipment, and moving costs, but excluding the Additional Eighth Floor Premises demolition costs, which shall be paid for by Landlord as provided in Section 11(C). If the Cost of the Third Amendment Premises Work exceeds the Allowance, Tenant shall be responsible for the payment of all such excess.

Landlord’s Contribution. Up to a maximum of $393,750.00, as more particularly set forth in Article 5 of this Lease.

Landlord’s Contribution. Landlord shall extend to Tenant an allowance of $25.00 per square foot of Net Rentable Area contained within the Leased Premises. Said Landlord’s Contribution is to be used for leasehold improvements, architectural and engineering fees, including cabling for data and telecommunications and/or construction management fees, signage, security, audio/visual equipment and up to $3.00 per foot for relocation costs and furniture purchases. A construction management fee shall be payable to Landlord in the amount of one and one-half percent (11/2%). Tenant may employ its own construction management representative at Tenant’s sole cost and expense. All portions of the Landlord’s Contribution other than payments to Tenant Contractor shall be paid by Landlord to Tenant, or at Tenant’s election, to Tenant’s vendors within twenty (20) days after submission by Tenant to Landlord of an invoice, together with supporting documentation therefor.