Landlord’s TI Work definition

Landlord’s TI Work. The alterations and improvements described as the “Landlord’s TI Work” in the Work Letter (the “Work Letter”) attached to this Lease as Exhibit D.

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Landlord’s TI Work means the work to be performed by Landlord in preparing the Premises for Tenant’s occupancy, as shown on Tenant’s Approved TI Plans (as defined below) and the actual costs related thereto (but without mark-up by Landlord and specifically excluding all consultant, architect and engineering fees incurred by ▇▇▇▇▇▇), as more particularly described and provided for in the third paragraph of Section 4.2; provided that ▇▇▇▇▇▇▇▇’s TI Work shall exclude work to be performed in connection with Tenant’s data and telephone cabling, computer systems, furniture and furniture systems, office equipment (e.g. copiers) and similar items (such excluded work collectively, “Tenant Installations”).

Landlord’s TI Work means the construction of interior and exterior leasehold improvements to the Building, including but not limited to, the installation or construction of (a) interior improvements for a data center consisting of approximately 5,000 square feet,

Examples of Landlord’s TI Work in a sentence

Failure of Tenant to deliver to Landlord written notice of disapproval and specification of such required changes on or before any deadline reasonably specified by Landlord (which shall not be less than three (3) business days after delivery thereof to Tenant) shall constitute and be deemed to be a Tenant Delay to the extent Landlord is delayed in completing Landlord’s TI Work.
Promptly after Landlord provides Tenant with the Substantial Completion Certificate and completes all applicable Punch List Work for the Building, Landlord shall cause the recordation of a Notice of Completion (as defined in Section 3093 of the California Civil Code or applicable successor statute) with respect to Landlord’s TI Work in the Building.
Following completion of Landlord’s Final Working Drawings, Landlord shall apply for and use reasonable efforts to obtain the necessary permits and approvals to allow construction of all Tenant Improvements constituting Landlord’s TI Work.
Landlord shall insure the Building, Landlord’s TI Work and any Alterations during the Lease Term against loss or damage under an “all risk” property insurance policy.
At any time within thirty (30) days after delivery of such Substantial Completion Certificate, Tenant shall be entitled to submit one or more lists to Landlord supplementing such joint punch list by specifying any additional items of Punch List Work to be performed on the applicable Tenant Improvements constituting Landlord’s TI Work in the Building, and upon receipt of such list(s), Landlord shall diligently complete such additional Punch List Work.
To the extent that the Final TI Working Drawings contain any structural items, or items which would not reasonably be categorized as “normal tenant improvements” under applicable GAAP standards (the “Additional Base Building Items”), then such Additional Base Building Items shall not be constructed as a part of the Landlord’s TI Work or the Tenant Improvements, but instead will be constructed by Landlord as a part of the Landlord’s Work.
Landlord shall cause Hathaway ▇▇▇▇▇▇▇▇▇ (so long as obtaining such bid does not delay the commencement of Landlord’s TI Work), Landmark Builders and any other potential general contractors requested by Tenant and reasonably approved by Landlord to bid on general conditions and fee for construction of the Tenant Improvements and provide an estimate for the direct cost of the Tenant Improvements.
The general contractor for the Landlord’s TI Work and for Tenant’s Work (if any), which general contractor shall be mutually selected and approved by Landlord and Tenant, such approval not to be unreasonably withheld, conditioned or delayed by either party.
Upon receipt of such permits and approvals, Landlord shall, at Tenant’s expense (subject to the application of the Tenant Improvement Allowance provided in this Workletter, and subject to any other applicable provisions of the Lease or of this Workletter expressly making any specific item of expense or cost the responsibility of Landlord), diligently construct and complete Landlord’s TI Work substantially in accordance with the Approved TI Plans, subject to Unavoidable Delays and Tenant Delays (if any).
Landlord shall cause the TI General Contractor to construct Landlord’s TI Work on a cost of work plus fee basis, with a guaranteed maximum price reasonably approved by Tenant and with such fee (for overhead and profit) being limited to 2.1% of the total direct cost of construction, general conditions and insurance relating to Landlord’s TI Work.

More Definitions of Landlord’s TI Work

Landlord’s TI Work means the construction of interior leasehold improvements to the Premises, including interior lighting, electrical and HVAC distribution systems, interior partitioning, flooring, and other leasehold improvements which are not part of the core areas of the Building, in accordance with the Approved TI Plans.

Landlord’s TI Work means the construction ofthe Tenant Improvements by Landlord in accordance with the Approved TI Plans, but shall exclude any Tenant Work and any Landlord's Base Building Work. "Landlord's Work" shall mean, collectively, Landlord's Base Building Work and Landlord's TI Work. "Penalty Date" shall mean that date (applied on a phase by phase basis) which is thirty (30) days after the "Target Date", provided that the Penalty Date shall be extended one (1) day for each day of actual delay in the Substantial Completion of the Premises occurring as a result of any Force Majeure or Tenant Delays (and, by way of example only, in interpreting the effect of this extension provision, Tenant agrees that if a Tenant Delay under which Tenant failed to take a required action for two (2) days after the date it was required to be taken gives rise to delay in Substantial Completion of fifteen (15) days, for example, due to a ordering backlog or the like, the length of the Tenant Delay, and of the extension granted under this provision, shall be fifteen (15) days). In interpreting the foregoing provisions, the parties agree that it is intended that the Approved Schedule be tolled only one day for every day of actual delay experienced due to the occurrence of a delay due to Tenant Delay or Force Majeure, and that any overlapping delays (meaning any combination of Tenant Delay and Force Majeure delay relating to the same days) will not be double counted. By C-4

Landlord’s TI Work shall not include the Base Building Work. The cost of Landlord’s TI Work shall be at the sole cost of Tenant, subject to an Allowance granted by Landlord to Tenant hereunder, as more fully set forth in Paragraph 3(B), below.