Non-Material Alterations definition
Examples of Non-Material Alterations in a sentence
Tenant shall not be required to obtain Landlord’s prior approval, to use a specific contractor, or to furnish performance bonds or completion guaranties for Non-Material Alterations; provided, Landlord reserves the right to require that Tenant remove any Non-Material Alterations upon the expiration or earlier termination of this Lease and restore any resulting damage to the Building, upon written notice to Tenant at least one hundred eighty (180) days prior to the end of the Lease Term.
Except for the initial Tenant Improvements and Non-Material Alterations (as defined below), Tenant shall not make alterations in or to the Leased Premises unless and until Landlord has approved the plans therefor and the general contractor that will be engaged by Tenant to perform such alterations.
As respects all Alterations other than Non-Material Alterations, Tenant shall either (i) arrange for Landlord to perform the work on terms and conditions acceptable to Landlord and Tenant, each in its sole discretion or (ii) use contractors approved by Landlord in writing in advance (which approval shall not be unreasonably withheld).
The “Non-Material Alterations Cap” means an aggregate of $100,000 per full floor of the Premises for all Non-Material Alterations performed by Tenant in any rolling 12-month period, Subject to CPI Increases (as hereinafter defined).
Tenant shall pay all costs and expenses incurred in connection with such Non-Material Alterations, including the cost of any space plans and architectural fees.
Landlord's review of Tenant's plans and specifications for any Non-Material Alterations shall be limited to a determination as to whether, in Landlord's reasonable judgment, the proposed Alteration is in fact a Non-Material Alteration.
Lessee shall pay to Lessor upon demand a review fee in the amount of Lessor’s actual costs incurred to compensate Lessor for the cost of review and approval of the plans and specifications and for additional administrative costs incurred in monitoring the construction of the alterations (other than Non-Material Alterations).
Notwithstanding anything to the contrary contained herein, Lessee shall have the right to make alterations or physical additions to the Leased Premises that (i) are non-structural and do not materially adversely affect any Building systems (i.e. HVAC, sprinkler main or riser systems) or improvements, (ii) are not visible from the exterior of the Leased Premises, and (iii) the cost of which does not exceed $20,000, ("Non-Material Alterations") without the need for Lessor's prior consent.
Along with any request for Landlord’s consent, when required, and in any event before undertaking any Non-Material Alterations or Material Alterations, Tenant will deliver to Landlord plans and specifications for the Alterations and names and addresses of all prospective contractors for the Alterations.
Tenant may make any other change, alteration, addition or improvement to the Demised Premises (“Non-Material Alterations”; Non-Material Alterations and Material Alterations are sometimes hereinafter collectively referred to as “Alterations”) without Landlord’s prior written consent, and subject to the applicable requirements of this Lease, provided that Tenant shall give prompt written notice to Landlord that Tenant has made, or plans to make, any Non-Material Alterations.