Space Plan Allowance definition

Space Plan Allowance will have the meaning set forth in Section 17.7.3

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Space Plan Allowance has the meaning given such term in Section 6.1 of Exhibit B to this Lease.

Space Plan Allowance means the amount of One Hundred Ten Thousand Two Hundred Fourteen Dollars ($110,214.00)." Section 6.1 (e) is deleted in its entirety and substituted in its plaice is the following:

Examples of Space Plan Allowance in a sentence

The Space Plan Allowance shall not be deducted from the Tenant Improvement Allowance.
Following Landlord’s receipt of such invoices, Landlord shall within thirty (30) days thereafter pay Tenant for the amount requested in such invoice; provided in no event shall Landlord be obligated to make disbursements for the Space Plan in an amount which exceeds the Space Plan Allowance.
In the event that the fees and costs payable by Tenant to its space planner in connection with preparation of the foregoing space plans is, for any reason, less than the full amount of the Space Plan Allowance, then Tenant shall not be entitled to receive any such difference.
Tenant may submit invoices to Landlord for payment of the Space Plan Allowance to reimburse Tenant or to pay Tenant’s Architect directly (if so requested by Tenant) for the Space Plan prepared by Tenant’s Architect.
The Space Plan Allowance shall be subject to all the terms and conditions of this Lease applicable to the Improvement Allowance, including without limitation Section 5 below with respect to Landlord’s receipt of satisfactory documentation before funding any portion of the Space Plan Allowance and Tenant’s forfeiture of any Space Plan Allowance not utilized on or before October 1, 2017.
Tenant may submit invoices to Landlord for payment of the Space Plan Allowance to reimburse Tenant or to pay Tenant's Architect directly (if so requested by Tenant) for the Space Plan prepared by Tenant's Architect.
At Tenant’s option, Landlord shall make payment of the Space Plan Allowance, or any portion thereof, directly to the service provider(s), in which event, Landlord shall pay the service provider(s) in question within such 30-day period and the invoices provided to Landlord as evidence of the costs will not be required to be previously paid by Tenant.
In the event that the foregoing fees and costs are greater than the Space Plan Allowance, Tenant shall be fully responsible for the payment of all such excess costs and fees.
Tenant shall not be entitled to any unused portion of the Space Plan Allowance.
The Space Plan Allowance shall be paid by Landlord to Tenant within 30 days after Tenant provides Landlord with invoices describing the costs incurred by Tenant in connection with the Space Plan.

More Definitions of Space Plan Allowance

Space Plan Allowance. Landlord shall provide, at no cost to Tenant, an allowance for a space planner to prepare the preliminary test fit plan for the Building with one re-draw included.

Space Plan Allowance means the amount of Ninety-Seven Thousand Nine Hundred Sixty-Eight and no/100 Dollars ($97,968.00).

Space Plan Allowance. The Landlord shall pay the Space Plan Allowance to Tenant (a) as to costs paid by Tenant prior to the date of this Lease, within thirty (30) days after Lease execution by both parties, and (b) as to other costs, within thirty (30) days after Tenant submits proof of payment to Landlord. Tenant may offset any amounts for Space Plan Allowance not timely paid by Landlord pursuant to this Section 5.2 against Tenant's monetary obligations under this Lease.