Definition of Tenant Improvement Allowance

  1. Tenant Improvement Allowance means the portion of the Tenant Improvement Allowance described in Section 8.4 of the MTO Lease which has not yet been disbursed by Borrower to or for the benefit of Tenant, which is currently in the amount of $9,078,533.00.
  2. Tenant Improvement Allowance means Eleven and 55/100 Dollars ($11.55) multiplied by the rentable square feet in the First Offer Space."

Examples of Tenant Improvement Allowance in a sentence

  1. After the Approved Working Drawings are signed by Landlord and Tenant, Landlord shall provide Tenant with a cost proposal in accordance with the Approved Working Drawings, which cost proposal shall include, as nearly as possible, the cost of all Tenant Improvement Allowance Items to be incurred by Tenant in connection with the construction of the Tenant Improvements (the "Cost Proposal").
  2. In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Tenant Improvement Allowance.
  3. Pursuant to Paragraph 3(b) of the Work Letter, the Tenant Improvement Allowance was stated to be $17,400,000, subject to determining the Re-Measured RSF.

Definition of Tenant Improvement Allowance in Letter of Credit Agreement

Tenant Improvement Allowance means the portion of the Tenant Improvement Allowance described in Section 8.4 of the MTO Lease which has not yet been disbursed by Borrower to or for the benefit of Tenant, which is currently in the amount of $9,078,533.00.


Definition of Tenant Improvement Allowance in Amendment to Lease

Tenant Improvement Allowance means Eleven and 55/100 Dollars ($11.55) multiplied by the rentable square feet in the First Offer Space."