Tenant Improvement Plans definition

Tenant Improvement Plans means, as to each tenant under a lease, the plans prepared by the engineers and/or architects for such tenant of the Project under an Approved Lease and approved by Borrower and Borrower’s Architect covering Tenant Improvement Work, to be certified by Borrower to the Administrative Agent and the Lenders as approved by the applicable tenant, Borrower, all required Governmental Authorities, and within the Budget and as approved by the Administrative Agent.
Tenant Improvement Plans are defined in Section 3.3(b) below.
Tenant Improvement Plans shall refer to such plans as amended pursuant to the terms of the Work Letter.

Examples of Tenant Improvement Plans in a sentence

  • After giving effect to the conversion of the Preferred Stock and, assuming no exercise of outstanding Company Stock Options, there will be Sixteen Million Three Hundred Thirty Seven Thousand Three Hundred and Twenty Four (16,337,324) Shares issued and outstanding.

  • Any minor work required for Tenant’s occupancy of the Leased Premises but not included in the Final Tenant Improvement Plans such as the procurement and installation of furniture, fixtures, equipment, interior artwork and signage, shall not require Landlord approval but shall be installed in a good and workmanlike manner by Tenant.

  • After the Tenant Improvement Plans have been prepared and approved, the final pricing has been approved and a building permit for the Tenant Improvements has been issued, Landlord shall enter into a construction contract with its contractor for the installation of the Tenant Improvements in accordance with the Tenant Improvement Plans.

  • After final approval of the working drawings, no further changes to the Tenant Improvement Plans may be made without the prior written approval from both Landlord and Tenant, and then only after agreement by Tenant to pay any excess costs resulting from the design and/or construction of such changes.

  • Tenant shall be deemed to have approved such revised Tenant Improvement Plans if Tenant does not timely provide comments on such Tenant Improvement Plans.


More Definitions of Tenant Improvement Plans

Tenant Improvement Plans has the meaning assigned to such term in Section 1.1 of the Building Loan Agreement.
Tenant Improvement Plans are defined in Section 3.3(b) of Exhibit D.
Tenant Improvement Plans means the Space Plans and the Working Plans.
Tenant Improvement Plans shall hereinafter mean the Preliminary Tenant Improvement Plans and, when prepared, the Final Tenant Improvement Plans. The Final Tenant Improvement Plans shall be delivered to Tenant as soon as reasonably possible after preparation thereof, subject to any period of delay encountered by Landlord in such preparation as a result of requests by Tenant for changes in the Final Tenant Improvement Plans after preparation thereof. Within ten (10) days after delivery of the Final Tenant Improvement Plans, Tenant shall set forth in writing, with particularity and precision, any corrections or changes necessary to bring the Final Tenant Improvement Plans into substantial conformity with the Preliminary Tenant Improvement Plans and Exhibits C and D, except that Tenant may not object to any logical development or refinement of the Preliminary Tenant Improvement Plans. Failure to deliver to Landlord written notice of any such corrections or changes within said ten (10) day period shall constitute approval of the Final Tenant Improvement Plans by Tenant. Following such approval of the Final Tenant Improvement Plans, both parties shall endorse approval for filing purposes thereon, in duplicate; thereafter changes may be made only in accordance with subparagraph (d) below; and Landlord shall employ Landlord's contractor to construct the Tenant Improvements.
Tenant Improvement Plans. The plans and specifications for the Tenant Improvements, as defined in Section 4.2.
Tenant Improvement Plans is as defined in Section 3.3(b).
Tenant Improvement Plans shall hereinafter mean the Preliminary Tenant Improvement Plans and, if and when prepared, the Final Tenant Improvement Plans. The Final Tenant Improvement Plans shall be delivered to Tenant as soon as reasonably possible after the preparation thereof, subject to any reasonable period of delay encountered by Landlord in such preparation as a result of requests by Tenant for changes in the Final Tenant Improvement Plans subsequent to the date hereof. Within five (5) days after delivery of the Final Tenant Improvement Plans, Tenant shall set forth in writing, with reasonable particularity and precision, any corrections or changes necessary to bring the Final Tenant Improvement Plans into substantial conformity with the Preliminary Tenant Improvement Plans. Failure to deliver to Landlord written notice of any such corrections or changes within said five (5) day period shall constitute approval of the Final Tenant Improvement Plans by Tenant. If Tenant disapproves in writing of the Final Tenant Improvement Plans within said five (5) day period, Landlord shall revise or correct the Final Tenant Improvement Plans should Landlord determine, in its reasonably exercised discretion, that changes are necessary to bring the Final Tenant Improvement Plans into substantial conformity with the Preliminary Tenant Improvement Plans and resubmit the same to Tenant for approval. Tenant shall then have three (3) days to approve the Final Tenant Improvement Plans. Failure to deliver to Landlord written notice of disapproval within said three (3) day period shall constitute approval of the Final Tenant Improvement Plans by Tenant. Following such approval of the Final Tenant Improvement Plans, both parties shall endorse approval for filing purposes thereon, in duplicate, and thereafter changes may be made only in accordance with subparagraph (e) below. If Tenant has not approved the Final Tenant Improvement Plans on or before July 6, 2001, the provisions of subparagraph (d) below shall apply.