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 shall refer to such plans as amended pursuant to the terms of the Work Letter.

Tenant Improvement Plans means the Space Plans and the Working Plans.

Examples of Tenant Improvement Plans in a sentence

• The Tenant Improvement Plans and Specifications shall be prepared in sufficient detail to allow General Contractor to construct the Tenant Improvements.

• 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.

• 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.

• Any material changes to the Final Tenant Improvement Plans shall be subject to Landlord’s prior written approval, which shall not be unreasonably withheld.

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 are defined in Section 3.3(b) below.

Tenant Improvement Plans. Tenant, at Tenant's sole cost and expense, has hired Xxxxxxx & Associates ("Gensler") to prepare plans and outline specifications ("Tenant Improvement Plans and Specifications") which shall be attached as EXHIBIT "D" by August 29, 1997 with respect to the construction of improvements to the interior premises ("Tenant Improvements"). In addition, Gensler shall provide the Architect no later than April 21, 1997 with the interior stair and elevator locations and any other information related to the Tenant Improvement Plans and Specifications that Tenant wishes to be incorporated into the Shell Plans and Specifications. The Tenant Improvements shall consist of all items not included within the scope of the Building Shell Definition. The Tenant Improvement Plans and Specifications shall be prepared in sufficient detail to allow General Contractor to construct the Tenant Improvements. The General Contractor shall contract directly with Tenant for construction of the Tenant Improvements and shall construct the Tenant Improvements in accordance with all Tenant Improvement Plans and Specifications. Landlord shall provide Tenant a work allowance to be utilized by Tenant for the construction of Tenant Improvements ("Work Allowance") in an amount equal to the product of multiplying the Rentable Square Footage by Twenty-Five Dollars and Twenty-Five Cents ($25.25). The Work Allowance shall be paid by Landlord to Tenant as payments become due from Tenant to General Contractor. The Tenant Improvements shall not be removed or altered by Tenant without the prior written consent of Landlord as provided in Section 7. Tenant shall have the right to depreciate and claim and collect any investment tax credits in the Tenant Improvements during the initial Lease Term. Upon expiration of the Lease Term or any earlier termination of the Lease, the Tenant Improvements shall become the property of Landlord and shall remain upon and be surrendered with the Premises, and title thereto shall automatically vest in Landlord without any payment therefore.

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

Tenant Improvement Plans. The plans and specifications for the Tenant Improvements.

Tenant Improvement Plans. The plans and specifications for the Tenant Improvements described on Exhibits "D" and "E".