Definition of Tenant Incentive Payment


Tenant Incentive Payment means the Tenant Incentive Payment described in the Basic Lease Information and defined in Section 5(b).
Sample 1

Examples of Tenant Incentive Payment in a sentence

Additionally, as a further offset to the Tenant Incentive Payment, Landlord shall pay, if requested by written notice from Tenant to Landlord, the cost of fabrication and installation of Tenant's sign; provided, however, that in no event shall Landlord be required to pay any sign related costs or any other costs in excess of an aggregate of $100,000.
The cost of any such permits shall be deducted from the Tenant Incentive Payment if requested by written notice from Tenant to Landlord.
Tenant shall pay Lessor $50,000 for such sign rights which Tenant and Landlord agree may be deducted from the Tenant Incentive Payment if requested by written notice from Tenant to Landlord.
Landlord shall pay to Tenant, separate and apart from amounts payable by Landlord as the Tenant Improvement Allowance, an incentive payment (the "Tenant Incentive Payment") in the amount of $100,000 on the Commencement Date (but not in any event before January 1997) unless requested by Tenant but in no event prior to December 15, -26- 31 1996.
If Landlord fails to pay the Tenant Incentive Payment to Tenant when due, Tenant may deduct such amount from the rents next due and owing under the Lease.