Tenant Relocation Allowance definition

Tenant Relocation Allowance is defined in Section 9.6.
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Examples of Tenant Relocation Allowance in a sentence

  • An amount equal to 40% of the Landlord's Interior Improvement Allowance shall be applied to Tenant's Relocation Costs (the "Tenant Relocation Allowance").

  • To the extent that the Cost of the Relocation Premises Work exceeds the Tenant Relocation Allowance, Tenant will pay any such excess.

  • If the Estimated Construction Cost is less than the Tenant Relocation Allowance, the Estimated Construction Cost will be deemed approved without a required response from Landlord.

  • The sum of the Tenant Relocation Allowance and any additional amount that Tenant has agreed to pay for the Relocation Premises Work to the Demised Premises.

  • Any portion of the Tenant Relocation Allowance that remains unreserved and unapplied following payment of the Cost of the Relocation Premises Work shall belong to Landlord.

  • Landlord shall fund the Tenant Relocation Allowance directly to the General Contractor, together with any amounts payable by Tenant pursuant to Paragraph 4, in accordance with the provisions of this Paragraph and in accordance with the provisions of the construction contract with the General Contractor.

  • If Tenant converts less than all of the Abated Rent into an addition to the Tenant Relocation Allowance, the amount which is converted shall be payable as Base Rent pro rata over the seven (7) month rent abatement period shown in subsection (b) above.

Related to Tenant Relocation Allowance

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Tenant’s Work means and refer to the construction and installation of all aspects of the Project as set forth in detail in the Development Agreement, including the Improvements, and all other equipment, fixtures, pipes, wiring, mechanical systems and other property and systems necessary to the operation of the Project. All of Tenant's work shall be done in the manner required by the Development Agreement and shall be completely lien-free (except as provided in Sections 11.1 and 11.2 hereof, and except as otherwise permitted by the Development Agreement and the ESA). Tenant shall use commercially reasonable efforts to obtain warranties for Tenant's Work from its contractors and to enforce such warranties so that defects in Tenant's Work are corrected. If any warranties are not assignable to Landlord, Tenant shall nevertheless use reasonable diligence to keep such warranties in effect and to enforce the same. Tenant further agrees that if it determines that any portion of the Tenant's Work contains a material defect, it shall promptly notify Landlord of such defect and of the action which Tenant proposes to take or requires its contractors to take to remedy the same, provided that Tenant shall not take any action that may prejudice Landlord's ability to assert its warranty rights (if any) without Landlord's prior written consent. Without limiting the foregoing, Tenant reserves the right to install its own security system on the Project Site and Landlord, notwithstanding any other provision of this Lease to the contrary, understands and agrees that Tenant shall have the right to limit or restrict Landlord's access to the Project Site for reasonable safety and security purposes, but subject to Landlord's rights under Section 14.1 below and as provided for in the ESA and the Development Agreement. Subject to the rights of Tenant under Sections 11.1 and 11.2 hereof, and except as permitted by the Development Agreement and the ESA, all of Tenant's Work shall be completed lien-free and in accordance with all Applicable Law. At Landlord's election, all Tenant's Work shall be coordinated with Landlord's construction manager (who shall not unreasonably interfere with the rendition of Tenant's Work).

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—