Tenant's Cost definition
Tenant's Cost means an amount equal to the sum of (a) the Basic Cost plus (b) ten (10%) percent of the Basic Cost for Landlord’s overhead and expenses in connection with submetering.
Tenant's Cost means an amount equal to the sum of (a) the Basic Cost plus (b) ten (10%) percent of the Basic Cost for Landlord's overhead and expenses in connection with submetering.
Tenant's Cost means the total cost of preparing the Original Leasehold Improvements Plans, obtaining all necessary permits for, and constructing and installing, the Original Leasehold Improvements in the Original Base Building, and providing any required services during construction of the Original Leasehold Improvements (such as electricity and other utilities and refuse removal). Landlord and Tenant agree that Tenant's Cost will include (a) the cost of general conditions and insurance, not to exceed three percent (3%) of the cost of the construction work, excluding soft costs, (b) overhead, not to exceed three percent (3%) of the cost of the construction work, excluding soft costs and the general conditions and insurance and (c) a general contractor's fee payable to Landlord in an amount equal to five percent (5%) of the construction work, excluding soft costs and overhead.
Examples of Tenant's Cost in a sentence
Tenant's Cost shall be deemed "rent" under the Lease (and all remedies for the non-payment of rent shall be available to Landlord therefor), and Tenant's obligations under the Lease to keep the Premises and Building free of liens shall apply to any liens arising from any failure to pay Tenant's Cost hereunder.
If reasonable and practicable and generally consistent with the Plans theretofore approved, Landlord shall not unreasonably withhold approval, but all costs in connection therewith, including, without limitation, construction costs, permit fees, and any additional plans, drawings and engineering reports or other studies or tests, or revisions of such existing items, shall be paid for by Tenant as a Tenant's Cost under Section IV.
Any amounts that Tenant is required to pay under this Agreement shall be referred to as "Tenant's Cost" herein.
The Commencement Date under the Lease shall be postponed for each day that final Plans are not prepared and approved by the "Date to Complete Planning" described above, including any revisions reasonably required by Landlord pursuant to Section V and revisions by Tenant to reduce Tenant's Cost pursuant to Section IX (collectively called "Delays in Planning").
If such estimated amount exceeds the actual amount of Tenant's Cost, Landlord shall provide a refund of the difference.
More Definitions of Tenant's Cost
Tenant's Cost means:
Tenant's Cost means the total cost of preparing the Leasehold Improvements Plans, obtaining all necessary permits for, and constructing and installing, the Leasehold Improvements in the Building, and providing any required services during construction of the Leasehold Improvements (such as electricity and other utilities and refuse removal). Landlord and Tenant agree that the Tenant's Cost will include a general contractor's fee payable to Landlord in an amount equal to 6% of the costs of constructing and installing the Leasehold Improvements and a cost of general conditions in the amount set forth in the Tenant's Cost Proposal approved by Tenant according to Section 17.1.5.
Tenant's Cost means, in the aggregate, the actual out-of-pocket cost of work done or caused to be done by Tenant, its architects and engineers and by its contractors, suppliers and work forces for materials and labor in connection with the performance of T▇▇▇▇▇’s Work;
Tenant's Cost means the sum equal to the aggregate of all costs, expenses and fees incurred by or on behalf of Landlord in connection with a Tenant Improvement, including without limitation (i) architectural, engineering, space planning and design costs, (ii) the direct cost charged to Landlord by Landlord's general contractor (the "General Contractor") and all subcontractors for performing such construction, (iii) the cost of any change order, as noted below, (iv) all permits, approvals and licenses, (v) overhead of the General Contractor, (vi) a fee to the General Contractor equal to five percent (5%) of the Tenant's Cost (excluding such fee), and (vii) general conditions of the General Contractor which shall not include overhead of the General Contractor. Tenant agrees to pay to Landlord, upon submission, all invoices for Tenant's Cost incurred in connection with the Tenant Improvements.
Tenant's Cost means an amount equal to the product of (i) the Rate, multiplied by (ii) the Usage, multiplied by (iii) 103%. If any tax is imposed upon Landlord’s receipt from the sale or resale of electrical energy or gas or telephone service to Tenant by any Federal, State or Municipal Authority, Tenant covenants and agrees that, where permitted by law, Tenant’s pro-rata share of such taxes shall be passed on to, and in included in the ▇▇▇▇ of, and paid by, Tenant to Landlord. The parties acknowledge that they understand that it is anticipated that electric rates, charges, etc., may be changed by virtue of time-of-day rates or other methods of billing, electricity purchases and the redistribution thereof, and that the references in the foregoing paragraphs to changes in methods of or rules on billing are intended to include any such changes. Anything hereinabove to the contrary notwithstanding, in no event is the submetering additional rent to be less than an amount equal to the total of Landlord’s payment to public utilities and/or other providers for the electricity consumed by Tenant (and any taxes thereon or on redistribution of same) plus three percent (3%) for transmission line loss and other redistribution costs.
Tenant's Cost means the reasonable expenses actually incurred by Tenant in connection with the assignment and subletting in question for sales, gains and transfer taxes, brokerage commissions, advertising expenses, attorneys’ fees and disbursements, any commercially reasonable rent credit or concession or work allowance and any tenant work performed by Tenant at its expense in connection with such assignment or subletting based on bills, receipts or other evidence of such costs reasonably satisfactory to Landlord.
Tenant's Cost means the total of the actual out-of-pocket hard costs of work done or caused to be done by Tenant and its contractors, suppliers and work forces for materials and labor in connection with the performance of Tenant’s Work and any other Alterations permitted under Article 8 of the Lease and performed by Tenant in or to the Premises prior to the Initial Expiration Date (or any repairs of a capital nature to any of Tenant’s Work or such other Alterations), and soft costs, including architectural, engineering, and filing fees in connection with Tenant’s Work or such other Alterations. In no event shall any portion of Landlord’s Contribution be used to pay for expenses other than those incurred in connection with the performance of Tenant’s Work and any other Alterations permitted under Article 8 of the Lease and performed by Tenant in or to the Premises prior to the Initial Expiration Date (it being agreed that moving expenses or costs incurred for the purchase of furniture shall not be deemed to have been incurred in connection with the performance of Tenant’s Work or such other Alterations).