Definition of Tenant's Costs


Tenant's Costs means reasonable expenses incurred in connection with any assignment or subletting that shall include, but not be limited to, brokerage fees, attorneys' fees and disbursements, advertising costs, reasonable concessions to the assignee or sublessee, including, without limitation, free rent or work contributions to the assignee or subtenant, and the costs incurred in connection with alterations, decorations and installations made by Tenant pursuant to its subject assignment or sublease to prepare the Premises for occupancy by the assignee or sublessee. Tenant shall submit to Landlord receipts evidencing the payment of such Tenant Costs, or other proof of payment as Landlord shall reasonably require.

Examples of Tenant's Costs in a sentence

Tenant shall pay the portion of such progress payments attributable to Tenant's Costs to Landlord within ten (10) days of delivery of statements from Landlord to Tenant therefor.
Landlord agrees to disburse the Landlord's Allowance for Tenant Improvement Costs and the Tenant's Costs (to the extent deposited by Tenant with Landlord) to pay the Tenant Improvement Costs as and when the same become due and payable.
Landlord shall be entitled to suspend or terminate construction of the Base Building Improvements and to declare Tenant in default in accordance with the terms of the Lease, if payment by Tenant to Landlord of Tenant's Costs has not been received as required hereunder.
The Construction Budget shall be used as a basis for calculating Tenant's Costs, as hereinafter defined, if any.
Tenant's Costs represent a reimbursement of monies expended by Landlord on Tenant's behalf.