TI/LC Costs definition

TI/LC Costs means the costs of all Tenant Improvement Work or Tenant Improvement Allowances, Tenant Inducement Costs and Leasing Commission costs associated with Leases at the Property entered into pursuant to the terms hereof, in each case, to be paid by Borrower pursuant to the terms of the applicable Lease.
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TI/LC Costs means (i) costs incurred or required to be paid in connection with the completion of Tenant Improvements, (ii) Tenant Allowances, (iii) Leasing Commissions, and (iv) costs incurred in connection with vacant space preparation (such as “white boxing,” demolishing existing improvements, obtaining permits, buildout costs) with respect to potential leasing at the Retail Units (the work described in this clause (iv), collectively, “Preparation Work”); provided, that the aggregate amount of TI/LC Advances and Mortgage TI/LC Advances made for Preparation Work shall not exceed $500,000.
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TI/LC Costs means actual out-of-pocket expenses incurred by Borrower in performing any applicable Approved Tenant Work and Approved Leasing Expenses which have been approved by Lender or is otherwise permitted under the Loan Documents.
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More Definitions of TI/LC Costs

TI/LC Costs means the costs of all Tenant Improvement Work or Tenant Improvement Allowances, Tenant Inducement Costs and Leasing Commission costs associated -42- with the DCAS Lease, in each case, to be paid by Borrower pursuant to the terms of the DCAS Lease. “Terrorism Insurance” shall have the meaning set forth in Section 5.1.1(a)(xi). “The Flood Insurance Acts” shall have the meaning set forth in Section 5.1.1(i). “Termination Space” shall have the meaning set forth in Section 6.4.1. “Title Company” shall mean National Land Tenure and Title Associates, each as agent for ▇▇▇▇▇▇▇ Title Insurance Company and First American Title Insurance Company. “Title Insurance Policy” shall mean an ALTA mortgagee title insurance policy in the form reasonably acceptable to Administrative Agent issued with respect to the Property and insuring the lien of the Mortgage. “Transfer” shall have the meaning set forth in Section 4.2.1(a). “TRIPRA” shall have the meaning set forth in Section 5.1.1
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TI/LC Costs means as described in Section 3.2.1.
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Related to TI/LC Costs

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Direct Costs means the sum of the following:

  • Basic Costs means all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;