Warm Shell Improvements definition
Examples of Warm Shell Improvements in a sentence
As used herein, “Landlord’s Work” shall mean the work of constructing the Tenant Improvements and the Warm Shell Improvements.
If Devcon Construction is not selected, Tenant shall ensure that the selected general contractor will work harmoniously with Landlord's contractor for the Base Building and with the Warm Shall Contractor and to ensure no interference with completion of the Base Building or Warm Shell Improvements, and any such interference shall constitute "Tenant Delay" hereunder.
After completion of the Warm Shell Improvements and the Tenant Improvements (which shall be governed by the Work Letter), Tenant shall not make or suffer to be made any additional alterations, additions or improvements (herein referred to individually as an "Alteration," and collectively as the "Alterations") in, on or to the Premises or any part thereof without the prior written consent of Landlord.
The date on which Tenant commences construction of the Warm Shell Improvements (which date shall be certified by the Warm Shell Contractor at the request of Landlord or Tenant) shall be defined herein as the "Start Date".
Within ten (10) business days after receipt of the Warm Shell Plans, Tenant shall submit them to the appropriate municipal authorities for all applicable building permits necessary to allow the Warm Shell Contractor to commence and fully complete the construction of the Warm Shell Improvements.
Notwithstanding anything to the contrary contained herein, Landlord is under no obligation to make any changes that may be requested by Tenant to the Warm Shell Improvements.
If the Premises or the Building (including the Warm Shell Improvements and the Tenant Improvements) are damaged by fire or other casualty, Landlord shall forthwith repair the same, provided that such repairs can be made within two hundred seventy (270) days after the date of such damage under the laws and regulations of the federal, state and local governmental authorities having jurisdiction thereof.
If Landlord reconstructs the Base Building pursuant to this Paragraph 20(c), Tenant shall be obligated to reconstruct the Warm Shell Improvements and Tenant Improvements, at Tenant's cost, or at Landlord's sole option Landlord may elect to reconstruct all or any portion of the Warm Shell Improvements and/or Tenant Improvements, at Tenant's cost.
A permanent lender would not make a loan secured by the Project on customary terms and conditions without lien-free completion of the Warm Shell Improvements and Tenant Improvements (or substantially similar credit or value enhancement) and occupancy by Tenant or other tenant(s) in a substantial portion of the Building prior to funding.
Tenant shall bear the cost of Tenant Improvements and Warm Shell Improvements, including, without limitation, costs in connection with space planning, preparing Tenant's Plans, engineering, plan checking, special inspections and testing, any consultants, and related permits and fees for Warm Shell Improvements and Tenant Improvements, but excluding costs for preparing the Warm Shell Plans.