Common use of Disbursement of the Tenant Improvement Allowance Clause in Contracts

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by Code; (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 of this Tenant Work Letter.

Appears in 1 contract

Samples: Office Lease (Orcad Inc)

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Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 Sections 2.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's ’s consultants in connection with the preparation EXHIBIT B and review of the "Construction Drawings," as that term is defined in Section 3.1 2.1 of this Tenant Work Letter; (ii) the cost of any changes in the Basebase, Shell shell and Core core work of the Building (the “Base Building”) or in the condition of the Premises existing as of the date at this Lease when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (the “Code”); (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 3.3.2 of this Tenant Work Letter; and (v) the costs of the ATM, if so elected by Tenant.

Appears in 1 contract

Samples: Office Lease (Pacific Mercantile Bancorp)

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord's disbursement process) for costs related to the construction of the Tenant Improvements and for the following EXHIBIT B 1 items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section SECTION 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section SECTION 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the "Code"); (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot any demolition of existing improvements in the Premises; and (v) the "Landlord Supervision Fee", as that term is defined in Section SECTION 4.3.2 of this Tenant Work Letter; and (vi) a portion of the costs of the tenant demising walls and public corridor walls and materials, if any, as designated by Landlord.

Appears in 1 contract

Samples: Universal Detection Technology

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the reasonable and customary fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the reasonable and customary fees incurred by, and the reasonable and customary cost of documents and materials supplied by, Landlord and Landlord's ’s consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost reasonable and customary costs of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “Code”); and (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 of this Tenant Work Letter.

Appears in 1 contract

Samples: Office Lease (BrightSource Energy Inc)

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise ------------------------------------------------ set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance ItemsTENANT IMPROVEMENT ALLOWANCE ITEMS"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of permits, construction supervision fees and the cost of installing data and voice cabling throughout the Premises and the back-up generator referenced in Section 9(b) of the Lease; (iii) the cost of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iiiiv) the cost of any changes to in the base, Shell and Core required by the Construction Drawings or Tenant Improvements required by Code; applicable building codes (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises"CODE"); and (v) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 of this Tenant Work Letter. However, in no event shall more than Three and 00/100 Dollars ($3.00) per usable square foot of the Tenant Improvement Allowance be used for the items described in (i) and (ii) above, any additional amount incurred as a result of (i) and (ii) above shall be deemed to constitute an Over-Allowance Amount.

Appears in 1 contract

Samples: Office Lease (Digital Insight Corp)

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance ItemsTENANT IMPROVEMENT ALLOWANCE ITEMS"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction DrawingsCONSTRUCTION DRAWINGS," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by Code; (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "Landlord Supervision FeeLANDLORD SUPERVISION FEE", as that term is defined in Section 4.3.2 of this Tenant Work Letter.

Appears in 1 contract

Samples: Office Lease (Kofax Image Products Inc)

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the "Code"); (iv) the cost of Tenant's relocation into the Premisestelephone, up to a maximum amount equal to $1.00 per rentable square foot of the Premiseselectrical, television and data cabling; and (v) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 of this Tenant Work Letter.

Appears in 1 contract

Samples: Office Lease (Salon Media Group Inc)

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Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's ’s consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of any changes in the Base, Shell and Core Base Building when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the “Code”); (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the PremisesLandlord’s Work; and (v) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 of this Tenant Work Letter; and (vi) a portion of the costs of the tenant demising walls and public corridor walls and materials, if any, as designated by Landlord.

Appears in 1 contract

Samples: Lease (Ligand Pharmaceuticals Inc)

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise ------------------------------------------------ set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord's disbursement process) for costs related to the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of ----------- this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of ----------- any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iii) the cost of any changes to the Construction Drawings or Tenant Improvements required by all applicable building codes (the "Code"); (iv) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of the Premises; and (v) the "Landlord Supervision Fee", as that term is defined in Section ------- 4.3.2 of this Tenant Work Letter; and (v) a portion of the costs, as designated ----- by Landlord, of the Demising Walls, Public Corridor and Lobby, if any.

Appears in 1 contract

Samples: Temporary Space Agreement (Ecommercial Com Inc)

Disbursement of the Tenant Improvement Allowance. Concurrently with the execution of this Lease, Landlord and Tenant are entering into that certain Agreement Re Letter of Credit (the "LC Agreement") pursuant to which Landlord has agreed to deposit the Tenant Improvement Allowance into the "Project Account," as defined in such LC Agreement. The Tenant Improvement Allowance shall be disbursed by Landlord in accordance with the terms of the LC Agreement. Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord's disbursement process) for the costs related to of the construction of the Tenant Improvements and for the following items and costs (collectively, the "Tenant Improvement Allowance Items"): (i) payment of the fees of the "Tenant's Architect", "Architect" and the "Engineers," as those terms are defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the "Construction Drawings," as that term is defined in Section 3.1 of this Tenant Work Letter; (ii) the cost of permits and construction supervision fees; (iii) the cost of any changes in the Base, Shell and Core when such changes are required by the Construction Drawings; (iiiiv) the cost of any changes to the Construction Drawings or Tenant Improvements required by applicable building codes (the "Code"); (v) any other costs triggered by the performance of the Tenant Improvements which are required by any Code; (ivvi) the cost of Tenant's relocation into the Premises, up to a maximum amount equal to $1.00 per rentable square foot of demolishing any existing improvements in the Premises; and (vvii) the "Landlord Supervision Fee", as that term is defined in Section 4.3.2 of this Tenant Work Letter. However, in no event shall more than Three and 00/100 Dollars ($3.00) per usable square foot of the Tenant Improvement Allowance be used for the items described in (i) and (ii) above; any additional amount incurred as a result of (i) and (ii) above shall be deemed to constitute an Over-Allowance Amount.

Appears in 1 contract

Samples: Office Lease (Stanford Microdevices Inc)

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