Funding and Disbursement. Landlord shall fund and disburse the Allowance within thirty (30) days after the Work has been completed in accordance with the Approved Plans in accordance with the provisions hereof, and Tenant has submitted all invoices, architect’s certificates, a Tenant’s affidavit, complete unconditional lien waivers and affidavits of payment by all Tenant’s Contractors, and such other evidence as Landlord may reasonably require that the cost of the Work has been paid and that no architect’s, mechanic’s, materialmen’s or other such liens have been or may be filed against the Property or the Premises arising out of the design or performance of such Work. Landlord may issue checks to fund the Allowance jointly or separately to Tenant, its general contractor, and any other of Tenant’s Contractors. If Tenant does not use the entire Allowance for the purposes permitted herein, or does not submit the foregoing documentation to Landlord, within nine (9) months after the Additional Premises Commencement Date, then Landlord shall be entitled to the savings and Tenant shall receive no credit therefore; provided that Landlord shall use up to $[***] of any remaining portion of the Allowance to reimburse Tenant’s reasonable, direct, out-of-pocket costs incurred for having its telecommunications and computer vendors install and connect telecommunications cables in the Premises. Landlord shall make such reimbursement to Tenant, out of any such remaining portion of the Allowance (i.e. that remains after final completion of the Work including punch-list items), within thirty (30) days after Landlord receives Tenant’s written request, subject to the following conditions: (x) Tenant’s request shall include paid invoices and other evidence of such costs reasonably satisfactory to Landlord (including lien waivers if applicable), and a letter signed by Tenant accepting the Work as being fully complete and satisfactory, including punch-list items, (y) Tenant shall deliver the request and such items to Landlord within nine (9) months after the Additional Premises Commencement Date, and (z) by the time Landlord is required to pay the foregoing amount hereunder, Tenant shall have moved into the Premises and shall be actively engaged in its business operations therein, and shall have faithfully complied with this Lease and not then be in Default. If Tenant does not use the entire foregoing amount for the purposes permitted herein, or has not satisfied the foregoing conditions, by the time requ...
Funding and Disbursement. Landlord shall fund and disburse the Allowance within thirty (30) days after the Work has been completed in accordance with the Approved Plans in accordance with the provisions hereof, and Tenant has submitted all invoices, architect’s certificates, a Tenant’s affidavit, complete unconditional lien waivers and affidavits of payment by all Tenant’s Contractors, and such other evidence as Landlord may reasonably require that the cost of the Work has been paid and that no architect’s, mechanic’s, materialmen’s or other such liens have been or may be filed against the Property or the Premises arising out of the design or performance of such Work. Landlord may issue checks to fund the Allowance jointly or separately to Tenant, its general contractor, and any other of Tenant’s Contractors.
Funding and Disbursement. Landlord shall fund and disburse the Allowance by paying invoices from the contractors subcontractors performing work or parties providing materials with respect to Tenant’s Improvements (subject to Landlord’s receipt of lien waivers from such parties). At Landlord’s option, Landlord may fund the Allowance in monthly progress payment installments, based on the submission of the foregoing items, subject to withholding ten percent (10%) of each draw as retention (at Landlord’s option). No portion of the Allowance shall be disbursed if Tenant is in default under the Lease or would be but for the passage of time or giving of notice.
Funding and Disbursement. Landlord shall fund and disburse the Allowance within thirty (30) days after the Work has been completed in accordance with the Approved Plans in accordance with the provisions hereof, and Tenant has submitted all invoices, architect’s certificates, a Tenant’s affidavit, complete unconditional lien waivers and affidavits of payment by all Tenant’s Contractors, and such other evidence as Landlord may reasonably require that the cost of the Work has been paid and that no architect’s, mechanic’s, materialmen’s or other such liens have been or may be filed against the Property or the Premises arising out of the design or performance of such Work. Landlord may issue checks to fund the Allowance jointly or separately to Tenant, its general contractor, and any other of Tenant’s Contractors. If Tenant *** Confidential information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. does not use the entire Allowance for the purposes permitted herein, or does not submit the foregoing documentation to Landlord, within one (1) year after the date of this Amendment, then Landlord shall be entitled to the savings and Tenant shall receive no credit therefore, time being of the essence of this provision so that Landlord may close out Landlord’s books for the Work.
Funding and Disbursement. 7. 1 Financial transactions under the project are regulated by the Agreement.
Funding and Disbursement. 7.1 Financial transactions under the Project are regulated by the Agreement, Articles V, VI and VII.
Funding and Disbursement. HUD will provide the total amount that may be needed to fund your Payment Supplement, listed above at 4.a., for the duration of the Payment Supplement Period, listed above at 4.c., in a single lump-sum deposit. These funds will be maintained in a Payment Supplement Account by your Servicer.
Funding and Disbursement. Landlord shall fund and disburse the Allowance within thirty (30) days after the Work has been completed in accordance with the Approved Plans in accordance with the provisions hereof, and Tenant has submitted all invoices, architect’s certificates, a Tenant’s affidavit, complete unconditional lien waivers and affidavits of payment by all Tenant’s Contractors, and such other evidence as Landlord may reasonably require that the cost of the Work has been paid and that no architect’s, mechanic’s, materialmen’s or other such liens have been or may be filed against the Property or the Premises arising out of the design or performance of such Work. Landlord may issue checks to fund the Allowance jointly or separately to Tenant, its general contractor, and any other of Tenant’s Contractors. If Tenant does not use the entire Allowance for the purposes permitted herein, or does not submit the foregoing documentation to Landlord, within one (1) year after the date of this Amendment, then Landlord shall be entitled to the savings and Tenant shall receive no credit therefore, time being of the essence of this provision so that Landlord may close out Landlord’s books for the Work.
Funding and Disbursement. Landlord will fund and disburse the Allowance in monthly progress payment installments, subject to withholding 10% of each draw as retention, provided that Tenant has submitted all invoices; architect’s certificates; certificates of insurance; a Tenant’s affidavit and a contractor’s affidavit of payment from Tenant Contractor; partial and final, conditional lien waivers for the work covered by the draw request (unless such draw request is the final draw request) and unconditional lien waivers for work covered by previous draw requests, or with respect to the draw request for final completion, final unconditional lien waivers for all Tenant Work for which final unconditional lien waivers have not previously been delivered (all of which shall be in the form required by applicable law), in each case from the Tenant Contractor and all subcontractors, sub-subcontractors, laborers, materialmen and suppliers; and such other evidence as Landlord may reasonably require to evidence that the Cost of the Tenant Work has been paid, or is being paid with such draw, and that no mechanic’s or other liens have been or may be filed against the Project or the Premises arising out of the design or performance of the Tenant Work. Within ten (10) days following completion of the Tenant Work, Tenant will cause a Notice of Completion to be recorded in the office of the Recorder of the County in which the Property is located in accordance with Section 3093 of the California Civil Code or any successor statute and furnish a copy thereof to Landlord upon recordation, and Tenant shall timely give all notices required pursuant to Section 3259.5 of the California Civil Code or any successor statute, failing which, Landlord may itself execute and file such Notice of Completion and give such notices on behalf of Tenant as Tenant’s agent for such purpose.
Funding and Disbursement. Funding for this project shall be RMB 1.3 million in total, which shall be disbursed in two installments within two years as follows:
