LANDLORD PAYMENT Sample Clauses

LANDLORD PAYMENT. Landlord shall, upon the Commencement Date, pay Two Hundred Eighty-Two Thousand Seven Hundred Fifty-Five and No/100 Dollars ($282,755.00) to Tenant to offset Tenant's cost of installing Alterations to the Leased Premises.
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LANDLORD PAYMENT. If Tenant shall fail to promptly pay any Utility or communication charge for service, Landlord may, but shall not be obligated to, pay such charge and the sums so paid and any expenses incurred by Landlord in connection therewith shall be deemed to be an Additional Payment immediately due and payable by Tenant.
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LANDLORD PAYMENT. If Tenant shall default in any payment or expenditure other than Rent required to be paid or expended by Tenant under the terms hereof, Landlord may at its option, make such payment or expenditure, in which event the amount thereof shall be payable as Rent to Landlord by Tenant on the next ensuing Rent day together with interest at 15% per annum from the date of such payment or expenditure by Landlord and on default in such payment Landlord shall have the same remedies as on default in payment of Rent. Landlord and Tenant acknowledge that the charge set forth herein is a reasonable estimate of the expense and inconvenience which Landlord will be put to if payments are not made on time, and acknowledge that the actual damages which Landlord will or may suffer in such case are difficult or impossible to ascertain and measure.
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LANDLORD PAYMENT. Landlord shall have the right at any time to require Tenant's payment of Taxes in monthly installments in such amounts as are estimated and billed by Landlord at the beginning of each twelve (12) month period commencing and ending on dates designated by Landlord, each installment being due on the first day of each calendar month. If at any time during such twelve (12) month period, it shall appear that Landlord has underestimated Taxes, Landlord may reestimate and ▇▇▇▇ Tenant for any deficiency which may have accrued during such twelve (12) month period and thereafter the monthly installment payable by Tenant shall also be adjusted. On or before April 10th of each year, Landlord shall deliver to Tenant a copy of the statement of Taxes for such twelve (12) month period and the monthly installments paid or payable shall be adjusted between Landlord and Tenant, and each party hereby agrees that Tenant shall pay Landlord or Landlord shall credit Tenant's account (or, if such adjustment is at the end of the term, pay Tenant), within thirty (30) days of receipt of such statement, the amount of any excess or deficiency in Taxes paid by Tenant to Landlord during such twelve (12) month period. Failure of Landlord to provide the statement called for hereunder within the time prescribed shall not relieve Tenant from its obligations hereunder.
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LANDLORD PAYMENT. 10.1 The Landlord shall make a contribution to the Tenant of an amount equal to €35 per square foot (plus VAT if applicable) multiplied by the Nett Lettable Floor Area of the Premises in square feet, referred to as the “Landlord Contribution” for the purposes of this clause. The parties hereby acknowledge that the Landlord Contribution is made to assist the Tenant’s cost of fitting out the Premises. 10.2 The parties hereby agree that to effect partial payment of the Landlord Contribution the Landlord will, by way of set off, deduct any amounts due or to become due to the Tenant in respect of the Landlord Contribution in interim instalments as set out in Clause 10.3 (the “Interim Landlord Contribution Payments”) from any amounts due from the Tenant to the Landlord in respect of Fit-Out Works, as provided for in accordance with Clause 7.7, upon the issue of a valid VAT invoice in accordance with Clause 7.7. For the avoidance of doubt any amounts of the Landlord Contribution set-off against amounts due for Fit-Out Works shall be deducted from the gross invoice amount (inclusive of any VAT properly chargeable) for such Fit-Out Works and shall not reduce the taxable amount for VAT purposes of any such invoice issued in accordance with Clause 7.7. The Landlord shall clearly indicate on the face of any VAT invoice delivered to the Tenant for Fit-Out Works where any such set off has been applied and detail the remaining amount payable by the Tenant in respect of such VAT invoice.
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LANDLORD PAYMENT. Landlord agrees that as an inducement for Tenant to enter into this Lease, Landlord shall pay to Tenant up to [***] ([***] per square foot with respect to the Office Space portion of the Premises, plus [***] per square foot with respect to the Additional Space, plus [***] with respect to the Storage Space portion of the Premises) (the “Landlord Payment”). Such Landlord Payment shall be paid to Tenant in accordance with the following terms: (a) From time to time during the performance of the Tenant Improvements (but not more often than once every thirty (30) days), Tenant may submit to Landlord copies of invoices (hereinafter referred to as “Approved Invoices”) from Tenant’s general contractor, architect, engineer, furniture provider, fixtures or equipment vendor, construction consulting, moving contractor, and telephone and cabling provider which invoices: (i) shall either (1) be accompanied by written evidence that Tenant has paid the same (which payment shall constitute Tenant’s written certification that the same are accurate and eligible for reimbursement in accordance with the terms of this Paragraph 1), or (2) be approved in writing by Tenant as being accurate and eligible for payment in accordance with the terms of this Paragraph 1; (ii) shall detail work already completed by the invoicing party as part of the approved Tenant Improvements or in connection with the initial installation of cabling, furniture, fixtures or other equipment in the Leased Premises in connection with Tenant’s initial occupancy thereof, or moving costs associated with Tenant’s initial occupancy of the Leased Premises; (iii) with respect to work that is a part of the Tenant Improvements, shall be accompanied by: (1) written partial lien waivers (in form and substance reasonably acceptable to Landlord) from the general contractor and all subcontractors and materialmen who have performed work or delivered materials in connection with the Tenant Improvements through the date the date of the Approved Invoices covering the Tenant Improvements completed through the date of the paid invoices, by which such parties waive any lien rights (or in the case of unpaid invoices waive such lien rights conditioned only upon payment of the invoice in question); and (2) a written certification from Tenant’s architect or Construction Manager that the work described in any such Approved Invoices from Tenant’s general contractor has been substantially completed in accordance with the final plans f...
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LANDLORD PAYMENT. Landlord shall make available to Tenant the Landlord Payment to be used by Tenant for the Tenant Performed Landlord Work including all engineering, design, labor and materials associated therewith. SCHEDULE 1-A LANDLORD WORK 1) Complete construction of new parking area as required to provide three spaces per one thousand rentable square feet in accordance with the design attached to the lease as Exhibit G, and make such other parking, curbing, aisle, landscaping and other changes required by the applicable governmental authorities as a condition to their final approval of the Site-Plan referred to in Paragraph 6 below. 2) Seal and re-stripe existing parking areas. 3) Re-caulk and repair cracks in existing brick facade. 4) Obtain condition report on roof (coordinate and consult with Tenant) and complete all corrective, remedial and/or replacement work. 5) Lower roof overflow scuppers. 6) Site-Plan - file and receive approval from applicable governmental authority. Landlord agrees that to the extent that performance of the Tenant Work and/or the Tenant Performed Landlord Work is actually delayed as a result of Landlord's failure to obtain final approval of the Site Plan on or before August 24, 2000, (e.g., if Tenant is delayed in securing its demolition and/or building permits) then such delay shall, to the extent it actually delays the completion of the Tenant Work and/or the Tenant Performed Landlord Work, constitute "Landlord Delay" under the Lease. 7) Landlord agrees that in the event that any remediation and/or other work is required pursuant to Section 40.7 of the Lease ("EXISTING REMEDIATION") and if the performance of the Tenant Work and/or Tenant Performed Landlord Work is required to be suspended or otherwise actually delayed during or pending completion of such Existing Remediation, then such event shall, to the extent it actually delays the completion of the Tenant Work and/or the Tenant Performed Landlord Work, constitute "Landlord Delay" under the Lease. LANDLORD WORK ALREADY PERFORMED 1) Removal of existing underground storage tanks. 2) Demolish and remove conveyor. 3) Drain, close and plug oil interceptor tank, trenches and piping in accordance with applicable laws. SCHEDULE 1-B TENANT PERFORMED LANDLORD WORK 1. Demolish and remove CO2 exhaust system, vehicle area equipment, interior concrete masonry walls between the garage bays and open warehouse area. 2. Install handicap parking signage at front of building. 3. Install additional lighting ...
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LANDLORD PAYMENT. In the event Tenant orders any construction, alteration, decorating or repair work and fails to pay amounts when due to the contractor or contractors in connection with such items, Landlord, without any obligation to do so, may pay any such amounts directly to such contractor or contractors and the amounts paid by Landlord shall be deemed Rent under this Lease, payable upon billing therefor.
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Related to LANDLORD PAYMENT

  • Landlord Liability Tenant, its successors and assigns, shall not assert nor seek to enforce any claim for breach of this Lease against any of Landlord's assets other than Landlord's interest in the Industrial Center. Tenant agrees to look solely to such interest for the satisfaction of any liability or claim against Landlord under this Lease. In no event whatsoever shall Landlord (which term shall include, without limitation, any general or limited partner, trustees, beneficiaries, officers, directors, or stockholders of Landlord) ever be personally liable for any such liability.

  • Landlord’s Fees Whenever Tenant requests Landlord to take any action not required of it hereunder or give any consent required or permitted under this Lease, Tenant will reimburse Landlord for Landlord’s reasonable, out-of-pocket costs payable to third parties and incurred by Landlord in reviewing the proposed action or consent, including reasonable attorneys’, engineers’ or architects’ fees, within thirty (30) days after Landlord’s delivery to Tenant of a statement of such costs. Tenant will be obligated to make such reimbursement without regard to whether Landlord consents to any such proposed action.

  • Landlord’s Expenses In the event Tenant shall assign this Lease or sublet the Premises or request the consent of Landlord to any Transfer, then Tenant shall pay Landlord's reasonable costs and expenses incurred in connection therewith, including, but not limited to, attorneys', architects', accountants', engineers' or other consultants' fees.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Landlord’s Contribution Landlord shall contribute rent abatements up to the total amount of ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000.00) (“Landlord’s Contribution”) on account of the cost of refurbishing the Leased Premises including design and engineering costs. Landlord’s Contribution shall be available to Tenant only as follows: (i) Tenant shall submit to Landlord a written request to utilize a portion of Landlord’s Contribution as an abatement of one or more monthly installments of Base Rent (as hereinafter defined) (each a “Contribution Request”); (ii) each Contribution Request shall include evidence reasonably satisfactory to Landlord that Tenant has actually paid to contractors and other relevant professionals an amount at least equal to the amount sought in the Contribution Request in connection with construction, design and or other service and materials directly related to and necessary in connection with the Expansion Project (“Refit Expenses”); (iii) unless a Contribution Request is disputed by Landlord within ten (10) days from receipt by Landlord, Tenant shall be entitled to abatement of Base Rent monthly installment(s) first payable not less than thirty (30) days from submission of such Contribution Request to Landlord; (iv) in addition to the foregoing: (A) Tenant shall be limited to no more than three (3) contribution requests per year; (B) each Contribution Request shall be in an amount not less than the lesser of the remaining unused portion of Landlord’s Contribution and the Base Rent payable for one (1) month and shall specify how Tenant intends to apply the Base Rent abatements to upcoming monthly installment(s) of Base Rent; and (C) monthly abatements of Base Rent shall be applied to whole months and Tenant shall have no right to a partial abatement of monthly Base Rent other than with respect to the last Contribution Request.