Leasehold Improvement Allowance Sample Clauses

Leasehold Improvement Allowance. Red Bird hereby grants to Embassy a tenant improvement allowance of $44,512.50 (3,561 square feet of interior rentable space at $12,50 per square foot) which amount may be used by Embassy as an offset against the rent due hereunder.
AutoNDA by SimpleDocs
Leasehold Improvement Allowance. Landlord shall contribute an amount equal to Twenty-Five and 00/100 Dollars ($25.00) per net rentable square foot, inclusive of all design fees and moving allowance ("Leasehold Improvement Allowance") for the actual costs of designing and constructing the Leasehold Improvements as such costs are incurred. Landlord shall pay actual costs, up to a maximum amount equal to the Leasehold Improvement Allowance directly to the contractor promptly following receipt of billing and reasonably satisfactory documentation, including appropriate contractor affidavits and waivers from the contractor and all subcontractors engaged in installing or constructing the Leasehold Improvements. Notwithstanding the foregoing, Tenant, at Tenant's election, shall be entitled to increase its Leasehold Improvement Allowance up to but not exceeding Forty-Five and 00/100 Dollars ($45.00) per net rentable square foot of space with the Premises. In the event Tenant elects to increase the Leasehold Improvement Allowance above the Twenty-Five and 00/100 Dollars ($25.00) per net rentable square foot amount otherwise provided in this Lease, the Base Rent due and payable under this Lease for the eighty-four (84) month Term of this Lease shall be proportionately increased as follows: if Tenant increases the Leasehold Improvement Allowance to Forty-Five and 00/100 Dollars ($45.00) per net rentable square foot, the Base Rent rate for the initial twelve (12) month period of this Lease shall be Fourteen and 35/100 Dollars ($14.35) per net rentable square foot, and if such increased Leasehold Improvement Allowance used is less than Forty-Five and 00/100 Dollars ($45.00) per net rentable square foot, the Base Rent rate for the shall be proportionately adjusted for initial twelve (12) month period of this Lease. In such event, this Lease shall be promptly amended, as appropriate, to reflect the revised initial Base Rent as well as the revised Base Rent for each subsequent twelve (12) month period of the Lease Term. The Base Rent Escalation shall not apply to the portion of the Base Rent attributable to Tenant's increase of the Leasehold Improvement Allowance.
Leasehold Improvement Allowance. 31.1 For greater certainty, the Leasehold Improvement Allowance of $1,380,000.00 plus GST shall be paid by the Landlord to the Tenant within 15 days of the following being complete:
Leasehold Improvement Allowance. The Landlord will pay to the Tenant as a contribution towards the cost of the Tenant’s leasehold improvements (the “Tenant’s Work”), Twenty-five Dollars ($25.00) per square foot of Rentable Area of the Leased Premises (plus applicable taxes) (the “Allowance”). This Allowance shall be payable upon the completion of the items listed hereto in Schedule “C”, which shall be incorporated into the Landlord’s standard Tenant Work Agreement forming part of the Lease. Should the Tenant’s Work cost less than the Allowance, the difference will be applied in reduction of the Basic Rent and Operating Costs and Property Taxes payments due under the Lease to a maximum of up to Ten Dollars ($10.00) per square foot of Rentable Area of the Leased Premises, plus applicable taxes.
Leasehold Improvement Allowance. LANDLORD shall provide TENANT with a Leasehold Improvement Allowance in the amount of $ [INSERT DOLLAR AMOUNT IN WORDS AND NUMBERS e.g, FIFTY and 00/100 Dollars ($50.00)] per square foot for a total of [INSERT DOLLAR AMOUNT IN WORDS AND NUMBERS, e.g, FIFTY THOUSAND and 00/100 Dollars ($50,000.00)] toward the cost of design, purchase and construction of Leasehold Improvements, including without limitation design, engineering, construction, and consulting fees (“Leasehold Improvement Costs”). LANDLORD may elect to hire a construction manager or owner’s representative, which cost shall be excluded from the Leasehold Improvements and be the sole cost and responsibility of LANDLORD. The Leasehold Improvement Allowance shall be used for payment of the following Leasehold Improvement costs: Preparation by LANDLORD or LANDLORD’s architect of the Preliminary Plans and Construction Plans and Specifications, including all fees charged by governmental authorities (such as building permits or plan reviews) in connection with the Leasehold Improvement work on the Leased Premises; Construction Work for completion of the Leasehold Improvements as reflected in the Construction Contract; All contractor’s charges, general conditions, performance bond premiums and construction fees.
Leasehold Improvement Allowance. Landlord agrees to pay to Tenant a leasehold improvement allowance computed at the rate of $8.00 per square foot or rentable area of the Premises payable on the due execution of this lease by Tenant.
Leasehold Improvement Allowance. (a) Landlord shall pay to the Tenant named herein, one time only, a leasehold improvement allowance calculated at up to One Hundred and Thirty-Three Thousand, Five Hundred Dollars ($133,500.00), plus Sales Taxes, if applicable (“Leasehold Improvement Allowance”), to be applied by Tenant toward the cost of the Tenant’s Work on the latest to occur of:
AutoNDA by SimpleDocs
Leasehold Improvement Allowance. The Landlord shall provide the Tenant with an amount equal to Three Hundred Thousand Dollars ($300,000.00) plus G.S.T. (the "Leasehold Improvement Allowance") to be applied toward the cost of constructing leasehold improvements in the Premises (the "Leasehold Improvements"). The Landlord shall provide the Tenant with "turnkey" Premises at its sole expense and in a good and workmanlike manner with first class materials, on or before the Commencement Date, in accordance with the Plans and Specifications (as defined in section 6 of the Offer to Lease) accepted by the Tenant on April 25, 2002. Notwithstanding anything else contained herein the "turnkey" Premises shall consist of the Landlord completing its work as set out in section 44 hereunder.
Leasehold Improvement Allowance a) It is understood and agreed that Landlord shall pay to Tenant a leasehold improvement allowance being the sum of thirty-five dollars ($35.00) per sq.ft. multiplied by the Rentable Area of the Leased Premises, together with GST thereon, (the “Leasehold Improvement Allowance”). Tenant shall use the Leasehold Improvement Allowance to pay the cost of Txxxxx’s work in the Leased Premises for its use and operation.
Leasehold Improvement Allowance. The Landlord will pay to the Tenant, as a contribution towards the cost of approved leasehold improvements, such approval not to be unreasonably withheld or delayed, installed by or on behalf of the Tenant, the sum of:
Time is Money Join Law Insider Premium to draft better contracts faster.