Common use of Over-Allowance Amount Clause in Contracts

Over-Allowance Amount. The amount by which the Total Project Cost exceeds the amount of the Tenant Improvement Allowance remaining as of the commencement of construction of the Tenant Improvements is referred to herein as the “Over Allowance Amount”. During the course of construction of the Tenant Improvements, Tenant shall pay a fraction of each amount to be disbursed by Landlord or otherwise paid pursuant to the terms of this Tenant Work Letter (the “Over Allowance Payments”), the numerator of which fraction shall equal the projected Over Allowance Amount, and the denominator of which fraction shall equal the projected Total Project Cost, and such payment by Tenant shall be a condition to Landlord’s obligation to pay any amounts of the Tenant Improvement Allowance. To the extent the projected Total Project Cost changes during the course of design and construction of the Tenant Improvements, including as the result of any Tenant Change Requests, the Over Allowance Payments shall be appropriately adjusted. Any delays in the construction of the Tenant Improvements resulting from Tenant’s failure to make any Over Allowance Payments shall be a Tenant Delay.

Over-Allowance Amount. The amount by which If the Total Project Cost exceeds Proposal shows costs greater than the amount of the Tenant Improvement Allowance remaining (the "OVER-ALLOWANCE AMOUNT"), then Tenant shall pay the Over-Allowance Amount as of follows. Once the commencement of construction of Cost Proposal is approved and the Tenant Improvements is referred to herein as the “Over Over-Allowance Amount”. During , if any, is determined, a construction budget shall be prepared which will allocate, on a monthly basis, over the course of construction of entire completion schedule for the Tenant Improvements, the disbursement of the Tenant Improvement Allowance and the Over-Allowance Amount, on a pro-rata basis, based on the ratio of the total Cost Proposal to the total Over-Allowance Amount. Tenant shall pay a fraction the monthly allocation of the Over-Allowance Amount each amount to be disbursed by Landlord or otherwise month, over the completion schedule for the Tenant Improvements, until the Over-Allowance Amount is paid pursuant to the terms of this Tenant Work Letter (the “Over Allowance Payments”), the numerator of which fraction shall equal the projected Over Allowance Amount, and the denominator of which fraction shall equal the projected Total Project Cost, and such in full. Such payment by Tenant shall be a condition to Landlord’s 's obligation to pay any amounts of Tenant Improvements Allowance hereunder. In the Tenant Improvement Allowance. To event that, after the extent Cost Proposal Delivery Date, any revisions, changes, or substitutions shall be made to the projected Total Project Cost changes during the course of design and construction of Construction Drawings or the Tenant Improvements, including as which are the result of changes or additions required by Tenant, any Tenant Change Requestsadditional costs which arise in connection with such revisions, the Over Allowance Payments changes or substitutions or any other additional costs shall be appropriately adjusted. Any delays added to the Over-Allowance Amount and paid by Tenant in accordance with the construction of the Tenant Improvements resulting from Tenant’s failure to make any Over Allowance Payments shall be a Tenant Delayforegoing provision.

Over-Allowance Amount. The For purposes of this Lease, the “Over- Allowance Amount” shall equal the difference between (i) the amount by which of the Total Project Contract Cost exceeds and (ii) the amount of the Tenant Improvement Allowance remaining as of the commencement of construction of the Tenant Improvements is referred to herein as the “Over Allowance Amount”Allowance. During the course of construction of the Tenant Improvements, Tenant shall pay pay, immediately upon written notice from Landlord, a fraction percentage of each amount due from Landlord to be disbursed by Landlord the Contractor or otherwise paid pursuant to the terms of disbursed under this Tenant Work Letter (Letter, which percentage shall be equal to the “Over amount of the Over-Allowance Payments”), Amount divided by the numerator amount of which fraction shall equal the projected Over Allowance Amount, and the denominator of which fraction shall equal the projected Total Project Contract Cost, and such payment by Tenant shall be a condition to Landlord’s obligation to pay any amounts of the Tenant Improvement Allowance. To In the extent event that, following the projected Total Project Cost changes during Selection Date, the course of cost relating to the design and construction of the Tenant ImprovementsImprovements shall change, including as any additional costs over the result of any Tenant Change Requests, the Over Improvement Allowance Payments shall be appropriately adjustedadded to the Over-Allowance Amount and Tenant shall be responsible therefor and shall pay for the same as Landlord disburses any then remaining Tenant Improvement Allowance in a pro rata manner consistent with the terms hereof. Any delays In no event shall Landlord be obligated to disburse an amount in the construction excess of the Tenant Improvements resulting from Tenant’s failure Improvement Allowance pursuant to make any Over Allowance Payments shall be a the terms of this Tenant DelayWork Letter.