Common use of Tenant Improvement Plans Clause in Contracts

Tenant Improvement Plans. Within five (5) business days after execution of the Amendment, Tenant agrees to meet with Landlord’s architect or space planner for the purpose of promptly preparing a space plan (“Space Plan”). The Space Plan will provide a partition layout depicting the configuration of the Additional Premises. If Tenant fails to deliver to Landlord Tenant’s written disapproval of the Space Plan within five (5) business days after the date the Space Plan, or any revised Space Plan, is first received by Tenant, such failure shall constitute EXHIBIT "B" a Tenant Delay and the Commencement Date shall be accelerated one day for each day of such Tenant Delay. Within fifteen (15) business days after the Space Plan is approved by Tenant pursuant to this Paragraph (which approval shall not be unreasonably withheld), Landlord’s architect or space planner shall promptly prepare final working drawings and specifications for the Tenant Improvements. Those working drawings and specifications are referred to herein as the “Tenant Improvement Plans” and shall be approved by Landlord and Tenant pursuant to Paragraph 5 below. The Tenant Improvement Plans must be consistent with Landlord’s standard specifications (the “Standards”) for tenant improvements for the Building, as the same may be changed from time to time by Landlord.

Appears in 3 contracts

Samples: Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.)

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Tenant Improvement Plans. Landlord and Tenant have approved the space plans for the Initial Tenant Improvements prepared by Tenant's architect and attached to this lease as Exhibit "J" (the "Fit Plan") (the parties acknowledge that the Fit Plan is preliminary, and Tenant may propose refinements thereto for Landlord's approval, which approval shall not be unreasonably withheld). Tenant will provide Landlord, on or before January 16, 2001, complete construction drawings and specifications for the Initial Tenant Improvements. The construction drawings and specifications shall be consistent with the approved Fit Plan. Within five (5) 3 business days after execution its receipt of the Amendmentconstruction drawings and specifications, Landlord shall notify Tenant agrees to meet with Landlord’s architect of its approval or space planner for the purpose of promptly preparing a space plan (“Space Plan”). The Space Plan will provide a partition layout depicting the configuration of the Additional Premises. If Tenant fails to deliver to Landlord Tenant’s written disapproval of the Space Plan within five (5) business days after the date the Space Plan, or any revised Space Plan, is first received by Tenant, such failure shall constitute EXHIBIT "B" a Tenant Delay and the Commencement Date shall be accelerated one day for each day of such Tenant Delay. Within fifteen (15) business days after the Space Plan is approved by Tenant pursuant to this Paragraph thereof (which approval shall not be unreasonably withheld), Landlord’s architect or space planner shall promptly prepare final working and if Landlord disapproves thereof, the revisions that Landlord requires in order to obtain such approval. It is agreed that Landlord will not object to construction drawings and specifications for to the extent that they conform to the approved Fit Plan. As promptly as reasonably possible thereafter, but no later than 3 business days after Landlord's response, Tenant Improvementsshall submit to Landlord modified construction drawings incorporating appropriate revisions. Those working Upon approval of the final construction drawings and specifications, Landlord's and Tenant's authorized representatives shall each evidence such approval by initialing the top of each sheet of the approved construction drawings and specifications. The approved construction drawings and specifications are referred to herein as termed the "Tenant Improvement Plans” and shall be approved by Landlord and Tenant pursuant to Paragraph 5 below. The Tenant Improvement Plans must be consistent with Landlord’s standard specifications (the “Standards”) for tenant improvements for the Building, as the same may be changed from time to time by Landlord".

Appears in 1 contract

Samples: Lease Agreement (Mgi Pharma Inc)

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