Common use of Tenant Plan Excess Costs Clause in Contracts

Tenant Plan Excess Costs. To the extent the Approved Tenant Plan Costs exceed the Landlord's Contribution set forth in Section 3.6, or the cost of the Tenant Improvement Work exceeds the Approved Tenant Plan Costs as a result of 44 S:\Lcgal\Waltham\77 Fourth Avcnuc\Lcascs\Phasc Forward (HJ.doc Change Orders requested by Tenant or any Tenant Delay, such excess costs are hereinafter referred to as "Tenant Plan Excess Costs" and shall be paid by Tenant as Additional Rent in accordance with said Section 3.6. Tenant shall notify Landlord in writing, within three (3) days of receipt by Tenant of the Tenant Plans Cost Notice, of either its approval thereof and its authorization to Landlord to proceed with the Tenant Improvement Work in accordance with the Tenant Plans in the event Landlord had no objection to the Tenant Plans, or changes in the Tenant Plans prepared by Tenant's architect which shall be responsive to any objections raised by Landlord. In the event of the latter modification, Landlord shall, as soon as practicable after Landlord obtains price quotations for any changes in the Tenant Plans, quote to Tenant all changes in Tenant Plan Excess Costs resulting from said plan modifications and whether Landlord approves the revised Tenant Plans. Tenant shall, within five (5) days after receipt of Landlord's revised quotation of Tenant Plan Excess Costs submit to Landlord any revisions to the Tenant Plans required by Landlord.

Appears in 1 contract

Samples: Agreement (Care.com Inc)

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Tenant Plan Excess Costs. To the extent that the Approved Tenant Plan Total Project Costs exceed the Landlord's Contribution Tenant Allowance set forth in Section 3.6, or the cost 1.4 of the Tenant Improvement this Work exceeds the Approved Tenant Plan Costs as a result of 44 S:\Lcgal\Waltham\77 Fourth Avcnuc\Lcascs\Phasc Forward (HJ.doc Change Orders requested by Tenant or any Tenant DelayAgreement, such excess costs are hereinafter referred to as "Tenant Plan Excess Costs" and shall be paid by Tenant as Additional Rent in accordance with said Section 3.61.5 of this Work Agreement. Tenant shall notify Landlord in writing, within three (3) days of receipt by Tenant of the Landlord’s statement of Tenant Plans Cost NoticePlan Excess Costs, of either its approval thereof and its authorization to Landlord to proceed with the Tenant Improvement Landlord’s Work in accordance with the Tenant Plans in the event Landlord had no objection to the Tenant Plans, or changes in the Tenant Plans prepared by Tenant's ’s architect which shall be responsive to any objections raised by Landlord. In the event of the latter modification, Landlord shall, as soon as practicable after Landlord obtains price quotations for any changes in the Tenant Plans, quote to Tenant all changes in Tenant Plan Excess Costs resulting from said plan modifications and whether Landlord approves the revised Tenant Plans. Tenant shall, within five (5) days after receipt of Landlord's ’s revised quotation of Tenant Plan Excess Costs submit to Landlord any revisions to the Tenant Plans required by Landlord. Without limitation, Tenant Plan Excess Costs shall expressly include any and all additional or increased costs to perform the Landlord’s Work as the result of any errors, defects, discrepancies or inconsistencies in the Plans.

Appears in 1 contract

Samples: Boston, Massachusetts (Rapid7, Inc.)

Tenant Plan Excess Costs. To the extent the Approved Tenant Plan Costs exceed the Landlord's Contribution set forth in Section 3.6, or the cost costs of the Tenant Improvement Work exceeds exceed the Approved Tenant Plan Costs as a result Allowance set forth in Section 1.4 of 44 S:\Lcgal\Waltham\77 Fourth Avcnuc\Lcascs\Phasc Forward (HJ.doc Change Orders requested by Tenant or any Tenant Delaythis Work Agreement, such excess costs are hereinafter referred to as "Tenant Plan Excess Costs" and shall be paid by Tenant as Additional Rent in accordance with said Section 3.61.5 of this Work Agreement. Tenant shall notify Landlord in writing, within three (3) days of receipt by Tenant of the Landlord’s statement of Tenant Plans Cost NoticePlan Excess Costs, of either its approval thereof and its authorization to Landlord to proceed with the Tenant Improvement Work in accordance with the Tenant Plans in the event Landlord had no objection to the Tenant Plans, or changes in the Tenant Plans prepared by Tenant's architect which shall be responsive reasonably acceptable to any objections raised by Landlord. In the event of the latter modification, Landlord shall, as soon as practicable after Landlord obtains price quotations for any changes in the Tenant Plans, quote to Tenant all changes in Tenant Plan Excess Costs resulting from said plan modifications modifications. Except for (i) approved Change Orders (as hereinafter defined), (ii) Tenant Delays (as hereinafter defined), and whether Landlord approves (iii) any and all additional and/or increased costs to perform Tenant Improvement Work as the revised result of any errors, defects, discrepancies or inconsistencies in the Plans (which errors, defects, discrepancies or inconsistencies shall be promptly reviewed by Tenant Plans. and the amount of any additional and/or increased costs in connection therewith reasonably approved by Tenant, with any such delay in Tenant’s review and approval contributing to a Tenant shallDelay), within five (5) days after receipt of Landlord's revised quotation of there shall be no increase in the Tenant Plan Excess Costs submit to Landlord any revisions to the Tenant Plans required by Landlordwithout Tenant’s prior approval.

Appears in 1 contract

Samples: Hayden Avenue (Dicerna Pharmaceuticals Inc)

Tenant Plan Excess Costs. To the extent the Approved Tenant Plan Costs exceed the Landlord's ’s Contribution set forth in Section 3.6, or the cost of the Tenant Improvement Work exceeds the Approved Tenant Plan Costs as a result of 44 S:\Lcgal\Waltham\77 Fourth Avcnuc\Lcascs\Phasc Forward (HJ.doc Change Orders requested by Tenant or any Tenant Delay, such excess costs are hereinafter referred to as "Tenant Plan Excess Costs" and shall be paid by Tenant as Additional Rent in accordance with said Section 3.6. Tenant shall notify Landlord in writing, within three (3) days of receipt by Tenant of the Tenant Plans Cost Notice, of either its approval thereof and its authorization to Landlord to proceed with the Tenant Improvement Work in accordance with the Tenant Plans in the event Landlord had no objection to the Tenant Plans, or changes in the Tenant Plans prepared by Tenant's ’s architect which shall be responsive to any objections raised by Landlord. In the event of the latter modification, Landlord shall, as soon as practicable after Landlord obtains price quotations for any changes in the Tenant Plans, quote to Tenant all changes in Tenant Plan Excess Costs resulting from said plan modifications and whether Landlord approves the revised Tenant Plans. Tenant shall, within five (5) days after receipt of Landlord's ’s revised quotation of Tenant Plan Excess Costs submit to Landlord any revisions to the Tenant Plans required by Landlord.

Appears in 1 contract

Samples: Phase Forward Inc

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Tenant Plan Excess Costs. To the extent the Approved Tenant Plan Costs such costs exceed the Landlord's Contribution Tenant Allowance set forth in Section 3.6, or the cost 1.4 of the Tenant Improvement this Work exceeds the Approved Tenant Plan Costs as a result of 44 S:\Lcgal\Waltham\77 Fourth Avcnuc\Lcascs\Phasc Forward (HJ.doc Change Orders requested by Tenant or any Tenant Delay, Agreements such excess costs are hereinafter referred to as "Tenant Plan Excess Costs" and shall be paid by Tenant as Additional Rent in accordance with said Section 3.6. 1.5 of this Work Agreement, Tenant shall notify Landlord in writing, within three (3) days of receipt by Tenant of the Landlord’s statement of Tenant Plans Cost NoticePlan Excess Costs, of either its approval thereof and its authorization to Landlord to proceed with the Tenant Improvement With Landlord’s Work in accordance with the Tenant Plans in the event Landlord had no objection to the Tenant Plans, or changes in the Tenant Plans prepared by Tenant's ’s architect which shall be responsive to any objections raised by Landlord. In the event of the latter modification, ,: Landlord shall, as soon as practicable after Landlord obtains price quotations for any changes in the Tenant Plans, quote to Tenant all changes in Tenant Plan Excess Costs resulting from said plan modifications and whether Landlord approves the revised Tenant Plans. Tenant shall, within five (5) days after receipt of Landlord's ’s revised quotation of Tenant Plan Excess Costs submit to Landlord any revisions to the Tenant Plans required by Landlord.

Appears in 1 contract

Samples: Sublease (Flex Pharma, Inc.)

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