Improvements Allowance definition

Improvements Allowance the product of Sixteen and 50/100 Dollars ($16.50) multiplied by the rentable area of the Premises.
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Improvements Allowance. A sum equal to $1,597,480.00.
Sample 1Sample 2
Improvements Allowance the product of Forty-one and 50/100 Dollars ($41.50) multiplied by the RSF of the Premises.
Sample 1

Examples of Improvements Allowance in a sentence

  • Notwithstanding the foregoing, Landlord shall provide Tenant with a Tenant Improvements Allowance, described in section 10 below, to be used towards the renovations of the Expansion Premises.

  • The parties acknowledge that so long as the Base Improvements Construction Contract provides for retention as set forth in the immediately preceding sentence, the Trustee shall not holdback any additional retention from payments to be made pursuant to this Section 5.1. The Trustee shall have no obligation to disburse any monies from the Base Improvements Allowance for work which has not been approved by the Base Improvements Architect.

  • In no event shall the Improvements Allowance be payable in respect of Tenant’s costs for furniture, trade fixtures, business equipment or other personal property, for interest or financing costs, or for Tenant’s own administrative or overhead expenses (except for Tenant’s project manager’s fee).

  • Tenant shall pay any excess Tenant Improvements Costs over the Tenant Improvements Allowance.

  • All work to be performed pursuant to the Final Plans described in Section 4.2 below shall be referred to as the “Tenant Improvements.” The Tenant Improvements shall be completed by Tenant at Tenant’s sole cost and expense, subject to Landlord’s obligation to pay the Tenant Improvements Allowance described in Section 5 in accordance with the terms and conditions of this Agreement and the Final Plans.

  • The parties further acknowledge that, notwithstanding anything to the contrary contained in the Lease, Landlord shall have no obligation to fund any additional Tenant Improvements Allowance for the Phase II Premises.

  • Tenant acknowledges that Tenant’s Work is being accomplished for its own account, Landlord having no responsibility or obligation in respect thereof, subject to the obligations of Landlord set forth herein in respect of the Improvements Allowance and those set forth in Exhibit B-1 hereto.

  • Tenant may use a portion of the Improvements Allowance, in no event to exceed an aggregate of one-sixth (1/6th) of the amount specified in Section 1.7 of the Lease, for Tenant’s expenses for a security system and signage installed in accordance with the provisions of this Lease.

  • Notwithstanding the foregoing, Landlord (and not Tenant) shall be responsible for the payment (separate from the Improvements Allowance) of such any so-called “tap” or connection fee required to be paid in order to connect the Premises to water and sewer service provided by the local governmental agencies or utilities.

  • Landlord shall pay to Tenant the Improvements Allowance in an amount up to that specified in Section 1.7 of the Lease.


More Definitions of Improvements Allowance

Improvements Allowance. [as defined in Section 3(b) of Exhibit C to the Lease] is hereby increased by Eight Hundred Sixty-Five Thousand Four Hundred Twenty-Two and 00/100 Dollars ($865,422.00) (the "Supplemental Allowance") to Two Million Six Hundred Fifty-One Thousand Eight Hundred Eighty-One and 00/100 Dollars ($2,651,881.00). It is expressly understood and agreed that the time period for Tenant to utilize the Supplemental Allowance shall be extended until December 31, 2000.
Sample 1
Improvements Allowance means, for the purpose of this Lease, an amount equal to the lesser of (A) the Construction Cost, and (B) the Maximum Improvements Allowance (as hereinafter defined).
Sample 1
Improvements Allowance. $123,510 (the product of Fifteen Dollars ($15.00) multiplied by the rentable area ofthe Premises). 1.11 Landlord Notice Address: c/o Columbia Property Trust, 000 Xxxxxxxxxx Xxxxxx, Xxxxx 000, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000, Attention: Asset Manager of West Region. 1.12 Landlord Payment Address: Via Mail 7 Columbia REIT University Circle, L.P. PO. Xxx 000000 Xxxxxxxx XX 00 000-0000 Via Overnight Delivery JPMorgan Chase 2710 Media Center Drive, Xxxxxxxx 0, Xxxxx # 000 Los Angeles, CA 90065 Attn: Columbia REIT — University Circle, L.P. #100730 Via Wire Bank Name ilP. Xxxxxx Xxxxx Bank Address ~ 000 Xxxx Xxxxxx, Xxx Xxxx, XX 00000 ABA #000000000 Wires & ACH Swift Code (International Wires): CI-IASU33 ~ 7 Account Name Columbia REIT University Circle, L.P. Account # 230 531 954 REF: To be provided by Tenant At Landlord’s option upon at least thirty (30) days written notice, Tenant shall make all payments by means of electronic transfer of funds or in such other customary and standard manner as Landlord may from time to time specify in writing. 1,13 Lease Commencement Date: October 1, 2018. 1.14 Lease Term: Fifty—seven (57) months, subject to Section 3.1. 1.15 [Intentionally Omitted]. 1.16 [Intentionally Omitted]. 117 Parking Space Allotment: The right to park, on an unreserved and nonexclusive basis, up to twenty—five (25) passenger automobiles, wnsmsuozm 11 3844777004056 2
Sample 1

Related to Improvements Allowance

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Public improvement costs means the costs of:

  • Tenant Improvements Defined in Exhibit B, if any.

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Minimum Improvements means the acquisition of land and construction of a 64-unit market rate residential apartment building and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Improvement means the acquisition, construction, installation, or maintenance of any tangible property with an estimated useful life of five years or more including, but not limited to, the following:

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Improvements shall have the meaning set forth in the granting clause of the Mortgage.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Home improvement means the remodeling, altering,

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant. Contextual Note: Unless the context clearly indicates otherwise, an above definition for a singular term shall also apply (where appropriate) to the plural form of such term and vice versa to the extent necessary for giving the proper meanings to the terms defined in this Article II and/or terms otherwise used in this Agreement.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.