Tenant Improvement Payments definition

Tenant Improvement Payments means the payments required to be made by the District pursuant to the Construction Services Agreement and Exhibit “C” of the Sublease.
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Tenant Improvement Payments means the payments required to be made by the District pursuant to Section 21 of the Construction Services Agreement and Exhibit “C” of the Sublease.
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Tenant Improvement Payments means payment(s) for Work as set forth and further defined in Article 3 of the Facilities Lease and discussed in Section 12 of the General Conditions.
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Examples of Tenant Improvement Payments in a sentence

  • If District is not then in Default hereunder, District shall have the option to purchase not less than all of Contractor's interests under this Facilities Lease and terminate this Facilities Lease and Site Lease, and shall pay Contractor for Work satisfactorily performed, as that term is defined in the Project Manual (Exhibit B to this Facilities Lease) and Exhibit A to this Facilities Lease, less any Lease Payments paid and Tenant Improvement Payments paid by District.

  • Tenant Improvement Payments will be processed based on the amount of Work performed according to the Developer’s Schedule of Values (Exhibit G to the Facilities Lease) and pursuant to the provisions in Exhibit D to the Facilities Lease, including withholding for or escrow of retention of five percent (5%) of the Guaranteed Maximum Price.

  • All prior certifications, upon which partial Tenant Improvement Payments may have been made, being merely estimates, shall be subject to correction in the final certificate.

  • In no event shall the cumulative total of the Tenant Improvement Payments and the Loan Amount for the Lease Payments ever exceed the Guaranteed Maximum Price to be defined, as may be modified pursuant to Exhibit D to the Facilities Lease.

  • The District shall withhold two and one-half percent (2.5%) from each of the Tenant Improvement Payments.

  • Notwithstanding the foregoing, Contractor shall be entitled to Tenant Improvement Payments only for work satisfactorily performed and accepted.

  • The Contractor shall include in the Application for Tenant Improvement Payments an itemized list of equipment and materials that are stored off-site and are in the Contractor’s possession.

  • No partial taking shall limit District’s obligation to pay any Tenant Improvement Payments earned and otherwise owed under this Facilities Lease.

  • If a cost impact or a change is agreed to by the Parties, it shall be reflected as a reduction or increase in the Tenant Improvement Payments and paid upon the payment request from the Contractor when the work is performed or deducted from the next payment request from the Contractor, as applicable.

  • District shall pay the Guaranteed Project Cost to Contractor in the form of Tenant Improvement Payments and Lease Payments plus interest as indicated herein.


More Definitions of Tenant Improvement Payments

Tenant Improvement Payments as used in this Agreement shall mean the payments made by the District to Contractor pursuant to Section 6 of the Sublease.
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Tenant Improvement Payments. As noted in Exhibit "B", Fixed Rent to be paid by Tenant from and after the Commencement Date includes amounts designed to reimburse Landlord for a portion of the Tenant Allowance advanced by Landlord, such amounts being based upon a 10 year level payment amortization schedule with interest at 10%. Prior to the Commencement Date, Tenant shall reimburse Landlord for the remainder of the Tenant Allowance (based upon the same amortization schedule and interest rate), in equal consecutive monthly payments of $7,875.00 (the "Tenant Improvement Payments"). The Tenant Improvement Payments shall be due on the first day of each month during the period commencing on January 1, 1997 and terminating on March 1, 2002. The Tenant Improvement Payments shall constitute Additional Rent under this Lease. Schedule In addition to complying with the requirements for Plans and Specifications generally (as set forth in this Exhibit "L"), the Tenant Work Plans shall comply with the following requirements:
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Related to Tenant Improvement Payments

  • Tenant Improvements Defined in Exhibit B, if any.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • 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;

  • 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.

  • 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.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • demolition work means a method to dismantle, wreck, break, pull down or knock down of a structure or part thereof by way of manual labour, machinery, or the use of explosives;

  • Construction Work means any work in connection with⎯

  • Project Improvements means site improvements and facilities that are:

  • Maximum medical improvement means that no further material improvement would reasonably be expected from medical treatment or the passage of time;

  • Installation Work means the construction and installation of the System and the Start-up, testing and acceptance (but not the operation and maintenance) thereof; all performed by or for the Power Producer at the Premises.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Excavation work means the making of any man-made cavity, trench, pit or depression formed by cutting, digging or scooping;

  • Improvement completion assurance means a surety bond, letter of credit,

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • piece-work means any work the pay for which is estimated by the amount of work performed irrespective of the time occupied in its performance;