Additional Alterations Sample Clauses
The 'Additional Alterations' clause defines the rules and permissions regarding any changes or modifications made to a property beyond those initially agreed upon. Typically, this clause outlines the process for requesting approval from the landlord or property owner before undertaking further alterations, and may specify the types of changes that require consent or the standards to which alterations must adhere. Its core practical function is to ensure that any modifications are controlled and documented, thereby protecting the interests of both parties and maintaining the integrity of the property.
POPULAR SAMPLE Copied 1 times
Additional Alterations. Tenant shall be entitled to make alterations (“Minor Alterations”) without Landlord’s consent so long as such alterations do not violate any of the four conditions set forth below (in the definition of Major Alterations) and do not exceed a cost of $10,000 in any calendar year. Tenant shall not make or suffer to be made any additional alterations, additions or improvements, that exceed the dollar limitations set forth above or (i) materially affect the structure of the Building or its electrical, plumbing, HVAC or other systems, (ii) are visible from the exterior of the Premises, (iii) are not consistent with Tenant’s permitted use hereunder, or (iv) are not commonly considered typical for customary office use and/or and research and development use (“Major Alterations”) without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Failure of Landlord to give its disapproval within fifteen (15) calendar days after receipt of Tenant’s written request for approval shall constitute approval by Landlord. Any alterations (whether Major Alterations or Minor Alterations) in, on or to the Premises, except for Tenant’s movable furniture and equipment, shall be the property of Tenant during the Term and shall become Landlord’s property at the end of the Term without compensation to Tenant. All Minor Alterations shall be made by Tenant, at Tenant’s sole cost and expense, and, in the event Landlord consents to any Major Alterations, such Major Alterations shall be made by Tenant at Tenant’s sole expense, in accordance with plans and specifications reasonably approved by Landlord, and any contractor or person selected by Tenant to make the same must first be reasonably approved in writing by Landlord. Upon the expiration or sooner termination of the Term, Tenant shall upon demand by Landlord, at Landlord’s election either (i) at Tenant’s sole cost and expense, forthwith and with all due diligence remove any Major Alterations made by or for the account of Tenant, designated by Landlord to be removed (provided, however, that upon the written request of Tenant prior to installation of such Major Alterations, Landlord shall advise Tenant at that time whether or not such Major Alterations must be removed upon the expiration or sooner termination of this Lease), and restore the Premises to its original condition as of the Commencement Date, subject to normal wear and tear and the rights and obligations of Tenant conc...
Additional Alterations. Subtenant shall not make or suffer to be made any additional alterations, additions or improvements to the Subleased Premises without the prior written consent of both Sublandlord and Master Landlord, which may be withheld in the sole discretion of either.
Additional Alterations. The following paragraph is added at the end of Section 7.3 of the Lease:
Additional Alterations. Paragraph 8 of the Lease is amended as follows:
(a) The following shall be added at the end of Paragraph 8(b): Landlord may condition its consent to any proposed Alterations on a requirement that funds in an amount reasonably determined by Landlord’s designated contractor to be sufficient to cause the removal of such Alterations and restoration of the Premises to the condition required by Paragraph 8(e) below upon the expiration or termination of this Lease be provided by Tenant to Landlord upon Landlord’s approval of such Alterations, to be held as additional security for Tenant’s obligations under Paragraph 8(e).
(b) Paragraph 8(c) shall be amended by deleting the existing clause (y) in such Paragraph and replacing it with the following:
Additional Alterations. As used in this Section 9, the term "alteration" shall include the Initial Alterations and any subsequent alteration, addition or improvement. Tenant shall give Landlord not less than ten (10) days' notice of any alteration Tenant desires to make to the Premies. Except for the Initial Alterations, Tenant shall not make any alteration in, or about the Premises without the prior written consent of Landlord unless the alteration does not require a building permit, affect the Building structure, the exterior appearance of the Building, the roof or the Building systems (e.g. electrical systems) and the cost of the alteration is not in excess of Twenty Thousand Dollars ($20,000.00) in each particular instance or in excess of Eighty Thousand Dollars ($80,000.00) in any calendar year. Tenant shall comply with all rules, laws, ordinances and requirements applicable at the time Tenant makes any alteration and shall
Additional Alterations. For all purposes except as noted below (and as found in Sections 6.01 and 15.03 of the Basic Plan Document), Compensation as selected above shall be adjusted by excluding all of the following (or making the specific adjustments described on the Compensation Addendum if Option (10) is selected):
(1) 🗹 Reimbursements or other expense allowances, fringe benefits (cash and non-cash), moving expenses, all deferred compensation, and welfare benefits.
(2) �� Differential Wages (as defined in Section 2.01(k)(2)(B)(i)).
(3) 🗹 Unused leave (as described in Section 2.01(k)(2)(B)(ii)(II)).
(4) 🞎 Overtime pay.
(5) 🞎 Bonuses.
(6) 🞎 Commissions.
(7) 🞎 The value of restricted stock or of a qualified or a non-qualified stock option granted to an Employee by the Employer to the extent such value is includable in the Employee's taxable income.
(8) 🞎 Severance pay received prior to termination of employment. (Severance pay for this purpose would be amounts other than those described in Section 2.01(k)(2)(B)(ii) and any such amounts received following severance from employment would always be excluded.)
(9) 🞎 Amounts paid to, or on behalf of, the Employee to reduce or offset student loan repayment obligations.
(10) �� The Plan has other alterations to the definition of Compensation which cannot be captured solely by the above exclusions. All alterations to the definition of Compensation will be found in the Compensation Addendum rather than this subsection. Section 401(a)(4); (2) for 401(k) Safe Harbor Nonelective Employer Contributions, Compensation must be tested to show that it meets the requirements of Code Section 414(s); (3) for Deferral Contributions and Safe Harbor Matching Employer Contributions, a Participant must be permitted to make Deferral Contributions under the Plan sufficient to receive the full 401(k) Safe Harbor Matching Employer Contribution, determined as a percentage of Compensation meeting the requirements of Code Section 414(s); (4) for Matching Employer Contributions (other than 401(k) Safe Harbor Matching Employer Contributions), Compensation for purposes of applying the limitations on Matching Employer Contributions described in Section 6.10 of the Basic Plan Document (for deemed satisfaction of the "ACP" test) must be tested to show that it meets the requirements of Code Section 414(s). Unless elected otherwise above or in the Compensation Addendum, Compensation will include amounts described in Section 2.01(k)(2)(A) and (B) of the Basic Plan Document...
Additional Alterations. 19 (a) Landlord's Alterations . . . . . . . . . . . . . . . . . . . . . . 19 (b) Landlord's Consent to Tenant's Alterations. . . . . . . . . . . . 20 (c) Permitted Alterations. . . . . . . . . . . . . . . . . . . . . . . 20 (d) Requirements for Tenant Alterations. . . . . . . . . . . . . . . . 20 (e) Removal of Alterations and Restoration.. . . . . . . . . . . . . . 21 (f) Reimbursement of Landlord's Review Costs.. . . . . . . . . . . . . 22
Additional Alterations. As used in this Section 9, the term "alteration" shall include the Initial Alterations and any subsequent alteration, addition or improvement. Tenant shall give Landlord not less than ten (10) days' notice of any alteration Tenant desires to make to the Premises. Except for the Initial Alterations, Tenant shall not make any alteration in, on or about the Premises without the prior written consent of Landlord unless the alteration does not affect the Building structure, the exterior appearance of the Building, the roof or the Building systems (e.g., electrical systems) and such alteration does not require a building permit and the cost of the alteration is not in excess of Fifteen Thousand Dollars ($15,000.00). Tenant shall comply with all rules, laws, ordinances and requirements applicable at the time Tenant makes any alteration and shall deliver to Landlord a complete set of "as built" plans and specifications for each alteration. Tenant shall be solely responsible for maintenance and repair of all alterations made by Tenant.
Additional Alterations. Tenant shall not make or allow to be made any alterations, physical additions or improvements in or to the Premises without first obtaining in writing Landlord’s written consent for such alterations or additions, which consent may be granted or withheld in the sole, unfettered discretion of Landlord if the alterations will affect the Building structure or systems or will be visible from outside the Premises, but which consent shall not be unreasonably withheld if the alterations will not affect the Building structure or systems and will not be visible from outside the Premises.
Additional Alterations. Landlord shall perform the tenant ---------------------- improvement work to the Additional Space requested by Tenant and shown on Exhibit B attached hereto and as specified on the plans and specifications identified as Attachment No.
1. Tenant shall reimburse Landlord for the costs ---------------- incurred by Landlord to perform the tenant improvements, less costs paid by Landlord for the backflow prevention device and fire door. Landlord and Tenant hereby agree that the amount to be paid by Tenant to Landlord to reimburse it for such costs is $41,480.00, together with such additional costs as Landlord may incur because of (a) change orders or other modifications requested by Tenant and approved by Landlord, and (b) costs incurred by Landlord to perform certain pre-occupancy tenant work and improvements, including reconfiguration and installation of modular furniture. Such amount shall be payable as follows: $8,296.00 has heretofore been paid or shall be paid by Tenant to Landlord upon Tenant's execution and delivery of this Sublease. The remaining $33,184.00 shall be paid no later than December 9, 1999. Any additional costs incurred by Landlord under (a) and (b) above shall be billed to Tenant and immediately due and payable.