Allocation of Cost Clause Samples
Allocation of Cost. (1) Estimated Cost under $150,000. Regardless of whether any Hazardous Substances discovered after Notice to Proceed is a Latent Condition or a Known Condition, if the cost to complete the work under the Remedial Work Plan in the aggregate is estimated to cost $150,000 or less, MSR shall conduct all work in the Remedial Work Plan, shall use commercially reasonable efforts to minimize the costs of Remedial Work consistent with achieving a cleanup that complies with applicable Environmental Laws, and shall keep the City and SPS apprised of the progress of the performance of the Remedial Work Plan and its costs. MSR shall pay for the cost of completing the Remedial Work Plan utilizing contingency funds or other private funding sources and without any increase to the SPS Maximum Funding or the City Maximum Funding.
Allocation of Cost. Each party shall bear its own costs and expenses incurred, including travel expenses, during the preparation and submission of the Proposal and all commitments and representations that it makes.
Allocation of Cost. The cost for such Special Order (including the price of such FF81 Products or MS Supplied Parts and the cost of delivery) shall be borne by FF.
Allocation of Cost. Unless otherwise provided in this Agreement each party shall perform its obligations under this Agreement at its own cost.
Allocation of Cost. Should individual meters or apparatus for measurement of consumption for any or all utilities consumed in the Premises by Lessee not be provided, Lessor shall, acting reasonably, allocate the cost of such utilities among such tenants of the Building as consume such utilities using as the basis for such allocation Lessor’s reasonable estimate of the relative rates of allocation by Lessor shall be final and binding on Lessee, and shall be payable by Lessee as Additional Rent on demand.
Allocation of Cost. Landlord shall bear the cost of all Tenant Improvements up to an amount equal to $1,777,608 (the "Tenant Improvement Allowance"). In addition, Landlord shall bear the cost of all permits, architectural and engineering services related to the Tenant Improvements based on the Tenant Improvement Allowance budget. Tenant shall bear the cost of all such Tenant Improvements, permits and services in excess of the Tenant Improvement Allowance. Landlord shall pay a share of each progress billing from its general contractor determined by multiplying the amount of such billing by a fraction, the numerator of which is the Tenant Improvement Allowance, and the denominator of which is the estimated construction cost of all Tenant Improvements to be installed in the Premises and permits required therefor. Tenant shall pay the balance of each progress billing, provided that at such time as Landlord has paid the Tenant Improvement Allowance, all ▇▇▇▇▇▇▇▇ shall be paid entirely by Tenant.
Allocation of Cost. Landlord shall bear the cost of all Renovation ------------------ Improvements, permits, architectural and engineering services related to the Renovation Improvements. Tenant acknowledges that Landlord's target expenditure, including permits and professional services, for the Renovation Improvements is $20.00 per Rentable Area of the Premises, based upon May, 1992, costs with such target amount to be increased by a factor of 4% compounded annually until such funds are expended.
Allocation of Cost. Landlord shall bear the cost of the construction of the Tenant Improvements but not the cost of the Additional Improvements, permits, architectural and engineering services related to the Tenant Improvements other than the Additional Improvements (collectively, “Landlord’s Work”). Tenant shall pay the cost of all improvements in the Premises which are not part of Landlord’s Work including the cost of the Additional Improvements. Landlord shall obtain and submit to Tenant a bid for the cost of the Additional Improvements from Landlord’s contractor. Tenant shall approve or disapprove such bid within seven days. If disapproved, then within seven days following such disapproval Tenant shall provide Landlord with additional information adequate to permit the revision of the plans and specifications and re-pricing of the Additional Improvements for Tenant’s approval. Landlord shall pay a share of each progress billing submitted for work completed from its general contractor determined by multiplying the amount of such billing by a fraction, the numerator of which is the cost of the Landlord’s Work and the denominator of which is the estimated construction cost of all of the Tenant Improvements, including professionals’ fees and permits. Tenant shall pay the balance of such progress billing, provided that at such time as Landlord has paid the cost of all Landlord’s Work, all b▇▇▇▇▇▇▇ shall be paid entirely by T▇▇▇▇▇.
Allocation of Cost. Landlord shall pay up to $402,620.00 (the “Tenant Improvement Allowance”) of the cost of the Tenant Improvements (based upon $20 per rentable square foot). Tenant shall bear the cost of all Tenant Improvements, permits and professional services in excess of the Tenant Improvement Allowance. Landlord shall pay a share of each progress billing from its general contractor (which shall reflect a retention of 10%) determined by multiplying the amount of such billing by a fraction, the numerator of which is the Tenant Improvement Allowance, and the denominator of which is the estimated construction cost of all Tenant Improvements, including the costs of professional services and permits. Tenant shall not be responsible either as an Operating Expense under paragraph 4 of the Lease or as a charge against the Tenant Improvement Allowance, for any expenses incurred by Landlord relating to Landlord’s obligations under paragraphs 1 or 2 above. Tenant shall, however, be responsible for the cost of any Tenant Improvements that exceed the Tenant Improvement Allowance. If the cost of the Tenant Improvements is less than the Tenant Improvement Allowance, then, at any time during the first year of the term of the Lease, provided Tenant is not then in default under the Lease, Landlord shall reimburse Tenant for the cost of any Tenant’s Work (as defined below) up to an amount equal to the difference between the Tenant Improvement Allowance and the actual cost of the Tenant Improvements within fifteen (15) days following Tenant’s request accompanied by appropriate invoices, proof of payment and lien releases, if any. Landlord’s contractor shall be required to obtain three (3) bids from its licensed subcontractors to insure fair pricing for Tenant Improvements and submit such bids to Tenant for review.