Common use of Application of TI Allowance Clause in Contracts

Application of TI Allowance. Landlord shall contribute, in the following order, the Base TI Allowance and, if properly requested by Tenant pursuant to the terms of the Amendment, the Additional 3rd Floor TI Allowance toward the costs and expenses incurred in connection with the performance of the TIs, in accordance with Section 4 of the Amendment. If the entire 2nd Floor TI Allowance is not applied toward or reserved for the costs of the TIs, then Tenant may use the remainder for the 3rd Floor TIs. Tenant shall apply for the 3rd Floor TI Allowance and Additional 3rd Floor TI Allowance using an Advance Request (as defined below) no later than March 31, 2012. Tenant shall not be required to use or exhaust the 2nd Floor TI Allowance prior to the 3rd Floor TI Allowance or Additional 3rd Floor TI Allowance. Tenant may apply the Base TI Allowance and, if properly requested by Tenant pursuant to the terms of the Amendment, the Additional 3rd Floor TI Allowance for the payment of construction and other costs in accordance with the terms and provisions of the Amended Lease.