Building Allowance. Landlord shall provide to Tenant a building ------------------ allowance ("Building Allowance") of not more than $155.00 (in increments of $10.00) per rentable square foot of the Building, provided that under no circumstances (including an increase in the rentable square footage of the Building) shall the aggregate amount of the Building Allowance exceed $8,331,250.00. Within 10 business days after Tenant's receipt of the Budget from Landlord, Tenant shall give Landlord Notice of how much of the Building Allowance Tenant has elected to receive from Landlord. Such election shall be final and binding on Tenant, and may not thereafter be modified without Landlord's consent, which may be granted or withheld in Landlord's sole and absolute discretion. If the Budget for the Building Work is greater than the Building Allowance, Tenant shall deposit with Landlord the difference, in cash, prior to the commencement of Landlord's Work, for disbursement by Landlord to pay Building Costs.
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Building Allowance. Landlord shall provide to Tenant a building ------------------ allowance ("Building AllowanceBUILDING ALLOWANCE") of not more than $155.00 (in increments of $10.00) per rentable square foot of the Building, provided that under no circumstances (including an increase in the rentable square footage of the Building) shall the aggregate amount of the Building Allowance exceed $8,331,250.00. Within 10 business days after Tenant's receipt of the Budget from Landlord, Tenant shall give Landlord Notice of how much of the Building Allowance Tenant has elected to receive from Landlord. Such election shall be final and binding on Tenant, and may not thereafter be modified without Landlord's consent, which may be granted or withheld in Landlord's sole and absolute discretion. If the Budget for the Building Work is greater than the Building Allowance, Tenant shall deposit with Landlord the difference, in cash, prior to the commencement of Landlord's Work, for disbursement by Landlord to pay Building Costs.
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Sources: Work Letter (Paradigm Genetics Inc)