Cost of Tenant Improvements Sample Clauses

Cost of Tenant Improvements. Except as provided in Section 3.3.3 below, the Tenant Improvement Work shall be performed at Landlord’s expense.

Cost of Tenant Improvements. A. Landlord shall complete, or cause to be completed, the Tenant Improvements, at the construction cost shown in the Final Cost Estimate (subject to the provisions of this Work Letter), in accordance with final Working Drawings and Specifications approved by both Landlord and Tenant. Landlord shall pay towards the final construction costs (“Completion Cost”) as incurred a maximum of $259,446.00 (“Landlord Contribution”), based on $22.00 per usable square foot of the Premises, and Tenant shall be fully responsible for the remainder (“Tenant Contribution”). If the actual cost of completion of the Tenant Improvements is less than the maximum amount provided for the Landlord Contribution or remains unused after March 31, 2019, such savings shall inure to the benefit of Landlord and Tenant shall not be entitled to any credit or payment or to apply the savings toward additional work. B. The Completion Cost shall include all direct costs of Landlord in completing the Tenant Improvements, including but not limited to the following: (i) payments made to architects, engineers, contractors, subcontractors and other third party consultants in the performance of the work, (ii) permit fees and other sums paid to governmental agencies, (iii) costs of all materials incorporated into the work or used in connection with the work (excluding any furniture, fixtures and equipment relating to the Premises), and (iv) signage costs. The Completion Cost shall also include an administrative/supervision fee to be paid to Landlord in the amount of 3% of all such direct costs. C. Prior to start of construction of the Tenant Improvements, Tenant shall pay to Landlord 50% of the amount of the Tenant Contribution set forth in the approved Final Cost Estimate. The remaining 50% of the amount of the Tenant Contribution set forth in the approved Final Cost Estimate shall be due to Landlord upon substantial completion of the Tenant Improvements. In addition, if the actual Completion Cost of the Tenant Improvements is greater than the Final Cost Estimate because of modifications or extras requested by Tenant and not reflected on the approved working drawings, or because of Tenant Delays, then Tenant shall pay to Landlord, within 20 days following submission of an invoice therefor, all such additional costs, including any additional architectural fee. If Tenant defaults in the payment of any sums due under this Work Letter, Landlord shall (in addition to all other remedies) have the same right...

Cost of Tenant Improvements. Landlord will pay all costs and expenses of installing and constructing Tenant Improvements outlined in Exhibit “B” hereto. LANDLORD: TENANT: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 1. Sidewalks, halls, passages, exits, entrances, elevators, escalators and stairways shall not be obstructed by Tenants or used by them for any purpose other than for ingress and egress from their respective premises. The halls, passages, exits, entrances, elevators and stairways are not for the use of the general public and Landlord shall in all cases retain the right to control and prevent access thereto by all persons whose presence, in the judgment of Landlord, shall be prejudicial to the safety, character, reputation and interests of the Building and its Tenants, provided that nothing herein contained shall be construed to prevent such access to persons with whom any Tenant normally deals in the ordinary course of such Tenant’s business unless such persons are engaged in illegal activities. No Tenant, and no employees or invitees of any Tenant, shall go upon the roof of the Building, except as authorized by Landlord. 2. No sign, placard, picture, name, advertisement or notice, visible from the exterior of leased premises shall be inscribed, painted, affixed, installed or otherwise displayed by any Tenant either on its premises or any part of the Building without the prior written consent of Landlord, such consent not to be unreasonably withheld, and Landlord shall have the right to remove any such sign, placard, picture, name, advertisement, or notice without notice to and at the expense of Tenant. If Landlord shall have given such consent to any Tenant at any time, whether before or after the execution of the Lease, such consent shall in no way operate as a waiver or release of any of the provisions hereof or of such Lease, and shall be deemed to relate only to the particular sign, placard, picture, name, advertisement or notice so consented to by Landlord and shall not be construed as dispensing with the necessity of obtaining the specific written consent of Landlord with respect to any other such sign, placard, picture, name, advertisement or notice. All approved signs or lettering on doors and walls shall be printed, painted, affixed and inscribed at the expense of the Tenant by a person approved by Landlord. 3. The bulletin board or directory of the Building will be provided exclusively for the display of the name and location of Tenants only and Landlord reserves the...

Cost of Tenant Improvements. Landlord shall contribute --------------------------- $32.00 per rentable square foot in the Premises (i.e., $629,824.00) toward the cost of the design (including preparation of space plans and Construction Documents), construction and installation of the Tenant Improvements, including costs of cabling and wiring the Premises. The balance, if any, of the cost of the Tenant Improvements ("Additional Cost"), including, but not limited to, usual markups for overhead, supervision and profit, shall be paid by Tenant. Tenant shall pay Landlord 50% of the Additional Cost based upon the Final Cost Estimate prior to the commencement of construction of the Tenant Improvements. The balance of the actual Additional Cost shall be paid to Landlord upon Substantial Completion of the Tenant Improvements, within ten (10) days after receipt of Landlord's invoice therefor. Landlord will use reasonable care in preparing the cost estimates, but they are estimates only and do not limit Tenant's obligation to pay for the actual Additional Cost of the Tenant Improvements, whether or not it exceeds the estimated amounts. Tenant shall pay Landlord a supervision fee equal to three percent (3%) of the total cost of the Tenant Improvements in connection with Landlord's performance of the Tenant Improvements. In connection with the Tenant Improvements, Landlord shall, at its expense, remove the existing internal staircase between the 19/th/ and 20/th/ floors and fill in such stairway opening.

Cost of Tenant Improvements. [IF APPLICABLE: Landlord shall provide at its sole cost and expense the Landlord’s Work described in Addendum 4 on the terms and conditions provided in such Addendum.] [OR IF APPLICABLE: Landlord will perform Landlord’s Work at Tenant’s cost and expense, provided that Landlord shall contribute toward the cost of Landlord’s Work the Tenant Improvement Allowance (as defined below) in accordance with the terms of Addendum 4, to be applied towards the actual hard and soft costs incurred by Landlord in connection with permanently affixed improvements made to the Premises (including the cost of all architectural and engineering fees, licenses and permits in connection therewith, but not including costs of telecommunications and furniture installation).] [OR, if Tenant constructs its Tenant Improvements: Tenant shall provide at its sole cost and expense the Tenant Improvements described in Addendum 4 on the terms and conditions set forth herein and as provided in Addendum 4. [IF APPLICABLE: Landlord shall provide to Tenant a Tenant Improvement Allowance of Dollars ($ ) per square foot (the “Tenant Improvement Allowance”) to be applied towards the actual costs [AS APPLICABLE: incurred by Landlord in performing the Landlord’s Work, as is provided in the Work Agreement. Tenant shall pay any Excess Costs (defined in the Work Agreement) above the amount of the Tenant Improvement Allowance to Landlord within the time period and as otherwise provided for in the Work Agreement] [OR IF APPLICABLE: incurred by Tenant for the Tenant Improvements pursuant to the terms and conditions provided for, and as specified, in the Work Agreement. Landlord shall disburse the Tenant Improvement Allowance to Tenant upon completion of the Tenant Improvements and upon Landlord’s receipt of final lien releases from all parties who performed the Tenant Improvements and all other documentation required to be submitted by Tenant for Close-Out as provided for and in accordance with the terms and conditions of the Work Agreement. In order to receive disbursement of the Tenant Improvement Allowance, Tenant shall deliver to Landlord a written request for disbursement of the Tenant Improvement Allowance (or portions thereof) (a “Request for Disbursement”), which Request for Disbursement shall (A) specify the amount of Tenant Improvement costs incurred during completion of the Tenant Improvements and reasonable substantiation of payment by Tenant of the same, and (B) itemize the actual cost to Tenan...

Cost of Tenant Improvements. Any request by Tenant for improvements or installations in the Premises shall be submitted in writing together with plans and specifications for Landlord’s review and approval. Landlord, in its sole discretion, may withhold its approval. If Landlord approves any such request, Landlord shall provide the improvements or installation at Tenant’s sole cost and expense. Tenant shall pay Landlord a fee, consistent with the fee paid for Landlord capital projects, for coordinating and managing the improvements.

Cost of Tenant Improvements. Landlord shall provide at its sole cost and expense the Tenant Improvements on the terms and conditions provided in Addendum 4.

Cost of Tenant Improvements. Allowance, when Landlord constructs Tenant Improvements and Landlord provides Tenant Improvement Allowance]

Cost of Tenant Improvements. Landlord shall provide to Tenant a Tenant Improvement Allowance of _________ dollars ($ _______) per rentable square foot (the "Tenant Improvement Allowance") towards the actual costs incurred by Landlord for the Tenant Improvements on the terms and conditions provided for in the Work Agreement. If the construction costs for Tenant Improvements under the Work Agreement exceed the Tenant Improvement Allowance, and if such costs are not the result of defective or inadequate design by Landlord, Tenant shall be solely responsible for such excess costs ("Excess Costs"). Tenant shall pay Landlord all Excess Costs up to a maximum of 100% of the amount approved by Tenant pursuant to Section 3(c) of the Work Agreement without imposition of overhead by Landlord. Any failure of Tenant to pay Landlord for such Excess Costs shall constitute a default under the terms of this Lease. If the construction costs for the Tenant Improvements are less than the Tenant Improvement Allowance, all such unutilized Tenant Improvement Allowance amounts shall be credited to the rent otherwise payable by ▇▇▇▇▇▇. Construction costs resulting from defective or inadequate design by Landlord shall be paid by Landlord.