Common use of Minimum Investment Amount Clause in Contracts

Minimum Investment Amount. Amount sufficient to conform to the Airport’s design standards and/or to the base building designs and materials. Tenant shall accept the space as‐is and shall be responsible for all improvements. Tenant is also responsible for providing its own electrical and data lines at each Cart Vending Unit. Proposers should pursue professional advice on the cost of retail construction in the San Francisco area and, in particular, in an airport. The design of all tenant improvements must be in compliance with SFO Tenant Guidelines and approved by the Airport Design Review Committee. Based upon unaudited reports from existing tenants, recent concession build‐ outs have ranged from approximately Four Hundred and Fifty Dollars ($450) to Twelve Hundred Dollars ($1,200) per square foot.