Payment for the Tenant Improvements Sample Clauses
Payment for the Tenant Improvements. (a) Landlord hereby grants to Tenant a "Tenant Improvement Allowance" in an amount not to exceed $30.00 per rentable square foot of Rentable Area in the Premises for construction of the Tenant Improvements. The Tenant Improvement Allowance shall be used only for:
(i) Payment of the cost of preparing the space plan and the Tenant Improvement Plans, including mechanical, electrical, plumbing and structural drawings and of all other aspects necessary to complete the Tenant Improvement Plans. The Tenant Improvement Allowance will not be used for the payment of extraordinary design work not included within the scope of Landlord's Standard;
(ii) Payment of the cost of plan check, permit and license fees relating to construction of the Tenant Improvements;
(iii) Payment for the cost of construction of the Tenant Improvements, including, but not limited to, the following:
(A) Installation within the Premises of all partitioning, doors, floor coverings, ceilings, wall coverings and painting, millwork and similar items;
(B) All electrical wiring, lighting fixtures, outlets and switches, and other electrical work to be installed with the Premises;
(C) The furnishing and installation of all duct work, terminal boxes, diffusers and accessories required for the completion of the heating, ventilation and air conditioning systems within the Premises;
(D) Any additional Tenant requirements including, but not limited to, covered parking facilities, odor control, special heating, ventilation and air conditioning, noise or vibration control or other special systems;
(E) All fire and life safety control systems including, without limitation, fire walls, halon, fire alarms, piping, wiring and accessories, installed within the Premises; 17
(F) All plumbing, fixtures, pipes and accessories to be installed within the Premises;
(G) Testing and inspection costs; and
(H) Contractors' fees, including but not limited to any fees based on general conditions.
(iv) All other costs to be expended by Landlord in the construction of the Tenant Improvements.
(b) The cost of each item referenced in Paragraph 7(a) above shall be charged against the Tenant Improvement Allowance. In the event that the cost of installing the Tenant Improvements, as established by the Contractor's final bid, shall exceed the Tenant Improvement Allowance, or if any of the Tenant Improvements are not to be paid out of the Tenant Improvement Allowance as provided in Paragraph 7(a) above, the excess (the "Excess") shal...
Payment for the Tenant Improvements. (a) Landlord grants to Tenant a “Tenant Improvement Allowance” of Nine and 00/100 Dollars ($9.00) per Rentable Square Foot of the Additional Premises. This Allowance shall be automatically adjusted and finally determined upon the Rentable Square Footage of the Additional Premises being finally determined by the Space Accountant. The Tenant Improvement Allowance shall only be used for:
(i) Payment of the cost of preparing the Space Plan and the Tenant Improvement Plans, including mechanical, electrical, plumbing and structural drawings, and of all other aspects necessary to complete the Tenant Improvement Plans. The Tenant Improvement Allowance will not be used for the payment of extraordinary design work not included within the scope of Landlord’s Standards or for payments to any other consultants, designers or architects other than Landlord’s architect, space planner or Space Accountant, all of which other costs shall be paid for by Tenant.
(ii) Payment of plan check, permit and license fees relating to construction of the Tenant Improvements.
(iii) Construction of the Tenant Improvements, including, without limitation, the following:
Payment for the Tenant Improvements. (a) Landlord hereby grants to Tenant a "Tenant Improvement Allowance" of $709,590.00. The Tenant Improvement Allowance shall only be used for:
(i) Payment of the cost of preparing the space plan and the Tenant Improvement Plans, including mechanical, electrical, plumbing and structural drawings and of all other aspects necessary to complete the Tenant Improvement Plans. The Tenant Improvement Allowance will not be used for the payment of extraordinary design work or for payments to any other consultants, designers or architects other than Tenant's architect, which excluded costs shall be borne solely by Tenant.
(ii) The payment of plan check, permit and license fees relating to construction of the Tenant Improvements.
(iii) Construction of the Tenant Improvements, including, without limitation, the following:
Payment for the Tenant Improvements. Landlord shall build Tenant Improvements on a Turnkey Basis as per Landlord’s building standards (the “Building Standards”) which shall be delivered to Tenant for approval with the Tenant Improvement Plans and Work Schedule. The costs of the Tenant Improvements shall be paid by Landlord (excluding costs for change orders, which shall be paid by Tenant in accordance with Paragraph
Payment for the Tenant Improvements. Tenant shall be solely responsible for all related construction costs and expense, subject to reimbursement from the Tenant Finish Allowance as herein provided. On or before the 20th day of each month, Tenant shall notify Landlord in writing that a portion of the Tenant Improvements have been substantially completed in accordance with the Plans & Specifications, submitting Contractor's request for payment. Landlord shall inspect the construction and upon verification of substantial completion, Landlord shall, within (20) business days from receipt of Tenant's notice, issue payment jointly to Tenant and Contractor for ninety percent (90%) of the actual cost of the construction completed during that period. Tenant shall provide Landlord with evidence of payment to and lien releases from the Contractor and/or any subcontractors. Final payment of the ten percent (10%) of accrued retainage shall not be made until thirty (30) days after substantial completion of the Tenant Improvements. Such payments shall be charged against the Tenant Improvement Allowance and Landlord's total obligation for payment shall not exceed that amount As conditioned precedent to each payment, Tenant must satisfy the following requirements:
(a) There shall be no event of default which has occurred and is continuing beyond any applicable notice and grace period pursuant to the terms of this Lease.
(b) Tenant shall procure and deliver to Tenant the lien releases and/or waivers of mechanic's liens and receipted bills showing that of the date of the immediately preceding payment all amounts due to parties who furnish materials or services or performed labor of any kind in connection with the Tenant Improvements, have been paid in full.
Payment for the Tenant Improvements shall be pursuant to Section 2.04(g) of the Lease.
Payment for the Tenant Improvements. Landlord shall pay for the cost of completing the Tenant Improvements pursuant to the Space Plan, including the cost to prepare the Space Plan and Construction Documents. If Tenant requests any Change Orders, Tenant shall pay for the differential cost of the Change Order within thirty (30) days after receipt of an invoice from Landlord or the Contractor.
Payment for the Tenant Improvements. (a) Landlord grants to Tenant a "Tenant Improvement Allowance" of Two Hundred Sixteen Thousand Two Hundred Sixty and 00/100 dollars ($216,260.00). The Tenant Improvement Allowance shall only be used for:
(i) Payment of the cost of preparing the Space Plan, the D/D Plan and the Tenant Improvement Plans, including mechanical, electrical, plumbing and structural drawings, and of all other aspects necessary to complete the Tenant Improvement Plans. The Tenant Improvement Allowance will not be used for the payment of extraordinary design work not included within the scope of Landlord's Standards or for payments to any other consultants, designers or architects other than Landlord's architect, space planner or Space Accountant, all of which other costs shall be paid for by Tenant.
(ii) Payment of plan check, permit and license fees relating to construction of the Tenant Improvements.
(iii) Construction of the Tenant Improvements, including, without limitation, the following:
Payment for the Tenant Improvements. (a) Landlord hereby grants to Tenant the "Tenant Improvement Allowances" set forth in Section 1.18 of the Lease. The Tenant Improvement Allowance shall be used only for:
(i) Except as otherwise agreed to in writing by Landlord and Tenant, payment of the cost of preparing the space plan and the Tenant Improvement Plans, including mechanical, electrical, plumbing and structural drawings, and of all other aspects necessary to complete the Tenant Improvement Plans. The Tenant Improvement Allowance will not be used for the payment of extraordinary design work not included within the scope of Landlord's Standards.
(ii) Payment of plan check, permit, and license fees relating to construction of the Tenant Improvements.
(iii) Construction of the Tenant Improvements, including, but not limited to, the following:
Payment for the Tenant Improvements. 5.1 Landlord shall provide Tenant with the Tenant Allowance, which shall be used to pay for the cost of completing the Tenant Improvements, including design fees, construction costs, and the cost of obtaining building and occupancy permits. If there is an Excess Cost, Landlord shall so notify Tenant, and Tenant shall pay the Excess Cost to Landlord within ten (10) days after Landlord's notice is received. Landlord shall make all payments to the Contractors and/or Subcontractors within ten (10) days of receipt of invoices and, if reasonably required by Landlord, executed lien waivers in form and substance reasonably satisfactory to Landlord.
5.2 In addition to the Tenant Allowance, Landlord shall pay for the cost of any improvements to the base building (e.g., the bathrooms) required by the Americans with Disabilities Act or any regulations promulgated thereunder (the "ADA"). All other ADA-related improvements to the Premises shall be paid for by Tenant, subject to the Tenant Allowance.