Common use of Payment for the Tenant Improvements Clause in Contracts

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") shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. (c) In the event that, after the Tenant Improvement Plans have been prepared and a price therefor established by Contractor's final bid, Tenant shall require any changes or substitutions to the Tenant Improvement Plans, any additional costs related thereto shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. Landlord shall have the right to decline Tenant's request for a change to the Tenant Improvement Plans if such changes are inconsistent with the provisions of Paragraphs 3 and 4 above, or if the change would, in Landlord's opinion, unreasonably delay construction of the Tenant Improvements. (d) In the event that increases in the cost of the Tenant Improvements as set forth in Contractors final bid are due to the requirements of any governmental agency, Tenant shall pay Landlord the amount of such increase within five (5) days of Landlord's written notice; provided, however, that Landlord shall first apply toward such increase any remaining balance in the Tenant Improvement Allowance. (e) In the event that the cost of installing the Tenant Improvements are less that the Tenant Improvement Allowance, then Base Rental as defined in Paragraph 1.M of the Lease shall be reduced by an amount equal to the unused portion of the Tenant Improvement Allowance divided by one-hundred twenty. Notwithstanding anything contained herein to the contrary, Landlord shall install, at their sole cost and expense, nine (9) 10' x 10' and four (4) 8' x 8'3" building standard exterior glass panels.

Payment for the Tenant Improvements. (a) Landlord hereby grants to shall turnkey the Tenant a "Improvements as outlined in Exhibit A and in Section 5 of the Lease Amendment (the “Tenant Improvement Allowance" in an amount not to exceed $30.00 per rentable square foot Improvements”). Landlord’s turnkey delivery of Rentable Area in the Premises for construction of shall include the Tenant Improvements. The Tenant Improvement Allowance shall be used only forfollowing, as applicable: (i) Payment of the cost of preparing the space plan Space Plans and the Tenant Improvement Final Plans, including mechanical, electrical, plumbing and structural drawings and of all other aspects necessary to complete the Tenant Improvement Final 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 The payment of plan check, permit and license fees relating to construction of the Tenant Improvements; (iii) Payment for the cost of construction Construction of the Tenant Improvements, including, but not limited towithout limitation, the following: (Aaa) Installation within the Premises of all partitioning, doors, floor coverings, ceilings, wall coverings and painting, millwork and similar items; (Bbb) All electrical wiring, lighting fixtures, outlets and switches, and other electrical work to be installed with necessary for the Premises; (Ccc) The furnishing and installation of all duct work, terminal boxes, diffusers and accessories required necessary for the completion of the heating, ventilation and air conditioning systems within the Premises, including the cost of meter and key control for after-hour air conditioning; (Ddd) Any additional Tenant requirements improvements to the Premises required for Tenant’s use of the Premises including, but not limited to, covered parking facilities, odor control, special heating, ventilation and air conditioning, noise or vibration control or other special systemssystems or improvements; (Eee) All fire and life safety control systems including, without limitation, such as fire walls, sprinklers, halon, fire alarms, including piping, wiring and accessories, installed within necessary for the Premises; 17; (Fff) All plumbing, fixtures, pipes and accessories to be installed within necessary for the Premises;; and (Ggg) 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") shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. (c) In the event that, after the Tenant Improvement Plans have been prepared and a price therefor established by Contractor's final bid, Tenant shall require any changes or substitutions to the Tenant Improvement Plans, any additional costs related thereto shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. Landlord shall have the right to decline Tenant's request for a change to the Tenant Improvement Plans if such changes are inconsistent with the provisions of Paragraphs 3 and 4 above, or if the change would, in Landlord's opinion, unreasonably delay construction of the Tenant Improvements. (d) In the event that increases in the cost of the Tenant Improvements as set forth in Contractors final bid are due to the requirements of any governmental agency, Tenant shall pay Landlord the amount of such increase within five (5) days of Landlord's written notice; provided, however, that Landlord shall first apply toward such increase any remaining balance in the Tenant Improvement Allowance. (e) In the event that the cost of installing the Tenant Improvements are less that the Tenant Improvement Allowance, then Base Rental as defined in Paragraph 1.M of the Lease shall be reduced by an amount equal to the unused portion of the Tenant Improvement Allowance divided by one-hundred twenty. Notwithstanding anything contained herein to the contrary, Landlord shall install, at their sole cost and expense, nine (9) 10' x 10' and four (4) 8' x 8'3" building standard exterior glass panels.

Payment for the Tenant Improvements. (a) a. Landlord hereby grants to Tenant a "Tenant Improvement Allowance" in an amount not to exceed of Five and No/l00 Dollars ($30.00 5.00) per rentable square foot of Rentable Usable Area in the Premises (as hereinafter set forth) of Suite 530, for construction a total Tenant Improvement Allowance of the Tenant ImprovementsTen Thousand Three Hundred Eighty and No/100 Dollars ($10,380.00). The Tenant Improvement Allowance shall only 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;Standards or for payments to any other consultants, designers or architects other than Landlord's architect and/or space planner. (ii) Payment of the cost The payment of plan check, permit and license fees relating to construction of the Tenant Improvements;. (iii) Payment for the cost of construction Construction of the Tenant Improvements, including, but not limited towithout limitation, the following: (Aa) Installation within the Premises Fifth Expansion Lease Space of all partitioning, doors, floor coverings, ceilings, wall coverings and painting, millwork and similar items; (Bb) All electrical wiring, lighting fixtures, outlets and switches, and other electrical work to be installed with within the PremisesFifth Expansion Lease Space; (Cc) 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 PremisesFifth Expansion Lease Space, including the cost of meter and key control for after-hour air conditioning; (Dd) 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; (Ee) All fire and life safety control systems including, without limitation, such as fire walls, sprinklers, halon, fire alarms, including piping, wiring and accessories, installed within the Premises; 17Fifth Expansion Lease Space; (Ff) All plumbing, fixtures, pipes and accessories to be installed within the PremisesFifth Expansion Lease Space; (Gg) Testing and inspection costs; and; (Hh) Contractors' Contractor's fees, including but not limited to any fees based on general conditions; and (i) Landlord's supervisory fee in an amount equal to five percent (5%) of the total cost of the Tenant Improvements. (iv) All other costs to be expended by Landlord landlord in the construction of the Tenant Improvements, including those costs incurred by Landlord for construction of elements of the Tenant Improvements in the Fifth Expansion Lease Space, which construction was performed by Landlord prior to the execution of this Sixth Amendment by Landlord and Tenant and which construction is for the benefit of tenants and is customarily performed by Landlord prior to the execution of leases for space in the Building for reasons of economics (examples of such construction would include but not be limited to the extension of mechanical [including heating, ventilating and air conditioning systems] and electrical distribution systems outside of the core of the Building, wall construction, column enclosures and painting outside of the core of the Building, ceiling hanger wires and window treatment). (b) b. The cost of each item referenced in Paragraph 7(a) above 7.a., above, shall be charged against the Tenant Improvement Allowance. In , in the event that the cost of installing the Tenant Improvements, as established by the ContractorLandlord's final bidpricing schedule, shall exceed the Tenant Improvement AllowanceAllowance or, or if any of the Tenant Improvements are not to be paid out of the Tenant Improvement Allowance allowance as provided in Paragraph 7(a) 7.1., above, the excess (the "Excess") shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. (c) c. In the event that, after the Tenant Improvement Plans have been prepared and a price therefor therefore has been established by Contractor's final bidLandlord, Tenant shall require any changes or substitutions to the Tenant Improvement Plans, any additional costs related thereto shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. Landlord shall have the right to decline Tenant's request for a change to the Tenant Improvement Plans if such changes are arc inconsistent with the provisions of Paragraphs 3 and 4 4, above, or if the change would, in Landlord's opinion, unreasonably delay construction of the Tenant Improvements. (d) d. In the event that increases in the cost of the Tenant Improvements as set forth in Contractors Landlord's final bid pricing are due to the requirements of any governmental agency, Tenant shall pay Landlord the amount of such increase within five (5) days of Landlordlandlord's written notice; , provided, however, that Landlord shall first apply toward such increase any remaining balance in the Tenant Improvement Allowanceallowance. (e) In the event that the cost of installing the Tenant Improvements are less that the Tenant Improvement Allowance, then Base Rental as defined in Paragraph 1.M of the Lease shall be reduced by an amount equal to the e. Any unused portion of the Tenant Improvement Allowance divided by one-hundred twenty. Notwithstanding anything contained herein upon completion of the Tenant Improvements shall not be refunded to Tenant or available to Tenant as a credit against any obligations of Tenant under the contrarySixth Amendment. f. As used herein, Landlord shall install, at their sole cost and expense, nine (9) 10' x 10' and four (4) 8' x 8'3the "Usable Area" building standard exterior glass panelsof Suite 530 is 2,076 square feet.

Payment for the Tenant Improvements. (a) a. Landlord hereby grants to Tenant a "Tenant Improvement Allowance" in an amount not to exceed of Five and No/l00 Dollars ($30.00 5.00) per rentable square foot of Rentable Usable Area in the Premises (as hereinafter defined) of Suites 500 and 520, for construction a total Tenant Improvement Allowance of the Tenant ImprovementsForty Three Thousand Three Hundred Forty-five and No/l00 Dollars ($43,345.00). The Tenant Improvement Allowance shall only be used only for: (i) Payment of the cost of preparing the space plan and the Tenant Improvement Plans, 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;Standards or for payments to any other consultants, designers or architects other than Landlord's architect and/or space planner. (ii) Payment of the cost The payment of plan check, permit and license fees relating to construction of the Tenant Improvements;. (iii) Payment for the cost of construction Construction of the Tenant Improvements, including, but not limited towithout limitation, the following: (Aa) Installation within the Premises Third Expansion Lease Space of all partitioning, doors, floor coverings, ceilings, wall coverings and painting, millwork and similar items; (Bb) All electrical wiring, lighting fixtures, outlets and switches, and other electrical work to be installed with within the PremisesThird Expansion Lease Space; (Cc) 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 PremisesThird Expansion Lease Space, including the cost of meter and key control for after-hour air conditioning; (Dd) 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; (Ee) All fire and life safety control systems including, without limitation, such as fire walls, sprinklers, halon, fire alarms, including piping, wiring and accessories, installed within the Premises; 17Third Expansion Lease Space; (Ff) All plumbing, fixtures, pipes and accessories to be installed within the PremisesThird Expansion Lease Space; (Gg) Testing and inspection costs; and (Hh) Contractors' Contractor's 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, including those costs incurred by Landlord for construction of elements of the Tenant Improvements in the Third Expansion Lease Space, which construction was performed by Landlord prior to the execution of this Fourth Amendment by Landlord and Tenant and which construction is for the benefit of tenants and is customarily performed by Landlord prior to the execution of leases for space in the Building for reasons of economics (examples of such construction would include but not be limited to the extension, of mechanical [including heating, ventilating and air conditioning systems] and electrical distribution systems outside of the core of the Building, wail construction, column enclosures and painting outside of the core of the Building, ceiling hanger wires and window treatment). (b) b. The cost of each item referenced in Paragraph 7(a) above 7.a., above, shall be charged against the Tenant Improvement Allowance. In , in the event that the cost of installing the Tenant Improvements, as established by the ContractorLandlord's final bidpricing schedule, shall exceed the Tenant Improvement AllowanceAllowance or, or if any of the Tenant Improvements are not to be paid out of the Tenant Improvement Allowance allowance as provided in Paragraph 7(a) 7.1., above, the excess (the "Excess") shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvementsimprovements. (c) c. In the event that, after the Tenant Improvement Plans have been prepared and a price therefor therefore has been established by Contractor's final bidLandlord, Tenant shall require any changes or substitutions to the Tenant Improvement Plans, any additional costs related thereto shall be paid by Tenant to Landlord prior to the commencement of construction of the Tenant Improvements. Landlord shall have the right to decline Tenant's request for a change to the Tenant Improvement Plans if such changes are inconsistent with the provisions of Paragraphs 3 and 4 4, above, or if the change would, in Landlord's opinion, unreasonably delay construction of the Tenant Improvements. (d) d. In the event that increases in the cost of the Tenant Improvements improvements as set forth in Contractors Landlord's final bid pricing are due to the requirements of any governmental agency, Tenant shall pay Landlord the amount of such increase within five (5) days of Landlord's written notice; , provided, however, that Landlord shall first apply toward such increase any remaining balance in the Tenant Improvement Allowanceallowance. (e) In the event that the cost of installing the Tenant Improvements are less that the Tenant Improvement Allowance, then Base Rental as defined in Paragraph 1.M of the Lease shall be reduced by an amount equal to the e. Any unused portion of the Tenant Improvement Allowance divided upon completion of the Tenant Improvements shall not be refunded to Tenant or available to Tenant as a credit against any obligations of Tenant under the Fourth Amendment. f. As used in this Work Letter Agreement, the term "Usable Area" means the area of a suite within the Third Expansion Lease Space, as determined by one-hundred twentymeasuring the area within the bounds of the inside surface of the glass in the outer wall of the Building and the surface facing the Third Expansion Lease Space of all partitions separating the Third Expansion Lease Space from the Building core, adjoining tenant space and public corridors or other "Common Areas" (as defined in the Fourth Amendment). Notwithstanding anything contained herein No deductions shall be made for space occupied by structural or functional columns or other projections. Landlord's architect or space planner shall determine the actual Usable Area of the Third Expansion Lease Space which shall be conclusive as to the contrary, Landlord shall install, at their sole cost Tenant. The Usable Area of (i) Suite 500 is 5,8l7 square feet and expense, nine (9ii) 10' x 10' and four (4) 8' x 8'3" building standard exterior glass panelsSuite 520 is 2,852 square feet.