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" 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:

Appears in 1 contract

Sources: Industrial Lease (Celerity Group Inc)

Payment for the Tenant Improvements. (a) Landlord hereby grants to Tenant a "Tenant Improvement Allowance" of $709,590.001,588,530.00. 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:following (see subpart (b) for provisions applicable to mezzanine space):

Appears in 1 contract

Sources: Industrial Lease (Celerity Group Inc)