Preparation of the Premises. LESSEE shall have prepared, at its sole cost and expense, plans, ("LESSEE'S Plans") for improvements to be made in the Premises and adjacent areas of the Building to prepare the Premises for LESSEE'S occupancy. Upon completion of LESSEE'S Plans, LESSEE shall submit the same to LESSOR for LESSOR'S approval, which approval shall not be unreasonably delayed or withheld. To the extent that LESSOR does not disapprove LESSEE'S Plans in writing, and provide specific remedies that will make LESSEE' Plans acceptable, within five (5) Business Days after submission of the same by LESSEE, LESSOR shall be conclusively deemed to have approved LESSEE'S Plans. Promptly after approval of LESSEE'S Plans, LESSOR shall exercise all reasonable efforts to complete, at its sole cost and expense the work specified in LESSEE'S Plans. The work shall collectively be referred to as "LESSOR'S Work." LESSEE shall have no claim against LESSOR for failure so to complete such work.
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Sources: Sublease (First Marblehead Corp)
Preparation of the Premises. LESSEE shall Promptly upon execution of the Lease, LESSOR will have prepared, at its sole cost and expense, plans, certain plans ("LESSEELESSOR'S Plans") for improvements to be made in the Premises and adjacent areas of the Building to prepare the Premises for LESSEE'S occupancy. Upon completion of LESSEELESSOR'S Plans, LESSEE LESSOR shall submit the same to LESSOR LESSEE for LESSORLESSEE'S approval, which approval shall not be unreasonably delayed or withheld. To the extent that LESSOR LESSEE does not disapprove LESSEELESSOR'S Plans in writing, and provide specific remedies that will make LESSEE' LESSOR'S Plans acceptable, within five fourteen (514) Business Days days after submission of the same by LESSEELESSOR, LESSOR LESSEE shall be conclusively deemed to have approved LESSEELESSOR'S Plans. Promptly after approval of LESSEELESSOR'S Plans, LESSOR shall exercise all reasonable efforts to complete, at its sole cost and expense the work specified in LESSEELESSOR'S Plans. The work shall collectively be referred to as "LESSOR'S Work." LESSEE Tenant shall have no claim against LESSOR for failure so to complete such workWork. LESSOR shall bid LESSOR'S work to at least three contractors and shall share the bids with LESSEE.
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