Space Plan Allowance Clause Samples
POPULAR SAMPLE Copied 3 times
Space Plan Allowance. In addition to Landlord’s Allowance, Landlord shall pay Tenant the total sum of Fifteen Thousand Dollars ($15,000.00) for reimbursement of Tenant’s architectural costs for an initial space plan. (Such sum includes the Five Thousand Dollars ($5,000.00) Landlord was obligated to pay upon execution of the letter of intent for this Lease.) Tenant shall cause Tenant’s architect to deliver to Landlord the completed space plan in both PDF and CAD formats.
Space Plan Allowance. Landlord agrees to reimburse Tenant for architectural costs incurred in connection with preparation of the Space Plans in an amount not to exceed Fourteen Thousand Three Hundred Ninety Two and 20/100 Dollars ($14,392.20), (calculated at the rate of $0.15 per rentable square foot of the Premises) (the "Space Plan Allowance"). Tenant may submit invoices to Landlord for payment of the Space Plan Allowance to reimburse Tenant or to pay Tenant's Architect directly (if so requested by Tenant) for the Space Plan prepared by Tenant's Architect. In no event shall Landlord be obligated to make disbursements for the Space Plan in an amount which exceeds the Space Plan Allowance.
Space Plan Allowance. Upon providing to Landlord, a paid invoice showing the costs incurred by T▇▇▇▇▇, Landlord shall reimburse Tenant for its space planning costs in an amount not to exceed $0.12 per rentable square foot in the Premises.
Space Plan Allowance. Landlord agrees to reimburse Tenant for architectural costs incurred in connection with preparation of the Space Plan and two (2) revisions thereof in an amount not to exceed Nineteen Thousand Nine Hundred Thirty Three and 80/100 Dollars ($19,933.80), (calculated at the rate of $0.10 per square foot of rentable area in the Premises) (the “Space Plan Allowance”). Tenant may submit invoices to Landlord for payment of the Space Plan Allowance to reimburse Tenant or to pay Tenant’s Architect directly (if so requested by Tenant) for the Space Plan prepared by Tenant’s Architect. Following Landlord’s receipt of such invoices, Landlord shall within thirty (30) days thereafter pay Tenant for the amount requested in such invoice; provided in no event shall Landlord be obligated to make disbursements for the Space Plan in an amount which exceeds the Space Plan Allowance. The Space Plan Allowance shall not be deducted from the Tenant Improvement Allowance.
Space Plan Allowance. In addition to Landlord’s Contribution, and as a further inducement to Tenant’s entering into this Lease, Landlord shall, subject to this Section 3.4, provide to Tenant a special tenant improvement allowance equal to no more than Two Thousand Eight Hundred Twelve and 65/100 Dollars ($2,812.65) (the “Space Plan Allowance”) to be used by Tenant solely for costs incurred by Tenant for preparation of an initial space plan for all of the Premises. Provided there is no Event of Default nor any event which, with the passage of time and/or the giving of notice would constitute an Event of Default, Landlord shall pay the Space Plan Allowance to Tenant within thirty (30) days after receipt of a reasonably detailed invoice therefor, which invoice must be delivered to Landlord on or before the Outside Requisition Date. Tenant shall not be entitled to any unused portion of the Space Plan Allowance.
Space Plan Allowance. In addition to the Improvement Allowance, Landlord shall pay to Tenant an allowance in the amount of $22,647.06 (“Space Plan Allowance”) for any costs incurred by Tenant for preparing the Space Plan and up to two revisions thereto. The Space Plan Allowance shall be paid by Landlord to Tenant within 30 days after Tenant provides Landlord with invoices describing the costs incurred by Tenant in connection with the Space Plan. In the event that Landlord fails to pay the Space Plan Allowance as and when due, Tenant shall have the same rights and remedies as with regard to Landlord’s failure to timely pay the Improvement Allowance, as provided herein. Tenant hereby acknowledges that, as of the Effective Date, Landlord has already paid to (or on behalf of Tenant) $12,625.00 of the Space Plan Allowance.
Space Plan Allowance. Without limitation of the foregoing terms regarding the “Allowance” due and owing from Landlord hereunder, Landlord hereby agrees to make the following contribution (the “Space Plan Allowance”) pursuant to the following terms and conditions:
(a) A contribution toward the fees and costs due and owing from Tenant to its space planner in connection with the preparation of the initial space plans for Tenant’s Work and up to one revision thereof in the amount not to exceed $7,893.84 (i.e., being $.12 per square foot of rentable area of the Demised Premises). Within thirty (30) days following submission by Tenant’s space planner to Landlord of a payment request with respect to the Space Plan Allowance, which request shall include a copy of the invoice(s) showing amounts due and owing to Tenant’s space planner in connection with said space plans, and, if requested by Landlord, a lien waiver from said space planner showing that all amounts so due and owing in connection with the preparation of the space plans have been fully paid, Landlord shall disburse the Space Plan Allowance to Tenant or, at Tenant’s direction, directly to the aforedescribed space planner. In the event that the fees and costs payable by Tenant to its space planner in connection with preparation of the foregoing space plans is, for any reason, less than the full amount of the Space Plan Allowance, then Tenant shall not be entitled to receive any such difference. In the event that the foregoing fees and costs are greater than the Space Plan Allowance, Tenant shall be fully responsible for the payment of all such excess costs and fees.
Space Plan Allowance. In addition to the Tl Allowance, and provided that Tenant shall not be in an Event of Default at the time of its requisition therefor, Landlord shall provide Tenant with a space plan allowance of up to $0.10 per rentable square foot of the 11th Floor Premises (i.e., a maximum of $547.30 based on 5,473 rentable square feet) (“Space Plan Allowance”) to reimburse Tenant for the design fees incurred by Tenant in connection with Tenant’s 11th Floor Premises Work. The Space Plan Allowance shall be payable by Landlord to Tenant within thirty (30) days after Tenant’s written request therefor, which written request shall include Tenant’s invoices for said design fees.
Space Plan Allowance. Landlord shall contribute an amount not to exceed $0.15 per rentable square foot of up to two (2) floors of the Premises (i.e., an amount not to exceed $4,002.30 based on the total rentable square footage of the two largest floors in the Premises) (the “Space Plan Allowance”) toward the cost of a preliminary analysis and fit plan of up to two (2) floors in the Premises to be prepared by the “Architect” (as that term is defined below), and no portion of the Space Plan Allowance, if any, remaining after completion of the Tenant Improvements shall be available for use by Tenant. Tenant shall deliver one (1) hard copy and EXHIBIT B [535 Mission Street] one (1) electronic copy of the preliminary space plan to Landlord within fifteen (15) days after Tenant’s execution of the Lease (the “Space Plan Delivery Date”). Landlord shall disburse the Space Plan Allowance amount within thirty (30) days of written request by Tenant accompanied by an invoice and proof of payment from the Architect for such work.
Space Plan Allowance. Commencing on the Effective Date, the Space Plan Allowance shall be increased to $9,881.52, with such additional amount to be used towards the cost of an initial space plan upon which the Expansion Construction Documents will be based.