Tenant Improvement Costs Sample Clauses
POPULAR SAMPLE Copied 3 times
Tenant Improvement Costs. Tenant shall pay all costs associated with the Tenant Improvements less the Work Allowance provided herein. The cost of Tenant Improvements shall consist of only the following to the extent actually incurred by General Contractor in connection with the construction of Tenant Improvements: construction costs, all permit fees, construction taxes or other costs imposed by governmental authorities related to the Tenant Improvements, Landlord overhead as described in Section 5.H below and all fees associated with Tenant's Architect, engineers and consultants. During the course of construction of Tenant Improvements, General Contractor may deliver to Tenant not more than once each calendar month a written request for payment ("Progress Invoice") which shall include and be accompanied by General Contractor's certified statements setting forth the amount requested, certifying the percentage of completion of each item for which reimbursement is requested. Tenant shall pay the amount due pursuant to the Progress Invoice to the General Contractor, within fifteen (15) days after Tenant's receipt of the above items. Within five (5) days following payment by Tenant, Landlord shall pay Tenant an amount equal to the product of (i) the Progress Invoice, and (ii) a fraction, the numerator of which is the amount of the Work Allowance and the denominator of which is the Tenant Improvement Budget, until such time as Landlord has expended the full amount of the Work Allowance. All costs for Tenant Improvements shall be fully documented to and verified by Tenant. Tenant shall have the right to review and approve the Progress Invoice.
Tenant Improvement Costs. In the event that Tenant fails to comply with any of its obligations under this Lease and such failure causes Landlord to incur additional Tenant Improvement Costs, Tenant shall pay to Landlord as Additional Rent (as defined below) the amount of any such additional Tenant Improvement Costs within thirty (30) days of receiving an invoice from Landlord.
Tenant Improvement Costs. The Tenant Improvement Costs shall include ------------------------ all reasonable costs incurred in connection with the Tenant Improvements (but not the Capital Improvements), as determined by Landlord in its reasonable discretion, including the following:
(a) All costs of space plans and other architectural and engineering plans and specifications for the Tenant Improvements, including engineering costs associated with completion of the State of California energy utilization calculations under Title 24 legislation required in connection with the Tenant Improvements;
(b) All costs of obtaining building permits and other necessary authorizations from the City of Redwood City;
(c) All costs of interior design and finish schedule plans and specifications, including as-built drawings by Architect;
(d) All direct and indirect costs of procuring, constructing and installing the Tenant Improvements in the Premises, including, but not limited to, the construction fee payable to the Contractor for overhead and profit, and the cost of all on-site supervisory and administrative staff, office, equipment and temporary services rendered by Contractor in connection with construction of the Tenant Improvements;
(e) All fees payable to Architect and Landlord's engineering firm if they are required by Tenant to redesign any portion of the Tenant Improvements following Tenant's approval of the Final Plans;
(f) Sewer connection fees (if any);
(g) All costs of installing an emergency power supply systems in each of the Buildings, which emergency power supply shall include emergency HVAC for Tenant's computer rooms;
(h) All direct and indirect construction costs associated with complying with Title 24 legislation and ADA compliance for all interior improvements (including the reconstruction of all restrooms); and
(i) A construction management fee payable to Landlord equal to three percent (3%) of the total Tenant Improvement Costs. (Landlord shall either provide, or cause a third party to provide, construction management services in connection with the construction of the Tenant Improvements, and the foregoing fee shall be the sole compensation for such services).
Tenant Improvement Costs. The cost of performing the Tenant Improvements, including without limitation the costs described in Section 6 below (collectively, the "Tenant Improvement Costs") shall be paid by Tenant in the manner set forth in Section 5.
Tenant Improvement Costs. The cost of the Tenant Improvements (“Tenant Improvement Costs”) shall be paid by Landlord. The Tenant Improvement Costs shall include, without limitation, (a) the costs of the Design Group and any other consultants retained by Landlord in connection with the preparation of Design Documents and Construction Drawings, and engineering costs associated with completion of the State of California energy utilization calculations under Title 24 legislation; (b) all costs of obtaining from the City of Emeryville and any other governmental authority, approvals, building permits and occupancy permits with respect to the Tenant Improvements; (c) all costs of interior design and finish schedule plans and specifications including as-built drawings with respect to the Tenant Improvements; (d) all costs of procuring, installing and constructing the Tenant Improvements, including: (i) the cost of all on-site supervisory and administrative staff, office, equipment and temporary services rendered or provided by Contractor in connection with, and reasonably allocable to, construction of the Tenant Improvements; and (ii) the cost of any services or utilities made available by Landlord; and (e) Landlord’s construction management fee. In no event shall the Tenant Improvement Costs include (i) any costs of procuring or installing in the Premises any trade fixtures, equipment, furniture, furnishings, telephone equipment, or other personal property (“Personal Property”) to be used in the Premises by Tenant, and the cost of such Personal Property shall be paid by Tenant, or (ii) any costs or expenses of any consultants retained by Tenant with respect to design, procurement, installation or construction of improvements or installations, whether real or personal property, for the Premises.
Tenant Improvement Costs. The cost of performing the Tenant Improvements, including without limitation the costs described in PARAGRAPH 6 below (collectively, the "TENANT IMPROVEMENT COSTS") shall be paid by Tenant in the manner set forth in PARAGRAPH 5 below.
Tenant Improvement Costs. Landlord agrees to provide Tenant a work allowance to be utilized by Tenant in accordance with this Lease for the design and construction of the Tenant Improvements, in the amount of Nineteen Million Seven Hundred Thirty Two Thousand Twenty Dollars ($19,732,020) (the “Work Allowance”), subject to this Section 6.C below. Tenant shall pay all costs associated with the Tenant Improvements, subject to Landlord’s obligation to provide the Work Allowance pursuant to this Section 6.C. The cost of the Tenant Improvements for which the Work Allowance may be utilized by Tenant (“Work Allowance Costs”) shall consist of only the following to the extent actually incurred or paid by Tenant in connection with the design (but not Tenant’s initial space planning) and construction of the Tenant Improvements to its unaffiliated third party general contractor (the “General Contractor”), architects, designers and suppliers for the Tenant Improvements; the fees of Tenant’s General Contractor, architects, designers, project managers and suppliers; materials, labor and other construction costs; governmental permit fees, construction taxes or other costs imposed by governmental authorities related to the Tenant Improvements. The Work Allowance shall be paid by Landlord to the third parties entitled to payment in accordance with this Section 6.C below. During the course of design and construction of the Tenant Improvements, but not more than once in any calendar month, if Tenant desires a disbursement of the Work Allowance, Tenant and Tenant’s General Contractor shall deliver to Landlord the following (the “Disbursement Documentation”): (i) a written request for disbursement, setting forth the amount requested for disbursement (“Disbursement Request”); (ii) a schedule of values allocating costs to the various portions of the Tenant Improvements for which disbursement is sought, in form and content reasonably satisfactory to Landlord, and which shall substantiate that the full amount requested for disbursement has been incurred or expended by Tenant for those Tenant Improvements for which the Work Allowance may be utilized; (iii) evidence of costs incurred of all amounts owed to the applicable third party, in form reasonably acceptable to Landlord, (iv) conditional lien releases, in form and content reasonably satisfactory to Landlord, from the General Contractor and all subcontractors, material suppliers and other persons or entities providing work or materials for which the curren...
Tenant Improvement Costs. 5 Construction.......................................................................
Tenant Improvement Costs. Lessor shall provide to Lessee semi-improved "cold" shell facilities as described in Exhibit "D" attached. Lessor shall cause the General Contractor to construct the Tenant Improvements outlined in Exhibit "D," as further outlined in the Tenant Improvement Work Letter attached as Exhibit "C" and Lessee shall pay all costs and expenses of same. Subcontracts for all Tenant Improvement Work shall be obtained by a sealed competitive bid process (involving at least two qualified bidders) wherever practical and as to work done without such process, Lessor or the General Contractor shall provide reasonable assurance to Lessee that the cost and expense of same is competitive in the industry for first-class workmanship and materials. Lessor shall use good faith efforts (and instruct the General Contractor to do same) to keep Lessee generally informed as to all aspects of the pricing, bidding, contracting and construction processes with respect to the Tenant Improvements.
Tenant Improvement Costs. The cost of performing the Tenant ------------------------ Improvements, including without limitation the costs described in Paragraph 6 ----------- below (collectively, the "Tenant Improvement Costs") shall be paid by Tenant in ------------------------ the manner set forth in Paragraph 5 below, subject to the provisions of ----------- Paragraph 1.4. -------------