Common use of Tenant Improvements Cost Clause in Contracts

Tenant Improvements Cost. The Tenant Improvements Cost (“Tenant Improvements Cost”) shall include all costs and expenses associated with the design, preparation, approval and construction of the Tenant Improvements, including, but not limited to, the following: (i) All costs of preliminary and final architectural and engineering plans and specifications for the Tenant Improvements (including, without limitation, the Final Plans), and engineering costs associated with completion of the State of California energy utilization calculations under Title 24 legislation; (ii) All costs of obtaining Permits from local governmental authorities; (iii) All costs of interior design and finish schedule plans and specifications including as-built drawings; (iv) All direct and indirect costs of procuring, constructing and installing the Tenant Improvements in the Premises, including, but not limited to, the construction fee for overhead and profit and the cost of all on-site supervisory and administrative staff, office, equipment and services rendered by the Contractor in connection with construction of the Tenant Improvements and all labor (including overtime) and materials constituting the Tenant Improvements; (v) All fees payable to the Architect, the Contractor and subcontractors; (vi) All construction and project management fees payable by Landlord to Landlord’s property management company or any other individual or entity in connection with the inspection and monitoring of the Tenant Improvements; provided, however, that such construction and project management fees shall not exceed the sum of Ninety Thousand Dollars ($90,000.00); and (vii) Utility connection fees. In no event shall the Tenant Improvements Cost include any costs of procuring, constructing or installing in the Premises any of Tenant’s Property.

Appears in 1 contract

Sources: Lease Agreement (Kyphon Inc)

Tenant Improvements Cost. The Tenant Improvements Cost ("Tenant Improvements Cost") shall include all costs and expenses associated with the design, preparation, approval and construction of the Tenant Improvements, including, but not limited to, the following: (i) : All costs of preliminary and final architectural and engineering plans and specifications for the Tenant Improvements (including, without limitation, the Final Plans), and engineering costs associated with completion of the State of California energy utilization calculations under Title 24 legislation; (ii) ; All costs of obtaining Permits from local governmental authorities; (iii) ; All costs of interior design and finish schedule plans and specifications including as-built drawings; (iv) ; All direct and indirect costs of procuring, constructing and installing the Tenant Improvements in the PremisesExpansion Space, including, but not limited to, the construction fee for overhead and profit and the cost of all on-site supervisory and administrative staff, office, equipment and services rendered by the Contractor in connection with construction of the Tenant Improvements and all labor (including overtime) and materials constituting the Tenant Improvements; (v) ; All fees payable to the Architect, the Contractor and subcontractors; (vi) ; All construction and project management fees payable by Landlord to Landlord’s 's property management company or any other individual or entity in connection with the inspection and monitoring of the Tenant Improvements; provided, however, that such construction and project management fees shall not exceed the sum of Ninety Forty Thousand Dollars ($90,000.0040,000.00); and (vii) and Utility connection fees. In no event shall the Tenant Improvements Cost include any costs of procuring, constructing or installing in the Premises any of Tenant’s 's Property.

Appears in 1 contract

Sources: Lease Agreement (Kyphon Inc)