Common use of Tenant Modifications Clause in Contracts

Tenant Modifications. Any revisions, changes or additions to Landlord's Plans, to the Warm Shell Plans or to the Base Building that are required or requested by Tenant (or necessitated by applicable Legal Requirements due to Tenant's Plans) shall be subject to the prior written approval of Landlord, in its reasonable discretion, provided that Landlord shall have no obligation to approve any Tenant Modifications that are not approved or otherwise acceptable to any Mortgagee. Any such changes approved by Landlord shall be a "Tenant Modification" hereunder. Before any Tenant Modifications are made, the incremental cost thereof, including architectural, engineering and special testing and/or inspection charges, any special permits or fees, and any added construction costs (including, without limitation, the Landlord's contractor's percentage mark-▇▇ for overhead and profit for such Tenant Modifications) without additional mark-▇▇ from Landlord, shall be paid by Tenant to Landlord within twenty (20) days of receipt of invoices therefor as an Additional Charge. Landlord's contractor for the Base Building or architect for the Warm Shell Plans, as applicable, shall provide to Tenant a cost estimate to complete any Tenant Modification, together with any anticipated schedule change (which shall constitute Tenant Delay), and an itemized breakdown of costs and unit prices within ten (10) days after receipt of Tenant's request for Tenant Modifications, and Tenant shall approve or disapprove such estimates within five (5) days of

Appears in 2 contracts

Sources: Lease Agreement (Handspring Inc), Lease Agreement (Handspring Inc)