Common use of Tenant’s Leasehold Improvements Clause in Contracts

Tenant’s Leasehold Improvements. (a) Condition of the Premises and the Building. Landlord will "substantially complete" (as defined below) construction of leasehold improvements to prepare the Premises for Tenant's initial occupancy using "building standard" finishes and materials (the "Leasehold Improvements") subject to the terms and conditions of this Article 3. Tenant has submitted to Landlord and Landlord has approved Tenant's space plans for the Leasehold Improvements (the "Tenant's Plans"), a copy of which is attached hereto as Exhibit C-1. Construction of the Leasehold Improvements (inclusive of the cost of all architectural, engineering and space planning services and related plans, drawings and permits) shall be at Tenant's sole cost and expense, subject to Landlord's obligation to pay the "Tenant Allowance" (as defined in subsection (c) below). The Leasehold Improvements shall be of the same or better quality as Landlord's tenant improvement standards (the "Tenant Standards") for the Building, a copy of which is attached hereto as Exhibit C-2.

Tenant’s Leasehold Improvements. (a) Condition of the Premises and the Building. Landlord will "substantially complete" (as defined below) construction of leasehold improvements to prepare the Premises for Tenant's initial occupancy using "building standard" finishes and materials (the "Initial Leasehold Improvements") subject to the terms and conditions of this Article 3. Tenant has submitted to Landlord and Landlord has approved Tenant's space plans for the Leasehold Improvements (the "Tenant's Plans"), a copy of which is attached hereto as Exhibit C-1. Construction of the Initial Leasehold Improvements (inclusive of the cost of all architectural, engineering and space planning services and related plans, drawings and permits) shall be at Tenant's sole cost and expense, but subject to Landlord's obligation to pay application of the "Planning Allowance" (as defined in subsection (b) below) and the "Tenant Allowance" (as defined in subsection (ce) below). The Initial Leasehold Improvements shall be of the same or better quality as Landlord's tenant improvement standards (the "Tenant Standards") for the Building, a copy of which is attached hereto as Exhibit C-2C-1.