Common use of Work by Tenant Clause in Contracts

Work by Tenant. The Tenant shall promptly submit to the Landlord, for the Landlord's approval, which approval shall not be unreasonably withheld, complete architectural and mechanical working drawings and specifications showing a proposed renovation of the space designated 'D' on the 15th Floor of the Building in Article First hereof (herein called "the Work Area") as desired by the Tenant consistent with the design, construction and equipment of the Building and in conformity with its standards, all in such form and in such detail as may be reasonably required by the Landlord, including provision for the installation of a sprinkler system for the Work Area. The working drawings and specifications to be submitted to the Landlord as aforesaid shall be prepared by a competent architect licensed in the State of New York (in consultation with a competent engineer where required by the nature of the work), reasonably satisfactory to the Landlord, who shall be engaged by the Tenant and who, at the Tenant's expense, shall furnish all architectural and engineering services necessary for the preparation of said working drawings and specifications and in connection with securing the aforesaid approval thereof by the Landlord and with the securing by the Tenant of such approvals as by reason of the nature of the work shown on said working drawings and specifications, may be required from the Department of Buildings of the City of New York and any other governmental authorities. If the Landlord shall not approve any working drawing or specification as submitted by the Tenant, the Landlord shall with reasonable promptness notify the Tenant thereof and of the particulars of such revisions therein as are reasonably required by the Landlord for the purpose of obtaining its said approval and as promptly as reasonably possible after being so informed by the Landlord, the Tenant shall submit to the Landlord, for the Landlord's approval (which approval shall not be unreasonably withheld), a working drawing or specification, as the case may be, incorporating such revisions or incorporating such modifications thereto as are suggested by the Tenant and approved by the Landlord (said working drawings and specifications, as so approved, being herein called "the Working Drawings"). Any such approval by the Landlord shall not be deemed to be a representation or warranty that the same is properly designed to perform the function for which it is intended or complies with any applicable law, ordinance, rule, order or regulation of any governmental authority or insurance body, but only that the work required thereby will not interfere with the systems of the Building and is compatible with the design and structure of the Building. Such renovation shall be performed in accordance with, and subject to all of the covenants, agreements, terms, provisions and conditions of this Lease (including, but not limited to, subparagraph (e) of Article Sixth hereof). Upon the approval by the Landlord of the Working Drawings, the Tenant shall proceed with due dispatch to cause the work as shown on such approved Working Drawings to be done at the Tenant's sole cost and expense. The workmen and the contractors performing the work and the manner, terms and conditions upon which the same is performed shall be satisfactory to and approved by the Landlord. The work shall at all times comply with (a) all applicable rules and regulations and orders of any and all governmental authorities or insurance bodies having jurisdiction with respect thereto, and (b) with the reasonable rules and regulations of the Landlord pertaining to the performance thereof. The Landlord agrees that upon receipt by it of evidence satisfactory to it of the completion of such work by the Tenant in a manner satisfactory to the Landlord, and upon the furnishing by the Tenant to the Landlord of evidence reasonably satisfactory to the Landlord of the payment in full of all costs and charges incurred in the performance of the work and the discharge of any lien filed in connection with such work, the Landlord shall pay to the Tenant the lesser of (i) the actual cost of such work, or (ii) $151,000.00.

Work by Tenant. The Tenant shall promptly submit to the Landlord, for the Landlord's approval, which approval shall not be unreasonably withheld, complete architectural and mechanical working drawings and specifications showing a proposed renovation of the space designated 'D' on the 15th Floor that portion of the Building in Article First hereof additional space reserved for the Tenant's use (herein called "the Work Work, Area") as desired by the Tenant consistent with the the, design, construction and equipment of the Building and in conformity with its standards, all in such form and in such detail as may be reasonably required by the Landlord, Landlord including provision for the installation of a sprinkler system for the Work Areasystem. The working drawings and specifications to be submitted to the Landlord as aforesaid shall be prepared by a competent architect licensed in the State of New York (in consultation with a competent engineer where required by the nature of the work), reasonably satisfactory to the Landlord, who shall be engaged by the Tenant and who, at the Tenant's expense, shall furnish all architectural and engineering services necessary for the preparation of said working drawings and specifications and in connection with securing the aforesaid approval thereof by the Landlord and with the securing by the Tenant of such approvals as by reason of the nature of the work shown on said working drawings and specifications, may be required from the Department of Buildings of the City of New York and any other governmental authorities. If the Landlord shall not approve any working drawing or specification as submitted by the Tenant, the Landlord shall with reasonable promptness notify the Tenant thereof and of the particulars of such revisions therein as are reasonably required by the Landlord for the purpose of obtaining its said approval and as promptly as reasonably possible after being so informed by the Landlord, the Tenant shall submit to the Landlord, for the Landlord's approval (which approval shall not be unreasonably withheld), a working drawing or specification, as the case may be, incorporating such revisions or incorporating such modifications thereto as are suggested by the Tenant and approved by the Landlord (said working drawings and specifications, as so approved, being herein called "the Working Drawings"). Any such approval by the Landlord shall not be deemed to be a representation or warranty that the same is properly designed to perform the function for which it is intended or complies with any applicable lawlaws, ordinanceordinances, rulerules orders and regulations of all governmental and quasi-governmental authorities and of all insurance bodies, order or regulation of at any governmental authority or insurance bodytime duly issued and in force, but only that the work required thereby will not interfere with the systems of the Building and is compatible with the design and structure of the Building. Such renovation shall be performed in accordance with, and subject to all of the covenants, agreements, terms, provisions terms and conditions of this the Lease (including, but not limited to, subparagraph (e) of Article Sixth hereof). Upon the approval by the Landlord of the Working Drawings, the Tenant shall proceed with due dispatch to cause the work as shown on such approved Working Drawings to be done at the Tenant's sole cost and expense. The workmen and the contractors performing the work and the manner, terms and conditions upon which the same is performed shall be satisfactory to and approved by the Landlord. The work shall at all times comply with (a) all applicable rules and regulations and orders of any and all governmental authorities or insurance bodies having jurisdiction with respect thereto, and (b) with the reasonable rules and regulations of the Landlord pertaining to the performance thereof. The Landlord agrees that upon receipt by it of evidence satisfactory to it of the completion of such work by the Tenant in a manner satisfactory to the Landlord, and upon the furnishing by the Tenant to the Landlord of evidence reasonably satisfactory to the Landlord of the payment in full of all costs and charges incurred in the performance of the work and the discharge of any lien filed in connection with such work, the Landlord shall pay to the Tenant the lesser of (i) the actual cost of such work, or (ii) $151,000.00.86 9

Work by Tenant. 30.1. The Tenant shall promptly shall, not less than thirty (30) days prior to the term commencement date, submit to the Landlord, for the Landlord's approval, which approval shall not be unreasonably withheldreview and consent, complete architectural architectural, electrical and mechanical working drawings and specifications and sample boards showing a the proposed renovation of the space designated 'D' on the 15th Floor of the Building in Article First hereof Premises (herein called "the Work Area") as desired by the Tenant and in keeping with the landmark status of, and consistent with the design, construction and equipment of the Building and the Center and in conformity with its standards, all in such form and in such detail as may be reasonably required by the Landlord. In the event the Tenant removes, including provision for or materially alters fifty percent (50%) or more of the installation of ceiling area in the Work Area in connection with such renovation, the Tenant shall provide and install a sprinkler system for the Work AreaArea in full compliance with Local Law 5/1973, as amended (hereafter "Local Law 5"); except for the sprinkler tap to the Premises and the sprinkler loop therein, both of which shall be provided and installed by the Landlord after the term commencement date, and otherwise subject to Article Two, at the Landlord's sole cost and expense. The working drawings drawings, specifications and specifications sample boards to be submitted to the Landlord as aforesaid shall be prepared by a competent architect licensed in the State of New York (in consultation with a competent engineer licensed in the State of New York where required by the nature of the work), reasonably satisfactory to the Landlord, who shall be engaged by the Tenant and who, at the Tenant's expense, shall furnish all architectural and engineering services necessary necessary, including, without limitation, hydraulic calculations, for the preparation of said working drawings drawings, specifications and specifications sample boards and in connection with securing the aforesaid approval consent thereof by the Landlord and with the securing by the Tenant of such approvals consents as by reason of the nature of the work shown on said working drawings drawings, specifications and specificationssample boards, may be required from the Department of Buildings of the City of New York and any other governmental or quasi-governmental authorities, including, without limitation, Landmarks Preservation Commission of the City of New York. 30.2. If the Landlord shall not approve consent to any working drawing drawing, specification or specification sample board as submitted by the Tenant, the Landlord shall with reasonable promptness promptness, but in any event within twenty (20) business days of the Landlord's receipt of such drawings or specifications, notify the Tenant thereof and of the particulars of such revisions therein as are reasonably required by the Landlord for the purpose of obtaining its said approval consent and as promptly as reasonably possible after being so informed by the Landlord, the Tenant shall submit to the Landlord, for the Landlord's approval consent (which approval consent shall not be unreasonably withheldwithheld or delayed), a working drawing drawing, specification or specificationsample board, as the case may be, incorporating such revisions or incorporating such modifications thereto as are suggested by the Tenant and approved by the Landlord (said working drawings and specifications, as so approvedconsented to, being herein called "the Working Drawings"). Any such approval by the Landlord shall not be deemed to be a representation or warranty that the same is properly designed to perform the function for which it is intended or complies with any applicable law, ordinance, rule, order or regulation of any governmental authority or insurance body, but only that the work required thereby will not interfere with the systems of the Building and is compatible with the design and structure of the Building. Such renovation shall be performed in accordance with, and subject to all of the covenants, agreements, terms, provisions and conditions of this Lease (including, but not limited to, subparagraph (e) of Article Sixth hereof). Upon the approval by the Landlord of the Working Drawings, the Tenant shall proceed with due dispatch to cause the work as shown on such approved Working Drawings to be done at the Tenant's sole cost and expense. The workmen and the contractors performing the work and the manner, terms and conditions upon which the same is performed shall be satisfactory to and approved by the Landlord. The work shall at all times comply with (a) all applicable rules and regulations and orders of any and all governmental authorities or insurance bodies having jurisdiction with respect thereto, and (b) with the reasonable rules and regulations of the Landlord pertaining to the performance thereof. The Landlord agrees that upon receipt by it of evidence satisfactory to it of the completion of such work by the Tenant in a manner satisfactory to the Landlord, and upon the furnishing by the Tenant to the Landlord of evidence reasonably satisfactory to the Landlord of the payment in full of all costs and charges incurred in the performance of the work and the discharge of any lien filed in connection with such work, the Landlord shall pay to the Tenant the lesser of (i) the actual cost of such work, or (ii) $151,000.00.