Initial Leasehold Improvements definition
Examples of Initial Leasehold Improvements in a sentence
All plans and specifications relating to the Initial Leasehold Improvements shall be prepared by architects and engineers selected and employed by Tenant and approved by Landlord.
Only the authorized construction representative so designated is authorized to sign any change order, disbursement request for any Allowance, receipt, or other document on behalf of such party related to the Initial Leasehold Improvements, and without the signature of such an authorized construction representative, no such document shall be binding upon the respective party.
Tenant and Landlord shall furnish the other party with a written list of such party's authorized construction representative for the Initial Leasehold Improvements.
Tenant's Construction Costs" means the total amount actually paid by Landlord under the Construction Contract(s) for the Initial Leasehold Improvements, including labor, material, and fees, and as increased or decreased pursuant to any change order executed by Landlord and Tenant in accordance with the provisions of this EXHIBIT B.
Landlord represents and warrants that there are no restrictions affecting the Building which are applicable to the construction and installation of the Initial Leasehold Improvements.
Within three (3) days after any written request submitted from time to time by Tenant or its architects, engineers, or other consultants, Landlord shall furnish any plans, specifications, drawings, samples, or other materials or information within Landlord's possession reasonably related to the design and construction of the Initial Leasehold Improvements.
Landlord shall be solely responsible for all payments and other liabilities or obligations to, and any liens or claims asserted by, contractors or other persons employed by Landlord in connection with the Initial Leasehold Improvements.
Tenant may employ other consultants of its selection to assist with the design and construction of the Initial Leasehold Improvements, Tenant's architects, engineers, and other consultants shall be afforded access to all work in progress at the Building or in the Additional Office Space.
Tenant shall have prepared and submit to Landlord for approval a set of preliminary plans (the "Proposed Space Plans") in the form of a schematic design providing a conceptual layout and description of the Initial Leasehold Improvements.
Landlord shall be responsible for the costs to rectify any failure of the base Building (including, without limitation, the bathrooms on the 15th floor of the Building), Base Building systems (including elevators and elevator buttons), or "shell," portions of the Additional Office Space (as opposed to the Initial Leasehold Improvements, either those existing or to be installed by Landlord) to comply with applicable governmental laws, regulations, codes and ordinances in effect on the Effective Date.