Minor Alterations definition
Examples of Minor Alterations in a sentence
In addition to the cost of such Tenant Alterations, if any such Tenant Alterations are not Minor Alterations, Tenant shall also pay to Landlord or to Landlord's property manager or other designated agents, as Landlord shall direct, an amount equal to up to four percent (4%) (3% oversight plus professional review fees up to 1%) of all of hard costs of all such Tenant Alterations, as a coordination and management fee allocable to the Tenant Alterations.
Notwithstanding the foregoing, Tenant shall be permitted to make Minor Alterations without Landlord’s prior consent, provided Tenant complies with Laws in its performance of the Minor Alterations.
The foregoing coordination and management fee shall not be applicable or payable by Tenant for any Minor Alterations or the Tenant’s Work performed prior to the Commencement Date.
Notwithstanding the foregoing, Tenant shall have the right to make Tenant Alterations which qualify as Minor Alterations without the consent of Landlord.