TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the construction of the tenant improvements in the Premises. This Tenant Work Letter is essentially organized chronologically and addresses the issues of the construction of the Premises, in sequence, as such issues will arise during the actual construction of the Premises. All references in this Tenant Work Letter to Articles or Sections of "this Lease" shall mean the relevant portion of Articles 1 through 29 of the Office Lease to which this Tenant Work Letter is attached as Exhibit B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to Sections of "
TENANT WORK LETTER. Notwithstanding any provision in the Lease to the contrary, subject to the terms of this Tenant Work Letter, below, Tenant shall be entitled to a tenant improvement allowance (the “Tenant Improvement Allowance”) in the total amount of $245,440.00 (i.e., $10.00 per rentable square foot of the Premises) for the costs relating to the design and construction of Tenant’s improvements or work related thereto in the Premises, which may be in the form of several projects performed over time (the “Tenant Improvements”). The Tenant Improvements shall be constructed as alterations in accordance with the terms and conditions of Article 8 of this Lease; provided, however, Tenant shall not be required to obtain a lien or completion bond for the Tenant Improvements. Subject to the provisions of this Tenant Work Letter, during the course of construction of the Tenant Improvements in accordance with Article 8 of this Lease, but not more often than monthly, Landlord shall deliver a check made payable to Tenant in payment for the applicable portion of the Tenant Improvement Allowance, provided that (i) if applicable, Tenant’s architect delivers to Landlord a certificate, in a form reasonably acceptable to Landlord, certifying that the construction of the Tenant Improvements covered by such request has been completed, (ii) Tenant delivers to Landlord properly executed unconditional mechanic’s lien releases in compliance with both California Civil Code Section 8134 and Section 8138, (iii) Landlord has determined that no substandard work exists which adversely affects the mechanical, electrical, plumbing, heating, ventilating and air conditioning, life-safety or other systems of the Building, the curtain wall of the Building, the structure or exterior appearance of the Building, or any other tenant’s use of such other tenant’s leased premises in the Building, and (iv) Tenant delivers to Landlord all invoices, marked as having been paid, from all general contractors, subcontractors, laborers, materialmen, and suppliers used by Tenant for labor rendered and materials delivered to the Premises in connection with the Tenant Improvements covered by such request. In no event shall Landlord be obligated to disburse any portion of the Tenant Improvement Allowance if requested by Tenant subsequent to December 1, 2017, nor shall Landlord be obligated to disburse any amount in excess of the Tenant Improvement Allowance in connection with the construction of the Tenant Improvements. EXHIBI...
TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the improvement of the Premises for Tenant following the date of this Second Amendment. This Tenant Work Letter is essentially organized chronologically and addresses the issues of construction, in sequence, as such issues will arise during construction in the Premises.
TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the initial improvement of the Premises for Tenant. This Tenant Work Letter is essentially organized chronologically and addresses the issues of construction, in sequence, as such issues will arise during the actual construction of the initial improvement of the Premises. All references in this Tenant Work Letter to Sections of “
TENANT WORK LETTER. Landlord and Tenant hereby acknowledge that the Additional Allowance amount of Four Hundred Seventeen Thousand One Hundred Eighty and 00/100 Dollars ($417,180.00) shall be added to the Improvement Allowance as defined in Section 2.2 of the Second Amendment Work Letter. Accordingly, the Improvement Allowance (as originally defined in Section 2.2 of the Second Amendment Work Letter) shall hereafter be equal to the sum of Three Million One Hundred Thousand Twenty-Eight Thousand Eight Hundred Fifty and 00/100 Dollars ($3,128,850.00) (i.e., $75.00 per rentable square foot of the New Premises) and Tenant shall have no further rights to increase the Improvement Allowance pursuant to Section 2.3 of the Second Amendment Work Letter.
TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the construction of the Premises. This Tenant Work Letter is essentially organized chronologically and addresses the issues of the construction of the Premises, in sequence, as such issues will arise during the actual construction of the Premises. All references in this Tenant Work Letter to Articles or Sections of “this Lease” shall mean the relevant portions of Articles 1 through 29 of the Office Lease to which this Tenant Work Letter is attached as Exhibit B, and alI references in this Tenant Work Letter to Sections of “
TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the construction of the tenant improvements in the Expansion Premises. This Tenant Work Letter is essentially organized chronologically and addresses the issues of the construction of the Expansion Premises, in sequence, as such issues will arise during the actual construction of the Expansion Premises. All references in this Tenant Work Letter to Sections of “
TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the construction of the improvements in the Expansion Space. This Tenant Work Letter is essentially organized chronologically and addresses the issues of the construction of the Expansion Space, in sequence, as such issues will arise during the actual construction of the Expansion Space. All references in this Tenant Work Letter to Sections of “
TENANT WORK LETTER. This Tenant Work Letter shall set forth the terms and conditions relating to the construction of the Property. This Tenant Work Letter is essentially organized chronologically and addresses the issues of the construction of the Property, in sequence, as such issues will arise during the actual construction of the Property. All references in this Tenant Work Letter to Articles or Sections of “this Lease” shall mean the relevant portions of Articles 1 through 17 of the Industrial Real Estate Lease (to which this Tenant Work Letter is attached as Exhibit E) and the Rider attached to this Lease, and all references in this Tenant Work Letter to Sections of “
TENANT WORK LETTER. Landlord and Tenant acknowledge that Tenant has been occupying the Premises pursuant to the Lease. Except as specifically set forth herein, Landlord shall not be obligated to construct or install any improvements or facilities of any kind in the Premises, and Tenant shall continue to accept the Premises in its currently-existing, "as-is" condition. Notwithstanding the foregoing, Tenant shall be entitled to a one-time tenant improvement allowance (the "Tenant Improvement Allowance") equal to $739,450.00 (i.e., approximately $10.00 per rentable square feet of the Original Premises) for the costs relating to the design and construction of Tenant's improvements which are permanently affixed to the Original Premises (the “Tenant Improvements”). The Tenant Improvement Allowance will be disbursed in accordance with Landlord's standard disbursement procedures, including, without limitation, following Landlord's receipt of (i) evidence (i.e., invoices or other documentation reasonably satisfactory to Landlord) of payment for the Tenant Improvements, and (ii) fully executed, unconditional lien releases from all contractors, subcontractors, laborers, materialmen, and suppliers used by Tenant in connection with the Tenant Improvements. The Tenant Improvements shall be constructed in accordance with the terms and conditions of Article 9 of
