Allowance for Work Sample Clauses

Allowance for Work. 3.1 Landlord shall pay for the Tenant Building Work in accordance with the Final Plans approved by Landlord. All items of Tenant Building Work (but not Tenant's trade fixtures) shall become the property of Landlord upon expiration or earlier termination of the Lease and shall remain on the Premises at all times during the Term of this Lease.
Sample 1
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Allowance for Work. 2.1 Landlord shall provide the Allowance (as defined in Paragraph 4.1) for --- the construction of the Tenant Building Standard Work pursuant to mutually approved Final Working Drawings and Specifications prepared by the Landlord's architect. All items of Tenant Building Standard Work, whether or not the cost thereof is covered by the Allowance shall become the property of Landlord upon expiration or earlier termination of the Lease and shall remain on the Premises at all times during the term of this Lease. Any and all improvements, code compliance or similar work to the Premises necessary to comply with any requirements or regulations applicable to handicapping requirements, the Americans with Disabilities Act, ACM work, OSHA, CAL-OSHA, and life-safety, shall be charged to the Allowance and paid from the Allowance.
Sample 1
Allowance for Work. 3.1 Tenant shall receive from Landlord an allowance (the “Allowance”) of [ ] per square foot of Usable Area of the Premises (00,000 xxxxxx xxxx xx Xxxxxx Xxxx), i.e., [ ] [ ]), which Allowance shall be used solely for the design, engineering and permitting fees, materials procurement, telephone and data cabling systems, construction management fees, and installation of the Leasehold Improvements and other aspects of the Work Cost as hereinafter defined. Subject to Article 10 of the Lease, all items of the Leasehold Improvements, whether or not the cost thereof is covered by the Allowance, shall become the property of Landlord upon expiration or earlier termination of the Lease and shall remain on the Premises at all times during the Term of this Lease. The immediately preceding sentence shall not limit Tenant’s rights to remove furniture, removable fixtures (e.g., file cabinets), and the hardware elements of Tenant’s Security System from the Premises upon expiration or earlier termination of the Lease so long as such removal is performed in accordance with, and subject to, the Lease. Tenant shall be entitled to no payment, credit or rent reduction for any part of the Allowance not used by Tenant as provided herein.
Sample 1
Allowance for Work. 3.1 Tenant shall receive from Landlord the Allowance set forth in Paragraph 12 of the Basic Lease Terms, which Allowance shall be used solely for the design and installation of the Tenant Building Work. All items of Tenant Building Work, whether or not the cost thereof is covered by the Allowance, shall become the property of Landlord upon expiration or earlier termination of the Lease and shall remain on the Premises at all times during the Term of this Lease. Tenant shall be entitled to no payment or rent reduction for any part of the Allowance not used by Tenant.
Sample 1
Allowance for Work. 3.1. Tenant shall receive from Landlord an allowance (the "ALLOWANCE") of Thirty-Five Dollars ($35.00) per square foot of Usable Area of the Premises, i.e., Nine Hundred Four Thousand Five Hundred Seventy-Five Dollars ($904,575.00), which Allowance shall be used solely for the design, engineering and permitting fees, materials procurement, construction management fees, and installation of the Leasehold Improvements and other aspects of the Work Cost as hereinafter defined. All items of the Leasehold Improvements, whether or not the cost thereof is covered by the Allowance, shall become the property of Landlord upon expiration or earlier termination of the Lease and shall remain on the Premises at all times during the Term of this Lease. Tenant shall be entitled to no payment, credit or rent reduction for any part of the Allowance not used by Tenant. Tenant shall have the option, exercisable by written notice to Landlord within ten (10) days after Tenant's submittal to Landlord of Tenant's Design Development Drawings, to increase the amount of the Allowance by up to Five Dollars ($5.00) per square foot of Usable Area of the Premises (the "INCREASED ALLOWANCE AMOUNT"); provided, however, that notwithstanding anything in this Exhibit "C" to the contrary, such Increased Allowance Amount may only be used by Tenant for the design and construction of Leasehold Improvements pertaining to the ground floor portion of the Premises. If Tenant exercises such option, the monthly Base Rent payable by Tenant throughout the ten (10) year Lease Term shall be increased by an amount sufficient to fully amortize such Increased Allowance Amount throughout said ten (10) year period based upon equal monthly payments of principal and interest, with interest imputed on the outstanding principal balance at the rate of ten and one-half percent (10.5%) per annum. By way of illustration only, a Five Dollar ($5.00) per square foot of Useable Area Increased Allowance Amount will result in an increase, on a per rentable square foot basis, in the Base Rent of $0.0675 per square foot of Rentable Area of the Premises per month (or $0.81 per square foot of Rentable Area of the Premises per year).
Sample 1
Allowance for Work. Outside the Bargaining Unit When the Employer temporarily an employeeto carry out the of a supervisory person for a period excess of one-half shift, the employee shall receive.five dollars ($5.00) per There shall be no pyramiding of any benefits payable under this Agreement or under any statute or legislation applicable to the employee.
Sample 1

Related to Allowance for Work

  • Allowance Landlord shall contribute to the costs and expenses of all costs for the planning and design of Tenant Improvements, including all permits, licenses and construction fees and constructing Tenant Improvements in an amount not to exceed the Allowance. If the final costs for Tenant Improvements exceed the Allowance, Tenant shall be responsible for such excess costs. If the total cost of performing Tenant Improvements is less than the Allowance, portions of the Allowance may be used towards Tenant's soft costs and existing Lease or Amendment obligations in accordance with Section 1 of this Work Letter. Landlord shall pay the Allowance to Tenant consistent with the terms and conditions of this Section. After Tenant Improvements are complete (as provided under Section 11 hereof), Tenant’s Representative may submit to Landlord’s Representative a request in writing (“Draw Request”) for the Allowance which request shall include: (a) “as-built” drawings showing all of Tenant Improvements; (b) a detailed breakdown of Tenant's final and total construction costs, together with receipted invoices showing payment thereof; (c) a certified, written statement from the Architect that all of Tenant Improvements has been completed in accordance with the Drawings; (d) all required AIA forms, supporting final lien waivers, and releases executed by the Architect, General Contractor, the Major Subcontractors and all subcontractors and suppliers in connection with Tenant Improvements; (e) a copy of a certificate of occupancy or amended certificate of occupancy required with respect to the Expansion Premises, if applicable, together with all licenses, certificates, permits and other government authorizations necessary in connection with Tenant Improvements and the operation of Tenant's business from the Expansion Premises; and (f) proof reasonably satisfactory to Landlord’s Representative that Tenant has complied with all of the conditions set forth in this Work Letter and has satisfactorily completed Tenant Improvements. Upon Landlord's Representatives receipt and approval of the Draw Request, Landlord shall pay the balance of the Allowance. Payment by Landlord shall be made within thirty (30) days, unless Landlord’s Representative notifies Tenant’s Representative, in writing, of its rejection (and the reasons therefor) of any or all of the Draw Request. To the extent Landlord does not so reject any portion of said Draw Request, Landlord shall timely pay the Draw Request. Notwithstanding the foregoing to the contrary, but subject to Section 1 of this Work Letter, Landlord will pay the amount of the Allowance to Tenant in progress payments (not more often than monthly). Such progress payments will be made not later than thirty (30) days after receipt by Landlord’s Representative from Tenant’s Representative of copies of Tenant’s invoices from its Architect or General Contractor together with a certificate from Tenant’s Representative indicating that the work to which such invoices relate has been substantially completed and/or the materials to which such invoices relate have been installed in, or delivered to, the applicable portion of the Expansion Premises. Such progress payments will be made payable to Tenant and will be for the undisputed amount of the submitted invoices, less a ten percent (10%) retainage (which shall not be released until such time as Landlord’s Representative has received the Draw Request). As a condition precedent to Landlord’s issuing any such progress payment subsequent to the first such progress payment, Tenant’s Representative will deliver to Landlord’s Representative an original lien waiver from its General Contractor waiving any claim for a mechanic’s or materialman’s lien with respect to the labor and materials reflected in the invoices submitted for the immediately preceding progress payment.

  • Expense Allowance The Company shall reimburse the Executive for all reasonable and necessary expenses incurred by him from time to time in the performance of his duties hereunder, against receipts therefor in accordance with the then effective policies and requirements of the Company.

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