Authorisation Requests and Relevant Estimates Clause Samples

Authorisation Requests and Relevant Estimates. (a) As soon as reasonably practicable and in any event within ten (10) Business Days following receipt of the information specified in Clause 8.2 and, subject as set out in Clause 8.1, if the Landlord approves a TRM Application (so far as applicable), the Landlord shall work closely with the Tenant's Representative and shall furnish to the Tenant in duplicate a memorandum which sets out details of the Tenant's Requested Modification in question, the duplicate of which will include an acceptance section for completion by the Tenant if it wishes to proceed with such Tenant's Requested Modification (the “TRM Authorisation Request”) and to which is annexed a statement setting out: i. the Approvals and the third party consents required in respect of the Tenant's Requested Modification (the “Modification Consents”); ii. an estimate of any Tenant's Delay which is likely to result by reason of such Tenant's Requested Modification and which shall include where applicable any estimated period of delay in respect of seeking and obtaining the Modification Consents (“Estimate of Tenant's Delay”); and iii. the Landlord's good faith estimate of any Development Costs attributable to such Tenant's Requested Modifications (the “TRM Costs Estimate”). Provided that the Estimate of Tenant's Delay and the TRM Costs Estimate (the “Relevant Estimates”) shall not be binding on the Landlord or the Tenant and no warranty as to the accuracy of such statements is given or shall be implied. In connection with the foregoing, Landlord agrees to cooperate reasonably and in good faith with Tenant to: (I) implement Tenant's Requested Modifications so as to minimize or eliminate (A) any Tenant's Delay and/or (B) any increase to the Project Budget, resulting from any such Tenant's Requested Modifications; and (II) mutually agree on a schedule for any Tenant's Requested Modifications, which, upon approval by Landlord and Tenant, shall be incorporated into the Construction Programme. (b) Prior to receiving the Tenant's countersigned TRM Authorisation Request and Relevant Estimates, unless otherwise directed by Tenant in writing as part of the applicable TRM Application, the Landlord shall continue to progress or procure the progress of the Shell Building Works and/or the Stage Works as if no application for a Tenant's Requested Modification had been received. The Tenant agrees, for the avoidance of doubt, that where the Landlord continues with the execution of any aspects of the Shell Building ...