Common use of Condition; Tenant Improvements Clause in Contracts

Condition; Tenant Improvements. Subject to Landlord’s obligations with respect to the Landlord’s Additional Premises Work under the Workletter attached hereto as Exhibit B and made a part hereof (the “Additional Premises Workletter”), Tenant hereby accepts each portion of the Additional Premises in their “as is” condition as of the date of execution and delivery of this Amendment by both Tenant and Landlord and acknowledges that Landlord shall not be required to make any improvements to any portion of the Additional Premises for Tenant’s use and occupancy. Without limitation of the foregoing, it is acknowledged that Tenant, at its sole cost and expense (subject to application of the allowances provided for in the Additional Premises Workletter), (a) shall perform any work at the Additional Premises as may be necessary or desired by Tenant to improve the Additional Premises for occupancy and (b) may, at Tenant’s option, perform the work necessary in order to modify the base building washrooms on the 25th floor of the Building to match the 23rd and/or 24th floor base building washrooms, in each case subject to and in accordance with the provisions of the Lease and the Additional Premises Workletter. All work as referenced in this Section 6 performed by Tenant within any respective portion of the Additional Premises prior to or within one hundred twenty (120) days following its/corresponding Additional Premises Commencement Date and in the 25th floor washrooms prior to or within one hundred twenty (120) days following the last Additional Premises Commencement Date to occur for Additional Premises on the 25th floor is referred to herein and in the Additional Premises Workletter as “Tenant’s Additional Premises Work”. Tenant’s Additional Premises Work shall be “Tenant Alterations” for purposes of the Lease.

Appears in 1 contract

Samples: Office Lease (EMAK Worldwide, Inc.)

AutoNDA by SimpleDocs

Condition; Tenant Improvements. Subject to Landlord’s obligations with respect to (a) Without limitation of the Landlord’s Additional Premises Work under the Workletter attached hereto as Exhibit B terms of Sections 10(b) and made a part hereof (the “Additional Premises Workletter”)10(c) below, Tenant hereby accepts each portion the New Premises in their "as is" condition as of the Additional New Premises Turnover Date described in Section 11 below, and Tenant hereby accepts the Existing Premises in their “as is” condition as of the date of execution hereof, and delivery of this Amendment by both Tenant acknowledges and Landlord and acknowledges agrees that Landlord shall not be required to make any improvements to any portion of the Additional New Premises (except as provided in Sections 10(c) and 26 below) or the Existing Premises for Tenant’s 's use and occupancyoccupancy during the term of the Lease (as extended hereby); provided, however, that to the extent that base Building systems serving the New Premises and/or the window blinds located within the New Premises are not in good working order as of the New Premises Turnover Date, then Landlord shall diligently repair the same following notice thereof from Tenant, so that the same function in good working order, at Landlord’s cost and expense, and to the extent window blinds are missing from the New Premises as of the New Premises Turnover Date, Landlord shall diligently replace the same following notice thereof from Tenant, at Landlord’s sole cost and expense (in any case under this sentence, without deduction from the Allowance). Without limitation of the foregoing, it is acknowledged that TenantTenant shall, at its sole cost and expense (subject to application of the allowances provided for Allowance as defined in the Additional hereafter described “New Premises Workletter), (a) shall perform any work at the Additional New Premises as may be necessary or desired by Tenant to improve the Additional New Premises for occupancy and (b) mayoccupancy, at Tenant’s option, perform the work necessary in order to modify the base building washrooms on the 25th floor of the Building to match the 23rd and/or 24th floor base building washrooms, in each case all subject to and in accordance with the provisions of the Lease and Workletter Agreement attached hereto as Exhibit B (the Additional “New Premises Workletter”). All work completed by Tenant on or after the New Premises Turnover Date (as defined in Section 11 below) and on or before the two hundred seventieth (270th) day following the New Premises Commencement Date as referenced in this Section 6 performed by Tenant within any respective portion of the Additional Premises prior to or within one hundred twenty (120) days following its/corresponding Additional Premises Commencement Date and in the 25th floor washrooms prior to or within one hundred twenty (120) days following the last Additional Premises Commencement Date to occur for Additional Premises on the 25th floor above is hereinafter referred to herein and in the Additional Premises Workletter as "Tenant’s Additional Premises 's Work”. Tenant’s Additional Premises Work shall be “Tenant Alterations” for purposes of the Lease".

Appears in 1 contract

Samples: Fourth Amendment to Lease (FSP 303 East Wacker Drive Corp.)

Condition; Tenant Improvements. Subject to Landlord’s obligations with respect to (a) Without limitation of the Landlord’s Additional Premises Work under the Workletter attached hereto as Exhibit B terms of Paragraphs 6(b) and made a part hereof (the “Additional Premises Workletter”)6(c) below, Tenant hereby accepts each portion of the Additional Premises in their “as is” condition as of the Turnover Date described in Paragraph 7 below, subject to Paragraphs 6(b) and 6(c) below, and Tenant hereby accepts the Existing Premises in their “as is” condition as of the date of execution hereof, and delivery of this Amendment by both Tenant acknowledges and Landlord and acknowledges agrees that Landlord shall not be required to make any improvements to any portion of the Additional Premises (except as provided in Paragraph 6(c) below) or the Existing Premises for Tenant’s 's use and occupancyoccupancy during the term of the Lease (as extended hereby). Without limitation of the foregoing, it is acknowledged that TenantTenant shall, at its sole cost and expense (subject to application of the allowances provided for Allowance as defined in the Additional hereafter described “Initial Premises Workletter), (a) shall perform any work at the Existing Premises and/or the Additional Premises as may be necessary or desired by Tenant to improve the Existing Premises and/or the Additional Premises for occupancy and (b) mayoccupancy, at Tenant’s option, perform the work necessary in order to modify the base building washrooms on the 25th floor of the Building to match the 23rd and/or 24th floor base building washrooms, in each case all subject to and in accordance with the provisions of the Lease Workletter Agreement attached hereto as Exhibit B (the “Initial Premises Workletter”). All work completed by Tenant on or after the Turnover Date (as defined in Paragraph 7 below) and on or before the one hundred eightieth (180th) day following the Additional Premises Workletter. All work Commencement Date as referenced in this Section 6 performed by Tenant within any respective portion of the Additional Premises prior to or within one hundred twenty (120Paragraph 6(a) days following its/corresponding Additional Premises Commencement Date and in the 25th floor washrooms prior to or within one hundred twenty (120) days following the last Additional Premises Commencement Date to occur for Additional Premises on the 25th floor is hereinafter referred to herein and in the Additional Premises Workletter as “Tenant’s Additional Premises 's Work”. Tenant’s Additional Premises Work shall be “Tenant Alterations” for purposes of the Lease.

Appears in 1 contract

Samples: Initial Premises Workletter Agreement (FSP 303 East Wacker Drive Corp.)

AutoNDA by SimpleDocs

Condition; Tenant Improvements. Subject Landlord shall deliver the Premises to Tenant in its “as-is” condition without (i) except as set forth in this Section 3(b), any obligation on Landlord’s obligations with respect part to undertake, or, pay for, any improvements or alterations therein; or (ii) any representations or warranties regarding the Landlord’s Additional condition thereof. Notwithstanding the foregoing, after the Commencement Date, Landlord shall undertake in the Premises Work under the Workletter improvements (the “Tenant Improvements”) set forth on the space plan attached hereto as Exhibit B and made a part hereof “B” (the “Additional Premises WorkletterSpace Plan”), at Landlord’s sole cost and expense, except as otherwise set forth herein. All finishes and other components of the Tenant Improvements to be constructed by Landlord shall be “Building-standard” finishes and components selected by Landlord, except to the extent that specific non-Building standard finishes or components are set forth on the Space Plan. Tenant hereby accepts each portion acknowledges that it has approved the scope of the Additional Premises Tenant Improvements shown on the Space Plan and that any changes to the Space Plan or the Tenant Improvements depicted therein shall be at Tenant’s sole cost and expense, and shall be subject to Landlord’s prior written approval, which approval may be granted or withheld in their “as is” condition as Landlord’s sole discretion. Landlord shall perform the Tenant Improvements in accordance with applicable law. Subject to events of force majeure and long lead items, Landlord shall complete the Tenant Improvements on or before the date that is twenty-one (21) days after the Commencement Date. Landlord and Tenant hereby expressly acknowledge and agree that Landlord shall perform the Tenant Improvements while Tenant is in occupancy of the date of execution and delivery of this Amendment Premises during normal business hours (i.e. Monday through Friday 9:00 a.m. to 5:00 p.m., excluding federal holidays) or other days or times reasonably selected by both Tenant and Landlord and acknowledges Landlord; provided that Landlord shall not be required to make (but may in its sole discretion elect to) undertake such work during days and times other than Monday through Friday, 9:00 a.m. to 5:00 p.m. (excluding federal holidays). Landlord shall not be responsible for any improvements damage to, or inconvenience or interference with, Tenant’s business caused by, or in connection with, Landlord’s undertaking the Tenant Improvements, provided that Landlord shall use reasonable efforts to minimize disruption to Tenant’s business while Landlord is undertaking same. Tenant shall promptly comply with any portion and all reasonable Landlord requests with respect to the undertaking by Landlord of the Additional Premises for Tenant Improvements, including any request by Landlord that Tenant relocate Tenant’s use personnel, furniture, equipment, and/or trade fixtures such that Landlord may undertake such work in an efficient and occupancy. Without limitation of the foregoing, it is acknowledged that Tenant, at its sole cost and expense (subject to application of the allowances provided for in the Additional Premises Workletter), (a) shall perform any work at the Additional Premises as may be necessary or desired by Tenant to improve the Additional Premises for occupancy and (b) may, at Tenant’s option, perform the work necessary in order to modify the base building washrooms on the 25th floor of the Building to match the 23rd and/or 24th floor base building washrooms, in each case subject to and in accordance with the provisions of the Lease and the Additional Premises Workletter. All work as referenced in this Section 6 performed by Tenant within any respective portion of the Additional Premises prior to or within one hundred twenty (120) days following its/corresponding Additional Premises Commencement Date and in the 25th floor washrooms prior to or within one hundred twenty (120) days following the last Additional Premises Commencement Date to occur for Additional Premises on the 25th floor is referred to herein and in the Additional Premises Workletter as “Tenant’s Additional Premises Work”. Tenant’s Additional Premises Work shall be “Tenant Alterations” for purposes of the Leasetimely manner.

Appears in 1 contract

Samples: Lease Agreement (Regado Biosciences Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.