Common use of Construction Allowance Clause in Contracts

Construction Allowance. Landlord shall provide to Tenant a construction allowance ("Construction Allowance") for the purpose of defraying the cost of constructing the Leasehold Improvements which Construction Allowance shall be equal to the lesser of (i) the Total Construction Costs, or (ii) $1,191,100.00 ($25.00 per square foot of area in the Premises).

Appears in 1 contract

Samples: Lease Agreement (Ameritrade Holding Corp)

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Construction Allowance. Landlord shall provide to Tenant a construction allowance ("Construction Allowance") for the purpose of defraying the cost of constructing the Additional Leasehold Improvements which Construction Allowance shall be equal to the lesser of (i) the Total Construction Costs, Costs or (ii) $1,191,100.00 ($25.00 per square foot of area in the Premises)449,162.00.

Appears in 1 contract

Samples: Lease (Thermadyne Australia Pty Ltd.)

Construction Allowance. If and so long as the Conditions of Advance set out below are satisfied, Landlord shall provide to Tenant a construction allowance ("the “Construction Allowance") for the purpose of defraying ”), to be applied against the cost of constructing completing the Leasehold Improvements which Construction Allowance shall be equal to Tenant’s Work, in the lesser of (i) following amount and upon the Total Construction Costs, or (ii) following terms and conditions: Amount: $1,191,100.00 ($25.00 45.00 per square foot feet of area in Rentable Area of the Premises), plus applicable taxes.

Appears in 1 contract

Samples: Office Space Lease (Aquinox Pharmaceuticals, Inc)

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Construction Allowance. Landlord shall provide to Tenant a construction allowance ("Construction Allowance") for the purpose of defraying the cost of constructing the Leasehold Improvements which Construction Allowance shall be equal to the lesser of (i) the Total Construction Costs, or (ii) $1,191,100.00 3,500,000.00 ($25.00 per square foot of area in the Premises).

Appears in 1 contract

Samples: Lease Agreement (Ameritrade Holding Corp)

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