Construction Documents; Payments Sample Clauses

Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased Premises, a copy of which is attached to the Lease as Schedule 1 (the "Preliminary Plan"). The estimated cost of completing the Leasehold Improvements according to the Preliminary Plan (the "Estimate") is $12.30

Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased ---- Premises, a copy of which is attached to the Lease as Schedule 1 (the "Preliminary Plan"). The estimated cost of completing the Leasehold Improvements according to the Preliminary Plan (the "Estimate") is $________. The Estimate represents Landlord's good faith estimate of the cost of completing the Leasehold Improvements. Landlord shall have no liability if the Final Cost (defined in paragraph 2.03 below) is greater than the Estimate. 2.02 Tenant, within 60 days hereof, shall as a part of the allowance for ---- ---- improvement cause the Consultants (defined below) to prepare and submit to Landlord for approval or disapproval all drawings, plans and specifications necessary to construct the Leasehold Improvements. The following companies shall prepare the drawings, plans and specifications which are to comprise the Construction Documents: Architectural ____________________: Mechanical _______________________: Electrical _______________________: Plumbing _________________________: (collectively, the "Consultants"). The fees and expenses of the Consultants for preparing the initial drawings, plans and specifications which are to comprise the Construction Documents shall be included in the Final Cost (defined in paragraph 2.03 below) and allocated accordingly between Base Tenant Improvements and Extraordinary Tenant Improvements. Tenant shall receive an appropriate credit for any advance payments made to the Consultants.

Construction Documents; Payments. 2.1 The following companies have prepared the Approved Plan, Tenant Specifications, Building Standards and the General Contractor's Bid, which are to comprise the Construction Documents: General Contractor: ICON General Contractors, Inc. and Architectural: HDL Design and Interior Specialist (collectively, the "Consultants"). The fees and expenses of the Consultants shall be included in the Turnkey Costs. 2.2 Tenant acknowledges that Landlord's sole obligation is to pay the Turnkey Costs attributable to the construction of the Leasehold Improvements pursuant to the Construction Documents. All costs resulting from any changes to the Construction Documents made by Tenant which result in additional costs over and above the Turnkey Costs (including, without limitation, fees and expenses of the Consultants and any increased costs of construction) shall be paid by Tenant ("Tenant's Share").

Construction Documents; Payments. 2.01 The parties have approved and executed Construction Documents for the Leased Premises, a copy of which is attached hereto as Exhibit 1. Landlord shall be solely responsible at Landlord's cost to buildout the Base Tenant Improvements. Tenant shall be solely responsible at Tenant's expense for any Extraordinary Tenant Improvements.

Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased Premises, a copy of which is attached to the Lease as Schedule 1 (the "PRELIMINARY PLAN"). Landlord's approval of the Preliminary Plan shall create no responsibility or liability on the part of Landlord for their completeness, design sufficiency, or compliance with laws, rules and regulations of governmental agencies or authorities. 2.02 Tenant shall cause to be prepared and submitted to Landlord for approval all drawings, plans and specifications necessary to construct the Leasehold Improvements. Tenant acknowledges that such drawings, plans and specifications shall incorporate entryways that comply with Building standards. Within five (5) business days from the date the documents are submitted ("DOCUMENT APPROVAL PERIOD"), Landlord shall approve or disapprove the documents. At the end of such five (5) business day period, Tenant shall incorporate all reasonable changes requested by Landlord and such revised Documents shall be delivered to Landlord for Landlord's review and approval, which approval shall not be unreasonably withheld or delayed. Upon Landlord's approval of the final form of the drawings, plans and specifications, such approved documents shall constitute the Construction Documents. The fees and expenses for preparing the drawings, plans and specifications shall be included as part of the cost of the Leasehold Improvements to which the Allowance may apply.

Construction Documents; Payments. 2.01 The parties have approved a preliminary floor plan for the Leased ---- Premises, a copy of which is attached to the Lease as Schedule 1 (the "Preliminary Plan"). 2.02 Landlord shall cause to be prepared and submitted to Tenant for ---- approval all drawings, plans and specifications necessary to construct the Leasehold Improvements. Within five (5) business days from the date the documents are submitted ("Document Approval Period"), Tenant shall approve or disapprove the documents. Landlord and Tenant shall attempt to resolve the objections of Tenant; If Tenant and Landlord disagree on the drawings and specifications and a resolution cannot be reached after ten (10) days of good faith negotiations then the documents are deemed approved. The fees and expenses for preparing the drawings, plans and specifications shall be included in the Final Cost (defined in paragraph 2.03 below). 2.03 Upon Tenant's approval of the final form of the drawings, plans and ---- specifications, which shall constitute the Construction Documents, Landlord shall prepare an analysis of the cost of constructing the Leasehold Improvements according to the Construction Documents (the "Final Cost") and submit such analysis to Tenant for its approval. Within five (5) business days from the date the Final Cost has been submitted ("Cost Approval Period"), Tenant shall approve or disapprove the Final Cost. If Tenant fails to respond within the Cost Approval Period, it shall be conclusively presumed that Tenant has approved the Final Costs. If Tenant does not approve the Final Cost, it shall promptly notify Landlord; in which case Tenant and Landlord shall use their best efforts to amend the Construction Documents in a manner satisfactory to each. If they are unable to do so within 5 days after Tenant notifies Landlord as provided in the preceding sentence, either party may terminate the Lease by delivering written notice to the other. Tenant acknowledges that Landlord's sole monetary obligation is to pay the costs attributable to the construction of the Leasehold Improvements, up to an aggregate maximum limit of $10.00 per square foot of Tenant's Square Footage (the "Allowance"), and Tenant shall pay all other costs of the construction of the Leasehold Improvements ("Tenant's Share"). Landlord also agrees to pay up to an additional $10.00 per square foot of Tenant's Square Footage as additional allowance to be reimbursed by Tenant as additional Base Rent, amortized using 12% annual int...