Construction of Additional Improvements Sample Clauses

Construction of Additional Improvements. (i) Subject to delays resulting from Force Majeure Matters and/or Tenant Delays, Landlord shall Substantially Complete the following additional improvements within the Park by the applicable completion dates set forth herein: (i) the refurbishment of the two buildings located immediately adjacent to the Building (the “Grid Buildings”), as identified on Exhibit D attached hereto, and construction of the Café (as defined in Section 16.23) in the location shown on Exhibit D attached hereto (collectively, the “Phase II Improvements”) not later than April 30, 2021 (the “Phase II Completion Date”), (ii) the construction of the Fitness Center (as defined in Section 16.23) in the location identified on Exhibit D attached hereto and generally consistent with the depictions of same on Exhibit J attached hereto not later than June 30, 2021 (the “Fitness Center Completion Date”), and (iii) the refurbishment of the two buildings located next to the Grid Buildings (the “Edge Buildings”), as identified on Exhibit D attached hereto (the “Phase III Improvements”) not later than September 1, 2021 (the “Phase III Completion Date”). If Landlord for any reason other than Force Majeure Matters and/or Tenant Delays is unable to Substantially Complete any of the aforementioned additional improvements (each, an “Additional Improvement”) by the applicable completion date (each, a “Completion Date”), this Lease shall not be void or voidable nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom; but in that event, Landlord shall act diligently and in good faith to complete the work that is necessary for Landlord to Substantially Complete such improvements. In such event, the following terms shall apply: (1) In the event Substantial Completion of an Additional Improvement does not occur by the date that is sixty (60) days following the applicable Completion Date for such Additional Improvement, Tenant shall receive a credit against the Monthly Rental Installments due hereunder equal to one (1) day of Minimum Annual Rent and Additional Rent with respect to the Leased Premises for every three (3) days that elapse between the end of such sixty (60) day period until Substantial Completion of the applicable Additional Improvement occurs (each, an “Additional Improvement Credit”), which credit(s) shall be applied to the Monthly Rental Installment(s) first becoming payable hereunder. (2) In the event Substantial Completion of an Additional Improvement does not occ...

Construction of Additional Improvements. Tenant acknowledges --------------------------------------- that Landlord may from time to time construct additional improvements, including additional buildings, on the Project. Landlord shall have the right to construct such improvements, and, provided Landlord performs such work as set forth below, Tenant shall not be entitled to any abatement of rent as a result of such construction or the additional improvements, including, without limitation, due to the noise, dust, additional traffic, additional usage of and wear and tear on the Common Area, loss of view or disruption associated therewith and Tenant waives any and all claims which it or its employees, invitees, agents or contractors may have as a result thereof. The design, location and configuration of such improvements shall be in Landlord's sole discretion. As a result of the construction of such improvements, portions of the Common Area, including, without limitation, parking location, configuration and access, may be temporarily or permanently closed or modified; provided, however, the foregoing shall be subject to the provisions of Section 6.3 hereof. None of the foregoing shall give rise to any rights or claims by Tenant and Tenant shall not be entitled to any compensation or abatement of any kind with respect thereto. In the event that Landlord, in its sole discretion, elects to include such improvements as part of the Common Area and the Project, upon completion of such additional improvements, the Project Gross Leasable Area shall be increased due to the square footage of the additional improvements by an amount reasonably determined by Facility:___________________ Landlord, and Tenant's Share shall be appropriately adjusted based on such change to the Project Gross Leasable Area. Landlord shall use reasonable efforts to minimize disruption to Tenant's use of the Premises as a result of such construction (which reasonable efforts shall not require Landlord to perform work outside of normal business hours) and shall otherwise comply with the restrictions set forth in Section 6.3 hereof. Landlord shall have the right in its sole discretion to sell portions of the Project or to develop portions of the Project as separate projects, in which case such portions of the Project shall thereafter be excluded from the term "Project" and the Project Gross Leasable Areas shall not include any improvements located therein.

Construction of Additional Improvements. Borrower shall diligently and without delay pursue construction of the Additional Improvements in a workmanlike manner in accordance with any plans and specifications therefor, and in accordance with all Requirements of Law, building restrictions, recorded covenants and restrictions, and requirements of all Governmental Authorities having jurisdiction over the Property. Borrower shall, upon Administrative Agent’s request, execute and deliver to Administrative Agent a copy of any plans and specifications for any Additional Improvements and an assignment of Borrower’s rights under any Construction Agreement to Administrative Agent, for the benefit of Lenders as security for Borrower’s obligations under this Agreement and the other Loan Documents, and with respect to any Construction Agreement providing for payments in excess of $1,000,000 in the aggregate, shall cause the Contractor to consent to any such assignment. Borrower shall be solely responsible for all aspects of Borrower’s business and conduct in connection with the Property, including, without limitation, for the quality and suitability of any such plans and specifications and their compliance with all Requirements of Law, the supervision of the work of construction, the qualifications, financial condition and performance of all architects, engineers, contractors, material suppliers, consultants and property managers, and the accuracy of all applications for payment and the proper application of all disbursements. Neither Administrative Agent nor any Lender is obligated to supervise, inspect or inform Borrower or any third party of any aspect of the construction of the Additional Improvements or any other matter referred to above.

Construction of Additional Improvements. Except as expressly authorized herein, Tenant shall make no additions, alterations, changes, fixtures, or other Improvements to the Premises (“Improvements”) without the express written consent of the Town. Tenant, at its own expense, shall keep and maintain the Premises and Improvements neat and orderly at all times and shall perform all repairs to the same to keep them in proper condition. All Improvements on the Premises shall be the property of Tenant during the full term of this Lease provided however that at the termination of this Lease, the Town shall have the right to determine if the improvements shall be removed by the Tenant or in the alternative that the Town shall become the owner of said improvements, without cost to the Town.

Construction of Additional Improvements. Landlord shall, at Landlord's cost and expense, construct the additional improvements (the "Additional Improvements") to the Leased Premises pursuant to the final plans and specifications (the "Plans") prepared by Architectural Alliance ( the "Architect"), which Plans are summarized (the "Summary") on Exhibit C attached hereto and incorporated herein by reference. Landlord shall, within three (3) weeks from the date hereof, cause the Plans for the Additional Improvements to be completed, conforming in all material respects to the Summary. Thereupon, Exhibit C shall be amended to replace the Summary with the Plans. The Additional Improvements, when constructed, will comply all Laws, as such term as defined below, applicable to the Leased Premises, including the ADA, as defined below.

Construction of Additional Improvements. Tenant, but only with the prior written approval of Landlord, which approval shall not be unreasonably delayed or withheld, shall have the right to make such alterations, improvements, and changes to any building or improvement which may from time-to-time be on the Premises as Tenant may deem necessary or to replace any such building or improvement with a new one. Landlord and Tenant acknowledge that during such additional construction, the Governmental Program may be interrupted as is reasonably necessary for orderly and safe construction to occur, provided that the Governmental Program shall resume immediately upon completion of construction. Any changes to the Cowxxx Xxnter shall be constructed in material compliance with all applicable federal, state and local laws, rules and regulations; and in compliance with the terms and conditions of all applicable licenses and permits; and, together with any fixtures related to the operation of any buildings located on the Premises, shall immediately become the property of the Ground Landlord, and Landlord and Tenant shall have only a leasehold interest therein, subject to the terms and provisions contained herein and in the Ground Lease. Upon request of the Ground Landlord, Tenxxx xxll execute and deliver to the Ground Landlord bills of sale from time-to-time transferring to the Ground Landlord title to personal property which becomes a fixture and property of the Ground Landlord under the preceding sentence. Tenant shall annually certify the costs of any capital improvements to and as part of the annual report required under Section 9.b.(1)(D)

Construction of Additional Improvements. Landlord agrees to cause the construction of the Additional Improvements in accordance with the terms and conditions of the Construction Contract and in accordance with the working drawings and base building specifications as are listed on Exhibit A to the Construction Contract; provided, however, Landlord shall not be required to authorize Change Orders which would increase the Contract Sum above the agreed upon amount of $565,739.00. Tenant agrees to cooperate with Opus and Landlord in the construction of the Additional Improvements and to make every reasonable effort to conduct its business in such a way as will cause as little interference as possible with the construction of the Additional Improvements. Further, Tenant agrees to supervise the construction of the Additional Improvements and to otherwise take an active role in ensuring that the construction of the Additional Improvements complies with the plans and specifications therefor, which plans and specifications were prepared with the participation of Tenant, and which plans and specifications have been approved by Tenant.

Construction of Additional Improvements. Lessor hereby notifies Lessee that Lessor intends to construct a building and related improvements on the parcel adjacent to the Building and that such construction will cause increased noise levels, dust and other possible nuisances which may affect occupants of the Building, including Lessee. Lessee hereby waives all claims for any injury to Lessee's business or loss of income therefrom, or for damage that may be sustained by the person or property of Lessee, its employees, invitees, customers, agents, or contractors, caused by or resulting from such construction.

Construction of Additional Improvements. (a) Commence construction of the Additional Improvements on or before the Commencement Date, (b) diligently proceed with construction of the Additional Improvements according to the Plans and Specifications and in accordance with all applicable laws and ordinances, (c) cause the Additional Improvements to be completed by the Completion Date, (d) require each Contractor to comply with all rules, regulations, ordinances and laws bearing on its conduct of work on the Project.

Construction of Additional Improvements. 11 ARTICLE VI Condition and Maintenance of Premises.......................................13 ARTICLE VII Alterations and New Construction............................................17 ARTICLE VIII Insurance...................................................................18