Construction of Demised Premises. (a) Landlord will submit to Tenant, within ten (10) calendar days execution of this Lease, a proposed floor plan for the interior of the Demised Premises. If Tenant does not approve the proposed floor plan within ten (10) calendar days after receipt of the proposed plan or after the Lease Date, whichever is later, each day that elapses after such tenth (10th) calendar day, until the approval is given by Tenant, will constitute a day of Tenant Delay. Within ten (10) days after the date on which Landlord receives written approval from Tenant for such floor plan for the interior of the Demised Premises, Landlord shall prepare, at Landlord's sole cost and expense (provided that all such costs incurred and payable by Landlord to third parties shall be chargeable against the Maximum Construction Allowance), and submit to Tenant a set of plans and specifications and/or construction drawings (collectively, the "Plans and Specifications") based on the preliminary plans and specifications and/or preliminary floor plans set forth on Exhibit C attached hereto and incorporated --------- herein, covering all work to be performed by Landlord in constructing the interior improvements for the Demised Premises. Tenant shall have five (5) business days to approve the Plans and Specifications. A failure of any proposed plans or specifications to conform to Exhibit C shall be a proper basis for --------- disapproval. In the process of reviewing and approving the proposed Plans and Specifications, Tenant shall not have the right to request any material change in scope of the work after final approval of the Plans and Specifications by Tenant, any subsequent changes thereto requested by Tenant shall be at Tenant's sole cost and expense and subject to Landlord's written approval, which shall not be unreasonably withheld, delayed or conditioned Landlord will, promptly after receipt of the written approval of the Plans and Specifications by Tenant, submit to the Village of Bolingbrook, such applications as may be necessary to obtain all permits (collectively, the "Permits") required for the work contemplated by the Plans and Specifications (which will include the Allowance Work). Landlord will diligently pursue issue of the Permits.
Construction of Demised Premises. Tenant hereby expressly acknowledges and agrees that it shall accept, and shall be deemed to have accepted, the Demised Premises AS IS, WHERE IS, and as suitable for the purposes for which the same are leased hereby and, upon request by Landlord, shall execute and deliver to Landlord a letter of acceptance in which Tenant (i) accepts the Demised Premises AS IS, WHERE IS and (ii) confirms that the Lease Commencement Date, the Base Rent Commencement Date and the Expiration Date remain as set forth in Section 1, or if revised pursuant to the terms hereof, setting forth such dates as so revised.
Construction of Demised Premises. Notwithstanding the provisions of Section 17(b) of this Lease, in the event that Landlord is unable to substantially complete the Demised Premises for occupancy by Tenant on or before June 1, 1999, as extended by Delay (as defined below), rent shall xxxxx two (2) days for every day that substantial completion has not occurred after June 1, 1999, but before July 1, 1999. In the event that Landlord is unable to substantially complete the Demised Premises for occupancy by Tenant on or before July 1, 1999, as extended by Delay Tenant may, at its option, terminate this Lease by written notice to landlord given on or before July 1, 1999, as extended by Delay (provided that substantial completion has not occurred prior to Landlord's receipt of said termination notice), in which event Landlord shall return the Tenant Construction Amount to Tenant and thereafter neither Landlord nor Tenant shall have any further obligations hereunder. For purposes of this Special Stipulation 8, "Delay" shall mean delays incurred by reason of Tenants failure to approve the Plans and Specifications as set forth in Section 17(a) of this Lease or changes requested by Tenant in the Plans and Specifications after Tenant's approval thereof, and for such additional time as is equal to the time lost by Landlord or Landlord's contractors or suppliers in connection with the performance of Landlord's work and/or the construction of the Demised Premises and related improvements due to strikes or other labor troubles, governmental restrictions and limitations, or other national emergency, non-availability of materials or supplies, delay in transportation, accidents, floods, fire, damage or other casualties, weather or other conditions, acts or omissions of Tenant, or delays by utility companies in bringing utility lines to the Demised Premises.
Construction of Demised Premises. (a) Notwithstanding the provisions of Section 17 of this Lease, Landlord shall be responsible for the cost of the construction of the Improvements (as defined in Section 8(a)(ii) of the Lease) only up to an amount equal to $200,000.00 (the "Tenant Allowance"). Upon substantial completion of the Improvements, Landlord shall deliver to Tenant a bill xxx all amounts in excess of the Tenant Allowance. Tenant agrees to pay such bill xx full to Landlord within ten (10) calendar days following receipt of such bill.
Construction of Demised Premises. Tenant shall construct the Tenant's Improvements in accordance with the specifications set forth. All Tenant Improvements shall be subject to the prior approval of the Landlord and Tenant shall be responsible for completing the Tenant Improvements with all due diligence using contractors, materialmen and mechanics who are approved by Landlord. Landlord will require Tenant's contractors to furnish a certificate of insurance which evidences a minimum of $500,000 in general liability insurance, naming Landlord and Agent as additional insured. Tenant agrees to furnish Landlord with a Certificate of Occupancy and building permit relating to the Tenant Improvements as soon as such documents can be obtained and in no event shall the Commencement Date of this Lease be delayed or deferred for any reason due to delays in completion of Tenant Improvements.
Construction of Demised Premises. (a) Notwithstanding the provisions of Section 17(b) of this Lease, in the event that Landlord is unable to substantially complete the Demised Premises for occupancy by Tenant on or before the date which is one hundred thirty five (135) days after the Lease Commencement Date, as extended by Delay as defined below, Tenant may, at its option and as its sole remedy, terminate this Lease by written notice to Landlord given within thirty (30) days following the expiration of such one hundred eighty (180) day period (provided that Substantial Completion has not occurred prior to Landlord's receipt of said termination notice), and thereafter neither Landlord nor Tenant shall have any further obligation hereunder.
Construction of Demised Premises. (a) Notwithstanding the provisions of Section 17 of this Lease, Landlord shall be responsible for the cost of the construction of the approximately 5,000 square foot office portion of the Phase I Improvements, including, without limitation, the breakrooms and restrooms (collectively, the “Office Improvements”), only up to an amount equal to $70.00 per square foot thereof (not to exceed $350,000.00 in the aggregate) (the "Tenant Allowance"). If the cost in the aggregate of the construction of the Office Improvements is less than the Tenant Allowance, the unused Tenant Allowance may be applied by Tenant toward the cost of any Change Orders in connection with the construction of the Landlord Improvements. If the entire Tenant Allowance is not utilized as of the Lease Commencement Date, up to $50,000.00 of any un-used portion shall be applied as a credit against Tenant’s first installment of Base Rent; any further surplus will be forfeited. Upon Substantial Completion of the Office Improvements, Landlord shall deliver to Tenant a xxxx (“
Construction of Demised Premises. The Demised Premises shall be accepted "as-is".
Construction of Demised Premises. Landlord shall construct the Demised Premises in substantial conformity with the Plans. After the execution of this Lease, Tenant may change the Plans, only if approved by the Landlord. Upon Tenant’s request, Landlord may agree, in its sole discretion, to allow minor deviations and changes in the Plans. However, if Landlord consents to Tenant’s requested changes, the Lease Commencement Date shall be extended by the number of days Landlord determines shall be reasonably necessary to accommodate those changes. Any changes in the Plans shall be subject to an increase in cost, which shall be the responsibility of and shall be born by Tenant. If, at any time after execution of this Lease, Landlord determines, in its sole discretion, that construction of the Demised Premises cannot be complete by Landlord prior to the Lease Commencement Date, Landlord may extend the Lease Commencement Date by giving Tenant written notice thereof. Except as expressly provided by this Lease, Landlord shall have no liability to Tenant for any loss or damage resulting from Landlord’s failure to construct or Landlord’s delays in construction of the Demised Premises.
Construction of Demised Premises. Landlord agrees to construct Tenant's space in accordance with the attached Exhibit B using building standard materials and finishes, at no cost to Tenant. Tenant may make changes or alterations to the attached floor plan prior to construction provided such changes or alterations do not substantially change the construction costs of the Demised Premises. Should such changes substantially increase the construction costs in the opinion of Landlord, such costs shall be borne by Tenant.
