Construction of Interior Improvements. Tenant shall have the right to construct the Interior Improvements in accordance with the following:
A. Tenant warrants that the Interior Improvements shall be constructed in a good and workmanlike manner substantially in accordance with the Approved Plans (as modified by any change orders approved by Landlord and Tenant pursuant to paragraph 3 hereof) and all Laws. All materials and equipment furnished shall be fully paid for and be free of liens, chattel mortgages, and security interests of any kind.
B. The Interior Improvements shall be constructed by Prime Contractor pursuant to a construction contract between Tenant and Prime Contractor. Landlord shall have the right to review such form of construction contract before it is executed. Once the construction contract between Prime Contractor and Tenant has been executed, Tenant shall not materially amend, modify or alter the responsibilities of Prime Contractor thereunder without Landlord's written consent, except for change orders approved pursuant to paragraph 3 hereof. In connection with the execution of such construction contract, Tenant shall use reasonable efforts to provide that all construction or equipment warranties or guarantees obtained by Tenant shall, to the extent obtainable, provide that such warranties and guaranties shall also run for the benefit of Landlord. Upon reasonable written advance request of Landlord, Tenant shall inform Landlord of all written construction and equipment warranties existing in favor of Tenant which affect the Interior Improvements. Tenant shall cooperate with Landlord in enforcing such warranties and in bringing any suit that may be necessary to enforce liability with regard to any defects.
C. Tenant shall use reasonable efforts to commence construction of the Interior Improvements as soon as reasonably practicable, and shall thereafter continuously prosecute such construction to completion.
D. Tenant shall properly obtain, comply with and keep in effect all permits, licenses and other governmental approvals which are required to be obtained from governmental bodies in order to construct the Interior Improvements. Upon reasonable written advance request, Tenant shall promptly deliver copies of all such permits, licenses and approvals to Landlord.
E. Tenant shall be solely responsible for all aspects of the construction of the Interior Improvements, including the development and design thereof as set forth in the Approved Plans, the supervision of the work of c...
Construction of Interior Improvements. Landlord shall, at its sole cost and expense, construct the Interior Improvements in accordance with the following:
Construction of Interior Improvements. Tenant shall construct certain improvements for Tenant's use in the Premises pursuant to the terms of the Interior Improvement Agreement executed concurrently with this Lease by Landlord and Tenant and attached hereto an Exhibit "C".
Construction of Interior Improvements. 3 2.4 Options to Extend Lease Term............................... 3 ARTICLE 3 RENT...................................................... 6 3.1
Construction of Interior Improvements. Except for Sublandlord’s obligation to install the Tenant Improvements in accordance with the Work Letter Agreement, Sublandlord is leasing the Premises to Subtenant “as is,” without any obligation to alter, remodel, improve, or decorate any part of the Premises or Project. Sublandlord shall cause the Tenant Improvements to be completed in accordance with the terms, conditions and limitations set forth in the Work Letter Agreement.
Construction of Interior Improvements. After the Interior Improvement Plans have been prepared and approved, the final pricing has been approved, a building permit for the Interior Improvements has been issued, the Contractor shall begin and thereafter diligently proceed with the construction and installation of the Interior Improvements in accordance with Interior Improvement Plans and consistent with local industry custom and procedure. Lessor shall supervise the completion of such work (at no cost to Lessee, it being agreed that Lessor shall provide construction management at no cost to Lessee) and shall secure substantial completion of the work in a timely manner. The cost of such work shall be paid as provided in Section 5 below. Lessor shall not be liable for any direct or indirect damages as a result of delays in construction beyond Lessor’s reasonable control arising as a result of acts of God or delays by Lessee or Lessee’s agents or employees. Lessor’s work shall be performed (a) in a good and workmanlike manner and free from defects, (b) substantially in accordance with the plans attached hereto, and (c) in compliance with all applicable laws, rules, regulations, permits and approvals. All materials and equipment installed as part of Lessor’s work shall be of first quality and at least equal to the applicable standards for the Building then established by Lessor, and no such materials or equipment shall be subject to any lien or other encumbrance. Lessee shall have the right to physically inspect Lessor’s work prior to accepting possession on the Commencement Date and Lessor shall cause the Contractor to promptly repair or complete any minor “punch-list” items that are not complete as of such date; it being understood that Lessee shall present all “punch-list” items in one (1) list.
Construction of Interior Improvements. From and after the Date of ------------------------------------- Execution, Tenant shall construct and install its interior improvements ("Interior improvements") in the Demised Premises. The Interior Improvements will be constructed in accordance with plans and specifications prepared by Tenant. Landlord shall have the right to approve the plans and specifications for the Interior Improvements, which approval shall not be unreasonably withheld or delayed. Landlord's consent shall be deemed given if Landlord does not respond to Tenant's request for such consent within ten (10) days after the date of Landlord's receipt of plans and specifications for the Interior Improvements together with Tenant's request for approval of such plans and specifications. If Landlord disapproves the plans and specifications, Landlord shall give Tenant written notice of such disapproval specifying the reasons and basis for its disapproval within ten (10) days after the date of Landlord's receipt of the plans and specifications. The parties shall thereafter confer and negotiate in good faith to reach agreement on the plans and specifications for the Interior Improvements. Tenant shall comply with Article X, Paragraphs 3 through 8, inclusive, in constructing the Interior Improvements. Tenant shall have no obligation to remove the Interior Improvements upon the expiration or earlier termination of the Lease.
Construction of Interior Improvements. Seller agrees, as soon as ------------------------------------- practical after completion or substantial completion of the Land Improvements and the Building Shell to the point where construction can commence, or earlier at the sole discretion of Seller, and after receipt of the building permit for the Interior Improvements, to cause the Project Contractor to construct the Interior Improvements in accordance with the approved Interior Improvement Plans. Seller shall cause the Project Contractor to exercise diligent efforts to substantially complete the Interior Improvements by October 1, 2000, subject to extension for Tenant Caused Delays and Force Majeure Delays. The costs and expenses incurred in connection with such construction of the Interior Improvements shall be paid from the Interior Improvement Fund.
Construction of Interior Improvements. Except for Sublandlord's -------------------------------------- obligation to install the Tenant Improvements in Building C in accordance with the Work Letter Agreement, Sublandlord is leasing the Premises to Subtenant "as is" and subject to the warranties set forth in Section 3.A(2) above, without any obligation to alter, remodel, improve, or decorate any part of the Premises or Project. Sublandlord shall cause the Tenant Improvements to be completed in accordance with the terms, conditions and limitations set forth in the Work Letter Agreement. The Tenant Improvement Allowance shall be in the amount stated in the Schedule, subject to all terms and conditions of the Work Letter Agreement.
7. Amendment To Section 22.B. Section 22.B shall be amended by amending the --------------------------- first sentence thereof to read as follows: Upon execution of this Sublease, Subtenant deposited with Sublandlord the cash sum of two times the last month's Base Rent for Building C (Two Hundred Eighty-Three Thousand Seven Hundred Seventy-Three and 10/100ths Dollars ($283,773.10)) and on or before the Commencement Date for Building F Subtenant shall deposit with Sublandlord the cash sum of two times the last month's Base Rent for Building F (Two Hundred Seventy-Four Thousand Eight Hundred Eighty-Nine and 10/100ths Dollars ($274,889.10)) as a security deposit ("Security Deposit"). And by amending the last sentence to read as follows: If Subtenant performs all of Subtenant's obligations hereunder, the portion of the Security Deposit delivered with respect to each Building or so much thereof as had not theretofore been applied by Sublandlord shall be returned without payment of interest for its use to Subtenant (or, at Sublandlord's option, to the last assignee, if any, of Subtenant's interest hereunder) within ten (10) days after expiration of the term with respect to such Building or ten (10) days after the date Subtenant has vacated the Building, whichever is later.
Construction of Interior Improvements. Lessor agrees to give to Lessee an allowance of $100,000.00 toward Lessee's Interior Improvements. Lessor shall install concrete floor slab and drywall on bottom of trusses. Lessee shall be responsible for any and all cost associated with completing the Premises including, but not limited to, architectural fees, construction cost, MSTU fees, and the like. Lessor shall complete the improvements under a separate contract with Fred X. Xxxxxxxx, Xxc. Lessee shall review and approve, in writing, all plans and cost associated with improvements. An estimate shall be provided by Lessor of cost. Contractor shall be entitled to a fee of 10% of all cost associated with improvements.
