Construction of Tenant’s Improvements. The Tenant’s Improvements shall be constructed in the Premises as defined and provided in the Work Letter. Landlord will use reasonable efforts to achieve Substantial Completion (as defined in the Work Letter) of the Tenant’s Improvements by the Commencement Date provided in the Basic Lease Information. If Substantial Completion of the Tenant’s Improvements is not achieved by the Commencement Date stated in the Basic Lease Information for any reason other than Tenant Delays (as defined in the Work Letter), or force majeure (as defined in Section 15.13), Tenant’s sole and exclusive remedies shall be as follows: Tenant Name: Flex Leasing Power & Service LLC Building Name: Plaza Tower One
1.2.1.1 Tenant shall be entitled to an adjustment of the Commencement Date and the Expiration Date.
1.2.1.2 If Substantial Completion of the Tenant’s Improvements does not occur on or before September 1, 2018 (as such date may be extended on a day-for-day basis for any delay caused by Tenant Delays or force majeure), then Tenant shall be entitled to a Rent credit equal to one (1) day of Basic Annual Rent and Additional Rent for each day from and including September 1, 2018 until the date of Substantial Completion of the Tenant’s Improvements, which credit shall be applied against the next payments of Basic Annual Rent and Additional Rent due and owing by Tenant.
1.2.1.3 If Substantial Completion of the Tenant’s Improvements does not occur on or before January 1, 2019 (as such date may be extended on a day-for-day basis for any delay caused by Tenant Delays or force majeure), then Tenant shall have the right to terminate this Lease by the delivery of written notice to Landlord prior to the date of Substantial Completion of the Tenant’s Improvements, time being of the essence.
Construction of Tenant’s Improvements. If Landlord so requests in writing, Tenant will deliver to Landlord copies of any construction contracts, contractor safety programs, necessary permits and licenses and such other information relating to the construction as Landlord reasonably requests, and which are in Tenant’s possession or control. Tenant will also deliver to Landlord (a) reasonable evidence that Tenant or Tenant’s General Contractor has in force builder’s “all risk” insurance for Tenant’s Improvements for the insurable value thereof, and naming Landlord as a loss payee as its interest may appear; and (b) reasonable evidence that Tenant and each of Tenant’s contractors have in force liability insurance insuring against construction related risks in at least the form, amounts and coverages required of Tenant under Article 10 and naming Landlord and Property Manager as additional insureds (specifically including coverage for completed operations). Tenant will not commence construction before delivering the evidence of insurance set forth in the preceding sentence. Tenant will cause Tenant’s Improvements and any Tenant Work to be constructed and performed (i) during times and in a manner reasonably determined by Landlord to minimize interference with any other tenants’ use and enjoyment of the Property, and (ii) in compliance with Landlord’s reasonable rules and regulations applicable to third-party contractors, subcontractors and suppliers performing work at the Property.
Construction of Tenant’s Improvements. Landlord will construct “Tenant’s Improvements” in the Premises as defined and provided in the Work Letter. Landlord will use reasonable efforts to achieve Substantial Completion (as defined in the Work Letter and evidenced by receipt of a certificate of occupancy from the City of Addison) of Tenant’s Improvements by the Commencement Date. If Substantial Completion of Tenant’s Improvements is not achieved by the Commencement Date stated in the Basic Lease Information for any reason other than Tenant Delays or Landlord Delays (as defined in the Work Letter), Tenant’s sole remedy shall be an adjustment of the Commencement Date and the Expiration Date, or in the case of Landlord Delays as per the work letter.
Construction of Tenant’s Improvements. Upon approval of the Plans and Specs, Tenant shall apply for a building permit and, upon issuance thereof, shall commence and complete construction, at its own expense, of Tenant's improvements of the Building, substantially in accordance with the Plans and Specs. Said construction will be prosecuted with due diligence and Tenant will use due diligence and reasonable efforts to stock the Leased Premises and open for business by a date not later than the Lease Commencement Date.
Construction of Tenant’s Improvements. Tenant will hire a general contractor with demonstrated expertise and experience in the construction of tenant improvement projects similar to Tenant’s Improvements and otherwise reasonably acceptable to Landlord in all respects (“Tenant’s General Contractor”). Landlord hereby acknowledges that the entities listed on EXHIBIT “L” attached hereto satisfy the criteria described in the preceding sentence, and therefore approves such entities to serve as Tenant’s General Contractor (it being acknowledged, for clarity, that nothing herein shall be construed to mean that such entities listed on EXHIBIT “L” are the only contractors which satisfy the criteria in the preceding sentence). Tenant will cause Tenant’s General Contractor to construct Tenant’s Improvements substantially in accordance with the approved Construction Drawings and Specifications (as the same may be modified pursuant to the terms hereof). Tenant shall have the right, in its reasonable discretion, to select all other subcontractors, engineers, consultants and other persons and entities which will assist in the design, planning and performance of Tenant’s Improvements and Other Tenant Work, and Landlord shall have no approval rights with respect thereto (unless Tenant has failed to exercise its discretion reasonably).
Construction of Tenant’s Improvements. Unless otherwise agreed to in writing by Landlord and Tenant, all work involved in construction and equipping of the Tenant Improvements shall be carried out by the Landlord's Contractor (as defined below) under a construction contract or contracts on AIA Form A101 (1997 Edition), amended as necessary, or on other appropriate standard AIA forms, directly with the Landlord and under the sole direction of the Landlord. Landlord agrees that all services and work performed in the Premises, on behalf of, or for the account of Tenant by Landlord, including general construction of the Tenant Improvements by the Landlord's Contractor, shall be done in a first-class workxxx-xxxe manner using only good grades of material.
Construction of Tenant’s Improvements. Section 17.1 Landlord’s Improvements. Tenant will accept Landlord’s Improvements in the “AS IS, WHERE IS” condition existing as of the Delivery Date, subject only to Landlord’s obligations expressly set forth in this Section 17.1 or elsewhere in this Lease (and subject to any casualty or condemnation occurring prior thereto, which will be addressed by Articles 11 and 12, respectively). In the event that (a) Landlord’s Improvements have not been completed in substantial accordance with the applicable portions of the Outline Specifications and in accordance with all applicable Laws as of the Delivery Date, and (b) either (i) in the event of any such deficiencies (i.e., failure to meet the standard described in clause (a)) in those portions of Landlord’s Improvements which are within the Premises, Tenant delivers written notice thereof to Landlord within 60 days after the Delivery Date, or (ii) in the event of any such deficiencies in Landlord’s Improvements which are outside of the Premises, Tenant delivers written notice thereof to Landlord within 480 days after the Delivery Date, then Landlord will correct such deficiencies so that the applicable portion or portions of Landlord’s Improvements (i.e., the portions which do not meet the standard described in clause (a)) will function in a manner equivalent to that which would have been achieved but for the subject deficiencies, or such that the same comply with Laws as of the Delivery Date, as applicable. Further, in the event that (y) any of Landlord’s Improvements have not been completed in substantial accordance with the applicable portions of the Outline Specifications and in accordance with all applicable Laws, and (z) such deficiencies (i.e., failure to meet the standard described in clause (y)) would constitute latent defects under applicable Illinois law, then subject to the requirements of Illinois law as to latent defects, Landlord will correct such deficiencies so that the appli9able portion or portions of Landlord’s Improvements will function in a manner equivalent to that which would have been achieved but for the subject deficiencies, or such that the same comply with Laws as of the Delivery Date, as applicable. Landlord will perform any work required in order to correct deficiencies pursuant to this Section 17.1 at Landlord’s sole cost and in a commercially reasonable diligent, good and workmanlike manner, taking into account (if applicable) Tenant’s schedule for the construction of Tenant’s Im...
Construction of Tenant’s Improvements. Tenant will hire a general contractor with demonstrated expertise and experience in the construction of tenant improvement projects similar to the Tenant’s Improvements and approved in writing by Landlord (the “Contractor”), which approval shall not be unreasonably withheld, delayed or conditioned. Tenant will cause Contractor to construct the Tenant’s Improvements in accordance with the approved Construction Drawings and Specifications. All of the Tenant’s Improvements and Tenant Work (defined below) must be undertaken and performed in strict accordance with the provisions of the Lease and this Work Letter. All subcontractors and suppliers utilized by Contractor must also have demonstrated expertise and experience in the construction of tenant improvement projects similar to the Tenant’s Improvements and be otherwise reasonably acceptable to Landlord.
Construction of Tenant’s Improvements. Subject to all the terms and ------------------------------------- conditions contained in this Agreement, Tenant may construct certain interior improvements ("Tenant's Improvements") on the Premises in conformance with the Approved Plans described below. Landlord shall provide an allowance for building costs incurred by Tenant in completing Tenant's Improvements ("Tenant Improvement Allowance") in an amount not to exceed One Million Six Hundred Forty-Four Thousand Eight Hundred Dollars ($1,644,800). To the extent that the building costs for Tenant's Improvements exceed the Tenant improvement Allowance, Tenant shall pay such excess.
Construction of Tenant’s Improvements. The Tenant must undertake or ensure that the construction of the Tenant’s Improvements are undertaken:
(a) in accordance with the information provided in clause 11.1(b)(ii), the permits obtained in accordance with clause 11.1(b)(iii) and using the persons referred to in clause 11.1(b)(iv); and
(b) in a proper and workmanlike manner and to a proper and workmanlike standard and in compliance with all applicable industry standards (including any relevant and current standards published by Standards Australia).
