Cost of Improvements. “Cost of Improvement” shall mean, with respect to any item or component for which a cost must be determined in order to allocate such cost, or an increase in such cost, to Tenant pursuant to this Tenant Work Letter, the sum of the following (unless otherwise agreed in writing by Landlord and Tenant with respect to any specific item or component or any category of items or components): (i) all sums paid to contractors or subcontractors for labor and materials furnished in connection with construction of such item or component; (ii) all costs, expenses, payments, fees and charges (other than penalties) paid to or at the direction of any city, county or other governmental or quasi-governmental authority or agency which are required to be paid in order to obtain all necessary governmental permits, licenses, inspections and approvals relating to construction of such item or component; (iii) engineering and architectural fees for services rendered in connection with the design and construction of such item or component (including, but not limited to, the Architect for such item or component and an electrical engineer, mechanical engineer, structural engineer and civil engineer, if applicable); (iv) sales and use taxes; (v) testing and inspection costs; (vi) the cost of power, water and other utility facilities and the cost of collection and removal of debris required in connection with construction of such item or component; (vii) costs for builder’s risk insurance; and (viii) all other “hard” and “soft” costs incurred in the construction of such item or component in accordance with the Approved TI Plans (if applicable) and this Tenant Work Letter; provided that the Cost of Improvements shall not include any internal or third-party costs incurred by Landlord except as provided in Section 2(e).
Cost of Improvements. “Cost of Improvement” shall mean, with respect to any item or component for which a cost must be determined in order to allocate such cost, or an increase in such cost, to Tenant pursuant to this Tenant Work Letter, the sum of the following (unless otherwise agreed in writing by Landlord and Tenant with respect to any specific item or component or any category of items or components): (i) all sums paid to contractors or subcontractors for labor and materials furnished in connection with construction of such item or EXHIBIT B [Britannia Life Science Center] component; (ii) all costs, expenses, payments, fees and charges (other than penalties) paid to or at the direction of any city, county or other governmental or quasi-governmental authority or agency which are required to be paid in order to obtain all necessary governmental permits, licenses, inspections and approvals relating to construction of such item or component; (iii) engineering and architectural fees for services rendered in connection with the design and construction of such item or component (including, but not limited to, the Architect for such item or component and an electrical engineer, mechanical engineer, structural engineer and civil engineer, if applicable); (iv) sales and use taxes; (v) testing and inspection costs; (vi) the cost of power, water and other utility facilities and the cost of collection and removal of debris required in connection with construction of such item or component; (vii) costs for builder’s risk insurance; and (viii) all other “hard” and “soft” costs incurred in the construction of such item or component in accordance with the Approved TI Plans (if applicable) and this Tenant Work Letter; provided that the Cost of Improvements shall not include any internal or third-party costs incurred by Landlord except as provided in Section 2(e).
Cost of Improvements. “Cost of Improvement” shall mean, with respect to any item or component for which a cost must be determined in order to allocate such cost, or an increase in such cost, to Landlord and/or Tenant pursuant to this Workletter, the sum of the following (unless otherwise agreed in writing by Landlord and Tenant with respect to any specific item or component or any category of items or components): (i) all sums paid to contractors or subcontractors for labor and materials furnished in connection with construction of such item or component; (ii) all costs, expenses, payments, fees and charges (other than penalties) paid or incurred to or at the direction of any city, county or other governmental or quasi-governmental authority or agency which are required to be paid in order to obtain all necessary governmental permits, licenses, inspections and approvals relating to construction of such item or component; (iii) engineering and architectural fees for services rendered in connection with the design and construction of such item or component (including, but not limited to, the applicable Architect for such item or component and an electrical engineer, mechanical engineer and civil engineer); (iv) sales and use taxes; (v) testing and inspection costs; (vi) the cost of power, water and other utility facilities and the cost of collection and removal of debris required in connection with construction of such item or component; and (vii) all other “hard” costs incurred in the construction of such item or component in accordance with the Approved Plans and this Workletter. Cost of Improvement shall not include any project management fee relating to the construction of such item or component.
Cost of Improvements. The cost of construction of all improvements to the leased site areas shall be borne by the LESSEE.
Cost of Improvements. The estimated cost of the above required Sanitary Sewer Improvements is the sum of One Hundred Ninety Three Thousand Seven Hundred Fifty and 00/100 dollars ($193,750.00) as more particularly set out in Exhibit A.
Cost of Improvements. In the event of any Improvements of either the Pump, the Cassette or Accessories except New Accessories, pursuant to Article 5.10 hereabove, the price for the Product or Accessory including such Improvement will be increased by [CONFIDENTIAL TREATMENT REQUESTED] of DEBIOTECH's increased direct manufacturing costs attributable solely to the Improvement.
Cost of Improvements. The cost of the construction and installation of the Tenant Improvements shall be borne as follows:
Cost of Improvements. 10.1 The Parties intend for the Lessee to pay for the total cost of Improvements, which shall include, without limitation:
10.1.1 All costs attributable to the purchase and installation of the Improvements, including the actual cost incurred by Lessee for all labor and materials required for the purchase and installation of the Improvements;
10.1.2 All costs related to procuring permits, approvals, inspections, and/or environmental clearance;
10.1.3 Maintenance and operation of the Improvements;
10.1.4 Lessee’s costs for overhead, staffing, and/or all other indirect expenses incurred pursuant to this Agreement.
Cost of Improvements. “Cost of Improvement” shall mean, with respect to any Work or item or component thereof for which a cost must be determined for purposes of this Workletter, the sum of the following (unless otherwise agreed in writing by Landlord and Tenant with respect to any specific item or component or any category of items or components): (i) all sums paid to contractors or subcontractors for labor and materials furnished in connection with construction of such item or component; (ii) all costs, expenses, payments, fees and charges (other than penalties) paid or incurred to or at the direction of any city, county or other governmental or quasi-governmental authority or agency which are required to be paid in order to obtain all necessary governmental permits, licenses, inspections and approvals relating to construction of such item or component; (iii) engineering and architectural fees for services rendered in connection with the design and construction of such item or component (including, but not limited to, the applicable Architect for such item or component and an electrical engineer, mechanical engineer and civil engineer or other technical consultant); (iv) sales and use taxes; (v) testing and inspection costs; (vi) the cost of power, water and other utility facilities and the cost of collection and removal of debris required in connection with construction of such item or component; (vii) all other “hard” and “soft” costs incurred in the construction of such item or component in accordance with the applicable Approved Plans and this Workletter; and (viii) as to the Tenant Improvements, all costs and items specifically set forth or described on Schedule C-2 attached hereto.
Cost of Improvements. Landlord shall contribute up to Two Hundred Thousand Dollars ($200,000.00) (the "Tenant Allowance") toward the cost of (a) the design (including preparation of space plans and Construction Plans), construction and installation of the Tenant Improvements (the "Total Construction Cost"); (b) completion of the Telecommunications Work (as hereinafter defined); and (c) completion of the Security Work (as hereinafter defined). The balance, if any, of the cost of the Tenant Improvements ("Additional Cost") shall be paid by Tenant. For the purposes of this Work Letter, the term "Telecommunications Work" shall mean troubleshooting, repairing, expanding, replacing, or adding to the existing telecommunications infrastructure (including wiring costs). For the purposes of this Work Letter, the term "Security Work" shall mean the installation of security and/or Premises access equipment and software.
