Demising Work. Any Demising Work required to be performed by Tenant: shall, in each instance, be completed as follows:
(a) Tenant shall prepare and submit to Landlord for Landlord’s approval a preliminary space plan (the “Preliminary Space Plan”) in connection with Tenant’s proposed separation of the Leased Premises from the Surrendered Premises. Landlord’s approval shall not be unreasonably withheld or delayed and shall be given or withheld, or Landlord shall advise Tenant whether Landlord requires additional information in order to evaluate Tenant’s request, within ten (10) days following Tenant’s delivery to Landlord of the Preliminary Space Plan. If Landlord objects to the Preliminary Space Plan (or any revision thereof), Tenant shall deliver a revised Preliminary Space Plan to Landlord and the procedure will be repeated, if necessary, until a final space plan is approved. Landlord’s approval of each revised Preliminary Space Plan shall be given or withheld within ten (10) days following Landlord’s receipt thereof from Tenant. The final approved space plan is hereinafter referred to as the “Final Space Plan”. Landlord and Tenant shall work with one another reasonably and in good faith to resolve any differences concerning the Preliminary Space Plan and the Final Space Plan (or the Preliminary Drawings or Final Drawings hereafter referenced in Section 5.7(b) immediately below), failing which any disagreements shall be resolved in accordance with Article XII hereof.
(b) From the Final Space Plan, Tenant shall prepare and submit to Landlord for Landlord’s approval (which approval shall not be unreasonably withheld or delayed, and which shall be given or withheld, or Landlord shall advise Tenant whether Landlord requires additional information in order to evaluate Tenant’s request, within ten (10) days) following Tenant’s delivery to Landlord of, one-eighth inch (1/8”) architectural, mechanical, electrical, lighting, plumbing and (if reasonably requested by Landlord) floor load working drawings together with specifications necessary to complete all of the proposed improvements shown on the Final Space Plan (collectively, the “Preliminary Drawings”). If Landlord objects to the Preliminary Drawings (or any revision thereof), Tenant shall deliver revised Preliminary Drawings to Landlord and the procedure will be repeated, if necessary, until final drawings are approved. The final approved drawings are hereinafter referred to as the “Final Drawings”.
(c) Tenant will cause th...
Demising Work. (a) For purposes of this Agreement, the following terms shall have the following meanings:
Demising Work. If Landlord exercises its recapture right pursuant to this Section 14.4, and the portion of the Premises recaptured by Landlord is not separately demised from the remainder of the Premises (i.e., the portions of the Premises located within the adjacent Building), Landlord, at Landlord’s sole cost and expense, shall construct or cause to be constructed a demising wall separating that portion of the Premises recaptured by Landlord from that portion of the Premises retained by Tenant; provided that, Tenant hereby agrees that, notwithstanding Tenant’s occupancy of its retained portion of the Premises during the construction of such demising wall by Landlord, Landlord shall be permitted to construct such demising wall during normal business hours, without any obligation to pay overtime or other premiums, and the construction of such demising wall by Landlord shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of Rent, and Landlord shall have no responsibility or for any reason be liable to Tenant for any direct or indirect injury to or interference with Tenant’s business arising from the construction of such demising wall, nor shall Tenant be entitled to any compensation or damages from Landlord for loss of the use of the whole or any part of its retained portion of the Premises or of Tenant’s personal property or improvements resulting from the construction of such demising wall, or for any inconvenience or annoyance occasioned by the construction of such demising wall.
Demising Work. Tenant hereby acknowledges and agrees that Landlord shall, at Landlord’s sole cost and expense, separately demise the Initial Termination Space from the remaining Premises (the “Initial Demising Work”), in which event (i) Landlord shall be permitted to complete the Initial Demising Work during normal business hours, without any obligation to pay overtime or other premiums, (ii) the completion of the Initial Demising Work shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of rent under the Lease, as hereby amended, or entitle Tenant to any other damages of any kind. Landlord shall use commercially reasonable efforts to match the Tenant’s existing finishes in the Premises. In addition, Landlord shall use commercially reasonable efforts to not interfere with Tenant’s use of the Premises. Other than such Initial Demising Work, Tenant hereby acknowledges and agrees that Landlord have no obligation to repair, remodel, alter or otherwise modify the Premises, and Tenant shall continue to accept the Premises in its currently existing, “as-is” condition.
Demising Work. Landlord and Tenant hereby acknowledge and agree that, as of the date hereof, the Premises comprises a portion of a larger undemised space (the "Adjacent Space"). Landlord, as part of the Tenant Improvements (defined in Section 2.1 below), shall cause the Premises to be separately demised from the Adjacent Space by the construction of a new, Building-standard demising wall (the "Demising Wall"), which Demising Wall shall be installed in the location approximately depicted on Schedule 1, attached hereto (the exact location of which shall be reasonably approved by Landlord and Tenant) (the "Demising Work"). Such Demising Work may include, without limitation, (i) the separation of all mechanical, electrical, plumbing ("MEP") and HVAC systems affected thereby and any necessary balancing of the HVAC in the Premises and the Adjacent Space, (ii) the closure of the ceilings on both sides of the Demising Wall, (iii) the performance of all work required to ensure that all HVAC, fire sprinklers and fire/life safety systems, lights and outlets on each side of the Demising Wall shall be fully operational and in compliance with applicable Requirements, (iv) the installation of studs, acoustical insulation and dry wall ready for finish on both sides of the Demising Wall and any necessary penetrations, fire dampers and sound traps, and (v) the painting and/or finishing of both sides of the Demising Wall. All costs incurred by Landlord in connection with the Demising Work shall be deducted from the Tenant Improvement Allowance (defined in Section 2.1, below).
Demising Work. The Premises Retained Space will be demised to be completely functional, separate and independent from the Returned Space, including without limitation, installation of a demising wall and separation or sub metering of utilities whereby Tenant’s use of the utility can be measured and verified. Landlord shall proceed with diligence, at Landlord's sole cost and expense, in performing the demising work required to effectuate Tenant’s approved space reduction proposal within acceptable and reasonable timeframes. All Landlord's Work shall be coordinated with Tenant's named representative to ensure that the Premises are at all times secure. Landlord and Tenant agree to coordinate architectural work to allow concurrent design of Tenant’s remaining space during the creation of Landlord’s demising plan. Landlord shall keep Tenant apprised of the schedule and progress of the demising work weekly and as dictated by changes in work that affect the Tenant. The work required to reduce the Premises shall commence immediately after Landlord approves, or is deemed to approve, a Tenant space reduction proposal. At all times, the demising work shall be performed in a good and workmanlike manner using techniques designed to minimize interference with Tenant’s use of the Premises and expedite completion of Tenant’s Retained Space.
Demising Work. In the event that Sublandlord, its successors, assigns or any other third party is to (i) make any alteration or perform any construction or cosmetic work to the remainder of the Floor; or (ii) occupy all or a portion of the remainder of the Floor pursuant to the Master Lease, a sublease or otherwise, Sublandlord, at its sole cost and expense, shall be obligated to physically separate the Subleased Premises from the remainder of the Floor in accordance with this Section 10 (collectively, the “Demising Work”), including applying for and obtaining all Approvals, complying with all Laws and, if necessary, obtaining the Master Landlord’s consent to and approval of the Demising Work.
Demising Work. In the event the Partial Termination Space is not the entire Expansion Space D, Tenant shall, at its sole cost and expense, complete prior to the Termination Date the Demising Work (as defined below) (i) in compliance with all conditions and provision of the Lease with respect to Alterations, (ii) in accordance with all Laws, and (iii) in good and workmanlike manner with the use of good grades of materials. The “Demising Work” shall mean all work as reasonably required by Landlord to demise the Partial Termination Space and the remaining portion of Expansion Space D, and to make the building into a two-tenant building (including, without limitation, (1) creating separate entrances/exits, (2) constructing demising walls and corridors, (3) providing security to and from the building lobby and stairwell, and (4) separating the HVAC, electrical facilities and any other Building systems). In addition to all rights and remedies provided under the Lease, in the event that Tenant does not complete the Demising Work prior to the Termination Date, Landlord shall have the right (but shall not be obligated) to complete the Demising Work, and in that event, Tenant shall reimburse Landlord for the cost of such work within thirty (30) days of written demand by Landlord.
Demising Work. In conjunction with the Work, Landlord shall build a Building standard demising wall and, as appropriate, separate electrical, fire/life safety, HVAC, and other systems serving the Expansion Premises and other space in the Building. The cost of such demising and related work shall be borne equally by Landlord and Tenant, provided that Tenant may use the Expansion Premises Construction Allowance to pay for Tenant's share of such demising and related work. Furthermore, Tenant (and not Landlord) shall be responsible for drywall and finish on the side of the wall located within the Premises, as well as any electric and other infrastructure that Tenant desires to install in the demising wall, provided that the Expansion Premises Construction Allowance may be used to pay for same. Landlord's portion of the demising costs is herein called “Landlord's Demising Costs.”
Demising Work. Landlord shall demise the Surrendered Premises from the Remaining Premises, at Landlord’s expense, in accordance with the provisions of Exhibit B.
