DOWNTOWN BENEFITS Sample Clauses

DOWNTOWN BENEFITS. Landlord shall reasonably cooperate with Tenant, at no cost or expense or liability to Landlord, in connection with Tenant's applying for any property related benefits from the City of New York to which Tenant may be entitled as a result of Tenant's leasing the Premises. All such benefits acquired by Tenant shall be for the account of Tenant only.
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DOWNTOWN BENEFITS. Supplementing paragraph 39 (J) of the Lease, Landlord and Tenant acknowledge the following: (a) an application for abatement of real property taxes will be made for the Premises on behalf of Tenant; (b) the Rent including amounts payable by the Tenant for real property taxes will accurately reflect any abatement of real property taxes; (c) at least $10 per square foot in the Title 4 abatement zone, or at least $5 per square foot or $25 per square foot in the Title 4A abatement zone must be spent on improvements to the Premises and the common areas, the amount being dependent upon the length of the Lease and whether it is a new, renewal or expansion lease; (d) all abatements granted will be revoked if, during the benefit period, real estate taxes, water or sewer charges or other lienable charges are unpaid for more than one year, unless such delinquent amounts are paid as provided in the relevant law.
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DOWNTOWN BENEFITS. 61 EXHIBITS Exhibit 1 Floor Plan of Premises Exhibit 2 Intentionally Deleted Exhibit 3 Current Cleaning Specifications Exhibit 4 Form of Letter of Credit Schedule A Rules and Regulations Schedule B-1 Landlord's Core Work Schedule B-2 Tenant's Initial Alteration Schedule C Requirements for Certificates of Final Approval Schedule D Tenant Alteration Work and New Construction Conditions and Requirement AGREEMENT OF LEASE, made as of this 7th day of July 1999, between 100 XXXXXXX LLC, a Delaware limited liability company, having an office c/o Taconic Investment Partners, L.L.C., 0000 Xxxxxxxx, Xxxxx 0000 Xxx Xxxx, Xxx Xxxx 00000 ("Landlord") and NEXTVENUE, INC., a Delaware corporation, having an office at 2200 Xxxxxxxx Avenue, Fifth Floor, Fort Xxx, New Jersey 07024 ("Tenant").
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DOWNTOWN BENEFITS. Notwithstanding anything to the contrary contained herein, in the event Tenant has not qualified for benefits under any New York City downtown incentive program on or before thirty (30) days from the date hereof, Tenant may, by written notice (the "Benefits Notice" ) to Landlord no later than thirty-five (35) days from the date hereof (the "Contingency Expiration Date"), TIME BEING OF THE ESSENCE WITH RESPECT THERETO, terminate this Lease, whereupon all obligations and liabilities of both Landlord and Tenant shall be extinguished, except for those obligations and liabilities which expressly survive the termination of this Lease, provided, however, Tenant reimburses Landlord immediately for all costs and expenses incurred by Landlord in connection with the preparation and negotiation of this Lease, Landlord's Core Work and Tenant's Initial Alteration, including, without limitation, fees of attorneys, contractors and architects and costs and expenses associated with applications for building permits and design approvals (as evidenced by copies of invoices or receipts or other reasonably satisfactory documentation). Tenant acknowledges and agrees that Landlord may, without notice to Tenant, and without in any way limiting the amount which may be payable to Landlord hereunder, draw down the L/C to reimburse Landlord for any such amounts which may be payable to Landlord hereunder. In the event Landlord does not receive the Benefits Notice on or before the Contingency Expiration Date, then such right to terminate the Lease shall become null and void and of no further force and effect. Tenant shall use its best efforts to promptly and diligently pursue any such benefits.
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Related to DOWNTOWN BENEFITS

  • Relocation Benefits If the Executive moves his residence in order to pursue other business or employment opportunities during the Continuation Period and requests in writing that the Company provide relocation services, he will be reimbursed for any expenses incurred in that initial relocation (including taxes payable on the reimbursement) which are not reimbursed by another employer. Benefits under this provision will include assistance in selling the Executive's home and all other assistance and benefits which were customarily provided by the Company to transferred executives prior to the Change in Control.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Vacation; Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • Separation Benefits If this Agreement is terminated either by the Company without Cause in accordance with Section 6(c) (including the Company’s non-renewal of this Agreement) or by Employee resigning his employment for Good Reason in accordance with Section 6(d), the Company shall have no further obligation to Employee under this Agreement, except the Company shall provide the Accrued Obligations to Employee in accordance with Section 7(a) plus the following payments and benefits (collectively, the “Separation Benefits”) to Employee: (i) an amount equal to one times the sum of the Base Salary in effect immediately before the Termination Date plus the Annual Bonus received by Employee for the fiscal year preceding the Termination Date (or if Employee was employed for less than one full fiscal year prior to the Termination Date, the Annual Bonus for purposes of this Section 7 shall be the Annual Bonus payable during the current fiscal year at the target amount provided above) (together, the “Separation Pay”); and (ii) during the six-month period commencing on the Termination Date that Employee is eligible to elect and elects to continue coverage for himself and his eligible dependents under the Company’s group heath insurance plan pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), or similar state law, the Company shall reimburse Employee on a monthly basis for the difference between the amount Employee pays to effect and continue such coverage under COBRA and the employee contribution amount that active employees of the Company pay for the same or similar coverage; provided, however, that Employee shall notify the Company in writing within five days after he becomes eligible after the Termination Date for group health insurance coverage, if any, through subsequent employment or otherwise and the Company shall have no further reimbursement obligation after Employee becomes eligible for group health insurance coverage due to subsequent employment or otherwise. The Separation Pay shall be paid to Employee in a lump sum within 60 days of the Termination Date; provided, however, that no Separation Pay shall be paid to Employee unless the Company receives, on or within 55 days after the Termination Date, an executed and fully effective copy of the Release (as defined below). Any COBRA reimbursements due under this Section shall be made by the last day of the month following the month in which the applicable premiums were paid by Employee. For the avoidance of doubt, Employee shall not be entitled to the Separation Benefits if this Agreement is terminated (i) due to Employee’s death; (ii) by the Company due to Employee’s Inability to Perform; (iii) by the Company for Cause; (iv) by Employee without Good Reason; or (v) by non-renewal by Employee in accordance with Sections 4(b) and 6(f).

  • Medical Benefits The Company shall reimburse the Employee for the cost of the Employee's group health, vision and dental plan coverage in effect until the end of the Termination Period. The Employee may use this payment, as well as any other payment made under this Section 6, for such continuation coverage or for any other purpose. To the extent the Employee pays the cost of such coverage, and the cost of such coverage is not deductible as a medical expense by the Employee, the Company shall "gross-up" the amount of such reimbursement for all taxes payable by the Employee on the amount of such reimbursement and the amount of such gross-up.

  • Group Benefits The Executive will participate in the Company's Group Benefit Plan and any other group perquisites all as in effect from time to time.

  • Standard Benefits During the Employment Period, Executive shall be entitled to participate in all employee benefit plans and programs, including paid vacations, generally available to other similarly situated Company executives, subject to the terms and conditions of the applicable plans.

  • Plan Benefits (iii) Subject to your execution of the Release (as defined below), you will become vested in a pro rata portion of any of your unvested restricted stock awards that are outstanding on your Termination Date provided the applicable performance criteria, if any, are met. Such pro rata portion shall be equal to the percentage of the total vesting period, measured in days, in which you remained employed by Tyson multiplied by the number of shares subject to the award. Any award subject to this subsection (iii) shall not be paid until such time as it would otherwise have been paid if under the terms of the award it was subject to performance criteria and will only be paid if any applicable performance criteria are met;

  • Specific Benefits During the term of this Agreement (and thereafter to the extent this Agreement shall require):

  • Compensation Benefits In consideration of Executive's services hereunder, the Company shall provide Executive the following:

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