Excess Allowance Sample Clauses

Excess Allowance. Notwithstanding anything herein to the contrary, if the total cost of the Work is less than the total amount of the First Amendment Allowance (the difference between the cost of the Work and the cost of the First Amendment Allowance being referred to herein as the “Excess Allowance”), then Landlord agrees that, upon Tenant’s written request and subject to the further terms of this Paragraph (h), Tenant shall have the right to have up to (but not to exceed) $17,919.00 (which is $3.00 per square foot of Rentable Area in the Expansion Premises) out of such Excess Allowance either (i) disbursed to Tenant as a reimbursement of the actual out-of-pocket expenses paid by Tenant to third parties in connection with Tenant’s move to the Expansion Premises, including space planning and design, built-in and movable furniture, and the installation of Tenant’s signage, security system and wiring and cabling in the Expansion Premises (the “Moving Reimbursement”), and/or (ii) credited towards the monthly installment(s) of Base Rent first becoming due for the Expansion Premises under this First Amendment (the “Rent Credit”), until such time as the total amount of the Excess Allowance available to Tenant for such reimbursement or credit has been exhausted; provided, however, in no event shall (x) the total amount advanced by Landlord to Tenant for the Moving Reimbursement and/or Rent Credit, exceed the lesser of the amount of the Excess Allowance or $17,919.00, and (y) the amount advanced by Landlord for the cost of the Work, the Moving Reimbursement and/or the Rent Credit exceed the amount of the First Amendment Allowance. In the event Tenant desires any such credit and/or reimbursement, Tenant shall notify Landlord of the amounts that Tenant wants credited and/or reimbursed (and, if reimbursed, Tenant shall include actual copies of paid invoices reflecting amounts Tenant desires to have reimbursed) on or before the Construction Termination Date, and, notwithstanding anything herein to the contrary, if Tenant fails to so notify Landlord in writing of such amounts Tenant desires to have credited and/or reimbursed within said period, Tenant shall not be entitled to any such credit and/or reimbursement and all such Excess Allowance shall belong to Landlord and Tenant shall have no rights thereto.
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Excess Allowance. If upon final completion of the Tenant Improvements there remains any balance of the Construction Allowance, Tenant may draw upon such balance (the “FF&E Allowance”) to pay for the cost (“FF&E Costs”) to acquire and install customary office furniture, fixtures and equipment to be first used in the Premises (“FF&E”). Not later than the first (1st) anniversary of the Commencement Date Tenant may submit one (1) request for reimbursement of all FF&E Costs, such to be accompanied by invoices reflecting such costs as have been paid by Tenant and evidence of payment. Landlord shall reimburse for the FF&E Costs up to the FF&E Allowance within thirty (30) days after receipt of Tenant’s request. Landlord shall have no obligations to reimburse Tenant for FF&E Costs not submitted to Landlord by the first (1st) anniversary of the Commencement Date. Any balance of the FF&E Allowance remaining on the first (1st) anniversary of the Commencement Date and not subject to a pending or disputed request for reimbursements is forfeited by Tenant and the sole property of Landlord.
Excess Allowance. Subject to the Allowance Deadline, to the extent that all or any portion of the Allowance remains unused after the Tenant Improvement Work is completed and paid for (the “Excess Allowance”), Tenant may use such Excess Allowance towards the cost of any other Alterations made in the Premises in accordance with the terms of the Lease by requesting reimbursement from Landlord in an amount not to exceed the Excess Allowance. Such reimbursement shall be made by Landlord upon 30 days written invoice to Landlord, which invoice shall be supported by Tenant’s paid receipts and/or invoices for such items and such other documentation reasonably requested by Landlord.
Excess Allowance. Notwithstanding anything herein to the contrary, if the total amount of Expansion Allowance exceeds the total cost of the Expansion Improvements (such excess amount being herein referred to as the “Excess Allowance”), then Landlord agrees that, upon Tenant’s written request, Tenant shall have the right to have up to (but not to exceed) Twenty-Nine Thousand Six Hundred Sixty-Five and No/100 Dollars ($29,665.00) of any such Excess Allowance: (i) disbursed to Tenant as a reimbursement of the out-of-pocket expenses paid by Tenant to third parties in connection with Tenant’s locating to the Expansion Space, furniture, fixtures, equipment, telephone system cabling and computer set-up, and/or (ii) credited towards the next Monthly Rental lnstallment(s) due under the Lease until such Excess Allowance available for such credit is exhausted.
Excess Allowance. If and to the extent that there remains any unexpended Allowance after completion of Landlord's Work on the Premises, any such Allowance shall be applied towards Tenant's Annual Base Rent first due and payable under this Lease until such excess has been exhausted.
Excess Allowance. Within fifteen (15) days of the Commencement Date, Landlord shall deliver a notice to Tenant specifying the anticipated amount, if any, by which the amount of Tenant Improvement Allowance spent by Landlord exceeds Twenty-Five Dollars ($25) per rentable square foot, if at all, for purposes of establishing the required amount of the Standby Letter of Credit, if any, and for purposes of increasing the Monthly Rent under Lease Section 1.10.
Excess Allowance. Notwithstanding any contrary provision of this Lease, if any portion of the Allowance remains after the Allowance Items have been fully paid for, Landlord, upon Tenant’s request, shall disburse such portion of the Allowance (the “Excess Allowance”) to Tenant, to be applied toward the reasonable costs of purchasing Tenant’s furniture, equipment and/or other personal property for the Premises (not to exceed $2.00 per rentable square foot of the Premises), within 30 days after receiving paid invoices from Tenant with respect to such costs. Notwithstanding the foregoing, if Tenant fails to use the entire Excess Allowance within one (1) year following the Commencement Date, the unused amount shall revert to Landlord and Tenant shall have no further rights with respect thereto.
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Excess Allowance. To the extent that the Tenant Improvement Allowance exceeds the Tenant Improvement Costs, Tenant shall have the right to use such excess to make further alterations or improvements to the interior of the Premises, provided that such improvements are completed on or before May 15, 2001, in accordance with the terms of the Lease.
Excess Allowance 

Related to Excess Allowance

  • Mileage Allowance The state agrees to seek continued funding to provide for the payment of a mileage allowance for the use of privately owned vehicles for official travel at the rate provided in section 112.061(7)(d)1., F.S.

  • Meal Allowance A shift worker who works a qualifying shift of eight hours or the rostered shift, whichever is the greater, and who is required to work more than one hour beyond the end of the shift (excluding any break for a meal) shall be paid a meal allowance of $7.95, or, at the option of the employer, be provided with a meal.

  • Retirement Allowance Prior to issuing notice of layoff pursuant to article 9.08(a)(ii) in any classification(s), the Hospital will offer early-retirement allowance to a sufficient number of employees eligible for early retirement under HOOPP within the classification(s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 9.08(a)(ii). An employee who elects an early retirement option shall receive, following completion of the last day of work, a retirement allowance of two weeks' salary for each year of service, plus a prorated amount for any additional partial year of service, to a maximum ceiling of 26 weeks' salary, and, in addition, full-time employees shall receive a single lump-sum payment equivalent to $1,000 for each year less than age 65 to a maximum of $5,000 upon retirement."

  • Annual Allowance The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

  • Tool Allowance (a) A tool allowance as set in the relevant Wage Tables in Appendix A per week shall be paid for all purposes to:- (i) Electrical workers at Grade EW 5 and beyond; (ii) Electrical workers performing the duties of: (A) Television Antenna Installer/Erector; (B) Television/Radio/Electronic Equipment Servicemen; and (iii) Apprentices - Contained within the relevant Apprentice Wage Rates.

  • Fast Food Allowance As of 1 October 2020 the Employer shall pay an allowance of $2.75 per hour on all fast food construction, and on refurbishments with a building permit value in excess of $470,000. These allowances will be adjusted annually in accordance with CPI (All Groups, Melbourne) movements measured in the twelve month period ending the previous December quarter effective as of 1 March 2021, rounded to the nearest 5 cents. On any Project where the applicable site allowance in Appendix C is higher, then that site allowance will apply.

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Site Allowance All new construction and extension/refurbishment work having a project value in excess of $2.0m will attract the then current City of Melbourne Site Allowance.

  • On Call Allowance (a) An employee who agrees to be on call, that is, the employee agrees to make themselves ready and available to return to work at short notice whilst off duty, shall be paid the allowance, for each period of 24 hours or part thereof, set out in Item 17 of Table 2 of Schedule B to this Agreement. (b) An employee who is directed to remain on call during a meal break shall be paid the meal break allowance set out in Item 18 of Table 2 of Schedule B to this Agreement, provided that no allowance shall be paid if, during a period of 24 hours, including such period of on call, the employee is entitled to receive the allowance prescribed in sub-clause 20.5(a). (c) Where an employee on call in accordance with sub-clause 20.5(a), leaves the residential aged care facility and is recalled to duty, she or he shall be reimbursed all reasonable fares and expenses actually incurred. Where in these circumstances the employee elects to use his or her own vehicle the employee shall be paid the per kilometre allowance set out in Item 5 of Table 2 of Schedule B to this Agreement. (d) This subclause shall not apply to a Director of Nursing, Deputy Director of Nursing or Assistant Director of Nursing.

  • Boot Allowance The District will pay $180 toward the purchase and/or repair of work boots for District Employees listed in the District’s Work Apparel Policy and/or at the discretion of the employee’s department manager. Payment will be made by the first full paycheck of the employee’s date of hire and annually thereafter. Boots must meet applicable OSHA standards for the duties assigned.

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