Common use of Excess TI Costs Clause in Contracts

Excess TI Costs. Landlord shall have no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. Notwithstanding anything to the contrary set forth in this Section 5(d), Tenant shall be fully and solely liable for TI Costs and the cost of Minor Variations in excess of the TI Allowance.

Appears in 5 contracts

Samples: Lease (Prothena Corp PLC), Lease Agreement (Elan Corp PLC), Lease (Prothena Corp PLC)

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Excess TI Costs. It is understood and agreed that Landlord shall have is under no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. The funds required to be paid by Tenant for Tenant's Work, together with the remaining TI Allowance, is herein referred to as the "TI Fund". Notwithstanding anything to the contrary set forth in this Section 5(d), Tenant shall be fully and solely liable for TI Costs and the cost of Minor Variations in excess of the TI Allowance.

Appears in 2 contracts

Samples: 34 Lease Agreement (Equinix Inc), Lease Agreement (Equinix Inc)

Excess TI Costs. Subject to Section 5(d) and Section 5(e), it is understood and agreed that Landlord shall have is under no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. Notwithstanding anything to the contrary set forth in this Section 5(d), Tenant shall be fully Allowance and solely liable for TI Costs and the cost of Minor Variations in excess of the TI Unused Capital Improvement Allowance.

Appears in 1 contract

Samples: To Lease (Supernus Pharmaceuticals Inc)

Excess TI Costs. Landlord shall have no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. Notwithstanding anything to the contrary set forth in this Section 5(d), Tenant shall be fully and solely liable for TI Costs and the cost of TI Minor Variations in excess of the TI Allowance. Notwithstanding the foregoing or anything to the contrary in this Lease, Landlord shall be responsible, at its sole cost and not as part of the TI Allowance, for any work required and costs incurred as part of the construction of the Tenant Improvements due to the presence of Hazardous Materials located on or about the Project prior to the date of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Onyx Pharmaceuticals Inc)

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Excess TI Costs. Landlord shall have no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. Notwithstanding anything to the contrary set forth in this Section 5(d), Tenant shall be fully and solely liable for TI Costs and the cost of Minor Variations in excess of as the same become due and payable to the TI AllowanceArchitect and contractors performing the Tenant Improvements, subject to reimbursement by Landlord for the TI Allowance as set forth in Section 5(e).

Appears in 1 contract

Samples: Lease Agreement (Arbutus Biopharma Corp)

Excess TI Costs. Landlord shall have no obligation to bear any portion of the cost of any of the Tenant Improvements except to the extent of the TI Allowance. Tenant shall be responsible for any and all TI Costs in excess of the TI Allowance (“Excess TI Costs”). The TI Allowance and Excess TI Costs are herein referred to as the “TI Fund.” Notwithstanding anything to the contrary set forth in this Section 5(d5(e), Tenant shall be fully and solely liable for TI Costs and the cost of Minor Variations in excess of the TI Allowance.

Appears in 1 contract

Samples: Lease (Neoleukin Therapeutics, Inc.)

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