Expansion Improvements. Except as specifically set forth herein, Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Expansion Premises, and Tenant shall accept the Expansion Premises in its presently existing, “as-is” condition. Tenant shall construct the improvements in the Expansion Premises pursuant to the terms of the Tenant Work Letter.
Expansion Improvements. Those alterations or improvements to the Expansion Premises and the Initial Premises as appear and are depicted in the Expansion Plans and Specifications.
Expansion Improvements. Except as specifically set forth herein, Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Expansion Premises, and Tenant shall accept the Expansion Premises in its presently existing, “as-is” condition. The improvements in the Expansion Premises shall be constructed pursuant to the terms of the First Amendment Work Letter. The terms and conditions of the First Amendment Work Letter shall not be applicable to the construction of the Existing Premises.
Expansion Improvements. Landlord shall deliver the Expansion Premises to Tenant, and the improvements in the Expansion Premises shall be constructed, in accordance with the terms of the “Work Letter” attached to the Office Lease as Exhibit C, as modified by the terms of this Section 6, as if the “Premises” referred to therein were the Expansion Premises. Except as specifically set forth in the Work Letter and this Fourth Amendment, Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Expansion Premises, and Tenant shall accept the Expansion Premises in its presently existing, “as-is” condition. For purposes of Section 1938 of the California Civil Code, Landlord hereby discloses to Tenant, and Tenant hereby acknowledges, that the Project, Building and Expansion Premises have not undergone inspection by a Certified Access Specialist (CASp). All of Tenant’s work in the Premises shall be subject to Landlord’s approval of the Construction Drawings in accordance with the terms of the Work Letter.
Expansion Improvements. Landlord, at its sole expense, agrees to construct the Expansion Improvements in accordance with the Approved Construction Drawings and the Permit; provided, however, Tenant shall be responsible for all costs of the Expansion Improvements that exceed fifteen dollars and no cents ($15.00) per rentable square foot of the Expansion Premises (which amount is $88,560.00) (the “Expansion Improvement Allowance”). Landlord’s construction of the Expansion Improvements shall be under the same terms and conditions as set forth in Sections 2 through 6, inclusive of Exhibit D (Work Letter) to the Original Lease. Tenant shall pay all costs that exceed the Expansion Improvement Allowance on demand as Additional Rent. Subject to Landlord’s receipt of the Permit, Landlord shall proceed with and complete the construction of the Expansion Improvements. After the Expansion Commencement Date, Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of the Expansion Premises and satisfactory completion of the Expansion Improvements, in the form of Exhibit C attached to this Fourth Amendment. The failure of Tenant to take possession of the Expansion Premises shall not serve to relieve Tenant of its obligations arising on the Expansion Commencement Date or delay the payment of rent by Tenant. Delay by Landlord in delivering possession of the Expansion Premises or completing the Expansion Improvements shall not make Landlord liable for any damages arising therefrom.
Expansion Improvements. Landlord shall provide Tenant with an allowance for improvements to the Subject Expansion Space (the “Expansion Allowance”) as provided in this subparagraph 2(d). The Expansion Allowance shall equal the amount of the Net Rentable Area of the Subject Expansion Space multiplied by $30.00, with the result thereof then being multiplied by a fraction, the numerator of which is the number of months remaining in the initial Term commencing with the month after the month in which Landlord receives the Expansion Option Exercise Notice, and the denominator of which is ninety (90). The Expansion Allowance may be used to refurbish and/or construct improvements in the Subject Expansion Space or in the balance of the Premises but not otherwise (the “Expansion Improvements”) and shall be charged against the entire Cost of the Expansion TI Work, such to be defined consistent with the definition of Cost of the TI Work in the Work Letter attached as Schedule 5 to the Lease. Landlord shall construct or cause to be constructed the Expansion Improvements in the Subject Expansion Space in substantial accordance with construction plans to be approved by Landlord and Tenant. As soon as practical after Tenant’s delivery of the Expansion Option Exercise Notice, Landlord and Tenant shall execute a Work Letter (“Expansion Space Work Letter”) in substantially the form of that attached to the Lease as Schedule 5 and, without limitation, detailing the Expansion Improvements and attaching plans therefor or providing a mechanism for the preparation and approval of such plans, it being understood, however, that such form shall be modified to reflect appropriate dates, the Expansion Allowance and such other changes as are necessary to reflect the agreement of the parties. Unless otherwise agreed in the Lease amendment referenced in Paragraph 7 below or the Expansion Space Work Letter, the “Expansion Space Commencement Date” shall be the earlier to occur of (i) the date upon which the Expansion Improvements are substantially complete (to be defined in the Expansion Space Work Letter to be consistent with the definition of substantial completion in the Work Letter), as such date may be adjusted due to Tenant Delays, (ii) the date that is 120-days after Tenant’s exercise of the Expansion Option, and (iii) the date that Tenant occupies the Subject Expansion Space for business purposes. Landlord shall not be liable for failure to deliver possession of any Subject Expansion Space by reason of the...
Expansion Improvements. (a) Subject to Landlord's receipt of all required governmental permits, licenses and approvals, Landlord agrees to furnish or perform or cause to be performed those items of construction and those improvements generally set forth below ("Expansion Improvements"), which Expansion Improvements shall be more particularly determined in the Plans and Specs: • Paint and carpet as shown on Plans and Specs • Three offices as shown on Plans and Specs • Two hallways between Premises and Expanded Premises as shown on Plans and Specs • The Expansion Improvements shall specifically exclude installation of telephone, computer, and security systems, and installation of any fire alarm system and/or fire extinguishers.
Expansion Improvements. Except as specifically set forth herein, Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Expansion Premises, and Tenant shall accept the Expansion Premises in its presently existing, "as-is" condition. Notwithstanding the foregoing, Landlord shall construct the improvements in the Expansion Premises pursuant to the terms of the Tenant Work Letter and shall deliver the Expansion Premises to Tenant in good condition and in compliance with applicable laws to the extent necessary to maintain or obtain a certificate of occupancy (or its legal equivalent) for the Expansion Premises. 808590.03/WLA 378535-00005/1-29-20/gjn/gjn - 3 - [Third Amendment] [Aimmune Therapeutics]
Expansion Improvements. Tenant shall accept the Expansion Premises in ---------------------- its presently existing, "as-is" condition. Except as specifically set forth herein, Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Expansion Premises.
Expansion Improvements. Commencing on February 1, 2005 (the “Expansion Date”), through and including June 30, 2010, Lessor shall lease to Lessee and Lessee shall lease from Lessor both the Original Premises and the Expansion Area for an aggregate square footage of 13,037, and which shall be collectively deemed the “Premises” for all purposes under the Lease. In the event Lessor for any reason is unable to deliver possession of the Expansion Area by February 1, 2005, Lessor shall not be deemed in default under the Lease and the Expansion Date shall be deemed the date that possession of the Expansion Area is delivered to Lessee. As a condition to the achievement of the Expansion Date, prior to the Expansion Date Lessee shall deliver to Lessor (i) copies of insurance certificates covering both the Original Premises and the Expansion Area in accordance with the requirements of Paragraph 16 of the Lease, provided that the insurance limits be increased to reflect not less than $1,000,000 for injury/death to any one person, $3,000,000 for injury/death to more than one person, and $1,000,000 for damage to property, and (ii) an additional security deposit covering the Expansion Area in the amount of $5,039.51 which shall be considered part of the Security Deposit for all purposes under the Lease. • Lessor shall provide for the construction of a new demising wall at the west side of the Expansion Area and separately metered utilities during the month of February. Lessor shall guaranty that the HVAC unit(s) in the Expansion Area will be in working order and condition for a period of one (1) year following delivery of the Expansion Area to Lessee, specifically excepting from the, scope of such guaranty any damage caused to the HVAC unit(s) resulting from acts or omissions of Lessee or Lessee’s agents, employees, representatives, contractors or invitees.
