FF&E Allowance Sample Clauses

FF&E Allowance. Upon Tenant’s acceptance of the Expansion Premises and delivery of the Acceptance Form, Landlord shall pay to Tenant an FF&E Allowance of One Hundred Thousand Dollars ($100,000), to reimburse Tenant for its reasonable costs associated with construction of and its occupancy in the Expansion Premises, which may include “soft” costs associated with making the Premises ready for Tenant’s occupancy, such as consultants, architects, design, engineering costs, IT cabling, furniture, and Exterior Building Signage (the “FF&E Allowance”).
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FF&E Allowance. Landlord hereby grants Tenant an allowance in an amount not to exceed Two Hundred Fifty Thousand Dollars ($250,000.00) (the “FF&E Allowance”), to be used by Landlord to pay the costs of furniture, fixtures and equipment for the Premises not included in Tenant Improvements and which are approved by Tenant. The FF&E Allowance may be used for the actual market purchase price of the furniture, fixtures and equipment as well as design, ordering, installation or coordination of the Tenant FF&E with the Premises or other soft costs directly related thereto (“Tenant FF&E”). Any costs of Tenant FF&E in excess of the FF&E Allowance (whether for hard or soft costs) shall be born solely by Tenant. Upon the request of Tenant, Landlord shall supply copies of all invoices and records related to the Tenant FF&E expenses. For the avoidance of doubt, Tenant FF&E shall not be considered part of the Tenant Improvements.
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FF&E Allowance. In addition to the Allowance and the Additional Allowance, Tenant shall be entitled to a one-time FF&E allowance in an amount up to, but not exceeding, Four Dollars ($4.00) per rentable square foot of the Premises (i.e., up to Two Hundred Fifty-Two Thousand One Hundred Ninety-Two Dollars ($252,192.00)) (the “FF&E Allowance”) for the costs relating to the purchase of Tenant’s furniture, fixtures and equipment within the Premises (“Tenant’s FF&E”). Tenant shall not be entitled to receive any cash payment or credit against Rent or otherwise for any portion of the FF&E Allowance which is not used to pay for the Tenant’s FF&E. Tenant shall deliver to Landlord: (i) a request for payment of the FF&E Allowance, in a form to be provided by Landlord, showing the items of Tenant’s FF&E purchased by Tenant and installed in the Premises; (ii) invoices for Tenant’s FF&E purchased by Tenant and installed in the Premises; (iii) executed mechanic’s lien releases from all of Tenant’s agents which shall comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil Code Section 8122 et seq.; and (iv) all other information reasonably requested by Landlord. Subject to receipt of such deliveries, Landlord shall deliver a check to Tenant made payable to Tenant in the amount so requested, but not exceeding the FF&E Allowance, within thirty (30) days of receipt of such materials. SECTION 4
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FF&E Allowance. Tenant, shall, at its option, be reimbursed by Landlord (within 30 days of receipt by Landlord of the documentation set forth herein) or entitled to a credit against its payments of rent due hereunder of up to $5.00 per rentable square foot (which based on 28,458 rentable square feet equals $142,290.00 ) to reimburse Tenant for expenses incurred by Tenant to purchase furniture, fixtures and equipment (“FF&E”) for the Premises; said credit or payment to be provided (a) to the extent that the Tenant Improvement Allowance exceeds the cost of the Tenant Improvements and (b) upon Tenant providing to Landlord reasonable written documentation showing the costs incurred by Tenant for such items and verification by Landlord that such FF&E is located within the Premises. THE SUBMISSION OF THIS LEASE FOR EXAMINATION AND/OR SIGNATURE BY TENANT IS NOT A COMMITMENT BY LANDLORD OR ITS AGENTS TO RESERVE THE PREMISES OR TO LEASE THE PREMISES TO TENANT OR ANY OTHER PERSON. THIS LEASE SHALL BECOME EFFECTIVE AND LEGALLY BINDING ONLY UPON FULL EXECUTION AND DELIVERY BY BOTH LANDLORD AND TENANT. UNTIL LANDLORD DELIVERS A FULLY EXECUTED COUNTERPART HEREOF TO TENANT, LANDLORD HAS THE RIGHT TO OFFER AND TO LEASE THE PREMISES TO ANY OTHER PERSON TO THE EXCLUSION OF TENANT. EXECUTED, by Landlord and Tenant as of the date first written above. TENANT: By: /s/ Xxxxxxx Xxxx Title: President and CEO By: /s/ Xxxxxx Xxxxxx Title: CFO LANDLORD: XXXXXXX/CARLSBAD, I, LLC, a California limited liability company By: Xxxxxxx Xxxxxxx EXHIBIT "A" PRELIMINARY SPACE PLAN EXHIBIT "B" RULES AND REGULATIONS The following Rules and Regulations shall apply to the Project. Tenant agrees to comply with the same and to require its agents, employees, contractors, customers and invitees to comply with the same. Landlord shall have the right from time to time to amend or supplement these Rules and Regulations, and Tenant agrees to comply, and to require its agents, employees, contractors, customers and invitees to comply, with such amended or supplemented Rules and Regulations, provided that (a) notice of such amended or supplemental Rules and Regulations is given to Tenant, and (b) such amended or supplemental Rules and Regulations apply uniformly to all tenants of the Project. If Tenant or its subtenants, employees, agents, or invitees violate any of these Rules and Regulations, resulting in any damage to the Project or increased costs of maintenance of the Project, or causing Landlord to incur expenses to e...
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FF&E Allowance. 5.1 FF&K Allowance. Landlord shall pay Tenant up to $237,185.00 ($5.00 per usable square foot of the Premises) (the “FF&E Allowance Component”) of the Improvement Allowance to compensate Tenant for Tenant’s actual out-of-pocket costs paid to third-parties and directly associated with Tenant’s re-equipping and re-furnishing of the Premises, including, but not limited to, (i) acquisition and installation of furniture, fixtures and equipment, and (ii) telephone and data cabling installation and hook-up (which Tenant shall have the right to directly contract for with a third party contractor approved by Landlord). Such payment shall be made by Landlord to Tenant within thirty (30) days after Tenant has moved into and taken occupancy of the Premises, provided that Tenant is not in default, after the expiration of all applicable cure periods, under this Lease, up to and including the date of the proposed payment, and provided Tenant has delivered to Landlord invoices from such third-parties covering items included in Tenant’s request for payment. Any such payment by Landlord hereunder shall be applied against and reduce the Improvement Allowance.
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FF&E Allowance. Landlord hereby grants Tenant an allowance in the amount set forth in Section 5 of the Summary (the “FF&E Allowance”) to reimburse Tenant for the costs of furniture, fixtures and equipment installed by Tenant in the Premises (collectively, the “Allowance Items”). Landlord shall disburse the FF&E Allowance to Tenant within forth-five (45) days after Tenant’s delivery of invoices marked paid or other evidence of costs expended by Tenant for Allowance Items. Any amount of the FF&E Allowance that remains unclaimed as of the later of December 31, 2014, or six (6) months after delivery of the Premises, shall revert to Landlord and Tenant shall have no further rights with respect thereto.
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Related to FF&E Allowance

  • Vehicle Allowance (a) Vehicle allowance for all kilometres travelled on the Employer’s business shall be paid to employees who are required to use their own vehicles in the performance of their duties.

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

  • Expense Allowance The Company shall reimburse the Executive for all reasonable and necessary expenses incurred by him from time to time in the performance of his duties hereunder, against receipts therefor in accordance with the then effective policies and requirements of the Company.

  • Moving Allowance (a) When an employee is displaced under the provisions of this Title because of lack of work at his/her headquarters, and the employee’s new headquarters is beyond commutable distance from his/her residence, Company shall reimburse the employee for the reasonable costs incurred in connection with moving his/her household in a sum not to exceed $2,400. (Amended 1-1-94)

  • Construction Allowance (a) Landlord shall provide to Tenant a construction allowance not to exceed $135.00 per rentable square foot in the Relocation Premises (the “Construction Allowance”) to be applied toward the Total Construction Costs, as adjusted for any changes to the Tenant Work. If the Total Construction Costs are estimated to exceed the Construction Allowance by more than $5.00 per rentable square foot of the Relocation Premises, then no advance of the Construction Allowance shall be made by Landlord until Tenant has first paid to the contractor from its own funds (and provided reasonable evidence thereof to Landlord) the anticipated amount by which the projected Total Construction Costs exceed the amount of the Construction Allowance. Thereafter, Landlord shall pay to Tenant (or at Tenant’s request directly to Tenant’s general contractor) the Construction Allowance in multiple disbursements (but not more than once in any calendar month) following the receipt by Landlord of the following items: (i) a request for payment and sworn statements of Tenant and contractor, (ii) final or partial lien waivers, as the case may be, from all persons performing work or supplying or fabricating materials for the Tenant Work, fully executed, acknowledged and in recordable form, which waivers may be conditioned upon receipt of payment, (iii) the Architect’s certification that the Tenant Work for which reimbursement has been requested has been finally completed, including (with respect to the last application for payment only) any punch-list items, on the appropriate AIA form or another form approved by Landlord, and, (iv) with respect to the disbursement of the last 10% of the Construction Allowance, (1) the permanent certificate of occupancy issued for the Relocation Premises, if required by applicable law, (2) the record drawing in CAD format, PDF format and hard copy required by Section 5 above, and (3) an estoppel certificate confirming such factual matters as Landlord or Landlord’s Mortgagee may reasonably request (collectively, a “Completed Application for Payment”). Landlord shall pay the amount requested in the applicable Completed Application for Payment to Tenant within 30 days following Tenant’s submission of the Completed Application for Payment. If, however, the Completed Application for Payment is incomplete or incorrect, Landlord shall promptly notify Tenant of the same and Landlord’s payment of such request shall be deferred until 30 days following Landlord’s receipt of the corrected Completed Application for Payment. Notwithstanding anything to the contrary contained in this Exhibit, Landlord shall not be obligated to make any disbursement of the Construction Allowance during the pendency of any of the following: (1) Landlord has received written notice of any unpaid claims relating to any portion of the Tenant Work or materials in connection therewith covered by previously funded applications for payment, (2) there is an unbonded lien outstanding against the Building or the Relocation Premises or Tenant’s interest therein by reason of work done, or claimed to have been done, or materials supplied or specifically fabricated, claimed to have been supplied or specifically fabricated, to or for Tenant or the Relocation Premises, (3) the conditions to the advance of the Construction Allowance are not satisfied, or (4) Tenant is in Default under the Lease.

  • Relocation Allowance An employee who is promoted and required by agency policy to relocate his residence shall be granted time off with pay for one workday for this purpose. In addition, the employee shall be granted travel time to the new location based on the most direct route. No employee will be credited with more than the number of hours in the employee’s regular workday and such time shall not be counted as hours worked for the purpose of computing compensatory time or overtime.

  • Auto Allowance Executive shall be entitled to an auto allowance for one vehicle for Executive’s use up to $1,000 per month.

  • TI Allowance Landlord shall provide to Tenant a tenant improvement allowance (collectively, the “TI Allowance”) as follows:

  • Automobile Allowance The Company shall provide the Executive with an automobile allowance in the amount of $1,000.00 per month to be allocated at the Executive’s discretion, or such other monthly amount designated by the Board, and that allowance shall be payable in regular installments in accordance with the Company’s general payroll practices.

  • Improvement Allowance Landlord shall provide Tenant with an allowance for the costs (the “Allowance Costs”) of preparing the Premises for Tenant's initial occupancy (including the costs of Landlord’s Initial Construction) in an amount not to exceed the “Improvement Allowance,” as such term is defined in Section 1.1 of this Lease. Allowance Costs may include (i) up to $513,250 for architectural, engineering and other so-called “soft costs” and (ii) not to exceed $150,000 for the costs to cause the demolition of the Premises prior to the performance of Landlord’s Initial Construction. If requested by Tenant for any particular item(s) of Landlord’s Initial Construction in excess of $100,000, Landlord shall solicit bids from its general contractor who will solicit at least three (3) bids for each such item and shall promptly supply Tenant with such detailed information about bid requests and negotiations with contractors as Tenant may reasonably request, provided that any delays resulting from Tenant’s failure to act within two (2) business days upon the information supplied to it by Landlord shall constitute a Tenant Delay. In the case of each bid request, Landlord will accept the lowest responsible bid, unless Landlord and Tenant reasonably determine otherwise. Any HVAC control work shall be performed by AHA Consulting Engineers. Landlord shall notify Tenant of the total fixed-price construction cost of Landlord’s Initial Construction shown on such Construction Documents (the “Base Price”), including xxxx-ups as determined hereunder. The Base Price shall hereafter be subject to adjustment for Change Orders (if any). Costs of Building services or facilities (such as electricity, HVAC, and cleaning) actually required to implement Landlord’s Initial EAST\66392481.7 B-7 Construction and other variable costs to the extent required to be paid by Tenant under the Lease (such as for review, inspection, and testing) shall thereafter be added to the Base Price (as adjusted for Change Orders). A pro-rata share of the cost of the multi-tenant corridor, if applicable, which shall be constructed by Landlord, shall be added to the Base Price. All costs referred to in this paragraph shall be subject to reimbursement from the Improvement Allowance. In the event that the total fixed price of Landlord’s Initial Construction (as determined hereunder), together with any related costs reasonably estimated by Landlord, exceeds the Improvement Allowance, Landlord may from time to time require Tenant to pay such excess to Landlord before performing Landlord’s Initial Construction. Tenant shall be permitted to increase the Improvement Allowance (such increase being a “TI Allowance Increase”) to pay amounts otherwise due to Landlord under Section 7 below, subject to each of the following conditions:

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