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FIT OUT Sample Clauses

FIT OUT. On vacating the Demised Premises the Lessee shall remove such of its fittings as the Landlord may reasonably require.
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FIT OUT. 4.1 Unless the Parties agree otherwise, the Lessee shall take over the Subject of the Lease from the Lessor on the date and time set out by the Lessor (the “Handover Date”); on 26 January 2017 at the latest, provided the Lessee has already provided the Lessor with the Security (as defined in Section 11.1 below). If the Lessee fails to provide the Lessor with the Security in line with the previous sentence, the deadline for the Handover Date shall be automatically prolonged accordingly. The Lessor shall request the Lessee to take-over the Subject of the Lease by written notice delivered at least 5 days in advance. The Lessee has inspected the Subject of the Lease and accepts it in its “as-is” condition including the Lessor’s Works (as defined below) which will be procured for by the Lessor. If the Lessee fails to attend to hand over the Subject of the Lease and shall not take over the Subject of the Lease on the Handover Date, the Subject of the Lease shall be deemed to be duly handed over to the Lessee on the date following the Handover Date. 4.2 The Lessee intends to carry out certain modifications and works in the Office Premises 1, according to space plan and specification of works attached hereto as Exhibit 9 (the “Lessee’s Fit-Out Works”). The Lessee’s Fit-Out Works shall be carried out at the sole costs and responsibility of the Lessee, and the rules set forth in Clauses 14.8 through 14.11 shall apply accordingly 4.3 The Lessee shall indemnify the Lessor or its customers against damage, loss or other harm caused by the Lessee and/or any of its contractors during the implementation of or in connection with the Lessee’s Fit-Out Works and reimburse to these persons such damage, loss or other harm. 4.4 The Lessor undertakes that it will until Hand-Over Date carry out modifications and works, consisting of laying down of the carpet and painting the walls of the Office Premises 1 (the “Lessor’s Fit-Out Works”). 4.5 Provided the Lessee does not exercise the Expansion Option and stays in the leased Office Premises 1, the Lessor undertakes to provide the Lessee with contribution amounting to maximum EUR 120/1 sqm of the area of the Office Premises 1 + VAT as a contribution for further Internal or Construction Modifications in the Office Premises 1 (but excluding movable items) (the “Lessor’s Contribution 1”). For avoidance of doubts the Parties declare that if the real costs of the Internal or Construction Modifications in the Office Premises 1 per 1sqm of th...
FIT OUT. At the commencement of the Term to treat the walls and/or provide any partitioning supply and install light fittings and generally fit out the Demised Premises as previously approved by the Landlord's Agent PROVIDED always that the Tenant acknowledges that the Landlord has designed the Demised Premises to allow for the use of four (4) xxxxx per square foot for lighting purposes and twenty (20) xxxxx per square foot for ancillary electrical purposes and if the Tenant whether knowingly or not exceeds these standards the Landlord shall in no way be held responsible or accountable to the Tenant for any malfunctioning of the air conditioning installation within the Demised Premises that arises as a result of the Tenant exceeding the aforementioned standards.
FIT OUT. Any portion of the Building that PREA or any Tenants finish and improve ("Fit Out") shall be finished, improved or altered only in accordance with standards and requirements included in the Tenant Improvement Package dated 24 April 1996, as prepared by PREA's architect, Fullxx Xxxociates Inc. and approved by the Fund. [STAMP]
FIT OUT. 6.1 Party A shall permit Party B to make modifications in the non-bearing structure in the Leased Units. 6.2 As the leased property is customized by Party A for Party B, Party A shall permit Party B to hang its main corporate logo on the outer walls of the Leased Units and at the gate of the development zone and the plan for hanging such logo shall be determined through consultation by the Parties.
FIT OUT. Fit-outs shall be carried out by the Lessor based on the specifications, layout designs and other inputs provided by the Lessee. The details of the fit outs provided are detailed in Annexure [•]. The minimum capital expenditure on Fit-outs is Rs. 1500/- per sq. ft. based on the specifications shared by the Lessor. Any specific or additional requirements by the Lessee will be chargeable additionally. The Fit-outs amortization period is 7 years from the rent commencement date. Hence no Fit-out Rental will be payable after 7 years.
FIT OUTThe Agent must ensure that the Premises: (a) are fitted out as directed by the Bank; (b) are fitted out by persons approved by the Bank; and (c) are repaired, improved, altered and maintained as directed by the Bank, at the Agent's cost.
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FIT OUT 

Related to FIT OUT

  • Opt-Outs 66. Opt-Out Period a. Class Members will have up to and including approximately forty-five (45) days following the Notice Deadline to opt out of the settlement in accordance with this Section (the “Opt-Out Deadline”). If the settlement is finally approved by the Court, all Settlement Class Members who have not opted out by the Opt-Out Deadline will be bound by the Settlement and the Class Release, and the relief provided by the Settlement will be their sole and exclusive remedy for the claims alleged by the Settlement Class. 67. Opt-Out Process a. Any Class Member who wishes to be excluded from the Settlement Class must provide a request for exclusion to the Settlement Administrator, known as an “Opt-Out.” The Opt-Out must be postmarked, or submitted electronically via the Settlement Website, on or before the Opt-Out Deadline. b. In order to be valid, the Opt-Out must include: (a) the Class Member’s name, address, telephone number, and the telephone number(s) at which any Calls (including any texts) from Xxxxx Fargo were received; (b) the name and/or number of this case; and (c) a statement that the Class Member wishes to be excluded from the Settlement Class. An Opt-Out must be signed by the Class Member. An Opt-Out request that does not contain the required information, is not signed, or is not electronically submitted or postmarked by the Opt-Out Deadline, shall be invalid and the person serving such a request shall be considered a member of the Settlement Class and shall be bound by the Settlement, if approved. c. Within three (3) business days after the Opt-Out Deadline, the Settlement Administrator shall provide Counsel a written list reflecting all timely and valid Opt-Outs from the Settlement Class. d. A list reflecting all timely and valid Opt-Outs shall also be filed with the Court at the time of the motion for final approval of the settlement.

  • Total Project Cost With regard to any Real Property acquired prior to or during the development, construction or improvement stages, all hard and soft costs and expenses paid or incurred by or on behalf of the Corporation that are in any way related to the development, construction, improvement or stabilization (including tenant improvements) of such Real Property, including, but not limited to, any debt, whether borrowed or assumed, land and construction costs.

  • Opt Out An employee who is eligible for membership in the USLB may ‘opt out’ for any reason by notifying the USLB in writing of his/her desire to withdraw from the USLB. Employees who opt out of the USLB will remain eligible for membership and may request to be re-enrolled by making a written request to the USLB. Employees who have opted out and request to be re-enrolled must meet the eligibility requirements. Employees who opt out in the fiscal year the initial assessment is made will have that sick leave time returned to them.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided:

  • Gross Proceeds The aggregate purchase price of all Shares sold for the account of the Company through all Offerings, without deduction for Sales Commissions, volume discounts, any marketing support and due diligence expense reimbursement or Organization and Offering Expenses. For the purpose of computing Gross Proceeds, the purchase price of any Share for which reduced Sales Commissions are paid to the Dealer Manager or a Soliciting Dealer (where net proceeds to the Company are not reduced) shall be deemed to be the full amount of the offering price per Share pursuant to the Prospectus for such Offering without reduction.

  • Move-Out If, for any reason, the New Tenant moves out of the rental premises before the lease has concluded they realize that it is their responsibility to find a replacement tenant. The New Tenant is to take reasonable steps to find a replacement roommate who is acceptable to the present roommates. If one of the roommates moves out, the New Tenant understands that it the Landlord/Principal Tenant’s responsibility to take reasonable steps to find a replacement tenant. The New Tenant understands that it is in the best interests of all roommates to replace any departing tenants.

  • Net Sales Proceeds In the case of a transaction described in clause (A) of the definition of Sale, the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including all real estate commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (B) of such definition, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (C) of such definition, Net Sales Proceeds means the proceeds of any such transaction actually distributed to the Company from the Joint Venture less the amount of any selling expenses, including legal fees and expenses incurred by or on behalf of the Company (other than those paid by the Joint Venture). In the case of a transaction or series of transactions described in clause (D) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction (including the aggregate of all payments under a Mortgage or in satisfaction thereof other than regularly scheduled interest payments) less the amount of selling expenses incurred by or on behalf of the Company, including all commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (E) of such definition, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in the last sentence of the definition of Sale, Net Sales Proceeds means the proceeds of such transaction or series of transactions less all amounts generated thereby which are reinvested in one or more Assets within 180 days thereafter and less the amount of any real estate commissions, closing costs, and legal fees and expenses and other selling expenses incurred by or allocated to the Company in connection with such transaction or series of transactions. Net Sales Proceeds shall also include any consideration (including non-cash consideration such as stock, notes, or other property or securities) that the Company determines, in its discretion, to be economically equivalent to proceeds of a Sale, valued in the reasonable determination of the Company. Net Sales Proceeds shall not include any reserves established by the Company in its sole discretion.

  • Opting Out 6.1 The Opt-Out Deadline has Expired (1) The Opt-Out Deadline expired on October 24, 2018, pursuant to Orders of the Ontario, BC and Québec Courts.

  • Construction Contract; Cost Budget Prior to execution of a construction contract, Tenant shall submit a copy of the proposed contract with the Contractor for the construction of the Tenant Improvements, including the general conditions with Contractor (the “Contract”) to Landlord for its approval, which approval shall not be unreasonably withheld, conditioned or delayed. Following execution of the Contract and prior to commencement of construction, Tenant shall provide Landlord with a fully executed copy of the Contract for Landlord’s records. Prior to the commencement of the construction of the Tenant Improvements, and after Tenant has accepted all bids and proposals for the Tenant Improvements, Tenant shall provide Landlord with a detailed breakdown, by trade, for all of Tenant’s Agents, of the final estimated costs to be incurred or which have been incurred in connection with the design and construction of the Tenant Improvements to be performed by or at the direction of Tenant or the Contractor (the “Construction Budget”), which costs shall include, but not be limited to, the costs of the Architect’s and Engineers’ fees and the Landlord Coordination Fee. The amount, if any, by which the total costs set forth in the Construction Budget exceed the amount of the Tenant Improvement Allowance is referred to herein as the “Over Allowance Amount”. In the event that an Over-Allowance Amount exists, then prior to the commencement of construction of the Tenant Improvements, Tenant shall supply Landlord with cash in an amount equal to the Over-Allowance Amount. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any of the then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. In the event that, after the total costs set forth in the Construction Budget have been delivered by Tenant to Landlord, the costs relating to the design and construction of the Tenant Improvements shall change, any additional costs for such design and construction in excess of the total costs set forth in the Construction Budget shall be added to the Over-Allowance Amount and the total costs set forth in the Construction Budget, and such additional costs shall be paid by Tenant to Landlord immediately as an addition to the Over-Allowance Amount or at Landlord’s option, Tenant shall make payments for such additional costs out of its own funds, but Tenant shall continue to provide Landlord with the documents described in items (i), (ii), (iii) and (iv) of Section 2.2.2.1 of this Tenant Work Letter, above, for Landlord’s approval, prior to Tenant paying such costs. All Tenant Improvements paid for by the Over-Allowance Amount shall be deemed Landlord’s property under the terms of the Lease.

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