Initial Alterations. Subtenant may install improvements to the Sublease Premises it deems necessary to ready the Sublease Premises for Subtenant’s use at its own cost and expense (“Initial Alterations”), subject to the Allowance (defined below), and in accordance with the terms and limitations and the requirements relating to Alterations set forth in the Master Lease including all definitions and categories described in Article 8 and all Laws. Prior to the installation of the Initial Alterations, Subtenant shall submit all Plans and plans and specifications required under the Master Lease to Sublandlord for Sublandlord’s and Master Landlord’s review and approval. Sublandlord’s consent shall not be unreasonably withheld, conditioned or delayed, and shall not be withheld if (i) consent is granted by Master Landlord, (ii) Master Landlord has agreed in writing that neither Subtenant nor Sublandlord would be required to remove any of the improvements installed by Subtenant upon expiration of the Master Lease or the Sublease Term and (iii) such improvements do not impose additional obligations upon Sublandlord with respect to surrender of the Premises upon expiration of the Master Lease. Sublandlord will reimburse Subtenant in an amount up to forty dollars ($40.00) per rentable square foot of the Sublease Premises (the “Allowance”) for Initial Alterations approved by Master Landlord and Sublandlord. Sublandlord shall pay the Allowance to Subtenant during the course of installation of the Initial Alterations in periodic payments (but no more frequently than once every thirty (30) days) after all of the following conditions have been satisfied: (i) Sublandlord’s receipt of a certification from Subtenant and its architect that the work covered in the request has been satisfactorily completed in accordance with the approved plans; (ii) Sublandlord’s receipt of invoices for all costs and expenses related to the Initial Alterations, including such appropriate back-up documentation as Sublandlord may reasonably request; (iii) Sublandlord’s receipt of conditional lien releases from all parties performing work or providing materials to be paid for from such draw; (iv) with respect to the final disbursement only, Sublandlord’s receipt of full and final lien releases from all contractors, subcontractors and suppliers; and (v) with respect to the final disbursement only, Sublandlord’s receipt of a copy of the certificate of occupancy for the Sublease Premises or other evidence that all applicab...
Initial Alterations. It is agreed that the Lessor shall complete alterations in accordance with Exhibit “A”, Floor Plan, and Exhibit “E”, Construction and Security Specifications, attached hereto and made a part hereof. Said alterations shall commence after Government execution of this Lease and Government has issued a notice to proceed (NTP). It is agreed by and between the parties hereto that upon the Government accepting the Space, ownership of all alterations to the property, both real and personal that are placed upon or added to the Premises by reason of this provision, shall be and will immediately become the property of the Government and may be removed from the Premises or abandoned in place by the Government. The total cost of alterations is in the amount of $[Insert Amount]. (note: also state lump sum amount in words) (Delete the following paragraph if the Lessor is not contributing any funds towards alterations) The Lessor has agreed to pay all of / a portion of [Select as appropriate] the cost of alterations in the amount of $[Insert Amount]. (note: also state lump sum amount in words) (note: Include the following sentence where Lessor is paying for all of the cost of alterations.) The parties hereby agree that if the cost of alterations exceeds the total amount listed herein, the Lessor shall promptly pay [the Government or the third party owed] for such additional amounts to avoid any delay in the alterations being completed or the Government accepting the Space.
(Option 1: One-Time Reimbursement Payment)
Initial Alterations. As soon as reasonably practicable after the Commencement Date, Lessee shall complete the following alterations and improvements to the interior of the Building (collectively, the “Initial Alterations”): (i) the construction of a decontamination room (the “Decontamination Room”); (ii) modifications to the Java lobby, including the addition of a wall (the “Java Lobby Wall”) and the replacement of the carpeting with VCT; (iii) the construction of two rooms in the cubicle area on the Geneva side of the Building, as well as the installation of carpeting and dropped ceilings with sprinklers in such rooms; (iv) the addition of lighting to the warehouse portion of the Building; (v) items 1, 2 and 2a listed as “Ductwork Specialties” on Exhibit “B”; (vi) items 2, 7 and 8 of the items listed as “Subcontractors” on Exhibit “B”; (vii) items 1, 3 (provided that Lessee shall only be responsible for overtime to the extent related to any of the Initial Alterations described in the other subclauses of this Article 10d.), 4, 5 (provided that Lessee shall only be responsible for electrical upgrades to the extent related to any of the Initial Alterations described in the other subclauses of this Article l0d.) and 6 listed as “Exclusions” on Exhibit “B”; (viii) the removal of the three (3) H/C stalls at the rear parking area along Java Drive and the restriping of the same as regular parking; (ix) the addition of truncated domes to certain exterior doors; (x) the updating of the main entry H/C parking to replace the three (3) H/C parking stalls removed pursuant to clause (vii) above, including the removal of a portion of the concrete and the installation of a small ramp, together with related signage and graphics; and (xi) if legally required, the addition of a ramp and striping connecting the sidewalk owned by the City of Sunnyvale with the Premises. The Initial Alterations shall be deemed an Alteration and shall be subject to the terms and conditions applicable to Alterations set forth in Subarticles (a)-(c) of this Article 10, including without limitation, (1) Lessor’s prior written approval of the Initial Alterations within twenty (20) days after Lessee has provided Lessor with detailed plans and specifications describing the nature and scope thereof, such approval not to be unreasonably withheld or delayed (provided that if Lessor fails to respond to Lessee’s written request for approval within such twenty (20) day period, Lessor shall be deemed to have consented to the Ini...
Initial Alterations. Sublessee desires certain improvements and alterations (the “Initial Alterations”) to the Subleased Premises, which are outlined on Exhibit A.3 attached hereto and incorporated herein and which have been approved by Sublessee, Sublessor and Prime Lessor. These Initial Alterations shall be: (i) at the sole cost and expense of Sublessee; (ii) performed in full compliance with the applicable provisions of the Prime Lease and in full compliance with all applicable laws; and (ii) performed during regular business hours or after hours, as determined by Sublessor in its sole discretion. Further, Sublessee shall indemnify and hold Sublessor harmless from and against liability, loss, cost, damage, liens and expenses imposed on Sublessor arising out of the performance of Initial Alterations by Sublessee. In connection with Sublessor’s approval of any Initial Alterations, Sublessor shall advise Sublessee in writing if Sublessee is required to remove the Initial Alterations at the end of the Term, to restore the Subleased Premises to the condition existing prior to the making of the Initial Alterations, and to repair any damage occasioned by such removal or restoration, all at Sublessee’s sole cost and expense.
Initial Alterations. This Exhibit is attached to and made a part of the Lease by and between by and between MOTOR CITY DRIVE, LLC, a Maryland corporation (“Landlord”) and GENEX TECHNOLOGIES, INC. a corporation formed under the laws of the state of ____________ (“Tenant”). Capitalized terms not defined below shall be as defined in the Lease.
Initial Alterations. Lessor shall make any initial alterations to the leased premises, as requested by Lessee and subject to Lessor's consent, which shall not be unreasonably withheld. The cost of such initial alterations shall be included in the annual rental rate.
Initial Alterations. The parties acknowledge that Tenant intends to make certain alterations, additions and improvements (the “Initial Alterations”) to the Premises to make the same more suitable for Tenant’s occupancy during the Extension Term. The construction of the Initial Alterations shall be subject to Landlord’s approval in accordance with Paragraph 9 of the Lease and otherwise governed by Paragraph 9 of the Lease, except as expressly set forth in this Amendment, and except further that the Alteration Operations Fee set forth in Paragraph 9 of the Lease for the Initial Alterations shall be an amount equal to the sum of (i) three percent (3%) of the first $500,000.00 of Landlord’s Allowance disbursed hereunder, (ii) two percent (2%) of the next Five Hundred Thousand Dollars ($500,000.00) of Landlord’s Allowance disbursed hereunder, and (iii) one percent (1%) of the balance of Landlord’s Allowance disbursed hereunder. The general contractor, subcontractors and architect selected by Tenant for the Initial Alterations shall be subject to Landlord’s reasonable approval in accordance with Paragraph 9 of the Lease. Such approved general contractor is referred to hereinafter as “Contractor”. Notwithstanding the foregoing, Tenant acknowledges that it shall be required to use the Building’s approved MEP contractors for any MEP work that is included in the Initial Alterations. Landlord hereby approves Associated Space Designs, Inc. as Tenant’s architect for the Initial Alterations. Notwithstanding anything to the contrary in Paragraph 9.b. or 20 of the Lease, Tenant shall not be required to remove any of the Initial Alterations from the Premises upon the expiration or earlier termination of the Lease except those Initial Alterations which are Specialty Improvements (as defined below). If so requested by Tenant in writing at the time Tenant requests Landlord’s approval of the Initial Alterations, and provided that Tenant shall expressly reference this Paragraph 5 of this Amendment, Landlord shall advise Tenant in writing at the time of Landlord’s approval of the Initial Alterations as to whether any of the Initial Alterations are Specialty Improvements, and, if so, whether Landlord will waive its right to require that such Specialty Improvements be removed by Tenant from the Premises and the Premises be restored to their prior condition, ordinary wear and tear excepted. Landlord’s failure to expressly waive such requirement in writing shall preserve Landlord’s right to exercise the...
Initial Alterations a. It is agreed that the Lessor shall construct alterations in accordance with Exhibit “ ”, Floor Plan, and Exhibit “ ”, Construction Specifications attached hereto and made a part hereof, which construction shall commence immediately upon Government execution of this lease (effective date of this lease) and is to be substantially complete as determined by the Government by the delivery date.
b. It is agreed by and between the parties hereto, that upon acceptance by the Government of the space, ownership of all alterations to the property, both real and personal that are placed upon or added to the leased premises by reason of this provision at Government expense, shall be and will immediately become the property of the Government and may be removed from the leased premises or abandoned in place, by the Government as provided in General Clause 2 hereof.
c. The Government shall, in accordance with General Xxxxxx 22 hereof, reimburse the Lessor by lump sum payment the cost of any alterations completed at Government expense, in an amount not to exceed $ . DRAFT (IF XXXXXX CONTRIBUTING TOWARDS ANY ALTERATIONS SPECIFY THOSE ALTERATIONS AT NO COST TO THE GOVERNMENT RIGHT HERE AND IDENTIFY THE COST BEING CONTRIBUTED)
Initial Alterations. (a) Tenant shall deliver plans and specifications relating to construction of Tenant's initial leasehold improvements ("Initial Alterations") in the Premises in accordance with the terms, provisions and time periods set forth in Exhibit B.
(b) Landlord shall cause all of the Initial Alterations to be constructed in accordance with Exhibit B. All Initial Alterations as provided in Exhibit B shall be constructed at Landlord's sole cost and expense, except as otherwise specifically provided in Exhibit B for items which do not comply with the building standards for the Initial Alterations.
Initial Alterations. 16 8.02 Alterations.......................................................16 8.03
