Initial Alterations Sample Clauses
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. 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) 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. Lessor shall make any initial alterations to the leased premises, as requested by Xxxxxx and subject to Xxxxxx’s consent, which shall not be unreasonably withheld. The cost of such initial alterations shall be included in the annual rental rate.
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. 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. 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 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, 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 $ . (IF LESSOR PAYING FOR ANY ALTERATIONS SPECIFY THOSE ALTERATIONS LESSOR IS PAYING FOR AT NO COST TO THE GOVERNMENT IN THE CONSTRUCTION SPECS)
Initial Alterations. Landlord and Tenant agree that the Premises shall be remodeled and renovated as a condition precedent to the commencement of the Term. Such initial alternations have not been determined as of the Effective Date. Landlord and Tenant agree to mutually select an architect to design and determine the budgeted costs of such remodeling and renovations. Tenant shall contract for and pay the costs and expenses of such architectural services subject to the reimbursement obligations of Landlord specified below. Such architect shall also allocate such budgeted costs between Landlord and Tenant generally on the following basis: Landlord shall be responsible for all physical plant renovations required to satisfy licensing, life and safety codes, certificate of occupancy and Medicare conditions of participation requirements for the Hospital, and for providing all fixtures, furniture and equipment necessary to operate the patient areas, common areas and administrative offices of the Hospital as described in a description thereof to be prepared by the architect ("Landlord Work"); and Tenant shall be responsible for all other necessary remodeling and renovations to the Premises as described in a description thereof to be prepared by the architect ("Tenant Work"). The parties shall work together in good faith to assist the architect in performing such work and in making the allocation of the budgeted costs of such work between Landlord and Tenant. Such allocation of costs must be mutually approved by Landlord and Tenant.
Initial Alterations. Tenant intends to make certain Alterations in the Premises following the Commencement Date (the "Initial Alterations"). The Initial Alterations shall be subject to Landlord's prior approval and shall be constructed in accordance with and subject to the terms of this Lease, including, but not limited to, Article 6 of this Lease.
Initial Alterations. Notwithstanding anything contained in the Master Lease to the contrary, Owner hereby approves the initial alterations that Tenant intends to make to the Premises (the “Initial Alterations”) as shown on the Plans and Specifications attached hereto as Exhibit “C” (the “Plans”) and Owner acknowledges and agrees that Tenant shall not be obligated to remove the Initial Alterations, and will not be charged for such Initial Alterations, at the end of the term of the Sublease, as the same may be extended hereunder. In addition, Owner will not unreasonably withhold, condition or delay its consent to any modifications to the Plans nor require removal of any Initial Alterations approved by Owner on such modified Plans.