Landlord Costs. Tenant shall be responsible for any and all costs, if any, incurred by Landlord as a result of or in connection with Tenant’s installation, operation, modification, use and/or removal of the Outside Equipment in violation of laws or this Lease.
Landlord Costs. Notwithstanding any contrary provision of this Amendment, Tenant shall not be responsible for any Landlord Cost (defined below) and no Landlord Cost shall be an Allowance Item. As used herein, “Landlord Cost” means any portion of the cost of the Tenant Improvement Work that is reasonably attributable to the following and not to any Act of Tenant: (a) any amount paid to the Contractor (defined in Section 2.6.1 below) in excess of the Construction Pricing Proposal (defined in Section 2.6.1 below) approved by Tenant, except to the extent of any revision to the Approved Plans or the Tenant Improvements that is approved (or required under Section 2.8 below to be approved) by Tenant in writing; or (b) the presence in the Expansion Premises of (i) any hazardous material in an amount or condition that violates applicable Law, or (ii) any asbestos-containing material.
Landlord Costs. In the event thatTenant elects to exercise theTennination Option, Tenant shall pay to Landlord contemporaneously with Tenant's delivery to Landlord of the Termination Notice, the unamortized portion of "Landlord's Coses" which shall collectively consist of the Improvement Costs, Abated 13, e Rent (to the extent Tenant has been credited with any Abated Base Rent), and leasing commission!. that will be paid by Landlord toTenant's Broker and Landlord's Broker. The entire amount of L.1ndlord's Costs will be amortized by Landlord over the sixty (60) month period commencing upon the Commencement Date at the annual interest rate of live percent (5%), compounded monthly. There shall be added to Landlord's Costs the cost of any improvement allowance or other concessions, and any leasing commi ions. paid or incurred by Landlord in connection with any expansion of the Premises requested by Tenant (collectively, ''Expansion Coses"); the entire amount of the Expansion Costs shall be amortized over the remaining Tenn existing as of the effective date of such expansion at the annual interest rate of five percent (5%), compounded monthly. So long as theTermination Option is not exercised by Tenant (and, as addressed elsewhere in this Lease, so long no Default occurs during the initialTem1 of this Lease), the principal amount of the Landlord's Costs shall be reduced each month by the amount amortized for uch month, and no portion of Landlord's Costs shall be due fromTenant to Landlord. However, in the event that Tenant elects to exercise the Termination Option, then Tenant shall pay to Landlord contemporaneously with theTermination Notice, the outstanding principal balance ofthe Landlord's Costs, calculated as of the Tcm1ination Date. Tenant shall not be entitled to a refund of any portion of the Landlord·s Costs, regardless of whether Landlord leases all or any portion of the Premises to a third party, at any time after receipt of theTennination Notice. IfTenant ails to deliver lheTermination Notice to Landlord within the time permitted hereunder, or fails to deliver Landlord' Costs to Landlord within the time required hereunder, or if Tenant does not effectively exercise the Termination Option in accordance with the terms hereof, or if ail the terms and conditions set forth above for exerci c of the Termination Option are not entirely satisfied, then (a) this Lease shall continue beyond the Tem1ination Date, and Tenant shall continue to be bound by the terms of the Lease...
Landlord Costs. Landlord shall bear the cost, expenses and fees, and liabilities, penalties, forfeitures, damages, losses or expenses arising out of the death of or injury to any person or damage to any property whatsoever, to the extent caused by Landlord Contamination (defined as any contamination of the Property by Hazardous Materials which existed on or under the Land as of the Effective Date or were released on or under the Land during the Term where the existence of such contamination is directly caused by the act or omission of Landlord). Landlord shall, to the extent caused by Landlord Contamination, bear the costs of any required or necessary repair, clean-up or detoxification or decontamination of the Land, and the preparation and implementation of any closure, remedial action or other required plans in connection therewith.
Landlord Costs. Except to the extent resulting from the negligence or willful misconduct of any Landlord Party or Landlord’s violation of this Lease, Tenant shall be responsible for any and all costs, if any, incurred by Landlord as a result of or in connection with Tenant’s installation, operation, use and/or removal of the Generator. In the event that Landlord shall incur any such costs as a result of or in connection with the rights granted to Tenant herein, Tenant shall reimburse Landlord for the same within thirty (30) days following billing.
Landlord Costs. Tenant shall be responsible for any and all reasonable costs incurred by Landlord as a result of or in connection with Tenant's operation, modification, use and/or removal of the Equipment. Any reimbursements owing by Tenant to Landlord pursuant to this Section 5 shall be payable by Tenant within thirty (30) days of Tenant's receipt of an invoice therefor.
Landlord Costs. In the event Landlord incurs any costs or expenses, whether direct or indirect, due to Tenant’s failure to abide by any provisions contained in this Surrender of Possession section, Tenant shall reimburse Landlord plus a ten percent (10%) administrative and coordination fee. In addition, a fee of Fifty Dollars per each item will be charged for keys, gate cards and security cards not returned to Landlord. In the event Tenant shall vacate the Premises at any time during the last sixty (60) days of the Lease Term Landlord shall be entitled to commence alterations therein to render the Premises ready for the next Tenant without affecting Tenant’s obligations to pay Rent through the balance of the Lease Term.
Landlord Costs. Notwithstanding anything to the contrary herein, the Excess Cost shall not include, Landlord shall be solely responsible for, and the Improvement Allowance shall not be used for the following: (a) costs incurred to remove or encapsulate Hazardous Materials from the Premises, the Building and the Project; (b) costs to bring the Base Building into compliance with applicable laws and restrictions (except as otherwise set forth in Section 6.6 of the Lease), (c) attorneys’ fees incurred in connection with negotiation of construction contracts, and attorneys’ fees, experts’ fees and other costs in connection with disputes with third parties; (d) interest and other costs of financing construction costs; (e) penalties and late charges attributable to Landlord’s failure to pay construction costs; (f) wages, labor and overhead for overtime and premium time, except as requested by Tenant; (g) costs recoverable by Landlord on account of warranties or insurance, and (h) offsite management or other general overhead costs incurred by Landlord.
Landlord Costs. Payment of the following miscellaneous costs shall the sole responsibility of Landlord:
A. Any fines, penalty charges or interest incurred by Landlord due to violation of law or late payment;
B. Principal, interest or other expenses incurred in connection with obtaining or servicing loans; and
C. Income taxes, franchise and filing fees.
Landlord Costs. Landlord shall not be entitled to any coordination fee or similar charge as part of the Improvement costs. dated the 11th day of May, 2012 Between It is hereby agreed by Landlord and Tenant that the provisions of this Addendum are a part of the Lease. If there is a conflict between the terms and conditions of this Addendum and the terms and conditions of the Lease, the terms and conditions of this Addendum shall control. Capitalized terms in this Addendum shall have the same meaning as capitalized terms in the Lease.
