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. 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. Landlord and Tenant acknowledge and agree that the Landlord is investing at least Sixty-Five Thousand Dollars ($65,000.00) towards constructing improvements to the Premises and broker's commissions ("Landlord Costs").
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.
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. 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. If the reasonable cost of the Initial Alteration Work is increased by reason of any Landlord Condition (defined below) and not by reason of any Act of Tenant, then the Allowance shall be increased by an amount equal to such cost increase. As used herein, “Landlord Condition” means (a) the existence in the Premises on the Delivery Date of (i) asbestos-containing materials, or (ii) Hazardous Materials in amounts or conditions that violate applicable Laws, or (b) any failure, on the Delivery Date, of the configuration or condition of the Base Building or the Common Areas of the Building or the Project to comply with the ADA or any other applicable Law, other than any such failure resulting from any particular use of the Premises (as distinguished from general office/R&D use).
Landlord Costs. Notwithstanding any contrary provision of this Agreement, 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 negligence, willful misconduct or breach of this Agreement of or by Tenant or any of its employees, agents, contractors or representatives: (a) any breach by Landlord of any provision of this Agreement; (b) any change to the Plans not approved by Tenant; (c) any failure of Landlord to pay any amount owing to the Contractor (defined in Section 3.1 below) as and when required; (d) any breach by the Contractor of its obligations under the Construction Contract (defined in Section 3.2.3 below); (e) attorneys’ fees incurred in connection with negotiation of the Construction Contract; (f) interest or other costs of financing construction costs; (g) costs reasonably recoverable by Landlord under warranties or insurance; (h) costs of repairing damage resulting from a Casualty; (i) construction management or supervision fees charged by Landlord in excess of the Landlord Supervision Fee; (j) any failure of the existing condition or configuration of any Common Area or the Base Building to comply with Law (other than any such failure resulting from any use of the Premises for other than general office purposes), but only to the extent that Landlord has actual knowledge (without inquiry) of such failure as of the date of Landlord’s execution and delivery of this Agreement; or (k) any construction costs exceeding the Construction Pricing Proposal (defined in Section 2.6 below) approved by Tenant pursuant to Section 2.6 below, as such approved Construction Pricing Proposal may be changed from time to time to reflect any revision to the Approved Construction Drawings (defined in Section 2.5 below) requested or approved by Tenant pursuant to Section 2.7 below.
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.
