LANDLORD PAYMENT Sample Clauses

LANDLORD PAYMENT. If Tenant shall fail to promptly pay any Utility or communication charge for service, Landlord may, but shall not be obligated to, pay such charge and the sums so paid and any expenses incurred by Landlord in connection therewith shall be deemed to be an Additional Payment immediately due and payable by Tenant.
Sample 1
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LANDLORD PAYMENT. In the event Tenant orders any construction, alteration, decorating or repair work and fails to pay amounts when due to the contractor or contractors in connection with such items, Landlord, without any obligation to do so, may pay any such amounts directly to such contractor or contractors and the amounts paid by Landlord shall be deemed Rent under this Lease, payable upon billing therefor.
Sample 1
LANDLORD PAYMENT. Landlord shall make available to Tenant the Landlord Payment to be used by Tenant for the Tenant Performed Landlord Work including all engineering, design, labor and materials associated therewith. SCHEDULE 1-A LANDLORD WORK 1) Complete construction of new parking area as required to provide three spaces per one thousand rentable square feet in accordance with the design attached to the lease as Exhibit G, and make such other parking, curbing, aisle, landscaping and other changes required by the applicable governmental authorities as a condition to their final approval of the Site-Plan referred to in Paragraph 6 below. 2) Seal and re-stripe existing parking areas. 3) Re-caulk and repair cracks in existing brick facade. 4) Obtain condition report on roof (coordinate and consult with Tenant) and complete all corrective, remedial and/or replacement work. 5) Lower roof overflow scuppers. 6) Site-Plan - file and receive approval from applicable governmental authority. Landlord agrees that to the extent that performance of the Tenant Work and/or the Tenant Performed Landlord Work is actually delayed as a result of Landlord's failure to obtain final approval of the Site Plan on or before August 24, 2000, (e.g., if Tenant is delayed in securing its demolition and/or building permits) then such delay shall, to the extent it actually delays the completion of the Tenant Work and/or the Tenant Performed Landlord Work, constitute "Landlord Delay" under the Lease. 7) Landlord agrees that in the event that any remediation and/or other work is required pursuant to Section 40.7 of the Lease ("EXISTING REMEDIATION") and if the performance of the Tenant Work and/or Tenant Performed Landlord Work is required to be suspended or otherwise actually delayed during or pending completion of such Existing Remediation, then such event shall, to the extent it actually delays the completion of the Tenant Work and/or the Tenant Performed Landlord Work, constitute "Landlord Delay" under the Lease. LANDLORD WORK ALREADY PERFORMED 1) Removal of existing underground storage tanks. 2) Demolish and remove conveyor. 3) Drain, close and plug oil interceptor tank, trenches and piping in accordance with applicable laws. SCHEDULE 1-B TENANT PERFORMED LANDLORD WORK 1. Demolish and remove CO2 exhaust system, vehicle area equipment, interior concrete masonry walls between the garage bays and open warehouse area. 2. Install handicap parking signage at front of building. 3. Install additional lighting ...
Sample 1
LANDLORD PAYMENT. Landlord shall, upon the Commencement Date, pay Two Hundred Eighty-Two Thousand Seven Hundred Fifty-Five and No/100 Dollars ($282,755.00) to Tenant to offset Tenant's cost of installing Alterations to the Leased Premises.
Sample 1
LANDLORD PAYMENT. 10.1 The Landlord shall make a contribution to the Tenant of an amount equal to €35 per square foot (plus VAT if applicable) multiplied by the Nett Lettable Floor Area of the Premises in square feet, referred to as the “Landlord Contribution” for the purposes of this clause. The parties hereby acknowledge that the Landlord Contribution is made to assist the Tenant’s cost of fitting out the Premises. 10.2 The parties hereby agree that to effect partial payment of the Landlord Contribution the Landlord will, by way of set off, deduct any amounts due or to become due to the Tenant in respect of the Landlord Contribution in interim instalments as set out in Clause 10.3 (the “Interim Landlord Contribution Payments”) from any amounts due from the Tenant to the Landlord in respect of Fit-Out Works, as provided for in accordance with Clause 7.7, upon the issue of a valid VAT invoice in accordance with Clause 7.7. For the avoidance of doubt any amounts of the Landlord Contribution set-off against amounts due for Fit-Out Works shall be deducted from the gross invoice amount (inclusive of any VAT properly chargeable) for such Fit-Out Works and shall not reduce the taxable amount for VAT purposes of any such invoice issued in accordance with Clause 7.7. The Landlord shall clearly indicate on the face of any VAT invoice delivered to the Tenant for Fit-Out Works where any such set off has been applied and detail the remaining amount payable by the Tenant in respect of such VAT invoice.
Sample 1
LANDLORD PAYMENT. Landlord agrees that as an inducement for Tenant to enter into this Lease, Landlord shall pay to Tenant up to [***] ([***] per square foot with respect to the Office Space portion of the Premises, plus [***] per square foot with respect to the Additional Space, plus [***] with respect to the Storage Space portion of the Premises) (the “Landlord Payment”). Such Landlord Payment shall be paid to Tenant in accordance with the following terms: (a) From time to time during the performance of the Tenant Improvements (but not more often than once every thirty (30) days), Tenant may submit to Landlord copies of invoices (hereinafter referred to as “Approved Invoices”) from Tenant’s general contractor, architect, engineer, furniture provider, fixtures or equipment vendor, construction consulting, moving contractor, and telephone and cabling provider which invoices: (i) shall either (1) be accompanied by written evidence that Tenant has paid the same (which payment shall constitute Tenant’s written certification that the same are accurate and eligible for reimbursement in accordance with the terms of this Paragraph 1), or (2) be approved in writing by Tenant as being accurate and eligible for payment in accordance with the terms of this Paragraph 1; (ii) shall detail work already completed by the invoicing party as part of the approved Tenant Improvements or in connection with the initial installation of cabling, furniture, fixtures or other equipment in the Leased Premises in connection with Tenant’s initial occupancy thereof, or moving costs associated with Tenant’s initial occupancy of the Leased Premises; (iii) with respect to work that is a part of the Tenant Improvements, shall be accompanied by: (1) written partial lien waivers (in form and substance reasonably acceptable to Landlord) from the general contractor and all subcontractors and materialmen who have performed work or delivered materials in connection with the Tenant Improvements through the date the date of the Approved Invoices covering the Tenant Improvements completed through the date of the paid invoices, by which such parties waive any lien rights (or in the case of unpaid invoices waive such lien rights conditioned only upon payment of the invoice in question); and (2) a written certification from Tenant’s architect or Construction Manager that the work described in any such Approved Invoices from Tenant’s general contractor has been substantially completed in accordance with the final plans f...
Sample 1
LANDLORD PAYMENT. If Tenant shall default in any payment or expenditure other than Rent required to be paid or expended by Tenant under the terms hereof, Landlord may at its option, make such payment or expenditure, in which event the amount thereof shall be payable as Rent to Landlord by Tenant on the next ensuing Rent day together with interest at 15% per annum from the date of such payment or expenditure by Landlord and on default in such payment Landlord shall have the same remedies as on default in payment of Rent. Landlord and Tenant acknowledge that the charge set forth herein is a reasonable estimate of the expense and inconvenience which Landlord will be put to if payments are not made on time, and acknowledge that the actual damages which Landlord will or may suffer in such case are difficult or impossible to ascertain and measure.
Sample 1
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LANDLORD PAYMENT. Landlord shall have the right at any time to require Tenant's payment of Taxes in monthly installments in such amounts as are estimated and billed by Landlord at the beginning of each twelve (12) month period commencing and ending on dates designated by Landlord, each installment being due on the first day of each calendar month. If at any time during such twelve (12) month period, it shall appear that Landlord has underestimated Taxes, Landlord may reestimate and xxxx Tenant for any deficiency which may have accrued during such twelve (12) month period and thereafter the monthly installment payable by Tenant shall also be adjusted. On or before April 10th of each year, Landlord shall deliver to Tenant a copy of the statement of Taxes for such twelve (12) month period and the monthly installments paid or payable shall be adjusted between Landlord and Tenant, and each party hereby agrees that Tenant shall pay Landlord or Landlord shall credit Tenant's account (or, if such adjustment is at the end of the term, pay Tenant), within thirty (30) days of receipt of such statement, the amount of any excess or deficiency in Taxes paid by Tenant to Landlord during such twelve (12) month period. Failure of Landlord to provide the statement called for hereunder within the time prescribed shall not relieve Tenant from its obligations hereunder.
Sample 1

Related to LANDLORD PAYMENT

  • Landlord Liability Tenant, its successors, and assigns shall not assert nor seek to enforce any claim for breach of this Lease against any of Landlord’s assets other than Landlord’s interest in the Industrial Center. Tenant agrees to look solely to such interest for the satisfaction of any liability or claim against Landlord under this Lease. In no event whatsoever shall Landlord (which term shall include, without limitation, any general or limited partner, trustees, beneficiaries, officers, directors, or stockholders of Landlord) ever be personally liable for any such liability.

  • Landlord’s Fees Whenever Tenant requests Landlord to take any action not required of it hereunder or give any consent required or permitted under this Lease, Tenant will reimburse Landlord for Landlord’s reasonable, out-of-pocket costs payable to third parties and incurred by Landlord in reviewing the proposed action or consent, including reasonable attorneys’, engineers’ or architects’ fees, within thirty (30) days after Landlord’s delivery to Tenant of a statement of such costs. Tenant will be obligated to make such reimbursement without regard to whether Landlord consents to any such proposed action.

  • Landlord’s Expenses In the event Tenant shall assign this Lease or sublet the Premises or request the consent of Landlord to any Transfer, then Tenant shall pay Landlord's reasonable costs and expenses incurred in connection therewith, including, but not limited to, attorneys', architects', accountants', engineers' or other consultants' fees.

  • Basic Rent The periodic rent payable for the Aircraft throughout the Basic Term pursuant to Section 3.02 of the Lease, adjusted pursuant to Article 3 of the Lease. Basic Term. The period commencing at the beginning of the day on the Delivery Date and ending at the end of the day on July 15, 2023, or such earlier date on which the Lease shall be terminated as provided therein.

  • Landlord Indemnity Under no circumstance shall Tenant be liable for, and Landlord shall indemnify, defend, protect and hold harmless Tenant and Tenant’s Agents from and against, all losses, costs, claims, liabilities and damages (including attorneys’ and consultants’ fees) arising out of any Hazardous Materials that exist in, on or about the Project as of the date hereof, or Hazardous Material Released by Landlord or any Landlord Parties. Landlord will provide Tenant with any Hazardous Material reports relating to the Building that Landlord has in its immediate possession. The provision of such reports shall be for informational purposes only, and Landlord does not make any representation or warranty as to the correctness or completeness of any such reports.

  • Rent Abatement Except for the negligence or willful act of Tenant or its agents, employees, contractors or invitees, if all or any part of the Premises are rendered untenantable by fire or other casualty and this Lease is not terminated, Monthly Base Rent and Rent Adjustments shall xxxxx for that part of the Premises which is untenantable on a per diem basis from the date of the casualty until Landlord has Substantially Completed the repair and restoration work in the Premises which it is required to perform, provided, that as a result of such casualty, Tenant does not occupy the portion of the Premises which is untenantable during such period.

  • Rent Subtenant shall pay as base rent commencing on January 1, 2008 ("Rent Commencement"). Subtenant shall pay monthly base rent as follows: January 1, 2008 – November 30, 2008: $ [***] December 1, 2008 – October 31, 2009: $ [***] Notwithstanding the foregoing, Subtenant shall also be responsible for the cost of electricity provided to the Sublease Premises. In the event that the term of this Sublease shall begin or end on a date that is not the first day of a month, base rent shall be prorated as of such date. Concurrent with Subtenant's execution of this Sublease, Subtenant shall deliver to Sublandlord the first full month's base rent in the amount of $[***] and a security deposit in the amount of $[***] (the "Security Deposit"). If Subtenant defaults with respect to any covenant or condition of the Sublease, including but not limited to the payment of base rent or any other payment due under this Sublease or the Lease, Sublandlord may apply all or any part of the Security Deposit to the payment of any sum in default or any other sum that may be required or deemed necessary by Sublandlord to spend or incur by reason of Subtenant's default. In such event Subtenant shall, upon demand, deposit with Sublandlord the [***] Confidential portions of this document have been redacted and filed separately with the Commission. amount necessary to replenish the Security Deposit. If Subtenant shall have fully complied with all of the covenants and conditions of this Sublease, the Security Deposit shall be repaid to Subtenant within thirty (30) days after the expiration or sooner termination of this Sublease. Sublandlord shall not be required to keep the Security Deposit in a separate account, but may commingle the Security Deposit with other funds of Sublandlord. Subtenant shall not be entitled to receive any interest on the Security Deposit.

  • Base Rent Lessee shall pay Base Rent and other rent or charges, as the same may be adjusted from time to time, to Lessor in lawful money of the United States, without offset or deduction, on or before the day on which it is due under the terms of this Lease. Base Rent and all other rent and charges for any period during the term hereof which is for less than one full month shall be prorated based upon the actual number of days of the month involved. Payment of Base Rent and other charges shall be made to Lessor at its address stated herein or to such other persons or at such other addresses as Lessor may from time to time designate in writing to Lessee.

  • Sink Rental Serviced(Includes first day delivery/last day pickup and daily rental rate per unit) 1 $75 Daily Ea.

  • Additional Rent 3.3.1. In addition to the Monthly Base Rent and other sums to be paid by Tenant to Landlord, Tenant shall pay to Landlord as additional rent the amount by which Tenant's share of Operating Expenses (defined below) for any lease year or part thereof during the term exceeds Tenant's Expense Stop Base, as set forth in the Basic Lease Provisions. Tenant's share of Operating Expenses shall be an amount equal to the product of the Operating Expenses multiplied by Tenant's Operating Expense Percentage specified in the Basic Lease Provisions. For partial lease years during the term, the annual Operating Expenses and Tenant's Expense Stop Base shall be prorated on a daily basis using a 30-day month and 360-day year to determine the amount of additional rent due to Landlord. 3.3.2. Landlord shall be entitled to make an estimate of Operating Expenses projected for each lease year. Landlord shall be entitled to revise such estimate at any time and from time to time during the lease year to increase or decrease the estimate of Operating Expenses. If Landlord notifies Tenant that Landlord's estimate (or any revised estimate) of Operating Expenses would result in an obligation of Tenant to pay additional rent, then upon request by Landlord, Tenant shall pay one-twelfth (1/12) of such estimated additional rent on the first day of each month in advance together with the Monthly Base Rent. If Landlord shall so notify Tenant after the commencement of a lease year, then with the next payment of rent due, Tenant shall also pay to Landlord one-twelfth (1/12) of such estimated additional rent for each month of such lease year which has already elapsed. 3.3.3. Landlord shall provide Tenant with an annual statement showing Tenant's share of the annual Operating Expenses over Tenant's Expense Stop Base, if any, for the prior lease year, together with any proration. Landlord shall use all reasonable efforts to deliver the annual statement within one hundred twenty (120) days after the end of the lease year; provided, however, that failure of Landlord to deliver the annual statement within such period shall not impair or constitute a waiver of Tenant's obligations to pay additional rent or cause Landlord to incur any obligation for damages. If the amount of the additional rent due for the lease year exceeds any amount paid by Tenant as estimated additional rent for such lease year, then Tenant shall pay such excess to Landlord within ten (10) days of receipt of Landlord's statement. If the amounts paid as estimated additional rent for a lease year exceed the amount of Tenant's obligation shown on the annual statement, then Tenant shall be entitled to a credit against monthly installments of estimated additional rent due for the then current year. If no further sums of additional rent are or will become due against which the excess can be credited, then, subject to offset at Landlord's election against other sums owed by Tenant, Landlord shall pay such excess to Tenant within ten (10) days after delivery of the annual statement. All obligations to pay additional rent and/or the obligation of Landlord to credit or reimburse Tenant for any excess payment of estimated additional rent shall survive expiration of the term or earlier termination of this Lease. 3.3.4. Tenant shall have a period of thirty (30) days after delivery of the annual statement of Operating Expenses to question or challenge the amount shown thereon by giving written notice to Landlord specifying the items which are challenged. Tenant waives and relinquishes the right to challenge or object to the amounts shown at any time after expiration of such thirty (30) day period. If Tenant timely challenges any item shown on the annual statement, Tenant shall then have a period of sixty (60) days in which to inspect, during business hours upon reasonable written notice to Landlord at Landlord's office, Landlord's records relating to the challenged item or items. Tenant shall give written notice to Landlord prior to expiration of such sixty (60) days of whether Tenant continues to challenge any of the items originally objected to, in which case a certification as to proper amount shall be made by Landlord's independent certified public accountant, which certification shall be final and conclusive. The cost of such review shall be paid by Tenant, unless such review reveals an error resulting in an overcharge to Tenant of five percent (5%) or more, in which case the cost of such review shall be paid by Landlord. If Tenant fails to review the records or fails to give timely written notice to Landlord that it continues to object, then Tenant shall be deemed to have waived its objection and shall have no further right to challenge or object thereto. Notwithstanding any objection or challenge of Tenant, Tenant shall pay the amount claimed by Landlord to be due as and when provided for herein, pending the resolution of Tenant's objection.

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