Landlord Supervision. Landlord shall independently retain Contractor to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall supervise the construction by Contractor, and Tenant shall pay a construction supervision and management fee (the "Landlord Supervision Fee") to Landlord (or its agent) in an amount equal to the product of (i) four percent (4%) and (ii) the Over-Allowance Amount.
Landlord Supervision. After Landlord selects the Contractor, Landlord shall independently retain Contractor to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall supervise the construction by Contractor, and Tenant shall pay a construction supervision and management fee (the “Landlord Supervision Fee”) to Landlord in an amount equal to the product of (i) four percent (4%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).
Landlord Supervision. After Landlord selects the Contractor at competitive market rates and with Tenant's reasonable approval, Landlord shall independently retain the Contractor to construct the Tenant Improvements in accordance with the Approved Working Drawings and Landlord shall supervise the construction by the Contractor, and Tenant shall pay a construction supervision and management fee (the "Landlord Supervision Fee") to Landlord, as Landlord's sole compensation for its services and cooperation under this Work Letter, in an amount equal to the product of (i) two and one‑half percent (2.5%) and (ii) the amount of the Tenant Improvement Allowance and, if applicable, the Additional Allowance; such Landlord Supervision Fee shall be deducted by Landlord from the Tenant Improvement Allowance and, if applicable, the Additional Allowance.
Landlord Supervision. After Landlord selects the Contractor, Landlord shall independently retain Contractor to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall supervise the construction by Contractor, and Tenant shall pay a construction supervision and management fee (the “Landlord Supervision Fee”) to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Work Letter). Notwithstanding the foregoing, no Landlord Supervision Fee shall be charged by Landlord if and to the extent Legacy Partners CDS, Inc. is retained as Contractor hereunder.
Landlord Supervision. Tenant shall permit Landlord to supervise all Work. If Tenant requests that the Landlord’s employees or contractors perform the Work, Landlord may charge a supervisory fee not to exceed 4.5% of the total cost of the Work (which shall include labor, material, and all other hard and soft costs of such Work), or if Tenant elects to perform the Work Tenant will pay Landlord a construction management fee equal to 1.5% of the hard cost portion of the Work. This section shall not apply to construction of the Tenant Improvements by Tenant pursuant to Appendix C.
Landlord Supervision. Landlord shall independently retain -------------------- Contractor to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall supervise the construction by Contractor, and Tenant shall pay a construction supervision and management fee (the "Landlord Supervision Fee") to Landlord (or its agent) in an amount equal to the product of (i) five percent (5%) and (ii) the Construction Costs up to $250,000; plus the product of (a) four percent (4%) and (b) any Construction Costs from $250,001 to $500,000; plus the product of (1) three percent (3%) and (2) any Construction Costs above $500,000.
Landlord Supervision. Tenant shall reimburse Landlord upon demand for any reasonable out-of-pocket expenses incurred by Landlord in the review of any Alterations made by Tenant, including, but not limited to Tenant’s electrical equipment, and including, but not limited to, fees charged by Landlord’s contractors or consultants to review plans and specifications, and such obligation shall be an Additional Charge. With the exception of Deminimus Changes not requiring Landlord consent as provided in Section 8.1 above, Landlord shall be entitled to receive an administrative/supervision fee based upon the total cost of (i) all Alterations work performed; (ii) materials, plans and drawings furnished; and (iii) all other costs and expenses related to such Alterations (collectively, the “Alterations Costs”). Such fee shall be (A) ten percent (10%) of the Alterations Costs if such costs are not in excess of Fifty Thousand Dollars ($50,000.00), and (B) five percent (5%) if such costs exceed Fifty Thousand Dollars ($50,000.00). Landlord’s consent to any Alterations shall not obligate Landlord to repair, maintain, insure or otherwise assume any responsibility or liability with respect to any such Alteration. In addition, notwithstanding Landlord’s review, Tenant and not Landlord shall be responsible for compliance of the Alterations, and plans and specifications therefor, with all applicable Laws, and Landlord shall not be responsible for any omissions or errors therein. If any governmental entity requires, as a condition to any proposed Alterations, additions or improvements to the Premises or Common Areas, and if Landlord consents to such improvements to the Premises or Common Areas, then Tenant shall, at Tenant’s sole expense, make such required improvements to the Premises or Common Areas in such a manner, utilizing such materials, and with such contractors, (including, if required by Landlord, Landlord’s contractors) as Landlord may require in its commercially reasonable discretion.
Landlord Supervision. Tenant acknowledges that following the mutual execution and delivery of the Original Premises Construction Contract by Landlord and the Original Premises Contractor, Landlord shall supervise the construction by the Original Premises Contractor, and Landlord shall be entitled to a construction supervision and management fee (the “Original Premises Landlord Supervision Fee”) in an amount equal to $176,148.00 (i.e., $1.00 per rentable square foot of the original Premises), which amount shall be deducted from the Original Premises Tenant Improvement Allowance on a monthly basis in six (6) equal monthly installments commencing upon the construction of the Original Premises Tenant Improvements. Notwithstanding the foregoing, no Original Premises Landlord Supervision Fee shall be charged by Landlord if and to the extent Legacy Partners CDS, Inc. is retained as the Original Premises Contractor. The construction supervision and management services for the Original Premises Tenant Improvements shall include the services listed on Schedule 3 attached hereto.
Landlord Supervision. Tenant acknowledges that following the mutual execution and delivery of the Must-Take Space Construction Contract by Landlord and the Must-Take Space Contractor, Landlord shall supervise the construction by the Must-Take Space Contractor, and Landlord shall be entitled to a construction supervision and management fee (the “Must-Take Space Landlord Supervision Fee”) in an amount equal to $36,715.00 (i.e., $1.00 per rentable square foot of the Must-Take Space), which amount shall be deducted from the Must-Take Space Tenant Improvement Allowance on a monthly basis in two (2) equal monthly installments commencing upon the construction of the Must-Take Space Tenant Improvements. Notwithstanding the foregoing, no Must-Take Space Landlord Supervision Fee shall be charged by Landlord if and to the extent Legacy Partners CDS, Inc. is retained as the Must-Take Space Contractor. The construction supervision and management services for the Must-Take Space Tenant Improvements shall include the services listed on Schedule 3 attached to the Original Premises Work Letter.
Landlord Supervision. After Landlord selects the Contractor, Landlord shall independently retain Contractor to construct the Third Expansion Space Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall supervise the construction by Contractor, and Tenant shall pay a construction supervision and management fee (the “Landlord’s Supervision Fee”) to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Third Expansion Space Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).
