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’s 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 Tenant Work Letter).
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 (a) equal to the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement Allowance; and (b) equal to the product of (i) two percent (2%) and (ii) the amount of costs of the hard Tenant Improvements in excess of the Tenant Improvement Allowance, if any, including, without limitation, hard costs to be paid from the Over-Allowance Amount.
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 EXHIBIT B -4- (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. Except as provided in Appendix C, Tenant shall permit Landlord to supervise such Work. In such an event, Landlord may charge a supervisory fee not to exceed 1.5%. if Tenant’s contractor performs the work, or 3.5% of labor, material and all other hard costs of such Work if Landlord’s employees or contractors perform such Work.
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).
Landlord Supervision. Landlord shall have the right to have its consultant monitor the construction of the Tenant Improvements, including the right to (i) receive copies of all third party inspection reports, (ii) receive construction drawings and other plans on an interim basis prior to being finalized and (iii) be a third party beneficiary as to all completion guarantees from contractors or other third parties. Landlord shall receive no profit, overhead, general conditions or supervisory fee in connection with these rights or for any supervision of the construction of the Tenant Improvements.
Landlord Supervision. Landlord shall make all commercially reasonable efforts to monitor and supervise the construction of the Tenant’s Improvements in order to ensure that such Tenant’s Improvements are constructed in accordance with the Interior CDs within the Construction Price, and in accordance with the Construction Schedule. Without limiting the foregoing, Landlord or its designee shall conduct weekly meetings with the Landlord’s Contractor and other appropriate parties to verify that all work is being performed according to the Interior CDs, the approved Change Orders and the Construction Schedule. Landlord or its designee shall prepare meeting minutes after each such meeting and submit same to Tenant’s Representative, regarding the status of the construction, including any material variance with the Interior CDs and/or Construction Schedule. Landlord shall cooperate and coordinate with the Landlord’s Architect, Tenant’s Representative and the Landlord’s Contractor.
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. After Landlord selects the Contractor, 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
