Landlord’s Construction. Except as specifically set forth in this Lease or in the Tenant Work Letter: (i) Landlord has no obligation to alter, remodel, improve, renovate, repair or decorate the Premises, the Building, the Other Existing Buildings, the Project, or any part thereof; and (ii) no representations or warranties respecting the condition of the Premises, the Building, the Other Existing Buildings or the Project have been made by Landlord to Tenant. Tenant acknowledges that prior to and during the Lease Term, Landlord (and/or any common area association) will be completing construction and/or demolition work pertaining to various portions of the Building, the Other Existing Buildings, the Premises, and/or the Project, including without limitation, landscaping and tenant improvements for premises for other tenants and, at Landlord’s sole election, such other buildings, improvements, landscaping and other facilities within or as part of the Project as Landlord (and/or such common area association) shall from time to time desire (collectively, the “Construction”). In connection with such Construction, Landlord may, among other things, erect scaffolding or other necessary structures in the Building and/or the Other Existing Buildings, limit or eliminate access to portions of the Project, including portions of the common areas, or perform work in the Building, the Other Existing Buildings and/or the Project, which work may create noise, dust or leave debris in the Building, the Other Existing Buildings and/or the Project. Subject to Section 6.7 above, Tenant hereby agrees that such Construction and Landlord’s actions in connection with such Construction shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of Rent. Subject to Section 6.7 above and Landlord’s indemnity obligations in this Lease, Landlord shall have no responsibility or for any reason be liable to Tenant for any direct or indirect injury to or interference with Tenant’s business arising from such Construction, nor shall Tenant be entitled to any compensation or damages from Landlord for loss of the use of the whole or any part of the Premises or of Tenant’s personal property or improvements resulting from such Construction or Landlord’s actions in connection with such Construction, or for any inconvenience or annoyance occasioned by such Construction or Landlord’s actions in connection with such Construction.
Landlord’s Construction. Landlord agrees, subject to limitations of Paragraph 6 hereof, at Landlord's sole cost and expense and in conformance with Construction Documents to provide and install the Tenant Improvements substantially in accordance with Tenant's Plans as approved by Landlord and Tenant. EXTRA WORK Tenant may request substitutions, additional or extra work and/or materials over and above that required in Paragraph 6 hereof and/or under Tenant's Plans approved above (herein called "Extra Work") to be performed by Landlord, provided that the Extra Work, at Landlord's option, (i) shall not require the use of contractors or types of contractors other than those normally engaged by Landlord in the Building; (ii) shall not delay completion of Landlord's Construction or the Commencement Date; (iii) shall be practicable and consistent with existing physical conditions in the Building and with plans for the Building which have been filed with the applicable governmental authorities having jurisdiction thereover; (iv) shall not impair Landlord's ability to perform any of Landlord's obligations hereunder or under this Lease or any other Agreement with respect to space in the Building; and (v) shall not affect any portion of the Building other than the Premises. All Extra Work shall require the installation of new materials and shall be otherwise subject to Landlord's reasonable approval.
Landlord’s Construction. Landlord has constructed the following improvements:
(a) the exterior of the Mall Building and a minimum of 300,000 square feet of total Floor Space (as defined in Section 6.8 of this Lease) in the Mall Building, and
(b) parking facilities for the Shopping Center as described in Article VI hereof.
Landlord’s Construction. Landlord shall cause the Common Area restrooms on the fifth floor of the Building to be upgraded to current Building standard configuration, quality and finishes, generally consistent with such upgrades previously made to the Common Area restrooms on the second floor of the Building, in a good and workmanlike manner using Building-standard materials, methods and finishes (the “Initial Landlord Work”): Notwithstanding any contrary provision of this Agreement, the Initial Landlord Work shall be performed at Landlord’s expense and shall not be deemed Tenant Improvements, Tenant Improvement Work or an Allowance Item.
Landlord’s Construction. The Landlord's work has been completed and the Premises are accepted by the Tenant "as is".
Landlord’s Construction. Landlord shall, subject to the conditions set forth below, proceed with all due diligence to prepare the Premises at Landlord's sole cost and expense, substantially in accor- dance with the plans, outlines and specifications provided to Landlord by Tenant, copies of which are attached as EXHIBIT B to this Lease. All labor and materials required to prepare the Premises for Tenant's use other than those described on EXHIBIT B shall be furnished by Tenant at Tenant's sole cost and expense. All such preparation shall be accomplished in compliance with all applicable laws, ordinances, regulations and restrictions. Landlord shall be responsible to obtain any construction loan financing sufficient to make timely payments of all costs of construction of the Landlord's work in accordance with all of the cost estimates for such work, plus related costs such as professional fees, bond and insurance premiums, interest on and charges for borrowed money, service and escrow fees, real estate taxes and assessments and similar costs. Landlord shall be responsible to obtain all final administrative approvals necessary to, and as conditions precedent for the issuance of building permits by the appropriate jurisdiction or authority.
Landlord’s Construction. On or before September 1, 2022, all work required for the Premises in order for the Tenant to occupy and conduct business within the Premises will be provided and installed by the Landlord as further outlined in Schedule G section l Landlord’s Construction. The specifications below are subject to final drawings approved by the Tenant.
Landlord’s Construction. Landlord shall deliver to Tenant, and, except as specifically provided herein, Tenant agrees to accept from Landlord, possession of the Premises upon substantial completion of Landlord's Work as described in Exhibit "D." In addition to (and not in lieu of) Landlord's obligations under this Lease, Landlord hereby represents and warrants ("Landlord's Warranty") that the Tenant Improvements shall be free from defects in workmanship and materials for a period of twelve (12) months after the date that such Tenant Improvements are Substantially Complete. If Tenant notifies Landlord of any such defects within such twelve (12) month period, then Landlord, at its expense, will repair or cause to be repaired (unless caused or changed in condition by Tenant prior thereto), the defects as soon as practicable and shall use reasonable efforts to repair the defects with minimal disruption and interference to Tenant's use of the Premises. At any time after the expiration such twelve (12) month period, Landlord will promptly, upon written request of Tenant, assign to Tenant (to the extent assignable and without warranty or representation by Landlord) all rights which Landlord may have under the contract for the construction of the Tenant Improvements against the contractor respecting defects in workmanship and materials.
Landlord’s Construction. The Landlord will be responsible for all the work required by the Tenant or necessary to complete the Premises for occupancy and conduct its business, including the work described in the attached Schedule G-1 (“Landlord’s Construction”) and any additional work as required by the Tenant and agreed to by the Landlord to be included in Landlord’s Construction The Landlord’s Construction shall be to the Landlord’s account to a maximum of fifty five ($55.00) dollars per square foot of Rentable Area of the Premises (the “Construction Allowance”), based on the final space plan in Schedule A, inclusive of all materials, design fees, construction costs, drawings, including electrical, mechanical, structural and engineering, and permits with consultation with the Tenant. Any additional Landlord’s Construction required, or reasonable out of pocket costs incurred by the Landlord due to changes by the Tenant or in addition to the items outlined in Schedule G-1 shall be enumerated and agreed to by the Tenant and shall be amortized on a straight line basis and either added to the Basic Rent payable over the Term calculated at 9% interest rate up to a maximum of sixty five ($65.00) dollars per square foot of Rentable Area, or the Tenant shall pay any additional costs in excess of the Construction Allowance upon receipt of an invoice from the Landlord. For clarity, for each additional five ($5.00) dollars per square foot of Rentable Area in Construction Allowance over and above $55.00, the rental rates will increase by one dollar and seven cents ($1.07) per year for each of the 6 year Term. By way of an example, the following outlined the Basic Rent for a $65.00 Construction Allowance: March 1, 2023 to February 28, 2025: $ 21.14 March 1, 2025 to February 28, 2027: $ 22.14 March 1, 2027 to February 28, 2029: $ 24.14 If the costs of the Landlord’s Construction is less than then Construction Allowance, including any supplemented items and the Tenant’s requirements for data, cabling and IT, the Landlord shall apply same towards Basic Rent as it comes due under the Lease. It is agreed to between the Landlord and Tenant to be transparent on costs of construction of the Premises with consultation with the Tenant to meet expectations for design and final finishes.
Landlord’s Construction. Landlord shall perform Landlord's Construction in accordance with the plans set forth as EXHIBIT B of this Lease, at Landlord's cost and expense except as specified in such plans or on EXHIBIT B, including (i) building standard (a) carpeting, (b) finishes, (c) lighting, (d) ceiling, and (e) electrical work, including floor power feeds for free- standing workstations; (ii) builtin cabinets, sink and refrigerator in kitchen; (iii) wall covering in reception area and hallways, front office area and large conference room; (iv) built-in counter top and cabinets in copy room; (v) full height glass in five (5) executive offices; (vi) renovation of existing restrooms to current building standard; (vii) coat hooks on every office door; (viii) electrical roughing for a microwave; (ix) $5,000 allowance for reception desk; and (x) cold water connector to a coffee maker. (S) 1.01(i) 3. TENANT'S PROPORTIONATE SHARE: 8.71%, based upon an aggregate of 98,361 rentable square feet in the Building
