Common use of Landlord’s Contribution Clause in Contracts

Landlord’s Contribution. Provided that this Lease is in full force and effect ant there is no event of default in Tenant’s obligation to pay Fixed Rent or Additional Rent, and no other material event of default shall have occurred and is then continuing hereunder (or in such event upon the cure of any such default), Landlord shall contribute, as hereinafter provided, an amount (“Landlord’s Contribution”) equal to a maximum of Five Hundred Thirty-One Thousand, Two Hundred Dollars ($531,200) toward Tenant’s actual cost of Tenant’s alterations to be performed by or on behalf of Tenant in the Premises, and “soft costs” incurred in connection with Tenant’s alterations, including architectural and engineering fees and other soft costs incurred in connection with Tenant’s alterations. Soft Costs shall mean the cost of space planning, engineering and design costs, third party construction management fees, permitting, furniture, moving and other soft costs and data and voice equipment, cabling, wiring and related expenses and the cost of Tenant’s server room. Landlord shall not be obligated to commence payment of Landlord’s Contribution for the Premises until April 1, 2011.

Appears in 2 contracts

Samples: Lease (G Iii Apparel Group LTD /De/), Lease (G Iii Apparel Group LTD /De/)

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Landlord’s Contribution. Provided that this Lease is in full force and effect ant and there is no event of default in Tenant’s obligation to pay Fixed Rent or Additional Rent, and no other material event of default shall have occurred and is then continuing hereunder (or in such event event, upon the cure of any such default), Landlord shall contribute, as hereinafter provided, an amount (“Landlord’s Contribution”) equal to a maximum of Three Hundred Forty-Five Hundred Thirty-One Thousand, Two Seven Hundred and Fifty Dollars ($531,200345,750) toward Tenant’s actual cost of Tenant’s alterations to be performed by or on behalf of Tenant in the Premises, and “soft costs” incurred in connection with Tenant’s alterations, including architectural and engineering fees and other soft costs incurred in connection with Tenant’s alterations. Soft Costs shall mean the cost of space planning, engineering and design costs, third party construction management fees, permitting, furniture, moving and other soft costs and data and voice equipment, cabling, wiring and related expenses and the cost of Tenant’s server room. Landlord shall not be obligated to commence payment of Landlord’s the Work Contribution for the Premises until April February 1, 20112013.

Appears in 2 contracts

Samples: Of Lease (G Iii Apparel Group LTD /De/), Of Lease (G Iii Apparel Group LTD /De/)

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Landlord’s Contribution. Provided that this Lease is in full force and effect ant effect, and there is no event of default in Tenant’s obligation to pay Fixed Rent or Additional Rentadditional rent, and no other material event of default shall have occurred and is then continuing hereunder (or in such event event, upon the cure of any such default), Landlord shall contribute, as hereinafter provided, an amount (“Landlord’s Contribution”) equal to a maximum of Two Hundred Sixty-Five Hundred Thirty-One Thousand, Two Six Hundred Dollars ($531,200265,600) for the Premises toward Tenant’s actual cost of Tenant’s alterations to be performed by or on behalf of Tenant in the Premises, and “soft costs” incurred in connection with Tenant’s alterations, including architectural and engineering fees and other soft costs incurred in connection with Tenant’s alterations. Soft Costs shall mean the cost of space planning, engineering and design costs, third party construction management fees, permitting, furniture, moving and other soft costs and data and voice equipment, cabling, wiring and related expenses and the cost of Tenant’s server room. Landlord shall not be obligated to commence payment of Landlord’s Contribution for the Premises until April 1, 2011.

Appears in 2 contracts

Samples: Of Lease (G Iii Apparel Group LTD /De/), Of Lease (G Iii Apparel Group LTD /De/)

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