Landlord’s Contributions. Landlord will provide a construction allowance not to exceed $17,869.00 (the “Construction Allowance”), toward the cost of constructing the Landlord Work. Payments shall be made directly to Landlord’s contractor performing the Landlord Work. The cost of (a) all space planning, design, consulting or review services and construction drawings, (b) extension of electrical wiring from Landlord’s designated location(s) to the Expansion Space, (c) purchasing and installing all building equipment for the Expansion Space (including any submeters and other above building standard electrical equipment approved by Landlord), (d) required metering, re-circuiting or re-wiring for metering, equipment rental, engineering design services, consulting services, studies, construction services, cost of billing and collections, (e) materials and labor, and (f) an asbestos survey of the Expansion Space if required by applicable Law, shall all be included in the cost of the Landlord Work and may be paid out of the Construction Allowance, to the extent sufficient funds are available for such purpose. Tenant acknowledges that an asbestos survey will probably be required by applicable Law and that the time required for such asbestos surveys should be incorporated in Tenant’s construction planning. The Construction Allowance made available to Tenant under this Work Letter must be utilized for its intended purpose within 180 days after the Effective Date or be forfeited with no further obligation on the part of Landlord. To the extent that any portion of the construction allowance is left after the completion of the Landlord work (the “Excess Allowance”), Tenant may use the Excess Allowance to make improvements to the Leased Premises defined in the Original Lease, First Amendment, or Second Amendment, provided, however, if the Excess Allowance is not used for such purposes by January 31, 2008, the Excess Allowance shall be deemed forfeited.
Landlord’s Contributions. Landlord will provide a construction allowance not to exceed Nine and 50/100 Dollars ($9.50) multiplied by the Rentable Square Footage of the Premises (the “Construction Allowance”), toward the cost of constructing the Landlord Work. Payments shall be made directly to Landlord’s contractor performing the Landlord Work. The Construction Allowance shall be applied towards the cost of (a) all space planning, design, consulting or review services, construction management fee, and construction drawings, (b) extension of electrical wiring from Landlord’s designated location(s) to the Premises, (c) purchasing and installing all building equipment for the Premises (including any submeters and other above building standard electrical equipment approved by Landlord), (d) required metering, re-circuiting or re-wiring for metering, equipment rental, engineering design services, consulting services, studies, construction services, cost of billing and collections, and (e) materials and labor. If the entire Construction Allowance is not exhausted in constructing the Landlord Work, then up to Five Thousand Seven Hundred Ninety and No/100 Dollars ($5,790.00) of such unused and remaining portion (the "Excess Allowance") may be used by Tenant as a credit against successive installments of Base Rent coming due and payable under the Lease until exhausted, provided that Tenant designates the amount of such Excess Allowance, if any, to be applied as a credit against Base Rent within sixty (60) days after the Commencement Date by written notice to Landlord. Notwithstanding anything in this Work Letter or the Lease to the contrary, if Tenant does not designate the amount of such Excess Allowance, if any, to be applied as a credit against Base Rent within sixty (60) days after the Commencement Date, Tenant shall have no further right to apply the Excess Allowance, if any, as a credit against Base Rent. The Construction Allowance, including the Excess Allowance (but excluding the amount designated by Tenant to be applied as a credit against Base Rent in accordance with the foregoing) made available to Tenant under this Work Letter must be utilized for its intended purpose within one hundred-eighty (180) days of the Effective Date or be forfeited with no further obligation on the part of Landlord.
Landlord’s Contributions. Landlord will provide a construction allowance not to exceed $20.00 multiplied by the Rentable Square Footage of the Expansion Space (the “Construction Allowance”), toward the cost of constructing the Expansion Space Work. Payments shall be made directly to Landlord’s contractor performing the Expansion Space Work. The cost of (a) all space planning, design, consulting or review services and construction drawings, (b) extension of electrical wiring from Landlord’s designated location(s) to the Expansion Space, (c) purchasing and installing all building equipment for the Expansion Space (including any submeters and other above building standard electrical equipment approved by Landlord), (d) required metering, re-circuiting or rewiring for metering, equipment rental, engineering design services, consulting services, studies, construction services, cost of billing and collections, (e) materials and labor, and (f) an asbestos survey of the Expansion Space if required by applicable Law, shall all be included in the cost of the Expansion Space Work and may be paid out of the Construction Allowance, to the extent sufficient funds are available for such purpose. Tenant acknowledges that an asbestos survey will probably be required by applicable Law and that the time required for such asbestos surveys should be incorporated in Tenant’s construction planning. The Construction Allowance made available to Tenant under this Work Letter must be utilized for its intended purpose within 180 days of the Effective Date of the First Amendment or be forfeited with no further obligation on the part of Landlord.
Landlord’s Contributions. Upon the Effective Date of this Second Amendment, Landlord will provide a construction allowance not to exceed $15.00 multiplied by the rentable square footage of the Premises (the “Construction Allowance”), toward the cost of constructing the Landlord Work. Payments shall be made directly to Landlord’s contractor performing the Landlord Work. The cost of (a) all space planning, design, consulting or review services and construction drawings, (b) extension of electrical wiring from Landlord’s designated location(s) to the Premises, (c) purchasing and installing all building equipment for the Premises (including any submeters and other above building standard electrical equipment approved by Landlord), (d) required metering, re-circuiting or re-wiring for metering, equipment rental, engineering design services, consulting services, studies, construction services, cost of billing and collections, (e) materials and labor, and (f) an asbestos survey of the Premises if required by applicable Law, shall all be included in the cost of the Landlord Work and may be paid out of the Construction Allowance, to the extent sufficient funds are available for such purpose. Notwithstanding anything in this Paragraph 3 to the contrary, in no event shall Landlord be liable for “soft costs” that, in the aggregate, are in excess of 15% of the Construction Allowance. The Construction Allowance made available to Tenant under this Work Letter must be utilized for its intended purpose within 365 days of the Effective Date or be forfeited with no further obligation on the part of Landlord.
Landlord’s Contributions. On or before the Effective Date, Tenant and Landlord shall agree on the aggregate amount of remaining payments in the nature of landlord’s contributions due Tenant under the Lease (including, without limitation, unpaid Landlord’s Contribution and unpaid Maximum Landlord’s Delay Cost) which shall be funded into a mutually acceptable escrow account for payment to Tenant as and when due under the Lease.
Landlord’s Contributions. Docusign Envelope ID: 9F281A1E-9C97-4CC4-A55B-69F178D46B5A
Landlord’s Contributions. 10.1 The Landlord shall on the grant of the Lease pay to the Tenant in cleared funds (subject to the receipt of invoices addressed to the Landlord):-
Landlord’s Contributions. 4.1 On the date of this Agreement the Landlord shall pay to the Tenant the sum of Three Hundred and Forty One Thousand Nine Hundred and Sixty Pounds (£341,960) excluding any VAT chargeable thereon .
Landlord’s Contributions. Landlord agrees to pay to Tenant, as a contribution towards Tenant’s Cost (as defined in Exhibit C), Landlord’s Contribution and Landlord’s Demolition Contribution (as defined in Exhibit C), subject to the terms and conditions of Exhibit C.
Landlord’s Contributions. Landlord shall contribute to Tenant up to two hundred fifty thousand and 00/100 ($250,000.00) dollars toward electrical up-grade to 6,000 amps subject to reimbursement as set forth in Section 4.2.5.
