LANDLORD’S INITIAL CONSTRUCTION IN THE PREMISES. Landlord has constructed, at its sole cost and expense, the base, shell and core (i) of the Premises, and (ii) of the floor of the Project on which the Premises is located (collectively, the “Base, Shell and Core”). Tenant has inspected and hereby approves the condition of the Premises and Base, Shell and Core, and agrees that, subject to construction of the Improvements, the Premises and the Base, Shell and Core shall be delivered to Tenant in its current “as-is” condition. The improvements to be initially installed in the Premises shall be designed and constructed pursuant to this Tenant Work Letter. Any costs of initial design and construction of any improvements to the Premises shall be an “Improvement Allowance Item”, as that term is defined in Section 2.2 of this Tenant Work Letter.
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Samples: Standard Office Lease (Vital Therapies Inc), Standard Office Lease (Vital Therapies Inc), Reaffirmation, Consent to Transfer and Substitution of Indemnitor (Hudson Pacific Properties, Inc.)
LANDLORD’S INITIAL CONSTRUCTION IN THE PREMISES. Landlord has constructed, at its sole cost and expense, the base, shell and core (i) of the Premises, and (ii) of the floor of the Project Building on which the Premises is located (collectively, the “Base, Shell and Core”). Tenant has inspected and hereby approves the condition of the Premises and Base, Shell and Core, and agrees that, subject to construction of the Improvements, the Premises and that the Base, Shell and Core shall be delivered to Tenant in its current “as-is” condition. The improvements to be initially installed in the Premises shall be designed and constructed pursuant to this Tenant Work Letter. Any costs of initial design and construction of any improvements to the Premises shall be an “Improvement Allowance Item”, as that term is defined in Section 2.2 of this Tenant Work Letter.
Appears in 2 contracts
Samples: Standard Office Lease (Investment Technology Group Inc), Lease (Investment Technology Group Inc)
LANDLORD’S INITIAL CONSTRUCTION IN THE PREMISES. Landlord has constructed, at its sole cost and expense, the base, shell and core (i) of the Premises, and (ii) of the floor of the Project Building on which the Premises is located (collectively, the “"Base, Shell and Core”"). Tenant has inspected and hereby approves the condition of the Premises and Base, Shell and Core, and agrees that, subject to construction of the Improvements, the Premises and that the Base, Shell and Core shall be delivered to Tenant in its current “"as-is” " condition. The improvements to be initially installed in the Premises shall be designed and constructed pursuant to this Tenant Work Letter. Any costs of initial design and construction of any improvements to the Premises shall be an “Improvement a "Construction Allowance Item”", as that term is defined in Section 2.2 of this Tenant Work Letter.
Appears in 1 contract
Samples: Lease (Curative Health Services Inc)
LANDLORD’S INITIAL CONSTRUCTION IN THE PREMISES. Landlord has constructed, at its sole cost and expense, the base, shell and core (i) of the Premises, and (ii) of the floor of the Project Building on which the Premises is located (collectively, the “Base"BASE, Shell and Core”SHELL AND CORE"). In addition, improvements in the Premises have been constructed for a previous occupant. Tenant has inspected and hereby approves the condition of the Premises and Base, Shell and CoreCore and the Premises, and agrees that, subject to construction of the Improvements, the Premises and that the Base, Shell and Core and the Premises shall be delivered to Tenant in its their current “"as-is” " condition. The Renovations to the existing improvements to be initially installed in the Premises shall be designed and constructed pursuant to this Tenant Work Letter. Any costs of initial design and construction of any such renovations to the existing improvements to in the Premises shall be an “a "Tenant Improvement Allowance Item”", as that term is defined in Section 2.2 of this Tenant Work Letter.
Appears in 1 contract
Samples: Office Lease (Capstone Turbine Corp)
LANDLORD’S INITIAL CONSTRUCTION IN THE PREMISES. Landlord has constructed, at its sole cost and expense, the base, shell and core (i) of the Premises, and (ii) of the floor of the Project on which the Premises is located (collectively, the “"Base, Shell and Core”"). Subject to Landlord's obligations as provided in this Lease, Tenant has inspected and hereby approves the condition of the Premises and the Base, Shell and Core, and agrees that, subject to construction of the Improvements, the Premises and the Base, Shell and Core shall be delivered to Tenant in its current “"as-is” " condition. The improvements to be initially installed in the Premises shall be designed and constructed pursuant to this Tenant Work Letter. Any costs of initial design and construction of any improvements to the Premises shall be an “"Improvement Allowance Item”", as that term is defined in Section 2.2 of this Tenant Work Letter.
Appears in 1 contract
