Lessor’s Contribution Sample Clauses

Lessor’s Contribution. A. Lessor shall, in the manner hereinafter set forth, provide to Lessee up to Two Hundred Thirty-Eight Thousand Seventy-Five and 00/100 ($238,075.00) Dollars ("Lessor's Contribution") towards the cost of leasehold improvements to be installed by Lessee in any portion of the Fourth Amendment Premises ("Lessee's Work"). Provided that Lessee is not in default, beyond the expiration of any applicable grace periods, of its obligations under the Lease at the time that Lessee submits any requisition on account of Lessor's Contribution, Lessor shall pay the cost of the work shown on each requisition (as hereinafter defined) submitted by Lessee to Lessor within thirty (30) days of submission thereof by Lessee to Lessor. B. For the purposes hereof, a "requisition" shall mean written documentation (including, without limitation, invoices from Lessee's contractor, written lien waivers and such other documentation as Lessor's mortgagee may reasonably request) showing in reasonable detail the costs of the improvements installed to date in the Fourth Amendment Premises, accompanied by certifications from Lessee, Lessee's architect, and Lessee's contractor that the work performed to date has been performed in accordance with applicable laws and in accordance with Lessee's approved plans, and that the amount of the requisition in question does not exceed the amount of the work covered by such requisition. Each requisition shall be accompanied by evidence reasonably satisfactory to Lessor that all work covered by previous requisitions has been fully paid by Lessee. Lessor shall have the right, upon reasonable advance notice to Lessee, to inspect Lessee's books and records relating to each requisition in order to verify the amount thereof. Lessee shall submit requisition(s) no more often than monthly.

Lessor’s Contribution. The Lessor has agreed and is therefore required --------------------- to contribute funds to the project described in Article 2.5 of this Agreement in the amount of twenty-five thousand eight hundred fifty dollars ($25,850.00).

Lessor’s Contribution. 25.11.1 The Lessor will, in consideration of the Lessee's covenant in clause 3.6 and provided the Lessee complies with this clause 25 provide to the Lessee a contribution to fit out up to that amount expended by the Lessee on such fit out. 25.11.2 The fit out rent referred to in clause 3.6 is the amount of funds advanced pursuant to clause (a) together with interest at the rate of 8.5% reducible over the Term and divided by the number of years in the Term. 25.11.3 To the extent that the Lessee complies with it's obligations to pay fit out rent under clause 3.6, the Lessee will own such of the fit out for which it pays pursuant to paragraph (b) at the Termination Date.

Lessor’s Contribution. Lessor shall not be obligated to provide any Lessor Contribution to Lessee in respect of Suite 303.

Lessor’s Contribution. Lessee shall be entitled to have Lessor make a one time contribution of one half of the cost of roof replacement and related structural repairs to the building and improvements on the premises at the commencement of this lease, provided that in no event shall Lessor's contribution exceed the sum of twenty six thousand dollars ($26,000.00).

Lessor’s Contribution. In connection with the Renovation Work, Lessor shall contribute the sum of $325,000 in cash or readily available funds to assist in the payment for the Renovation Work. Lessor's payment of said $325,000 shall be made as set forth in this section. Upon submission of bills or invoices to Lessor requesting payment for the labor, materials or services utilized in connection with the Renovation Work, Lessor shall be responsible for the payment thereof. Lessor may pay each ▇▇▇▇ or invoice as it is submitted, or Lessor may hold all the bills and invoices and make lump payments of up to $162,500.00 (half of said $325,000.00) at the end of each 30 day period during the 2 months that the Renovation Work is being performed. A committee (the "Committee") shall be appointed by Lessor consisting of ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇ and the architect overseeing the remodeling and renovation (which as of the date hereof is ▇▇▇▇ ▇▇▇▇) which shall approve all such requests for payment. In the event such requests are approved, Lessor shall promptly pay such bills and invoices. In the event that the Committee disapproves a request for payment, the Committee shall give Lessee prompt notice thereof, which notice shall set forth the specific reasons for disapproval. All decisions of the Committee shall be final. Lessor may withhold a portion of the final payment until such time that Lessor receives lien waivers from the suppliers of the labor, materials or services for the Renovation Work or until all "punch list" items have been completed.

Lessor’s Contribution. The amount to be provided by Lessor to Lessee in reimbursement of costs and expenses incurred by Lessee in performing Lessee’s Work in an amount not to exceed $295,665.