Minimum Initial Investments in Capital Improvements. (IICI) Lessee, at no expense to the Administration, and for no additional Contract Term, shall be responsible for expending the minimum investment in capital improvements and for any and all upside limits beyond any and all capital improvement costs. Lessee, at no expense to the Administration, will be responsible for constructing, equipping, furnishing and completing the Minimum Initial Investment in Capital Improvements for Existing Concession Facilities. Lessee, for Existing Concession Facilities, shall expend not less than $ as proposed in Lessee’s Proposal. For constructing, equipping, furnishing and completing the Build-Out of the new A/B Core Expansion Area as shown on Exhibit to this Contract in accordance with the Administration’s Concessions Design Criteria and Lessee’s Tenant Design Standards (see Attachment to this Contract). Lessee’s Initial Investment in Capital Improvements for the Build-Out of the new A/B Core Expansion Area shall be $ as proposed by Lessee in its Proposal. Lessee’s required IICI includes only the following items:
