Patio Inducement Sample Clauses

Patio Inducement. The Lessor agrees that the Lessee may construct a patio (the "Second Floor Patio") on the second floor parking deck facing Nelson Street approximately in the area shown on Schedule "A" hereto comprising a space of approximately 2,500 square feet. The Lessor agrees to provide the Lessee with an inducement of $20,000.00 plus GST (the "Patio Inducement") towards the cost of constructing the Second Floor Patio. The Patio Inducement will be paid to the Lessee upon substantial completion of the Second Floor Patio. Construction of the Second Floor Patio is subject to approval by the City of Vancouver. Provided the Second Floor Patio is approved by the City of Vancouver and constructed by the Lessee, no parking will be permitted by the Lessor within such space, and exclusive use of the Second Floor Patio shall be provided to the Lessee at no charge during the Term and any renewals thereof. The Lessor also agrees that it will replace the roof railings with metallic coloured railings and the ramp railings will have perforated infill panels installed, also with a metallic finish, all subject to City approval.
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