Payment for Alterations Clause Samples

Payment for Alterations. Tenant shall pay directly to Tenant’s Contractor all costs of any Alterations in strict accordance with the terms of its contract with Tenant’s Contractor and shall keep the Property free of liens for labor or materials. If any such lien shall exist, Tenant shall, within ten (10) business days after the filing of such lien, (or such shorter period if required by the terms of any Mortgage) have such lien released of record, which may include bonding around the lien. If Tenant fails to have such lien so released of record, Landlord, without investigating the validity of such lien, may pay or discharge the same; and Tenant shall reimburse Landlord or the Mortgagee, as applicable, upon demand for the amount so paid by Landlord or the Mortgagee, including expenses and attorneys’ fees. Tenant hereby indemnifies Landlord against liability for any mechanics’ and other liens filed in connection with the costs of any and all Alterations, including the liens of any chattel mortgages, security agreements or financing statements upon any materials or fixtures installed in and constituting part of the Premises. Finally, upon completion of any Alteration, Tenant shall promptly furnish Landlord with sworn contractor’s acknowledgements of payment in full and final waivers of lien in form and substance satisfactory to Landlord covering all labor and materials included in such Alteration.

Payment for Alterations. If Tenant orders any Alterations or repair work directly from Landlord, Tenant shall pay to Landlord, within thirty (30) days after demand, all charges for such work, including five percent (5%) of the cost of such work to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord’s involvement with such work.

Payment for Alterations. Tenant shall pay directly to Tenant’s Contractor all costs of any Alterations as per Tenant’s construction agreement with such Contractor, so that the Property shall always be free of liens for labor or materials. If any such lien shall exist, Tenant shall, within twenty (20) days after the filing of such lien, have such lien discharged of record or obtain a recordable bond in form, amount, and issued by a surety reasonably satisfactory to Landlord, indemnifying Landlord and any Mortgagee against all costs and liabilities resulting from such lien and the foreclosure or attempted foreclosure thereof. If Tenant fails to have such lien so released or to obtain such bond, Landlord or the Mortgagee, without investigating the validity of such lien, may pay or discharge the same; and Tenant shall reimburse Landlord or the Mortgagee, as applicable, upon demand for the amount so paid by Landlord or the Mortgagee, including expenses and attorneys’ fees. Tenant hereby indemnifies Landlord against liability for any mechanics’ and other liens filed in connection with the costs of any and all Alterations, including the liens of any chattel mortgages, security agreements or financing statements upon any materials or fixtures installed in and constituting part of the Premises. Finally, upon completion of any Alteration costing in excess of $25,000, Tenant shall, upon Landlord’s request, promptly furnish Landlord with waivers of lien in form and substance satisfactory to Landlord covering all labor and materials included in such Alteration.

Payment for Alterations. In the event Tenant orders any ------------------------- Alterations directly from Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within ten (10) business days of billing therefor, either periodically during construction or upon the substantial completion of such work, at Landlord's option. If payment for Alterations is made by Tenant directly to contractors, Tenant shall comply with Landlord's requirements for final lien releases and waivers in connection with Tenant's payment for work to such contractors. If Tenant orders any Alterations directly from Landlord, Tenant shall pay to Landlord a fee in the amount of fifteen percent (15%) of the cost of such work to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. With respect to all Alterations performed by Tenant requiring the prior written consent of Landlord, Tenant agrees to reimburse Landlord for Landlord's reasonable out-of-pocket expenses incurred in connection with Landlord's review and approval of such work, provided that in no event shall such expenses exceed seven and one-half percent (7 1/2%) of the total cost of such work.

Payment for Alterations. If payment is made directly to contractors, Tenant shall (i) comply with Landlord’s requirements for final lien releases and waivers in connection with Tenant’s payment for work to contractors, and (ii) sign Landlord’s standard contractor’s rules and regulations. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord an amount equal to Landlord’s standard coordination fee, and all other costs incurred by Landlord in connection with the construction of the Alterations. If Tenant docs not order any work directly from Landlord, Tenant shall reimburse Landlord for Landlord’s reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord’s review of such work.

Payment for Alterations. Tenant shall promptly pay all charges and costs incurred in connection with any Alteration, as and when required by the terms of any agreements with contractors, designers, or suppliers. On completion of any Alteration, Tenant shall deliver to Landlord evidence of full payment and unconditional final waivers of all liens for labor, services, or materials.

Payment for Alterations. Lessee shall promptly pay all charges and costs incurred in connection with any Alteration, as and when required by the terms of any agreements with contractors, designers, or suppliers; provided, however, that Lessee may contest any such charges and costs in good faith as Lessee reasonably considers necessary. Lessee shall hold harmless, indemnify and defend ▇▇▇▇▇▇ and the Premises with respect to any Claims resulting from any such contest or amounts to be paid to any such contractors, designers or suppliers. At least fifteen (15) days before beginning construction of any Alteration, Lessee shall give Lessor written notice of the expected commencement date of that construction to permit ▇▇▇▇▇▇ to post and record a notice of nonresponsibility. On completion of any Alteration, Lessee shall: (a) Cause a timely notice of completion to be recorded in the office of the recorder of Marin County, in accordance with California Code Sections 8182, 8184, 9204, and 9208 or any successor statute; (b) Deliver to Lessor evidence of full payment and executed unconditional final waivers of all liens for labor, services, or materials, all in recordable form; and (c) Reimburse the Lessor for all of its direct out-of-pocket expenses incurred in connection with that work.

Payment for Alterations. Tenant shall promptly pay all charges and costs incurred in connection with any Alteration, as and when required by the terms of any agreements with contractors, designers, or suppliers. At least seven (7) days before beginning construction of any Alteration, Tenant shall give Landlord written notice of the expected commencement date of that construction to permit Landlord to post and record a notice of nonresponsibility. On completion of any Alteration, Tenant shall: (a) Cause a timely notice of completion to be recorded in the office of the recorder of the county in which the Building is located, in accordance with Civil Code section 3093 or any successor statute; (b) Deliver to Landlord evidence of full payment and unconditional final waivers of all liens for labor, services, or materials; and (c) Pay to Landlord five percent (5% of the cost of constructing the Alteration to compensate Landlord for all overhead, costs, and expenses arising from Landlord's involvement with that work.

Payment for Alterations. In the event Tenant orders any Alteration or repair work directly from Landlord, or from the contractor selected by Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable upon billing therefor, either periodically during construction or upon the substantial completion of such work, at Landlord's option. Upon completion of such work, Tenant shall deliver to Landlord, if payment is made directly to contractors, evidence of payment, contractors' affidavits and full and final waivers of all liens for labor, services or materials. Whether or not Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work (such percentage, which shall vary depending upon whether or not Tenant orders the work directly from Landlord, to be established on a uniform basis for the Building, but in no event to exceed five percent (5%)) sufficient to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work.