Payment for Improvements. The Cost of all Alterations shall be paid for by Tenant. In the event Tenant orders any Alterations or repair work directly from Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within fifteen (15) days of billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's option. Upon completion of such work, Tenant shall deliver to Landlord evidence of payment, contractors' affidavits and full and final waivers of all liens for labor, services or materials. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work not to exceed three percent (3%) of such cost to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If Tenant does not order such work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall reimburse Landlord for Landlord's reasonable out-of-pocket costs and expenses actually incurred in connection with review of such work; provided, however, that this sentence shall not apply to Acceptable Changes.
Appears in 4 contracts
Samples: Lease Option Agreement (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)
Payment for Improvements. The Cost of all Alterations shall be paid for by Tenant. In the event Tenant orders any Alterations or repair work If payment is made directly from Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within fifteen (15) days of billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's option. Upon completion of such workto contractors, Tenant shall deliver (i) comply with Landlord’s requirements for final lien releases and waivers in connection with Tenant’s payment for work to Landlord evidence of paymentcontractors, contractors' affidavits and full (ii) sign Landlord’s standard contractor’s rules and final waivers of all liens for labor, services or materialsregulations. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work not to exceed three percent (3%) of such cost an amount mutually agreed upon in advance by Landlord and Tenant to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's ’s involvement with such work; provided, however, to the extent that Tenant, prior to ordering such working directly from Landlord, requests in writing that Landlord provide Tenant with a pre-review estimate of the costs to be incurred by Landlord in connection with such review, then such costs shall be subject to the reasonable pre-approval of Tenant. If Tenant does not order such any work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall shall, reimburse Landlord for Landlord's reasonable ’s reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord’s review of such work; provided, however, that this sentence shall not apply to Acceptable Changes.
Appears in 2 contracts
Samples: Office Lease (Anaptysbio Inc), Office Lease (Anaptysbio Inc)
Payment for Improvements. The Cost of all Alterations shall be paid for by Tenant. In the event Tenant orders any Alterations or repair work directly from Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within fifteen (15) days of billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's option. Upon completion of such work, Tenant shall deliver to Landlord evidence of payment, contractors' affidavits and full and final waivers of all liens for labor, services or materials. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work not to exceed three percent (3%) of such cost to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If Tenant does not order such work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall reimburse Landlord for Landlord's reasonable out-of-pocket costs and expenses actually incurred in connection with PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] review of such work; provided, however, that this sentence shall not apply to Acceptable Changes.
Appears in 1 contract
Samples: Office Lease (Peregrine Systems Inc)
Payment for Improvements. The Cost of all Alterations shall be paid for by Tenant. In the event Tenant orders any Alterations Alteration or repair work directly from Landlord, or from a contractor selected by Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within fifteen (15) days of upon billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's option. Upon completion of such work, Tenant shall deliver to Landlord 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. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work not (such percentage to exceed three percent (3%be established on a uniform basis for the Building) of such cost sufficient to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If , and if Tenant does not order such any work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall reimburse Landlord for Landlord's reasonable out-of-pocket costs and expenses actually reasonably incurred in connection with Landlord's review of such work; provided, however, that this sentence shall not apply to Acceptable Changes.
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Payment for Improvements. The Cost cost of all Alterations shall be paid for by Tenant. In the event Tenant orders any Alterations or repair work directly from Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within fifteen (15) days of billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's ’s option. Upon completion of such work, Tenant shall deliver to Landlord evidence of payment, contractors' ’ affidavits and full and final waivers of all liens for labor, services or materials. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work not to exceed three percent (3%) of such cost to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's ’s involvement with such work. If Tenant does not order such work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall reimburse Landlord for Landlord's ’s reasonable out-of-pocket costs and expenses actually incurred in connection with review of such work; provided, however, that this sentence shall not apply to Acceptable Changes.
Appears in 1 contract
Samples: Office Lease and Settlement Agreement (Peregrine Systems Inc)
Payment for Improvements. The Cost of all Alterations shall be paid for by Tenant. In the event Tenant orders any Alterations 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 within fifteen thirty (1530) days after Tenant's receipt of billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's option. Upon completion of such workany work not ordered directly from Landlord, Tenant shall deliver to Landlord Landlord, evidence of payment, contractors' affidavits and full and final waivers of all liens for labor, services or materials. If Tenant orders any work directly from LandlordIn addition, Tenant shall pay to Landlord a percentage of the cost of any such work (such percentage to be established on a uniform basis for the Building and shall not to exceed three five percent (35%)) of such cost to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If , and if Tenant does not order such any work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall reimburse Landlord for Landlord's reasonable reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord's review of such work; provided, however, that this sentence work but otherwise shall not apply be liable to Acceptable ChangesLandlord for any fees for supervision or otherwise.
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Payment for Improvements. The Cost of all Alterations shall be paid for by Tenant. In the event If Tenant orders any Alterations Alteration or repair -------------------------- work directly from Landlord, or from a contractor selected by Landlord, the charges for such work shall be deemed Additional Rent under this Lease, payable within fifteen (15) days of upon billing therefor, either periodically during construction in reasonable progress payments or upon the substantial completion of such work, at Landlord's option. Upon completion of such work, Tenant shall deliver to Landlord 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. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord a percentage of the cost of such work not (such percentage to exceed three percent (3%be established on a uniform basis for the Building) of such cost sufficient to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If , and if Tenant does not order such any work directly from Landlord, Tenant shall pay to Landlord a fee equal to one percent (1%) of the cost of such work and shall reimburse Landlord for Landlord's reasonable out-of-pocket costs and expenses actually reasonably incurred in connection with Landlord's review of such work; provided, however, that this sentence shall not apply to Acceptable Changes.
Appears in 1 contract
Samples: Office Lease (Mego Financial Corp)