Common use of Payment for TI Costs Clause in Contracts

Payment for TI Costs. During the course of design and construction of the Tenant Improvements, and subject to Section 6.8, each of Landlord and Tenant shall pay their respective Proportionate Share of TI Costs (and shall provide to each other evidence of such payment) once a month against a draw request in Landlord’s standard form, containing such certifications, lien waivers (including a conditional lien release for each progress payment and unconditional lien releases for the prior month’s progress payments), inspection reports and other matters as Landlord customarily obtains, to the extent of Landlord’s approval thereof for payment, within 30 days of receipt of such draw request, so long as such draw request is submitted to, and approved by, Landlord by the 5th day of the month. Upon completion of the Tenant Improvements for the Tenant Improvements or any phase thereof, Tenant shall deliver to Landlord: (i) sworn statements setting forth the names of all contractors and first tier subcontractors who did the work and final, unconditional lien waivers from all such contractors and first tier subcontractors; (ii) as-built plans (two (2) copies in print format and one (1) copy in electronic CAD format) for such Tenant Improvements (or TI Phase); (iii) a certification of substantial completion in Form AIA G704, (iv) a Certificate of Occupancy for the Premises (or temporary Certificate of Occupancy if for a portion of the Premises); and (v) copies of all operation and maintenance manuals and warranties affecting the Premises.

Payment for TI Costs. During the course of design and construction of the Tenant Improvements, and subject to the terms of Section 6.86(d) including Tenant’s payment of Tenant’s proportionate share of each invoice, each of Landlord and shall reimburse Tenant shall pay their respective Proportionate Share of for TI Costs (and shall provide to each other evidence of such payment) once a month against a draw request in Landlord’s standard form, containing evidence of payment of such TI Costs by Tenant and such certifications, lien waivers (including a conditional lien release for each progress payment and unconditional lien releases for the prior month’s progress payments), inspection reports and other matters as Landlord customarily obtains, to the extent of Landlord’s approval thereof for payment, within no later than 30 days of following receipt of such draw request, so long as such draw request is submitted to, and approved by, Landlord by the 5th day of the month. Upon completion of the Tenant Improvements for (and prior to any final disbursement of the Tenant Improvements or any phase thereofTI Fund), Tenant shall deliver to Landlord: (i) sworn statements from Tenant’s general contractor setting forth the names of all contractors and first tier subcontractors who did the work and final, unconditional lien waivers from all such contractors and first tier subcontractors; (ii) as-built plans (two (2) copies one copy in print format and one (1) copy two copies in electronic CAD format) for such Tenant Improvements (or TI Phase)Improvements; (iii) a certification of substantial completion in Form AIA G704, (iv) a Certificate certificate of Occupancy occupancy for the Premises (or temporary Certificate of Occupancy if for a portion of the Premises); and (v) copies of all operation and maintenance manuals and warranties affecting the Premises.

Payment for TI Costs. During the course of design and construction of the Tenant Improvements, and subject following the payment by Tenant of any Excess TI Costs required to be paid by Tenant pursuant to Section 6.86(d) above, each of Landlord and shall reimburse Tenant shall pay their respective Proportionate Share of for TI Costs (and shall provide to each other evidence of such payment) once a month against a draw request in Landlord’s standard form, containing evidence of payment of such TI Costs by Tenant and such certifications, lien waivers (including a conditional lien release for each progress payment and unconditional lien releases for the prior month’s progress payments), inspection reports (if any) and other matters as Landlord customarily obtainsreasonably requires, to the extent of Landlord’s approval thereof for payment, within 30 no later than thirty (30) days of following receipt of such draw request, so long as such draw request is submitted to, and approved by, Landlord by the 5th day of the month. Upon completion of the Tenant Improvements for (and prior to any final disbursement of the Tenant Improvements or any phase thereofTI Fund), Tenant shall deliver to Landlord: (i) sworn statements setting forth the names of all contractors and first tier subcontractors who did the work and final, unconditional lien waivers from all such contractors and first tier subcontractors; (ii) as-built plans (two (2) copies one copy in print format and one (1) copy two copies in electronic CAD format) for such Tenant Improvements (or TI Phase)Improvements; (iii) a certification of substantial completion in Form AIA G704, (iv) a Certificate certificate of Occupancy occupancy for the Premises (or temporary Certificate of Occupancy if for a portion of the Premises); and (v) copies of all operation and maintenance manuals and warranties affecting the Premises.

Payment for TI Costs. During the course of design and construction of the Tenant Improvements, and subject to the terms of Section 6.85(d), including Tenant’s payment of Tenant’s proportionate share each of invoice, Landlord and shall reimburse Tenant shall pay their respective Proportionate Share of for TI Costs (and shall provide to each other evidence of such payment) once a month against a draw request in Landlord’s standard form, containing evidence of payment of such TI Costs by Tenant and such certifications, lien waivers (including a conditional lien release for each progress payment and unconditional lien releases for the prior month’s progress payments), inspection reports and other matters as Landlord customarily obtains, to the extent of Landlord’s approval thereof for payment, within no later than 30 days of following receipt of such draw request, so long as such draw request is submitted to, and approved by, Landlord by the 5th day of the month. Upon completion of the Tenant Improvements for (and prior to any final disbursement of the Tenant Improvements or any phase thereofTI Fund), Tenant shall deliver to Landlord: (i) sworn statements setting forth the names of all contractors and first tier subcontractors who did the work and final, unconditional lien waivers from all such contractors and first tier subcontractors; (ii) as-built plans (two (2) copies one copy in print format and one (1) copy two copies in electronic CAD format) for such Tenant Improvements (or TI Phase)Improvements; (iii) a certification of substantial completion in Form AIA G704, (iv) a Certificate certificate of Occupancy occupancy for the Premises (or temporary Certificate of Occupancy if for a portion of the Premises); and (v) copies of all operation and maintenance manuals and warranties affecting the Premises.