Common use of Payment of Costs of the Initial Installations Clause in Contracts

Payment of Costs of the Initial Installations. (a) Subject to Landlord’s Contribution as provided in Paragraph 3(b) below, the Initial Installations shall be installed by Tenant at Tenant’s sole cost and expense. The cost of the Initial Installations shall include, and Tenant agrees to pay Landlord for, the following costs (“Landlord’s Costs”); (i) the cost of all work performed by Landlord on behalf of Tenant and for all materials and labor furnished on Tenant’s behalf, and (ii) the cost of any services provided to Tenant or Tenant’s Contractors including but not limited to the cost for rubbish removal, hoisting, and utilities to the extent not included in general conditions charges by the general contractor. Landlord may render bills to Tenant monthly for Landlord’s Costs (provided that the supervision fee shall be billed based on the cost of the Initial Installations performed during the period in question). All bills shall be due and payable no later than the 15th day after delivery of such bills to Tenant.

Appears in 1 contract

Samples: Lease (Affirmative Insurance Holdings Inc)

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Payment of Costs of the Initial Installations. (a) Subject to Landlord’s Contribution as provided in Paragraph 3(b) below, the Initial Installations shall be installed by Tenant at Tenant’s sole cost and expense. The cost of the Initial Installations shall include, and Tenant agrees to pay Landlord for, the following costs (“Landlord’s Costs”); ): (i) the cost of all work performed by Landlord on behalf of Tenant and for all materials and labor furnished on Tenant’s behalfbehalf in accordance with the terms hereof, and (ii) the cost of any services extraordinary rubbish removal and utilities provided to Tenant or Tenant’s Contractors including but not limited to the cost for rubbish removal, hoisting, and utilities to the extent not included in general conditions charges by the general contractor. Landlord may render bills to Tenant monthly for Landlord’s Costs (provided that the supervision fee shall be billed based on the cost of the Initial Installations performed during the period in question). All bills shall be due and payable no later than the 15th 45th day after delivery of such bills to Tenant. In addition to Landlord’s Contribution, Landlord shall contribute an amount not to exceed $0.20 per rentable square foot of the Premises (“Landlord’s Drawing Contribution”) toward the cost of preliminary space plans to be prepared by the architect retained by Tenant, and no portion of the Landlord’s Drawing Contribution, if any, remaining after the completion of the preliminary space plan shall be available for use by Tenant.

Appears in 1 contract

Samples: Agreement of Sublease (Sunrun Inc.)

Payment of Costs of the Initial Installations. (a) Subject to Landlord’s 's Contribution as provided in Paragraph 3(b) below, the Initial Installations shall be installed by Tenant at Tenant’s 's sole cost and expense. The cost of the Initial Installations shall include, and Tenant agrees to pay Landlord for, the following costs ("Landlord’s 's Costs”); "): (i) the cost of all work performed by Landlord on behalf of Tenant and for all materials and labor furnished on Tenant’s 's behalf, and (ii) the cost of any services provided to Tenant or Tenant’s 's Contractors including but not limited to the cost for rubbish removal, hoisting, and utilities to the extent not included in general conditions charges by the general contractor, and (iii) a supervision fee equal to 3% of Landlord's Contribution. Landlord may render bills to Tenant monthly for Landlord’s 's Costs (provided that the supervision fee shall be billed based on the cost of the Initial Installations performed during the period in question). All bills shall be due and payable no later than the 15th 30th day after delivery of such bills to Tenant. Landlord shall be responsible for, Tenant shall have no responsibility for, and Landlord's Contribution shall not be used for (a) costs incurred to remove Hazardous Materials from the Premises present within the Premises at the time possession thereof is tendered to Tenant, and (b) costs to bring the Base Building Work into compliance with applicable Requirements applicable to the Base Building Work as of the Effective Date.

Appears in 1 contract

Samples: Lease (PMC Sierra Inc)

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Payment of Costs of the Initial Installations. (a) Subject to Landlord’s Contribution as provided in Paragraph 3(b) below, the Initial Installations shall be installed by Tenant at Tenant’s sole cost and expense. The cost of the Initial Installations shall include, and Tenant agrees to pay Landlord for, the following costs (“Landlord’s Costs”); ): (i) the cost of all work performed by Landlord on behalf of Tenant and for all materials and labor furnished on Tenant’s behalf, and (ii) the cost of any services provided to Tenant or Tenant’s Contractors including but not limited to the cost for rubbish removal, hoisting, and utilities to the extent not included in general conditions charges by the general contractor, and (iii) a supervision fee equal to two and one half percent (2.5%) of the Landlord's Contribution, excluding the costs of preparing of Proposed Plans and Final Plans and any “soft costs” as defined below. Landlord may render bills to Tenant monthly for Landlord’s Costs (provided that the supervision fee shall be billed based on the cost of the Initial Installations performed during the period in question). All bills shall be due and payable no later than the 15th day after delivery of such bills to Tenant.

Appears in 1 contract

Samples: Lease (Marchex Inc)

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