Payment of Improvement Allowance. The Improvement Allowance shall be paid by Landlord to Tenant, or if requested by Tenant, to Tenant’s contractors, Tenant’s Architect and/or any other vendors of Tenant identified by Tenant, in each case, on a progress payment basis in accordance with Tenant’s written instructions, no later than the end of the calendar month next following the calendar month within which written requisitions therefor (together with all other accompanying documentation required below in this Section 17.4.4) are delivered to Landlord by Tenant (each written requisition, together with all other accompanying documentation required below in this Section 17.4.2, being herein referred to as a “Tenant Requisition”), which Tenant Requisitions shall be submitted by Tenant to Landlord from time to time, but no more frequently than monthly. Each Tenant Requisition shall: (i) state the amount of such Tenant Requisition, (ii) state the amount payable to each of Tenant’s contractors, Tenant’s Architect and Tenant’s other vendors (and, if such amounts are to be paid directly to any Tenant’s contractors, Tenant’s Architect or other vendor of Tenant, the mailing address thereof), and (iii) list the invoices to be paid or reimbursed (it being understood that if the total amount of such invoices shall exceed the amount of such Tenant Requisition then Tenant shall be responsible for the payment of the balance thereof). Each Tenant Requisition shall be accompanied by (1) the invoices so listed, (2) with respect to invoices from Tenant’s contractors, a certificate signed by Tenant’s Architect certifying that the work represented by such invoices has been performed substantially in accordance with the plans therefor, and (3) sworn statements from such Tenant’s contractors and other payees having any lien rights (and, if reasonable and customary, from Tenant), lien waivers (covering the calendar month or other 30-day period for which payment or reimbursement is sought pursuant to the applicable Tenant Requisition) from Tenant’s General Contractor and 30-day trailing lien waivers (covering the calendar month or other 30-day period immediately preceding the month or period for which payment or reimbursement is sought pursuant to the applicable Tenant Requisition) from all other Tenant’s contractors and other payees having any lien rights, all in customary form; provided, however, that as a condition precedent to the payment of the last $666,090.00 of the Tenant Requisition (or any portion of such la...
Payment of Improvement Allowance. Not later than December 15, 2006, Tenant shall have delivered funds to Gates in the amount of $214,890.00 for the benefit of Gates to use in connection with the improvement of the Gates Space.
Payment of Improvement Allowance. Tenant shall from time to time submit to Landlord's Representative invoices for any costs and expenses incurred in connection with the Leasehold Improvements, together with evidence of payment of C-7 18 such invoices, lien waivers, and any other documentation reasonably requested by Landlord's Representative, and, subject to the approval of such items by Landlord's Representative, Landlord shall pay Tenant the amount set forth on such invoice or invoices as promptly as reasonably possible but in no event later than thirty (30) days after the receipt of such items by Landlord's Representative. Landlord shall from time to time pay amounts against the Improvement Allowance in accordance with the terms set forth herein up to the total amount of the Improvement Allowance; provided that, Landlord shall have the right to retain up to a total of 10% of the Improvement Allowance until after the General Waiver (as defined below) is delivered to Landlord's Representative. Upon completion of the Leasehold Improvements, Tenant shall obtain and deliver to Landlord's Representative a general lien waiver covering the Leasehold Improvements from the General Contractor, which lien waiver shall be in form and substance reasonably acceptable to Landlord (the "General Waiver").
Payment of Improvement Allowance i. The Improvement Allowance shall be funded to Subtenant within thirty (30) days following completion of the Subtenant Improvements and Sublandlord’s receipt of Subtenant’s written draw request accompanied by the following documents: (a) final lien waivers from Subtenant’s general contractor and all subcontractors whose work is the subject of such draw request (subject only to the receipt of payment therefor), or unconditional final lien waivers from such contractors with respect to any work the non-payment for which will give rise to a statutory mechanic’s lien under applicable law, or if the waivers are conditioned on payment of the amount so waived, proof reasonable to Sublandlord that the proper amount has been received by the waiving party; (b) application for payment and sworn statement of Subtenant’s general contractor substantially in the form of AIA Document G702, or in the case of any work not performed by or under the general contractor, such other documentation (including, without limitation, copies of invoices, contracts and reasonable evidence of payment, including cancelled checks) reasonably substantiating the charges of the applicable vendors, contractors or design service providers; and (c) a certificate of occupancy (or its equivalent) from the City of Englewood, Colorado for the Tenant Improvements. If the Improvement Allowance is not received within sixty (60) days of receiving the above outlined information, a late payment charge of five percent (5%) shall immediately become due and payable in addition to the Improvement Allowance owed. The Improvement Allowance owed and late payment charge may be applied to monthly Rent due under this Sublease.
Payment of Improvement Allowance. The Improvement Allowance shall be paid to Tenant within ten (10) days after the last to occur of the following: 1) receipt by Landlord of evidence of substantial completion of Tenant’s Work, excluding punch list items in the form of a certificate issued by Tenant’s architect, 2) receipt by Landlord of a certificate of occupancy, or other certificate or document permitting legal occupancy of the Premises, 3) receipt by Landlord of a final lien waiver from Tenant’s general contractor, and 4) the Rent Commencement date shall have occurred.
