Common use of Payment Schedule for Tenant’s Costs Clause in Contracts

Payment Schedule for Tenant’s Costs. Tenant shall pay to Landlord the Tenant's Costs as follows: (a) Fifty percent (50%) of the amount of Tenant's Costs then known to Landlord and Tenant shall be paid prior to the commencement of any work of constructing and installing the Tenant Improvements; (b) Forty percent (40%) of the amount of Tenant's Costs then known to Landlord and Tenant shall be paid within thirty (30) calendar days after the commencement of the work of constructing and installing the Tenant Improvements; and (c) The balance of Tenant's Costs shall be paid immediately upon Landlord's notification to Tenant that the work of constructing and installing the Tenant Improvements has been substantially completed.

Appears in 3 contracts

Samples: Lease Agreement (E3 Corp), Lease Agreement (E3 Corp), Lease Agreement (E3 Corp)

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Payment Schedule for Tenant’s Costs. Tenant shall pay to Landlord the Tenant's Costs as follows: (a) Fifty percent (50%) of the amount of Tenant's Costs then known to Landlord and Tenant shall be paid prior to the commencement of any work of constructing and installing the Tenant Improvements; (b) Forty percent (40%) of the amount of Tenant's Costs then known to Landlord and Tenant shall be paid within thirty (30) calendar days after the commencement of the work of constructing and installing the Tenant Improvements; and (c) The balance of Tenant's Costs shall be paid immediately upon Landlord's notification to Tenant that the work of constructing and installing the Tenant Improvements has been substantially completed.

Appears in 1 contract

Samples: Office Lease (Integrated Information Systems Inc)

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