Common use of Preparation of Estimates Clause in Contracts

Preparation of Estimates. Landlord shall, before proceeding with any Change, use commercially reasonable efforts to prepare as soon as is reasonably practicable (but in no event more than five (5) business days after delivering a Landlord Change Order Request to Tenant or receipt of a Tenant Change Order Request) an estimate of the increased costs or savings that would result from such Change, as well as an estimate of such Change’s effects on the Schedule. Subject to Section 6.1(c), Tenant shall have five (5) business days after receipt of such information from Landlord to (a) in the case of a Landlord Change Order Request, approve or reject such Landlord Change Order Request in writing or (b) in the case of a Tenant Change Order Request, notify Landlord in writing of Tenant’s decision either to proceed with or abandon the Tenant-requested Change.

Appears in 1 contract

Samples: Lease (Sonus Pharmaceuticals Inc)

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Preparation of Estimates. Landlord shall, before proceeding with any Change, use commercially reasonable efforts to its best efforts, prepare as soon as is reasonably practicable (but in no event more than five (5) business days after delivering a Landlord Change Order Request to Tenant or receipt of a Tenant Change Order Request) an estimate of the increased costs or savings that would result from such Change, as well as an estimate of such Change’s effects on the Schedule. Subject to Section 6.1(c7.1 (c), Tenant shall have five (5) business days after receipt of such information from Landlord to (a) in the case of a Landlord Change Order Request, approve or reject such Landlord Change Order Request in writing or (b) in the case of a Tenant Change Order Request, notify Landlord in writing of Tenant’s decision either to proceed with or abandon the Tenant-requested Change.

Appears in 1 contract

Samples: Lease Agreement (Epicept Corp)

Preparation of Estimates. Landlord Tenant shall, before proceeding with any Change, use commercially reasonable efforts to using its best efforts, prepare as soon as is reasonably practicable (but in no event more than five (5) business days after delivering a Landlord Tenant Change Order Request to Tenant Landlord or receipt of a Tenant Landlord Change Order Request) an estimate of the increased costs or savings that would result from such Change, as well as an estimate of on such Change’s effects on the Schedule. Subject to Section 6.1(c), Tenant Landlord shall have five (5) business days after receipt of such information from Landlord Tenant to (a) in the case of a Tenant Change Order Request, approve or reject such Tenant Change Order Request in writing, or (b) in the case of a Landlord Change Order Request, approve or reject such Landlord Change Order Request in writing or (b) in the case of a notify Tenant Change Order Request, notify Landlord in writing of TenantLandlord’s decision either to proceed with or abandon the TenantLandlord-requested Change.

Appears in 1 contract

Samples: Agreement of Lease (Usa Technologies Inc)

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Preparation of Estimates. Landlord Tenant shall, before proceeding with any Change, use commercially reasonable efforts to efforts, prepare as soon as is reasonably practicable (but in no event more than five three (53) business days after delivering a Landlord Tenant Change Order Request to Tenant Landlord or receipt of a Tenant Landlord Change Order Request) an estimate of the increased costs or savings that would result from such Change, as well as an a reasonable estimate of on such Change’s effects on the Schedule. Subject to Section 6.1(c), Tenant Landlord shall have five (5) business days after receipt of such information from Landlord Tenant to (a) in the case of a Tenant Change Order Request, approve or reject such Tenant Change Order Request in writing, or (b) in the case of a Landlord Change Order Request, approve or reject such Landlord Change Order Request in writing or (b) in the case of a notify Tenant Change Order Request, notify Landlord in writing of TenantLandlord’s decision either to proceed with or abandon the TenantLandlord-requested Change.

Appears in 1 contract

Samples: Lease (Regeneron Pharmaceuticals Inc)

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