Common use of Pricing of Tenant Improvements Clause in Contracts

Pricing of Tenant Improvements. (a) Within ten (10) Working Days after final approval of the Tenant Improvement Construction Documents, Landlord shall obtain price proposals for the Tenant Improvements from the prospective Contractors. Such price proposals shall be subject to Tenant's review and approval, which approval shall not be unreasonably withheld or delayed. Should Tenant desire to seek adjustments of such price proposals, Tenant shall (i) work promptly with Architect and Contractor to alter the Tenant Improvement Construction Documents to cause the price quotation to be acceptable to Tenant and to establish the Tenant Improvement Costs, or (ii) elect to rebid the Tenant Improvement Construction Documents to another qualified general contractor. Upon determination of the Tenant Improvement Costs and the written approval of the Tenant Improvement Construction Documents by Tenant, Tenant shall have given final approval of the same, and Landlord shall be authorized to proceed to contract with the selected Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents.

Appears in 2 contracts

Samples: Lease Agreement (Carter William Co /Ga/), Lease Agreement (Carters Imagination Inc)

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Pricing of Tenant Improvements. (a) Within ten (10) Working Days after final approval of the Tenant Improvement Construction Documents, Landlord Tenant shall obtain a price proposals proposal for the Tenant Improvements from the prospective ContractorsContractor. Such price proposals proposal shall be subject to Tenant's Landlord’s review and approval, which approval by Landlord shall not be unreasonably withheld or delayed. Should Tenant desire to seek adjustments of such price proposalsproposal, Tenant shall (i) work promptly with Tenant’s Architect and Contractor to alter the Tenant Improvement Construction Documents to cause the price quotation to be acceptable to Tenant and to establish the Tenant Improvement Costs, or (ii) elect to rebid the Tenant Improvement Construction Documents to another qualified general contractor. Upon determination of the Tenant Improvement Costs and the written approval of the Tenant Improvement Construction Documents by Landlord and Tenant, Tenant shall have given final approval of the same, and Landlord Tenant shall be authorized to proceed to contract with the selected contracting with Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents.

Appears in 1 contract

Samples: Lease Agreement (First Horizon Pharmaceutical Corp)

Pricing of Tenant Improvements. (a) Within ten (10) __ Working Days after final approval of the Tenant Improvement Construction Documents, Landlord shall obtain a price proposals proposal for the Tenant Improvements from the prospective ContractorsContractor. Such price proposals proposal shall be subject to Tenant's review and approval, which approval by Tenant shall not be unreasonably withheld or delayed. Should Tenant desire to seek adjustments of such price proposalsproposal, Tenant shall (i) work promptly with Landlord's Architect and Contractor to alter the Tenant Improvement Construction Documents to cause the price quotation to be acceptable to Tenant and to establish the Tenant Improvement Costs, or (ii) elect to rebid the Tenant Improvement Construction Documents to another qualified general contractor. Upon determination of the Tenant Improvement Costs and the written approval of the Tenant Improvement Construction Documents by Tenant, Tenant shall have given final approval of the same, and Landlord shall be authorized to proceed to contract with the selected contracting with Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents.

Appears in 1 contract

Samples: Lease Agreement (Ross Systems Inc/Ca)

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Pricing of Tenant Improvements. (a) Within ten (10) Working Days after final approval of the Tenant Improvement Construction Documents, Landlord shall obtain a price proposals proposal for the Tenant Improvements from the prospective ContractorsContractor. Such price proposals proposal shall be subject to Tenant's ’s review and approval, which approval by Tenant shall not be unreasonably withheld or delayed. Should Tenant desire to seek adjustments of such price proposalsproposal, Tenant shall (i) work promptly with Architect and Contractor to alter the Tenant Improvement Construction Documents to cause the price quotation to be acceptable to Tenant and to establish the Tenant Improvement Costs, or (ii) elect to rebid the Tenant Improvement Construction Documents to another qualified general contractor. Upon determination of the Tenant Improvement Costs and the written approval of the Tenant Improvement Construction Documents by Tenant, Tenant shall have given final approval of the same, and Landlord shall be authorized to proceed to contract with the selected contracting with Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents.

Appears in 1 contract

Samples: Lease Agreement (American Telecom Services Inc)

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