Common use of Pricing of Tenant Improvements Clause in Contracts

Pricing of Tenant Improvements. (a) Within the time periods specified above, Tenant shall obtain a price proposal for the Tenant Improvements from Contractor. Should Tenant desire to seek adjustments of such price proposal, Tenant shall work promptly with Tenant's Architect and Contractor to alter the Tenant Improvement Construction Documents necessary to cause the price quotation based thereon to be acceptable to Tenant and to establish Tenant Improvement Costs. (b) Included in the pricing for the Tenant Improvements shall be the cost of those Building Standard Materials which Tenant is obligated to purchase under this Work Agreement, which shall be purchased by Tenant in appropriate quantities for the Premises, at the rates set out in Exhibit "C-1". The cost of ------------- such Building Standard Materials shall be charged against the Allowance, to the extent available. (c) If Tenant has, as a part of any specifications for the Tenant Improvements, designated Building Standard Materials or a standard that allows for equivalent quality items and would permit the use of Building Standard Materials, Landlord shall have the right, at Landlord's option and in Landlord's sole discretion, to sell those Building Standard Materials to Tenant at the price given for such item (on a unit cost basis) by the bidder selected to perform that portion of the work which will be using the Building Standard Materials in question. Any such costs shall be charged against the Allowance, to the extent available.

Appears in 1 contract

Samples: Lease Agreement (Afc Enterprises Inc)

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Pricing of Tenant Improvements. (a) Within ten (10) Working Days after final approval of the time periods specified aboveTenant Improvement Construction Documents, Tenant Landlord shall obtain a price proposal for the Tenant Improvements from Contractor. Such price 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 proposal, Tenant shall work promptly with Tenant's Architect and Contractor to alter the Tenant Improvement Construction Documents necessary to cause the price quotation based thereon to be acceptable to Tenant and to establish the Tenant Improvement Costs. 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 with contracting with Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents. (b) Included in the pricing for the Tenant Improvements shall be the cost of those Building Standard Materials which Tenant is obligated to purchase under this Work AgreementLetter, which shall be purchased by Tenant in appropriate quantities for the Premises, at the rates set out in Exhibit "C-1". The cost of ------------- such Building Standard Materials shall be charged against the Allowance, to the extent available. (c) If Tenant has, as a part of any specifications for the Tenant Improvements, designated Building Standard Materials or a standard that allows for equivalent quality items and would permit the use of Building Standard Materials, Landlord shall have the right, at Landlord's ’s option and in Landlord's ’s sole discretion, to sell those Building Standard Materials to Tenant at the price given for such item (on a unit cost basis) by the bidder selected to perform that portion of the work which will be using the Building Standard Materials in question. Any such costs shall be charged against the Allowance, to the extent available.

Appears in 1 contract

Samples: Lease Agreement (American Telecom Services Inc)

Pricing of Tenant Improvements. (a) Within ten (10) Working Days after final approval of the time periods specified aboveTenant Improvement Construction Documents, Tenant shall obtain a price proposal for the Tenant Improvements from Contractor. Such price proposal shall be subject to 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 proposal, Tenant shall work promptly with Tenant's ’s Architect and Contractor to alter the Tenant Improvement Construction Documents necessary to cause the price quotation based thereon to be acceptable to Tenant and to establish the Tenant Improvement Costs. 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 Tenant shall be authorized to proceed with contracting with Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents. (b) Included in the pricing for the Tenant Improvements shall be the cost of those Building Standard Materials which Tenant is obligated to purchase under this Work AgreementLetter, which shall be purchased by Tenant in appropriate quantities for the Premises, at the rates set out in Exhibit "C-1". The cost of ------------- such Building Standard Materials shall be charged against the Allowance, to the extent available. (c) If Tenant has, as a part of any specifications for the Tenant Improvements, designated Building Standard Materials or a standard that allows for equivalent quality items and would permit the use of Building Standard Materials, Landlord shall have the right, at Landlord's ’s option and in Landlord's ’s sole discretion, to sell those Building Standard Materials to Tenant at the price given for such item (on a unit cost basis) by the bidder selected to perform that portion of the work which will be using the Building Standard Materials in question; provided, however, Landlord shall not charge for any materials, whether or not Building Standard Materials, which were located in the Premises on January 1, 2006 or remained after the demolition of existing improvements. Any such costs under this Section 3.01(c) shall be charged against the Allowance, to the extent available.

Appears in 1 contract

Samples: Lease Agreement (First Horizon Pharmaceutical Corp)

Pricing of Tenant Improvements. (a) Within __ Working Days after final approval of the time periods specified aboveTenant Improvement Construction Documents, Tenant Landlord shall obtain a price proposal for the Tenant Improvements from Contractor. Such price 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 proposal, Tenant shall work promptly with TenantLandlord's Architect and Contractor to alter the Tenant Improvement Construction Documents necessary to cause the price quotation based thereon to be acceptable to Tenant and to establish the Tenant Improvement Costs. 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 with contracting with Contractor for the construction and installation of the Tenant Improvements in accordance with the Tenant Improvement Construction Documents. (b) Included in the pricing for the Tenant Improvements shall be the cost of those Building Standard Materials which Tenant is obligated to purchase under this Work AgreementLetter, which shall be purchased by Tenant in appropriate quantities for the Premises, at the rates set out in Exhibit "C-1". The cost of ------------- such Building Standard Materials shall be charged against the Allowance, to the extent available. (c) If Tenant has, as a part of any specifications for the Tenant Improvements, designated Building Standard Materials or a standard that allows for equivalent quality items and would permit the use of Building Standard Materials, Landlord shall have the right, at Landlord's option and in Landlord's sole discretion, to sell those Building Standard Materials to Tenant at the price given for such item (on a unit cost basis) by the bidder selected to perform that portion of the work which will be using the Building Standard Materials in question. Any such costs shall be charged against the Allowance, to the extent available.

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 time periods specified aboveTenant Improvement Construction Documents, Tenant Landlord shall obtain a price proposal proposals for the Tenant Improvements from Contractorthe 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 proposalproposals, Tenant shall (i) work promptly with Tenant's Architect and Contractor to alter the Tenant Improvement Construction Documents necessary to cause the price quotation based thereon 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. (b) Included in the pricing for the Tenant Improvements shall be the cost of those Building Standard Materials not pre-purchased by Landlord which Tenant is obligated to purchase under this Work AgreementLetter, which shall be purchased by Tenant in appropriate quantities for the Premises, at the rates set out in Exhibit "C-1". The cost of ------------- such Building Standard Materials shall be charged against the Allowance, to the extent available. (c) If Tenant has, as a part of any specifications for the Tenant Improvements, designated Building Standard Materials or a standard that allows for equivalent quality items and would permit the use of Building Standard Materials, Landlord shall have the right, at Landlord's option and in Landlord's sole discretion, to sell those Building Standard Materials to Tenant at the a competitive price given for such item (on a unit cost basis) by the bidder selected to perform that portion of the work which will be using the Building Standard Materials in question. Any such costs shall be charged against the Allowance, to the extent available. (d) Included in the pricing will be the installation costs of the pre-purchased Building Standard Materials defined in ATTACHMENT "1". These materials are required to be utilized where similar types of materials are specified in the Tenant Improvement Construction Documents.

Appears in 1 contract

Samples: Lease Agreement (Carter William Co /Ga/)

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