Reimbursement Allowance Sample Clauses

Reimbursement Allowance. Effective as of the Surrender Date, any unfunded amount of the Reimbursement Allowance provided under the Twenty-First Amendment shall be forfeited and shall not be available for application either to leasehold improvements or credit against rent.
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Reimbursement Allowance. Landlord shall reimburse Tenant the amount of $330,000.00 to compensate for moving and construction costs associated with Great Valley Parkway, which Landlord shall pay to Tenant within one (1) week after Tenant vacates the entire premises at 0 Xxxxx Xxxxxx Xxxxxxx.
Sample 1
Reimbursement Allowance. Landlord’s obligation to reimburse Tenant for Tenant’s construction of the Tenant Work shall be: (i) limited to actual costs incurred by Tenant in its construction of the Tenant Work; (ii) limited to an amount up to, but not exceeding, $20.00 multiplied by the Rentable Square Footage of the Premises (and specifically excluding the Telecom Space and the Reduction Space, if Tenant exercises its reduction option set forth in Paragraph 4 of the Amendment; provided, however, if Tenant does not exercise the option to reduce set forth in Paragraph 4 of the Amendment, the Reduction Space will be included in any calculation to determine the amount of the Reimbursement Allowance); and (iii) conditioned upon Construction Manager’s receipt of written notice (which notice shall be accompanied by invoices and documentation set forth below) from Tenant that the Tenant Work has been completed and accepted by Tenant. The cost of (A) all space planning, design, consulting or review services and construction drawings, (B) extension of electrical wiring from Landlord’s designated location(s) to the Premises, (C) purchasing and installing all building equipment for the Premises (including any submeters and other above building standard electrical equipment approved by Construction Manager), (D) required metering, re-circuiting or re-wiring for metering, equipment rental, consulting services, studies, construction services, cost of billing and collections, (E) materials and labor in constructing the Tenant Work, (F) furniture relocation, (G) construction management fees, (H) architectural and engineering fees, (I) voice and data cabling, (J) security system and equipment, (K) audio/visual equipment installed in the Premises, and (L) an asbestos survey of the Premises if required by applicable Law, shall all be included in the cost of the Tenant Work and may be paid out of the Reimbursement Allowance, to the extent sufficient funds are available for such purpose. Tenant acknowledges that an asbestos survey will probably be required by applicable Law and that the time required for such asbestos surveys should be incorporated in Tenant’s construction planning. Landlord agrees that Tenant shall be entitled to request disbursement of the Reimbursement Allowance hereunder at any time after the date of full execution of this Amendment and need not wait until the commencement of the First Extension Period. 1301 XXXXXXXX/KEY ENERGY SERVICES, INC. 21st Amendment
Sample 1
Reimbursement Allowance. Landlord shall reimburse Tenant up to a maximum of $250,000 in the aggregate for costs and expenses incurred by Tenant in finishing the interior space and making other improvements, upgrades, and modifications for the kitchen, bathrooms, and closet with slop sink described in Section 44 in the Remaining Space. These items may include, but are not limited to, toilets, sinks, counters, cabinets, flooring, tiles, lighting, mirrors, faucets, drywall, ceilings, doors, and handles. Landlord shall reimburse Tenant within 30 days of receipt of supporting documentation for the costs and expenses.
Sample 1

Related to Reimbursement Allowance

  • Reimbursement Costs (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law.

  • Improvement Allowance Landlord shall provide Tenant with an allowance for the costs (the “Allowance Costs”) of preparing the Premises for Tenant's initial occupancy (including the costs of Landlord’s Initial Construction) in an amount not to exceed the “Improvement Allowance,” as such term is defined in Section 1.1 of this Lease. Allowance Costs may include (i) up to $513,250 for architectural, engineering and other so-called “soft costs” and (ii) not to exceed $150,000 for the costs to cause the demolition of the Premises prior to the performance of Landlord’s Initial Construction. If requested by Tenant for any particular item(s) of Landlord’s Initial Construction in excess of $100,000, Landlord shall solicit bids from its general contractor who will solicit at least three (3) bids for each such item and shall promptly supply Tenant with such detailed information about bid requests and negotiations with contractors as Tenant may reasonably request, provided that any delays resulting from Tenant’s failure to act within two (2) business days upon the information supplied to it by Landlord shall constitute a Tenant Delay. In the case of each bid request, Landlord will accept the lowest responsible bid, unless Landlord and Tenant reasonably determine otherwise. Any HVAC control work shall be performed by AHA Consulting Engineers. Landlord shall notify Tenant of the total fixed-price construction cost of Landlord’s Initial Construction shown on such Construction Documents (the “Base Price”), including xxxx-ups as determined hereunder. The Base Price shall hereafter be subject to adjustment for Change Orders (if any). Costs of Building services or facilities (such as electricity, HVAC, and cleaning) actually required to implement Landlord’s Initial EAST\66392481.7 B-7 Construction and other variable costs to the extent required to be paid by Tenant under the Lease (such as for review, inspection, and testing) shall thereafter be added to the Base Price (as adjusted for Change Orders). A pro-rata share of the cost of the multi-tenant corridor, if applicable, which shall be constructed by Landlord, shall be added to the Base Price. All costs referred to in this paragraph shall be subject to reimbursement from the Improvement Allowance. In the event that the total fixed price of Landlord’s Initial Construction (as determined hereunder), together with any related costs reasonably estimated by Landlord, exceeds the Improvement Allowance, Landlord may from time to time require Tenant to pay such excess to Landlord before performing Landlord’s Initial Construction. Tenant shall be permitted to increase the Improvement Allowance (such increase being a “TI Allowance Increase”) to pay amounts otherwise due to Landlord under Section 7 below, subject to each of the following conditions:

  • Excess Expenses If the expenses for any Portfolio for any fiscal year (including fees and other amounts payable to the Adviser, but excluding interest, taxes, brokerage costs, litigation, and other extraordinary costs) as calculated every business day would exceed the expense limitations imposed on investment companies by any applicable statute or regulatory authority of any jurisdiction in which shares of a Portfolio are qualified for offer and sale, the Adviser shall bear such excess cost. However, the Adviser will not bear expenses of any Portfolio which would result in the Portfolio's inability to qualify as a regulated investment company under provisions of the Internal Revenue Code. Payment of expenses by the Adviser pursuant to this Section 5 shall be settled on a monthly basis (subject to fiscal year end reconciliation) by a reduction in the fee payable to the Adviser for such month pursuant to Section 3 and, if such reduction shall be insufficient to offset such expenses, by reimbursing the Trust.

  • TI Allowance Landlord shall provide to Tenant a tenant improvement allowance (collectively, the “TI Allowance”) as follows:

  • Expenses Reimbursement State Street shall be entitled to receive from the Fund on demand reimbursement for its cash disbursements, expenses and charges, excluding salaries and usual overhead expenses, as set forth in Schedule A.

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • Expense Allowance The Company shall reimburse the Executive for all reasonable and necessary expenses incurred by him from time to time in the performance of his duties hereunder, against receipts therefor in accordance with the then effective policies and requirements of the Company.

  • Fees, Expenses and Reimbursement (a) So long as the Administrator provides Administrative Services to the Company, it shall be entitled to receive reasonable and customary fees for such services as well as out-of-pocket expenses as may be agreed to by the Administrator and the Company pursuant to a separate written agreement.

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Relocation Allowance An employee who is promoted and required by agency policy to relocate his residence shall be granted time off with pay for one workday for this purpose. In addition, the employee shall be granted travel time to the new location based on the most direct route. No employee will be credited with more than the number of hours in the employee’s regular workday and such time shall not be counted as hours worked for the purpose of computing compensatory time or overtime.

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