SUBSTITUTIONS AND CREDITS Sample Clauses

SUBSTITUTIONS AND CREDITS. With Landlord’s prior written consent, Tenant may substitute items or materials for Building Standard items or materials; however, no credit shall be due Tenant for any cost savings resulting from such substitution.
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SUBSTITUTIONS AND CREDITS. (a) Except for light fixtures, doors and door frames, hardware, and ceilings, Tenant may select different materials (hereinafter "substituted materials") in place of Building Standard materials which would otherwise be initially furnished and installed by Landlord in the interior of the Premises under the provisions of this Work Letter, provided such selection is indicated on Tenant's plans and specifications as approved by Landlord. If Tenant shall make any such selection Tenant shall pay to Landlord, as hereinafter provided, Landlord's additional costs resulting from such substitution.
Sample 1
SUBSTITUTIONS AND CREDITS. Tenant may select other available materials in place of Building Standard materials (which are defined as those materials designated by Landlord, at its option, for general use in the Building) provided that such selection is approved in writing by Landlord and that such other materials constitute a "substitution in kind" as hereinafter described. Landlord shall have no duty to approve any proposed substitution. Tenant agrees to pay to Landlord within ten (10) days after receipt of bills therefor (which bills may be rendered by Landlord from time to time during the course of the Work or any time) an amount equal to the excess of the Landlord's cost for acquiring and installing such substituted materials over the cost which Landlord would have incurred in acquiring and installing the Building Standard materials that were replaced thereby. Credit shall be granted only to the extent of substitutions in kind. For example, a lighting fixture credit may be applied only against the cost of another lighting fixture and an electrical outlet credit may not be applied against the cost of bank screen partitions.
Sample 1
SUBSTITUTIONS AND CREDITS. Tenant may specify a substitution of any item of Initial Alterations, excepting those items for which substitution is specifically prohibited, provided: (a) such substitution shall be of like nature and of equal or greater cost and quality than that for which such substitution was made; and (b) that Landlord shall install such substitution; and (c) that Tenant shall pay the cost of such substitution (including reasonable percentages charged by the contractor for overhead and profit) but Tenant shall be entitled to a credit for that for which such substitution was made based on Landlord's cost thereof.
Sample 1
SUBSTITUTIONS AND CREDITS. Tenant may select different new materials (except exterior window draperies) in place of Building Standard materials which would otherwise be initially furnished and installed by Landlord in the interior of the Leased Premises under the provisions of this Exhibit C provided such selection is indicated on the Plans and Specifications or Exhibit C-1 attached. If Tenant shall make any such selection and if the cost of such different new materials of Tenant's selection shall exceed Landlord's cost of Building Standard Work materials thereby replaced, Tenant shall pay to Landlord, as provided herein, the difference between the cost of such different new materials and the credit given by Landlord for the materials thereby replaced. No such different new materials shall be furnished and installed in replacement for any Building Standard materials until Landlord has submitted an estimate to Tenant in writing of the increased cost thereof and Landlord and Tenant have agreed in writing on the increased cost of such different new materials and installation in excess of the cost of Building Standard Work. If Tenant approves such estimate, it shall notify Landlord in writing within seven (7) calendar days and Landlord's contractor shall proceed with such work. If Tenant shall fail to approve such estimate within seven (7) calendar days after the submission thereof, such failure is to be deemed a disapproval thereof, and Landlord's contractor shall proceed with the Building Standard Work in lieu of the proposed substituted work. All amounts payable by Tenant to Landlord pursuant to this paragraph 4 shall be paid by Tenant pursuant to the terms of paragraph 3 hereof. Any such different new materials which become a permanent part of the Leased Premises shall be surrendered by Tenant to Landlord at the end of the Lease Term or any Renewal Term of the Lease. For any materials deleted by Tenant from the Plans and Specifications, credit shall be granted at the time the deleted Building Standard Work would have been completed for other Building Standard Work or Building NonStandard Work specified by Tenant.
Sample 1
SUBSTITUTIONS AND CREDITS. 1. Tenant may request that Landlord substitute alternate materials, equipment and fixtures for those specified in Part B provided that such substitute items are new and are of a quality at least comparable to those replaced. In addition, Tenant may request that Landlord omit the installation of any item or items not therefore installed, in which event Landlord shall thereupon be released from any obligation to install the same at any time thereafter.
Sample 1
SUBSTITUTIONS AND CREDITS. Tenant may select different materials (except exterior window blinds) in place of Building Standard materials which would otherwise be initially furnished and installed by Landlord in the Interior of the Leased Premises under the provisions of this Exhibit B, provided such selection is indicated on Tenant's space plans and specification as approved by Landlord. If Tenant selects interior finish items, such as wall paint, and/or wall coverings, fixtures and carpeting different from Landlord's Building Standard Work, Tenant shall notify Landlord of all such selections in writing with the submission of plans provided by Tenant or on the Space Plan Approval Date. All interior decorating items and services selected by Tenant in excess of Building Standard Work shall be provided by Tenant at Tenant's sole cost and expense after approval by Landlord. If Tenant shall make any such selection, Tenant shall pay to Landlord, as hereinafter provided, the difference between the cost of such different materials and the credit given by Landlord for the materials thereby replaced plus a fee of ten percent (10%) of the difference, if any, for Landlord's additional costs resulting from such substitution.
Sample 1
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Related to SUBSTITUTIONS AND CREDITS

  • Prorations and Credits The following items in this Section 5.4 shall be adjusted and prorated between Seller and Purchaser as of 11:59 P.M. on the day preceding the Closing, based upon the actual number of days in the applicable month or year:

  • Refunds and Credits Any refunds and credits attributable to the Pre-Closing Tax Period shall be for the account of the Seller and any refunds and credits attributable to the period which is not part of the Pre-Closing Tax Period shall be for the account of the Buyer.

  • Limitation on Investments, Loans and Advances Make any advance, loan, extension of credit or capital contribution to, or purchase any stock, bonds, notes, debentures or other securities of or any assets constituting a business unit of, or make any other investment in, any Person, except:

  • Limitations Pertaining to Capital Contributions 5.2.1: Except as otherwise specifically provided in this Agreement, or as otherwise provided by law, no Member shall have the right to withdraw from the Company or to demand or receive a return of his capital without the consent of the Manager. Upon return of any Capital Contributions, no Member shall have the right to receive property other than cash except as may be specifically provided herein.

  • Mergers, Consolidations, Amalgamations or Replacements of the Trust The Trust may not merge with or into, consolidate, amalgamate, or be replaced by, or convey, transfer or lease its properties and assets substantially as an entirety to any corporation or other body, except pursuant to this Section 9.5 or Section 9.4. At the request of the Depositor, with the consent of the Administrative Trustees and without the consent of the Holders of the Preferred Securities, the Property Trustee or the Delaware Trustee, the Trust may merge with or into, consolidate, amalgamate, or be replaced by or convey, transfer or lease its properties and assets substantially as an entirety to a trust organized as such under the laws of any State, provided, that:

  • Allocations of Collections 35 SECTION 10. Payments..................................................................................................47 SECTION 11.

  • Additional Conditions to Letters of Credit If the issuance of a Letter of Credit is requested, all conditions set forth in Section 2.3 shall have been satisfied.

  • Limitation on Modification of Accounts None of the Grantors will, without the Collateral Agent's prior written consent, grant any extension of the time of payment of any of the Accounts Receivable, compromise, compound or settle the same for less than the full amount thereof, release, wholly or partly, any person liable for the payment thereof or allow any credit or discount whatsoever thereon, other than extensions, credits, discounts, compromises or settlements granted or made in the ordinary course of business and consistent with its current practices and in accordance with such prudent and standard practices used in industries that are the same as or similar to those in which such Grantor is engaged.

  • Specific Amendments to Credit Agreement The parties hereto agree that the Credit Agreement is amended as follows:

  • Payments to Lenders If a Lender (a “Recovering Lender”) receives or recovers any amount from an Obligor other than in accordance with Clause 29 (Payment mechanics) and applies that amount to a payment due under the Finance Documents then:

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