Tenant Construction Administration Fee Sample Clauses

Tenant Construction Administration Fee. If Manager, at Owner’s request, acts as construction supervisor with respect to tenant improvements, Manager shall be entitled to additional compensation in accordance with Schedule A.
Sample 1
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Tenant Construction Administration Fee. The greater of (i) one percent (1%) of the project costs, and (ii) the amount agreed to be paid to Owner by the applicable tenant in connection with the construction supervision services related to the project. * Gross collections from tenants of the Property shall include, but not necessarily be limited to, basic rent; prepaid rent; rent increases; consumer price index adjustments; tax, utility, and operating cost pass throughs; lease termination payments and vending machine income. Leasing Fees Manager’s Fee Fees To Other Lease Agent & Cooperating Brokers Manager as Exclusive Broker New Leases 5.0% of rent collections** None Options 5.0% of rent collections** None Renewals 5.0% of rent collections** None Manager with Co-broker New Leases 2.5% of rent collections** Market rates and terms as approved by Owner Options 2.5% of rent collections** Market rates and terms as approved by Owner Renewals 2.5% of rent collections** Market rates and terms as approved by Owner Manager with Other Lease Agent New Leases 1.0% of rent collections** Market rates and terms as approved by Owner Options 1.0% of rent collections** Market rates and terms as approved by Owner Renewals 1.0% of rent collections** Market rates and terms as approved by Owner ** Rent collections from tenants of the Property shall include, but not necessarily be limited to, basic rent; prepaid rent; rent increases; and consumer price index adjustments. SCHEDULE B Services Beyond the Scope of the Basic Agreement Bank Lock Box Service Charges At cost Long distance telephone charges for collections and other lease enforcement, postage and messenger or overnight deliveries At cost Labels for mailings $10.00 + $.04 per unit per set of labels Bulk Materials reproduced at Manager’s offices $.15 per copy Accrual accounting statements If requested, fee shall be negotiated between Manager and Owner Manager’s or Accountant’s time for performance of items beyond the scope of this Agreement $80.00/hr. Manager’s Chief Engineer licensed Stationary Engineering and to oversee or trouble shoot mechanical systems as required $75.00/hr. Administrative Assistant’s time for performance beyond the scope of this Agreement $22.00/hr. Manager, Accountant, or Collection Manager - court appearances, depositions, warranty work beyond the scope of this Agreement $80.00/hr. Director of Property Management and/or Director of Operations’ time for performance of items beyond the scope of this Agreement; i.e., attendance at meetings, c...
Sample 1

Related to Tenant Construction Administration Fee

  • Construction Management Fee In connection with the Construction Projects, on a project by project basis, Property Manager shall be paid a fee equal to five percent (5%) of the hard costs for the project in question (the “Construction Management Fee”). The Construction Management Fee shall be payable from the Operating Account or from other funds timely provided by Company.

  • Disbursement of the Tenant Improvement Allowance Except as otherwise set forth in this Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursement shall be made pursuant to Landlord’s standard disbursement process), only for the following items and costs (collectively, the “Tenant Improvement Allowance Items”):

  • Disbursement of Tenant Improvement Allowance During the construction of the Tenant Improvements, Landlord shall make monthly disbursements of the Tenant Improvement Allowance for Tenant Improvement Allowance Items for the benefit of Tenant and shall authorize the release of monies for the benefit of Tenant as follows.

  • Law; Construction This Agreement and any claim, counterclaim or dispute of any kind or nature whatsoever arising out of or in any way relating to this Agreement (“Claim”), directly or indirectly, shall be governed by, and construed in accordance with, the internal laws of the State of New York.

  • Construction Fee A fee or other remuneration for acting as general contractor and/or construction manager to construct improvements, supervise and coordinate projects or to provide major repairs or rehabilitations on a Property.

  • General Construction 20.2.1. Binding Nature.............................................. 20.2.2. Entire Agreement............................................ 20.2.3. Governing Law............................................... 20.2.4. Indulgences Not Waivers..................................... 20.2.5. Titles Not to Affect Interpretation......................... 20.2.6.

  • Construction of the Tenant Improvements Landlord shall construct the Tenant Improvements in accordance with this exhibit and the construction contract to be executed by Landlord and its contractor(s). The construction contract for constructing the Tenant Improvements and the contractor(s) to perform the work shall be approved and/or selected, as the case may be, by Landlord at its sole and absolute discretion without the consent of Tenant.

  • Neutral Construction The parties to this Agreement agree that this Agreement was negotiated fairly between them at arm's length and that the final terms of this Agreement are the product of the parties' negotiations. Each party represents and warrants that it has sought and received legal counsel of its own choosing with regard to the contents of this Agreement and the rights and obligations affected hereby. The parties agree that this Agreement shall be deemed to have been jointly and equally drafting by them, and that the provisions of this Agreement therefore should not be construed against a party or parties on the grounds that such party or parties drafted or was more responsible for the drafting of any such provision(s).

  • Construction, Etc Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant. Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. For the avoidance of doubt, all Schedules and Exhibits attached to this Agreement shall be deemed to be a part hereof.

  • Specific Shall Not Limit General; Construction No specific provision contained in this Note shall limit or modify any more general provision contained herein. This Note shall be deemed to be jointly drafted by the Company and the Holder and shall not be construed against any person as the drafter hereof.

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