Tenant Costs Sample Clauses
Tenant Costs. Tenant shall be responsible for any damages or other costs incurred by Landlord which are caused by (i) the acts or omissions of Tenant or its employees, agents or contractors while on the Expansion Premises; (ii) Tenant’s requests for changes to Building; or (iii) Tenant’s breach of the Lease or this Work Letter. The costs and damages shall be deducted from the Allowance provided for in Section 4 below.
Tenant Costs. The aggregate of all costs described in the following subparagraphs (a) through (e) of this Section 3.02 are hereinafter referred to collectively as "Tenant Costs." 3 EXHIBIT B 32
a) The Tenant Improvement Costs;
b) The cost of preparing and finalizing all drawings, specifications, finish schedules and the like as set forth in Sections 2.01(a) through (e) above;
c) Fees for architects, engineers, interior designers, and other professionals and design specialists reasonably incurred by Landlord or Tenant in connection with the Tenant Improvements;
d) The cost of making any and all changes in and to the Drawings and Specifications and any increased or decreased costs in the Tenant Improvement Costs resulting therefrom; and In the event the aggregate of Tenant Costs, as defined above, exceeds Landlord's Allowance for Tenant Costs, as specified in Section 3.01 above, then Tenant shall promptly pay the excess to Landlord upon demand; provided however, Tenant shall have the option to amortize up to $1.50 per square rentable square foot of such excess as Additional Rent paid monthly over the initial Lease Term at a 12% annual interest rate.
Tenant Costs. The Tenant shall, in addition to the above, be responsible for any costs or expensed incurred by the Landlord or the HRRA in respect of the Subleased Premises, and theTenant’s use, occupation, maintenance and repair of the Subleased Premises, as contemplated within this Sublease including, without restriction:
(a) costs of additional services require by the Tenant, or required at or within the Subleased Premises, whether provided by the Landlord or the HRRA, either at the request of the Tenant or due to the occupation and use of the Subleased Premises by the Tenant;
(b) costs or expenses imposed by the Landlord upon either the HRRA or the Tenant by virtue of the existence of this Sublease, any review or approval thereof, or any review or approval of the use, occupation, or alternation of the Subleased Premises by the Tenant; and
(c) costs or expenses imposed by the Landlord upon either the HRRA or the Tenant by virtue of signage required or otherwise provided in respect of the Tenant including, without restriction, the review, approval, amendment, generation, or maintenance of any such signage; all of which shall be payable upon demand or presentation of invoice therefor and shall be deemed to be, and be collectable in the same manner as Rent payable under this Sublease.
Tenant Costs. As of the Effective Date and continuing through the Second Extension Period, Tenant shall continue to pay Tenant’s Proportionate Share of Tenant Costs (as modified herein) except during those periods in which Tenant receives Abated Rent, as more particularly described herein.
Tenant Costs. (a) The cost of all items, goods and services for which Tenant, any other tenant or occupant of the Industrial Center or other third party (including insurers) is obligated to reimburse or indemnify Landlord (other than through the payment of a tenant’s share of Operating Expenses), including, but not limited to, replacement of any item covered by a warranty or guaranty.
(b) Any costs, including, but not limited to electrical service costs (including incremental air conditioning), to be paid separately by Tenant and/or other tenants of Landlord pursuant to Section 12 or similar provisions of such tenants’ leases, or for which any tenant directly contracts with a service provider.
(c) The cost of any utilities used by any tenant in the Industrial Center.
(d) Costs of any “tap fees” or any sewer or water connection fees for the benefit of any particular tenant in the Industrial Center.
(e) Any amounts specifically chargeable to or payable by any other tenant or occupant of the Industrial Center.
(f) Any increase in the cost of Landlord’s insurance caused by a specific use of another tenant or by Landlord.
Tenant Costs. Except as otherwise expressly provided in this Ground lease, all Alterations shall be without cost or expense to Landlord.
Tenant Costs. Landlord shall construct, at its cost (except as specifically set forth herein) the Tenant Improvements described in the Final Working Drawings. Landlord shall not be responsible for the costs of the Tenant Improvements to the extent that such costs are incurred by Landlord as a result of changes, other than Corrective Changes, requested by Tenant (subject to Landlord’s approval of the same) to the Final Working Drawings, (any such amounts are referred to herein as the “Tenant Costs”). Tenant Costs will be paid by Tenant to Landlord within thirty (30) days after Substantial Completion of the Tenant Improvements and submission of a final accounting of the cost of the Tenant Improvements and any Tenant Costs, taking into account any savings achieved due to Tenant changes to the Final Working Drawings.
Tenant Costs. To the extent that the plans and specifications ------------ reflect the scope of work described by the space plan, then Landlord, at its expense not to exceed the Tenant Improvement Allowance set forth above, shall cause the construction of the Tenant Improvements, using Landlord's building-standard methods and materials as modified by Tenant's pre-approved modifications to plans and specifications. To the extent that the revised construction budget exceeds the Tenant Improvement Allowance any such excess will be at Tenants expense ("Tenant's Costs"). Tenant's Costs shall be paid to Landlord as follows:
(i) Prior to commencement of construction of the Tenant Improvements, Tenant shall pay Landlord an amount equal to fifty (50%) percent of the Tenant's Costs, as such amount is then determined by reference to the construction budget.
(ii) When fifty (50%) of the Tenant Improvements are complete in accordance with the plans and specifications (as verified in writing by Landlord's architect), Tenant shall pay Landlord an amount equal to the remaining unpaid balance of Tenant's Costs as such amount can then be reasonably determined by Landlord based on available information.
(iii) Within ten (10) days following Landlord's submittal to Tenant of a final accounting of Tenant's Costs, Tenant shall pay Landlord the then remaining balance of Tenant's Costs, or Landlord shall reimburse Tenant as to any excess amounts previously paid, as the case may be. Tenant's Costs represent a reimbursement of monies expended by Landlord on Tenant's behalf. Payment when due shall be a condition to Landlord's continued performance under this Work Letter. Any delay in construction of the Tenant Improvements or in Tenant taking occupancy of the Premises resulting from Tenant's failure to make any Tenant's Costs payments when due shall be Tenant's responsibility. Tenant's failure to pay any portion of Tenant's Costs when due shall constitute a default under the Lease (subject to any applicable notice requirements or grace periods). EXHIBIT "C" RENT SCHEDULE MOHAWK TENANT MOHAWK INDUSTRIES SQUARE FOOTAGE 186,537 ANNUAL INFLATOR ("A") 3.00% ANNUAL INFLATOR ("B") 2.00% ANNUAL INFLATOR ("C") RATE PER SF $5.20 ANNUAL MONTHLY BASE RENT BASE RENT YEAR 1 $5.20 $ 969,992.40 $ 80,832.70 YEAR 2 $5.36 $ 999,092.17 $ 83,257.68 YEAR 3 $5.52 $l,029,064.94 $ 85,755.41 YEAR 4 $5.63 $1,049,646.24 $ 87,470.52 YEAR 5 $5.74 $1,070,639.16 $ 89,219.93 YEAR 6 $5.85 $1,092,051.94 $ 91,004.33 YEAR 7 $5.97 $1,...
Tenant Costs. Landlord's estimate of Tenant's Proportionate Share of Tenant Costs for calendar year 2012 is $3,702.11 per month.
Tenant Costs. Any tenant inducements, leasing commissions and rent free periods outstanding at the Closing Date (whether due or applicable before or after the Closing Date) shall be the responsibility of and assumed by the Purchaser and there shall be no adjustment in favour of the Purchaser on the Closing Date, provided however, that the Vendor is responsible for the cost of Landlord’s Work for leases signed up to and including the Closing Date.
