TENANT FINISH ALLOWANCE. The City shall provide Tenant with a Tenant Finish Allowance as outlined in Exhibit “B”. The Tenant shall repay the City for said expenditure with equal payments on a monthly, quarterly or annual basis over the 5 year term of this Lease. An annual interest rate of 3.99% shall be applied to the outstanding balance. In the event the Lease shall be terminated for any reason prior to completion of the full 5 year term, the balance of the Tenant Finish Allowance remaining due and unpaid shall balloon and become due and payable in full within ninety days of the effective date of said early termination.
TENANT FINISH ALLOWANCE. Landlord shall provide a tenant finish allowance (the "Allowance") of $12.00 per square foot ($259,200.00) to be applied toward interior improvements in the expansion space. Tenant shall bear the entire cost of any interior improvements to be installed by Landlord in the premises in excess of the Allowance of $259,200.00 and shall pay for such excess over the Allowance as hereinafter provided. In the event Landlord is to construct the interior improvements and the estimated cost for same exceeds the Allowance, Tenant shall pay to Landlord (assuming Landlord's approval of the working drawings referred to herein) prior to commencement of such construction, an advance payment equal to one-half (1/2) of the mount of such excess over the Allowance as reasonably estimated by Landlord. Notwithstanding any provision contained herein to the contrary, it is understood and agreed that Landlord shall have no obligation to commence installation of any interior improvements until (a) Tenant shall have furnished to Landlord and Landlord shall have approved the final working drawings as required by the provision hereof, (b) Landlord shall have received Tenant's advance payment (described above) for the amount of the cost of improvements in excess of the Allowance and (c) Landlord and Tenant shall have approved the total cost of any change order. Upon Substantial Completion of the installation of the interior improvements and prior to occupancy by Tenant, Tenant shall pay Landlord the remainder of the actual amount of the excess cost incurred over the Allowance. In no event shall credit be given to Tenant for any Allowance not utilized. All improvements must comply with Xxxxxxxx Xxxx Company's standard specifications (see Standards and Specifications for Office/Warehouse Buildings) ----------------------------------------------------------- and all applicable governmental regulations. Prior to beginning construction of any such improvements, Tenant shall submit architectural drawings of the proposed improvements to Landlord and shall obtain Landlord's written consent to begin construction. Initial______ ______ Date_________ ______
TENANT FINISH ALLOWANCE. Landlord and Tenant agree that in ----------------------- lieu of Landlord constructing certain improvements to the Premises to induce Tenant to enter into this Lease with Landlord, Landlord shall grant to Tenant an allowance of Seven and 50/100ths Dollars ($7.50) per square foot for the entire Premises to construct improvements to the Premises. Such allowance shall be granted by Landlord to Tenant on annual basis, pro rated over the original Term of the Lease. Subject to paragraph 10 hereof, any improvements or modifications to the Premises proposed by Tenant shall be subject to the prior written consent and approval of Landlord; provided, however that such consent and approval shall not be unreasonably withheld.
TENANT FINISH ALLOWANCE. Landlord shall provide a tenant finish allowance to Tenant in the amount of $100,000 (the “Allowance”). Landlord shall disburse an amount not in excess of the Allowance on or before May 31, 2011 to pay for costs that Tenant incurs at Tenant’s election to repair the heating, ventilation, and air conditioning systems at the Premises, repair or replace warehouse light fixtures that have bad ballasts, replace metal halide light fixtures with T5 or T8 energy efficient fluorescent fixtures, re-carpeting, painting, or any other repair or improvement of the Premises. If Tenant wishes to improve the Premises at any time after execution of this Amendment, Tenant must comply with Section 18 of the Original Lease. Landlord shall disburse the Allowance from time to time, but not more often than once per month, within ten days after Tenant provides evidence to Landlord reasonably substantiating Tenant’s incurring of such costs in a manner that will not result in any claim of a mechanic’s lien against the Premises.
TENANT FINISH ALLOWANCE. Landlord will provide Tenant a tenant finish allowance of [***]. Any amount in excess of such tenant finish allowance will be the responsibility of Tenant, to be paid within ten (10) business days of completion of construction by contractor. In addition to providing the above allowance, Landlord agrees that the first three (3) months of rent (for a total of [***]) shall be in lieu of additional tenant finish. Landlord will choose contractor for tenant finish. Construction will be completed in phases and will commence after plans have been approved by Regional Building but in no event sooner than December 1, 2003.
TENANT FINISH ALLOWANCE. Landlord shall provide Tenant a Tenant Finish Allowance of $8.00 per R.S.
F. This allowance shall be used first by Landlord to offset actual Tenant finish costs, and second to offset related costs incurred by Tenant, such as design, moving or installation of data/voice wiring. Any portions of the Tenant Finish Allowance remaining shall be retained by the Landlord.
TENANT FINISH ALLOWANCE. $75.00 per rentable square foot of the Premises plus $25,000.00 (the “Doorway Allowance”) in consideration of Tenant making the doorway improvements described in Section 6.1.
TENANT FINISH ALLOWANCE. Landlord agrees to install, at its sole cost, a finished ceiling. Tenant agrees to pay ten thousand dollars ($10,000.00) to Landlord upon lease execution for tenant finishes. Landlord agrees to provide Tenant with a turnkey of tenant finishes for the premises as depicted in the pricing drawings dated 11/18/97 as drawn by Calsten & Associates, a copy of which is attached hereto as Exhibit B.
TENANT FINISH ALLOWANCE. Landlord shall provide a Tenant Finish Allowance to complete all improvements to the Leased Premises, in accordance with the plans and specifications to be mutually agreed upon, up to the sum of $23.50 per Rentable square foot (30,226 rsf) or $710,311.00. The Tenant Finish Allowance is below a “finished ceiling”. Landlord will provide window blinds, light fixtures, ceiling tile, HVAC duct extensions, diffusers and returns. The cost of the installation of these items to Tenant specifications including architectural services and permit fees shall be a part of this allowance. Tenant shall have the right to bid construction of the premises and select the contractor. A Landlord Supervisory Fee equal to two percent (2%) shall be charged and invoiced by Landlord in the event Landlord is not selected as General Contractor. In the event the Tenant finish costs exceed the Tenant Finish Allowance as described above, these additional costs shall be amortized into the Lease at an interest rate of 11% per year and not to exceed an additional $5.00 per rentable square foot.
TENANT FINISH ALLOWANCE. Landlord shall provide Tenant an allowance of $172,668.00 (“Second Amendment Allowance”) to be used for improvements to Suite 100 (the first floor portion of the Demised Premises) only. This allowance is in lieu of any and all unused allowances provided for under the existing Lease and/or First Amendment, all of which are void and of no further force or effect. Improvements Tenant desires to make shall be subject to Section 8.12 of the Original Lease, and the Second Amendment Allowance shall be paid to Tenant in accordance with Section 3.03(b) of the Work Letter attached as Exhibit D to the Original Lease. Additionally, Landlord has previously paid for one round of space planning conducted for Tenant by Communication Arts with respect to this Second Amendment.
