Common use of Tenant Improvement Allowance Clause in Contracts

Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant improvement allowance (the “Tenant Improvement Allowance”) in the amount of up to, but not exceeding, Twenty Dollars ($20.00) per rentable square foot of the Premises (i.e., $1,605,840.00), for the costs of the design, permitting and construction of Tenant’s initial improvements which are permanently affixed to the Premises, including, without limitation, walls, electrical, mechanical, fire protection, plumbing, flooring, carpet, wall coverings and millwork (collectively, the “Tenant Improvements”). In no event shall Landlord be obligated to make disbursements pursuant to this Work Letter in a total amount which exceeds the Tenant Improvement Allowance. Tenant shall not be entitled to receive any cash payment or credit against Rent or otherwise for any portion of the Tenant Improvement Allowance which is not used to pay for the Tenant Improvement Allowance Items (as defined below); subject, however, to the terms of Section 4.07(e)(i) of the Lease regarding the reduction in the amount of the Letter of Credit Security in the event that the full amount of the Tenant Improvement Allowance is not used to pay for Tenant Improvement Allowance Items.

Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant improvement allowance (the “Tenant Improvement Allowance”) in the amount of up to, but not exceeding, Twenty exceeding Thirty-Two Dollars ($20.0032.00) per rentable square foot of the Premises (i.e., up to Six Hundred Sixty-Five Thousand Two Hundred Eighty Dollars ($1,605,840.00665,280.00), based on 20,790 rentable square feet in the Premises), for the costs of relating to (i) the design, permitting initial design and construction of Tenant’s initial improvements which are permanently affixed to the Premises, including, without limitation, walls, electrical, mechanical, fire protection, plumbing, flooring, carpet, wall coverings ; (ii) renovation of the restrooms located within the Premises; (iii) removal of all or a portion of the corridor on the fourth floor of the Building in accordance with Article 3 of the Lease; and millwork (iv) the Furnishings Credit (as defined in Section 2.2.8 below) (collectively, the “Tenant Improvements”). In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Tenant Improvement Allowance. Tenant shall not be entitled to receive any cash payment or credit against Rent or otherwise for any portion of the Tenant Improvement Allowance which is not used to pay for the Tenant Improvement Allowance Items (as such term is defined below); subject, however, to the terms of Section 4.07(e)(i) of the Lease regarding the reduction in the amount of the Letter of Credit Security in the event that the full amount of the Tenant Improvement Allowance is not used to pay for Tenant Improvement Allowance Items.

Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant improvement allowance (the “"Tenant Improvement Allowance”") in the amount of up to, but not exceeding, Twenty exceeding Thirty –Two Dollars ($20.0032.00) per rentable square foot of the Premises (i.e., up to One Million Two Hundred Forty-Three Thousand One Hundred Sixty-Eight Dollars ($1,605,840.001,243,168.00) based on 38,849 rentable square feet of the Premises), to help Tenant pay for the costs of the design, permitting and construction of Tenant’s 's initial improvements which are permanently affixed to the Premises, including, without limitation, walls, electrical, mechanical, fire protection, plumbing, flooring, carpet, wall coverings and millwork Premises (collectively, the “"Tenant Improvements”"); provided, however, that Landlord shall have no obligation to disburse all or any portion of the Tenant Improvement Allowance to Tenant unless Tenant makes a request for disbursement pursuant to the terms and conditions of Section 2.2 below prior to that date which is nine (9) months after the Lease Commencement Date. In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Tenant Improvement Allowance. Tenant shall not be entitled to receive any cash payment or credit against Rent or otherwise for any unused portion of the Tenant Improvement Allowance which is not used to pay for the Tenant Improvement Allowance Items (as defined below); subject, however, to the terms of Section 4.07(e)(i) of the Lease regarding the reduction in the amount of the Letter of Credit Security in the event that the full amount of the Tenant Improvement Allowance is not used to pay for Tenant Improvement Allowance Items.

Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant improvement allowance (the “Tenant Improvement Allowance”) in the amount of up to, but not exceeding, Twenty exceeding Sixty Dollars ($20.0060.00) per rentable usable square foot of the Premises Expansion Space (i.e., up to Four Hundred Twenty-Seven Thousand Eight Hundred Dollars ($1,605,840.00427,800.00), for the costs based on 7,130 usable square feet of the designExpansion Space (with the usable square feet of the Expansion Space modified for purposes of calculating the Tenant Improvement Allowance and excludes, permitting for this purpose, the usable square footage comprising the balconies and construction of Tenant’s initial improvements which are permanently affixed to restrooms in the Premises, including, without limitation, walls, electrical, mechanical, fire protection, plumbing, flooring, carpet, wall coverings and millwork Premises (collectively, 1,151 usable square feet in the aggregate)) (the “Tenant Improvements”). In the event the costs of the Tenant Improvements exceed the Tenant Improvement Allowance, Tenant shall pay such amount to Landlord in cash, prior to construction of the Tenant Improvements. In no event shall Landlord be obligated to make disbursements pursuant to this Work Letter Agreement in a total amount which exceeds the Tenant Improvement Allowance. Tenant shall not be entitled to receive any cash payment or credit against Rent rent or otherwise for any portion of the Tenant Improvement Allowance which is not used to pay for the Tenant Improvement Allowance Items (as such term is defined below); subject, however, to the terms of Section 4.07(e)(i) of the Lease regarding the reduction in the amount of the Letter of Credit Security in the event that the full amount of the Tenant Improvement Allowance is not used to pay for Tenant Improvement Allowance Items.

Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant improvement allowance (the “"Tenant Improvement Allowance”") in the amount of up to, but not exceeding, Twenty Dollars ($20.00) 25.00 per rentable square foot of the Premises (i.e., $1,605,840.00), for the costs of relating to (i) the design, permitting initial design and construction of Tenant’s initial improvements 's improvements, which are permanently affixed to the Premises, including(ii) any ornamental lighting fixtures above the entrance alcove to the Building, without limitation, walls, electrical, mechanical, fire protection, plumbing, flooring, carpet, wall coverings and millwork and/or (iii) the replacement of the existing security desk on the ground floor of the Building (collectively, the “"Tenant Improvements”"). In no event shall Landlord be obligated to make disbursements pursuant to this Tenant Work Letter in a total amount which exceeds the Tenant Improvement Allowance. Tenant shall not be entitled to receive any cash payment or credit against Rent or otherwise for any Any unused portion of the Tenant Improvement Allowance which is not used to pay for the Tenant Improvement Allowance Items (as defined below); subject, however, to the terms of Section 4.07(e)(i) of the Lease regarding the reduction in the amount of the Letter of Credit Security in the event that the full amount upon completion of the Tenant Improvement Allowance is Improvements will not used be paid to pay for Tenant Improvement Allowance Itemsor be available to Tenant as a credit against any obligations of Tenant under the Lease.