Common use of Tenant Improvements Defined Clause in Contracts

Tenant Improvements Defined. As used herein, “Tenant Improvements” shall mean all improvements to the Premises of a fixed and permanent nature (including a fume hood) as shown on the TI Construction Drawings, as defined in Section 2(c) below. Other than the performance of Landlord’s Work (as defined in Section 3(a) below) and the payment of the TI Costs (as defined in Section 5(a) below) in accordance with the terms of this Work Letter, Landlord shall not have any obligation whatsoever with respect to the finishing of the Premises for Tenant’s use and occupancy.

Appears in 3 contracts

Samples: Lease Agreement (Avidity Biosciences, Inc.), Lease Agreement (Avidity Biosciences, Inc.), Lease Agreement (Avidity Biosciences, Inc.)

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Tenant Improvements Defined. As used herein, “Tenant Improvements” shall mean all improvements to the Premises Project of a fixed and permanent nature (including a fume hood) as shown on the TI Construction Drawings, as defined in Section 2(c) below, and the alteration or update, as reasonably determined by Landlord, of the HVAC control system serving the Premises. Other than the performance of Landlord’s Work (as defined in Section 3(a) below) and the payment of the TI Costs (as defined in Section 5(a) below) in accordance with the terms of this Work Letter, Landlord shall not have any obligation whatsoever with respect to the finishing of the Premises for Tenant’s use and occupancy.

Appears in 2 contracts

Samples: Lease Agreement (Ultragenyx Pharmaceutical Inc.), Lease Agreement (Dimension Therapeutics, Inc.)

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Tenant Improvements Defined. As used herein, “Tenant Improvements” shall mean all improvements to the Premises of a fixed and permanent nature (including a fume hood) as shown on the TI Construction Drawings, as defined in Section 2(c) below, which shall be constructed using finishes comparable to the finishes of the improvements in the premises occupied by Tenant at the Project as of the date of the Lease. Other than the performance of Landlord’s Work (as defined in Section 3(a) below) and the payment of the TI Costs (as defined in Section 5(a) below) in accordance with the terms of this Work Letter), Landlord shall not have any obligation whatsoever with respect to the finishing of the Premises for Tenant’s use and occupancy.

Appears in 1 contract

Samples: Lease Agreement (Arcturus Therapeutics Ltd.)

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