Tenant’s Costs. Tenant shall pay to Landlord, upon demand, all out-of-pocket costs actually incurred by Landlord in connection with Tenant’s Alterations, including costs incurred in connection with (a) Landlord’s review of the Alterations (including review of requests for approval thereof) and (b) the provision of Building personnel during the performance of any Alteration, to operate elevators or otherwise to facilitate Tenant’s Alterations. In addition, if Tenant’s Alterations (excluding Decorative Alterations) cost more than $25,000, Tenant shall pay to Landlord, upon demand, an administrative fee in an amount equal to three percent (3%) of the total cost of such Alterations, excluding costs of the types identified as “soft costs” under the Work Letter. At Landlord’s request, Tenant shall deliver to Landlord reasonable supporting documentation evidencing the hard and soft costs incurred by Tenant in designing and constructing any Alterations.
Appears in 2 contracts
Samples: Lease (Marchex Inc), Lease (Marchex Inc)
Tenant’s Costs. Tenant shall pay to Landlord, upon demand, all out-of-pocket third costs actually incurred by Landlord in connection with Tenant’s Alterations, including costs incurred in connection with (a) Landlord’s review of the Alterations (including i.e., cost of architectural and engineer review of requests fees incurred in connection with the request for approval thereof) ), except in connection with Decorative Alterations, and (b) the provision of Building personnel during the performance of any Alteration, to operate elevators or otherwise to facilitate the Alterations after Ordinary Business Hours if requested by Tenant’s Alterations. In addition, if Tenant’s the Alterations (excluding Decorative Alterations) cost more than exceed $25,000, Tenant shall pay to Landlord, upon demand, an administrative fee in an amount equal to three five percent (35%) of the total cost of such Alterations, excluding costs any Alterations other than Decorative Alterations (which shall be inclusive of any of the types identified as “soft foregoing third party costs” under the Work Letter. At ), in which event, at Landlord’s request, Tenant shall deliver to Landlord reasonable supporting documentation evidencing the hard and soft costs incurred by Tenant in designing and constructing any Alterations.
Appears in 1 contract
Samples: Lease (ChromaDex Corp.)
Tenant’s Costs. Tenant shall pay to Landlord, upon demand, all out-of-pocket of- pocket, reasonable costs actually incurred by Landlord in connection with Tenant’s Alterations, including costs incurred in connection with (a) Landlord’s review of the Alterations (including review of requests for approval thereof) and (b) the provision of Building personnel during the performance of any Alteration, to operate elevators or otherwise to facilitate Tenant’s Alterations. In addition, if Tenant’s Alterations (excluding Decorative Alterations) cost more than $25,000, Tenant shall pay to Landlord, upon demand, an administrative fee in an amount equal to three percent (3%) % of the total cost of such any Alterations, excluding costs unless Tenant secures the services of a construction manager reasonably acceptable to Landlord, in which case the administrative fee shall be 1% of the types identified as “soft costs” under total cost of the Work LetterAlterations. At Landlord’s request, Tenant shall deliver to Landlord reasonable supporting documentation evidencing the hard and soft costs incurred by Tenant in designing and constructing any Alterations.
Appears in 1 contract
Samples: Lease (Achieve Life Sciences, Inc.)