TENANT’S INITIAL CONSTRUCTION Sample Clauses
The Tenant’s Initial Construction clause defines the tenant’s rights and obligations regarding the construction or installation of improvements within the leased premises at the start of the lease term. Typically, this clause outlines the scope of permitted work, approval processes for construction plans, and compliance with applicable laws and building codes. It may also address timelines, responsibility for costs, and requirements for restoring the premises. The core function of this clause is to ensure that any initial alterations or build-outs by the tenant are clearly regulated, protecting both parties’ interests and preventing disputes over the condition and use of the property.
TENANT’S INITIAL CONSTRUCTION. Tenant at Tenant’s expense, subject to payment of the Improvement Allowance and the Space Planning Allowance in accordance with Exhibit B attached hereto, shall perform all Tenant Work considered necessary or desirable by Tenant to make the Premises ready for Tenant’s occupancy (“Tenant’s Initial Construction”) in accordance with the provisions of Exhibit B. Any portion of the Improvement Allowance that is not disbursed to Tenant within nine (9) months of the Term Commencement Date shall be applied towards Tenant’s Annual Fixed Rent obligation hereunder.
TENANT’S INITIAL CONSTRUCTION. Article 5 of the Lease is hereby deleted in its entirety.
TENANT’S INITIAL CONSTRUCTION. Tenant at Tenant's expense subject to payment of the Improvement Allowance by Landlord shall perform all Tenant Work considered necessary or desirable by Tenant to make the Premises ready for Tenant's occupancy ("Tenant's Initial Construction") in accordance with the provisions of Exhibit B.
TENANT’S INITIAL CONSTRUCTION. Tenant at Tenant’s expense, subject to payment of the Improvement Allowance and Space Planning Allowance and the performance by Landlord of the work in Exhibits ▇-▇, ▇-▇ and B-3, shall perform all work Tenant considers necessary or desirable by Tenant to make the Premises ready for Tenant’s occupancy (“Tenant’s Initial Construction”) in accordance with the provisions of Exhibit B. In connection with the design and construction of Tenant’s Initial Construction, Tenant shall comply with Landlord’s then existing construction project rules and regulations.
TENANT’S INITIAL CONSTRUCTION