Common use of Tenant’s Space Plans Clause in Contracts

Tenant’s Space Plans. Landlord and Tenant acknowledge and agree that the plan prepared by the TI Architect attached to this Work Letter as Schedule 1 and the scope of work attached to this Work Letter as Schedule 2 (collectively, the “Space Plan”) and the preliminary budget attached to this Work Letter as Schedule 3 have been approved by both Landlord and Tenant. Landlord and Tenant further acknowledge and agree that any changes to the Space Plan requested by Tenant which increase the cost of the Tenant Improvements shall be included as part of the TI Costs. Tenant shall be solely responsible for all costs incurred by Landlord to alter the Building (or Landlord’s plans for the Building) as a result of any changes which Tenant requests after the date hereof but only if such costs cause the overall cost related to the Tenant Improvements to exceed the TI Allowance.

Appears in 4 contracts

Samples: Lease Agreement (Global Blood Therapeutics, Inc.), Lease Agreement (Global Blood Therapeutics, Inc.), Lease Agreement (Global Blood Therapeutics, Inc.)

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