Common use of TI Allowance Clause in Contracts

TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance ("TI ALLOWANCE") of $95 per rentable square foot of the Premises or $4,512,500 based upon the Premises containing 47,500 rentable square feet. Within 5 business days of receipt of the Budget from Landlord, Tenant shall notify Landlord how much TI Allowance Tenant has elected to receive from Landlord. Such election shall be final and binding on Tenant, and may not thereafter be modified without Landlord's consent, which may be granted or withheld in Landlord's sole and absolute discretion. The TI Allowance shall be disbursed in accordance with this Work Letter.

TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance ("“TI ALLOWANCE"Allowance”) in increments of $95 25.00 per rentable square foot with a maximum of $125.00 per rentable square foot of the Premises or $4,512,500 based upon the Premises containing 47,500 rentable square feetPremises. Within 5 business days of receipt after delivery of the Budget from to Landlord, Tenant shall notify Landlord how much TI Allowance Tenant has elected to receive from Landlord. Such election shall be final and binding on Tenant, and may not thereafter be modified without Landlord's ’s consent, which may be granted or withheld in Landlord's ’s sole and absolute discretion. The TI Allowance shall be disbursed in accordance with this Work Letter.

TI Allowance. Landlord shall provide to Tenant a tenant improvement allowance TI Allowance ("TI ALLOWANCE") in the amount of $95 150 per rentable square foot of the Premises or Expansion Space not to exceed an aggregate Tenant Improvement Allowance of $4,512,500 based upon the Premises containing 47,500 rentable square feet3,000,000. Within 5 business days of receipt of the Budget from LandlordBefore commencing any Tenant's Work, Tenant shall notify Landlord how much TI Allowance Tenant has elected to receive from Landlord. Such election shall be final and binding on Tenant, and may not thereafter be modified without Landlord's consent, which may be granted or withheld in Landlord's sole and absolute discretion. The TI Allowance shall be disbursed by Landlord in accordance with this Work Letter.