Upfit Cost Sample Clauses

Upfit Cost. In consideration of the work to be performed by Landlord per Section 1(b) of this Lease and as detailed in Exhibit B, Tenant shall pay to Landlord monthly installments of $791.21 during each month of the four year term of this Lease, not including the short month. In the event Tenant chooses to extend this lease as allowed by this Lease, Tenant shall pay an upfit rent in the amount of $51.97 (instead of $791.21) during each month of all extension terms, if any.
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Upfit Cost. In consideration of the upfit to be performed by Landlord per Section 1(a1) of this lease and detailed in Exhibit A, Tenant shall pay to Landlord $5,184.60 in monthly installments during each month of the six year term of this lease, not including the Short Month, and such payment shall be due on the first day of the month. The Tenant has established a lease upfit contingency to cover matters that may result from Tenant requested change orders necessary for the upfit. The Landlord shall notify and request in writing to the Tenant any amount from the lease upfit contingency necessary to complete any such change orders requested. Within three (3) business days of Landlord’s notification, Tenant shall deny or approve in writing the Landlord’s request for use of the lease upfit contingency and if Tenant fails to respond within three (3) business days the request shall be deemed denied. The Landlord’s Contractor shall not proceed with any change order work without written authorization from the Tenant. Any approved lease contingency upfit funding shall be paid to the Landlord in a lump sum payment within 30 days of the Date of Commencement as defined in Section 1(b)(1) of this lease.
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Upfit Cost. In consideration of the upfit to be performed by Landlord per Section 1(a1) of this lease and detailed in Exhibit A, Tenant shall pay to Landlord monthly installments of $9,973.01 during each month of the six year term of this lease, not including the short month. In the event the Tenant chooses to extend this lease as allowed by this lease, Tenant shall pay an upfit rent during each month of said extension term in the amount of $828.34, comprised of $450.17 for elevator depreciation and $378.17 for HVAC depreciation. The Tenant has established a lease upfit contingency to cover matters that may result from Tenant requested change orders necessary for the upfit. The Landlord shall notify and request in writing to the Tenant any amount from the lease upfit contingency necessary to complete any such change orders requested. The Tenant shall deny or approve in writing the Landlord’s request for use of the lease upfit contingency. The Landlord’s Contractor shall not proceed with any change order work without written authorization from the Tenant. Any approved lease contingency upfit funding shall be paid to the Landlord in a lump sum payment within 30 days after the Date of Commencement as defined in Section 1(b)(1) of this lease, or 30 days after the contingency upfit work has been completed, whichever is later.
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Upfit Cost. In consideration of the work to be performed by Landlord per Section 1(a1) of this lease and detailed in Exhibit A, Tenant shall pay to Landlord a lump sum of $8,400.00 within thirty (30) days of satisfactory completion of the work.
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Related to Upfit Cost

  • Project Cost a. The estimated cost of the Project is $ 97,740.00. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", attached to and incorporated in this Agreement. Exhibit “B” may be modified by mutual execution of an amendment as provided for in paragraph 5.i.

  • Total Project Cost The total cost of the Project is $36,378,683, of which (i) a match is being contributed in the amount of $21,000,000 shall be Matching Funds, and (ii) $15,378,683 shall be provided by the Grant. The total estimated cost of the Project is based upon the Budget. To the extent that the actual cost of the Project exceeds $36,378,683, Grantee shall be solely responsible for such excess. Grantee shall monitor the Budget and submit an amended Budget to Triumph in the event that (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget increases or decreases by greater than five percent (5%), (c) the Budget increases or decreases by greater than five percent (5%) within a particular Budget category, and/or (d) Grantee’s portion of the Matching funds decreases by greater than five percent (5%). If Grantee proposes an increase or decrease by greater than five percent (5%) as described above as compared to the most recently approved Budget, such proposal shall be submitted to Triumph in writing along with a proposed amended Budget, and Triumph shall have the right to approve or disapprove both the proposed Budget category increase or decrease and the proposed amended Budget. If Grantee fails to obtain Triumph's approval, that failure shall be sufficient cause for nonpayment by Triumph as provided in Section 4.2(f). Using the Grant, its own funds, and funds from other sources (including, but not limited to, the Matching Funds), Grantee agrees to bear the entire cost and expense of the Project, including but not limited to, all costs and all expenses in excess of the total estimated cost of the Project, it being expressly understood and agreed that the Grant shall operate only to pay, on and subject to the terms and conditions set forth herein, a portion of the costs and expenses of the Project. Furthermore, Grantee agrees to spend all of the Matching Funds as contemplated in the Budget, and agrees that its failure to do so shall be deemed a material breach of this Agreement.

  • Construction Cost 3.1. Construction Cost does not include the fees of the ARCHITECT/ENGINEER and consultants, the cost of the land, rights- of-way, or other costs, which is the responsibility of the State as provided in Paragraphs 2.2 through 2.3. or any of the contingencies available for the project unless specifically stated otherwise.

  • Aid Allowance An employee who has been appointed by the Employer and trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. Xxxx's Ambulance or similar body shall be paid weekly an allowance as detailed in Appendix A. The Employer will always appoint the appropriate number of First Aid Officers as required by relevant legislation and Code of Practice.

  • Per Diem Allowance A per diem allowance of seven dollars and thirty-five cents ($7.35) may be claimed for each twenty-four (24) hour period while away from home.

  • Overtime Meal Allowance ‌ An employee who works two and one-half hours of overtime immediately before or following his/her scheduled hours of work shall receive a meal allowance of seven dollars. One-half hour with pay shall be allowed the employee in order that he/she may take a meal break either at or adjacent to his/her place of work.

  • Uniform Maintenance Allowance 22.1 The City provides uniforms or uniform allowance for employees represented by the Association. The City will continue to replace, repair and maintain uniforms worn in the line of duty. The average cost of the uniforms/uniform allowances are reported as special compensation (for those employees defined as “classic employees” by the Public Employees’ Pension Reform Act of 2013 for retirement calculation purposes and is currently reported as $17 per pay period.

  • Safety Shoe Allowance For each unit member required by the City to wear safety shoes, the City shall provide a voucher from the City-designated department for up to one hundred and fifty dollars ($150) annually toward the cost of acquiring one pair of safety shoes through the City vendor.

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.

  • Uniform Allowance Where uniforms are required, the Hospital shall either supply and launder uniforms or provide a uniform allowance of per year in a lump sum payment in the first pay period of November of each year.

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