Work Allowance Sample Clauses
Work Allowance. Landlord agrees to provide Tenant a work allowance to be utilized by Tenant in accordance with this Lease to construct a new office environment and rack/server lab(s) needed for the conduct of Tenant’s business at the Premises (the “Tenant Improvements”), in the amount of Four Million One Hundred Twenty Eight Thousand Seven Hundred Dollars ($4,128,700) (the “Work Allowance”), subject to this Section 6.B below. Tenant shall pay all costs associated with the Tenant Improvements, subject to Landlord’s obligation to provide the Work Allowance pursuant to this Section 6.B. The cost of the Tenant Improvements for which the Work Allowance may be utilized by Tenant (“Work Allowance Costs”) shall consist of only the following to the extent actually incurred or paid by Tenant in connection with the design and construction of the Tenant Improvements to its unaffiliated third party general contractor (“Tenant’s General Contractor”), architects, engineers, consultants, project managers, designers and suppliers for the Tenant Improvements, subject to this Section 6.B below: the fees of Tenant’s General Contractor, architects, engineers, consultants, project managers, designers and suppliers; materials, labor and other construction costs; governmental permit fees, construction taxes or other costs imposed by governmental authorities related to the Tenant Improvements. Notwithstanding the foregoing, in no event shall the Work Allowance be used for Tenant’s furniture, the Pad Improvements described in Section 8.A below, trade fixtures other than the rack/server lab(s) described above, telephone and other office equipment, personal property, cabling/wiring/telecommunication costs (other than cabling and wiring for the rack/server labs), the Communications Equipment (defined in Section 8.E below), or any oversized kitchen area or oversized cafeteria (i.e. kitchen area and cafeteria not proportional to the number of Building occupants determined without regard to the use of the kitchen area or cafeteria), fitness center, or other Specialized Tenant Improvements (defined in Section 10.B below). In no event shall any portion of the Work Allowance be used or payable for any improvements designed or constructed for any subtenant of any portion of the Premises. The Work Allowance shall be paid by Landlord to Tenant as payments for the Work Allowance Costs become due to Tenant’s General Contractor, architects, engineers, consultants, project managers, designers and suppliers in acc...
Work Allowance. Tenant shall, at its sole cost and expense except as set forth to the contrary in this Section 20, perform all work necessary or desirable by Tenant to prepare the Premises for its occupancy in accordance with detailed dimensioned coordinated plans and specifications, including layout, architectural, mechanical, electrical, plumbing and structural drawings, to be submitted by Tenant to Landlord for Landlord's and Overlandlord's written approval, which approval shall be governed by the provisions of the Xxxxxxxxx as incorporated herein by reference including, without limitation, the provisions of Article 13 thereof relating to the performance of Tenant Changes (such work being referred to herein as "Tenant's Work"). In connection therewith, Landlord shall give Tenant a cash work allowance (the "Work Allowance"), of EIGHT HUNDRED SEVENTY-NINE THOUSAND EIGHT HUNDRED TEN and 00/100 ($879,810.00) DOLLARS ($15.00 x 58,654, which is the agreed upon rentable square feet comprising the Premises and which is not subject to adjustment), which Work Allowance shall be applied solely against the cost and expense of the actual construction work performed by Tenant in connection with Tenant's Work in the Premises ("Hard Costs"); provided that Tenant may use up to $263,943.00 (i.e. thirty (30%) percent of the Work Allowance for design consultants, architect's and engineering fees or other so-called "soft" costs incurred by Tenant in connection with the performance of Tenant's Work (collectively, "Soft Costs"). In the event that the Hard Costs and Soft Costs shall exceed the aggregate amount of the Work Allowance, Tenant shall be entirely responsible for such excess. To the extent that the Work Allowance has not been fully applied by the first (1st) anniversary of the Sublease Commencement Date, then Tenant may apply such unapplied balance, to the extent not in excess of the sum of $263,943.00 as a credit against then ensuing installments of Fixed Rent and the extent the unapplied balance of the Tenant's Work Allowance is in excess of such sum, Landlord shall have no further obligation to disburse such excess, Tenant shall not be entitled to any further credit against Rent, and Tenant shall have waived its rights to such unused excess.
Work Allowance. 107.1. Employees shall be paid a Nauseous Work Allowance pursuant to clause 3.2 of Schedule F for all time during which they are engaged in handling linen of a nauseous nature, other than linen sealed in airtight containers.
107.2. The amount of Nauseous Work Allowance payable is dependant on the classification of the employee concerned, with a different amount payable to employees classified as Nursing Attendant compared with all other employees.
Work Allowance. Sub-Subtenant shall be provided with a work allowance by the Sub-Sublandlord in the amount of $36,082.00 ($2.00 per rentable square foot of the Premises). The Work Allowance shall be transferred by the Sub-Sublandlord to the Sub-Subtenant in the form of a credit against the Fixed Rent first becoming due and payable hereunder.
Work Allowance. Effective as of the Amendment Effective Date, the first paragraph of Section 2 of EXHIBIT B attached to the Second Amendment shall be amended to delete the amount "$55,032" located in the fourth line thereof and to replace the amount "$59,334.06" therefor.
Work Allowance. (a) Landlord shall reimburse Tenant (or, as described below, pay as directed by Tenant) for the cost of the Initial Tenant Work, which shall be performed in accordance with the requirements of Article 14, in the amount (the “Work Allowance”) of $29,980,514.71 (including $1,750,000.00 (i.e., $250,000 per floor on which the Above-Grade Premises are located) for the Restroom Renovations), subject to the provisions of Article 40; provided, that Landlord may withhold (i) $1,000,000.00 of the Work Allowance until substantial completion of the Initial Tenant Work, upon which $750,000.00 of such amount shall be disbursed to Tenant upon Tenant’s compliance with Section 7.01(a)(i) – (iii) set forth below provided no Event of Default shall then exist, and (ii) $250,000.00 of such $1,000,000.00 until Tenant delivers to Landlord all of the documents described in clauses (w), (x), (y) and (z) of Section 7.01(a)(iv) and provided no Event of Default shall then exist. Notwithstanding anything contained herein to the contrary, only up to a maximum of 20% of the Work Allowance may be applied to Tenant’s permit and filing fees, designers’, and architects’, engineers’, project management and other professional fees and other so-called “soft costs” incurred in connection with the performance of the Initial Tenant Work. Tenant shall pay all costs and expenses for or in connection with the Initial Tenant Work in excess of the Work Allowance. Provided no Event of Default shall then exist, Landlord shall pay the Work Allowance (subject to the retention specified above), from and after the Commencement Date (except with respect to soft costs, which may be drawn prior to the Commencement Date and without the obligation to refund the same if this Lease is terminated prior to the Commencement Date pursuant to Section 2.05, Article 22 or Article 23), by reimbursing Tenant (or, at Tenant’s option, by paying directly to Tenant’s contractors or other vendors, not to exceed 5 contractors or other vendors per requisition) from time to time during the progress of the Initial Tenant Work (but not more than once per month) within 30 days after a written request from Tenant, which request shall be accompanied by the following:
(i) A certificate on AIA G-702 / 703 forms signed by either Tenant or Tenant’s architect, except that such certificate shall not be required for soft costs;
(ii) Itemized bills for costs of the Initial Tenant Work submitted by contractors, architects, engineers and/or supp...
Work Allowance. Upon and subject to the terms and conditions of this Exhibit B, Landlord shall reimburse Tenant for the cost of Tenant’s Work; provided, however, Landlord’s obligation to reimburse Tenant for Tenant’s Work shall be an amount up to, but not exceeding, $226,250.00 (the “Work Allowance”); and conditioned upon Landlord’s receipt of written notice (which notice shall be accompanied by invoices and documentation set forth below) from Tenant that Tenant’s Work has been completed and accepted by Tenant. Landlord shall make payment for Tenant’s Work (limited as described above) within forty-five (45) days following Tenant’s delivery to Landlord of: (a) third-party invoices for costs incurred by Tenant in constructing Tenant’s Work; (b) evidence that Tenant has paid the invoices for such costs;
Work Allowance. Landlord shall allow Tenant access to the Leased Premises commencing on the later of the date this Lease is executed and the date this Lease is approved by Master Landlord, for the purpose of constructing Tenant's improvements (the "Improvements") to the Leased Premises. All Tenant Improvements shall be constructed pursuant to plans and specifications therefor approved in writing by Landlord (the "Tenant Plans"). Tenant agrees to construct the Tenant Improvements in accordance with the Tenant Plans. Tenant shall pay all costs of constructing all Tenant Improvements.
Work Allowance. In consideration of Tenant entering into the Lease, Landlord hereby grants Tenant a work allowance of $150,000 to be credited towards Tenant's rent obligations in 24 monthly installments of $6,250 commencing with the first base rent payment due August 1, 1998.
Work Allowance. Sublandlord shall provide to Subtenant a total allowance amount of $2,983,320 (the "Work Allowance"). The Work Allowance shall be available for "Subtenant's Work Cost," which, as used herein, shall mean only Subtenant's architectural and design fees and the direct construction costs of Subtenant's Work, including, without limitation, permit and filing fees, but expressly excluding furniture, equipment, trade fixtures, attorneys' and accountants' fees, and moving costs. To the extent any portion of the Work Allowance remains available after payment of Subtenant's Work Cost, such remaining amount shall be applied to the rent and other charges next becoming payable under this Sublease. In the event the Subtenant's Work Cost exceeds the Work Allowance, Subtenant shall be entirely responsible for such excess. 34.4