Examples of Alterations Threshold in a sentence
In addition, without obtaining Landlord’s approval, Tenant may make (i) changes to floor coverings, wall coverings and paint of the interior of the Building, and (ii) interior, non-structural Alterations to the Building in an amount that does not exceed the Alterations Threshold (defined below) on a per item basis.
The term "Minor Alterations Threshold" shall mean an amount equal to Ten Dollars and No/100 ($10.00) per square foot of Rentable Area impacted by such Basic Alteration, except that on each anniversary of the Pre-Delivery Work Substantial Completion Date, the Minor Alterations Threshold shall be adjusted to reflect the percentage increase in the Consumer Price Index from the Consumer Price Index that is in effect on the Pre-Delivery Work Substantial Completion Date.