Cost of Improvements definition

Cost of Improvements means the costs for the Improvements, as set forth on the Cost Breakdown.

Cost of Improvements means the cost of constructing improvements and includes the cost of all

Cost of Improvements means the cost of constructing improvements and includes the cost of all labor and material; the cost of all land, property, rights, easements, franchises, and permits acquired which are deemed necessary for such construction; interest during any period of disuse during such construction; the cost of all machinery and equipment; financing charges; cost of engineering and legal expenses, plans, specifications; and such other expenses as may be necessary or incident to such construction.

Examples of Cost of Improvements in a sentence

• Subject to Landlord’s payment or reimbursement obligations under Paragraph 3 hereof with respect to Landlord’s share of the Cost of Improvements for the Tenant Improvements, Tenant shall promptly pay all costs and expenses arising out of the design and construction of the Tenant Improvements (including the costs of permits) and shall furnish Landlord with evidence of payment on request.

• The rental amounts set forth in Section 3.1 of the Lease are not subject to adjustment based on the Cost of Improvements of the Tenant Improvements, regardless of whether the final Cost of Improvements for the Tenant Improvements in any Building or Phase uses the entire Tenant Improvement Allowance or not.

• Subject to Landlord's payment or reimbursement obligations under Paragraph 4(b) hereof with respect to Landlord's share of the Cost of Improvements for the Tenant Improvements, Tenant shall promptly pay all costs and expenses arising out of the performance of Tenant's Work (including the costs of permits) and shall furnish Landlord with evidence of payment on request.

• The Cost of Improvements for any alterations or improvements made by Tenant in the Premises which are not eligible for expenditure of Tenant Improvement Allowance funds, and any amount by which the Cost of Improvements for any alterations or improvements made by Tenant exceeds the Tenant Improvement Allowance, shall be Tenant’s sole cost and expense.

• Landlord shall, however, make available for Tenant a tenant improvement allowance (the “Tenant Improvement Allowance”) in the amount of up to Fifty Thousand and No/100 Dollars ($50,000.00) to pay or reimburse Tenant’s Cost of Improvements for making tenant improvements in the Premises.

More Definitions of Cost of Improvements

Cost of Improvements means the total of all hard and soft costs associated with or caused by the construction of the Tenant Improvements in accordance with the Approved Plans, including, but not limited to:

Cost of Improvements means the cost of capital expenditures made for replacements or other capital repairs of the Premises or any portion thereof or equipment located therein, any such costs to be amortized on a straight line basis over the expected life of the applicable replacement or repair in each case determined in accordance with Generally Accepted Accounting Principles (it being understood that with respect to any such capital expenditure for replacements or other capital repairs, Tenant shall only be responsible for paying the corresponding amortization amounts that come due for the same during the Term of the Lease)..

Cost of Improvements those costs determined in accordance with Section 6.4.3,

Cost of Improvements means the cost of construction of Improvements, including the cost of all labor, materials, machinery and equipment, the cost of all lands, structures, real or personal property, rights, rights-of-way, roads, easements, franchises and interest acquired or used for, or in connection with the Authority, any termination payments payable under any Qualified Swap or Hedge Agreements, the cost of engineering and legal services, the cost of preliminary surveys, plans and specifications, payments with respect to litigation, expenses of administration properly chargeable to such construction, legal, architectural and engineering expenses and fees, the cost of audits, the fees and expenses of Consultants, financing charges, taxes or other governmental charges lawfully assessed during construction, claims arising in connection with construction, premiums on insurance in connection with construction, interest on the Indebtedness or other obligations of the Authority issued to finance Costs of Improvements, during and for a reasonable period after completion of the acquisition, construction, reconstruction, repair, improvement or equipping of the Improvement; the annual fees for any Enhancement Facility and tender agent fees and fees payable for remarketing Indebtedness during such period as may be specified in the resolution of the Board or the Supplemental Agreement authorizing the issuance of such Bonds and all other items of expense not elsewhere in this definition specified, incident to the financing or construction of any Improvements and the placing of the same in operation.

Cost of Improvements means the total of all hard and soft costs associated with or caused by the construction of the Tenant

Cost of Improvements those costs determined in accordance with Section 6.4.3, Responsibility for Cost of Improvements.

Cost of Improvements means all design, architectural and engineering costs incurred by Landlord in connection with the Landlord Work, costs of all labor and materials (including without limitation costs for acquisition, refurbishment and installation of any Generator and all enhancements and upgrades to the Building’s existing electrical capacity) and costs for removal of all construction debris for the Landlord Work, a construction management fee equal to three percent (3%) of the hard and soft costs of Landlord’s Work, general contractors fees for the Landlord Work, and any permit or license fees necessary for completion of construction of the Landlord Work. To the extent Tenant requests any Change Orders (defined below), (i) such Change Orders shall be subject to Landlord’s prior written approval pursuant to Section 9.3 of the Lease, (ii) such Change Orders shall be at Tenant’s sole cost and expense and (iii) to the extent such Change Orders would result in any cost to Landlord in excess of the Cost Cap plus Tenant’s Contribution set forth above, the estimated cost of such additions or changes (“Tenant’s Additional Contribution”) shall be paid in full by Tenant to Landlord within five (5) Business Days of Landlord’s invoice therefor before such additions or changes are performed by Landlord. Failure by Tenant to timely pay for any such excess costs shall be deemed, at Landlord’s sole discretion, a withdrawal of such Change Order. In the event Tenant desires changes to the Landlord Work as detailed in the Landlord Work Plans (each, a “Change Order”), Tenant shall submit a detailed request for such Change Order to Landlord in writing. Landlord shall use commercially reasonable efforts to respond in writing (the “Change Order Statement”) to such Change Order request within five (5) Business Days of Tenant’s submission with a statement detailing (i) the period of delay in Substantial Completion, if any, estimated by Landlord which would arise from such Change Order (the “Change Order Delay”) and (ii) Landlord’s good faith estimate of the Tenant’s Additional Contribution, if any, arising from such Change Order. Landlord shall have no obligation to perform such Change Order unless Tenant shall have (a) approved Landlord’s Change Order Statement in writing within five (5) Business Days following Tenant’s receipt of a Change Order Statement and (b) paid any Tenant’s Additional Contribution arising in connection with such Change Order. Upon the written request of Tenant made prior S...