Disbursement of Tenant Improvement Allowance. During the construction of the Tenant Improvements, Landlord shall make monthly disbursements of the Tenant Improvement Allowance for Tenant Improvement Allowance Items for the benefit of Tenant and shall authorize the release of monies for the benefit of Tenant as follows.
Disbursement of Tenant Improvement Allowance. Subject to Section 2.1 above, during the construction of the Tenant Improvements, Landlord shall make disbursements of the Tenant Improvement Allowance for Tenant Improvement Allowance Items for the benefit of Tenant and shall authorize the release of monies for the benefit of Tenant as follows:
Disbursement of Tenant Improvement Allowance. With respect to Tenant Improvement Allowance Items, the Tenant Improvement Allowance shall be paid by Landlord in monthly installments after Tenant’s submission of payment requests, each of which shall include the following: (i) invoices for the Tenant Improvements, with sufficient back-up xxxxxxxx from contractors, subcontractors, suppliers and providers of services to give Landlord a financial accounting regarding each invoice to be reimbursed by Landlord, (ii) a certificate signed by Tenant’s Architect and an authorized officer of Tenant certifying that the Tenant Improvement Work represented by the aforesaid invoices has been satisfactorily constructed substantially in accordance with Tenant’s Plans, (iii) lien waivers by all of Tenant’s Agents (as that term is defined in Section 3.1.2 below) for all such work covered by the invoices and (iv) with the last payment request for Tenant Improvements (as opposed to payment requests with respect to Occupancy Expenses) a general waiver of lien from the contractor, subcontractors and materialmen regarding the Tenant Improvements. At Tenant’s election, such payments shall be made to Tenant or directly to the applicable contractors, subcontractors, suppliers, materialmen or providers of services. Landlord shall pay to Tenant the specified amounts for each payment request not to exceed, in the aggregate, the Tenant Improvement Allowance, within thirty (30) days after receipt of all of the information and documentation specified above. Landlord and Landlord’s lender, Manufacturers and Traders Trust Company shall have the right to inspect the Premises, accompanied by Tenant’s representative and subject to the general contractor’s reasonable work and access rules, to confirm the completion of the work covered by such invoices. With respect to Occupancy Expenses, the Tenant Improvement Allowance shall be paid by Landlord within thirty (30) days after receipt of Tenant’s request for reimbursement for Occupancy Expenses accompanied by invoices from the suppliers and service providers.
Disbursement of Tenant Improvement Allowance. Once a month, on or before the 10th day of the month, Tenant shall present to Landlord a Request for Disbursement ("Request for Disbursement") requesting payment by Landlord of any costs associated with the design, engineering or construction of the tenant improvements. The Request for Disbursement shall include the following information:
Disbursement of Tenant Improvement Allowance. Landlord shall disburse the Tenant Improvement Allowance on a progress payment basis during the construction of the Tenant Improvements, as set forth in this Section 6.5.
Disbursement of Tenant Improvement Allowance. During the construction of the Tenant Improvements, Lessor shall make monthly disbursements of the Tenant Improvement Allowance for Tenant Improvement Allowance Items for the benefit of Lessee and shall authorize the release of monies for the benefit of Lessee as follows.
Disbursement of Tenant Improvement Allowance. During the -------------------------------------------- construction of the Tenant Improvements, Landlord shall make disbursements of the Tenant Improvement Allowance once per month (or on a more frequent basis as Landlord may determine) to pay for the Tenant Improvement Allowance Items following Landlord's receipt of: (i) a request for payment of the Contractor, Architect and/or Engineers, as applicable (as such terms are defined below), approved by Tenant, showing the schedule, by trade, of percentage of completion of the design and/or construction of the Tenant Improvements in the Premises; (ii) invoices for labor rendered and materials delivered to the Premises; and (iii) executed mechanic's lien releases from all of Tenant's Agents (as that term is defined in Section 4.1.2 below) which shall comply with the appropriate ------------- provisions of California Civil Code Section 3262(d). Landlord may make such disbursements of the Tenant Improvement Allowance jointly to Tenant and the Contractor or jointly to the Tenant and the Architect, Engineers or other vendors to whom direct payment is to be made, and may provide for up to a ten percent (10%) retention (so long as such retention is not duplicative of any retention already provided in Tenant's payment request or specified in the applicable contractor's contract) for each such disbursement (but such retention shall not apply to payment of the fees of the Architect and/or Engineers unless expressly provided in the contracts with such entities). Landlord's payment of such amounts shall not be deemed Landlord's approval or acceptance of the work furnished or materials supplied as set forth in Tenant's payment request. Landlord shall disburse all retentions following the completion of construction of the Premises and Landlord's receipt of properly executed mechanics lien releases in compliance with both California Civil Code Section 3262(d)(2) and either Section 3262(d)(3) or Section 3262(d)(4).
Disbursement of Tenant Improvement Allowance. Subject to Section 2.1 above, during the construction of the Tenant Improvements for each Construction Premises, Landlord shall make monthly disbursements of the TI Allowance Portion applicable to such Construction Premises to help pay for the Tenant Improvement Allowance Items therefor for the benefit of Tenant as follows:
Disbursement of Tenant Improvement Allowance. Landlord shall make monthly disbursements to Tenant of the Tenant Improvement Allowance as follows:
Disbursement of Tenant Improvement Allowance. During the design and construction of the Tenant Improvements, Landlord shall make periodic disbursements (no more often than once per month) of the Tenant Improvement Allowance to reimburse Tenant for Tenant Improvement Allowance Items and shall authorize the release of funds as follows.
