Tenant Allowance definition

Tenant Allowance means a cash allowance paid to a tenant by the landlord pursuant to a Lease.
Tenant Allowance means a cash allowance paid to a tenant by the
Tenant Allowance as provided in Section 21 of the Lease. The Tenant Allowance shall be applied first toward the costs relating to Shell and Core Tenant Upgrades, if any, including applicable Washington State Sales Tax, then toward the construction of the Tenant Work shown on the final approved Tenant's Plans, including applicable Washington State Sales Tax.

Examples of Tenant Allowance in a sentence

  • All factors regarding Additional Rent shall remain unchanged, and no Tenant Allowance shall be included in the absence of further agreement by the parties.

  • Tenant shall be responsible for all Improvement Costs in excess of the Tenant Allowance.

  • As a condition precedent to the disbursement of any payments on account of the Tenant Allowance, Tenant shall deliver to Landlord a certificate signed by Tenant specifying the total amount of all Costs of Tenant’s Work, including architectural and engineering fees and expenses, and identifying all design professionals, consultants, contractors, service providers, subcontractors and suppliers involved with Tenant’s Work (the “Tenant’s Costs Certificate”).

  • Landlord will provide the Tenant Allowance described in Paragraph 8 below.

  • Landlord will disburse the Tenant Allowance described in Section 3 below to pay for the Tenant Improvement Costs (defined hereafter).


More Definitions of Tenant Allowance

Tenant Allowance. A tenant improvement allowance in an amount set forth in the Work Letter, which shall be allocated according to the terms of the Work Letter, and shall be provided by Landlord to Tenant for the costs relating to the initial design and construction of Tenant’s Improvements, all subject to the terms of the Work Letter.
Tenant Allowance means an amount equal to $71,000.00.
Tenant Allowance means an amount equal to $113,000.
Tenant Allowance as set forth in Section 1.1 of the Lease to be $35.00 per rentable sq. ft. of the Building and affirmed that Tenant shall be solely responsible for the cost of all Tenant’s Work and improvements to the Premises in excess of such amount; acknowledged that a portion of Tenant’s Work for the interior build-out of the Second Expansion Premises (as defined in the Third Amendment) was completed prior to the Effective Date in connection with the interior build out of the First Expansion Premises; acknowledged that invoices for work performed for the same may be used by Tenant to support request for payment of Tenant Allowance in connection with the Second Expansion Premises; restated the definition ofBase Rent” set forth in Section 1.1 of the Lease; restated the definition of “Tenant’s Proportionate Share” set forth in Section 1.1 of the Lease; and amended the “Tenant Addendum” (attached to the Fourth Amendment as Exhibit B) as to “Extension Options” and “Right of First Refusal.”
Tenant Allowance. : means the amount set forth in Rider 1 attached to the Lease.
Tenant Allowance as used herein shall mean a sum equal to Thirty Dollars ($30.00) per rentable square foot within the Additional Premises, of which not less than Twenty-Five Dollars ($25.00) per rentable square foot of the Additional Premises shall be used for planning and constructing Tenant's Work (including all office space construction, kitchen and galleys, telecommunications wiring and security installations) and also including Landlord's fee equal to two and one-half percent (2.5%) of Landlord's total costs of Tenant's Work as set forth above.
Tenant Allowance means $84,159.00 (i.e. $3.00/rsf) to offset Tenant's actual reasonable out of pocket expenses for items such as relocation costs, security systems, telecommunications, wiring, purchase of furniture including without limitation work stations and other installation and relocation costs.