Tenant Build-Out definition
Examples of Tenant Build-Out in a sentence
After the commencement of the Tenant Build-Out Work, Developer may, from time to time, restrict Mall II Buyer's, any Tenant's or their respective contractor's or subcontractor's access to the Mall Improvements in order to complete other necessary construction work in the Mall Improvements and on the Phase II Land.
After the giving of a Build-Out Notice, Tenant's contractors shall have the right to enter the portions of the Phase II Mall covered by such Build-Out Notice upon twenty-four (24) hours prior telephonic notice to Developer for the purposes of performing the Tenant Build-Out Work.
Developer shall commence the Landlord Build-Out Work, and Mall II Buyer and Developer shall jointly cause Tenants to commence the Tenant Build-Out Work no later than promptly after delivery of the Build-Out Notice, subject to Force Majeure, Developer Delays, Construction Delays and the Site Logistics Procedures.
Developer shall use good faith efforts to keep such work disruptions to a minimum and to schedule such disruptions so as to cause minimal disruption to the completion of the Tenant Build-Out Work.
In the event that the performance of the Tenant Build-Out Work by Tenant causes any delay in Developer obtaining a C of O for any portion of the Building, such delay shall constitute a Construction Delay.
Mall II Buyer and Developer shall jointly cause each Tenant with access to the Tenant Spaces to perform the Tenant Build-Out to include Developer and Mall II LLC as additional insureds on each policy of liability insurance carried by such Tenant, as applicable, with respect to the Tenant Build-Out with a limit of not less than $10,000,000 with respect to any Tenant.
Developer will obtain at its expense permits with respect to Landlord Build-Out Work that it is performing and Developer and Mall II Buyer shall jointly cause each Tenant to obtain, all permits and approvals for construction of the Tenant Build-Out Work that such Tenant is performing, other than the Required Mall Improvement Permits (which Developer shall obtain at Developer's Expense).
Developer shall have the right (and Mall II Buyer and Developer shall endeavor to include such a right in the Leases) during usual business hours, at Developer's expense and upon reasonable notice to Mall II Buyer or Tenants, to inspect the Tenant Build-Out Work to ascertain that the performance of such work adheres to the Leases and design plans agreed to by Mall II Buyer, Developer and Tenants.
Developer will obtain at its expense with regard to any Landlord Build-Out, and Developer and Mall II Buyer will cause Tenants to obtain with respect to any Tenant Build-Out, all permits and approvals for construction of the Tenant Build-Out other than the Required Mall Improvement Permits (which Developer shall obtain at Developer's expense).
Participation in any benefit plans shall be in addition to the compensation provided for in Section 3.1. Employer shall pay premiums for health insurance covering Employee.