Tenant Improvement Cost definition

Tenant Improvement Cost means the costs for construction and installation of the Tenant Improvements, inclusive of the fees charged by Space Planner. The costs for construction and installation shall include, but not be limited to, the following costs actually incurred by Landlord:
Tenant Improvement Cost means the costs for construction and installation of the Tenant Improvements, inclusive of the fees charged by Architect. The costs for construction and installation shall include, but not be limited to, the following:
Tenant Improvement Cost means the costs of the construction and installation of the Tenant Improvements, exclusive of the costs attributable to Landlord delays, (which shall be the sole responsibility of Landlord). The costs for construction and installation shall include, but not be limited to, the following: (i) All fees and costs of the Space Planner; (ii) All costs of obtaining building permits and other necessary authorizations for the construction of the Tenant Improvements from the City of Issaquah, Washington and any other governmental, quasi-governmental or regulatory agency; (iii) A Construction Management Fees of 5%

Examples of Tenant Improvement Cost in a sentence

  • In the absence of sufficient competition from the GCs, a minimum of two qualified subcontractors from each trade of the Tenant Improvement Cost Summary (TICS) Table (described below) shall be invited to participate in the competitive proposal process.

  • All costs paid by Landlord to unaffiliated parties in connection with review of proposed Change Requests shall be part of the Tenant Improvement Cost.

  • The fees of such engineer shall be a Tenant Improvement Cost (as hereafter defined).

  • Any Tenant Improvement Cost and Leasing Commission Reserve Agreement that is entered into pursuant to the Vacancy Risk Agreement, in the form attached as an exhibit to the Vacancy Risk Agreement.

  • Following Substantial Completion of the Tenant Improvements and determination of the total Tenant Improvement Cost, to the extent the Tenant Improvement Cost exceeds the Base Tenant Improvement Allowance (the “Additional Costs”), Tenant shall be solely responsible for payment of such Additional Costs.

  • Please complete all tabs on Exhibit K, Tenant Improvement Cost Summary (TICS) to support proposed Shell and Tenant Improvement pricing.

  • As soon as reasonably possible after the completion of the Tenant Improvements for each phase, the actual cost of Landlord’s contribution per square foot of Usable Area of that phase for the Tenant Improvement Cost shall be calculated.

  • Landlord shall prepare the Tenant Improvement Cost Statement and shall include all Tenant Improvement Costs pursuant to this Improvement Agreement.

  • As used herein, “Termination Payment” means: (i) the unamortized portion of the Tenant Improvement Cost and the Brokerage Commission, each of which shall be amortized monthly over the Initial Term of the Lease, together with interest on the amounts thereof at the rate of eight percent (8%) per annum; plus (ii) the amount of $14,056.00 representing the free rent granted to Tenant under Section 1(G) hereof.

  • As noted in Section 4.1 despite groundwater levels having risen higher in early 2015, than they had in early 2013, overpumping was not required.


More Definitions of Tenant Improvement Cost

Tenant Improvement Cost. Is defined in Section 1.1(ww) of the Work Letter.
Tenant Improvement Cost means the costs for construction and installation of the Tenant Improvements as specified in a bid provided by the Contractor and approved by Landlord (the "Bid"), as attached hereto as Exhibit C-1, and shall include the fees charged by Space Planner in preparing the Preliminary Plans and Construction Plans, and any alterations or modifications thereto. Tenant Improvement Costs shall not include the cost of any of Tenant's Personal Property or the installation thereof, or any additional costs and expenses (including the costs and expenses of the Space Planner) incurred as a result of changes from the Construction Plans, or any Change Requests, all of which shall be performed and/or paid for by Tenant, at its sole cost and expense. JRM WFM ------------------- ----------------- Landlord's Initials Tenant's Initials
Tenant Improvement Cost means ----------------- Landlord's total costs paid or incurred for the design and performance of the Tenant Improvement Work and the Special Tenant Shell Features (if any). The Tenant Improvement Cost is composed of the amounts payable (i) to Landlord's Contractor and (to the extent of the cost of preparing the drawings and specifications referred to in Section 2(b) above), Landlord's Engineer (not to exceed $17,500 for the services outlined in the proposal of X.X. Engineers dated January 31, 1997, but exclusive of extensive revisions due to Tenant's value engineering); (ii) to Tenant's Architect, to the extent Tenant elects to seek reimbursement of same from Landlord in accordance with the terms hereof, (iii) to any other contractors, vendors or others furnishing labor or materials for the completion of the Tenant Improvement Work and Special Tenant Shell Features (including without limitation cabling and other telecommunications-related costs) on account of labor, materials and supervision, and (iv) to governmental authorities for all licenses and permits required for construction, use and occupancy of the Tenant Improvement Work and Special Tenant Shell Features. Landlord has agreed that Tenant shall be entitled to an allowance of Thirty One Dollars ($31.00) per rentable square foot of the Building, or $1,347,880 based on 43,480 square feet (the "Fit-Out Allowance") on account of the Tenant Improvement Cost.
Tenant Improvement Cost means all costs for construction and installation of the Tenant Improvements from the Building Shell, including fees charged by Space Planner. The cost for construction and installation shall include, but not be limited to, the following: (i) All costs of obtaining building permits and other necessary authorizations of the construction of the Tenant Improvements from all necessary governmental, quasi-governmental or regulatory agencies; (ii) All direct and indirect costs of procuring, constructing and installing Tenant Improvements including, but not limited to, Construction Manager's cost to install the Tenant Improvements, including overhead and profit, (excepting, however, there will be no overhead or profit on items which are not supplied by contractor, i.e., modular partitions, phone systems, etc.); electricity, HVAC, parking (as applicable), and non-standard elevator usage. (iii) Sewer permit and construction fees and all other utility fees to the extent the fees relate to any drains installed in the Premises at Tenant's request or any satellite dish to be installed on the Property at Tenant's request.

Related to Tenant Improvement Cost

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Public improvement costs means the costs of:

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the Lease for such Leased Real Property.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Construction Work means any work in connection with⎯

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Maximum medical improvement means a point in time when any medically

  • Project Improvements means site improvements and facilities that are:

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.