Tenant Work Allowance definition

Tenant Work Allowance. $[***] (based on $[***] per square foot of Rentable Floor Area of the Premises, plus $[***]), as further described in the attached Exhibit C.

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Tenant Work Allowance shall have the meaning set forth in Exhibit C-2 of this Lease.

Tenant Work Allowance. [***] Dollars ($[***]) per square foot of Rentable Floor Area of the Premises, as further described in the Work Letter attached hereto as Exhibit C. Tenant shall construct improvements in the Premises in accordance with the terms of Exhibit C.

Examples of Tenant Work Allowance in a sentence

In the event of attornment, no Lender shall be: (i) liable for any act or omission of Landlord, or subject to any offsets or defenses which Tenant might have against Landlord except for the payment of any outstanding Tenant Work Allowance (prior to such Lender becoming Landlord under such attornment), (ii) liable for any security deposit or bound by any prepaid Rent not actually received by such Lender, or (iii) bound by any future modification of this Lease not consented to by such Lender.
Landlord shall provide Tenant with a Tenant Work Allowance to reimburse Tenant for all or part of the cost of Tenant’s Work as more particularly set forth in Exhibit C.
All construction and design costs for the Leased Premises in excess of the Tenant Work Allowance shall be paid for entirely by Tenant, and Landlord shall not provide any reimbursement therefor.
The Tenant Work Allowance is sometimes referred to as the “Allowance.” The Allowance shall be disbursed as requisitioned by Tenant not more frequently than monthly, within thirty (30) days after requisition in accordance herewith.
Tenant shall not be entitled to any unused portion of the Tenant Work Allowance that is not requisitioned within one (1) year after the Term Commencement Date.
Tenant shall prepare, at Tenant’s expense (subject to reimbursement from the Tenant Work Allowance), and deliver to Landlord detailed plans and specifications (the “Construction Documents”) showing all Tenant Improvement work required to prepare the Leased Premises for Tenant’s initial occupancy (“Tenant’s Initial Construction”) subject to all of the terms and requirements set forth in the Lease.
Landlord shall provide Tenant with a Tenant Work Allowance to reimburse Tenant for all or part of the cost of Tenant's Work as more particularly set forth in Exhibit C.
All costs of the Tenant Work in excess of the Tenant Work Allowance shall be payable by Tenant.
In the event the Field Change Order increases the cost of the Shell and Core or Tenant Work beyond the maximum Tenant Work Allowance, Tenant shall pay for the work per the terms of this Exhibit and the Lease.
The Tenant Work Allowance shall not be applied to the costs of any furniture, computers, equipment, personal property, or for any other costs other than as provided above.

More Definitions of Tenant Work Allowance

Tenant Work Allowance. Landlord shall provide Tenant with an allowance of $2.00 per square foot to be applied against Tenant's cost of painting and carpeting the Demised Premises. The paint and carpet color and type shall be subject to Landlord's approval. Any cost in excess of the $2.00 allowance shall be borne solely by the Tenant. Landlord shall have the right to have its property management employees inspect the paint and carpet work to insure that it complies with Building Standard.

Tenant Work Allowance. $30.00 per square foot of Rentable Floor Area of the Premises, as further described in the attached Exhibit C.

Tenant Work Allowance. Not applicable.