Payments for Leasing Costs, Commissions, and Tenant Improvements

Net cash outflow for the allowance granted to lessee and/or direct costs incurred by lessor used to prepare the leased premises for tenant’s occupancy; for costs that are essential to originating the lease and would not otherwise have been incurred without the lease agreement, including but not limited to, evaluating the lessee’s credit condition, guarantees, and collateral and costs incurred in negotiating, processing, and executing the lease agreement; and for any commission(s) incurred.

• Payments for Lease Commissions
• Payments for Leasing Costs
• Payments for Tenant Improvements