Gross Leasable Area definition

Gross Leasable Area means the total leasable square footage of buildings situated on Real Properties, excluding the square footage of any department stores.

Gross Leasable Area means the gross leasable floor area of any building(s) which the Owner is entitled to erect on his land in terms of the Scheme;

Gross Leasable Area means the rentable area of a Qualified Project as calculated pursuant to the measuring standards of the Project. This standard will be defined in the lease for tenant applicants. The rentable area measures the tenant’s pro rata portion of the entire office floor, including public corridors, restrooms, janitor closets, utility closets and machine rooms used in common with other tenants, but excluding elements of the building that penetrate through the floor to areas below. The rentable area of a floor is fixed for the life of a building and is not affected by changes in corridor sizes or configuration.

Examples of Gross Leasable Area in a sentence

• Gross Floor Area means gross leasable area, common area and service area.2. Gross Leasable Area means the areas leased for anchor tenants and in-line tenants only.

• Gross Leasable Area of Building Number of Spaces* 1,000 - 19,999 120,000 - 79,999 280,000 - 127,999 3128,000- 191,000 4192,000- 255,999 5256,000- 319,999 6 Plus one (1) space for each additional 72,000 square feet or fraction thereof.*Minimum dimensions of 12 feet x 55 feet and overhead clearance of 14 feet from street grade required.

• The building must comprise of 534 m2 the Gross Leasable Area (GLA) depending on the configuration, measured according to the latest SAPOA Method for Measuring Floor Areas (MOMFA) for Offices.

• Notwithstanding policy 5.2.3.6, the maximum permitted Gross Leasable Area shall be 26,800 square metres on the subject lands at the northwest corner of Rutherford Road and Bathurst Street, as shown on Map 13.7.A, being Block 23, on Plan 65M-3981, and comprising approximately 6.5 ha, in Part of Lot 16 Concession 2, City of Vaughan.

• Gross Leasable Area: Eighty percent (80%) of gross floor area, unless it can be demonstrated otherwise to the Director of Planning and Zoning, or his/her appointed designee, based on the GLA definition contained in Section 32 of the Zoning Resolution.

More Definitions of Gross Leasable Area

Gross Leasable Area as used herein, shall be deemed to mean and include all fully enclosed areas for the exclusive use and occupancy by occupant, measured from the exterior surface of exterior walls (and from the extensions thereof, in the case of openings), including warehousing or storage areas, clerical or office areas, mezzanines or the second levels of any spaces and employee areas. “Gross Leasable Area” shall not include docks, areas for truck loading and unloading nor any utility and/or mechanical equipment vaults or rooms (to the extent such facilities lie outside exterior building lines). Anything to the contrary notwithstanding, in the event Landlord or his designated agent do not maintain the entire common area in the Development, then and in that event, for the length of time such condition may exist, Landlord’s responsibility shall only be towards the maintenance and repair of those portions of the Common Area not maintained by others, and the “expense in connection with said common areas” shall only refer to such areas maintained by Landlord. In this event, Tenant’s proportionate share of the expenses shall be determined on the basis of the proportion of such expenses which the number of square feet of gross leasable area in the Demised Premises bears to the total number of square feet of gross leasable area of buildings in the entire Development which are from time to time completed and occupied as of the commencement of each calendar year, exclusive of the area occupied and maintained by others.

Gross Leasable Area means the number of square feet of the Building. Increase Date: fifth (5th) anniversary of the Commencement Date, and every five (5) years thereafter, including Renewal Terms Increase Percentage: ten percent (10%).

Gross Leasable Area means the floor area of a building, plus the horizontal area contained within the exterior of the basement walls, excluding the floor areas of mechanical and utility rooms, public washrooms, stairwells, and elevators;

Gross Leasable Area means the aggregate of all floor areas of all premises intended by Landlord for leasing from time to time (other than storage areas or other areas not leased for retail purposes or for purposes of offering services to the public).

Gross Leasable Area. - means the total floor area of the building contained within the outside surface of the exterior and basement wall, but excludes mechanical and utility rooms, public washrooms, and stairwells;

Gross Leasable Area means the number of square feet of floor space on all levels, enclosed within permanent structures, and exclusive of basements, mezzanines, and areas occupied for storage area, all measured to the exterior surface of the exterior walls and to the center of any common walls, excluding penthouses or rooms occupied in their entirety by mechanical equipment.

Gross Leasable Area shall have the meaning ascribed to the term in Annexure T-I.