Common use of Building Classifications Clause in Contracts

Building Classifications. 1. Buildings are classified as A, B, or C buildings according to the following definitions: (a) Class A building—Gross area of more than 280,000 square feet. (b) Class B building—Gross area of more than 120,000 and not over 280,000 square feet. (c) Class C building—Gross area of less than 120,000 square feet. 2. Gross area of a LOFT building is the sum total of areas existing on the various floors of a loft building, including the basement space, but excluding that portion of the penthouse used for the machinery and appurtenances of the building and that portion of the basement used for the public utilities and general operation of the property. Gross area of an entire floor shall be computed by measuring from the inside plaster surfaces of all exterior walls of space encompassed in a tenant’s premises, including columns, corridors, toilets, slop sinks, elevator shafts, etc., except that space reserved for the fire tower court. 3. Gross area of an OFFICE building is the sum total of areas existing on the various floors of the building, including the basement space, but excluding that portion of the penthouse used for the machinery and appurtenances of the building and that portion of the basement used for the public utilities and general operation of the property. Gross area of an entire floor shall be computed by measuring from the inside plaster surface of all exterior walls of space used by the tenant on the floor, including columns and corridors, but excluding toilets, porters closets, slop sinks, elevator shafts, stairs, fire towers, vents, pipe shafts, meter closets, flues and stacks, and any vertical shafts and their enclosing walls. No deductions shall be made for columns, pilasters, or projections necessary to the building.

Appears in 3 contracts

Samples: Commercial Building Agreement, Commercial Building Agreement, Commercial Building Agreement

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Building Classifications. 1. Buildings are classified as A, B, or C buildings according to the following definitions: (a) Class A building—Gross area of more than 280,000 square feet. (b) Class B building—Gross area of more than 120,000 and not over 280,000 square feet. (c) Class C building—Gross area of less than 120,000 square feet. 2. Gross area of a LOFT building is the sum total of areas existing on the various floors of a loft building, including the basement space, but excluding that portion of the penthouse used for the machinery and appurtenances of the building and that portion of the basement used for the public utilities and general operation of the property. Gross area of an entire floor shall be computed com- puted by measuring from the inside plaster surfaces of all exterior walls of space encompassed encom- passed in a tenant’s premises, including columns, corridors, toilets, slop sinks, elevator shafts, etc., except that space reserved for the fire tower court. 3. Gross area of an OFFICE building is the sum total of areas existing on the various floors of the building, including the basement space, but excluding that portion of the penthouse used for the machinery and appurtenances of the building and that portion of the basement used for the public utilities and general operation of the property. Gross area of an entire floor shall be computed com- puted by measuring from the inside plaster surface of all exterior walls of space used by the tenant on the floor, including columns and corridorscor- ridors, but excluding toilets, porters closets, slop sinks, elevator shafts, stairs, fire towers, vents, pipe shafts, meter closets, flues and stacks, and any vertical shafts and their enclosing walls. No deductions shall be made for columns, pilasters, or projections necessary to the building.

Appears in 2 contracts

Samples: Commercial Building Agreement, Commercial Building Agreement

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Building Classifications. 1. Buildings are classified as A, B, or C buildings build- ings according to the following definitions: (a) Class A building—Gross area of more than 280,000 square feet. (b) Class B building—Gross area of more than 120,000 and not over 280,000 square feet. (c) Class C building—Gross area of less than 120,000 square feet. 2. Gross area of a LOFT building is the sum total of areas existing on the various floors of a loft building, including the basement space, but excluding that portion of the penthouse used for the machinery and appurtenances of the building build- ing and that portion of the basement used for the public utilities and general operation of the property. Gross area of an entire floor shall be computed comput- ed by measuring from the inside plaster surfaces of all exterior walls of space encompassed in a tenant’s premises, including columns, corridors, toilets, slop sinks, elevator shafts, etc., except that space reserved for the fire tower court. 3. Gross area of an OFFICE building is the sum total of areas existing on the various floors of the building, including the basement space, but excluding that portion of the penthouse used for the machinery and appurtenances of the building and that portion of the basement used for the public utilities and general operation of the property. Gross area of an entire floor shall be computed comput- ed by measuring from the inside plaster surface of all exterior walls of space used by the tenant on the floor, including columns and corridors, but excluding toilets, porters porters’ closets, slop sinks, elevator shafts, stairs, fire towers, vents, pipe shafts, meter closets, flues and stacks, and any vertical shafts and their enclosing walls. No deductions shall be made for columns, pilasters, or projections necessary to the building.

Appears in 1 contract

Samples: Commercial Building Agreement

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