Common use of Lessee's Percentage Share Clause in Contracts

Lessee's Percentage Share. The term “Lessee's Percentage Share,” except when said term refers to the cost of maintaining the Common Roadway, shall mean thirty-three and ninety-nine hundredths percent (33.99%). Lessor and Lessee acknowledge that Lessee's Percentage Share, except when said term refers to the cost of maintaining the Common Roadway, has been obtained by dividing the net rental area of the Premises, which Lessor and Lessee agree is 37,071 square feet, by the total net rental area of the Building, which Lessor and Lessee agree is 109,056 square feet, and multiplying such quotient by 100. Lessee’s Percentage Share shall not be subject to change, except for physical additions or deletions to the Premises or Building, or caused by condemnation or destruction.

Appears in 2 contracts

Samples: Net Commercial Lease, Net Commercial Lease (Audentes Therapeutics, Inc.)

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Lessee's Percentage Share. The term “Lessee's Percentage Share,” ”, except when said term refers to the cost of maintaining the Common Roadway, shall mean thirty-three six and ninetytwenty-nine seven one hundredths percent (33.9936.27%). Lessor and Lessee acknowledge that Lessee's Percentage Share, except when said term refers to the cost of maintaining the Common Roadway, has been obtained by dividing the net rental area of the Premises, which Lessor and Lessee agree is 37,071 39,559 square feet, by the total net rental area of the Building, which Lessor and Lessee agree is 109,056 square feet, and multiplying such quotient by 100. Lessee’s Percentage Share shall not be subject to change, except for physical additions or deletions to the Premises or Building, or caused by condemnation or destruction.

Appears in 1 contract

Samples: Commercial Lease (Audentes Therapeutics, Inc.)

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Lessee's Percentage Share. The term “Lessee's ’s Percentage Share,” ”, except when said term refers to the cost of maintaining the Common Roadway, shall mean thirty-three six and ninetytwenty-nine seven one hundredths percent (33.9936.27%). Lessor and Lessee acknowledge that Lessee's ’s Percentage Share, except when said term refers to the cost of maintaining the Common Roadway, has been obtained by dividing the net rental area of the Premises, which Lessor and Lessee agree is 37,071 39,559 square feet, by the total net rental area of the Building, which Lessor and Lessee agree is 109,056 square feet, and multiplying such quotient by 100. Lessee’s Percentage Share shall not be subject to change, except for physical additions or deletions to the Premises or Building, or caused by condemnation or destruction.

Appears in 1 contract

Samples: Net Commercial Lease (Audentes Therapeutics, Inc.)

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