Measurement of Rentable Area Sample Clauses

Measurement of Rentable Area. Prior to the Lease commencement date, the Lessor shall provide to the Tenant confirmation of the measurement of the rentable area of the Premises from its architect, engineer or designer, and the net rent and Additional Rent shall be adjusted accordingly, if necessary. It is understood and agreed that the rentable area of the Premises shall be measured from the outside of all exterior walls and the centre line of all demising walls.
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Measurement of Rentable Area. Section 34.0 In respect to measurement of rentable area of the Building or Premises or any expansion area added to the Premises, if any, pursuant to the terms of this Lease, Landlord shall first determine the useable area and rentable area of each floor (using the BOMA measurement standard ANSI-BOMA 265.1 - 1996). The Landlord shall add the (i) total rentable area of the Building, and (ii) the total useable area as determined for each floor measured using the aforementioned standard and then divide (i) by (ii) to determine the building rentable/useable factor ("Factor"). Finally, for each floor of the Premises, Landlord shall multiply Tenant's useable area by the Factor to determine Tenant's rentable square foot area for each floor. The total of said rentable square foot area for each floor of the Premises shall be deemed to be the rentable square foot area of the Premises, subject to change pursuant to Section 2.02 D herein. The same methodology shall be utilized to determine and/or adjust the total Building rentable area and usable area.
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Measurement of Rentable Area. Section 34.0 In respect to measurement of rentable area of the Building or Premises or any expansion area added to the Premises, if any, pursuant to the terms of this Lease, Landlord shall first determine the useable area and rentable area of each floor (using the BOMA measurement standard ANSI-BOMA 265.1 - 1996). The Landlord shall add the (i) total rentable area of the Building, and (ii) the total useable area as determined for each floor measured using the aforementioned standard and then divide (i) by (ii) to determine the building rentable/useable factor ("Factor"). Finally, for each floor of the Premises, Landlord shall multiply Tenant's useable area by the Factor to determine Tenant's rentable square foot area for each floor. The total of said rentable square foot area for each floor of the Premises shall be deemed to be the rentable square foot area of the Premises, subject to change pursuant to Section 2.02 D herein. The same methodology shall be utilized to determine and/or adjust the total Building rentable area and usable area. EXHIBIT "A" PREMISES EXHIBIT "B" LEGAL DESCRIPTION Xxx 0, Xxxxx 0, Xxxxxxxxxx Addition, according to the recorded plat thereof, and situate in Hennepin County, Minnesota. In the event Landlord exercises its right to relocate the Tenant Premises into the Phase II Building. The legal description shall be replaced with the following: Xxx 0, Xxxxx 0, Xxxxxxxxxx Addition, according to the recorded plat thereof, and situate in Hennepin County, Minnesota. Landlord shall have the right to replat or otherwise modify the plat of Block 3 Cloverleaf Addition necessary in its reasonable discretion to develop Xxx 0, Xxxxx 0 xxxxxxx. XXXXXXX "X" SITE PLAN EXHIBIT C BUILDING RULES AND REGULATIONS
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Related to Measurement of Rentable Area

  • Rentable Area 6.1. The term “

  • Rentable Area of the Premises The term "Rentable Area of the Premises" shall mean 7,000 square feet, which Landlord and Tenant have stipulated as the Rentable Area of the Premises. Tenant acknowledges that the Rentable Area of the Premises includes the usable area of the premises, without deduction for columns or projections, multiplied by a load factor to reflect a share of certain areas, which may include lobbies, corridors, mechanical, utility, janitorial, boiler and service rooms and closets, restrooms and other public, common and service areas of the Building.

  • Calculation of Rent All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed over a year of three hundred sixty (360) days or, to the extent such Rent is based on the Prime Lending Rate, three hundred sixty-five (365) (or three hundred sixty-six (366), as applicable) days.

  • Adjustment of Rent Lessee and Lessor agree that the payments and allocations of Basic Rent, Stipulated Loss Values, Stipulated Loss Amounts, Termination Values and Termination Amount percentages and the Early Purchase Price shall be adjusted to the extent provided in Section 2.6 of the Participation Agreement.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Common Area Operating Expenses Lessee shall pay to Lessor during the term hereof, in addition to the Base Rent, Lessee's Share (as specified in Paragraph 1.6(b)) of all Common Area Operating Expenses, as hereinafter defined, during each calendar year of the term of this Lease, in accordance with the following provisions:

  • Payment of Rent Except as specifically provided otherwise in this Lease, all rent shall be paid in lawful money of the United States, without any abatement, reduction or offset for any reason whatsoever, to Landlord at such address as Landlord may designate from time to time. Tenant's obligation to pay Base Monthly Rent and all Additional Rent shall be appropriately prorated at the commencement and expiration of the Lease Term. The failure by Tenant to pay any Additional Rent as required pursuant to this Lease when due shall be treated the same as a failure by Tenant to pay Base Monthly Rent when due, and Landlord shall have the same rights and remedies against Tenant as Landlord would have had Tenant failed to pay the Base Monthly Rent when due.

  • Parking Area All Common Area (except sidewalks and service delivery facilities) now or hereafter designated by Landlord for the parking or access of motor vehicles, including roads, traffic lanes, vehicular parking spaces, landscaped areas and walkways, and including any parking structure constructed during the Term. Landlord and/or its successors may, by written notice to Tenant, elect in their sole discretion to increase and/or decrease the Parking Area from time to time during the Term for any reason whatsoever (including without limitation an election by Landlord and/or its successors in their sole discretion to make changes to the buildings situated in the Project, and/or to subdivide, sell, exchange, dispose of, transfer, or change the configuration of all or any portion of the Parking Area from time to time), so long as such changes to the Parking Area do not reduce the number of parking spaces available for Tenant's use below the minimum requirements set forth in PARAGRAPH 37 for a period of sixty (60) consecutive days or more. No such subdivision, sale, exchange, disposition, transfer, or change to the configuration of all or any portion of the Parking Area shall cause the Parking Area to be increased or decreased unless and until Landlord has given Tenant written notice of such increase or decrease.

  • MULTIPLE BUILDINGS If the Premises are part of a group of buildings controlled by Lessor, Lessee agrees that it will abide by, keep and observe all reasonable rules and regulations which Lessor may make from time to time for the management, safety, care, and cleanliness of the grounds, the parking and unloading of vehicles and the preservation of good order, as well as for the convenience of other occupants or tenants of such other buildings and their invitees, and that Lessee will pay its fair share of common expenses incurred in connection therewith.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.

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