Premises Rentable Area Clause Samples
Premises Rentable Area. Landlord does hereby lease to Tenant and Tenant does hereby lease from Landlord the Premises identified in the Basic Lease Provisions, such Premises being further shown on the drawing attached hereto as Exhibit A-1 and made a part hereof. All corridors and restroom facilities located on the eighth (8th) floor (and any other full floor which may in the future be occupied by Tenant) shall be considered part of the Premises. The Premises shall be prepared for Tenant’s occupancy in the manner and subject to the provisions of the Work Agreement attached hereto as Exhibit B (the “Work Agreement”). The RSF of the Premises and the Building have been determined based upon the ANSI/BOMA Z65.1-2017 promulgated by the Building Owners and Managers Association, as reasonably interpreted by Landlord’s architect for the Building, has been confirmed and is conclusively agreed upon by the parties. No easement for light, air or view is granted hereunder or included within or appurtenant to the Premises. Tenant acknowledges that it has had the opportunity to inspect the Premises, and by accepting the Premises, Tenant shall be deemed to have accepted them in their “AS IS” condition existing as of the Delivery Date (defined below); except for Landlord’s obligation to complete Landlord’s ACM Work (as described in the Work Agreement), if necessary, and as otherwise expressly provided in this Lease. At all times during the Term, but subject to any Casualty, Force Majeure Event (as such terms are defined below) or temporary interruptions required to comply with Landlord’s reasonable security procedures, Tenant shall have access to the Premises 24 hours a day, 7 days a week, 365 days a year.
Premises Rentable Area. Landlord and Tenant hereby acknowledge and agree that, as of November 1, 2020, Section 4 of the BLI shall be amended to provide that the total Premises Rentable Area, as adjusted with respect to the Extension Premises pursuant to BOMA 2010 standards, shall be 125,468 rentable square feet. Specifically, the following adjustments in the rentable square footage of the Extension Premises shall be deemed to be made as of November 1, 2020: Suite#s: RSF prior to 11/1/20: RSF on and after 11/1/20: 100 3,900 3,937 120, 200, 240, 245, 250, 280 290/295 28,412 28,541 260 1,595 1,611 2. Tenant’s Share. Landlord and Tenant hereby acknowledge and agree that, prior to November 1, 2020, Tenant’s Share with respect to the entire Premises shall be 34.57% (i.e., 125,286 rsf / 362,391 rsf), and, on and after November 1, 2020, Tenant’s Share with respect to the entire Premises shall be 34.62% (i.e., 125,468 rsf / 362,391 rsf).
Premises Rentable Area. As of the First Expansion Commencement Date, the “Premises Rentable Area” as set forth in Section 1.1 of the Lease shall be defined as “Approximately 78,031 rentable square feet”. As of the Second Expansion Commencement Date, the “Premises Rentable Area” as set forth in Section 1.1 of the Lease shall be defined as “Approximately 88,272 rentable square feet”.
Premises Rentable Area. In addition, Landlord agrees to maintain at its expense a monument sign at the driveway entrance to the business park of which the Building is a part, on which will be placed Tenant's name (as well as the names of other tenants, if Landlord so chooses) and the location of the Premises. Tenant's name signage on such monument sign will not be entitled to a priority of placement or visibility over those of other tenants;
Premises Rentable Area. Effective as of the Surrender Date, Section 4 of the Basic Lease Information (the “BLI”) shall be amended to provide that the total Premises Rentable Area, as adjusted with respect to the surrender of the Surrender Premises, shall be 83,939 rentable square feet.
Premises Rentable Area. The initial Basic Rent for the Premises has been calculated on the basis of 40,520 square feet of Rentable Area in the Premises, which figure has been stipulated by the parties based on the configuration of the Premises set forth in Exhibit “A-1,” subject to adjustment as set forth in Section 1.2 of the Lease.
Premises Rentable Area. 60,090 square feet (which includes the Premises and Tenant’s Proportionate Share of the Shared Building Area).
Premises Rentable Area. Agreed to be (i) 22,600 rentable square feet prior to and following the expiration of the Expansion Premises Term and (ii) 31,421 rentable square feet for the duration of the Expansion Premises Term.
Premises Rentable Area. Landlord leases to Tenant and Tenant leases from Landlord the Premises located in the Building identified in the Basic Lease Provisions, situated on the Property, such Premises as further shown on the drawings attached hereto as Exhibits A-1 through A-7 and made a part hereof by reference. Landlord and Tenant agree that the rentable area of the Premises as described in Paragraph 2 of the Basic Lease Provisions has been confirmed and conclusively agreed upon by the parties. No easement for light, air or view is granted hereunder or included within or appurtenant to the Premises.
Premises Rentable Area. Agreed to be (i) 6,126 rentable square feet from the Term Commencement Date until the New Premises Substantial Completion Date, (ii) 22,600 rentable square feet from the New Premises Substantial Completion Date until the Expansion Premises Term Commencement Date; (iii) 31,421 rentable square feet from the Expansion Premises Term Commencement Date to the Second Expansion Premises Term Commencement Date; and (iv) 61,417 rentable square feet from the Second Expansion Premises Term to the Expiration Date.
