Rentable Area and Pro Rata Share Sample Clauses

Rentable Area and Pro Rata Share. The chart in Section 3 of the First Amendment is hereby deleted in its entirety and replaced with the following: Definition or ProvisionMeans the Following (As of the Second Amendment Execution Date) Approximate Rentable Area of 9708 Premises 30,691 square feet Approximate Rentable Area of 9708 Building 30,691 square feet Approximate Rentable Area of 9712 Premises 12,074 square feet Approximate Rentable Area of 9712 Building 22,907 square feet Approximate Rentable Area of South Campus 92,125 square feet Approximate Rentable Area of Project 214,725 square feet Tenant’s Pro Rata Share of 9708 Building 100% Tenant’s Pro Rata Share of 9712 Building 52.71% Tenant’s Pro Rata Share of South Campus for 9708 Premises 33.15% Tenant’s Pro Rata Share of South Campus for 9712 Premises 13.11% Tenant’s Pro Rata Share of Project for 9708 Premises 14.29% Tenant’s Pro Rata Share of Project for 9712 Premises 5.62% ​
Sample 1
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Rentable Area and Pro Rata Share. Effective as of the Additional B7 Premises Commencement Date, the chart in Section 2.2 of the Existing Lease is hereby deleted in its entirety and replaced with the following: Definition or Provision Means the Following(As of the Additional B7 Premises Commencement Date) Rentable Area of Premises 90,378 square feet (Building 2) 22,551 square feet (Building 7) 111,929 square feet (Entire Premises) Rentable Area of North Campus 966,271 square feet Rentable Area of Project 1,389,517 square feet Tenant’s Pro Rata Share of Building 100.00% (Building 2) 12.67% (Building 7) Tenant’s Pro Rata Share of North Campus 9.35% (Building 2) 2.33% (Building 7) 11.69% (Entire Premises) Tenant’s Pro Rata Share of Project 6.50% (Building 2) 1.62% (Building 7) 8.13% (Entire Premises)
Sample 1
Rentable Area and Pro Rata Share. The chart in Section 2.2 of the Existing Lease is hereby deleted in its entirety and replaced with the following: Definition or Provision Means the Following (As of the First Amendment Execution Date) Approximate Rentable Area of Phase I Premises 10,753 square feet Approximate Rentable Area of Phase II Premises 16,432 square feet Approximate Rentable Area of Building 55,898 square feet Approximate Rentable Area of Project 183,344 square feet Tenant’s Pro Rata Share of Building (Phase I Premises) 19.24% Tenant’s Pro Rata Share of Building (Phase II Premises) 29.40% Tenant’s Pro Rata Share of Project (Phase I Premises) 5.86% Tenant’s Pro Rata Share of Project (Phase II Premises) 8.96%
Sample 1
Rentable Area and Pro Rata Share. The Rentable Area of the Premises and Tenant’s Pro Rata Share are hereby modified as follows and the chart set forth in Section 2.2 of the Lease is deleted in its entirety and replaced with the following: Definition or Provision Means the Following (As of the Term Commencement Date} Approximate Rentable Area of Premises 16,459 square feet Approximate Rentable Area of Project 37,684 square feet
Sample 1
Rentable Area and Pro Rata Share a. Effective as of the First Expansion Term Commencement Date, the approximate Rentable Area of the Premises and Tenant’s Pro Rata Share of shall be as follows: Definition or Provision Means the Following (As of the Expansion Term Commencement Date Approximate Rentable Area of Premises 104,587 square feet* Approximate Rentable Area of Building 176,956 square feet Tenant’s Pro Rata Share of Building 59.10%** * Assumes that the Term Commencement Date for the Intrexon Space has occurred. ** Until the Term Commencement Date for the Intrexon Space, Tenant's Pro Rata Share of the Building shall be 43.71%
Sample 1

Related to Rentable Area and Pro Rata Share

  • Tenant’s Pro Rata Share For the period commencing with the Expansion Effective Date and ending on the Termination Date, Tenant’s Pro Rata Share for the Expansion Space is one point one five percent (1.15%).

  • 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.

  • Tenant’s Percentage Share The term "Tenant's Percentage Share" shall mean 46.67% and shall be used to calculate increases in Property Taxes and Operating Expenses (as such terms are hereinafter defined) payable by Tenant. Landlord may reasonably redetermine Tenant's Percentage Share from time to time to reflect reconfigurations, additions or modifications to the Building.

  • Tenant’s Proportionate Share [15%]. Such share is a fraction, the numerator of which is the Rentable Area of the Premises, and the denominator of which is the Rentable Area of the Project, as determined by Landlord from time to time. The Project consists of one building containing a total Rentable Area of 30,000 square feet.

  • Pro Rata Share A Participation Rights Holder’s “Pro Rata Share” for purposes of the Right of Participation is the ratio of (a) the number of Ordinary Shares (calculated on a fully-diluted and as-converted basis) held by such Participation Rights Holder, to (b) the total number of Ordinary Shares (calculated on a fully-diluted and as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Right of Participation.

  • Tenant’s Share The term “Tenant’s Share” shall mean the percentage obtained by dividing Tenant’s Gross Leasable Area by the Building Gross Leasable Area, which as of the Effective Date is the percentage identified in Section G of the Summary.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • 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:

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