Rentable Area. 8.1 The Rentable Area of the Project is determined by making separate calculations of the Rentable Area of each floor of both buildings and totalling the Rentable Area of all floors within the buildings. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Area of the Project without deduction for (i) columns or projections, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area of any nature. 8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which is not then utilized or expected to be utilized by Tenant or other tenants of the Project, including but not limited to the portions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Area. If the Premises are separated from space occupied by another tenant, the Rentable Area shall be measured to the center of any interior demising walls.
Appears in 2 contracts
Sources: Lease (Biocept Inc), Lease (Biocept Inc)
Rentable Area. 8.1 The "Rentable Area of the Project Building" shall mean 719,000 square feet, and the number of rentable square feet and useable square feet in the Premises, respectively, shall be deemed to be the square footages respectively set forth as the "Rentable Area of the Premises" and the "Useable Area of the Premises" in Section 1.4, which have been calculated in accordance with the method of measurement set forth in Exhibit I. If the Rentable Area of the Premises or the Building is reduced as a result of a partial taking in eminent domain or other circumstance (each a "Redetermination Event") then the Rentable Area of the Premises, the Useable Area of the Premises and the Rentable Area of the Building, to the extent each is affected by such Redetermination Event, shall be reasonably redetermined by Sublandlord's space planner or architect for purposes of this Sublease, in a manner consistent with the measurement standards set forth in Exhibit I. In such event, the Basic Rent shall be adjusted by multiplying it by a fraction, the numerator of which is the adjusted number of square feet of Rentable Area of the Premises, as so redetermined by Sublandlord's space planner or architect, and the denominator of which is the Rentable Area of the Premises prior to such redetermination, and "Subtenant's Share" shall be adjusted to the percentage that the Rentable Area of the Premises bears to the Rentable Area of the Building following such redetermination. Whenever any provision of this Sublease calls for any calculation based upon the Rentable Area of any portion of the Building (including, without limitation, any such calculations required pursuant to Articles 6, 13, 14 or 19), such calculations shall be made based upon the Rentable Area as reasonably determined by making separate calculations Sublandlord's space planner or architect in a manner consistent with the method of measurement set forth in Exhibit I (and excluding the Parking Garage in the case of any such calculation of the Rentable Area of each floor of both buildings and totalling the Rentable Area of all floors within the buildings. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roofBuilding). The full area calculated as set forth above is included as Rentable Area of the Project without deduction for (i) columns or projections, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which is not then utilized or expected to be utilized by Tenant or other tenants of the Project, including but not limited to the portions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Area. If the Premises are separated from space occupied by another tenant, the Rentable Area shall be measured to the center of any interior demising walls.
Appears in 1 contract
Sources: Sublease (Focal Communications Corp)
Rentable Area. 8.1 The Rentable Area of the Project Premises as set forth in Section 2.1.1 and as referenced within the Work Letter and as may otherwise be referenced within this Lease, is determined by making separate calculations of the Rentable Area of each floor of both buildings within the Building and totalling totaling the Rentable Area of all floors within the buildingsBuilding (excluding any parking areas). The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building Building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof)plus. The full area calculated as set forth above is included as Rentable Area of the Project Premises without deduction for (i) columns or projections, (ii) vertical penetrations such as stairsstales, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, or (iv) recessed entryways or windows, or (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within as set forth in Section 2.1.1 is an estimate of the area which will upon completion of development of the Building constitute the Rentable Area of the Premises, which stall be conclusive upon the parties unless either party requests a certification of the Rentable Area from the Project which is not then utilized or expected to be utilized by Tenant or other tenants Architect within thirty (30) days following the Term Commencement Date. If either party disputes the certification of the ProjectProject Architect, including but not limited to the portions upon Substantial Completion of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Area. If the Premises are separated from space occupied by another tenantBuilding Shell, the Rentable Area shall be field measured and confirmed by a mutually agreeable architect or civil engineer, which measurement shall be conclusive and binding on Landlord and Tenant. However, the Rentable Area as set forth in Section 2.1. 1 shall be used for all purposes unless the Rentable Area as measured by the Project Architect is two percent (2%) or more greater or less than the Rentable Area set forth in Section 2. 1. 1, in which event Basic Annual Rent, monthly installments of Basic Annual Rent, and the Tenant Improvement Allowance shall be adjusted upward or downward, as the case may be, based on the actual Rentable Area of the Premises as so determined by the Project Architect.
8.3 Landlord and Tenant acknowledge that the Premises are part of the ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Science Center ("Science Center"), which is subject to the center Planned Industrial Permit ("PID") included within the Project Documents. The PID limits the maximum permissible building area square footage which can be constructed in the Science Center, and Table 1 of any interior demising wallsthe PID allocates this building area square footage among the lots included in the Science Center. Center. This Lease provides for building area of 52,800 gross square feet. The current building area allocated to the Premises by the PFD exceeds 52,800 gross square feet. Chevron Land and Development Company, one of the partners of Landlord and the owner of other lots La the Science ▇▇▇▇▇▇, reserves the right, without the consent of Tenant, to process City of San Diego approval of a modification of the building area allocation for the Premises, so that it is reduced to 52,800 gross square feet, and to reallocate the excess square footage to other lots owned by Chevron Land and Development Company, so long as such action does not delay or increase the costs of construction of the Premises.
Appears in 1 contract
Sources: Sublease Agreement (Affymetrix Inc)
Rentable Area. 8.1 The Rentable Area Total rentable area of the Project is determined by making separate calculations Premises and the total rentable area of the Rentable Area of each floor of both buildings and totalling the Rentable Area of all floors within the buildings. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Area of the Project without deduction for (i) columns or projections, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which is not then utilized or Building are expected to be utilized the amounts set forth in Exhibit 1. Notwithstanding the foregoing, within sixty (60) days following the Substantial Completion of Landlord’s Work, Landlord shall have the right to have its architect or engineer remeasure the Premises and/or the Building in accordance with the methods of measuring rentable square feet as described in the American National Institute Publication ANSI/BOMA Z65.1-2017 promulgated by Tenant or other tenants the Building Owners and Managers Association (the “BOMA Standard”), as reasonably modified to reflect specific circumstances of the ProjectBuilding, including but not limited and Landlord shall provide the other with its computational data and CAD file. In addition, from time to time, based on changes to the portions physical layout, size or rentable area(s) thereof, Landlord shall have the right to have its architect or engineer remeasure the Premises and/or the Building in accordance with the methods of measuring rentable square feet as described in the BOMA Standard, as reasonably modified to reflect specific circumstances of the buildings devoted to corridorsBuilding, equipment rooms, rest rooms, elevator lobbies and mailroomsLandlord shall provide Tenant with its computational data and CAD file. In making the event any such allocationsremeasurement reflects that the stated total rentable area of the Premises or the Building set forth herein is different from as stated in Exhibit 1, consideration will be given or as same is modified in connection herewith, the parties hereto shall thereafter adjust the Yearly Rent, Tenant’s Proportionate Share, the Improvement Allowance and Space Planning Allowance and any other charges, expenses or benefits based thereon to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Areareflect the correct measurement. If Tenant’s architect does not agree with Landlord’s determination the party’s architects shall confer to discuss and attempt to resolve the discrepancy in good faith; provided, however, in no event shall any such adjustments be made to reflect a change in rentable area in excess of five percent (5%) higher than the rentable area set forth for the Premises are separated from space occupied by another tenant, the Rentable Area shall be measured to the center of any interior demising wallsin Exhibit 1.
Appears in 1 contract
Sources: Lease (Gritstone Bio, Inc.)
Rentable Area. 8.1 The Rentable Area of the Project Premises as set forth in Section 2.1.1 is determined by making separate calculations of the Rentable Area of each floor of both buildings within the Building and totalling totaling the Rentable Area of all floors within the buildingsBuilding, but excluding any parking areas. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Area of the Project Premises without deduction for (i) columns or projections, (ii) vertical penetrations such as including stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windowswindows and entryways, or and (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which as set forth in Section 2.1.1 is not then utilized or expected to be utilized by Tenant or other tenants an estimate of the Projectarea which will upon completion of the Building constitute the Rentable Area of the Premises, including but not limited which shall be adjusted upon the Term Commencement Date in accordance with a certification of the Rentable Area from Landlord’s architect. If either party disputes the certification of Landlord’s architect within thirty (30) days after the Term Commencement Date by written notice to the portions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Area. If the Premises are separated from space occupied by another tenantother party, the Rentable Area shall be field measured to and confirmed by a mutually agreeable architect or civil engineer, which measurement shall be conclusive and binding on Landlord and Tenant. If the center Rentable Area as determined hereunder is more or less than the Rentable Area set forth in Section 2.1.1, Basic Annual Rent, monthly installments of any interior demising wallsBasic Annual Rent and the Tenant Improvement Allowance shall be adjusted upward or downward, as the case may be, based on the actual Rentable Area of the Premises.
Appears in 1 contract
Sources: Sublease (Salmedix Inc)
Rentable Area. 8.1 The number of rentable square feet and useable square feet in the Premises, respectively, shall be deemed to be the square footages respectively set forth as the "RENTABLE AREA OF THE PREMISES" and the "USEABLE AREA OF THE PREMISES" in SECTION 1.4, which have been calculated in accordance with the method of measurement set forth in EXHIBIT F. If the Rentable Area of the Project Premises is reduced pursuant to ARTICLE 30 or the Rentable Area of the Premises or the Building is reduced as a result of a partial taking in eminent domain or other circumstance (each a "REDETERMINATION EVENT") then the Rentable Area of the Premises, the Useable Area of the Premises and the Rentable Area of the Building, to the extent each is affected by such Redetermination Event, shall be reasonably redetermined by Landlord's space planner or architect and confirmed by Tenant with respect to the measurement of the Premises only for purposes of this Lease, in a manner consistent with the measurement standards set forth in EXHIBIT F and consistent with EXHIBIT A. In such event, the Basic Rent shall be adjusted by multiplying it by a fraction, the numerator of which is the adjusted number of square feet of Rentable Area of the Premises, as so reasonably redetermined by ▇▇▇▇▇▇▇▇'s space planner or architect, and the denominator of which is the Rentable Area of the Premises prior to such redetermination, and "TENANT'S SHARE" shall be adjusted to the percentage that the Rentable Area of the Premises bears to the Rentable Area of the Building following such redetermination. Whenever any provision of this Lease calls for any calculation based upon the Rentable Area of any portion of the Building (including, without limitation, any such calculations required pursuant to ARTICLES 13 or 14), such calculations shall be made based upon the Rentable Area as determined by making separate calculations ▇▇▇▇▇▇▇▇'s space planner or architect and confirmed by Tenant in a manner consistent with the method of measurement set forth in EXHIBITS A AND F (and excluding the Parking Area in the case of any such calculation of the Rentable Area of each floor of both buildings and totalling the Rentable Area of all floors within the buildings. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roofBuilding). The full area calculated as set forth above is included as Rentable Area of the Project without deduction for (i) columns or projections, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which is not then utilized or expected to be utilized by Tenant or other tenants of the Project, including but not limited to the portions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Area. If the Premises are separated from space occupied by another tenant, the Rentable Area shall be measured to the center of any interior demising walls.
Appears in 1 contract
Rentable Area. 8.1 The As used herein, the term "rentable area" shall be computed as follows:
(a) rentable area on a single tenancy floor shall mean the entire area within the exterior walls measured from the inside surface of outer glass and extending the plane thereof into non-glass areas, excluding public elevator shafts and elevator machine rooms, public stairs, fire towers and fire tower courts, and main telephone and electric switchboards, except where the main telephone and electric switchboards are leased by a tenant or are a special installation. All air conditioning floors and other areas within the Building containing equipment, enclosing pipes, ducts, or shafts shall be apportioned to the leased space that they serve; and (b) rentable area for a partial floor shall be measured and computed in the manner described in clause (a) above, except that (i) demising walls separating two (2) leased premises shall be equally divided between such leased premises, (ii) corridor walls to the finished corridor side shall be included in the rentable area of adjacent leased space, (iii) core areas (including the finished enclosing walls thereof but excluding any part of the core leased to a tenant) and corridors (excluding the enclosing walls thereof) shall be apportioned among each leased premises on such floor on the basis of the rentable area of each such leased premises (exclusive of such corridor area) in relation to the total rentable area of all of the leased premises on such floor (exclusive of such corridor area). Based on the foregoing computation made to a degree of accuracy reasonably satisfactory to the parties, the Rentable Area of the Project is determined by making separate calculations Premises set forth in Section 1.3(c) of the Rentable Area of each floor of both buildings and totalling Basic Lease Provisions has been mutually agreed upon by the Rentable Area of all floors within the buildings. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Area of the Project without deduction for (i) columns or projections, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ductsparties, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which is not then utilized or expected to be utilized by Tenant or other tenants of the Project, including but not limited to the portions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Area. If the Premises are separated from space occupied by another tenant, the Rentable Area shall be measured to the center of any interior demising wallsconclusive and binding upon them.
Appears in 1 contract
Sources: Office Space Lease (Cayenta Inc)
Rentable Area. 8.1 The Rentable Area of the Project is Building shall be determined by making separate calculations measuring to the outside of the finished surface of the permanent outer Building wall for each floor of the Building. Outside balconies and patios included within the structure of the Building shall be included in the Rentable Area of the Building. No deductions shall be made for vestibules inside the Building line (drip line) or for columns and projections accessory to the Building. The Rentable Area of the Premises is the Tenant’s pro-rata share of the Building. It shall include the Tenant’s Usable Area plus the Tenant’s pro-rata share of all common areas such as restroom facilities, lobbies, corridors, stairways, mechanical rooms and balconies or patios included within the structure of the Building. The Rentable Area of the Premises shall be determined by multiplying the Usable Area of the Premises by the quotient of the division of the Rentable Area of each floor of both buildings and totalling the Rentable Area of all floors within Building by the buildings. The Rentable Area of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Usable Area of the Project without deduction Building, resulting in the Rentable/Usable Ratio (“R/U Ratio”). Rentable Area ÷ Usable Area = Rentable/Usable Ration (“R/U Ratio”) Usable Area x R/U Ratio = Rentable Area Rentable Area ÷ R/U Ratio = Usable Area The Tenant in the foregoing Lease shall have the option to renew the term of the Lease for one (i1) columns or projectionsrenewal period for a term of five (5) years commencing immediately following the expiration of the then current term, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area said renewal to be occupied by Tenant plus an equitable allocation of Rentable Area within the Project which is not then utilized or expected to be utilized by Tenant or other tenants upon all of the Projectterms, including but not limited to the portions conditions, covenants and provisions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such Lease except as corridors and rest rooms upon such floor, shall be allocated to that tenant’s Rentable Areaprovided below. If the Premises are separated from space occupied by another tenantTenant is granted more than one (1) renewal term, the Rentable Area failure of the Tenant to exercise the option for any renewal period in the manner and within the time herein provided shall terminate the rights of the Tenant with respect to that renewal period and all subsequent renewal periods, if any. The Tenant’s right to exercise the option to renew the term of the Lease shall be measured subject to the center of any interior demising walls.following conditions:
Appears in 1 contract
Rentable Area. 8.1 (a) The term "Rentable Area of the Project is determined by making separate calculations of the Rentable Area of each floor of both buildings and totalling the Rentable Area of all floors within the buildings. The Rentable Area Area" as used herein means (i) in a case of a floor is calculated by measuring to the outside finished surface of each permanent outer building wall where it intersects the single lessee floor, or where it would have intersected the all floor except for recessed entryways, windows and the like (also known as the “drip line”, area measured from where the outside finished inside surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Area outer glass of the Project without deduction Office Building, excluding only the area ("Service Area") within the outside wall used for (i) columns or projectionsbuilding stairs, (ii) vertical penetrations such as stairsfire towers, elevator shafts, flues, pipe shaftsvents, vertical ductsstacks, pipestacks, and vertical ducts (which areas shall be measured from the likemid-point of walls enclosing such areas) but including any Service Area which is for the specific use of Lessee, such as special stairs or elevators, plus a proportionate part of the square footage of the Office Building central areas for providing electrical, mechanical, janitorial, security and mail services as well as the central lobby, central fire exit corridor, and their enclosing walls, central loading dock (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies"Central Area"), and (b) in the like, and their enclosing walls, (iv) recessed entryways or windows, or (v) any other unusable area case of any nature.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area a floor to be occupied by Tenant plus an equitable allocation of Rentable Area more than one (1) lessee, all floor areas within the Project which is not then utilized or expected to be utilized by Tenant or other tenants inside surface of the Project, including but not limited outer glass enclosing the space on such floor and measured to the portions mid-point of the buildings walls separating areas leased by or held for lease to other lessees or from Common Area devoted to public corridors, equipment electrical and telephone rooms, rest roomselevators, elevator lobbies foyers, restrooms, mechanical, janitor's closet, vending areas, and mailroomsother similar facilities for the use of all lessees on the particular floor, plus Lessee's proportionate part of such Common Area located on such floor plus a proportionate share of the square footage of the Office Building's Central Area. In making such allocationsthe case of both single and multiple tenant floors, consideration will telephone, electrical, mechanical, maintenance, janitorial and security rooms not included in the Office Building Central Area, but which serve more than one (1) floor shall be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors considered Common Area and rest rooms upon such floor, shall be allocated to that tenant’s among lessees whose office spaces are served thereby, regardless of whether such Office Spaces are located on the same floor as the rooms in question. Such allocation shall be made in proportion with the Rentable AreaAreas of all Tenants so served. If the Premises are separated No deductions from space occupied by another tenant, the Rentable Area shall be measured made for columns or projections necessary to the center of any interior demising wallsOffice Building.
Appears in 1 contract
Rentable Area. 8.1 9.1 Final measurement of the “Rentable Area” of the Premises shall be determined by Landlord or Landlord’s architect in accordance with the method of measuring rentable area of commercial office space promulgated by the Building Owners and Managers Association International in the ANSI/BOMA Z65.1 – 2010 publication “Office Buildings: Standard Methods of Measurement,” as modified for laboratory-specific accommodations (as consistently applied across the Entire Project). To the extent that the actual Premises as finally measured are larger or smaller than two hundred ninety-seven thousand (297,000) square feet of Rentable Area, then the Tenant Improvement Allowance, Imputed Land Cost, Imputed Financing Cost and Tenant’s Pro Rata Shares (and such other variables in this Lease as, in Landlord’s reasonable determination in consultation with Tenant, are agreed to be a function of Rentable Area) shall all be adjusted accordingly. Landlord may memorialize the intended adjustments during the course of design and construction, subject to final remeasurement in accordance with this Section.
9.2 The Rentable Area of the Entire Project is determined by making separate calculations the total Rentable Area of all buildings within the Entire Project, which Rentable Area of the Entire Project will be adjusted to include the Rentable Area of each floor Building 8 and the Rentable Area of both buildings Building 9 upon the Building 8 Operating Expense Commencement Date and totalling the Building 9 Operating Expense Commencement Date, as applicable (as set forth in Section 8.10). For this purpose, the Rentable Area of the Premises shall be determined as described in Section 9.1 and the Rentable Area of all floors other buildings within the buildings. The Rentable Area of a floor is calculated by measuring to Entire Project shall be determined, at Landlord’s option, either (a) in the outside finished surface of each permanent outer building wall where it intersects the floor, or where it would have intersected the floor except for recessed entryways, windows and the like (also known as the “drip line”, measured from where the outside finished surface of the second floor wall intersects the roof). The full area calculated as set forth above is included as Rentable Area of the Project without deduction for (i) columns or projections, (ii) vertical penetrations such as stairs, elevator shafts, flues, pipe shafts, vertical ducts, and the like, and their enclosing walls, (iii) corridors, equipment rooms, rest rooms, entrance ways, elevator lobbies, and the like, and their enclosing walls, (iv) recessed entryways or windows, same manner or (vb) any other unusable area of any naturein accordance with Landlord’s past practices.
8.2 The term “Rentable Area” when applied to Tenant is the approximate area to be occupied by Tenant plus an equitable allocation 9.3 Review of allocations of Rentable Area within the Project which is not then utilized or expected to be utilized by Tenant or other Areas as between tenants of the Project, including but not limited to Premises and the portions of the buildings devoted to corridors, equipment rooms, rest rooms, elevator lobbies and mailrooms. In making such allocations, consideration will be given to tenants benefited by space allocated such that areas which primarily serve tenants of only one floor, such as corridors and rest rooms upon such floor, Entire Project shall be allocated made as frequently as Landlord deems appropriate in order to that tenant’s Rentable Areafacilitate an equitable apportionment of Operating Expenses. If such review is by a licensed architect and allocations are certified by such licensed architect as being correct, then the Premises are separated from space occupied by another tenant, the Rentable Area Tenant shall be measured to bound by such certifications. For the center of Premises, any interior demising wallssuch review shall be performed in accordance with Section 9.1.
Appears in 1 contract