RENTABLE FLOOR AREA Sample Clauses

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RENTABLE FLOOR AREA. Effective as the Effective Date, the definition of "RETABLE FLOOR AREA OF PREMISES" shall be deleted in it entirety and the following inserted in its place: "RENTABLE FLOOR AREA OF PREMISES: 43,962 square feet."
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RENTABLE FLOOR AREA. Tenant’s Rentable Floor Area for the Premises originally leased to Tenant shall be conclusively deemed to be as specified in Section 1.1. Any change in Tenant’s Rentable Floor Area with respect to a partial floor on account of any expansion of the Premises to include a partial floor, casualty or the like shall be reasonably determined by Landlord based on the floor area set forth in Exhibit H and a reasonable allocation of common areas created on such floor. The Building Rentable Floor Area as specified in Section 1.1 may change from time to time for purposes of this Lease only in the event of a modification of the Building, whether by condemnation, change in building plans in any rebuilding following casualty, or other change in or alteration of the Building or facilities serving the Building, and only as mutually and reasonably agreed to by Landlord and Tenant. References in this Lease to floor area measurements shall mean rentable floor area unless the reference explicitly provides otherwise.
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RENTABLE FLOOR AREA. (a) in the case of a whole floor of the Building shall include all areas within the outside walls and shall be computed by measuring to the inside surface of the glass outer building walls without deduction for columns and projections necessary to the Building and shall include Service Areas, but shall not include stairs and elevator shafts supplied by the Landlord and flues, stacks, pipe shafts or vertical ducts with their enclosing walls within the area occupied. (b) in the case of a part of a floor of the Building shall include all areas occupied and shall be computed by measuring from the inside surface of the glass outer building walls to the office side of corridors or other permanent partitions and to the centre of partitions which separate the area occupied from adjoining rentable areas without deduction for columns and projections necessary to the Building and shall include Service Areas exclusively serving only the area occupied, plus a proportionate share of the non-exclusive Service Areas located on such floor, but shall not include stains and elevator shafts supplied by the Landlord and flues, stacks, pipe shafts or vertical ducts with their enclosing walls within the area occupied.
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RENTABLE FLOOR AREA. As used in this Lease, the term "rentable floor area" shall mean (i) the number of usable square feet of floor area within die Premises, plus (ii) Tenant's deemed pro rata share of the square footage within the common areas of the Building,
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Related to RENTABLE FLOOR AREA

  • Rentable Area 6.1. The term “Rentable Area” shall reflect such areas as reasonably calculated by Landlord’s architect, as the same may be reasonably adjusted from time to time by Landlord in consultation with Landlord’s architect to reflect changes to the Premises, the Building or the Project, as applicable.

  • Square Footage Buyer acknowledges that the square footage of the Property has not been measured by Seller, Seller’s broker or its auctioneer (including the square footage of the lot and home) and the square footage quoted on any marketing tools such as advertisements, brochures, MLS data, the auction website and any other information provided is based on information supplied to Seller and is deemed approximate and not guaranteed. Buyer further acknowledges that Buyer has not relied upon any such marketing tool and that such tools are not representations and/or warranties of Seller or its agent.

  • Storage Space 37.1. Subject to the provisions of this Article 37 and the provisions of Articles 11, 15, 16, and 25 of this Lease, Landlord hereby leases to Tenant approximately 400 RSF of storage space (“Storage Space”) on the Concourse Level of the Building in the approximate location as depicted on Exhibit “H”. 37.2. Tenant’s right to use the Storage Space will commence on the Commencement Date and terminate on the earlier of (i) 30 days’ prior written notice terminating Tenant’s lease of the Storage Space from either Landlord or Tenant to the other, or (ii) the expiration or earlier termination of the Term of this Lease. 37.3. During the Term, monthly rent for the Storage Space will be $500.00 ($15.00 per RSF) (“Storage Space Rent”), which will be payable in advance, without notice, on the first day of each month during the Term, at same place and in the same manner as the payment of Fixed Rent. 37.4. Tenant agrees to pay monthly, as Additional Rent, for electricity service usage by Tenant in the Storage Space, the cost of which is initially estimated to be $1.75 per RSF (per annum). 37.5. Tenant will use the Storage Space only for the storage and use of Tenant’s compressor unit and vacuum system subject to compliance by Tenant with the following conditions: (i) no noise in the Storage Space which, in the reasonable judgment of Landlord, might disturb other tenants or occupants of the Building will be made or permitted by Tenant, (ii) nothing will be done or permitted in the Storage Space by Tenant which would impair or interfere with the use or enjoyment of other portions of the Building by any tenant or occupant thereof, and (iii) the use of Tenant’s compressor in the Storage Space will be permitted by, and will be in compliance with, all applicable Laws. Tenant will use the Storage Space in a careful, safe and proper manner and install, at its sole cost and expense, any sound attenuation measures required to ensure that no noise will emanate from the Storage Space which might disturb other tenants or occupants of the Building. Tenant will not overload the floor of the Storage Space and agrees to be fully liable for any damages or losses sustained by Landlord as a result of any overloading by Tenant. Tenant will pay Landlord on demand for any damage to the Storage Space caused by misuse or abuse by Tenant, its agent or employees, or any other person entering the Storage Space under express or implied invitation of Tenant. Tenant will not utilize or permit the Storage Space to be used for any purposes prohibited by any applicable Laws. Tenant will not commit waste nor permit waste to be committed nor permit any nuisance in the Storage Space. 37.6. Landlord will provide a lock and key for the Storage Space; however, Tenant agrees that all property of Tenant kept, stored, or used in the Storage Space will be at the sole risk of Tenant and that Landlord will not be liable for any injury or damage to such property. Tenant will carry and maintain, at Tenant’s expense, insurance covering all property and equipment stored, used, or both in the Storage Space. On the Commencement Date Tenant will accept the Storage Space in its then “as-is” condition, without any further improvement by Landlord. Landlord makes no warranty or representation that the Storage Space will be suitable for any particular purpose. 37.7. Tenant will not sublease all or a portion of the Storage Space or assign its right to Lease the Storage Space. 37.8. Landlord reserves the right to relocate the Storage Space to substantially comparable space in the Building in close proximity to the Premises provided that the ability of the central utility delivery systems can deliver “product”, e.g., nitrogen gas, compressed air, to Tenant’s laboratory is unaffected by any relocation. Landlord will give Tenant a written notice of its intention to relocate the Storage Space and in such event Tenant will complete a relocation within 30 days after receipt of written notice. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other storage space within the Building.

  • 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.

  • Parking Space The address required to find and physically park the Lessee’s vehicle is mandatory for this agreement to be valid. Section II. Term (7)