Common use of Stipulation of Rentable Square Feet of Premises Clause in Contracts

Stipulation of Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feet” of the Premises shall be deemed to be as set forth in Section 2.2 of the Summary. For purposes of this Lease, the “rentable square feet” of the Premises and the Building and the other buildings in the Project shall be calculated by Landlord pursuant to the Standard Method for measuring Floor Area in Office Buildings, ANSI Z65.1-2017,or any subsequent updated standard as may be used by Landlord so long as such updated standard does not increase Tenant’s Share of the Project during the initial Lease Term (“BOMA”), as modified for the Project pursuant to Landlord’s standard rental area measurements for the Project, to include, among other calculations, a portion of the common areas and service areas of the Building and other buildings in the Project.

Appears in 2 contracts

Samples: Lease (Organovo Holdings, Inc.), Lease (Organovo Holdings, Inc.)

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Stipulation of Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feet” of the Premises shall be deemed to be as set forth in Section 2.2 of the Summary. For purposes of this Lease, the “rentable square feet” of the Premises and the Building and the other buildings in the Project shall be calculated by Landlord pursuant to the Industrial Buildings: Standard Method for measuring Floor Area in Office Buildings, ANSI Z65.1Measurement ANSI/BOMA Z65.2-2017,or 2019,or any subsequent updated standard as may be used by Landlord so long as such updated standard does not increase Tenant’s Share of the Project during the initial Lease Term (“BOMA”), as modified for the Project pursuant to Landlord’s standard rental area measurements for the Project, to include, among other calculations, a portion of the common areas and service areas of the Building and other buildings in the Project.

Appears in 1 contract

Samples: Aethlon Medical Inc

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Stipulation of Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feet” of the Premises shall be deemed to be as set forth in Section 2.2 of the Summary. For purposes of this Lease, the “rentable square feet” of the Premises and the Building and the other buildings in the Project shall be calculated by Landlord pursuant to the Standard Method for measuring Floor Area in Office Buildings, ANSI Z65.1-2017,or any subsequent updated standard as may be used by Landlord so long as such updated standard does not increase Tenant’s Share of the Project during the initial Lease Term (“BOMA”), as modified for the Project pursuant to Landlord’s standard rental area measurements for the Project, to include, among other calculations, a portion of the common areas and service areas of the Building and other buildings in the Project.

Appears in 1 contract

Samples: Lease (Aethlon Medical Inc)

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