Subtenant's Percentage Share Sample Clauses

Subtenant's Percentage Share. From and after the Reduction Date, Subtenant's Percentage Share is decreased to 22.33% (i.e., 69,900/313,063). Notwithstanding anything in this First Amendment to the contrary, Subtenant shall remain liable for all year-end adjustments with respect to Subtenant's Percentage Share of Operating Costs applicable to the Reduction Space for that portion of the calendar year 2018 preceding the Reduction Date. Such adjustments shall be paid at the time, in the manner and otherwise in accordance with the terms of the Sublease, unless otherwise specified herein.
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Subtenant's Percentage Share. Subtenant will pay 100% of all ---------------------------- operating expenses and taxes and assessments payable by Sublandlord under the Lease ("Operating Expenses and Taxes").
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Subtenant's Percentage Share. Subtenant’s Percentage Share shall have the same meaning as Tenant’s Percentage Share defined in Section 1.1(i) of the Sublease, except as modified by this paragraph. As of the Expansion Effective Date, all references in the Sublease to Tenant’s Percentage Share shall be deemed to refer to Subtenant’s Percentage Share. As of the Expansion Effective Date, Subtenant’s Percentage Share shall be 12.875%. Subtenant’s Percentage Share is calculated by dividing the rentable area of the Original Subleased Premises and the Expansion Premises (37,488 + 9,200 = 46,688), by the rentable area of the Building (362,109), and multiplying the resulting quotient by 100 and rounding to the 3rd decimal place. Sublandlord and Subtenant acknowledge and agree that the Subleased Premises constitutes 62.487% of the space leased by Sublandlord from Master Landlord pursuant to the Master Lease.
Sample 1
Subtenant's Percentage Share. As used in this Sublease, the term "Subtenant's Percentage Share" shall mean 43.3%, notwithstanding any different result that may be obtained by a re-measurement of the Subleased Premises in its configuration as existing on the date of this Sublease. (b)
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Subtenant's Percentage Share. The first sentence of Paragraph 4(a)(2) is hereby deleted and the following new first sentence is substituted in its place: “Subtenant’s Percentage Share” for purposes of Tenant’s Common Area Percentage (as defined in the Prime Lease) shall mean 11.87% and “Subtenant’s Percentage Share” for purposes of Tenant’s Building Percentage (as defined in the Prime Lease) shall mean 35.62%.”
Sample 1
Subtenant's Percentage Share. Subtenant will pay one hundred percent (100%) of all operating expenses and taxes and assessments payable by Sublandlord under the Lease ("Operating Expenses and Taxes").
Sample 1
Subtenant's Percentage Share. Effective as of the First Amendment Expansion Date, the term “Base Year” (as defined in Section 3(a)(4) of the Sublease) shall mean the calendar year 2015 with respect to Operating Costs for the Current Subleased Premises and calendar year 2017 with respect to Operating Costs for the First Amendment Expansion Space, and the term “Subtenant’s Percentage Share” (as defined in Section 3.2(a)(7) of the Sublease) shall mean 69% as to the Current Subleased Premises and 31% as to the First Amendment Expansion Space. Sublandlord and Subtenant hereby agree that to correct a scrivener’s error in the Sublease, the definition of “Subtenant’s Percentage Share” set forth in Section 3.2(a)(7) of the Sublease is hereby retroactively adjusted as of October 3, 2014 to mean 69% (i.e., 74,964/108,644). If such adjustment results in an underpayment of Operating Costs by Subtenant, Subtenant shall pay Sublandlord the amount of such underpayment within thirty (30) days after the determination thereof.
Sample 1
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Related to Subtenant's Percentage Share

  • 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 Percentage The ratio of the Rentable Floor Area of the Premises to the total rentable area of the Building, which shall initially be deemed to be one hundred 100% percent.

  • 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%).

  • 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.

  • 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.

  • LESSOR'S ACCESS; SHOWING PREMISES; REPAIRS Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • 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.

  • Personal Property at Tenant’s Risk All of the furnishings, fixtures, equipment, effects and property of every kind, nature and description of Tenant and of all persons claiming by, through or under Tenant which, during the continuance of this Lease or any occupancy of the Premises by Tenant or anyone claiming under Tenant, may be on the Premises, shall be at the sole risk and hazard of Tenant and if the whole or any part thereof shall be destroyed or damaged by fire, water or otherwise, or by the leakage or bursting of water pipes, steam pipes, or other pipes, by theft or from any other cause, no part of said loss or damage is to be charged to or to be borne by Landlord, except that Landlord shall in no event be indemnified or held harmless or exonerated from any liability to Tenant or to any other person, for any injury, loss, damage or liability to the extent prohibited by law.

  • 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 Personal Property Tenant shall provide and maintain (or cause to be provided and maintained) throughout the Term all such Tenant’s Personal Property as shall be necessary in order to operate in compliance with applicable material Legal Requirements and Insurance Requirements and otherwise in accordance with customary practice in the industry for the Permitted Use. If, from and after the Commencement Date with respect to any Property, Tenant acquires an interest in any item of tangible personal property (other than motor vehicles) on, or in connection with, the Leased Property, or any portion thereof, which belongs to anyone other than Tenant, Tenant shall require the agreements permitting such use to provide that Landlord or its designee may assume Tenant’s rights and obligations under such agreement upon Landlord’s purchase of the same in accordance with the provisions of Article 15 and the assumption of management or operation of the Facility by Landlord or its designee.

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