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. 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.
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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.
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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%.”
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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. 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").
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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 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.

  • TENANT'S HOLD OVER If Tenant remains in possession of the Premises with the consent of Landlord after the natural expiration of this Agreement, a new tenancy from month-to-month shall be created between Landlord and Tenant which shall be subject to all of the terms and conditions hereof except that rent shall then be due and owing at DOLLARS ($ ) per month and except that such tenancy shall be terminable upon thirty (30) days written notice served by either party.

  • 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.

  • Multiple Bedroom Spaces If this Housing Agreement expressly identifies more than one bedroom space in a multi-bedroom apartment as assigned to Resident on page 1, then: (a) references to a “space” or “spaces” will be deemed to refer to all of the spaces assigned to Resident, or to the entire apartment if all of the bedrooms in an apartment are assigned to Resident; and (b) if Resident is assigned fewer than all of the bedroom spaces in an apartment, use of common areas will continue to be shared with other residents of the apartment and any calculation of Resident’s share of any charges assessed pro rata to all residents of an apartment will be made by dividing the number of bedroom spaces assigned to Resident by the total number of occupied bedroom spaces within the apartment.

  • 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.

  • MULTIPLE TENANT OR OCCUPANT(S) Each individual that is considered

  • Tenant’s Personal Property Tenant may (and shall as provided hereinbelow), at its expense, install, affix or assemble or place on any parcels of the Land or in any of the Leased Improvements, any items of Tenant’s Personal Property and Tenant shall, subject to the conditions set forth below and except for any Tenant’s Personal Property that is purchased by Lessor pursuant to Section 37.2 below, remove the same upon the expiration or any prior termination of the Term. Tenant shall provide and maintain during the entire Term all such Tenant’s Personal Property as shall be necessary in order to operate each Facility in compliance with all licensure and certification requirements, in compliance with all applicable Legal Requirements and Insurance Requirements and otherwise in accordance with customary practice in the industry for the Primary Intended Use. Lessor acknowledges that Leasehold Mortgagee has a security interest in Tenant’s Personal Property and, upon the expiration or earlier termination of this Lease as it relates to a Leased Property, Lessor agrees to permit Leasehold Mortgagee to enter on such Leased Property in order to remove such Tenant’s Personal Property, so long as Leasehold Mortgagee, at no expense to Lessor, repairs or causes to be repaired, any damage to such Leased Property caused by any such removal, and further agrees to subordinate, and hereby subordinates, to the lien of Leasehold Mortgagee on such Tenant’s Personal Property any xxxx Xxxxxx has thereon. All of Tenant’s Personal Property not removed by Tenant or Leasehold Mortgagee within twenty-one days following the expiration or earlier termination of this Lease with respect to the applicable Leased Property where such Tenant’s Personal Property is located or sold to Lessor pursuant to Section 37.2 below shall be considered abandoned by Tenant and Leasehold Mortgagee and may be appropriated, sold, destroyed or otherwise disposed of by Lessor without first giving notice thereof to Tenant or Leasehold Mortgagee and without any payment to Tenant or Leasehold Mortgagee and without any obligation to account therefor or otherwise dispose of the same in accordance with applicable law. Tenant will, at its expense, restore such Leased Property to the condition required by Section 9.1(d), including repair of all damage to the Leased Property caused by the removal of Tenant’s Personal Property, whether effected by Tenant, Leasehold Mortgagee or Lessor.

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