Common use of Tenant’s Percentage Clause in Contracts

Tenant’s Percentage. The ratio of the Rentable Floor Area of the Premises to the total rentable area of the Building, which shall be 100%. Initial Estimate of Tenant’s Percentage of Taxes for the Tax Year: $60,000.00 Initial Estimate of Tenant’s Percentage of Operating Costs for the Calendar Year: $70,440.00 Permitted Uses: General business offices and light manufacturing and assembly. Public Liability Insurance Limits: Commercial General Liability: $3,000,000 per occurrence $5,000,000 general aggregate

Appears in 4 contracts

Samples: Termination Agreement (ConforMIS Inc), Termination Agreement (ConforMIS Inc), Lease (ConforMIS Inc)

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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 100deemed to be 12.06%. Initial Estimate of Tenant’s Percentage of Taxes for the Tax Year: $60,000.00 14,044.00 Initial Estimate of Tenant’s Percentage of Operating Costs for the Calendar Year: $70,440.00 19,545.00 Permitted Uses: General business offices and light Light manufacturing and assembly. administrative offices Public Liability Insurance Limits: Commercial General Liability: $3,000,000 1,000,000 per occurrence $2,000,000 general aggregate Commercial Excess Liability and/or Umbrella: $5,000,000 general aggregateaggregate $5,000,000 per occurrence Guarantor: N/A

Appears in 2 contracts

Samples: Office Lease (Avedro Inc), Office Lease (Avedro Inc)

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