TENANT’S PROJECT SHARE. The share as specified in Section 1.01(16) and Section 4.01.
TENANT’S PROJECT SHARE. The term “Tenant’s Project Share” shall mean the percentage obtained by dividing the rentable square footage of the Leased Premises at the time of calculation by the rentable square footage of the Building and the Other Buildings at the time of calculation. Such percentage is currently 29.07%. In the event that any portion of the Project is sold by Landlord, or if new improvements are constructed on the Project, or if the rentable square footage of the Leased Premises, the Building, or the Other Buildings is otherwise changed (other than by mere re- measurement after the Initial Measurement of the Building D Leased Premises and the Initial Measurement of the Building), Tenant’s Project Share shall be recalculated to equal the percentage described in the first sentence of this paragraph, so that the aggregate Tenant’s Project Share of all tenant space in the Project shall equal 100% (calculated as if the Building and the Other Buildings were fully occupied). Landlord and Tenant agree that any mere re-measurement after the Initial Measurement of the Leased Premises and the Initial Measurement of the Building (as opposed to an actual physical change) shall not result in a change in rentable square footage.
TENANT’S PROJECT SHARE. “Tenant’s Project Share” as used in this Lease shall mean the ratio (expressed as a percentage) of the total Rentable Area of the Premises to the total Rentable Area of all of the buildings at the Project, each as of the first (1st) day of the calendar month in question, as reasonably determined by Landlord. The parties acknowledge and agree that the total Rentable Area of all of the buildings in the Project may increase and/or decrease from time to time during the Term, since Landlord may elect in its sole discretion to make changes to the buildings situated in the Project (so long as Landlord neither unreasonably interferes with ingress to or egress from the Building).
TENANT’S PROJECT SHARE. Notwithstanding anything to the contrary in the Lease, as hereby amended, as a result of the revision to the rentable square footage of the Premises, "Tenant's Project Share" is hereby amended to equal 4.44%, effective retroactively to the Lease Commencement Date.
TENANT’S PROJECT SHARE. Approximately 18.6
TENANT’S PROJECT SHARE. The third sentence of the definition of Tenant’s Project Share in Article I of the Lease is deleted and the following substituted in place thereof: Initially, Tenant’s Project Share (other than with respect to Food Service Costs and Fitness Facility Costs) shall be 58.0% (191,242/329,534).
TENANT’S PROJECT SHARE. Approximately 14%. (Subject to adjustment as set forth in Section 1.2 of the Lease).
TENANT’S PROJECT SHARE. Tenant’s Lot 1 Share and Tenant’s Building Share shall be the percentages set forth in the Summary, and (ii) Landlord shall not pass through any cost to Tenant in an amount equal to Tenant’s Project Share unless Landlord incurs such cost with respect to the Project as a whole and charges other tenants of the Project on that same basis; Landlord will not pass through 15 to Tenant any cost in an amount equal to Tenant’s Lot 1 Share unless Landlord incurs such cost with respect to Lot 1 as a whole and charges other tenants of Lot 1 on that same basis; and Landlord will not pass through to Tenant any cost in an amount equal to Tenant’s Building Share unless Landlord incurs such cost with respect to the Building as a whole and charges other tenants of the Building on that same basis. Notwithstanding the foregoing, Tenant’s Share shall be subject to increase or reduction (in an amount Landlord shall, in good faith, determine), based upon any increase or reduction in the Rentable Area of the Project, Lot 1, the Building, or the Premises. By way of example only, were Landlord to build “Building “D” of the Project and the square footage of Building “D” was 227,614 rentable square feet, then the aggregate rentable square footage of the Project would increase to 1,855,710 and Tenant’s Project Share would decrease to 6.75%. (d) Payment Commencing on the Commencement Date, and continuing through the Lease Term, Tenant shall pay, on the first day of each calendar month, monthly installments of Tenant’s Share of Operating Expenses, Tenant’s Share of Insurance Expenses and Tenant’s Share of Real Estate Taxes in amounts set forth in a written estimate by Landlord. Landlord shall have the right to revise its estimate upwards one time during a particular calendar year. Provided that Tenant is afforded at least thirty (30) days prior written notice of such revision, then, commencing with Tenant’s next installment of Base Rent due, Tenant thereafter shall pay such amounts set forth in such revised estimate (which may include an additional monthly amount based upon any shortfall in Landlord’s previous estimate). If Tenant is not provided thirty (30) days’ prior written consent of such revision, then Tenant’s obligation to pay such amount shall commence on the first day of the first calendar month following the expiration of the thirty (30) day notice. (By way of example only, if Landlord notifies Tenant that it has revised its estimated statement of Operating Expenses on August...
TENANT’S PROJECT SHARE. 25.00% Permitted Use: General office, sales, storage and training and light assembly operations associated with Tenant's network integration and cabling business. Security Deposit: $5,500 Base Rent: Additional Rent is abated from Commencement Date through January 31, 1997. PORTION OF TERM ANNUAL BASE RENT MONTHLY BASE RENT From Commencement Date to March 31, 1997, inclusive $0.00 $0.00 From April 1, 1997 to November 30, 1997 inclusive $65,317.00 $5,443.08 From December 1, 1997 to November 30, 1998, inclusive $67,276.51 $5,606.38 From December 1, 1998 to November 30, 1999, inclusive $69,294.81 $5,774.57 From December 1, 1999 to November 30, 2000, inclusive $71,373.65 $5,947.80 From December 1, 2000 to November 30, 2001, inclusive $73,514.86 $6,126.24 From December 1, 2001 to Termination Date, inclusive $75,720.30 $6,310.03 Broker(s): Xxxxxx and Xxxxxx, Incorporated The Xxxxxxxx Company Exhibits: Exhibit A - Plan (with location of Lease Premises designated) Exhibit C - Signage Criteria Riders: Rider 101 - Tenant's Option to Terminate Rider 102 - Alternative Lease By Tenant Rider 103 - Option to Renew
TENANT’S PROJECT SHARE. Tenant’s Lot 1 Share and Tenant’s Building Share shall be the percentages set forth in the Summary, and (ii) Landlord shall not pass through any cost to Tenant in an amount equal to Tenant’s Project Share unless Landlord incurs such cost with respect to the Project as a whole and charges other tenants of the Project on that same basis; Landlord will not pass through to Tenant any cost in an amount equal to Tenant’s Lot 1 Share unless Landlord incurs such cost with respect to Lot 1 as a whole and charges other tenants of Lot 1 on that same basis; and Landlord will not pass through to Tenant any cost in an amount equal to Tenant’s Building Share unless Landlord incurs such cost with respect to the Building as a whole and charges other tenants of the Building on that same basis. Notwithstanding the foregoing, Tenant’s Share shall be subject to increase or reduction (in an amount Landlord shall, in good faith, determine), based upon any increase or reduction in the Rentable Area of the Project, Lot 1, the Building, or the Premises. By way of example only, were Landlord to build “Building “D” of the Project and the square footage of Building “D” was 227,614 rentable square feet, then the aggregate rentable square footage of the Project would increase to 1,855,710 and Tenant’s Project Share would decrease to 6.75%.
