Verification of Rentable Area Sample Clauses

Verification of Rentable Area. The size of the leased building space ----------------------------- on which the rent has been computed is determined pursuant to DIN 277 (NGF). Within thirty (30) days after completion of any expansion, Landlord's architect shall calculate and certify in writing to Landlord and Tenant the Rentable Area of the expansion. Corridors, staircases and mezzanine floors (including floors constructed by Tenant) to be part of rentable space. Modifications of building or fit-out by Tenant not to be considered. On this final determination of the Rentable Area of the Building Rent shall be recalculated in accordance with that final determination. The parties shall execute an amendment to this Lease stating the recalculated Rent.
Sample 1
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Verification of Rentable Area. The size of the leased building ----------------------------- space on which the rent has been computed is determined pursuant to DIN 277 (NGF). Within thirty (30) days after Completion Date or any expansion, Landlord's architect shall calculate and certify in writing to Landlord and Tenant the Rentable Area of the Building or any part or expansion thereof. Corridors, staircases and mezzanine floors (including floors constructed by Tenant) to be part of rentable space. Modifications of building or fit-out by Tenant not to be considered. On this final determination of the Rentable Area of the Building, if the Rentable Area is different from that stated in Sections 4 and 5 Lease ---------------- Summary, Rent shall be recalculated in accordance with that final determination. The parties shall execute an amendment to this Lease stating the recalculated Rent. If there is a dispute over the Rentable Area of the Building that has not been settled by the date on which Tenant is required to begin paying Rent under this Lease, Tenant shall pay to Landlord the Rent stated in Section 9 Lease --------- Summary until final determination of the Rentable Area. If the Rent after final determination of the Rentable Area is more than the Rent specified in Section 9 --------- Lease Summary, the deficiency must be paid by Tenant to Landlord, without interest, within thirty
Sample 1
Verification of Rentable Area. After completion of construction of the Premises and once the Premises are Ready for Occupancy (as defined in the Work Letter), Landlord’s architect shall certify by letter to Tenant the actual RSF of the Office Space and the Warehouse Space. Tenant shall have ten (10) days from receipt of the architect’s certification letter to review the square footage calculations and to remeasure the Premises, Bathroom Common Area and the Building. If Tenant disagrees with Landlord’s architect’s determination of the final Rentable Area, Tenant shall so notify Landlord in writing, and Landlord’s and Tenant’s architects shall meet and attempt in good faith to resolve the difference. In the event that subsequent remeasurement of the Premises or the Building by Tenant, within the time period specified above, indicates that the RSF measurement prepared by Landlord’s architect produces a RSF number in excess of or lower than the RSF which would have resulted had the method described above been properly utilized, any payments due to Landlord from Tenant based upon the RSF shall be proportionally, retroactively and prospectively reduced or increased, as appropriate, to reflect the actual RSF as properly remeasured. If Landlord disagrees with Tenant’s remeasurement and if a dispute occurs regarding the final accuracy of such measurements and Landlord’s and Tenant’s architects are unable to reach agreement within ten (10) business days following Tenant’s notice to Landlord, such dispute will be resolved pursuant to binding arbitration pursuant to Section 19.1. A statement of the Rentable Area shall be included in the Lease Commencement Memorandum executed by the parties as provided in Section 3.2.
Sample 1
Verification of Rentable Area. At any time during the first year of the Term, either Landlord or Tenant may cause the Premises and/or the Building to be measured by an independent architect or space planner competent to make the measurement to verify the actual number of square feet of Rentable Area included in the Premises and/or the Building. If the verified number of square feet of Rentable Area for the Premises is more or less than the number stated in the Basic Lease Provisions, the Base Rent will be adjusted, effective as of the Commencement Date, and for the balance of the Term, to reflect the Base Rent on the verified number of square feet of Rentable Area in the Premises. If the verified number of square feet of Rentable Area for the Building is more or less than the number stated in the Basic Lease Provisions, Tenant's Share will be adjusted, effective as of the Commencement Date and for the balance of the Term, to reflect the actual proportion that the verified number of square feet of Rentable Area in the Premises bears to the total verified number of square feet of Rentable Area in the Building. If an adjustment is required, Landlord or Tenant, as applicable, must pay to the appropriate party, in cash, the amount of any overpayment or underpayment of Base Rent and/or Tenant's Share of the actual Operating Expenses within 30 days after notice of the verified number of square feet of Rentable Area; and both parties agree to execute an amendment to this Lease providing for the adjustment.
Sample 1
Verification of Rentable Area. COUNTY reserves the right to verify the square footage of the Premises, including the building and outdoor areas, and COUNTY reserves the right, with the consent of LESSOR, to amend this Lease based on any discrepancy in square footage as recited in Section 1.1 - PREMISES.
Sample 1

Related to Verification of Rentable Area

  • Calculation of Rent All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed over a year of three hundred sixty (360) days or, to the extent such Rent is based on the Prime Lending Rate, three hundred sixty-five (365) (or three hundred sixty-six (366), as applicable) days.

  • Collection of Rent In any case where State has a cause of action for damages, State shall have the privilege of splitting the cause to permit the institution of a separate suit for rent due hereunder, and neither institution of any suit, nor the subsequent entry of judgment shall bar State from bringing another suit for rent; it being the purpose of this provision to provide that the forbearance on the part of State in any suit or entry of judgment for any part of the rent reserved under this contract, to sue for, or to include in, any suit and judgment the rent then due, shall not serve as defense against, nor prejudice a subsequent action for, rent or other obligations due under the contract. The claims for rent may be regarded by State, if it so elects, as separate claims capable of being assigned separately.

  • Landlord’s Notice Address The Landlord’s Notice Address set forth in Section 1.12 of the Lease is hereby deleted in its entirety and replaced with the following:

  • RELOCATION OF PREMISES Landlord shall have the right to relocate the Premises to another part of the Building in accordance with the following:

  • Acceptance of Rent 7.1 Acceptance of Rent by the Landlord or the Landlord’s Agent shall be at all times without prejudice to and shall not be a waiver of the rights and remedies of the Landlord in respect of any breach of the Tenant’s agreements of stipulations contained in this Agreement; and any Rent paid by any third party will be accepted from that person as the agent of the Tenant only and will not confer on the third party any rights as the Tenant.

  • CONSTRUCTION OF PREMISES Landlord will diligently perform “Landlord’s Work” and Tenant will diligently perform “Tenant’s Work” (if any) as described in the Workletter attached as Exhibit “F” in accordance with the Workletter and the rest of this Lease. Landlord’s Work will be deemed substantially completed even if Landlord has not completed “punch list” or other minor items, as long as (i) Landlord agrees to use reasonable efforts to complete these items within thirty (30) days of signing the punch-list, excluding any items which require special materials or equipment that are unavailable; and (ii) the punch-list items can be completed after Tenant’s occupancy without causing substantial interference with Tenant’s use of the Premises. Tenant’s final punch list will be submitted to Landlord with in fifteen (15) days after Landlord notifies Tenant that Landlord’s Work is substantially completed. Substantial completion of Landlord’s Work will be deemed to have occurred on the earlier of: the date as of which Landlord’s architect certifies in good faith that Landlord’s Work has been substantially completed in substantial conformance with the plans and specifications therefore (or the date as of which such substantial completion would have occurred but for any delays or Tenant’s Work for which Tenant is responsible); or the date that the applicable governmental authorities issue a temporary or final certificate of occupancy for the Premises (or the date as of which such a certificate of occupancy reasonable could have been issued but for any delays or Tenant’s Work for which Tenant is responsible). If and as long as Tenant does not interfere in any way with the construction process (by causing disharmony, scheduling or coordinating difficulties, etc.) Tenant, may, at Tenant’s sole risk and expense, enter the Premises 30 days prior to the substantial completion of Landlord’s Work (“Early Access Period”) for the purposes of installing Tenant’s decorations, movable furniture and business fixtures. The determination of such interference by Landlord shall be conclusive. The Early Access Period shall commence upon Tenant’s receipt of Landlord’s notice of same. For the time period commencing on the date that Landlord’s Work is substantially complete and ending on the date that is ten days after such substantial completion (the “Fixture Period”), Tenant shall have the right to access the Premises for the purposes of installing its furniture, fixtures, audio/visual, security, and other equipment Any access by Tenant prior to the Lease Commencement Date shall be subject to all the terms and conditions of this Lease, except that Tenant shall not be obligated to pay rent during the Fixture Period.

  • Building Name Landlord reserves the right at any time and from time to time to change the name by which the Building is designated.

  • Landlord’s Address c/o Xxxx Xxxx 0000 X. Xxxxx Xxxxxxx Xxxxxx Xxxxxxxx, XX 00000 Telephone: (000) 000-0000

  • Definition of Rent All costs and expenses which Tenant assumes or agrees to pay to Landlord under this Lease shall be deemed additional rent (which, together with the Base Rent is sometimes referred to as the "Rent"). The Rent shall be paid to the Building manager (or other person) and at such place, as Landlord may from time to time designate in writing, without any prior demand therefor and without deduction or offset, in lawful money of the United States of America.

  • Payment of Rent (19) If the tenant is required to pre-pay rent in advance it should be selected. This is common with tenants with no or bad credit history. Section XIII.

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