Aggregate Square Footage definition
Examples of Aggregate Square Footage in a sentence
The allocations of Aggregate Square Footage to Parcel 200 provided for above are based on the estimated Leasable Square Footage of the Building (197,402 square feet) and the Expansion (46,080 square feet), and upon determination of the actual Leasable Square Footage of the Building and, if applicable, the Expansion, appropriate reallocations of the Aggregate Square Footage shall be made.
Borrower’s failure to timely deliver such certificate shall be deemed Borrower’s certification that the Below-Market Lease Aggregate Square Footage exceeds one hundred thousand square feet (100,000), which deemed certification shall continue until Borrower delivers a certificate in accordance with the foregoing confirming otherwise.
At such time, if any, that Landlord leases the Expansion to Tenant as contemplated by Section 2.9, if the Parcel 200 Transaction has then closed, Landlord shall cause Ground Lessor, as Declarant under the Declaration, to allocate to Parcel 200, as contemplated by Section 9.3 of the Declaration, an additional 46,080 square feet of the Aggregate Square Footage presently allocated to the Residual Parcel.