Agreed Rentable Area definition

Agreed Rentable Area. 66,900 square feet.

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Agreed Rentable Area means the rentable square footage, on either a single tenancy floor or a floor to be occupied by more than one tenant, that is determined by measuring and computing the rentable area on each type of floor in accordance with the Standard Method for Measuring Floor Area in Office Buildings promulgated by Building Owners and Managers Association International (ANSI/BOMA Z65.1-1996) (“BOMA”), with an add-on factor for single tenant floors of 5% and an add-on factor for multi-tenant floors equal to the greater of (i) 15%, or (ii) the lesser of the Building’s then-standard modified multi-tenant factor or the multi-tenant add-on factor as determined in accordance with BOMA.

Agreed Rentable Area as defined in Item 2 of the Basic Lease Provisions, shall be amended to mean 113,368 square feet. The Third Expansion Space shall be subject to all the terms and conditions of the Lease except as expressly modified herein and except that Tenant shall not be entitled to receive any allowances or free rent in connection with the Third Expansion Space granted with respect to the Current Premises unless such concessions are expressly provided for herein with respect to the Third Expansion Space.

Examples of Agreed Rentable Area in a sentence

If the Agreed Rentable Area of the Premises is more than 30,000 square feet, then, in addition to and not in lieu of the above stated coverage, Tenant shall carry umbrella or so called excess coverage in an amount not less than $1,000,000.00 over Tenant's base coverage amount.
If the Agreed Rentable Area of the Premises is more than 20,000 square feet, then, in addition to and not in lieu of the above-stated coverage, Tenant shall carry umbrella or so-called excess coverage in an amount not less than $1,000,000.00 over Tenant's base coverage amount with no deductible.
The agreed rentable area of the Premises is hereby stipulated to be the "Agreed Rentable Area" of the Premises set forth in Item 2b of the Basic Lease Provisions, irrespective of whether the same should be more or less as a result of minor variations resulting from construction of Tenant's Improvements (as defined in Exhibit D attached hereto).
The agreed rentable area of the Building is hereby stipulated to be the "Agreed Rentable Area" of the Building set forth in Item 1b of the Basic Lease Provisions, irrespective of whether the same should be more or less as a result of minor variations resulting from actual construction or repair of the Building.
The agreed rentable area of the Building is hereby stipulated to be the "Agreed Rentable Area" of the Building set forth in Item 1b of the Basic Lease Provisions.
Notwithstanding the foregoing, Basic Rent for 6,000 square feet of Agreed Rentable Area of the Premises shall be abated for the first six (6) months of the Lease Term.
Additionally, so long as Tenant leases at least 66,000 square feet of Agreed Rentable Area in the Building, Tenant shall be entitled to two (2) visitor parking spaces reserved for Tenant's visitors only.
So long as the Lease remains in effect, Tenant or persons -------------- designated by Tenant shall have the right (but not the obligation) to use parking spaces at the ratio of one (1) parking spaces per 270 square feet of Agreed Rentable Area in the Premises, which ratio includes handicap and visitor parking spaces.
Tenant's Initial Monthly Payment of Additional Rent: $ 8.00 per square foot of Agreed Rentable Area; $ 44,600.00 per month.
Landlord and Tenant entered into that certain Office Lease Agreement dated as of July 15, 2009 (the “Lease Agreement”) pursuant to which Tenant leases from Landlord approximately 50,798 square feet of Agreed Rentable Area (the “Current Premises”) known as Suite 300 in that certain building known as 3900 San Clemente, and located at ▇▇▇▇ ▇.

More Definitions of Agreed Rentable Area

Agreed Rentable Area of the Premises set forth in Item 1(a) of the Definitions. The agreed rentable area of the Complex is hereby stipulated to be the "Agreed Rentable Area" of the Complex set forth in Item 1(j) of the Definitions.

Agreed Rentable Area. 97,289 square feet.

Agreed Rentable Area of the Premises set forth in Item 2b of the Basic Lease Provisions. The agreed rentable area of the Building is hereby stipulated to be the “Agreed Rentable Area” of the Building set forth in Item 1b of the Basic Lease Provisions, irrespective of whether the same should be more or less as a result of minor variations resulting from actual construction or repair of the Building. For purposes of computing the Agreed Rentable Area in connection with any expansion of the Premises pursuant to Rider 2 or any contraction pursuant to Rider 5, the term “Agreed Rentable Area” shall mean the rentable square footage, on either a single tenancy floor or a floor to be occupied by more than one tenant, that is determined by measuring and computing the rentable area on each type of floor in accordance with the Standard Method for Measuring Floor Area in Office Buildings promulgated by Building Owners and Managers Association International (ANSI/BOMA Z65.1-1996) (“BOMA”), with an add-on factor for single tenant floors of 5% and an add-on factor for multi-tenant floors equal to the greater of (i) 15%, or (ii) the lesser of the Building’s then-standard modified multi-tenant factor or the multi-tenant add-on factor as determined in accordance with BOMA.

Agreed Rentable Area. 121,423 square feet.

Agreed Rentable Area of the Premises set forth in Item 3a of the Basic Lease Provisions.