Area of Premises definition

Area of Premises means the area expressed in square feet of all floor space of the Premises, measured in accordance with current Building Industry Standards:
Sample 1Sample 2
Area of Premises. The Premises shall be deemed to contain 15,613 rentable square feet, whether the same be more or less in actuality. Said 15,613 rentable square feet is the final agreement of the parties and not subject to adjustment.
Sample 1
Area of Premises. 31,200 square feet.
Sample 1

Examples of Area of Premises in a sentence

  • Tenant shall be entitled to an additional tenant improvement allowance of and No/100 Dollars ($##.00) per square foot of Rentable Area of Premises which, to the extent used, would be amortized as additional rent over the remainder of the initial term of ten (10) years at a rate of percent (##%) per year or if Tenant has exercised an option to extend the Lease, the excess Tenant improvement allowance shall be amortized over the remainder of the current option term.

  • Tenant shall be entitled to an additional tenant improvement allowance of and No/100 Dollars ($##.00) per square foot of Rentable Area of Premises which, to the extent used, would be amortized as additional rent over the initial term of ten (10) years at a rate of percent (##%) per year.

  • Rentable Area of Premises (Section 2.1): Approximately 40,000square feet Term (Section 3): Estimated commencement date: August 1, 2017 Expiration date: July 31, 2018 Base Rent (Section 4.1): Annual Base Rent: $179,988($4.50 per sq.

  • At our discretion, we may convert any and all checks via the Automated Clearing House (ACH) system for •Parking Violations or Other Improper use of Vehicle: •Smoking in Clearly Designated Nonsmoking Unit or Area of Premises: • Unauthorized Pet Fee (See Paragraph 24 - Resident Noncompliance Fee): • Keeping on the Premises an Unauthorized Pet Capable of Causing Damage to Persons or Property.

  • Tenant’s Allocable Share of Common Area Expenses shall initially mean twelve and 3/10th percent (12.3%), provided, that if the Area of Premises increases pursuant to Section 1.3, then Tenant’s Allocable Share of Common Area Expenses shall thereafter be the percentage obtained by dividing the increased Area of Premises by the Area of the Building.

  • Rentable Area of Premises (Section 2.1): Approximately 100 rentable square feet.

  • Rentable Area of Premises (Section 4): Approximately 000 xxxxxx xxxx xx xxxxx xxxxxxxx xxxx.

  • Landlord and Tenant stipulate and agree that the Floor Area of Premises set forth in Item 8 of the Basic Lease Provisions is correct.

  • Address of Premises: 000 Xxxxxxxx Xxxxxx, Xxxxxxx Xxxx, Xxxxxxxxxx Rentable Area of Premises: 23,660 square feet of Rentable Area Term: Four (4) years Scheduled Date for Delivery of Premises: No later than three (3) days after the Effective Date Commencement Date: The earlier of (i) August 1, 2007, (ii) the date Tenant substantially completes, its Tenant Improvement Work within the Premises, or (iii) the date Tenant commences any business operations in the Premises.

  • Rentable Area of Premises (Section 4): Approximately 1,600 square feet of gross building area.


More Definitions of Area of Premises

Area of Premises in rentable square feet ("r.s.f."): Approximately 24,136; in useable square feet: Approximately 22,165
Sample 1
Area of Premises. During the first twelve (12) months of the Term, approximately 50,000 rentable square feet; and during the remainder of the Term, approximately 63,120 rentable square feet (see Section 2.4)
Sample 1
Area of Premises. [See Article 21]
Sample 1
Area of Premises. Suite 301 containing 4,261 rentable square feet (3,838 usable square feet) and Suite 320 containing 2,639 rentable square feet (2,356 usable square feet) for all purposes of this Lease, for a total of 6,900 rentable square feet (6,194 usable square feet), all located on the third floor of the Building as shown on Exhibit C.
Sample 1
Area of Premises. Unit 210 (8,777 square feet) of Net Rentable Area as reflected on the site plan attached hereto as Schedule 1. Tenant acknowledges that the Net Rentable Area of Premises may be different (either greater or lesser) than the Gross Leasable Area (“GLA”) or useable area, as GLA utilizes a portion of common floor area in its calculation.
Sample 1
Area of Premises. Approximately 5,930 rentable square feet.
Sample 1

Related to Area of Premises

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • the Building means any building of which the Property forms part.

  • Premises Building Partial Damage shall herein mean damage or destruction to the building of which the Premises are a part to the extent that the cost of repair is less than 50% of the then replacement cost of such building as a whole.

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Slum area means any area where dwellings predominate which, by reason of depreciation, overcrowding, faulty arrangement or design, lack of ventilation, light or sanitary facilities, or any combination of these factors, are detrimental to the public safety, health or morals.

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Grave space means a space of ground in a cemetery that is used or intended to be used for an in-ground burial.

  • Office Space means the offices of the Service Provider located at 000 Xxxx Xxxxxx, Xxxxx 00, Xxx Xxxx, Xxx Xxxx 00000 (or any successor location or other existing office space of the Service Provider or any of its affiliates).

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Work space means that portion of the court’s facilities dedicated to each court reporter, including but not limited to actual space in the courtroom and any designated office space.