Area of the Leased Premises definition

Area of the Leased Premises. As stated in Section 6 and in Appendix F of the Agreement and as marked in Appendix A1. “The Bank” — Bank Leumi le-Israel Ltd.
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Area of the Leased Premises. Within its meaning in Appendix F of the Lease Agreement.
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Area of the Leased Premises means the area (expressed in square feet) of the Leased Premises calculated as follows: (i) in the case of a multi-tenant floor, the Net Rentable Area plus an amount equal to the product of the fraction having as its numerator the Net Rentable Area of the Leased Premises on the floor and as its denominator the sum of the Net Rentable Areas of such floor, multiplied by the total area of the Service Area of such floor; (ii) in the case of a single-tenant floor, measured from the inside finish of permanent outer walls or the glass line if at least fifty percent (50%) of the outer Building wall is glass, and including all space inside such walls less stairs, shafts, flues, and vertical ducts within their enclosing walls, without deduction for columns and projections necessary to the Building, and in additional one hundred percent (100%) of the area of all balconies on such floor.
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Examples of Area of the Leased Premises in a sentence

  • Thereafter, the Annual Basic Rent, and Tenant’s Operating Expense Share and Tenant’s Tax Share shall be calculated based on the Net Rentable Area of the Leased Premises not so taken or condemned.

  • The “as built” Rentable Area of the Leased Premises shall be the true Rentable Area of the Leased Premises at the time Landlord tenders possession of the Leased Premises to Tenant.

  • From the date Tenant is required to vacate that portion of the Leased Premises so taken, the Rent and Additional Rent payable hereunder shall be reduced in the same proportion that the area taken bears to the Rentable Area of the Leased Premises prior to the taking.

  • The Rentable Area of the Leased Premises is deemed to be the square footage set forth in section 1.4 of this Lease as of the date hereof, and Rentable Area of the Building is deemed to be the square footage set forth in section 1.5 hereof.

  • Promptly following the Contraction Premises Surrender Date, Landlord and Tenant shall amend the Lease Supplement for the Property in which the Contraction Premises are located and Exhibit A to this Lease to reflect the termination of the Contraction Premises from the Leased Premises and to confirm the terms thereof, including the reduction in the Net Rentable Area of the Leased Premises, the reduction in Annual Basic Rent and the change to Tenant’s Occupancy Percentage at the Contraction Premises.

  • Upon determination of the actual Rentable Area of the Leased Premises and rentable area of the Building, the Minimum Annual Rent and all other rents payable by Tenant hereunder shall be adjusted to reflect the actual square footage.

  • If more than fifteen percent (15%) of the Rentable Area of the Leased Premises is taken or appropriated by the power of eminent domain, this Lease, at the option of either party, may be terminated by written notice given to the other party not more than thirty (30) days after Landlord and Tenant receive written notice of the taking or appropriation, and such termination shall be effective as of the date Tenant is required to vacate the portion of the Leased Premises so taken.

  • Done at Brussels, For the Council The PresidentLEGISLATIVE FINANCIAL STATEMENT 1.

  • The annual Basic Rent set out in Section 3.01(a) is calculated on the basis of the Rentable Area of the Leased Premises being approximately the number of square feet set out in Section 1.01 (d) at the rates for each square foot of Rentable Area set out in Section 1.01(g).

  • Such use shall not exceed one percent (1%) of the Useable Area of the Leased Premises unless otherwise agreed.


More Definitions of Area of the Leased Premises

Area of the Leased Premises means the rentable area of the Leased Premises measured in accordance with the BOMA Standard of Measurement (ANSI Z65.1 - 1996).
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Area of the Leased Premises means that area outlined in red in Exhibit "A" attached hereto and signed by the parties for identification measuring, to be computed from the outside of the exterior walls and from the central line of the partition walls and comprising a total area of approximately FORTY ONE THOUSAND AND NINETEEN square feet (41,019 sq. ft.). The Rentable Area of the Leased Premises will be subject to verification and measurement by Tenant's Architect (as defined in Article 27). The Tenant acknowledges that Rentable Area of the Premises as set forth in the Basic Lease Provisions has been determined in accordance with "Article 27" attached hereto and made a part hereof. If either the Rentable Area of the Premises or the Building shall be increased or decreased, as determined by the method of measurement specified on Article 27, the Annual Base Rent and the Tenant's Premises Percentage shall be adjusted accordingly. Initials -------------------------- Landlord Tenant
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Area of the Leased Premises means the square foot area of the Leased Premises calculated in accordance with BOMA;
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Area of the Leased Premises means that area outlined in red in Exhibit "A" attached hereto and signed by the parties for identification measuring, to be computed from the outside of the exterior walls and from the central line of the partition walls and comprising a total area of approximately FORTY ONE THOUSAND AND NINETEEN square feet (41,019 sq. ft.). The Rentable Area of the Leased Premises will be subject to verification and measurement by Tenant's Architect (as defined in Article 27).
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Related to Area of the Leased Premises

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

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

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

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • 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.

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

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

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

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

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

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

  • 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.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

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

  • Leased Area means the Crown land referred to in, subclause (1) of clause 9 hereof; [“mineral lease”] 4

  • 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.

  • School premises means either of the following:

  • 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.

  • Outside Areas means all areas within the Property which are located outside the buildings, such as pedestrian walkways, parking areas, landscaped areas, open areas and enclosed trash disposal areas.

  • 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.

  • 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.

  • Parking Area means the area designated as a permitted parking area and a special parking area by the Road Traffic (Permitted Parking Area and Special Parking Area) (Angus Council) Designation Order 2017; and “permitted parking area” and “special parking area” are to be read accordingly;”; and

  • Licensed premises means all areas associated with the operations of the licensee, including, but not limited to:

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

  • Parking Areas means those portions of the Common Areas or other areas under Landlord’s control which from time to time are designated by the Landlord for the parking of automobiles and other automotive vehicles while engaged in business upon the Premises (other than while being used to make deliveries to and from the Premises).