Building Square Footage or BSF definition
Building Square Footage or BSF means the Rentable Area of the Building. “Rentable Area” means the rentable area of the Building or the applicable space in question determined in accordance with BOMA 2017 For Buildings, Standard Methods of Measurement – ANSI/BOMA Z65.1-2017, but after deducting garage lobbies and shaft areas (the “BOMA Standard”). The BSF Notice will be accompanied by the supporting materials relied upon by Landlord’s Architect in determining the Building Square Footage. Tenant shall have the right to have Tenant’s Architect make measurements of the Building or examine Landlord’s Architect’s measurements of the same within thirty (30) days following Tenant’s receipt of the BSF Notice. Tenant shall furnish Landlord with two (2) Business Days’ prior written notice of the date of any field measurements of the Building by Tenant’s Architect and shall furnish a copy of the results of such field measurements to Landlord promptly upon completion thereof. If Tenant’s Architect determines that Landlord’s Architect has overstated the BSF by more than two percent (2%), Landlord and Tenant shall work together to resolve their differences, and any dispute between Landlord and Tenant with respect to the Rentable Area of the Building which cannot be resolved by Landlord and Tenant within thirty (30) days may be resolved at the election of either party by arbitration pursuant to Section 35 below; provided, however, that the arbitrators may only select either Landlord’s Architect’s or Tenant’s Architect’s determination of the BSF. In the event that the arbitrators determine that Tenant’s Architect’s determination of the Rentable Area of the space in dispute is correct, Landlord shall pay to Tenant, within 30 days after such decision, all reasonable out-of-pocket costs and expenses incurred by Tenant in connection with its determination of the BSF and the arbitration. In the event that the arbitrators determine that Landlord’s Architect’s determination of the BSF is correct, Tenant shall pay to Landlord, within 30 days after such decision, all reasonable out-of-pocket costs and expenses incurred by Landlord in connection with the arbitration (but not its initial determination of the BSF). After any such differences as to the BSF Notice have been resolved between Landlord and Tenant, Landlord and Tenant shall execute the BSF Notice, or to the extent necessary, a corrected version thereof. Upon the execution of the BSF Notice by Landlord and Tenant, the Rentable Area set forth in such execu...