Examples of Industrial buildings in a sentence
Industrial Buildings shall mean the Property used as industrial, service center and/or warehouse purposes of no more than one story, with no more than fifteen percent (15%) of the net rentable area used for mezzanine office space.
For the purpose of subparagraph (e) hereof, the Tenant’s proportionate share shall be that proportion of the maintenance costs that the area of the demised premises bears to the total of all leaseable square feet in the Industrial Buildings including the demised premises.
Square Footage: In the event the square footage of the Building is other than 81,778 determined by measurement after completion of construction, within thirty (30) days after the Commencement Date, Landlord and Tenant shall execute an amendment to the Lease setting forth the actual rentable square feet of the Building, which calculation shall be consistent with the BOMA standard for Industrial Buildings (i.e. outside of outside wall to outside of outside wall without deduction).
Create, incur, suffer or permit to exist, or assume or guarantee, directly or indirectly, contingently or otherwise, or become or remain liable with respect to any Secured Debt, other than (a) Secured Debt of no more than $20,000,000.00 in the aggregate assumed by the Borrower in connection with the acquisition of Industrial Buildings, and (b) Non-recourse Debt and liabilities customarily excepted from nonrecourse mortgage financing, such as fraud, criminal activity and misapplication of funds.
For purposes of this Lease, prior to the Commencement Date Landlord’s architect shall measure the rentable square footage of the Premises and the Building pursuant to the Building Owners and Managers Association International Standard Method for Measuring Floor Area under ANSI/BOMA Z65.2-2012 Industrial Buildings Standard Methods of Measurement, Method B (the “BOMA Standard”).
For purposes of this Lease, gross square footage of the Building shall mean gross area of the Building calculated in accordance with the BOMA International, Industrial Buildings: Standard Methods of Measurement, ANSI X00.0-0000, Xxxxxx A (“Architect’s Determination”).
Lessor and Lessee hereby agree that Expansion Premises is conclusively presumed to be 6,121 rentable square feet in the aggregate (based on BOMA Standard Method of Measuring Floor Area in Industrial Buildings (ANSI Z65.2-2012) Drip Line-Method B).
Xxxxxxxxx Free Zone, Ltd., Gradiaz Xxxxx of Jamaica, Ltd., Gradiaz Xxxxx & Co., Inc., Culbro Tobacco Sales Corporation, Industrial Buildings & Properties Inc., Culbro X.X. Xxxxxxx, X.X., Xxxx Xxxxxxxxx & Co., Macanudo Cigar Company, Inc., Partagas Cigar Company, Inc., Culbro International U.K. Ltd., Culbro International, S.A., Xxxx Tool & Plastics Corp.
Landlord warrants and represents that the rentable square foot measures for the Premises and Project have been determined in accordance with the Standard Method for Measuring Floor Areas in Industrial Buildings promulgated by the Association (“ANSI/BOMA Z.65.2-2009” or the BOMA Standards).
The Lessee also waives the right to preferential acquisition conferred by the current Urban Tenancy Act, in the event of a transfer or sale of the Industrial Buildings, as well as the right to indemnization established by Article 34 of the current Act, when applicable.