Leasable Space definition
Examples of Leasable Space in a sentence
So long as the Leasable Space is leased and operated by a third party not related to Developer or the Hotel operator, the workers in the Leasable Space shall not be governed by the Living Wage provisions specified this subsection (l).
The Developer and/or Hotel operator, and all tenants of the Leasable Space, shall actively participate in the on-going activities of any such TMA.
The fraction (expressed as a percentage) determined from time to time by dividing the number of square feet of space in the Premises by the number of square feet of Leasable Space in the Shopping Center, provided, that in certain instances, the denominator may be reduced by the number of square feet in the Shopping Center subject to a ground lease.
Developer shall ensure that the Hotel operator makes information available on-site for hotel employees and hotel guests, and that commercial tenants of the Leasable Space provide their employees with information about local public transit services (including bus lines, light rail lines, bus fare programs, ride share programs and shuttles) and bicycle facilities (including routes, rental and sales locations, on-site bicycle racks and showers.
So long as the Leasable Space is leased and operated by a third party not related to Developer or the Hotel operator, the workers in the Leasable Space shall not be governed by the Living Wage provisions specified this subsection (k).
Moreover, any Surrendered Space must be (1) Leasable Space (as that term is defined below) and (2) must be surrendered to Landlord in the condition required under this Lease with respect to surrender of space at the expiration or termination of this Lease.
All Leasable Space Operators (if separate from the Developer's Hotel operations) shall make available to their respective employees on an on-going basis a 50% monthly subsidy for a Metro EZ public transit pass (or equivalent multi-agency monthly transit pass).
In any event, not more than five percent (5%) of the Leasable Space at the Project shall be leased to any one or more Affiliates of Borrower or either Guarantor or any Person in which Borrower or Guarantor possesses an ownership interest.
Developer shall require in any leases it executes as landlord (or management, operating or similar agreement) that the Hotel and any Restaurant or Leasable Space operators must implement the TDM Plan with respect to the areas of the Property leased by Developer to the Hotel and any Restaurant or Leasable Space operators, including the annual survey described in Section 2.7.2(b)(i) above and the requirement to participate in the TMA in Section 2.7.2(b)(ii)(2.7.2.1) above..
Developer shall ensure that the Hotel operator promotes and makes information available on-site for hotel employees and hotel guests, and that commercial tenants of the Leasable Space promote and provide their employees with information about local public transit services (including bus lines, light rail lines, bus fare programs, ride share programs and shuttles) and bicycle facilities (including routes, rental and sales locations, on-site bicycle racks and showers.