Occupancy Density definition

Occupancy Density with respect to the Expansion Premises in the Phase II Temporary Premises Building shall be 4.5 people per one thousand rentable square feet.
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Occupancy Density. 4 people per 1000 square feet of occupied space SCHEDULED TERM COMMENCEMENT DATE: August 1, 1993 LENGTH OF TERM: One Hundred Twenty (120) months RENT: Occupancy Month Level Base Rent ----- ----- --------- Base Rent: 1-2 15,000 sf Free of Base Rent 3-12 15,000 sf $.67/sf/mo NNN 13-24 30,000 sf $.67/sf/mo NNN 25-36 44,280 sf $.67/sf/mo NNN 37-60 44,280 sf $.72/sf/mo NNN 61-96 44,280 sf $.82/sf/mo NNN 97-120 44,280 sf $.90/sf/mo NNN Estimated First Year Basic Operating Cost: $.14/sf/mo of occupied space SECURITY DEPOSIT: $29,700.00 TENANTS PROPORTIONATE SHARE: Months 1-12 11.66% of Project Months 13-24 23.31% of Project Months 25-120 34.41% of Project (Unless occupancy is adjusted as described herein in Paragraph 1) The foregoing Basic Lease Information is incorporated into and made a part of this Lease. Each reference in this Lease to any of the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease paragraph pertaining to such information. In the event of any conflict between the Basic Lease Information and the Lease, the latter shall control. TABLE OF CONTENTS Page BASIC LEASE INFORMATION 1 Table of Contents 2 1. Premises 3 2. Possession and Lease Commencement 3 3. Term 3 4. Use 3 5. Rules and Regulations 3 6. Rent 3 7. Basic Operating Cost 4 8. Insurance and Indemnification 5 9. Waiver of Subrogation 5 10. Landlord's Repairs and Services 5 11. Tenant's Repairs 5 12. Alterations 5 13. Signs 6 14. Inspection/Posting Notices 6 15. Utilities 6 16. Subordination 6 17. Financial Statements 6 18. Estoppel Certificate 6 19. Security Deposit 7 20. Tenant's Remedies 7 21. Assignment and Subletting 7 22. Quiet Enjoyment 7 23. Condemnation 7 24. Casualty Damage 7 25. Holding Over 8 26. Default 8 27. Liens 9 28. Substitution 9 29. Transfers by Landlord 9 30. Right of Landlord to Perform Tenant's Covenants 9 31. Waiver 9 32. Notices 10 33. Attorneys' Fees 10 34. Successors and Assigns 10 35. Force Majeure 10 36. Miscellaneous 10 37. Additional Provisions 10 EXHIBIT "A" Site Plan, Legal Description EXHIBIT "B" Tenant Improvement Specifications EXHIBIT "C" Hazardous Waste Certificate EXHIBIT "D" First Right of Refusal EXHIBIT "E" Exceltech Report dated March 1, 1988
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Occupancy Density means the number of full time employees of Tenant who are primarily located at the Premises but specifically not including invitees, visitors, contractors, consultants or employees temporarily visiting from other locations. Notwithstanding anything to the contrary contained herein, in the event the Occupancy Density in the Renewal Premises and Expansion Premises during the Term exceeds 5 people per 1,000 rentable square feet (currently 148 people) in the Renewal Premises and Expansion Premises (the "5 Threshold Figure") at any time, from and after the date the Occupancy Density first exceeds the 5 Threshold Figure, the Base Rent shall be increased by an amount equal to $.05 per rentable square foot of the Renewal Premises and Expansion Premises per month for the balance of the Term, regardless of whether the Occupancy Density is thereafter decreased below the 5 Threshold Figure. In the event the Occupancy Density in the Renewal Premises and Expansion Premises during the Term exceeds 6 people per 1,000 rentable square feet (currently 178 people) in the Renewal Premises and Expansion Premises (the "6 Threshold Figure") at any time, from and after the date the Occupancy Density first exceeds the 6 Threshold Figure, the Base Rent shall be increased by an amount equal to $.10 per rentable square foot of the Renewal Premises and Expansion Premises per month for the balance of the Term, regardless of whether the Occupancy Density is thereafter decreased below the 6 Threshold Figure. In the event the Occupancy Density in the Renewal Premises and Expansion Premises during the Term exceeds 7 people per 1,000 rentable square feet (currently 207 people) in the Renewal Premises and Expansion Premises (the "7 Threshold Figure") at any time, from and after the date the Occupancy Density first exceeds the 7 Threshold Figure, the Base Rent shall be increased by an amount equal to $.20 per rentable square foot of the Renewal Premises and Expansion Premises per month for the balance of the Term, regardless of whether the Occupancy Density is thereafter decreased below the 7 Threshold Figure.
Sample 1

Examples of Occupancy Density in a sentence

  • The Occupancy Density for the Premises as expanded herein shall be 304 people (5 per 1,000 rentable square feet).

  • The Occupancy Density shall not exceed 4 persons per 1,000 square feet.

  • Basic Lease Information (other than definition of "Project Description", "Permitted Use", and "Occupancy Density"), Articles 2, 3, 6, Section 7.E, Section 8.B(7), Section 13.B, Articles 19, 25, 32, 33, Sections 38.J., 00.X, 00.X, 00.X, 00.X, 39.0, 39.E and Exhibit C.

  • Tenant shall control Tenant's employees, agents, customers, visitors, invitees, licensees, contractors, assignees and subtenants (collectively, "Tenant's Parties") in such a manner that Tenant and Tenant's Parties cumulatively do not exceed the occupant density (the "Occupancy Density") or the parking density (the "Parking Density") specified in the Basic Lease Information at any time.

  • In addition, Landlord reserves the right to modify the Base Building Plans if required by governmental authorities to comply with applicable Laws ("Compliance Changes"); provided that, Tenant shall have the right to approve the manner in which Compliance Changes are effectuated, in Tenant's reasonable discretion, to the extent that the Compliance Changes (a) affect the Occupancy Density or (b) result in a Material Modification.

  • Tenant shall control Tenant's employees, agents, licensees, contractors, assignees and subtenants (collectively, "Tenant's Parties") in such a manner that Tenant and Tenant's Parties cumulatively do not exceed the occupant density (the "Occupancy Density") or the parking density (the "Parking Density") specified in the Basic Lease Information at any time.

  • Further, Landlord and Tenant acknowledge that Tenant's actual Occupancy Density may exceeds Tenant's Parking Density, however, Landlord shall not be obligated to Tenant to provide additional parking in the event the Occupancy Density causes the Parking Density to be exceeded.

  • The Occupancy Density for the Premises as expanded herein shall be 204 (5 per 1,000 rentable square feet).

  • Effective as of the Expansion Premises ----------------- Commencement Date, the Occupancy Density is hereby increased from 213 people to 250 people.

  • Notwithstanding the foregoing, Tenant hereby acknowledges and agrees that in no event shall Landlord be obligated to make any changes to the Building Structure or Building Systems (as defined in Article 7) to accommodate Tenant’s Excess Occupancy Density and nothing set forth herein shall be construed as entitling Tenant or any Tenant Party to use more parking than the Parking Pass Ratio set forth in Section 9 of the Summary.


More Definitions of Occupancy Density

Occupancy Density. One Hundred Twenty Seven (127) individuals Parking Density: Four (4) spaces per 1,000 rentable square feet of the Premises Parking and Parking Charge: Tenant shall lease at least seventy-five (75) and up to one hundred twenty two (122) non-exclusive spaces at the following monthly rates: $40.00 per space per month for months 1 – 12 $45.00 per space per month for months 13 – 24 $50.00 per space per month for months 25 – 36 $55.00 per space per month for months 37 – 48 $60.00 per space per month for months 49 – 60 $65.00 per space per month for months 61 - 72 Tenant may rent up to five (5) reserved spaces at the following monthly rates: $110.00 per space per month for months 1 – 12 $120.00 per space per month for months 13 - 24 $130.00 per space per month for months 25 – 36 $140.00 per space per month for months 37 – 48 $150.00 per space per month for months 49 – 60 $160.00 per space per month for months 61 - 72 Scheduled Term Commencement Date: May 1, 2001 Scheduled Length of Term: Seventy Two (72) months Scheduled Term Expiration Date: April 30, 2007 Rent: Base Rent: $59,408.80 for the period 5/1/01 – 4/30/02 $61,895.68 for the period 5/1/02 – 4/30/03 $64,382.56 for the period 5/1/03 – 4/30/04 $66,869.44 for the period 5/1/04 – 4/30/05 $69,632.64 for the period 5/1/05 – 4/30/06 $72,395.84 for the period 5/1/06 – 4/30/07 Base Year for Operating Expenses: 2001 Security Deposit: $79,635.42 Tenant’s NAICS Code: 541511 Tenant’s Proportionate Share: Of Building: 12.06% Of Project: 12.06% The foregoing Basic Lease Information is incorporated into and made a part of this Lease. Each reference in this Lease to any of the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease paragraph pertaining to such information. In the event of any conflict between the Basic Lease Information and the Lease, the latter shall control.
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Occupancy Density for the Premises, Suite 500, -------------------------------------------- shall be reduced to Sixty-four (64) individuals.
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Occupancy Density. Suite 104: A total of four (4) persons. Suite 300: A total of six (6) persons.
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Occupancy Density. One person per 250 rentable square feet.
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Related to Occupancy Density

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Single Room Occupancy or “SRO” means housing consisting of single room dwelling units that is the primary residence of its occupant or occupants. An SRO does not include facilities for students.

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

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack or locker for the purpose of parking and securing bicycles, and:

  • Occupancy Rate means, for any Property, the percentage of the rentable area of such Property occupied by bona fide tenants of such Property or leased by tenants pursuant to bona fide tenant Leases, in each case, which tenants are not more than 60 days past due in the payment of all rent or other similar payments due under such Leases and paying rent.

  • 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.

  • Unstable area means a location that is susceptible to natural or human-induced events or forces capable of impairing the integrity of some or all of the landfill structural components responsible for preventing releases from a landfill. Unstable areas can include poor foundation conditions, areas susceptible to mass movements, and Karst terranes.

  • 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:

  • Office Building (Premises), means a building or premises or part thereof whose sole or principal use is for an office or for office purposes or clerical work. "Office purposes" includes the purpose of administration, clerical work, handling money, telephone, telegraph and computer operation; and "clerical work" includes writing, book-keeping, sorting papers typing, filing, duplicating, punching cards or tapes, machines calculations, drawing of matter for publication and editorial preparation of matter for publication.

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

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

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

  • Office Premises means any building, facility, or portion thereof, or other premises, whether owned or controlled by CP, which is used solely for clerical or administrative purposes and which does not contain heavy equipment or machinery, as designated by CP from time to time;

  • Landlord’s Work means the work of constructing the Tenant Improvements.

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

  • Parking Space The County shall attempt to provide adequate free parking facilities for employees within a reasonable distance of their work locations.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Habitable space means space in a building used for living, sleeping, eating, or cooking. Habitable space does not include a heater or utility room, a crawl space, a basement, an attic, a garage, an open porch, a balcony, a terrace, a court, a deck, a bathroom, a toilet room, a closet, a hallway, a storage space, and other similar spaces not used for living, sleeping, eating, or cooking.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Acre-foot means the amount of water necessary to cover one acre of land one foot deep, or about 325,851 U. S. gallons of water.

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

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • 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.