Occupancy Density definition

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.
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 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 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.
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

Examples of Occupancy Density in a sentence

  • Determination of indicators and variables of two main factors used in this study is based on parameters that have been widely studied in previous studies.There are 7 physical environment factors that will be measured and analysed in this research are Occupancy Density, Ventilation, Lighting, Temperature, Humidity, Materials, and the Other Surrounding Distractions.

  • 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.

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

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

  • After electrophoresis, gels were stained with ethidium bromide (1µl/ml) and viewed under UV Tran illumination.

  • 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.

  • Harris et al; Office Occupancy: Density & Utilisation, British Council for Offices, 2018[10] C L Duval, K E Charles, J A Veitch.

  • This value was derived from data in the ASHRAE Handbook: Fundamentals (ASHRAE 2005) and did not vary with climateTable 4.3. Peak Occupancy Density by Space Type‌ Space TypeOccupancy Peak Density (persons/space)Guest room1.5Corridor/Stairs/ Restroom/Mechanical room/Storage/Elevator0Lobby53Storage0Office10Laundry11Meeting room43Exercise room11Employee lounge11 4.5.2 Plug Loads Commercial buildings generally have substantial plug loads, which increase the electrical energy use of the building.

  • Tenant acknowledges that increased numbers of employees and/or persons working at the Premises on a daily basis above the Occupancy Density will cause additional wear and tear on the Premises and the Common Areas, additional use of HVAC, electricity, water and other utilities, and additional demand for other Building services.

  • Table 13-1, Occupancy Density, establishes the density presented as ft2/person of conditioned floor area that will be used by each building type.


More Definitions of Occupancy Density

Occupancy Density for the Premises, Suite 500, -------------------------------------------- shall be reduced to Sixty-four (64) individuals.
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. 10. Provided Tenant is not, and has not been, in default of any terms and conditions of this Lease, during the initial Term of the Lease only, Tenant shall have a one-time right of first offer to lease space in the Phase II Temporary Premises Building at such time as such additional space is vacated by the prior tenant. Upon notification by Landlord in writing of the availability of space and the terms and conditions on which Landlord is willing to lease such additional space to Tenant, Tenant shall have five (5) days to notify Landlord in writing of Tenant's desire to exercise Tenant's right of first offer on the terms and conditions. In the event Tenant fails to give Landlord notice of Tenant's election to lease such additional space within such time period, or if Tenant elects not to lease such space, Tenant shall have no further right, title or interest in such additional space (except as expressly provided in this Lease) and this right of first offer shall terminate with respect to the portion of the available space so offered to Tenant. If, on the other hand, Tenant exercises its right of first offer in the manner prescribed, Tenant shall immediately deliver to Landlord payment for the first month's rent for such additional space (in the same manner as provided for in this Lease), and the lease for such additional space shall be consummated without delay in accordance with the terms and conditions set forth in Landlord's notice Such additional space shall be leased to Tenant on an "as is" basis and Landlord shall have no obligation to improve such additional space or grant Tenant any improvement allowance thereon. Notwithstanding anything to the contrary herein contained, Tenant's right to the expansion premises shall be conditioned upon the following: (i) at the time Tenant agrees to accept the expansion premises and at the time of the commencement of the term for the expansion premises, Tenant shall be in possession of and occupying the primary premises for the conduct of its business therein and the same shall not be occupied by any assignee, subtenant or licensee and, provided further, that the option for additional space shall be applicable hereunder only if the expansion premises will actually be occupied by Tenant and (ii) the agreement of acceptance shall constitute a representation by Tenant to Landlor...
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.
Occupancy Density. One person per 250 rentable square feet.
Occupancy Density. Suite 104: A total of four (4) persons. Suite 300: A total of six (6) persons.

Related to Occupancy Density

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

  • 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, locker or bicycle stacker for the purpose of parking and securing bicycles, and:

  • Occupancy Rate means, with respect to a Property at any time, the ratio, expressed as a percentage, of (a) the number of units in the case of an multifamily Property or square feet in the case of any other Property leased to tenants that are not affiliated with the Borrower pursuant to binding leases to (b) the aggregate number of units or square feet, as applicable, of such Property.

  • 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;

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • 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 to the depth of one foot, or 325,851 U.S. gallons of water.

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

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

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • 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.