Premises Area means the Rentable Square Foot area of the Premises, consisting of a total of 50,028 Rentable Square Feet, as such Premises Area may be increased or decreased from time to time pursuant to this Lease.
Premises Area. The Rentable Square Foot area of the Premises described on the floor plan attached as Exhibit A hereto, as the Premises Area may be increased or decreased from time to time pursuant to this Lease. Landlord and Tenant agree that for purposes of this Lease, the Rentable Square Foot Area of the Premises is 23,847, which shall not be subject to remeasurement or adjustment.
Premises Area as set forth in Section 42A(a) of the Original Lease shall be deemed to mean 3,200 square feet' and (ii) "Tenant's Proportionate Share. as ret forth in Article 42A(b) of the Original Lease shall be deemed to be .2930%. We shall have no obligation to make any improvements to the Short Term Space to prepare the same for your occupancy or otherwise other than to construct a partition and two doors of Building-standard materials and design as indicated on the plan attached hereto as Exhibit B. You hereby represent that you dealt with no broker or brokers other than LaSalle Partners and Xxxxx Xxxx Xxxxxxx USA in the negotiation of this letter agreement and that no brokerage commission will be earned by Xxxxx Lang Wootton use in connection herewith. You hereby indemnify us and agree to hold us harmless from and against any loss, cost, damage, claim or liability arising out of any inaccuracy or alleged inaccuracy of the above representations, including without limitation reasonable attorneys' fees. The provisions of this paragraph shall survive the expiration or earlier termination of this letter agreement. If we are unable to give possession of the Short Term Space on the date set forth herein for any reason, we shell not be subject to any liability for failure to give possession on said date, and the validity of this agreement shall not be impaired under such circumstances, nor shall the same be construed in any way to extend the Short Term Space Term. If, for any reason, Section 223-a of the Real Property Law shall be deemed applicable hereto, the parties agree that this paragraph is intended to be tan express provision to the contrary for purposes of that statute. Except as herein modified. the Lease shall remain in full force and effect and, as herein modified, is hereby ratified and confirmed in all respects. This letter agreement may not be orally changed or terminated nor any of its provisions waived, unless by an agreement in writing signed by the party against whom enforcement of any change, termination or waiver is sought. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, their respective legal representatives, successors and assigns. Kindly acknowledge your agreement to the foregoing by signing this letter in the space below. Very truly yours, TWO TWENTY EAST LIMITED PARTNERSHIP By: LaSalle Partners, Agent By: LaSalle Partners Incorporated, General Partner By: /s/ Xxxxxxx Xxxxxx ----------------------------- Name: ...
Examples of Premises Area in a sentence
Tenant shall repair any damage, less ordinary wear and tear, to the New Premises Area caused by its removal activities.
Within one hundred twenty 120 days after termination of this Amendment, Tenant shall remove its equipment from the New Premises Area; provided that any portions of the equipment that Tenant fails to remove within such period and cessation of Tenant’s operations at the New Premises Area shall be deemed abandoned.
As used in this Lease, "Tenant's Share" shall mean the Premises Area, as defined in Section 1(e), divided by the Project Area, as defined in Section 1(f), and "Tenant's Share of Expenses" shall mean the total Expenses for the Project for the applicable calendar year multiplied by Xxxxxx's Share.
Tenant’s proportionate share of Operating Expenses for the Building shall be computed by dividing the Premises Area by the total rentable area of the Building.
Unless otherwise specified herein or unless the context requires otherwise, the terms in the Agreement shall apply to the New Premises Area.
More Definitions of Premises Area
Premises Area means the portion of the property that excludes buildings (i.e., the portion of the private property surrounding the building, including surface parking). A “property” may be a single titled lot or multiple adjoining titled lots that are owned by the same individual or entity.
Premises Area is agreed to mean and is deemed to be the rentable area of the Premises, consisting of a total of 24,904 rentable square feet, as follows: (i) 6,612 rentable square feet of space in Suite 1532, (ii) 9,055 rentable square feet of space in Suite 518, (iii) 1,792 rentable square feet of space in Suite 536 (for a total of 17,459 rentable square feet in the “Existing Premises”), (iv) 5,567 rentable square feet of space in Suite 519, (v) 1,124 rentable square feet of space in Suite 536A, and (vi) 754 rentable square feet of space in Suite 534A (for a total of 7,445 rentable square feet in the New Premises). The Premises Area has been computed on the basis of the current standard employed by Landlord with respect to the calculation of the deemed rentable square foot area of the Building; provided, however, that in no event shall such deemed rentable square footage constitute or imply any representation or warranty by Landlord as to the actual size of the Premises or any other portion of the Building.
Premises Area. The Rentable Square Foot area of the Premises, consisting of approximately 33,191 Rentable Square Feet, as the Premises Area may be increased or decreased from time to time pursuant to this Lease. Premises Equipment: Defined in Section 3.4. Real Property: The Building, together with the plot of land upon which it stands. Rent: Collectively, Fixed Rent and Additional Rent. Rent Commencement Date: The day following the date that is six (6) months after the Delivery Date for the Premises.
Premises Area the Rentable Square Foot area of the Premises or any portion thereof (as such Premises Area may be increased or decreased from time to time pursuant to this Lease), as set forth in Exhibit A-2 attached hereto. The Premises Area shall not be increased or decreased during the Term, other than to reflect the incorporation of additional space into the Premises Area, or the removal of any space from the Premises Area, whether pursuant to the rights of Landlord or Tenant hereunder. For all purposes hereunder, the Premises shall be deemed to have the Rentable Square Foot area set forth on said Exhibit A-2.
Premises Area as set forth in Section 1.1 of the Lease shall be increased by 11,751 Rentable Square Feet to 29,952 Rentable Square Feet.
Premises Area. The Rentable Square Foot area of the Premises, consisting of a total of 76,000 Rentable Square Feet, as the Premises Area may be increased or decreased from time to time pursuant to this Lease. Real Property: The Building, together with the plot of land upon which it stands. Rent: Collectively, Fixed Rent and Additional Rent. Rent