Remainder Premises definition

Remainder Premises means the First Remainder Premises, the Second Remainder Premises and the Third Remainder Premises (but does not include any space leased pursuant to the Right of First Offer in Section 16.1);
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Remainder Premises means the 5th and 6th floor portions of the Existing Premises stipulated to contain an overall area equal to 56,520 square feet of Rentable Area. All other capitalized terms used but not otherwise defined herein shall have the same meanings as set forth in the Lease. For purposes of the Lease, the term “Rent” shall specifically include the rental payments due with respect to the Excluded Premises (as defined above) and the Remainder Premises (as defined above), as described in Sections 7, 8 and 9 hereinbelow.
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Remainder Premises. The Existing Premises, less the Deleted Premises, containing 22,815 square feet of Total Rentable Area, substantially as shown on Lease Plan, Exhibit 2, Fourth Amendment dated as of October 1, 1995.
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Examples of Remainder Premises in a sentence

  • During the term of this Sublease, Sublandlord shall fully comply with all the insurance obligations as provided for in the Master Lease with respect to the Remainder Premises.

  • Subtenant’s liability for a holdover event for which Sublandlord holds over on the Remainder Premises and Subtenant also holds over on the Premises shall be calculated as a prorata percentage interest based upon a formula that is equal to the square footage of the Premises leased by Subtenant under this Sublease divided by the square footage of the total premises that are leased by Sublandlord under its Master Lease with Landlord as of the time of such indemnification.

  • Subtenant’s liability for a holdover event for which Sublandlord does not hold over on the Remainder Premises but Subtenant does hold over on the Premises as described in the immediately preceding sentence, shall be equal to all damages owed to Master Landlord by Sublandlord as Tenant, under Section 22 of the Master Lease, which includes 100% of the holdover rent then due under the Master Lease.

  • Landlord shall, in the manner hereinafter set forth, contribute up to Six Hundred Twenty-Three Thousand Seven Hundred Ninety and 00/100 ($623,790.00) Dollars (i.e., $5.00 per rentable square foot of floor area in the Remainder Premises) ("Landlord's Contribution") towards the cost of leasehold improvements to be installed by Tenant in the Remainder Premises ("Tenant's Work").

  • Lessor's Repair/Work for the Remainder Premises.................................

  • Further, the Option shall not be deemed to be properly exercised if, as of the date of the Option Notice, Tenant (i) is in uncured default under the Lease continuing beyond the expiration of any applicable notice, grace and/or cure period, (ii) has assigned the Lease or its interest therein, or (iii) has sublet more than fifty percent (50%) of the Remainder Premises.

  • Notwithstanding the foregoing, if Sublandlord subleases any portion of the Remainder Premises to a third party, Sublandlord, not Subtenant, shall be responsible for any and all Increased Expenses attributable to such third party's occupancy, based upon such party(ies) pro rata square footage of the Building; provided, however, that Subtenant shall not be responsible for payment of any expenses entirely or disproportionately attributable to such other party(ies).

  • If the Lessor is unable to substantially complete demolition of a part or parts of the Remainder Premises (excepting any areas left undemolished to maintain the Lessee's exit corridors to exit stairwells) by a date which is at least four (4) months prior to an applicable Commencement Date, then the applicable Commencement Date will be extended by a period equivalent to the period of delay.

  • The Term of the Lease for the Remainder Premises shall be extended for an additional sixty (60) consecutive months commencing August 1, 2016 and will expire on July 31, 2021 (the “Extension Term”).

  • If Subtenant elects to exercise its Sublease Right or Right of First Offer to sublease the Remainder Premises from Sublandlord, Subtenant may also, at such time, elect to sublease the Greenhouse from Sublandlord in exchange for additional consideration to be mutually determined by Sublandlord and Subtenant.


More Definitions of Remainder Premises

Remainder Premises as used herein means all of the Premises under the Lease except the Storage Premises.
Sample 1
Remainder Premises. The Existing Premises, less the Deleted Premises, containing 124,758 rentable square feet, as shown on Lease Plan, Exhibit 2, Sheets 1 through 6, attached to the Lease; and the Storage Premises
Sample 1
Remainder Premises means floors 14 through 16, inclusive, the Elevator Premises, the Duct Premises, the Lobby Premises (other than the Original Lobby Premises) and approximately 250 square feet of rentable area on the service level of the Building.
Sample 1
Remainder Premises is revised to mean those portions of the Existing Premises described on Exhibit B attached to this Fifth Amendment, which Exhibit B replaces and supersedes Exhibit B attached to the Fourth Amendment;
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Remainder Premises means those portions of the Existing Premises described in Exhibit B. Notwithstanding anything to the contrary contained in this Fourth Amendment or the Existing Lease, Landlord grants Tenant one option (the “RP Extension Option”) to extend the Lease Term through the Extended Term Expiration Date with respect to (i) the entire Remainder Premises, or (ii) any RP Identified Portion. Unless otherwise agreed to in writing by Landlord and Tenant, an “RP Identified Portion” is defined as the Remainder Premises, less any or all of the following space: (a) Suite 1014; (b) Suite 1717; and/or (c) all portions of the Remainder Premises leased by Tenant on a particular floor of the Building.
Sample 1

Related to Remainder Premises

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

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

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

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

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

  • Customer Premises means premises owned, controlled or occupied by the Customer which are made available for use by the Supplier or its Sub-Contractors for provision of the Services (or any of them);

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

  • Net Rentable Area means with respect to any Project, the floor area of any buildings, structures or improvements available for leasing to tenants (excluding storage lockers and parking spaces), as reasonably determined by the Administrative Agent, the manner of such determination to be consistent for all Projects unless otherwise approved by the Administrative Agent.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • 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.

  • 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;

  • Collocation Space means an area of space located in a building to be used by CLEC to house telecommunications equipment that is necessary for interconnection or access to UNEs. Additionally, roof or wall space used for wireless interconnection shall be included in the definition where applicable.

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • 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.