Rentable Area of the Leased Premises definition

Rentable Area of the Leased Premises means the area expressed in square feet of all floors of the Leased Premises measured from: i. the exterior face of all exterior walls, doors and windows; ii. the exterior face of all interior walls, doors and windows separating the Leased Premises from Common Areas; if any; and iii. the centre line of all interior walls separating the Leased Premises from adjoining leasable premises. The Rentable Area of the Leased Premises includes all interior space whether or not occupied by projections, structures or columns, structural or non-structural, and if the store front is recessed from the lease line, the area of such recess for all purposes lies within the Rentable Area of the Leased Premises.
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Rentable Area of the Leased Premises means the area expressed in square feet of all floors of the Leased Premises measured from:
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Rentable Area of the Leased Premises means the aggregate Rentable Area of the 4th Floor Premises and the 10th Floor Premises (the latter being approximately 3,000 square feet of area), all as determined in accordance with Schedule “D” hereof, and subject to adjustment in accordance with Section 2.04 hereof.
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Examples of Rentable Area of the Leased Premises in a sentence

  • Thereafter, the Annual Basic Rent, and Tenant’s Operating Expense Share and Tenant’s Tax Share shall be calculated based on the Net Rentable Area of the Leased Premises not so taken or condemned.

  • The “as built” Rentable Area of the Leased Premises shall be the true Rentable Area of the Leased Premises at the time Landlord tenders possession of the Leased Premises to Tenant.

  • From the date Tenant is required to vacate that portion of the Leased Premises so taken, the Rent and Additional Rent payable hereunder shall be reduced in the same proportion that the area taken bears to the Rentable Area of the Leased Premises prior to the taking.

  • If more than fifteen percent (15%) of the Rentable Area of the Leased Premises is taken or appropriated by the power of eminent domain, this Lease, at the option of either party, may be terminated by written notice given to the other party not more than thirty (30) days after Landlord and Tenant receive written notice of the taking or appropriation, and such termination shall be effective as of the date Tenant is required to vacate the portion of the Leased Premises so taken.

  • The use of prescribed approaches can foster reliability and validity in a research.


More Definitions of Rentable Area of the Leased Premises

Rentable Area of the Leased Premises means the area determined by the Landlord's architect or land surveyor according to the method specified for calculation of "Useable Area" of office buildings by the Building Owners and Managers Association International, for single tenant buildings, in effect as at the date of execution of this Lease. For greater certainty this shall include without limitation all hallways, walkways, lobbies, elevators, service areas and stairways and has been determined as 17,519 square feet for the basement and 80,058 square feet for the main through fifth floors;
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Rentable Area of the Leased Premises means the rentable area of the Leased Premises determined in accordance with BOMA 1996 standards of measurement for office buildings.
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Rentable Area of the Leased Premises on a multiple tenancy floor shall equal the product of the Usable Area of such floor, as if it were leased as a single tenancy floor, multiplied by a fraction whose numerator is the Usable Area of the Leased Premises and whose denominator is the Usable Area of all premises intended for leasing on such floor (excluding any Storage Space).
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Rentable Area of the Leased Premises shall be determined in accordance with Schedule "3";
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Rentable Area of the Leased Premises. For the period from the Commencement Date to and including June 30, 2006, “Rentable Area of the Leased Premises” means the Rentable Area of the 4th Floor Premises (being approximately 5,931 square feet of area) and for the period from July 1, 2006 to and including April 30, 2012, “Rentable Area of the Leased Premises” means the aggregate Rentable Area of the 4th Floor Premises and the 10th Floor Premises (the latter being approximately 3,000 square feet of area), all as determined in accordance with Schedule “D” hereof, and subject to adjustment in accordance with Section 2.04 hereof.
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Rentable Area of the Leased Premises means the area expressed in square feet of all floors of the Leased Premises measured from: (i) the exterior face of all exterior walls, doors and windows; (ii) the exterior face of all interior walls, doors and windows separating the Leased Premises from Common Areas, if any; and (iii) the centre line of all interior walls separating the Leased Premises from adjoining leasable premises. The Rentable Area of the Leased Premises includes all interior space whether or not occupied by projections, structures or columns, structural or non-structural. For the purposes of this Lease, the Rentable Area of the Leased Premises is 24,000 square feet.
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Rentable Area of the Leased Premises shall have the meaning specified in this Lease.
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