Rentable Floor Area means the area within the Buildings pursuant to which rental calculations are made. "Rules and Regulations" - See Section 6.3. -----------
Rentable Floor Area means the area within the Buildings pursuant to which rental calculations are made.
Rentable Floor Area means the size of a space in the Building as measured from the inner surface of the outer glass enclosing the space in question if the exterior wall consists of 50% or more glass or from the midpoint of tile exterior wall if such wall consists of less than 50% glass, to the midpoint of walls separating that space from other tenant areas or the common facilities of the Building. The term "Rentable Floor Area of Premises" shall mean the square footage amount measured as set forth in the immediately preceding sentence plus a pro rata allocation of the common facilities on the floor on which the Premises are located (based on the ratio of the Rentable Floor Area of the Premises, excluding common facilities, to the total Rentable Floor Area, excluding common facilities of the floor on which the Premises are located) and plus a pro rata allocation of the common facilities of the Building (based on the ratio of the Rentable Floor Area of the Premises, excluding common facilities, to the Rentable Floor Area, excluding common facilities, of the Building). Landlord and Tenant conclusively agree that the Rentable Floor Area of the Premises, as set forth in Section 1.1 of this Lease, is final and correct and is not subject to remeasurement or adjustment by either party. Tenant shall have, as appurtenant to the Premises, the right to use in common with others entitled thereto: (a) the common facilities included in the Building or on the Land, (b) the Building service fixtures and equipment serving the Premises, and (c) the parking facility, if any, designated by Landlord to be used by tenants of the Building, but not in excess of four (4) parking spaces per one thousand (1,000) square feet of Rentable Floor Area of tile Premises. Landlord reserves the right from time to time, without unreasonable interference with Tenants use, (a) to install, repair, replace, use, maintain and relocate for service to the Premises and to other parts of the Building or either, Building service fixtures and equipment wherever located in the Building and (b)to alter or relocate any other common facilities, it being understood that if any parking facilities are provided, the same may be relocated on or off the Land from time to time by Landlord, provided that in all events substitutions are substantially equivalent.
Examples of Rentable Floor Area in a sentence
In the event that the Rentable Floor Area of the Premises decreases at any time during the Lease Term, the Number of Parking Spaces provided to Tenant hereunder shall be reduced proportionately.
References in this Lease to floor area measurements and square footage shall mean Rentable Floor Area unless the reference explicitly provides otherwise.
Any other change in the Rentable Floor Area of the Premises on account of casualty, condemnation, or the like shall be determined in accordance with the measurement standard that was originally used to determine the stipulated Rentable Floor Area for the space in question.
Any change in the Rentable Floor Area of the Premises on account of expansion shall be conclusively deemed to be as specified in any applicable expansion provisions under Exhibit F (if any) or in any amendment hereafter executed by Landlord and Tenant in connection with such expansion (if any).
If Landlord exercises such option, then the substituted space shall for all purposes hereof be deemed to be and to constitute the Demised Premises under this Lease and all terms, conditions, covenants, warranties, agreements and provisions of this Lease including but not limited to the same Base Rental Rate per square foot of Rentable Floor Area shall continue in full force and effect and shall apply to the substituted space.
More Definitions of Rentable Floor Area
Rentable Floor Area shall be the gross floor area of the building, or of the leased Premises, as the case may be, excluding all areas designated by Landlord on the standard building floor plan for public access of the building operations, such as:
Rentable Floor Area shall be deemed to include all space within the Building designed for Tenant occupancy and (y) "Real Estate Taxes" shall include all taxes and extraordinary and/or special assessments (and all costs and reasonable fees incurred by Landlord in contesting the same and/or negotiating with the public authorities as to the same) which may be levied or assessed by the lawful taxing authorities against the Land, Building and all other improvements forming a part of the project of which the Premises are a part. TENANT stall pay in advance of the first day of each month an estimate of one twelfth ( 1/12) of Tenant's annual obligation on account of Real Estate Taxes, which shall be an amount estimated and billed by LANDLORD prior to the beginning of each "Tax Year" (which shall mean the twelve (12) month period established as the real estate tax year by the taxing authorities as having lawful jurisdiction over the Premises). Such estimate and billing may be revised by LANDLORD at LANDLORD'S sole option, during the Tax Year based on tax bills or assessments actually received by LANDLORD relating to the current Tax Year. Within ninety (90) days of the end of each Tax Year, LANDLORD shall furnish to TENANT, in reasonable detail, the final computation and allocation of Real Estate Taxes for the preceding Tax Year. If the amount allocated to TENANT exceeds the sum of the estimated Real Estate Taxes already paid by TENANT, TENANT shall pay such excess to Landlord within thirty (30) days of demand therefor. If the amount allocated to TENANT is less than that already paid by TENANT, LANDLORD shall credit the difference to future payments of Real Estate Taxes hereunder or, if at the end of the Term, refund such amount to Tenant. For the Tax Year in which the Lease commences or terminates, the provisions of this Section shall apply, but TENANT'S liability for its proportionate share of any taxes for such year shall be subject to a pro rata adjustment, based upon the amount of time within said Tax Year during which TENANT is obligated under the Lease to occupy the Premises and pay Base Rent. In the event LANDLORD shall contest the amount of real estate taxes due and payable under this provision and shall be successful and receive a refund, TENANT shall receive credit for its pro rata share of such refund less the reasonable cost of obtaining such refund.
Rentable Floor Area means 5,830 rentable square feet of floor area which includes the interior useable area of the Premises, as herein defined, and a prorata portion of the Common Areas. The ratio of the total Common Areas relative to the Rentable Floor Area shall not vary after the effective date if Landlord changes the size of the Common Areas.
Rentable Floor Area means the rentable area(s) determined by the BOMA Standard. The Rentable Floor Area of the Building shall be certified in a written notice by Xxxxxxxx Xxxxxxxx (“Landlord’s Architect”) to Landlord and Tenant as set forth in Section 3(b), but is hereby estimated to be 164,818 rentable square feet. The current load factors are: 1.0470 for the 1st floor, 1.0439 for the 2nd floor, 1.0429 for the 3rd floor, and 1.0430 for the 4th floor; all load factors are subject to change pursuant to the BOMA Standard.
Rentable Floor Area. One Thousand Nine Hundred Four (1,904) square feet, which square footage the parties acknowledge has been agreed upon for all purposes herein.
Rentable Floor Area of the Premises” shall be deemed to be the Rentable Floor Area of the Vacant Sixth Amendment Premises (being 15,229 square feet).