Rentable Space means any areas in the Terminal that are available for use by Airlines, other aeronautical users, concessionaires or Port or other governmental users on an exclusive, preferential or common use basis, as designated by the Managing Director, and shall include Security Checkpoint Areas, but shall not include Open Storage Space.
Rentable Space means the space in Terminal 1 available for lease to Airlines, concessionaires, and other rent-paying tenants and for public automobile parking. Rentable Space for Airline-use is separated into the following categories:
Rentable Space shall be calculated as follows: (i) in the case of a single tenancy floor, all floor area measured at the floor from the inside surface of the outer glass line of the Building to the inside surface of the opposite outer glass line excluding only the areas (the “Service Areas”) used for Building stairs, fire towers, elevator shafts, flues, vents, stacks, pipe shafts and vertical ducts (which Service Areas shall be measured from the mid-point of walls enclosing such Service Areas), but including any such Service Areas which are for the specific use of the particular tenant such as special stairs or elevators, plus an allocation of the square footage of the Building’s elevator machine rooms, mechanical and electrical rooms, and public lobbies, and (ii) in the case of a floor to be occupied by more than one tenant, all floor areas within the inside surface of the outer glass walls enclosing the Premises and measured to either (A) the mid-point of the walls separating areas leased by or held for lease to other tenants and/or (B) to the tenant’s side of walls adjacent to corridors, elevator foyers, restrooms, mechanical rooms, janitor closets, vending areas and other similar facilities for the use of all tenants on the particular floor (hereinafter sometimes called the “Common Areas”), but including a proportionate part of the Common Areas located on such floor based upon the ratio which the tenant’s rentable space (excluding Common Areas) on such floor bears to the aggregate rentable space (excluding Common Areas) on such floor, or other reasonable basis determined by Landlord, plus an allocation of the square footage of the Building’s elevator machine rooms, mechanical and electrical rooms, and public lobbies. No deductions from Rentable Space shall be made for columns or projections necessary to the Building. The Rentable Space in the Premises has been calculated on the basis of the foregoing definition and is hereby stipulated for all purposes hereof to be as stated in the Basic Lease Information, whether the same should be more or less as a result of minor variations resulting from actual construction and completion of the Premises for occupancy so long as such work is done in substantial accordance with the terms and provisions hereof. [****] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, ...
Examples of Rentable Space in a sentence
The Rentable Space may include a share of Building support/common areas such as elevator lobbies, Building corridors, and floor service areas.
The Rentable Space does not include vertical building penetrations and their enclosing walls, such as stairs, elevator shafts, and vertical ducts.
Rentable Space is determined by the building owner and may vary by city or by building within the same city.
The Rentable Space does not include vertical Building penetrations and their enclosing walls, such as stairs, elevator shafts, and vertical ducts.
Tenant’s Base Rental is based, in part, upon the assumption that Tenant is contributing as its share of the annual Electrical Expenses (as defined in paragraph 5(a) hereof) of the Building an amount equal to (i) the Electrical/Utility Base Expense Amount multiplied by (ii) the Rentable Space in the Premises.
More Definitions of Rentable Space
Rentable Space. The total area attributable to a leased premises within the Building, i.e., being deemed by the parties to be appropriate for purposes of determining the Base Rental, the Allowance, rental adjustments, etc. under this Lease, with such total attributed area being determined by (a) using the American National Standard method for measuring Rentable Area in office buildings, as described in the pamphlet entitled “Standard Method for Measuring Floor Area in Office Buildings”, published by the Building Owners and Managers Association International (ANSI/BOMA Z65.1-1996), and then (b) adjusting the floor-by-floor results thus achieved by the factor being used by Landlord to more uniformly allocate to the tenants in the Building the first floor lobby, the elevator lobbies and the other common areas of the Building.
Rentable Space means all space in the Improvements intended to be leased to Subtenants or End Users.
Rentable Space. Defined. “Rentable Space” means the area of the Premises measured from the inside face of the glass in the exterior walls of the Building, the inside face of the surface of walls facing the Building core or a public corridor or common area and the center line of any partition that separates the Premises from adjoining tenant spaces together with (i) a portion of the Building outside of the Premises including the common or public areas and (ii) spaces occupied by structural or functional columns and projections.
Rentable Space means the area of a dwelling unit measured within the walls enclosing the said dwelling unit but shall not include any common space such as halls, corridors, stairs or entries, which is shared by all occupying tenants;
Rentable Space. The total are attributable to a leased premises within the Building, i.e., being deemed by the parties to be appropriate for purposes of determining the Base Rental, the Allowance, rental adjustments, etc. under this Lease, with such total attributed area being determined by (a) using the American National Standard method for measuring Rentable Area in office buildings, as published by the Building Owners and Managers Association International, ANSI Z65.1-1980, reaffirmed June 21, 1989 (including the question-and-answer section of that publication), and then
Rentable Space means 110% of Occupiable Space. Rentable Space may be adjusted from time to time to reflect any expansion, reduction or rearrangement. The Architect's Certificate as to Rentable Spare shall be final and binding upon the parties hereto.
Rentable Space means the area contained within the demising walls of the Premises (measured from the outside of walls comprising the exterior of the Building and common area spaces and measured to the center of walls between the Premises and other tenant spaces contiguous to the Premises) and any other area designated for the exclusive use of the Tenant, without deduction for any columns or projections necessary to the Building. It is understood and acknowledged that ADT security services or a related entity currently leases approximately 4,760 square feet of space on the second floor of the Building wherein the Premises are located (“ADT Lease”). The ADT Lease provides for two one (1) year renewal options. Tenant agrees that the occupants of the ADT space shall have access and use of the corridors, restroom facilities, card access security system to the main entrance to the Building and to the door to the ADT space only, elevators, accessways and parking lot which said access and uses shall be non-exclusive and Landlord shall take reasonable measures to assure that ADT Security Services or any other occupant of the ADT space shall not unreasonably interfere with Tenant’s use and occupancy of the Premises. Upon expiration or termination of the ADT Lease, the Premises hereunder shall be expanded to include the premises subject to the ADT Lease and subsequent to that date, the Rentable Space hereunder shall be increased by the rentable space of the ADT Lease and, accordingly, the rental hereunder shall be increased and Tenant shall be responsible for 100% of the Operating Costs for the Building and the Property, as hereinafter provided.