Rentable Square Foot definition

Rentable Square Foot means rentable square footage of the Improvements, as determined in accordance with the Standard Method for Measuring Floor Area in Office Buildings ANSI Z65.1-1996), as promulgated by the Building Owners and Managers Association (BOMA) International or any successor entity.

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Rentable Square Foot. Rentable Square Feet" and "Rentable Square Footage" shall refer to the rentable square footage of any space leased by Tenant hereunder, as calculated by Landlord.

Rentable Square Foot or “Rentable Square Feet” or “Rentable Square Footage” or “Rentable Area” means, as to both the Premises and the other Project space, the respective measurements of floor area as may from time to time be subject to lease by Tenant and all other tenants of the Project, respectively, together with an equitable portion of the Common Area serving the Premises and other Project premises, respectively, as determined by Landlord from time to time in accordance with the Architect’s statement of measurement in accordance with the Measurement Methodology. Any adjustments to the Rentable Square Footage of the Premises or the other Project premises will be made by Landlord following the Architect’s statement of measurement of the actual Rentable Square Footage. The Rentable Square Footage of the Restaurant Space will include measured space from the outside of each exterior wall which is also a wall of such premises to the drip line of the building in which such premises are located and an equitable portion of the Common Area serving such spaces, as determined by Landlord from time to time in accordance with the Measurement Methodology.

Examples of Rentable Square Foot in a sentence

The Basic Annual Rent abated during this period is referred to herein as the “Abated Rent.” Notwithstanding the provisions of this Section 3.2 or Article IV to the contrary, with respect to the first (1st), second (2nd), fourth (4th) and sixth (6th) floors of the Building, Tenant shall pay to Landlord during the Rent Abatement Period an amount equal to six and 75/100 dollars ($6.75) per Rentable Square Foot of the Leased Premises per annum as a reimbursement for Common Area Expenses.
Tenant shall pay Base Rent for the Premises with respect to the Second Extended Term, in the amounts set forth below: Period Annual Base Rent Monthly Base Rent Base Rent Per Rentable Square Foot 8/1/11 – 7/31/12 $ 516,936.00 $ 43,078.00 $ 24.00 8/1/12 – 7/31/13 $ 527,705.50 $ 43,975.46 $ 24.50 8/1/13 – 7/31/14 $ 538,475.00 $ 44,872.92 $ 25.00 B.
In no event shall the total amount of the architectural and engineering fees and costs charged against the Tenant Allowance exceed Two and No/100 ($2.00) Dollars per Rentable Square Foot, unless due to substantial revisions (either as to the number and/or the scope of such revisions) requested by Tenant.
On December 10, 2000, Base Rent for the Additional Premises shall increase to $2,964.50 per month ($1.75 per Rentable Square Foot).
Tenant shall pay Landlord, in addition to Basic Rent for the Initial Premises and commencing on the date on which Tenant accepts or is required to accept any applicable Expansion Space, the then current Per Rentable Square Foot Rent Rate set forth in Section 4.01 of the Lease Summary as increased from time to time, for each rentable square foot of Expansion Space leased by Tenant pursuant to this Paragraph 7.

More Definitions of Rentable Square Foot

Rentable Square Foot means a unit of one square foot of a Rentable Square Foot Area.

Rentable Square Foot refers to the Rentable Area of the Premises.

Rentable Square Foot refers to space in the entire Floor Area of the Building including all Usable Square Feet and the Core Areas; (24) "Core Areas" means the HVAC installations, elevators, stairs, restrooms, entries and lobbies which would be shared by tenants in a multi-user building; (25) "Amenities" means common walkways, driveways, sidewalks, landscaping, parking spaces and driveways which are part of the Bayview Business Park and which are defined as "Common Area" in the CC&Rs (but are, in this Lease, referred to as Amenities to avoid confusion; (26) "Park" means the Bayview Business Park located in San Rafael, California; (27) "Association" means the Bayview Business Park Owners Association established pursuant to the CC&Rs; (28) "Completion Date" means the date on which the Premises (inclusive of Tenant Improvements), Building Shell, Core Areas and Common Area are Substantially Complete; (29) "Substantially Complete" or "Substantial Completion" means completion of the construction in all material respects, but not including minor, cosmetic or "punch-list" items, which will be deemed achieved upon issuance of a temporary or permanent Certificate of Occupancy (or signed-off permit in the event that the municipality does not issue separate Certificates of Occupancy); (30) "Shell" or "Building Shell" refers to the basic structure, floor divisions and external finish of the building including, without limitation the exterior walls, roof, foundation and floors; (31) "Tenant Delays" shall mean any delay resulting directly and primarily from Tenant's failure to cooperate or to timely cooperate, timely provide

Rentable Square Foot or “Rentable Square Feet” is being defined and employed herein only for purposes of making certain Rent calculations in the express manner set forth herein. Landlord and Tenant agree that the Building is conclusively deemed to contain 1,704,961 rentable square feet for the purpose of calculating Tenant’s Operating Share (the “Operating Share Denominator”) and 1,802,160 rentable square feet for the purpose of calculating Tenant’s PILOT Share (the “PILOT Share Denominator”).

Rentable Square Foot the term "Rentable Square Feet" or the term "RSF" shall mean the area of any such space within the Premises as so computed):

Rentable Square Foot or “Rentable Square Feet” is being defined and employed herein only for purposes of making certain Rent calculations in the express manner set forth herein. Landlord and Tenant further agree that neither party shall have any right to dispute the Rentable Square Feet of the Premises, and the parties waive any claim in connection with the measurement of the Premises, regardless of whether the Premises is found to contain more or less Rentable Square Feet. Landlord and Tenant agree that as of the date of this Lease, the Building is conclusively deemed to contain 566,712 RSF for the purpose of calculating Tenant’s Proportionate Operating Share (the “Operating Share Denominator”) and 577,923 RSF for the purpose of calculating Tenant’s Proportionate Tax Share (the “Tax Share Denominator”). If, during the Term, Landlord shall construct an addition to the Building resulting in an increase in the rentable area thereof, then upon completion of such construction, Landlord shall notify Tenant of (i) the revised Operating Share Denominator and the adjusted Tenant’s Proportionate Operating Share and/or (ii) the revised Tax Share Denominator and the adjusted Tenant’s Proportionate Tax Share, as applicable (it being agreed that such adjustment(s), if any, shall take effect on the first day of the first month following the month in which such construction of additional rentable area is complete).

Rentable Square Foot and "Rentable Square Footage" of the Building shall be calculated as "Rentable Area" is calculated pursuant to the Standard Method For Measuring Floor Area in Office Buildings (ANSI/BOMA Z65.1-1996) ("BOMA Standard"); and (2) the terms "Usable Square Feet," "Usable Square Foot," and "Usable Square Footage" of the Building shall be calculated as "Usable Area" is calculated pursuant to the BOMA Standard.