Sales PSF definition
Sales PSF means, for tenants who are comprised of less than 10,000 square feet of leased premises at any Project, the quotient obtained by dividing (a) the rolling twelve (12) month total sales for mall stores of less than 10,000 square feet of leased premises at such Project by (b) the total square footage of those tenants at such Project whose leases comprise 10,000 square feet or less.
Examples of Sales PSF in a sentence
To the extent not covered by the Operating Statements provided in connection with clause (t) hereinabove, sales information for the Real Estate to permit the calculation of Sales PSF for such Real Estate.