Tenant’s Percentage Share definition

Tenant’s Percentage Share means the percentage specified in the Basic Lease Information.
Tenant’s Percentage Share means seven and five hundredth’s percent (7.05 %) with respect to increases in Property Taxes and Operating Expenses (as such terms are hereinafter defined). Landlord may reasonably re-determine Tenant’s Percentage Share from time to time to reflect reconfigurations, additions or modifications to the Building.
Tenant’s Percentage Share means a fraction, the numerator of which is the total number of square feet of Rentable Square Feet within the Leased Premises and the denominator of which is the greater of (i) ninety-five percent (95%) of the total square footage of all Rentable Square Feet in the Building (exclusive of any retail space) held for lease, or (ii) the total square footage of all Rentable Square Feet in the Building (exclusive of any retail space) actually leased to rent paying tenants.

Examples of Tenant’s Percentage Share in a sentence

  • For the purposes of determining Tenant’s Percentage Share of Escalation Rent, Tenant’s Percentage Share shall be determined on the basis of the number of days during such calendar year at each such Percentage Share.

  • The parties acknowledge that the Rentable Area of the Premises and the Building have been finally determined by the parties as part of this Lease for all purposes, including the calculation of Tenant’s Percentage Share and will not, except as otherwise provided in this Lease, be changed.

  • In the event Tenant’s Percentage Share is changed during a calendar year by reason of a change in the Rentable Area of the Premises or a change in the total Rentable Area of the Building, Tenant’s Percentage Share shall thereafter mean the result obtained by dividing the then Rentable Area of the Premises by the then total Rentable Area of the Building and multiplying such quotient by one hundred (100).

  • In addition to other rent payments specified in this Lease, Tenant shall pay as additional rent Tenant’s Percentage Share of the cost of maintenance, operation, and repair of the Common Areas for each calendar year of this Lease.

  • Tenant shall be entitled to a reasonable number of entries in the directory commensurate with Tenant’s Percentage Share.


More Definitions of Tenant’s Percentage Share

Tenant’s Percentage Share means the Rentable Area of the Premises divided by the total Rentable Area of the Building, which shall be deemed to be 97.54% as of December 1, 1993, subject to further adjustment under subparagraph 2.D. above.
Tenant’s Percentage Share means the percentage set forth in the BLI Rider. Landlord and Tenant acknowledge that Tenant's Percentage Share has been obtained by taking the net rentable area of the Premises, which Landlord and Tenant hereby stipulate for all purposes is the amount set forth in the BLI Rider, and dividing such number by the total net rentable area of the Building, which Landlord and Tenant hereby stipulate for all purposes is 30,872 net rentable square feet, and multiplying such quotient by 100. In the event Tenant's Percentage Share is changed during a calendar year by reason of a change in the net rentable area of the Premises, Tenant's Percentage Share shall thereafter mean the result obtained by dividing the new net rentable area of the Premises by 30,872 net rentable square feet and multiplying such quotient by 100 and for the purposes of Section 3.(b) Tenant's Percentage Share shall be determined on the basis of the number of days during such calendar year applicable to each such Tenant's Percentage Share.
Tenant’s Percentage Share means the percentage stated in the Basic Lease Information as Tenant’s Percentage Share, which may be adjusted pursuant to the terms of this Lease.
Tenant’s Percentage Share means the percentage set forth in Item 5 of the Basic Lease Provisions; provided, however, that Landlord reserves the right from time to time during the Term of this Lease to recalculate Tenant’s Percentage Share, in which case Tenant’s Percentage Share shall be calculated by dividing the number of square feet of Rentable Area in the Premises by the number of square feet of Rentable Area in the Building, and expressing such quotient in the form of a percentage.
Tenant’s Percentage Share means a percentage which is equal to the number of rentable square feet contained in the Premises divided by the total number of rentable square feet contained in the Building of the Premises are a part.
Tenant’s Percentage Share means the percentage computed by Landlord from time to time by dividing the gross rentable area of the Premises by the total gross rentable area of the Unit, as both are reasonably computed by Landlord, and in the event that either the gross rentable area of the Premises or the total gross rentable area of the Unit is changed, Tenant’s Percentage Share will be appropriately adjusted and, as to the Tax Year in which such change occurs, Tenant’s Percentage Share shall be determined on the basis of the number of days during such Tax Year at each such percentage. In the event Tenant leases all of the Unit the Tenant’s Percentage Share shall be one hundred percent (100%). The initial determination of Tenant’s Percentage Share is set forth in Article 1 hereof.
Tenant’s Percentage Share means either Tenant’s Percentage Share (Suite 600), Tenant’s percentage Share (Suite 700), Tenant’s Percentage Share (Suite 685) or Tenant’s Percentage Share (Suite 400) as determined during the applicable period set forth above.