Tenant’s Pro Rata Share definition

Tenant’s Pro Rata Share means the percentage calculated by dividing the rentable area of the Premises (numerator) by the rentable area of the Building (denominator), and expressing the fraction as a percentage.

Tenant’s Pro Rata Share means Four and 03/100 percent (4.03%), representing the ratio that the rentable area of the Premises (6,901 square feet) bears to the total rentable area of the Building (152,501 square feet).

Tenant’s Pro Rata Share. The percentage equal to the Rentable Square Footage of the Premises divided by the Rentable Square Footage of the Building.

Examples of Tenant’s Pro Rata Share in a sentence

• If this Lease is not terminated, Base Rent and Tenant’s Pro Rata Share shall be appropriately adjusted to account for any reduction in the square footage of the Building or Premises.

• On or before the first day of each month, Tenant shall pay to Landlord a monthly installment equal to one-twelfth of Tenant’s Pro Rata Share of Landlord’s estimate of both the Expense Excess and Tax Excess.

• The President shall preside at all meetings of the Stockholders and at all meetings of the Board at which the Chairman (if there be one) is not present.

• From and after the date of the relocation, the Base Rent and Tenant’s Pro Rata Share shall be adjusted based on the rentable square footage of the Relocation Space.

• To the extent that Tenant uses more than Tenant’s Pro Rata Share of any utilities, then Tenant shall pay Landlord for Tenant’s Adjusted Share of such utilities to reflect such excess.

More Definitions of Tenant’s Pro Rata Share

Tenant’s Pro Rata Share are both subject to adjustment as provided in this Lease.

Tenant’s Pro Rata Share means the percentage specified on the Basic Lease Term Sheet. In the event Tenant, at any time during the Lease Term, leases additional space in the Building, Tenant's Pro Rata Share shall be recomputed by dividing the total rentable square footage of space then being leased by Tenant (including any additional space) by the Building Rentable Area, and the resulting percentage figure shall become Tenant's Pro Rata Share.

Tenant’s Pro Rata Share. 7.55%. Tenant’s Pro Rata Share shall be adjusted for changes in the Rentable Square Footage of the Premises and/or the Rentable Square Footage of the Building, including, without limitation, changes which may result from any condemnation or other taking of a portion of the Building.

Tenant’s Pro Rata Share means a fraction, expressed as a percentage, the numerator of which is the number of square feet of floor space contained in Tenant’s Premises and the denominator of which is the number of square feet of floor space contained in all of the Buildings located on the Parcel (i.e., 66.76% [36,900/55,271], subject to adjustment upon the completion of any measurement of the Premises described in Addendum One, Section 1).

Tenant’s Pro Rata Share are both subject to adjustment as provided in this Lease. Approximate Rentable Area of Premises 11,121 square feet Approximate Rentable Area of Project 67,998 square feet Tenant’s Pro Rata Share of Project 16.35%

Tenant’s Pro Rata Share. 47.5620%.

Tenant’s Pro Rata Share means seventeen point nine four (17.94%), which is the quotient (expressed as a percentage), derived by dividing the Approximate Rentable Area in the Premises by the Approximate Rentable Area in the Building.