The Percentage means the Percentage of Operating Expenses described in Paragraph 11 of the Summary. The Percentage has been computed on the basis of a fraction, the numerator of which is the approximate rentable square foot area of the premises and the denominator of which is the approximate total rentable square foot area of all space in the Building Project, both as described in Paragraph 5 of the Summary.
The Percentage means 2.38%.
The Percentage means eight and 33/100 (8.33%) percent.
Examples of The Percentage in a sentence
The Percentage Excess or less on ECV quoted are for works in situ and complete in every respect.
The Percentage of Occupancy is derived by dividing the total Government Space of XX RSF by the total Building space of XX RSF.
The Percentage / Item rates quoted by the tenderer shall be firm and fixed for the entire period of completion and till handing over of the work.
The Percentage rate tenders shall summarily have rejected, if any one of the above said require- ments has not been complied with.
The Percentage premium tendered by the contractor will be applied on the gross amount (Value of finished work including cost of material whether purchased from Government or directly).
More Definitions of The Percentage
The Percentage. 2.49%, being that percentage of the total leasable floor area of the Premises to the total leasable floor area within the Building; provided, that in the event that the amount of space Leased by Tenant shall increase or decrease subsequent to the beginning date of the Lease Term, the Percentage shall be appropriately adjusted by Landlord.
The Percentage for purposes of computing tax escalation, shall mean 1.10%.
The Percentage for purposes of computing expense escalations shall mean five and forty-two one-hundredths of one percent (5.42%). The parties hereby stipulate for purposes of this Lease that the number of rentable square feet within the demised premises as constituted as of the date of this Lease shall be deemed to be 62,224, based on Landlord’s current measurement methodology used in the Building.
The Percentage means .88%.
The Percentage means 1.17%.
The Percentage means 3.15 percent (3.15%). D. Tenant shall pay Landlord real estate tax escalation additional rent for the Existing Demised Premises during the EDP Extension Period, except that the term “base year taxes” shall mean the average of the real estate taxes payable with respect to the Building Project for the tax year commencing July 1, 2023 and ending June 30, 2024 and the tax year commencing July 1, 2024 and ending June 30, 2025, determined by applying the applicable tax rate to each of the two (2) tax years included in the base tax year assessment and taking the average of such two (2) numbers; the term “base tax year” shall mean the calendar year 2024; the term “base tax year assessment” shall mean the taxable assessed value (without regard or giving effect to any abatement, exemption or credit) of the Building, other improvements related thereto and the land on which the Building Project is located, for each of the tax year commencing July 1, 2023 and ending June 30, 2024 and the tax year commencing July 1, 2024 and ending June 30, 2025; the first “comparative year” shall mean each tax year commencing on or after July 1, 2024 (or such other 12-month period commencing on or after July 1, 2024 adopted by the City of New York as its fiscal tax year); and the term “The Percentage” shall mean 2.99 percent (2.99%). E.
The Percentage means 2.99 percent (2.99%). E.