Total Gross Building Area definition
Total Gross Building Area means the total amount of square footage of any building area on the Property, whether such building is newly constructed or present on the Property as of the Effective Date.
Examples of Total Gross Building Area in a sentence
Notwithstanding the foregoing, the entire remaining Community Sustainability Fund Contribution, plus CP Index increases, shall be due and payable to City in one lump sum payment no later than issuance of the building permit(s) which would cause the Total Gross Building Area to exceed 1.3 million square feet.
Except as otherwise provided in Section 1.3.2 above, Developer shall pay the Bus Shelter Contribution to City in one lump sum payment prior to issuance of any building permit that would result in the Total Gross Building Area exceeding 1 million square feet.