Usable Square Footage of the Premises definition

Usable Square Footage of the Premises is deemed to be 2,913 square feet. If the Premises include, now or hereafter, one or more floors in their entirety, all corridors and restroom facilities located on such full floor(s) shall be considered part of the Premises. Landlord and Tenant stipulate and agree that the Rentable Square Footage of the Building, the Rentable Square Footage of the Premises, and the Usable Square Footage of the Premises are correct and shall not be remeasured.
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Usable Square Footage of the Premises means approximately 1,161 square feet.
Sample 1

Examples of Usable Square Footage of the Premises in a sentence

  • Said proportional abatement shall be based on the Usable Square Footage of the Premises that cannot and is not actually used by Tenant, divided by the total Usable square feet contained in the Premises.

  • Said proportional abatement shall be based on the Usable Square Footage of the Premises that cannot and is not actually used by Tenant, divided by the total Usable square feet contained in the Premises but shall be one hundred percent (100%) if the amount of the damage is partial and the remaining of the usable portion of the Premises would preclude Tenant's utilization of the Premises for the Specified Use and Tenant actually vacates the Premises.

  • In addition, Tenant shall be entitled to use any portion of the Construction Allowance which is not utilized for the cost of constructing the Landlord Work (up to a maximum of Two Dollars ($2.00) multiplied by the Usable Square Footage of the Premises) for the payment of Tenant’s costs of moving its personal property to the Premises.

  • Upon exercise of either option by Tenant, the Additional Space shall be added to the Usable Square Footage of the Premises effective on the third, fifth or seventh anniversary of the Commencement Date, as applicable.

  • Said proportional abatement shall be based on the Usable Square Footage of the Premises that cannot and is not actually used by Tenant, divided by the total Usable square feet contained in the Premises; provided, however, if the remaining portion of the Premises is not usable for Tenant’s business purposes, then Tenant shall be entitled to a full abatement of Fixed Monthly Rent and Additional Rent.

  • Landlord will provide a construction allowance not to exceed $30.00 multiplied by the Usable Square Footage of the Premises (the “Construction Allowance”), toward the cost of constructing the Landlord Work.

  • Provided Tenant is not then in default under this Lease, Tenant shall have the option to increase the Usable Square Footage of the Premises by 5,000 square feet on the three, five and seven year anniversaries of the Commencement Date.

  • If Tenant increases the Usable Square Footage of the Premises pursuant to Section 36 hereof, Tenant shall be entitled to utilize additional open-air parking spaces on a proportionate basis.

Related to Usable Square Footage of the Premises

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • business premises means premises on which a business is conducted, premises rented in whole or in part to others, or held for rental.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;