Gross Building Area means the sum of all finished areas of all floors of a building included within the outside faces of its exterior walls.
Gross Building Area means the sum of all finished areas
Gross Building Area means the sum of the total floor areas of the dwelling unit including basement, main and upper floors, but excluding garage floor areas, swimming pool areas and greenhouse areas;
Examples of Gross Building Area in a sentence
Gross Building Area means the total area of all floors, measured in square feet, of a building enclosed by the outside surface of exterior walls thereof.
The square footage of the floor area of mezzanines shall be included in Gross Building Area.
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.
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.
Prior to completion of the separation of the Utilities, the Parties shall allocate the cost of any such Utilities which are not separately metered for each Lot (or a building within a Lot) between themselves based upon each Party’s Proportionate Share of the Gross Building Area of the Penang Site.
More Definitions of Gross Building Area
Gross Building Area means the total area of all floors, measured in square feet, of a building enclosed by the outside surface of exterior walls thereof. The square footage of the floor area of mezzanines shall be included in Gross Building Area.
Gross Building Area means the total building area of the Building (expressed in square feet and rounded to the nearest foot), as constructed, determined in accordance with the BOMA International and the Society of Industrial and Office Realtors Standard Method for Measuring Floor Area in Industrial Buildings, ANSI/BOMA Z65.2 – 2012.
Gross Building Area. , as defined in this By-law, means the total area of all floors above or below grade measured between the outside surfaces of exterior walls or between the outside surfaces of exterior walls and the centre line of firewalls. Except that, in any other occupancy than a residential occupancy, where an access or a building service penetrates a firewall, measurements shall not be taken to the centre line of such firewall. Where the building contains no walls (i.e. deck), the Gross building area will be calculated based on the total area of a floor within the outer perimeter of the floor. For a change of use permit, the fees shall be based on the floor area of all storeys or floor spaces which are subject to the change of use. For the purposes of this by-law, this definition does not include Class 1 permits as defined in Schedule “A” of this By-law. Gross building area for Class 1 permits as defined in Schedule “A” of this by-law will mean the total area of all floors above grade measured between the outside surfaces of exterior walls or between the outside surfaces of exterior walls and the centre line of firewalls.
Gross Building Area. 254,836 SF+/- Site Improvements Asphalt Paving - Drives & parking areas Pool, deck, fencing and equipment building Tennis courts Concrete - Walks and patio Landscaping - (Grass, Shrubs & Flowers) Project Identification Signs Cost Analysis The Meadows II (Phases II,IXX & XX) 201-401 N. Thompson Xxxxx Madison, WITMW 96:47 Subject Building Total Replacement Cost New Basement 102,456 $ 1,485,612 First & Second Floors 254,836 SF @ $42.10 /SF+/- = $10,728,596 Depreciation Estimate $12,214,208 Actual Age 1977-78,79 & 80+/- 16 -19 Years Effective Age 11 Years Remaining Economic Life 45 Years Depreciation Base 100% Physical Deterioration 20% Functional Obsolescence 0% Economic Obsolescence 0% Total Observed Depreciation 20% (2,442,842) Total Net Improvement Value $9,771,366 Site Improvements Depreciated Values Asphalt Paving - Drives & parking areas $95,000 Pool, deck, fencing and equipment building 17,500 Tennis courts 8,500 Concrete - Walks and patio. 25,000 Landscaping - {Grass, Shrubs & Flowers} 50,000 Project Identification Signs 2,000 $198,000 Land Value Improved Site 316 units @ 4,500 per unit Rounded to $1,422,000 $11,391,366 Estimated Value (Value in Use) - Cost Approach Rounded to $11,400,000 Direct Sales Comparison Approach This approach to value is defined as: That approach in appraisal analysis which is based on the proposition that an informed purchaser would pay no more for a property than the cost of acquiring an existing property with the same utility. This approach is applicable when an active market provides sufficient quantities of reliable data which can be verified from authoritative sources. The Direct Sales Comparison Approach is relatively unreliable in an inactive market or in estimating the value of properties for which no real comparable sales data are available. It is also questionable when sales data cannot be verified with principals to the transaction. Also referred to as the Market Comparison or Market Data Approach. The market was studied for similar improved sales and five apartment buildings sales were selected as the most comparable to the subject. A detailed analysis of each sale is given on the following pages. Listing (Sale No. 1) Country Meadows
Gross Building Area means the aggregate area of all floors of all buildings in the Complex (excluding for this purpose the building on the Phase V Lands until the Rent Commencement Date as such term is defined in the lease of even date between the Landlord and the Tenant for the building to be constructed on the Phase V Lands) as measured by the Landlord using its standard measurement methodology, which area is as at the Commencement Date, comprised of approximately 624,035 square feet, subject to adjustment based on increases or decreases in the areas of the buildings comprising the Complex.
Gross Building Area or “GBA” shall refer to the total square footage of all floor area (including floor area which is below grade) measured to the predominant outside surface of the Building exterior walls (or in the case of floor area below grade, the inside face of the foundation walls).
Gross Building Area. Refers to the gross area between the exterior walls as to all floors of the Building in which the Premises are located (the “Building”), including common corridors and rest rooms, air conditioning rooms, fan rooms, janitorial closets, electrical and telephone closets, fire escapes, stairwells, electrical and mechanical rooms, janitorial rooms, exercise and recreation areas, elevator lobbies, or public corridors, elevator shafts and any other areas serving the Building tenants (Multi-Use Areas), all of which shall be considered common areas which shall be allocated pro rata to the Net Rentable Areas, pursuant to the “Load Factor”. 1.5 Load Factor: The term “Load Factor” refers to the formula whereby the Gross Building Area is divided by the total Net Rentable Areas less the common areas. The product of that division, the “Load Factor” shall be the multiplied by the Net Rentable Premises, to determine the Load Adjusted Premises for purposes of this Lease. The Load Adjusted Premises as determined by the Load Factor includes Tenant’s share of the Multi-Use Areas. Tenant acknowledges that Tenant has measured or has waived measurement of the Load Adjusted Premises, the Net Rentable Areas, the Net Rentable Premises and the Gross Building Area, and Tenant agrees that the square footage stated in Paragraph D of the Summary of Lease Terms is the Load Adjusted Premises calculated on the basis of the foregoing definitions, and Tenant further agrees to waive any right to contest the amount of such square footage. 2.