Partial Floor definition

Partial Floor as defined in Section 10.2(g).
Sample 1
Partial Floor means any floor of the Building above the ground floor level with respect to which (a) two (2) or more different tenants or occupants (including Tenant) shall have each separately leased or subleased a portion of the space thereon, or (b) one (1) tenant or occupant (including Tenant) shall have leased or subleased a portion of the space thereon and the balance thereof shall be vacant or otherwise available for leasing to a tenant or other occupant, which floor may also consist of space containing Building systems;
Sample 1
Partial Floor means the entire portion of the Premises located on a floor of the Building which portion does not comprise the entire rentable area of such floor of the Building (e.g., if Premises shall then include only a portion of the rentable area of the 14th floor of the Building, then such entire portion of the Premises located on the 14th floor of the Building shall be deemed a “Partial Floor” for purposes hereof).
Sample 1

Examples of Partial Floor in a sentence

  • Landlord and Tenant agree to coordinate the Partial Floor Work such that Tenant’s Contractor will perform such work contemporaneously with the Leasehold Improvements; provided that if the Contractor does not perform such work, then Landlord agrees to cause such Partial Floor Work to be performed by its contractor contemporaneously with the Leasehold Improvements.

  • In the event Tenant desires to lease the Partial Floor ROFO Space but disputes in the Partial Floor ROFO Acceptance Notice Landlord’s estimate of the Market Rental Rate, the parties shall have an additional period of fifteen (15) business days after Landlord’s receipt of the Partial Floor ROFO Acceptance Notice in which to negotiate in good faith the Market Rental Rate.

  • Further, in the event the Rentable Area of the New Premises is less than the Rentable Area of the Partial Floor Premises, Tenant's Proportionate Share and Base Rent shall be recalculated and adjusted based on the new Rentable Area of the New Premises (it being understood that there will be no such recalculation if the New Premises are larger than the Partial Floor Premises).

  • In addition, Tenant shall be be responsible, at its expense, for demising the Partial Floor Space, as well as constructing any multi-tenant corridors reasonably required by Landlord in connection therewith (collectively, the “Demising Work”), which work shall be performed in accordance with Section 10.3 of the Lease.

  • With respect only to portions of the Premises which do not constitute a full floor of the Building (“Partial Floor Premises”), Landlord shall have the right to move such Partial Floor Premises to other space in the Project which is (i) contiguous to the Premises (subject to availability as determined by Landlord), and (ii) comparable in size (subject to availability as determined by Landlord) to the Partial Floor Premises, and all terms hereof shall apply to the new space with equal force.

  • After receipt of any Partial Floor ROFO Acceptance Notice (and, if applicable, any subsequent determination of the Market Rental Rate as provided in Rider Section 1(a) above), Landlord and Tenant shall enter into an amendment to the Lease acceptable to Landlord and Tenant to amend the Lease accordingly.

  • In no event, however, shall Landlord be obligated to incur or fund total relocation costs, exclusive of tenant improvement expenditures, in an amount in excess of two (2) months of Basic Rent in the amount then payable hereunder for the Partial Floor Space.

  • Simultaneously with such relocation of the Partial Floor Premises, the parties shall immediately execute an amendment to this Lease stating the relocation of the Partial Floor Premises.

  • If possession of the Partial Floor Premises has not yet been delivered to Tenant, then a substitution shall be effective as of the date Landlord gives notice of such substitution.

  • Upon substitution of the New Premises for the Partial Floor Premises, the Rentable Area of the New Premises shall be substituted for the Rentable Area of the Partial Floor Premises.


More Definitions of Partial Floor

Partial Floor means, with respect to each of the 2nd – 48th floors of the Building, a portion, but not the entire, leasable area on such floor. “Office Premises Full Floor” means a Full Floor on which the Office Premises covers all of such Full Floor. “Office Premises Partial Floor” means a Full Floor on which the Office Premises covers a portion, but not all, of such Full Floor. The Premises may be expanded or contracted in accordance with the express provisions of this Lease.
Sample 1

Related to Partial Floor

  • Premises Building Partial Damage means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is less than fifty percent (50%) of the then Replacement Cost of the building.

  • Premises Partial Damage means damage or destruction to the Premises, other than Lessee-Owned Alterations and Utility Installations, the repair cost of which damage or destruction is less than fifty percent (50%) of the then Replacement Cost (as defined in Paragraph 9.1(d)) of the Premises (excluding Lessee-Owned Alterations and Utility Installations and Trade Fixtures) immediately prior to such damage or destruction.

  • OC Floor An amount equal to 0.50% of the Pool Balance as of the Cut-Off Date.

  • Total Floor Area means, the sum total of the total areas of all floors in a building or structure whether at above or below grade measured between the exterior faces of the exterior walls of the building or structure or from the centre line of a common wall separating two uses or from the outside edge of a floor where the outside edge of the floor does not meet an exterior or common wall, and;

  • SOFR Floor means a rate of interest per annum equal to zero basis points (0.00%).

  • Partial Taking means the taking of only a portion of the Premises which does not constitute a Total Taking; (4) "Date of Taking" means the date upon which the title to the Premises, or a portion thereof, passes to and vests in the condemnor or the effective date of any order for possession if issued prior to the date title vests in the condemnor; and (5) "Award" means the amount of any award made, consideration paid, or damages ordered as a result of a Taking.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • 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:

  • Ground floor means a floor of a building with a building entrance on an accessible route. A building may have more than one ground floor.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Basement means any area of the building having its floor subgrade (below ground level) on all sides.

  • Lobby means a covered space in which all the adjoining rooms open;

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • Floor means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to USD LIBOR.

  • Yard means the land other than publicly owned land around or appurtenant to the whole or any part of a residential or non-residential property and used or capable of being used in connection with the property.

  • Square feet or "square foot" as used in this Lease includes the area contained within the leased premises together with a common area percentage factor of the leased premises proportionate to the total building area.