Rentable Square Footage definition

Rentable Square Footage means (1) with respect to the Building, the sum of the total area of all floors in the Building (including Interior Common Facilities but excluding stairs, elevator shafts, vertical shafts, parking areas and exterior balconies), computed by measuring to the exterior surface of permanent outside walls; and (2) with respect to the Premises, the Usable Square Footage of the Premises multiplied by the Load Factor.

Rentable Square Footage. Usable Area," "Usable Square Feet," and "Usable Square Footage" will be calculated under the American National Standard Method for Measuring Floor Area in Office Buildings, ANSI Z65.1C1996 (revised and adopted June 7, 1996) or successor standard(s), adopted by the Building Owners and Managers Association International (BOMA).

Rentable Square Footage means the total area (as it exists from time to time). Rentable Area of the Leased Premises is hereby deemed to mean approximately 11,761 square feet.

Examples of Rentable Square Footage in a sentence

• For purposes of this Lease, "Rentable Area," "Rentable Square Feet," "Rentable Square Footage," "Usable Area," "Usable Square Feet," and "Usable Square Footage" shall be calculated under the Building Owners and Managers Association International standards ( BOMA) or gross measurement of exterior wall to wall.

• However, in the event of a total or near total destruction of any facility, or the contents of any facility, Scenic’s legal liability for any tenant in that facility shall be limited by the following formula: Total Insurance/Total Rentable Square Footage of Facility x Tenants Square Footage For example, if the rentable square footage of a facility that had been destroyed was 80,000, we would pay up to $12.00 per rentable square foot ($1 million divided by 80,000).

• If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “Offering Amendment”) adding the Offering Space to the Premises on the terms set forth in the Advice and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms.

• Rentable Square Footage – Areas of a larger structure that are shared by adjoining tenants, e.g. lobbies, communal restrooms, stairways, etc.

• If Xxxxxx gives a timely notification of disagreement, then the parties shall jointly select a Washington-licensed surveyor or architect to review the calculations of Landlord's architect and the Tenant selected surveyor and make the determination of Premises Rentable Square Footage, which determination shall be final and binding on the parties.

More Definitions of Rentable Square Footage

Rentable Square Footage means the net square footage of the building plus a pro-rata share of building common areas.

Rentable Square Footage means approximately 26,567 square feet and is subject to adjustment by Landlord.

Rentable Square Footage. Usable Area," "Usable Square Feet," and "Usable Square Footage".....1 2.6. "Basic Monthly Rent".................................................1 2.6.1. "Rent Commencement Date"......................................1 2.7. "Security Deposit"...................................................1 2.8. "Base Year"..........................................................1 2.9. Guarantor............................................................1 2.10. Address for Landlord.................................................1 2.11. Addresses for Tenant.................................................2 2.12. Permitted Uses By Tenant.............................................2 2.13. Building Standard Operating Hours and Days...........................2 2.14. Permitted Trade Name.................................................2 2.15.

Rentable Square Footage means (1) with respect to the Building, the sum of the total area of all floors in the Building (including Interior Common Facilities but excluding stairs, elevator shafts, vertical shafts, parking areas and exterior balconies), computed by measuring to the exterior surface of permanent outside walls; and (2) with respect to the Premises, the area of the Premises (or other space occupiable by tenants as the case may be) computed by measuring to the exterior surface of permanent outside walls, to the midpoint of corridor and demising walls and to the Tenant side of permanent interior walls and Interior Common Facilities walls (other than corridor walls).

Rentable Square Footage or “RSF” shall refer to the rentable square footage of the Premises. Rentable square feet for purposes of this Lease shall be calculated using a single-tenant load factor of 10% for the second floor (as long as Lessee leases the entire second floor of the Building), a multi-tenant load factor of 22.1% for the second floor (if Lessee at any time leases less than the entire second floor of the Building), and a multi-tenant load factor of 22.1% for the first floor of the Building, and a single-tenant load factor of approximately 13.5% for the first floor (if Lessee at any time leases the entire first floor of the Building) and the rentable square feet on the entire first floor shall be 17,469.

Rentable Square Footage means 48,984 square feet.

Rentable Square Footage shall be the amounts determined by Landlord, based upon calculation of usable areas and rentable areas in accordance with the BOMA Standard, as a result of Landlord's Confirmation. Following Landlord's Confirmation (i) Landlord shall deliver a copy of Landlord's Confirmation to Tenant for Tenant's review and confirmation, and (ii) Landlord will set forth the final measurements in a Commencement Letter in the form of Exhibit D attached hereto.