Initial Premises definition

Initial Premises as used in this Amendment shall mean all premises leased by Tenant in the Building prior to the addition of the Expansion Area described in this Amendment.

Initial Premises means the area located on the entire second (2nd), third (3rd), fourth (4th) and fifth (5th) floors of the Building, as outlined on Exhibit A attached hereto and incorporated herein, containing approximately one hundred twenty five thousand four hundred ninety (125,490) rentable square feet of area and one hundred thirteen thousand fifty four (113,054) usable square feet of area, measured on a single tenant per floor basis, using BOMA standards. The area of the Premises may be adjusted or expanded in accordance with the provisions of Section 5.A below. The Initial Premises, as later modified or expanded, is referred to in this Lease as the "PREMISES."

Initial Premises has the meaning set forth in this Section 1.01 in the definition of “Premises”.

Examples of Initial Premises in a sentence

• The term of the Additional Premises begins one year after the term of the Initial Premises, which began in August 2015, and each have a term of 84 months.

• The Premises will be allocated to approximately 95,000 square feet of rentable space (the "Initial Premises") which we expect to occupy in January 2016 and approximately 87,000 square feet of rentable space (the "Must-Take Premises"), which we expect to occupy one year thereafter.

• The Initial Premises and the Must-Take Premises each have a term of 84 months, subject to the completion of certain pre-occupancy improvements by our landlord.

• Once the landlord completes the construction of the Initial Premises, which is estimated to be in January 2016, we will evaluate the Lease in order to determine whether or not the Lease meets the criteria for “sale-leaseback” treatment.

• The Premises is allocated between the "Initial Premises" and "Additional Premises," which are each approximately 91,000 square feet of rentable space.

More Definitions of Initial Premises

Initial Premises. The "Initial Premises" shall mean: (i) all of the leasable space on the 3rd, 4th, 8th and 9th floors of the North Tower (as defined below) as shown on the floor plans attached hereto as Exhibit "A-1," "A- ----------------- 2," "A-3" and "A-4," (collectively, the "Initial 515 Premises"); and (ii) the ------------------- space on the 37th Floor of the South Tower (as defined below), as shown on the floor plan attached hereto as Exhibit "A-5," ("Suite 3700"). The "Premises" ------------ shall mean the Initial Premises and any other space in the Project added to the Initial Premises pursuant to the terms of this Lease. The "North Tower Premises" shall mean the portion of the Premises located in the North Tower and the "South Tower Premises" shall mean Suite 3700 and any other portion of the Premises located in the South Tower.

Initial Premises. As defined in Recital B.

Initial Premises means 35,738 rentable square feet, more or less, on the nineteenth (19th), twentieth (20th), and twenty-first (21st) floors of the Building, as set out in the Lease.

Initial Premises means (i) floors 2, 8, 9, 10, 11 and 12 containing an aggregate 168,422.64 RSF, and (ii) the Roof Terrace which shall have no allocable RSF.

Initial Premises means the initial space Tenant leases under Section 2.1.1, together with any Additional Initial Premises and Initial Retail Premises, if any, less any Excess Space.

Initial Premises as used in this Amendment shall mean all premises leased by Tenant in the Building prior to the addition of the Expansion Area described in this Amendment. The Initial Premises contain 46,783 Rentable Square Feet of space.

Initial Premises shall have the meaning ascribed to it in Clause 9.14.