BOMA Clause Samples

The BOMA clause defines how the measurement of rentable or usable space within a commercial property is determined, typically by referencing standards set by the Building Owners and Managers Association (BOMA). In practice, this clause ensures that both landlords and tenants use a consistent methodology for calculating square footage, which can affect rent, operating expenses, and space allocation. By referencing BOMA standards, the clause eliminates ambiguity and potential disputes over space measurements, ensuring transparency and fairness in lease agreements.
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BOMA. The Office Buildings: Standard Methods of Measurement (ANSI/BOMA Z65.1-2010), as published by the Building Owners and Managers Association, as may be amended from time to time. Landlord may utilize a modified BOMA standard.
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BOMA. The calculation of "usable" and "rentable" square footage shall be determined in accordance with the Building Owners and Managers Association International standards (ANSI/BOMA Z65.1-1996).
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BOMA. For purposes of this Lease, “rentable square feet” and “usable square feet” shall be calculated pursuant to the Building Owners’ and Managers’ Association (BOMA) Standard Method of Measuring Floor Area in Office Building in effect at the time of measurement. Within thirty (30) days after substantial completion of the Tenant Improvements, Landlord’s space planner/architect shall measure and certify the rentable and usable square feet of the Premises in accordance with the provisions of this Section 1.3 and the results thereof shall be presented to Tenant in writing. In the event that it is determined that the square footage amounts are different from those set forth in this Lease, whether higher or lower, all amounts, percentages and figures appearing or referred to in this Lease based upon such incorrect amount shall be modified in accordance with such determination. If such determination is made, it will be confirmed in writing by Landlord to Tenant, and shall not be changed, at any time, for any reason other than a change in the physical size of the Premises or the Common Area.
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Related to BOMA

  • MULTIPLE BUILDINGS If the Premises are part of a group of buildings controlled by Lessor, Lessee agrees that it will abide by, keep and observe all reasonable rules and regulations which Lessor may make from time to time for the management, safety, care, and cleanliness of the grounds, the parking and unloading of vehicles and the preservation of good order, as well as for the convenience of other occupants or tenants of such other buildings and their invitees, and that Lessee will pay its fair share of common expenses incurred in connection therewith.

  • Rentable Area 6.1. The term “Rentable Area” shall reflect such areas as reasonably calculated by Landlord’s architect, as the same may be reasonably adjusted from time to time by Landlord in consultation with Landlord’s architect to reflect changes to the Premises, the Building or the Project, as applicable.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.

  • PREVAILING WAGE RATES - PUBLIC WORKS AND BUILDING SERVICES CONTRACTS If any portion of work being Bid is subject to the prevailing wage rate provisions of the Labor Law, the following shall apply:

  • Square Footage Buyer acknowledges that the square footage of the Property has not been measured by Seller, Seller’s broker or its auctioneer (including the square footage of the lot and home) and the square footage quoted on any marketing tools such as advertisements, brochures, MLS data, the auction website and any other information provided is based on information supplied to Seller and is deemed approximate and not guaranteed. Buyer further acknowledges that Buyer has not relied upon any such marketing tool and that such tools are not representations and/or warranties of Seller or its agent.