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.
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).
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.