Common Space. Common space shall be apportioned according to the percentage of occupied space. The parties agree the City subleases 1,600 square feet of occupied space and 1,424 square feet of common space from the Department of Labor. This sub-sublease provides LAP with .071% of the occupied space. Applying that percentage to the 1,424 square feet of common space, this sub-sublease provides LAP with one hundred one (101) square feet of common space at a rental rate of $11.00 per square foot for a four month sub-sublease cost of $370.32.
Appears in 2 contracts
Sources: Sub Sublease Agreement, Sub Sublease Agreement