Common use of Definition of Tenant's Share Clause in Contracts

Definition of Tenant's Share. The term “Tenant’s Share” means that portion of an Operating Expense determined by multiplying the cost of such item by a fraction, the numerator of which is the Premises Square Footage and the denominator of which is the total square footage of the floor area of the Building or the Property, depending on the nature of the Operating Expense to be charged, as of the date on which the computation is made. A determination of Tenant’s Share for various Operating Expenses for the Building is set forth in Item 16 of the Basic Lease Provisions. Tenant acknowledges that the total square footage of the Building or Property may change from time to time, and that Tenant’s Share under any or all of the foregoing categories of Operating Expenses may vary accordingly, effective on the first day of the month after each such change occurs. A determination of Tenant’s Share and Building square footage as of the date hereof is set forth in Items 16 and 6, respectively, of the Basic Lease Provisions.

Appears in 2 contracts

Samples: Office Lease (Eargo, Inc.), Office Lease (Eargo, Inc.)

AutoNDA by SimpleDocs

Definition of Tenant's Share. The term “Tenant’s Share” means that portion of an Operating Expense determined by multiplying the cost of such item by a fraction, the numerator of which is the Premises Square Footage and the denominator of which is the total square footage of the floor area of the Building or the PropertyProject, depending on the nature of the Operating Expense to be charged, as of the date on which the computation is made. A determination of TenantXxxxxx’s Share for various Operating Expenses for the Building is set forth in Item 16 18 of the Basic Lease Provisions. Tenant acknowledges that the total square footage of the Building or Property Project may change from time to time, and that TenantXxxxxx’s Share under any or all of the foregoing categories of Operating Expenses may vary accordingly, effective on the first day of the month after each such change occurs. A determination of TenantXxxxxx’s Share and Building square footage as of the date hereof is set forth in Items 16 18 and 6, respectively, of the Basic Lease Provisions.

Appears in 1 contract

Samples: Standard Form Office Lease (Flitways Technology Inc.)

AutoNDA by SimpleDocs

Definition of Tenant's Share. The term "Tenant’s 's Share" means that portion of an Operating Expense determined by multiplying the cost of such item by a fraction, the numerator of which is the Premises Square Footage and the denominator of which is the total square footage of the floor area of the Building or the Property, depending on the nature of the Operating Expense to be charged, as of the date on which the computation is made. A determination of Tenant’s 's Share for various Operating Expenses for the Building is set forth in Item 16 of the Basic Lease Provisions. Tenant acknowledges that the total square footage of the Building or Property may change from time to time, and that Tenant’s 's Share under any or all of the foregoing categories of Operating Expenses may vary accordingly, effective on the first day of the month after each such change occurs. A determination of Tenant’s 's Share and Building square footage as of the date hereof is set forth in Items 16 and 6, respectively, of the Basic Lease Provisions.

Appears in 1 contract

Samples: Form Office Lease (8x8 Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.