Common use of Floor Area Clause in Contracts

Floor Area. The term "Floor Area" as used herein means the actual number of square feet of floor space (exclusive of any space on mezzanines, in basements or on exterior balconies unless used for the sale or display of merchandise) within the exterior faces of building walls and measured from the center of common walls, but excluding any such space (i) not intended by Lessor for the exclusive occupancy by lessees, (ii) outside sales areas whether or not roofed and/or exposed, (iii) truck ramps and/or docks, trash storage and compaction areas, box and bottle yards, whether or not roofed and/or enclosed, and (iv) space within any kiosk building. For the purpose of making any proration or allocation to be made under this Article 9, Lessor nay conclusively assume that the floor area of the Premises is the estimated floor area specified in Paragraph A of the Basic Lease Provisions.

Appears in 2 contracts

Sources: Shopping Center Lease (Futon World Inc), Shopping Center Lease (Futon World Inc)