Floor Areas Sample Clauses
The "Floor Areas" clause defines how the size of different spaces within a property is measured and categorized for legal or contractual purposes. It typically specifies the method of measurement, such as gross or net floor area, and may outline which parts of the building are included or excluded, like common areas, balconies, or service spaces. This clause ensures consistency and clarity in property descriptions, helping to prevent disputes over space allocation and ensuring all parties have a shared understanding of the property's dimensions.
Floor Areas. The load factors to convert the usable area (USF) of office space in the TUS Building to rentable area (RSF) therein are 1.13 (i.e., 13%) when Lessee occupies part of the office space on a floor and 1.0927 (i.e., 9.27%) when Lessee occupies all of the office space on a floor. The total area of the office and retail space in TUS Building is 1,095,391 square feet (RSF for office plus USF for retail). The total area of office and retail space in the OUS Building is 628,845 square feet (RSF for office plus USF for retail). The total usable area of retail space in the TUS Building and OUS Building is 55,757 square feet. The usable and rentable areas of office space and usable areas of retail space comprising the leased premises shall be calculated from Lessee’s Final Preliminary Plans (defined in Exhibit B), as mutually agreed to by Lessee’s Architect and Lessor’s Architect, and set forth in Exhibit A when it is attached and made part of this lease as above provided. In the event a portion of the Building is damaged or any other event or change occurs which alters the usable or rentable areas of the leased premises or the Building, Lessor may appropriately adjust the foregoing areas . Usable and rentable areas shall mean such areas as defined by the Building Owners and Managers Association International in its “Standard Method for Measuring Floor Area in Office Buildings” (American National Standard ANSIZ 65.1-1980). Whenever areas are herein referred to generally, it shall mean rentable area.
Floor Areas. Upon the effective date of this Seventh Amendment, the agreed Net Rentable Area of the Premises shall be 63,815 square feet and of the Building shall be 213,000 square feet.
Floor Areas. For purposes of this Lease, the usable area of the Leased Premises is deemed to be 19,225 square feet. The rentable area of the Leased Premises is deemed to be 20,675 square feet. The Leased Premises are deemed to be 1.96132 percent of the rentable area of the Building. In the event a portion of the Building is damaged or any other event or change occurs which alters the usable or rentable areas of the Leased Premises or the Building, Lessor may appropriately adjust the foregoing areas and percent. Usable and rentable areas shall mean such areas as defined generally by the Building Owners and Managers Association International in its "Standard Method for Measuring Floor Area in Office Buildings" (American National Standard ANSIZ 65.1-1996). Whenever areas are herein referred to generally, it shall mean rentable area. Lessee has undertaken such examination of rentable and usable areas of the Building as it desires and agrees with the areas set forth above.
Floor Areas. That part of Section 1.2 reading 1.96132 percent of the rentable area of the Building changed to read 5.49463 percent of the Building.
Floor Areas. That part of Section 1.2 reading 19,225 usable square feet; 20,675 rentable square feet, changed to read 38,450 usable square feet; 41,350 rentable square feet effective July 1, 1999, and 56,722 usable square feet; 61,893 rentable square feet effective August 1, 1999.
Floor Areas. Upon the effective date of this Fourth Amendment, the agreed Net Rentable Area of the Premises is 66,710 square feet and of the Building is 213,000 square feet.
Floor Areas. The stated areas have been provided in accordance with the RICS Property