Multi-Tenant Floor Sample Clauses
The Multi-Tenant Floor clause defines the rules and conditions that apply when a leased property is located on a floor shared by multiple tenants. It typically outlines how common areas, such as hallways, restrooms, and lobbies, are to be used and maintained, and may specify the allocation of costs for shared services or amenities among the tenants on that floor. This clause ensures clear guidelines for shared space usage and cost-sharing, helping to prevent disputes and promote harmonious co-existence among multiple tenants occupying the same floor.
POPULAR SAMPLE Copied 2 times
Multi-Tenant Floor. As to each floor of the Building on which space is or will be leased to more than one tenant, Rentable Area attributable to each such lease shall be the total of (i) the entire area included within the Leased Premises covered by such lease, being the area bounded by the inside surface of any exterior glass walls, the exterior of all walls separating such Leased Premises from any public corridors or other public areas on such floor, and the centerline of all walls separating such Leased Premises from other areas leased or to be leased to other tenants on such floors, (ii) a pro rata portion of the area within the elevator lobbies, corridors, restrooms, mechanical rooms, electrical rooms, telephone closets and their enclosing walls situated on such floor and (iii) the rentable square footage described in Paragraph (c) below.
Multi-Tenant Floor. As to each floor of the Building on which space is leased to more than one tenant, Rentable Area attributable to each such premises shall be the total of (i) the entire area included within the premises covered by such lease, being the area bounded by the centerline of any exterior walls, the exterior of all walls separating such premises from any public corridors or other public areas on such floor, and the centerline of all walls separating such premises from other areas leased or to be leased to other tenants on such floors, (ii) a pro rata portion of the area within the elevator lobbies, corridors, restrooms, mechanical rooms, electrical rooms, telephone closets and their enclosing walls situated on such floor and (iii) the rentable square footage in Section 2.23 (c).
Multi-Tenant Floor. If other tenants occupy space on the floor on which the Premises are located, Landlord shall provide Tenant's identifying signs at Tenant's expense. The signs shall be comparable to those used by Landlord for other similar floors in the Building and shall comply with Landlord's Building standard signage program.
Multi-Tenant Floor. As to each floor of each building in the Project ------------------ on which space is or will be leased to more than one tenant (hereinafter referred to as "Multi-Tenant Floor"), Rentable Area attributable to each such tenant shall be the total of (1) the entire area included within the premises covered by such tenant's lease, being the area bounded by the inside surface of any exterior glass walls (or the inside surface of the permanent exterior walls where there is no glass) bounding such premises, the exterior of all walls separating such premises from any public corridors or other public areas on such floor, and the centerline of all walls separating such premises from other areas leased or to be leased to other tenants on such floor, and (2) a pro rata portion of the area covered by the elevator lobbies, corridors, common restrooms (if any), mechanical rooms, electrical rooms and telephone closets situated on such floor and on the ground floor of a building (but only to the extent any of the same serve all tenants of the building).
Multi-Tenant Floor. Intentionally deleted
Multi-Tenant Floor. The Rentable Area of a multi-tenant floor tenant shall be computed by multiplying such portion of the Usable Area (AS set out below) allocated to the multi-tenant floor tenant by the ratio of the total Rentable Areas of the Building to the total Usable Areas of the Building.
Multi-Tenant Floor. If other tenants occupy space on the floor on which the Premises are located, Landlord shall provide Tenant’s identifying signs in the form of a door plaque and elevator lobby signage at Tenant’s expense. The signs shall be comparable to those used by Landlord for other similar floors in the Building and shall comply with Landlord’s Building standard signage program. Tenant shall receive space on the Building directory board in the main lobby proportionate to the ratio of the Rentable Square Feet of space in the Premises to the number of Rentable Square Feet in the Building.