PREMISES; COMMON AREAS Clause Samples
The "Premises; Common Areas" clause defines the specific space within a property that is leased to the tenant, as well as the shared areas accessible to all tenants, such as lobbies, hallways, restrooms, or parking lots. It typically outlines the boundaries of the leased premises, details the tenant's rights to use common areas, and may specify any rules or restrictions regarding those shared spaces. This clause ensures both parties have a clear understanding of which areas are exclusively for the tenant's use and which are shared, thereby preventing disputes over access and responsibilities within the property.
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PREMISES; COMMON AREAS. 1.1 Subject to all of the terms and conditions hereinafter set forth, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Premises. The property shown on Exhibit A to this Lease and all improvements thereon and appurtenances on that land thereto, including, but not limited to, the Building, other office buildings, access roadways, and all other related areas, shall be collectively hereinafter referred to as the “Project.” Tenant acknowledges and agrees that Landlord may elect to sell one or more of the buildings within the Project and that upon any such sale Tenant’s pro-rata share of those Operating Expenses and Taxes (each as defined below) allocated to the areas of the Project other than buildings may be adjusted accordingly by Landlord. The parties hereto hereby acknowledge that the purpose of Exhibit A and Exhibit B are to show the approximate location of the Premises in the Building and the general layout of the Project and such Exhibits are not meant to constitute an agreement, representation or warranty as to the construction of the Premises, the Building or the Project, the precise area of the Premises, the Building or the Project or the specific location of the Building, “Common Areas,” as that term is defined in Section 1.3, below, or the elements thereof or of the accessways to the Premises, or the Project, or the identity or existence of any other tenant or occupant of the Project.
1.2 For purposes of this Lease, (1) “rentable area” and “usable area” shall be calculated pursuant to the Standard Method for Measuring Floor Area in Office Buildings (ANSI/BOMA Z65.1, 1996); (2) “rentable square feet” and “rentable footage” shall have the same meaning as the term “rentable area;” and (3) “usable square feet” and “usable square footage” shall have the same meaning as the term “usable area.” Notwithstanding anything to the contrary in this Lease, although the recital of the rentable area herein above set forth is for descriptive purposes only, it shall be deemed binding upon both parties. Tenant shall have no right to terminate this Lease or receive any adjustment or rebate of any Base Rent or Additional Rent (as hereinafter defined) payable hereunder if said recital is incorrect. Tenant has inspected the Premises and is fully familiar with the scope and size thereof and agrees to pay the full Base Rent and Additional Rent set forth herein in consideration for the use and occupancy of said space, regardless of the actual numbe...
PREMISES; COMMON AREAS. Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, upon the terms and conditions set forth herein, the Premises. In connection with its use of the Premises, Tenant shall also have the non-exclusive right to use the areas as designated from time to time by Landlord as common areas, which shall in any event include common restrooms, hallways, the lobby, the break room and the shipping and receiving area shown on Exhibit B hereto (the “Common Areas”), as they may be modified by Landlord. Subject to the terms set forth in this Section 1, Tenant shall have the right to install a locked cage and rack (subject to Landlord’s approval of the specifications therefor, which shall not be unreasonably withheld) in the IT/server room that is currently part of the Common Areas. If Landlord desires in its sole discretion to no longer include the IT/server room as part of the Common Areas, Tenant shall remove and relocate its equipment from such room by the date designated by Landlord in a written notice provided to Tenant not less than thirty (30) days prior to the required removal date. Such removal and relocation shall be at Tenant’s sole cost; provided, however, Landlord shall reimburse Tenant, promptly following delivery of paid invoices therefor, of fifty percent (50%) of Tenant’ actual, out of pocket, third party design, permitting and construction costs to install a server room in the Premises (subject to the terms of Section 11), provided Landlord’s contribution shall in no event exceed $7,500. Tenant shall use the Common Areas in a manner that complies with all applicable laws and any rules and regulations that may be adopted by Landlord from time to time. Tenant shall use the Common Areas in a manner that will not interfere with the rights of any other tenants, licensees or Landlord’s service providers. Landlord assumes no responsibility for enforcing Tenant’s rights or for protecting the Common Areas from interference or use from any person, including, without limitation, other tenants or licensees of the Project.
PREMISES; COMMON AREAS. It is agreed between the Landlord and the Tenant that the use of the following common areas of the Premises are to be shared between the Landlord, the Tenant, the Landlord's Occupiers, the Occupiers and the Tenant's Occupiers:
PREMISES; COMMON AREAS. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Premises identified in paragraph 1.01. The Premises, the Common Areas, as defined in paragraph 2.03, the land upon which the Common Areas are located, along with all other buildings and improvements thereon or thereunder, or which may be constructed, are herein collectively referred to as “Riverwalk Crossing,” (See Site Plan, attached hereto as Exhibit “B”).
PREMISES; COMMON AREAS. The property hereby leased to Tenant is that area shown on Exhibit A attached hereto, which consists of approximately 3,073 rentable square feet, known as Suite 290 (the “Premises”), located in the 4401 Research Commons Building (the “Building”) at 79 T.▇. ▇▇▇▇▇▇▇▇▇ Drive, Research T▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. During the Term, Tenant also shall have non-exclusive access to the common areas of the Building. The common areas generally include space that is not included in portions of the Building set aside for leasing to tenants or reserved for Landlord’s exclusive use, including entrances, hallways, lobbies, elevators, restrooms, walkways and plazas (collectively referred to as the “Common Areas”). Landlord has the exclusive right to: (a) designate the Common Areas, (b) change the designation of any Common Area and otherwise modify the Common Areas, and (c) permit special use of the Common Areas, including temporary exclusive use for special occasions. Tenant shall not interfere with the rights of others to use the Common Areas. All use of the Common Areas shall be subject to any reasonable rules and regulations promulgated by Landlord.
PREMISES; COMMON AREAS. During the term of this Sublease, Sublessee shall have the right to use and occupy the Premises and shall also have the right to use and occupy equally with Sublessor the front lobby, kitchens, and reasonable common areas in the Leased Premises.
PREMISES; COMMON AREAS. SERVICE AREAS -------------------------------------
PREMISES; COMMON AREAS. Landlord hereby leases and demises to Tenant, and Tenant leases and takes from Landlord, upon and subject to the covenants, agreements, terms, provisions and conditions of this Lease, the Premises. The Premises contains Eighty-seven Thousand Three Hundred Ten (87,310) rentable square feet of the Building and is located at #5 Wi▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇., Pueblo, Colorado. For the purposes of pro rata calculations, the Premises comprises 60% ("TENANT'S BUILDING SHARE") of the rentable square footage of the Building and 27% ("TENANT'S PROJECT SHARE") of the rentable square footage of the Project. Landlord also grants to Tenant, as an appurtenance to the Premises, the nonexclusive right to use, in accordance with and subject to the terms and conditions of this Lease and in common with Landlord and other tenants of the Building or Project, (I) common areas of the Building and other common areas located on the Building Land, including, without limitation, common lobbies, public corridors, stairways, elevators, rest rooms, entranceways, landscaped areas, sidewalks, driveways, service roads, loading facilities, surface parking lots and all other common areas and facilities located from time to time on the Building Land which Landlord from time to time designates and makes available as common areas to benefit and serve the Building or the Building Land (the "BUILDING LAND COMMON AREA"), and (II) Project driveways necessary to provide access from the Building or the Building Land to or from a public street and other Project common areas reasonably necessary for the full enjoyment of the use of the Premises by Tenant and its invitees and directly benefiting the Premises, other than Building Land Common Areas (the "PROJECT COMMON AREA"). The Building Land Common Area and the Project Common Area are collectively called the "COMMON AREA".
PREMISES; COMMON AREAS. Landlord leases to Tenant and Tenant leases from Landlord the Building described in the Basic Lease Information Rider (the "BLI Rider") attached to the front of this Lease and incorporated into this Lease by this reference. The Building includes both the Premises and all other areas of the Building including, without limitation, all parking spaces, driveways, truck service areas, and sidewalks (the "Building Areas").
PREMISES; COMMON AREAS. Sublessor covenants and agrees to exercise any rights it may have under this Sublease or the Master Lease to enter, control, repair, maintain, manage, alter, improve and/or operate the Subleased Premises, Building and Building Systems, including, without limitation, the common areas and parking facilities, in such a manner as to cause as little interruption to the use and occupancy of the Building and the Subleased Premises by Subtenant, its employees, agents, invitees, licensees, customers, clients and guests as practicable. If Sublessor exercise such rights in a manner that decreases the usable or accessible space in the Subleased Premises, Subtenant shall be entitled to a proportionate adjustment in the rent, including, without limitation, Tenant's share of operating expenses and maintenance