Rentable Area and Pro Rata Shares Sample Clauses

Rentable Area and Pro Rata Shares. Effective as of the Fourth Amendment Execution Date, the chart in Section 3 of the Third Amendment shall be deleted in its entirety and replaced with the following: Definition or Provision Means the Following (As of the Fourth Amendment Execution Date) Premises in 9712 Building Approximate Rentable Area of 9712 Premises 10,833 square feet Premises in 9714 Building Approximate Rentable Area of 9714 Premises 19,056 square feet Approximate Rentable Area of Suite 1114 Premises 5,319 square feet Approximate Rentable Area of Suite 1214 Premises 11,000 square feet Approximate Rentable Area of Additional First Floor Premises 3,152 square feet Approximate Rentable Area for all Premises in the 9714 Building (total) 38,527 square feet Building, Campus, Project Size Approximate Rentable Area of 9712 Building 22,907 square feet Definition or Provision Means the Following (As of the Fourth Amendment Execution Date) Approximate Rentable Area of 9714 Building 38,527 square feet Approximate Rentable Area of South Campus 92,125 square feet Approximate Rentable Area of Project 214,725 square feet Pro Rata Shares Tenant’s Pro Rata Share of 9712 Building 47.29% Tenant’s Pro Rata Share of 9714 Building for 9714 Premises 49.46% Tenant’s Pro Rata Share of 9714 Building for Suite 1114 Premises 13.81% Tenant’s Pro Rata Share of 9714 Building for Suite 1214 Premises 28.55% Tenant’s Pro Rata Share of 9714 Building for Additional First Floor Premises 8.18% Tenant’s Pro Rata Share of 9714 Building (total) 100.00% Tenant’s Pro Rata Share of South Campus for 9712 Premises 11.76% Tenant’s Pro Rata Share of South Campus for 9714 Premises 20.68% Tenant’s Pro Rata Share of South Campus for Suite 1114 Premises 5.77% Tenant’s Pro Rata Share of South Campus for Suite 1214 Premises 11.94% Tenant’s Pro Rata Share of South Campus for Additional First Floor Premises 3.42% Tenant’s Pro Rata Share of South Campus for all Premises in the 9714 Building (total) 41.81% Tenant’s Pro Rata Share of Project for 9712 Premises 5.05% Tenant’s Pro Rata Share of Project for 9714 Premises 8.87% Tenant’s Pro Rata Share of Project for Suite 1114 Premises 2.48% Tenant’s Pro Rata Share of Project for Suite 1214 Premises 5.12% Tenant’s Pro Rata Share of Project for Additional First Floor Premises 1.47% Tenant’s Pro Rata Share of Project for all Premises in the 9714 Building (total) 17.94%
Sample 1
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Rentable Area and Pro Rata Shares. The Rentable Area of the Premises and Tenant’s Pro Rata Shares are hereby modified by deleting the chart set forth in Section 2.2 of the Existing Lease in its entirety and replacing it with the following: Definition or Provision Means the Following (As of the Term Commencement Date) Approximate Rentable Area of Premises 17,776 square feet Approximate Rentable Area of Building 202,023 square Tenant’s Pro Rata Share of Building 8.80% Approximate Rentable Area of Laboratory Building 97,575 square feet Tenant’s Pro Rata Share of Laboratory Building 18.22% BioMed Realty from dated 3/27/15
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Rentable Area and Pro Rata Shares. 9.1. Notwithstanding anything in the Existing Lease to the contrary, the Rentable Area (expressed in rentable square feet) and Tenant’s Pro Rata Shares shall be as set forth below: Definition or Provision Means the Following Rentable Area of Buildings (prior to the Term Commencement Date for the Initial 440 Expansion Premises/Existing Bridge Commencement Date/Corridor Commencement Date) 71,084 for 410 Building 58,145 for 420 Building 8,939 for Connector Building 72,517 for the 430 Building 47,355 for 440 Building Rentable Area of Buildings (as of the Term Commencement Date for the Initial 440 Expansion Premises/Existing Bridge Commencement Date/Corridor Commencement Date) 71,798 for 410 Building 58,145 for 420 Building 8,939 for Connector Building 72,517 for the 430 Building 47,355 for 440 Building Rentable Area of Buildings (as of the New Bridge Commencement Date) 71,798 for 410 Building 58,859 for 420 Building* 8,939 for Connector Building 72,517 for the 430 Building 47,355 for 440 Building Rentable Area of Existing Project (prior to Existing Bridge Commencement Date) 258,040 Rentable Area of Existing Project (as of Existing Bridge Commencement Date) 258,754 Rentable Area of Existing Project (as of New Bridge Commencement Date) 259,468* Tenant’s Pro Rata Share of Buildings (prior to the Term Commencement Date for the Initial 440 Expansion Premises/Existing Bridge Commencement Date/Corridor Commencement Date) 100% of 410 Building 100% of 420 Building 100% of Connector Building 0% of 430 Building 0% of 440 Building Tenant’s Pro Rata Share of Buildings (as of the Term Commencement Date for the Initial 440 Expansion Premises/Existing Bridge Commencement Date/Corridor Commencement Date) 100% of 410 Building 100% of 420 Building 100% of Connector Building 0% of 430 Building 54.60% of 440 Building** Definition or Provision Means the Following Tenant’s Pro Rata Share of Buildings (as of the New Bridge Commencement Date) 100% of 410 Building 100% of 420 Building 100% of Connector Building 0% of 430 Building 54.60% of 440 Building** Tenant’s Pro Rata Share of the Project (prior to the Term Commencement Date for the Initial 440 Expansion Premises/Existing Bridge Commencement Date/Corridor Commencement Date) 53.55% Tenant’s Pro Rata Share of the Project (as of the Term Commencement Date for the Initial 440 Expansion Premises/Existing Bridge Commencement Date/Corridor Commencement Date) 63.67% Tenant’s Pro Rata Share of the Project (as of the New Bridge Commencement ...
Sample 1

Related to Rentable Area and Pro Rata Shares

  • Tenant’s Pro Rata Share For the period commencing with the Expansion Effective Date and ending on the Termination Date, Tenant’s Pro Rata Share for the Expansion Space is one point one five percent (1.15%).

  • Rentable Area 6.1. The term “

  • Square Footage Buyer acknowledges that the square footage of the Property has not been measured by Seller, Seller’s broker or its auctioneer (including the square footage of the lot and home) and the square footage quoted on any marketing tools such as advertisements, brochures, MLS data, the auction website and any other information provided is based on information supplied to Seller and is deemed approximate and not guaranteed. Buyer further acknowledges that Buyer has not relied upon any such marketing tool and that such tools are not representations and/or warranties of Seller or its agent.

  • Tenant’s Percentage Share The term "Tenant's Percentage Share" shall mean 46.67% and shall be used to calculate increases in Property Taxes and Operating Expenses (as such terms are hereinafter defined) payable by Tenant. Landlord may reasonably redetermine Tenant's Percentage Share from time to time to reflect reconfigurations, additions or modifications to the Building.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of Article 3 of the Lease.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Tenant’s Proportionate Share (Section 4.4.3.1): 6.27 percent (6.27%). Such share is a fraction, the numerator of which is the rentable square feet of the Premises, and the denominator of which is the rentable square feet of the Building, as determined by Landlord from time to time on a consistent basis.

  • Common Area Operating Expenses Lessee shall pay to Lessor during the term hereof, in addition to the Base Rent, Lessee's Share (as specified in Paragraph 1.6(b)) of all Common Area Operating Expenses, as hereinafter defined, during each calendar year of the term of this Lease, in accordance with the following provisions:

  • Pro Rata Share A Participation Rights Holder’s “Pro Rata Share” for purposes of the Right of Participation is the ratio of (a) the number of Ordinary Shares (calculated on a fully-diluted and as-converted basis) held by such Participation Rights Holder, to (b) the total number of Ordinary Shares (calculated on a fully-diluted and as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Right of Participation.

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