Common use of Tenant’s Percentage Clause in Contracts

Tenant’s Percentage. 28.20%, which is the ratio that the rentable square footage of the Premises bears to the rentable square footage of the Building. Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof, Tenant shall pay to Landlord 28.20% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary below. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Work Letter Agreement (Hi/Fn Inc)

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Tenant’s Percentage. 28.2048.12%, which is the ratio that the rentable square footage of the Premises (22,229 rentable square feet) bears to the rentable square footage of the BuildingBuilding (46,193 rentable square feet). Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof, Tenant shall pay to Landlord 28.2048.12% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary below. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Work Letter Agreement (Orexigen Therapeutics, Inc.)

Tenant’s Percentage. 28.201.7453%, which is approximately the ratio that the rentable square footage of the Premises bears to the rentable square footage of the BuildingProject. Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof, Tenant shall pay to Landlord 28.201.7453% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary below. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Office Lease (Lumena Pharmaceuticals, Inc.)

Tenant’s Percentage. 28.205.37%, which is the ratio that the rentable square footage of the Premises bears to the rentable square footage of the Building. Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof, Tenant shall pay to Landlord 28.205.37% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary below. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Work Letter Agreement (Auspex Pharmaceuticals, Inc.)

Tenant’s Percentage. 28.2029.10%, which is the ratio that the rentable square footage of the Premises bears to the rentable square footage of the Building. Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof, following the Base Year, Tenant shall pay to Landlord 28.2029.10% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary below. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Work Letter Agreement (Axesstel Inc)

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Tenant’s Percentage. 28.202.77%, which is the ratio that the rentable square footage of the Premises bears to the rentable square footage of the BuildingProject. Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof4.4, Tenant shall pay to Landlord 28.202.77% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary belowSummary. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Work Letter Agreement (Orexigen Therapeutics, Inc.)

Tenant’s Percentage. 28.204.73%, which is the ratio that the rentable square footage of the Premises bears to the rentable square footage of the Building. Accordingly, as more particularly set forth in Sections 4.3 and 4.4 hereof, Tenant shall pay to Landlord 28.204.73% of the “Operating Expenses” (as defined in Section 4.4) in excess of “Landlord’s Contribution to Operating Expenses" as defined in Section 1.10 of the Summary below. Tenant’s Percentage is subject to adjustment in accordance with Section 1.3 of the Lease.

Appears in 1 contract

Samples: Work Letter Agreement (Auspex Pharmaceuticals, Inc.)

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