Common use of Tenant’s Share Clause in Contracts

Tenant’s Share. Tenant's Share" means a percentage which -------------- is calculated by multiplying the number of Rentable Square Feet of the Premises by 100 and dividing the product by the total Rentable Square Feet in the Building. If either the Premises or the Building are expanded or reduced, Tenant's Share shall be appropriately adjusted. Tenant's Share for the Expense Year in which that change occurs shall be determined on the basis of the number of days during the Expense Year in which each such Tenant's Share was in effect.

Appears in 2 contracts

Sources: Standard Full Service Gross Office Lease (Copper Mountain Networks Inc), Standard Full Service Gross Office Lease (Copper Mountain Networks Inc)

Tenant’s Share. Tenant's Share" means a the percentage which -------------- stated in Summary Section 7(a). Tenant's Share is calculated by multiplying the number of Rentable Square Feet of the Premises by 100 and dividing the product by the total Rentable Square Feet in the Building. If either the Premises or the Building are is expanded or reduced, Tenant's Share shall be appropriately adjusted. Tenant's Share for the Expense Year in which that change occurs shall be determined on the basis of the number of days during the Expense Year in which each such Tenant's Share was in effect.

Appears in 2 contracts

Sources: Office Lease (National Insurance Group /Ca/), Office Lease (National Information Group)

Tenant’s Share. Tenant's Share" means a the percentage which -------------- stated in Summary of Basic Lease Information Section 7 (b). Tenant's Share is calculated by multiplying the number of Rentable Square Feet of the Premises by 100 and dividing the product by the total Rentable Square Feet in the Building. If either the Premises or the Building are expanded or reduced, Tenant's Share shall be appropriately adjusted. Tenant's Share for the Expense Year in which that change occurs shall be determined on the basis of the number of days during the Expense Year in which each such Tenant's Share was in effect.

Appears in 2 contracts

Sources: Office Lease (Acc Consumer Finance Corp), Office Lease (Cayenta Inc)

Tenant’s Share. Tenant's ’s Share (“Tenant’s Share" ”) means a the percentage which -------------- stated in Basic Lease Information. Tenant’s Share is calculated by multiplying the number of Rentable Square Feet rentable square feet of the Premises by 100 and dividing the product by the total Rentable Square Feet rentable square feet in the Building. If either the Premises or the Building are is expanded or reduced, Tenant's ’s Share shall be appropriately adjusted. Tenant's ’s Share for the Expense Year in which that change occurs shall be determined on the basis of the number of days during the Expense Year in which each such Tenant's ’s Share was in effect.

Appears in 1 contract

Sources: Commercial Lease Agreement (BioTrove, Inc.)

Tenant’s Share. Tenant's Share (Tenant's Share" ) means a the percentage which -------------- stated in Summary of Basic Lease Terms section 7(a). Tenant's Share is calculated by multiplying the number of Rentable Square Feet of the Premises by 100 and dividing the product by the total Rentable Square Feet in the BuildingProject. If either the Premises or the Building are Project is expanded or reduced, Tenant's Share shall be appropriately adjusted. Tenant's Share for the Expense Year in which that change occurs shall be determined on the basis of the number of days during the Expense Year in which each such Tenant's Share was in effect.

Appears in 1 contract

Sources: Lease (Spectranetics Corp)

Tenant’s Share. Tenant's Share" means a the percentage which -------------- stated in Summary of Basic Lease Information section 7(b). Tenant's Share is calculated by multiplying dividing the number of Rentable Square Feet of the Premises by 100 and dividing the product by the total Rentable Square Feet in the BuildingBuilding and multiplying the result by 100. If either the Premises or the Building are is expanded or reduced, Tenant's Share shall be appropriately adjusted. Tenant's Share for the Expense Year in which that change occurs shall be determined on the basis of the number of days during the Expense Year in which each such Tenant's Share was in effect.

Appears in 1 contract

Sources: Office Lease (Quokka Sports Inc)