Area of Leased Premises definition

Area of Leased Premises means the area of the Leased Premises measured by the Landlord's Architect following completion of the Tenant's Work or any subsequent construction by the Tenant in accordance with the standard (as updated June 7, 1996) for floor measurement as established by the Building Owners and Managers Association (BOMA). The Area of Leased Premises when certified by the Landlord's Architect will apply instead of the area set forth in Basic Term .01 and Rent will be adjusted in accordance with the revised Area of Leased Premises, which adjustment will be retroactive to the Commencement Date if the certification does not occur until after the Commencement Date.
Area of Leased Premises means the area of the Leased Premises measured from a perpendicular line drawn at right angles from the edge of the roof to the ground for all exterior walls, doors and windows and from the centre line of all interior walls separating the Leased Premises from adjoining premises, which area for all purposes of this Lease unless otherwise determined by recalculation of the Landlord's Architect following completion of the Tenant's Work or any subsequent construction by the Tenant is the area set forth in Basic Term .01.
Area of Leased Premises means the area (expressed in square feet) of the Leased Premises measured from the exterior face of all exterior walls, doors and windows and from the centre line of all interior walls separating the Leased Premises from adjacent premises, which the Lessor and Lessee acknowledge to be forty-three thousand eighty-seven square feet (43,087 sq. ft.) English Measure and more or less;

Examples of Area of Leased Premises in a sentence

  • The Rentable Area of Leased Premises includes the area to be occupied by Tenant, as well as an allocated portion of other space in the Building, including corridors, elevator lobbies, restrooms, janitorial closets, and Common Areas.

  • Throughout the Term, the Tenant shall be provided with parking on the basis of three (3) stalls per 1,000 square feet of the Area of Leased Premises.

  • The Tenant shall spend a minimum of $17.00 per square foot of the Area of Leased Premises of the Allowance on the fixturing and modifying of the Leased Premises.

  • Nearly 300 industrial parks and export-processing zones account for a significant share of Viet Nam's industrial output, investment, exports, and employment.

  • Rentable Area of Leased Premises and Building: The rentable square feet (“RSF”) of the Leased Premises is approximately 34,436 and the RSF of the Building is approximately 99,538.

  • It was concluded from previous trials in a laboratory environment on one manufacturer’s system that this was not a safe application.

  • Calculated on the basis of the Rentable Area of Leased Premises being 16,500* square feet the Lessee will submit, on signing of this Lease, 12 postdated cheques in the amount of: Basic Rent $ 15,125.00 Additional Rent $ 17,187.50 G.S.T. $ 2,261.88 TOTAL MONTHLY RENT $ 34,574.38 (Thirty Four Thousand Five Hundred and Seventy Four Dollars and Thirty Eight Cents) to cover basic rent, additional rent, and G.S.T. for the Leased Premises for the first year of the Lease.

  • The Tenant shall pay to the Landlord a proportionate share of the amount of Taxes applicable to the Shopping Centre in each Taxation Year, such proportionate share being the proportion that the Area of Leased Premises bears to the gross Leasable Area in the Shopping Centre.

  • Kothari, Vice Chairman has retired from the Board of Directors of the Company with effect from the close of business on 2nd May, 2017.

  • If the actual Area of Leased Premises is adjusted as contemplated by Article 1.1, the Basic Rent will also be deemed to be adjusted to that amount per annum equal to the per square foot rate multiplied by the actual Area of Leased Premises as so adjusted.


More Definitions of Area of Leased Premises

Area of Leased Premises approximately 8,000 square feet
Area of Leased Premises. All of Building C, consisting of approximately 102,594 square feet. The actual Area of the Leased Premises shall be measured in accordance with BOMA (as defined in Section 20.02) by Landlord's Architect following completion of the Building shell and the Monthly Rent and other charges due from Tenant under this Lease shall be based on such actual measurement.
Area of Leased Premises means the gross Building area of the Leased Premises including any load factor measured by the Landlord's Architect in accordance with the then current standard for floor measurement as established by the Building Owners and Managers Association (BOMA) based on the Tenant's space plan as described in "SCHEDULE B".
Area of Leased Premises means the area of the Leased Premises (expressed in square meters or square feet) equal to the Net Rentable Area of the Leased Premises plus an amount equal to the product of a fraction having as its numerator the Net Rentable Area of the Leased Premises and as its denominator the sum of the Net Rentable Area of all premises (whether leased or not) within the Building, multiplied by the total area of the Service Areas. The Area of the Leased Premises shall be determined by the Landlord's Architect following completion of the Tenant's Work or any subsequent construction by the Tenant and such determination shall, in the absence of manifest error, be final and conclusive as to the Area of the Leased Premises.
Area of Leased Premises means the area of the Leased Premises measured by the Landlord's Architect following completion of the Tenant's Work or any subsequent construction by the Tenant predominately in accordance with the then current standard for floor measurement as established by the Building Owners and Managers Association (BOMA) modified in order to take into account unique characteristics of the Building such as sharing of the main floor showers and locker rooms and other Common Areas which benefit all other tenants within the Building. The Landlord shall provide the Tenant with a summary detailing calculations of the Area of Leased Premises. The Area of Leased Premises when and if it is certified by the Landlord's Architect will apply instead of the area set forth in Basic Term .O1 and Rent will be adjusted in accordance with the revised Area of Leased Premises, which adjustment will be retroactive if the certification does not occur until after the Commencement Date.
Area of Leased Premises means the area of the floor space of the Leased Promises in square feet measured from the centre of partition walls and from the exterior surface of the exterior walls, and for the purposes of this Lease is 8,200 square feet more or less;

Related to Area of Leased Premises

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • the Building means any building of which the Property forms part.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Parcel 2 COMMON AREA APPURTENANT TO EACH COMMERCIAL UNIT APPURTENANT TO EACH COMMERCIAL UNIT, AN UNDIVIDED 1/185th FEE SIMPLE INTEREST IN AND TO THE PHASE ONE PROPERTY LESS AND EXCEPT THE UNITS SHOWN ON THE PHASE ONE PLAN, ALSO DESCRIBED AS THE PORTION OF THE “COMMON AREA” (AS THAT TERM IS DEFINED IN THE DECLARATION) LOCATED WITHIN THE PHASE ONE PROPERTY; TOGETHER WITH PARCEL 3: EXCLUSIVE USE COMMON AREAS AN EXCLUSIVE RIGHT FOR USE, POSSESSION AND ENJOYMENT APPURTENANT TO COMMERCIAL UNIT C4, FOR USE FOR BALCONY OR PATIO PURPOSES OVER PORTIONS OF THE COMMON AREA, DEPICTED AND ASSIGNED ON THE PHASE ONE PLAN AS “B-C4”. TOGETHER WITH PARCEL 4: NONEXCLUSIVE EASEMENTS NONEXCLUSIVE EASEMENTS ON, OVER, ACROSS AND THROUGH THE COMMON AREA FOR ACCESS, INGRESS, EGRESS, ENJOYMENT, DRAINAGE, ENCROACHMENT, SUPPORT, MAINTENANCE, INSPECTION, REPAIR AND FOR OTHER PURPOSES, AS MAY BE SHOWN ON THE PHASE ONE PLAN, AND AS DESCRIBED IN THE DECLARATION PARCEL E (COMPRISING XXXXXX 0, XXXXXX 0, XXXXXX 3, AND PARCEL 4 BELOW) PARCEL 1 COMMERCIAL UNIT C5, AS SHOWN AND DESCRIBED IN (A) THE CONDOMINIUM PLAN RECORDED ON SEPTEMBER 20, 2001 IN BOOK 2 OF CONDOMINIUM PLANS AT PAGE 36, IN THE OFFICIAL RECORDS OF MONO COUNTY, CALIFORNIA (THE “OFFICIAL RECORDS), AS AMENDED BY CORRECTION TO RECORDING REFERENCES RECORDED ON NOVEMBER 20, 2001 AS DOCUMENT NO. 2001008410 IN THE OFFICIAL RECORDS AND AMENDMENT TO CONDOMINIUM PLAN RECORDED IN BOOK 2 PAGES 39 THROUGH 39M OF CONDOMINIUM PLANS IN THE OFFICIAL RECORDS (COLLECTIVELY, THE “PHASE ONE PLAN”) AND (B) THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR THE VILLAGE AT MAMMOTH PHASE I (WHITE MOUNTAIN LODGE AND LINCOLN HOUSE) RECORDED AS DOCUMENT NO. 2001006657, IN THE OFFICIAL RECORDS AS AMENDED BY FIRST AMENDMENT RECORDED AS DOCUMENT NO. 2001008411 IN THE OFFICIAL RECORDS AND SECOND AMENDMENT RECORDED AS DOCUMENT NO. 2003001363 IN THE OFFICIAL RECORDS (COLLECTIVELY, THE “DECLARATION”) SAID UNIT BEING SITUATED WITHIN THAT PORTION OF THE CONDOMINIUM AIR SPACE ENVELOPE DESCRIBED BY THE PHASE ONE PLAN (THE “PHASE ONE PROPERTY”) AND LOCATED ON A PORTION OF LOT 1 OF TRACT 36-193a, PER MAP RECORDED IN BOOK 10, OF TRACT MAPS, AT PAGE 60, IN THE OFFICIAL RECORDS OF MONO COUNTY, CALIFORNIA; TOGETHER WITH

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Parking Area means the area designated as a permitted parking area and a special parking area by the Road Traffic (Permitted Parking Area and Special Parking Area) (Angus Council) Designation Order 2017; and “permitted parking area” and “special parking area” are to be read accordingly;”; and

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Parking Areas means those portions of the Common Areas or other areas under Landlord’s control which from time to time are designated by the Landlord for the parking of automobiles and other automotive vehicles while engaged in business upon the Premises (other than while being used to make deliveries to and from the Premises).

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Leased Area means the Crown land referred to in, subclause (1) of clause 9 hereof; [“mineral lease”] 4

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • the Land means the land on which the development would be carried out or, in relation to development already carried out, has been carried out;

  • mining areas means the areas delineated and coloured red on the Plan marked “A” initialled by or on behalf of the parties hereto for the purposes of identification;

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.