Examples of Area of the Demised Premises in a sentence
Base Rent based on an annual rate of $16.50 per square foot of the Area of the Demised Premises, in an amount of $210,408.00 for each Lease Year by equal consecutive monthly installments of $17,534.00 paid in advance on the first (1) day of each and every month commencing on the first (1) day of the sixth (6) Lease Year until and including the last day of the tenth (10) Lease Year.
The square feet of Rentable Floor Area of the Demised Premises, which was set forth in the Original Lease as 23,529 is and shall be, for the purposes of the Original Lease, 23,684 square feet of Rentable Floor Area.
The Area of the Demised Premises as stated in the Surveyor’s certificate shall herein be called the “Surveyed Floor Area”.
For a Resource providing FFR that is unable to return to its RRS Ancillary Service Resource Responsibility within 15 minutes from the end of the deployment period, its QSE may replace the quantity of deficient FFR capacitywithin that same 15 minutes using other Resources qualified to provide RRS but not already committed to provide RRS unless the Resource is not allowed by ERCOT to withdraw energy from the grid.
Subject to adjustments in accordance with Article 7 below, from and after the Rental Commencement Date Tenant shall pay to Landlord a base annual rental (the "Base Rental") equal to the Base Rental Rate set forth in Article 1(j) above multiplied by the Rentable Floor Area of the Demised Premises set forth in Article 1(g) above (as the same may be modified pursuant to Section 2 above).
The Demised Premises shall be approximately as depicted in the Space Plan, provided, however, in no event shall Landlord be liable to Tenant or Tenant have any claims or rights against Landlord if the actual Floor Area of the Demised Premises is different than the estimated Floor Area of the Demised Premises herein provided.
Proposed Office Address Xx. 0, Xxxxxxxxxxxx, 0xx Xxxxx, Xxxxxxxxxxx – 560095 (“Demised Premises”) Chargeable Leasable Area of the Demised Premises 20,098 Sq. Ft. (twenty thousand and ninety-eight square feet) covering the fully furnished entire building in the abovesaid address, shown in the approximate location identified on the building plan attached hereto as Annexure A (“Chargeable Leasable Area”).
The Demised Premises shall be approximately as depicted in the Space Plan; provided, however, in no event shall Landlord be liable to Tenant or Tenant have any claims or rights against Landlord if the actual Floor Area of the Demised Premises is different than the estimated Floor Area of the Demised Premises herein provided.
Landlord’s obligation to fund the cost of Tenant Improvements shall be limited to an allowance of $18.00 multiplied by the Rentable Area of the Demised Premises (the “T.I. Allowance”).
The building proper will contain wires, risers, conduits, feeders, and panel equipment necessary to furnish the premises with electrical energy and a combined lighting and standard electric load of not more than 3 watts per xxxxre foot of the Usable Floor Area of the Demised Premises.