BOMA method definition

BOMA method means the current, industry standard methodology for calculating usable square footage (by the building owners and managers association).
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BOMA method means the standard method for measuring floor area in office buildings as published by the Builders, Owners and Managers Association International, ANSI/B.O.M.A. Z65.1-1996, and approved June 7, 1996 by the American National Standards Institute, Inc.
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BOMA method means the Building Owners and Managers Association method of measurement for office buildings titled, “Office Buildings: Standard Methods of Measurement (ANSI/BOMA A65.1-2017);
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Examples of BOMA method in a sentence

  • The minimum commercial area in the Town Centre is to be 2 000m2 Gross Leaseable Area (measured in accordance with the BOMA method of measurement).

  • Measurement of the actual amount shall be performed by first using the BOMA method for measuring useable rentable space and then multiplying the result by 1.1765 (which accounts for a 15% loss factor from gross rentable to usable rentable space) to achieve the figure for gross rentable space.

  • The agreed rentable area of the Premises is stipulated to be the sum of the Premises Rentable Area for the Extension Premises and the Expansion Premises, which is set forth in the Basic Lease Information and has been determined by applying the BOMA method.

  • Prior to such date, the measurement of the Extension Premises, as shown in Section 4(a) of the Basic Lease Information (and the Building Rentable Area for purposes of determining Tenant’s Share), shall be based on the 1996 BOMA method, except that the measurement of Suite 380 has been based on the 2010 BOMA method, such that the rentable area of Suite 380 shall not be adjusted on November 1, 2020.

  • The project is contemplated to house the 7,000 square foot Premises, plus 34,500 rentable square feet according to the BOMA method of medical office/professional office space with parking as generally displayed on the conceptual site plan attached as Exhibit B, together with any appurtenances thereto provided hereunder.

  • Lessee shall have the right to have the Demised Premises remeasured using the BOMA method of measurement.

  • The exact area of the Premises shall be determined by applying the BOMA method of measurement (ANSI Z65.1-1996) to calculate the square footage per the final space plan for the Premises.

  • Landlord herby confirms that the square footage calculations for the Existing Premises and the Expansion were made in accordance with the BOMA method.

  • If said architect determined in writing that the space measurement according to the standard BOMA method differs from 14,315 rentable square feet, then, the Base Rent and Sublessee's Percentage (as defined in Section 6 hereof, applicable to payment of additional rent hereunder) and all other similar charges and amounts as set forth in this Sublease which are calculated on square footage basis shall be adjusted in proportion to such difference.

  • As used herein, the term "RA," when referring to the Premises (defined in the Basic Lease Information) shall mean and refer to the rentable area of the Premises measured in accordance with the Building Owners and Managers Association ("BOMA") method of measurement.


More Definitions of BOMA method

BOMA method means the method for measuring floor area in office buildings as set out in ANSI/BOMA Z65.1- 1996.
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Related to BOMA method

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Standard Methods means the examination and analytical procedures set forth in the most recent edition of "Standard Methods for the Examination of Water and Wastewater" published jointly by the American Public Health Association, the American Water Works Association, and the Water Pollution Control Federation.

  • Licensed Method means any method that is covered by a Valid Claim the use of which would constitute, but for the license granted to LICENSEE under this Agreement and Licensee’s co-ownership interest, an infringement, an inducement to infringe or contributory infringement, of any pending or issued claim within Patent Rights, had LICENSEE not had rights in patents and patent applications claiming Invention.

  • Balance Computation Method We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day. Compounding and Crediting: Interest is compounded daily and calculated on a 365/366 day basis. Interest is credited on a monthly basis.