Building Rentable definition

Building Rentable. Area: Approximately 65,000 square feet. Basic Rent: June 1, 2003 - July 31, 2003: Free Rent August 1, 2003 - May 31, 2004: $17.65 per square foot per annum pro rated over 10 months ($9,075.00 per month) June 1, 2004 - May 31, 2005: $ 19.00 per square foot per annum ($ 9,767.58 per month) June 1, 2005 - May 31, 2007: $20.00 per square foot per annum ($10,281.67 per month) Electric: Tenant will pay an additional $1.25 P.S.F. for its use of electricity. ($ 642.60 per month) Preparation of the In a mutually acceptable location, Landlord shall Premises: construct a conference room for Tenant's use. Landlord shall clean Premises prior to commencement date.
Sample 1
Building Rentable. AREA: Approximately 188,311 rentable square feet TENANT'S PRO RATA SHARE: 26.91% INITIAL TERM: The period of time beginning on the Term Commencement Date and ending on the last day of the one hundred twentieth (120th) full calendar month following the Rent Commencement Date. TERM COMMENCEMENT DATE: The Third Floor Premises Possession Date POSSESSION DATE: With respect to each of the Third Floor Premises and the Second Floor Premises, the first to occur of the following: (a) the date on which Landlord gives Tenant notice of Substantial Completion (as defined in Section 3.1) by Landlord of Landlord's Work described in Section 3.2 and Exhibit C hereof with respect to such premises and delivers possession of such premises with Landlord's Work Substantially Complete to Tenant, or (b) if Landlord reasonably determines that the date of Substantial Completion of Landlord's Work with respect to the such premises is delayed by reason of Tenant's Delays (as defined in Section 3.1 hereof), the date on which, in Landlord's reasonable judgment, Landlord's Work with respect to such premises would have been completed but for such Tenant's Delays. References in this Lease to Exhibit C shall be deemed to include Exhibits C-1 and C-2. The Possession Date for the Third Floor Premises shall be referred to herein as the "Third Floor Premises Possession Date" and the Possession Date for the Second Floor Premises shall be referred to herein as the "Second Floor Premises Possession Date." The Possession Date for the Duct Chase Space shall be the Second Floor Premises Possession Date. It is the parties' intent that the Third Floor Premises will be delivered to Tenant prior to the delivery of the Second Floor Premises to Tenant.
Sample 1
Building Rentable. Area: Agreed to be 192,000 rentable square feet. Land: The parcel of land upon which the Building is situated.
Sample 1

Examples of Building Rentable in a sentence

  • The Tenant’s Share stipulated in the Basic Lease Information has been calculated by dividing the Premises Rentable Area by the Building Rentable Area, then expressing such quotient as a percentage.

  • Unless subsequently altered by written notice to Tenant caused by a change in the Building Rentable Area, the Premises Rentable Area shall be as indicated on the Reference Data Pages.

  • Accordingly, after completion of construction of the Base Building Improvements, Landlord will notify Tenant of the Rentable Square Footage of the Premises, the Expansion Spaces and the Building, all of which shall be measured by Landlord's Architect in accordance with the ANSI/BOMA Z65.1-1996 Standard Method for Measuring Building Rentable Area, approved June 7, 1996 for a single tenant building.

  • Landlord reserves all rights under the Lease to remeasure or confirm the Premises Rentable Area, the Building Rentable Area and Tenant’s Share as set forth in Sections 1.1 and 3.3.1 of the Lease.

  • Design Development: Calculation of Gross Building Area, Building Common Area, Floor Common Areas, Floor Rentable Areas, and Building Rentable Area, R/U Ratio, and net area of each space.

  • He invited anyone with a complaint to forward it to himself or the City Clerk and noted that a list would be maintained and brought forward to Council if deemed necessary.

  • 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 price bid herein shall be representative of a fully occupied Building or Total Building Rentable Area.

  • As to any calendar year or partial calendar year in which the Building is occupied to the extent of ninety-five percent (95%) or more of the Building Rentable Area, the actual Operating Expenses and Electrical Expenses allocable to such calendar year or partial year shall be used in the calculation of Additional Rent hereunder.

  • Beginning on November 1, 2020, 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 such method (as shown in the Basic Lease Information).


More Definitions of Building Rentable

Building Rentable. Area: 32,000 square feet. Premises: The entire Building, substantially as shown on Exhibit A hereto, comprised of two areas, one for office use (the “Office Premises”) and one for light manufacturing, assembly and warehouse use (the “Warehouse Premises”).
Sample 1
Building Rentable. Area: 10,168 square feet. Project Rentable Area: 10,168 square feet.
Sample 1
Building Rentable. Area: 303,000 Rentable Square Feet (See Section 2.1(e)).
Sample 1
Building Rentable. Area: Approximately 48,072 square feet, as measured in accordance with the Measurement Method. Total Rentable Floor Area in Approximately 96,144 square feet, the Centre: as measured in accordance with the Measurement Method. Premises: The Premises Rentable Floor Area on the Third Floor of the Building, as shown on Exhibits A and A-1 annexed hereto. Property: The Building and the land parcel(s) on which the Building is located (including adjacent sidewalks).
Sample 1

Related to Building Rentable

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

  • Net Rentable Area means with respect to any Project, the floor area of any buildings, structures or improvements available for leasing to tenants (excluding storage lockers and parking spaces), as reasonably determined by the Administrative Agent, the manner of such determination to be consistent for all Projects unless otherwise approved by the Administrative Agent.

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

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

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

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Building Drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • Base Building shall include the structural portions of the Building, the public restrooms and the Building mechanical, electrical and plumbing systems and equipment located in the internal core of the Building on the floor or floors on which the Premises are located. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an alleged violation of Law. Tenant shall comply with the rules and regulations of the Building attached as Exhibit E and such other reasonable rules and regulations adopted by Landlord from time to time, including rules and regulations for the performance of Alterations (defined in Section 9).

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • 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.

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

  • Office Building (Premises), means a building or premises or part thereof whose sole or principal use is for an office or for office purposes or clerical work. "Office purposes" includes the purpose of administration, clerical work, handling money, telephone, telegraph and computer operation; and "clerical work" includes writing, book-keeping, sorting papers typing, filing, duplicating, punching cards or tapes, machines calculations, drawing of matter for publication and editorial preparation of matter for publication.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • School premises means either of the following:

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Usable Area means the usable area calculated in accordance with the BOMA Standard.

  • 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.

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

  • Base Building Work means the base building work for the Building as described in this Manual.

  • On-premises sign means a sign advertising activities conducted or maintained on the property on which it is located. The boundary of the property shall be as determined by tax rolls, deed registrations, and apparent land use delineations. If a sign consists principally of brand name or trade name advertising and the product or service advertised is only incidental to the principal activity conducted or maintained on the property, or if the sign brings rental income to the property owner or sign owner, it shall be considered the business of outdoor advertising and not an on-premises sign. On-premises sign does not include a sign on a narrow strip of land contiguous to the advertised activity, or a sign on an easement on adjacent property, when the purpose is clearly to circumvent the intent of this act.

  • Footage means collectively all video, video tape recordings, film, photographs, digital photographs, and all other digital assets that depict or record the Event and/or Undersigned’s presence at the Event.