Building Square Footage definition
Examples of Building Square Footage in a sentence
The Tenant’s pro rata share is its Rentable Square Footage divided by the Building Square Footage (“Tenant’s Pro Rata Share”).
The square footage so certified by such architect shall determine the Building Square Footage for all purposes under this Lease, including, without limitation, calculation of Annual Minimum Rent, Monthly Minimum Rent Installments and the amount of the Purchase Price.
The fraction, expressed as a percentage, determined by dividing (x) the Premises RSF by (y) the Total Building Square Footage.
Address: ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇, Building Square Footage: 78,473, Premises Square Footage: 14,709, Percentage Share: 18.75%, Parking Stalls: N/A, Lease Term: 5 years, From: 9-1-94 To: 8-31-99, Monthly Rent: See Exhibit E Use of Premises: Office and Manufacturing.
If the Building Square Footage is less than the Presumed Square Footage, then Base Rent may be adjusted as provided below.