Escalation Factor Computation definition

Escalation Factor Computation. Premises Rentable Area divided by 95% of building rentable area (445,765 square feet). Guarantor: None Initial Public Liability Insurance: $1,000,000.00 per occurrence (combined single limit) for property damage, personal injury or death.

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Escalation Factor Computation. Premises Rentable Area divided by 93% of Building Rentable Area.

Escalation Factor Computation. Premises Rentable Area divided by the Building Rentable Area. FORCE MAJEURE: Collectively and individually, strike or other labor trouble, fire or other casualty, governmental preemption of priorities or other controls in connection with a national or other public emergency or shortages of, or inability to obtain, fuel, supplies or labor resulting therefrom, or any other cause, whether similar or dissimilar, beyond Landlord's reasonable control. INITIAL PUBLIC LIABILITY INSURANCE: $1,000,000 per person; $3,000,000 per occurrence (combined single limit) for property damage, bodily injury or death. LEASE YEAR OR LEASE YEAR: Each consecutive 12 calendar month period immediately following the Commencement Date, but if the Commencement Date shall fall on other than the first day of a calendar month, then such term shall mean each consecutive twelve calendar month period commencing with the first day of the first full calendar month of the Initial Term. The first lease year shall include any partial month between the Commencement Date and the first day of the first full calendar month immediately following the Commencement Date.

Examples of Escalation Factor Computation in a sentence

Escalation Factor: .442, as computed in accordance with the Escalation Factor Computation.
Escalation Factor Computation: Premises Rentable Area divided by 95% of Building Rentable Area.
Escalation Factor: 2.524%, as computed in accordance with the Escalation Factor Computation.
PROPERTY ESCALATION FACTOR: 10.49% as computed in accordance with the Property Escalation Factor Computation.
Escalation Factor: (For the period commencing on October 1, 2006 through and including September 30, 2010): 11.12%, as computed in accordance with the Escalation Factor Computation.
Escalation Factor: 10.14%, as computed in accordance with the Escalation Factor Computation.
Upon the Substitute Premises Commencement Date of April 1, 2024 the Escalation Factor shall increase to 20.20%, as computed in accordance with the Escalation Factor Computation, through the Expiration Date.
Premises Rentable Area divided by the Building Rentable Area, except that during the period from the Commencement Date through and including September 30, 2006, the Escalation Factor Computation will instead be calculated as 11,940 divided by the Building Rentable Area.
Escalation Factor: (For the period commencing on the Commencement Date through and including September 30, 2006): 4.19%, as computed in accordance with the Escalation Factor Computation.
Escalation Factor: 2.178%, as computed in accordance with the Escalation Factor Computation.

More Definitions of Escalation Factor Computation

Escalation Factor Computation. Premises Rentable Area divided by 95% of Building Rentable Area.

Escalation Factor Computation. Premises Rentable Area divided by the sum of the Building Rentable Area plus the Retail Rentable Area.

Escalation Factor Computation. Premises Rentable Area divided by the Building Rentable Area. FORCE MAJEURE: Collectively and individually, strike or other labor trouble, fire or other casualty, governmental preemption of priorities or other controls in connection with a national or other public emergency or shortages of, or inability to obtain, fuel, supplies or labor resulting therefrom, or any other cause, whether similar or dissimilar, beyond Landlord's reasonable control. INITIAL PUBLIC LIABILITY INSURANCE: $1,000,000 (per occurrence) primary liability and $5,000,000 (per occurrence) excess liability (combined single limit) for bodily injury, death and property damage, such policies to be written with companies approved by Landlord and having a Best's Insurance Rating of A- or better with a Financial Rating of X.