GBFA definition

GBFA means the sum total of all floor areas contained within the exterior walls of office buildings and special purpose accessory structures, including but not limited to cafeteria, day care, fitness and conferencing facilities, constructed on the Property including stairways, elevator shafts, other shafts, mechanical rooms, vents, and internal support facilities, but excluding those portions of mechanical or utility structures and storage areas located on the roof to the extent such structures are not considered by the City as building floor area for purposes of determining parking requirements, traffic generation, building density or other similar development limitations under existing development regulations.
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GBFA means the sum total of all floor areas contained within the exterior walls of all Buildings including, without limitation, stairways, elevator shafts, other shafts, mechanical rooms, vents, and internal support facilities, but excluding those portions of mechanical or utility structures and storage areas located on the roof to the extent such structures are not considered by the City as building floor area for purposes of determining parking requirements, traffic generation, building density or other similar development limitations.
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Examples of GBFA in a sentence

  • Seller has advised Buyer that FFLP has received an assignment from RSP of allocation of sewage treatment capacity with the South Bayside System Authority sufficient to permit FFLP to construct up to 885,000 square feet of GBFA in the Park, which has been confirmed in that certain Second Amendment to Development Agreement dated August 31, 1998, by and between the City and FFLP (the "Second Amendment").

  • Furthermore, the City, pursuant to the Development Agreement, as amended by the Second Amendment, has agreed to sell to FFLP additional sanitary sewage treatment capacity up to 25,000 gallons per day ("gpd") at $2.50 per gpd, as needed to permit construction of the full 1,000,000 square feet of GBFA authorized for office space in the Park by the Development Agreement.

  • At Closing, Seller shall cause FFLP to assign to Buyer, by an Assignment in the form of Exhibit I hereto, sufficient sewage treatment capacity from its rights received from RSP to construct an aggregate 340,000 square feet of GBFA in Zones 2 and 4.