Lessee's Proportionate Share definition
Lessee's Proportionate Share means one hundred (100%) percent.
Lessee's Proportionate Share means that proportion of the Shared Expenses that the area of the Premises bears to the Total Rentable Area of the Building. Specifically, the parties acknowledge that the Premises occupied by Lessee are 86,970 square feet out of a Total Rentable Area of 130,783 rentable square feet; therefore, for any applicable period, the Lessee's Proportionate Share of Shared Expenses, to be paid by Lessee to Lessor, is 66.5%.
Lessee's Proportionate Share means a fraction having as numerator the Rentable Area and having as denominator the Building Rentable Area as stated in Exhibit 2.
Examples of Lessee's Proportionate Share in a sentence
The term "Lessee's Proportionate Share" shall mean one hundred (100%) percent.
Notwithstanding the foregoing, each party to this Lease shall, upon request of the other party, execute an amendment to this Lease setting forth the rentable area of the Offer Space, the date on which it becomes subject to this Lease, the Base Rent to be paid therefor, and Lessee's Proportionate Share as adjusted to reflect the addition of the Offer Space.
Lessee's Proportionate Share of Shared Expenses shall be prorated as necessary for any year during which this Lease is effective for less than the full twelve month calendar year.
Lessor periodically will ▇▇▇▇ Lessee for Lessee's Proportionate Share of all water bills received by Lessor for water metered to the Building and Lessee shall pay such amount not later than the date for the next Monthly Installment.
Effective upon the date on which Lessor delivers possession to Lessee of any space which is subjected to the terms of this Lease pursuant to this Paragraph 3, such space shall be deemed to be part of the Leased Premises, subject to all of the terms, provisions and conditions set forth in this Lease (except as otherwise provided above in this Paragraph 3), and Lessee's Proportionate Share shall be appropriately modified.
More Definitions of Lessee's Proportionate Share
Lessee's Proportionate Share means a fraction, the numerator of which is the total rentable square footage of the Premises, namely, 125,753 (provided, however, for the time period commencing March 1, 2013 and ending July 31, 2013, the numerator shall be 50,031, and for the time period commencing August 1, 2013 and ending January 31, 2014, the numerator shall be 87,892), and the denominator of which is the total rentable square footage of the Building (233,096 rentable square feet). Lessee is aware and acknowledges that Lessee’s Proportionate Share may change from time to time if the total rentable square footage of the Building adjusted due to modifications to the Building or re-measurement of the Building.
Lessee's Proportionate Share shall be the fraction or ratio of the floor area of the Lessee's Premises divided by the total floor area of the building.
Lessee's Proportionate Share shall be the fraction or ratio of the floor area of the Lessee's Premises divided by the total floor area of the Building. (18,509 square feet/173,085 square feet = 10.43%). Lessor represents and warrants to Lessee that Lessee's Proportionate Share of 10.43% is accurate. Notwithstanding the foregoing, the Lessee's Proportionate Share shall not include any of the Exclusions to Lessee's Proportionate Share described in Exhibit E attached hereto.
Lessee's Proportionate Share as used in this paragraph shall mean 13.26%.
Lessee's Proportionate Share shall be a fraction whose denominator is the square foot area of the Office Complex which is agreed to be 11,285 square feet and whose numerator shall be the square foot area of the Premises which is agreed to be 3,200 square feet. Lessee's Proportionate Share shall be 28.36
Lessee's Proportionate Share as used in this Lease, shall be a fraction, the numerator of which is the square footage of the Premises and the denominator of which is the square footage of the Park (as such may increase or decrease from time to time). Lessor shall have the right to make demand or ▇▇▇▇ for Taxes after receipt of the tax bills or upon the expiration or sooner termination of this Lease. If the Lease Term shall commence or expire during a Tax Year, Lessee shall be liable only for that portion of the Taxes for such Tax Year represented by a fraction, the numerator of which is the number of days of the Lease Term that fall within said Tax Year and the denominator of which is 365. Lessee shall be liable for all taxes assessed against and levied upon the trade fixtures, furnishings, equipment and all other personal property of Lessee contained in the Premises. If any such taxes are levied against Lessor or Lessor’s property and if Lessor elects to pay the same or if the assessed value of Lessor’s property is increased by inclusion of personal property and trade fixtures placed by Lessee in the Premises and Lessor elects to pay the taxes based on such increase, Lessee shall pay to Lessor, upon demand, that part of such taxes for which Lessee is primarily liable hereunder. Lessor shall be deemed to have waived its right to seek reimbursement from Lessee with respect to any tax ▇▇▇▇ actually received by Lessor in the event Lessor has not billed Lessee for Lessee’s Proportionate Share of such Taxes within two (2) years of Lessor’s receipt of such tax bills. Lessee shall pay to Lessor Lessee’s Proportionate Share of the costs of all insurance maintained by Lessor for the Building (as defined below) and the Park during the Lease Term. Lessee shall pay to Lessor such Proportionate Share in equal monthly payments, in advance, commencing on the first day of the Lease Term, based upon estimated annual costs (as estimated by Lessor) for such insurance, but subject to adjustment after the end of each calendar year on the basis of the actual premium cost (herein collectively referred to as the “Premiums”) for Lessor’s fire and casualty insurance and general liability insurance for the Park for the calendar year. Any overpayment will be credited against subsequent monthly obligation for Premiums or shall be refunded to Lessee, at Lessor’s option. Any shortage in payment by Lessee shall be paid by Lessee to Lessor within thirty (30) days after delivery of a statement reconciling the amount a...
Lessee's Proportionate Share. 0149, as of date of execution of this Lease.