Lettable Area definition

Lettable Area means a part of the Building designed or intended for letting or exclusive occupation (except in connection with the management of the Building), the boundaries of any Lettable Area being determined in the same manner as the boundaries of the Property under schedule 1;

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Lettable Area means the area calculated in accordance with the appropriate method of measurement published as at the Commencement Date by the Property Council of Australia for that type of premises.

Lettable Area means the area determined by the Landlord’s surveyor according to the method of measurement adopted for the time being by the Property Council of Australia, or any equivalent method of measurement the Landlord may nominate. Maintenance Obligations Matrix means the maintenance obligations matrix attached at Schedule 4.

Examples of Lettable Area in a sentence

If any Rates and Taxes are not separately assessed in connection with the Premises, the Tenant must pay to the Council within 30 days of demand the proportion of the Rates and Taxes that the area of the Premises bears to the total Lettable Area assessed.
Industrial A single storey warehouse with annexed double storey office building (Block A), a single storey warehouse (Block B) and a single storey warehouse with annexed double storey office building (Block C); with a total Net Lettable Area measuring approximately 128,085 sq.ft.
The expenditure incurred in paying and discharging all charges, assessments and outgoings for water, electricity, fuel, telephone and public or statutory utilities payable in respect of the Common Parts, and discharging any obligations arising under the Title Deeds which are not otherwise the responsibility of a tenant of any Lettable Area.
If any Rates and Taxes are not separately assessed in connection with the Premises, the Tenant must pay to the Council within 14 days of demand the proportion of the Rates and Taxes that the area of the Premises bears to the total Lettable Area assessed.
A double storey office and factory building with a total Net Lettable Area measuring approximately 35,236 sq.ft.

More Definitions of Lettable Area

Lettable Area means the lettable area of the Premises measured in accordance with the method of measurement adopted by the Property Council of Australia for buildings which are similar to the Premises.

Lettable Area means the area determined by the Landlord’s surveyor according to the method of measurement adopted for the time being by the Property Council of Australia, or any equivalent method of measurement the Landlord may nominate. Normal Business Hours means the hours stated in Item 14. Outgoings has the meaning given to that term in clause 7.2.

Lettable Area the accommodation on the Science Park available for letting.

Lettable Area has the meaning given under the Lease. LIQUIDATION includes liquidation, official management, receivership, compromise, arrangement, amalgamation, administration, reconstruction, winding up, dissolution, assignment for the benefit of creditors, arrangement or compromise with creditors, bankruptcy or death.

Lettable Area means all parts of the Building not comprising Common Parts which from time to time are either occupied by the Landlord for the purposes of its business or by a tenant or tenants for office purposes or are so constructed or adapted as to be capable of being so occupied

Lettable Area means the area of the Demised Premises available as accommodation for the Specified Use calculated in accordance with the normal practice for assessing lettable areas of premises used for the Specified Use

Lettable Area means the total lettable area of the Premises (excluding the mezzanine area in the warehouse area of the Premises) (and where applicable, the Complex or any part of the Complex) calculated by the Landlord's surveyor (and apportioned where necessary between industrial and commercial/office uses in the Premises) using the principles for measurement contained in the PCA Method of Measurement for Lettable Area (March 1997) for lettable areas of industrial and if applicable commercial/office areas and treating the link between the warehouse and office areas of the Premises as warehouse/industrial area.