Net Rentable Square Feet definition
Net Rentable Square Feet and "net rentable square feet" shall be calculated in accordance with the method of measuring net rentable area as described in the Standard Method for Measuring Floor Area in Office Buildings, ANSI Z65.1-1996, as promulgated by the Building Owners and Managers Association (BOMA) International.
Net Rentable Square Feet and "NET RENTABLE SQUARE FEET" means the net rentable square feet of the Project (245, 650 s.f.), or applicable portion thereof, calculated in the same manner as in the appraisal of the Project obtained by Lender in connection with the closing of the Loan.
Net Rentable Square Feet means the "rentable area" as that term is defined and measured in conformity with the ANSI/BOMA American National Standard of Measurement (ANSIIBOMA Z65.1-1996).
Examples of Net Rentable Square Feet in a sentence
LESSOR hereby leases to LESSEE that portion of the 1400 BOSTON Office building located at 1412 ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ consisting of approximately 17.010 NET RENTABLE SQUARE FEET of space, being SUITE NUMBER 500______, (the leased premises) for use as general office space.
Area of Premises Initially Occupied ("Area A") as shown on Exhibit D: --------------------------------------------------------------------- NET RENTABLE AREA: APPROXIMATELY 5,528 NET RENTABLE SQUARE FEET.
Area of Premises Not Initially Occupied ("Area B") as shown on Exhibit D: ------------------------------------------------------------------------- NET RENTABLE AREA: APPROXIMATELY 3,912 NET RENTABLE SQUARE FEET.
More Definitions of Net Rentable Square Feet
Net Rentable Square Feet means the aggregate floor area of the rentable spaces within each Unit, computed in accordance with the Recommended Method of Floor Measurement for Office Buildings promulgated by the Real Estate Board of New York, Inc. as of January 1, 1987. Net Rentable Square Feet is the standard generally applied in references to floor area under this Agreement, except where reference is specifically made to “1968 Rentable Square Feet”, as such term is defined immediately below.
Net Rentable Square Feet. AND "RENTABLE AREA" AS USED HEREIN SHALL MEAN "RENTABLE AREA" AS DEFINED IN BOMA AMERICAN NATIONAL STANDARD Z65.1-1980 (REPRINTED MAY 1981).
Net Rentable Square Feet of the Leased Premises is estimated to be the area set forth in the Data Sheet. The actual "Net Rentable Square Feet" of the Leased Premises shall be determined by Landlord pursuant to the 1996 edition of the BOMA/ANSI Method for Measuring Floor Area in Office Buildings ("BOMA Standard").
Net Rentable Square Feet of the Leased Premises shall be determined by Landlord pursuant to the 1996 edition of the BOMA/ANSI Method for Measuring Floor Area in Office Buildings ("BOMA Standard").