Occupancy Density definition

Occupancy Density with respect to the Expansion Premises in the Phase II Temporary Premises Building shall be 4.5 people per one thousand rentable square feet.
Occupancy Density for the Premises, Suite 500, -------------------------------------------- shall be reduced to Sixty-four (64) individuals.
Occupancy Density. Suite 104: A total of four (4) persons. Suite 300: A total of six (6) persons.

Examples of Occupancy Density in a sentence

  • Tenant shall control Tenant's employees, agents, customers, visitors, invitees, licensees, contractors, assignees and subtenants (collectively, "Tenant's Parties") in such a manner that Tenant and Tenant's Parties cumulatively do not exceed the occupant density (the "Occupancy Density") or the parking density (the "Parking Density") specified in the Basic Lease Information at any time.

  • Basic Lease Information (other than definition of "Project Description", "Permitted Use", and "Occupancy Density"), Articles 2, 3, 6, Section 7.E, Section 8.B(7), Section 13.B, Articles 19, 25, 32, 33, Sections 38.J., ▇▇.▇, ▇▇.▇, ▇▇.▇, ▇▇.▇, 39.0, 39.E and Exhibit C.

  • The Occupancy Density shall not exceed 4 persons per 1,000 square feet.

  • The Occupancy Density for the Premises as expanded herein shall be 304 people (5 per 1,000 rentable square feet).

  • In addition, any HVAC usage or other utility usage attributable to Tenant’s Excess Occupancy Density shall be deemed to be in excess of the Building standard to be provided by Landlord under this Lease and shall instead be at Tenant’s sole cost, pursuant to the terms of Section 6.2 below.

  • Further, Landlord and Tenant acknowledge that Tenant's actual Occupancy Density may exceeds Tenant's Parking Density, however, Landlord shall not be obligated to Tenant to provide additional parking in the event the Occupancy Density causes the Parking Density to be exceeded.

  • Effective as of the Expansion Premises ----------------- Commencement Date, the Occupancy Density is hereby increased from 213 people to 250 people.

  • Notwithstanding the foregoing or anything to the contrary herein, the following provisions of the Lease and the Sublease shall not apply to this Sub-Sublease: (a) Original Lease, Basic Lease Information—Tenant, Tenant's Notice Address, Tenant's Billing Address, Tenant Contact, Premises, Occupancy Density, Scheduled Term Commencement Date, Scheduled Length of Term.

  • In addition, Landlord reserves the right to modify the Base Building Plans if required by governmental authorities to comply with applicable Laws ("Compliance Changes"); provided that, Tenant shall have the right to approve the manner in which Compliance Changes are effectuated, in Tenant's reasonable discretion, to the extent that the Compliance Changes (a) affect the Occupancy Density or (b) result in a Material Modification.

  • The Occupancy Density for the Premises as expanded herein shall be 266 people (5 per 1,000 rentable square feet).


More Definitions of Occupancy Density

Occupancy Density. 4 people per 1000 square feet of occupied space SCHEDULED TERM COMMENCEMENT DATE: August 1, 1993 LENGTH OF TERM: One Hundred Twenty (120) months RENT: Occupancy Month Level Base Rent ----- ----- --------- Base Rent: 1-2 15,000 sf Free of Base Rent 3-12 15,000 sf $.67/sf/mo NNN 13-24 30,000 sf $.67/sf/mo NNN 25-36 44,280 sf $.67/sf/mo NNN 37-60 44,280 sf $.72/sf/mo NNN 61-96 44,280 sf $.82/sf/mo NNN 97-120 44,280 sf $.90/sf/mo NNN Estimated First Year Basic Operating Cost: $.14/sf/mo of occupied space SECURITY DEPOSIT: $29,700.00 TENANTS PROPORTIONATE SHARE: Months 1-12 11.66% of Project Months 13-24 23.31% of Project Months 25-120 34.41% of Project (Unless occupancy is adjusted as described herein in Paragraph 1) The foregoing Basic Lease Information is incorporated into and made a part of this Lease. Each reference in this Lease to any of the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease paragraph pertaining to such information. In the event of any conflict between the Basic Lease Information and the Lease, the latter shall control. TABLE OF CONTENTS Page BASIC LEASE INFORMATION 1 Table of Contents 2 1. Premises 3 2. Possession and Lease Commencement 3 3. Term 3 4. Use 3 5. Rules and Regulations 3 6. Rent 3 7. Basic Operating Cost 4 8. Insurance and Indemnification 5 9. Waiver of Subrogation 5 10. Landlord's Repairs and Services 5 11. Tenant's Repairs 5 12. Alterations 5 13. Signs 6 14. Inspection/Posting Notices 6 15. Utilities 6 16. Subordination 6 17. Financial Statements 6 18. Estoppel Certificate 6 19. Security Deposit 7 20. Tenant's Remedies 7 21. Assignment and Subletting 7 22. Quiet Enjoyment 7 23. Condemnation 7 24. Casualty Damage 7 25. Holding Over 8 26. Default 8 27. Liens 9 28. Substitution 9 29. Transfers by Landlord 9 30. Right of Landlord to Perform Tenant's Covenants 9 31. Waiver 9 32. Notices 10 33. Attorneys' Fees 10 34. Successors and Assigns 10 35. Force Majeure 10 36. Miscellaneous 10 37. Additional Provisions 10 EXHIBIT "A" Site Plan, Legal Description EXHIBIT "B" Tenant Improvement Specifications EXHIBIT "C" Hazardous Waste Certificate EXHIBIT "D" First Right of Refusal EXHIBIT "E" Exceltech Report dated March 1, 1988
Occupancy Density. One person per 250 rentable square feet.
Occupancy Density with respect to the Expansion Premises in the Phase II Temporary Premises Building shall be 4.5 people per one thousand rentable square feet. 10. Provided Tenant is not, and has not been, in default of any terms and conditions of this Lease, during the initial Term of the Lease only, Tenant shall have a one-time right of first offer to lease space in the Phase II Temporary Premises Building at such time as such additional space is vacated by the prior tenant. Upon notification by Landlord in writing of the availability of space and the terms and conditions on which Landlord is willing to lease such additional space to Tenant, Tenant shall have five (5) days to notify Landlord in writing of Tenant's desire to exercise Tenant's right of first offer on the terms and conditions. In the event Tenant fails to give Landlord notice of Tenant's election to lease such additional space within such time period, or if Tenant elects not to lease such space, Tenant shall have no further right, title or interest in such additional space (except as expressly provided in this Lease) and this right of first offer shall terminate with respect to the portion of the available space so offered to Tenant. If, on the other hand, Tenant exercises its right of first offer in the manner prescribed, Tenant shall immediately deliver to Landlord payment for the first month's rent for such additional space (in the same manner as provided for in this Lease), and the lease for such additional space shall be consummated without delay in accordance with the terms and conditions set forth in Landlord's notice Such additional space shall be leased to Tenant on an "as is" basis and Landlord shall have no obligation to improve such additional space or grant Tenant any improvement allowance thereon. Notwithstanding anything to the contrary herein contained, Tenant's right to the expansion premises shall be conditioned upon the following: (i) at the time Tenant agrees to accept the expansion premises and at the time of the commencement of the term for the expansion premises, Tenant shall be in possession of and occupying the primary premises for the conduct of its business therein and the same shall not be occupied by any assignee, subtenant or licensee and, provided further, that the option for additional space shall be applicable hereunder only if the expansion premises will actually be occupied by Tenant and (ii) the agreement of acceptance shall constitute a representation by Tenant to Landlor...
Occupancy Density. One Hundred Twenty Seven (127) individuals Parking Density: Four (4) spaces per 1,000 rentable square feet of the Premises Parking and Parking Charge: Tenant shall lease at least seventy-five (75) and up to one hundred twenty two (122) non-exclusive spaces at the following monthly rates: $40.00 per space per month for months 1 – 12 $45.00 per space per month for months 13 – 24 $50.00 per space per month for months 25 – 36 $55.00 per space per month for months 37 – 48 $60.00 per space per month for months 49 – 60 $65.00 per space per month for months 61 - 72 Tenant may rent up to five (5) reserved spaces at the following monthly rates: $110.00 per space per month for months 1 – 12 $120.00 per space per month for months 13 - 24 $130.00 per space per month for months 25 – 36 $140.00 per space per month for months 37 – 48 $150.00 per space per month for months 49 – 60 $160.00 per space per month for months 61 - 72 Scheduled Term Commencement Date: May 1, 2001 Scheduled Length of Term: Seventy Two (72) months Scheduled Term Expiration Date: April 30, 2007 Base Rent: $59,408.80 for the period 5/1/01 – 4/30/02 $61,895.68 for the period 5/1/02 – 4/30/03 $64,382.56 for the period 5/1/03 – 4/30/04 $66,869.44 for the period 5/1/04 – 4/30/05 $69,632.64 for the period 5/1/05 – 4/30/06 $72,395.84 for the period 5/1/06 – 4/30/07 Base Year for Operating Expenses: 2001 Security Deposit: $79,635.42 Tenant’s NAICS Code: 541511 Of Building: 12.06% Of Project: 12.06% The foregoing Basic Lease Information is incorporated into and made a part of this Lease. Each reference in this Lease to any of the Basic Lease Information shall mean the respective information above and shall be construed to incorporate all of the terms provided under the particular Lease paragraph pertaining to such information. In the event of any conflict between the Basic Lease Information and the Lease, the latter shall control.
Occupancy Density means the number of full time employees of Tenant who are primarily located at the Premises but specifically not including invitees, visitors, contractors, consultants or employees temporarily visiting from other locations. Notwithstanding anything to the contrary contained herein, in the event the Occupancy Density in the Renewal Premises and Expansion Premises during the Term exceeds 5 people per 1,000 rentable square feet (currently 148 people) in the Renewal Premises and Expansion Premises (the "5 Threshold Figure") at any time, from and after the date the Occupancy Density first exceeds the 5 Threshold Figure, the Base Rent shall be increased by an amount equal to $.05 per rentable square foot of the Renewal Premises and Expansion Premises per month for the balance of the Term, regardless of whether the Occupancy Density is thereafter decreased below the 5 Threshold Figure. In the event the Occupancy Density in the Renewal Premises and Expansion Premises during the Term exceeds 6 people per 1,000 rentable square feet (currently 178 people) in the Renewal Premises and Expansion Premises (the "6 Threshold Figure") at any time, from and after the date the Occupancy Density first exceeds the 6 Threshold Figure, the Base Rent shall be increased by an amount equal to $.10 per rentable square foot of the Renewal Premises and Expansion Premises per month for the balance of the Term, regardless of whether the Occupancy Density is thereafter decreased below the 6 Threshold Figure. In the event the Occupancy Density in the Renewal Premises and Expansion Premises during the Term exceeds 7 people per 1,000 rentable square feet (currently 207 people) in the Renewal Premises and Expansion Premises (the "7 Threshold Figure") at any time, from and after the date the Occupancy Density first exceeds the 7 Threshold Figure, the Base Rent shall be increased by an amount equal to $.20 per rentable square foot of the Renewal Premises and Expansion Premises per month for the balance of the Term, regardless of whether the Occupancy Density is thereafter decreased below the 7 Threshold Figure.

Related to Occupancy Density

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Single Room Occupancy or “SRO” means housing consisting of single room dwelling units that is the primary residence of its occupant or occupants. An SRO does not include facilities for students.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.