Premises Rentable definition

Premises Rentable. Area: Agreed to be 2,930 square feet located on the eleventh floor of the Building. Permitted Uses: Executive or professional offices of the type generally found in first-class office buildings in the downtown Boston area, subject to the provisions of Section 5.1(a). Escalation Factor: 2.27%, as computed in accordance with the Escalation Factor Computation. Initial Term: Five (5) years, commencing on the Commencement Date and expiring at 11:59 p.m., Boston time, on the day immediately preceding the fifth anniversary of the Commencement Date, except that if the Commencement Date shall be other than the first day of a calendar month, the expiration of the Initial Term shall be on the last day of the calendar month on which such anniversary shall fall. Security Deposit: $31,497.50, subject to adjustment in accordance with Section 14.17. Rent Commencement Date: The Commencement Date Base Operating Expenses: The Operating Expenses for the year ending December 31, 2010.
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Premises Rentable. Area: Approximately 39,600 rentable square feet (including approximately 33,000 rsf of warehouse space and 6,600 rsf of office space)
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Premises Rentable. Area: Agreed to be 6,126 rentable square feet.
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Examples of Premises Rentable in a sentence

  • The agreed rentable area of the Premises is stipulated to be the Premises Rentable Area, which is set forth in the Basic Lease Information.

  • Tenant’s Pro Rata Share shall be calculated by dividing the Premises Rentable Area by the Property Rentable Area, which is leased or held for lease by tenants, as of the date on which the computation shall be made.

  • Tenant shall pay as annual rent for the Premises the product of the Premises Rentable Area times the annual rate per square foot of Premises Rentable Area shown in the Basic Lease Information (such product is herein called “Basic Annual Rent”).

  • Tenant shall not permit the occupancy of the Premises to exceed a ratio of more than one (1) person per 250 square feet of Premises Rentable Area.

  • If neither Landlord nor Tenant elects to exercise such termination right, then this Lease shall continue in full force and effect, provided that if the taking, condemnation or sale includes any portion of the Premises, the Basic Annual Rent and Additional Rent shall be redetermined on the basis of the remaining square feet of Premises Rentable Area.

  • The Tenant’s Share stipulated in the Basic Lease Information has been calculated by dividing the Premises Rentable Area by the Building Rentable Area, then expressing such quotient as a percentage.

  • Landlord shall provide Tenant with an allowance ("Landlord's Contribution") of One hundred dollars ($100.00) per square foot of Premises Rentable Area for the performance of the Leasehold Improvement Work.

  • Landlord and Tenant agree that the Premises Rentable Area identified in Section 1.1 is recited for Landlord’s administrative purposes only and that the actual measurement of the Premises may be more or less than the number identified, irrespective of measurement method used.

  • Landlord and Tenant agree that the Premises Rentable Area identified in Section 1.1 is recited for Landlord’s administrative purposes only and that, although the Annual Fixed Rent has been determined by reference to such square footage (regardless of the possibility that the actual measurement of the Premises may be more or less than the number identified, irrespective of measurement method used), Annual Fixed Rent and Tenant’s Percentage shall not be changed except as expressly provided in this Lease.

  • Premises Rentable Area data is included only for the purpose of determining Pro Rata Share and not Yearly Fixed Rent.


More Definitions of Premises Rentable

Premises Rentable. Area: Approximately 16,425 square feet. Premises: Usable Area: Approximately 14,408 square feet.
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Premises Rentable. Area: Agreed to be 3,547 rentable square feet.
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