Principal Premises definition

Principal Premises means each property leased pursuant to any Government Contract.
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Principal Premises. : means premises where the Club conducts its business
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Principal Premises means Unit 9, Coldharbour Pinnacles Estate, Lovet Road, Harlow, Essex CM19 5JL.
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Examples of Principal Premises in a sentence

  • And Whereas RADVision wishes to lease from RIT and RIT wishes to let to RADVision under an unrestricted unprotected sub-lease, an area of 215 square metres situate within the area of the Principal Premises, as described in the plan attached to this Agreement as ANNEX B (hereinafter - "the Premises").

  • In addition, Tenant shall have the right to exercise the Extension Options to not less than seventy-five percent (75%) of the Principal Premises ("Reduced Principal Premises"), provided that the remaining portion of the Principal Premises ("Released Principal Premises") must be contiguous to and accessible from the other space in the Building that is not part of the Principal Premises.

  • In such case, during the remainder of the Term, Premises shall be deemed to mean the Reduced Principal Premises.

  • Included in the 370 exclusive parking spaces are 10 visitor parking spaces adjacent to the Principal Premises..

  • The Seller has and does not engage in any repair, refurbishment or painting, staining, priming or varnishing with respect to any furniture, furnishings, appliances, electronics, accessories or other assets or manufactured any furniture, furnishings, appliances, electronics, accessories and other assets at the Principal Premises which could reasonably be likely to result in a material Environmental Liability.

  • If Tenant exercises its Extension Option to less than all the Principal Premises, the Basic Rent shall be determined in accordance with the procedure set forth on Exhibit C hereto except that the Basic Rent shall be 95% of the market rent for the Reduced Principal Premises as determined by said procedure.

  • The Principal Premises will contain as of the beginning of the Initial Term 154,489 777923v2 square feet of which 56,160 square feet will be office and retail space and 98,329 square feet will be manufacturing and warehouse space.

  • Tenant shall use good faith efforts to complete the work to the Premises (the "Initial Tenant Work") set forth as Exhibit B-1 hereto on or prior to March 31, 2007 so that inter alia the HVAC, mechanical, telecommunication, electrical and plumbing systems of the Principal Premises shall be independent of such systems serving the remaining portions of the Building.

  • Except as set forth on Schedule 3.7, there are no material Governmental Permits, licenses, certificates of inspection or other authorizations, necessary for or used to carry on the Business as now being conducted at any of the Specified Locations, Assumed Locations or Shared Locations or to use and occupy such Principal Premises as now being used, which are required by currently effective laws, rules or regulations.

  • The activities of the Seller at each of the Principal Premises consist and have consisted solely during the time period Seller has occupied such Principal Premises of operating the Business and/or the Non-ACF Businesses, but have not included any manufacturing of furniture through its “MacTavish Furniture Industries” division or otherwise.


More Definitions of Principal Premises

Principal Premises means each and all of the Manufacturing Facilities and each and all of the Design Facilities.
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Principal Premises means Borrower's Premises in Phoenix, Arizona and Toronto, Ontario, Canada.
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Principal Premises. See Section 2.1
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Principal Premises means the Specified Locations, the Assumed Locations and the Shared Locations.
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Principal Premises means the Owned Real Estate and all of the rights, titles, interests and estates of the Seller Entities (and of each of them) in and to the Leased Real Estate.
Sample 1

Related to Principal Premises

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • School premises means either of the following:

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • Banking Premises means the interior of that portion of any building occupied by a banking institution or similar safe depository.

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

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

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack or locker for the purpose of parking and securing bicycles, and:

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Principal building means the main building or structure on a single lot or parcel of land and includes any attached garage or attached porch.

  • Office Premises means any building, facility, or portion thereof, or other premises, whether owned or controlled by CP, which is used solely for clerical or administrative purposes and which does not contain heavy equipment or machinery, as designated by CP from time to time;

  • eligible premises means premises located entirely within an industrial business zone. For any eligible business, an industrial business zone credit will not be granted with respect to more than one eligible premises.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • Collocation Space means an area of space located in a Building to be used by CLEC to house telecommunications equipment. Additionally, roof or wall space used for wireless interconnection shall be included in the definition where applicable.

  • Common space means an area on which two or more information functions (e.g. symbol) may be displayed, but not simultaneously.

  • Owner-occupied means property that is the principal

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Open space means undeveloped land, a naturally landscaped area, or a formal or man-made landscaped area that provides a connective link or a buffer between other resources.

  • 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.