Remaining Space definition

Remaining Space means that certain rentable area on the fifth (5th) floor of the “Phase II Building” (as defined in the Sublease) comprising 23,100 rentable square feet as to which Subtenant is not obligated to pay full Base Monthly Rental at the rates set forth on Exhibit “L” attached hereto until the actual fourth target Commencement Date under the Sublease, which date has been represented by Seller to Purchaser to be August 1, 2002.

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Remaining Space means the additional space located on the second floor of the Building being added to the Previous Space by this Amendment, shown on the attached Exhibit A, consisting of approximately 15,878 rentable square feet, minus any square footage added to the Previous Space, as set forth in Paragraph 1.3 of this Amendment.

Remaining Space has the meaning set forth in Section 31.1 hereof.

Examples of Remaining Space in a sentence

Landlord shall give written notice to Tenant of its intent to lease any of the Remaining Space (“Landlord’s Notice”).
The Right of First Offer shall be subject and subordinate to all initial leases of the Remaining Space, and shall be subordinate to any new lease to SBRI after expiration of the existing SBRI lease.
If Landlord proposes to Lease, grant a right of possession in, or to extend the term of any lease or other occupancy agreement affecting the Remaining Space (except for any extension or renewal rights provided for in the SBRI Lease, or any new lease with SBRI as on the termination of SBRI’s existing lease term), or any portion thereof, Landlord may do so only after offering to lease the Remaining Space (the “Offered Space”) to Tenant on the terms and conditions set forth in this Paragraph 5.
In addition to Tenant’s other remedies, if such delivery of possession is not made at such time, and for each day thereafter that Landlord delays delivery of the Remaining Space to Tenant, Landlord shall pay to Tenant One Thousand Dollars ($1,000), up to a maximum of Ten Thousand Dollars ($10,000), until possession of the Remaining Space is delivered to Tenant.
Landlord and Tenant hereby agree that the amounts set forth in this Paragraph are a reasonable estimate of the Damages which Tenant will sustain by reason of Landlord’s failure to deliver possession of the Remaining Space.
Landlord acknowledges and agrees that if Landlord fails to deliver possession of the Remaining Space to Tenant on or before the Delivery Date, Tenant will sustain damages and loss as a result of such failure (“Damages”).
Licensee shall adhere to the maintenance schedules recommended by the manufacturers for all mechanical systems and equipment.
If Subtenant elects not to lease the Remaining Space or fails to respond within the five (5) business day period, the Subtenant shall have no further right to lease the Remaining Space unless Sublandlord does not lease the Remaining Space to such prospective subtenant(s).
Commencing on the Reduction Effective Date, the Maximum Parking Spaces shall equal three hundred forty-four (344) parking spaces and the Must-Take Parking Spaces shall equal two hundred six (206) parking spaces, based on the Remaining Space containing approximately 68,882 rentable square feet.
The Tenant's right to the Remaining Space shall be personal to the original Tenant or any assignee or subtenant pursuant to subsection 11.1(f) and shall not extend to any assignee or subtenant so that the right to lease the Remaining Space terminates upon any assignment of this Lease or upon any subletting of all or any part of the Premises.

More Definitions of Remaining Space

Remaining Space. 3.5.1 “Remedial Work” - 5.8.2 “REMIC Provisions” - 1.1 (Definition of U.S. Obligations) “Rent Roll” - 4.16 “Required Records” - 6.3.6 “Restoration” - 7.4.1 “Rollover Reserve Subaccount” - 3.5 “S&P” - 1.1 (Definition of Rating Agency) “Secondary Market Transaction” - 9.

Remaining Space means (a) that portion of the Premises, agreed to contain 22,651 Rentable Square Feet, comprising the entire rentable area of the 30th floor of the Building, and (b) the 4,384 Rentable Square Feet contained in the P-2 Space.