rentable definition

rentable square feet shall mean the square footage determined according to the definitions set forth on Exhibit "D" attached hereto.

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rentable means the area of the applicable space determined in accordance with the Standard Method for Measuring Floor Area in Office Buildings, ANSI 765.1-1996, as promulgated by the Building Owners and Managers Association (BOMA) International.

rentable. (as opposed to "useable") square feet, unless specifically indicated otherwise. No such square footages shall be subject to retroactive adjustments under any circumstances. Tenant hereby accepts the Premises in its current "as is" condition.

Examples of rentable in a sentence

If Tenant proposes to sublease less than all of the Rentable Area of the Premises, the space proposed to be sublet and the space retained by Tenant must each be a marketable unit as reasonably determined by Landlord and otherwise in compliance with all Laws.
Effective as of the date of recapture of any portion of the Premises pursuant to this section, the Monthly Base Rent, Rentable Area of the Premises and Tenant’s Share shall be adjusted accordingly.
Rentable Area and “Tenant’s Pro Rata Share” are both subject to adjustment as provided in this Lease.
If this Lease is not terminated, the Rentable Square Footage of the Building, the Rentable Square Footage of the Premises and Tenant's Pro Rata Share shall, if applicable, be appropriately adjusted.
If this Lease continues in force upon such partial taking, the Base Rent and Tenant's Proportionate Share shall be equitably adjusted according to the remaining Rentable Area of the Premises and Project.
Rentable Area and “Tenant’s Pro Rata Shares” are all subject to adjustment as provided in this Lease.
In the event a part of the Building or the Premises is taken or condemned by any competent authority (or a deed is delivered in lieu of condemnation) and this Lease is not terminated, the Lease shall be amended to reduce or increase, as the case may be, the Monthly Base Rent and Tenant’s Share to reflect the Rentable Area of the Premises or Building, as the case may be, remaining after any such taking or condemnation.
Effective as of the date of recapture of any portion of the Premises pursuant to this section, the Monthly Base Rent, Rentable Area of the Premises and Tenant's Share shall be adjusted accordingly.
Landlord and Tenant agree that for all purposes of this Lease the Rentable Area of the Premises, the Rentable Area of the Building, the Rentable Area of the Phase and the Rentable Area of the Project as set forth in Article One are controlling, and are not subject to revision after the date of this Lease, except as otherwise provided herein.
If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “Offering Amendment”) adding the Offering Space to the Premises on the terms set forth in the Advice and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms.

More Definitions of rentable

rentable shall be inserted before the words “square feet” in the first sentence of Section 6.2 of the Lease. • Until such time as buildings are constructed on the remaining two (2) building pads in the Center, Tenant’s Proportionate Share of CAM shall not be more than: until the first additional building is built, Thirty-three and a Third percent (33⅓%) of Common Area Costs and until the second such building is built, Fifty percent (50%) of Common Area Costs. • The last sentence of Section 8.1 of the Lease is deleted. • Section 8.2 of the Lease is deleted.

rentable square feet in the premises" shall mean 32,107 square feet.

rentable shall include completion of Lessee's obligations with respect to Environmental Compliance as more fully set forth in Paragraph 7 (E) below. Provided Lessor shall have delivered notice to Lessee at least thirty (30) days prior to the Termination Date of Lessor's intention to enforce the provisions of this Paragraph, then, in addition to being liable to Lessor as a holdover tenant, Lessee shall be responsible for all consequential damages to Lessor as a result of Lessee's failure to timely surrender the Premises in accordance with this Lease and this clause shall survive the termination of the Lease.

rentable square feet in the Building" shall mean 420,000 square feet.