Definition of Rentable Area of the Building


Rentable Area of the Building means all rentable space available for lease in the applicable Building, which the parties agree is, as of the Effective Date, 168,990 square feet for Tabor Center Mall and 571,772 square feet for Tabor Center Tower. If there is a change in the aggregate Rentable Area of the Premises, by mutual agreement, and/or square footage of either Building, as a result of an addition to such Building, partial destruction thereof, modification to building design, or similar circumstance which causes a reduction or increase thereto on a permanent basis, the affected area shall be measured in accordance with BOMA using a load factor of 1.10% for space in Tabor Center Mall and 1.1539% for space in Tabor Center Tower. Within thirty (30) days after the completion of the modification of the space due to any such changes, Landlord's space planner/architect shall measure the revised rentable and usable square feet of the space in accordance with the provisions of this Section 4.1(b) and the results thereof shall be presented to Tenant in writing. Tenant's space planner/architect may review Landlord's space planner/architect's determination of the number of rentable square feet and usable square feet of such Building and Tenant may, within thirty (30) days after Tenant's receipt of Landlord's space planner/architect's written determination, object to such determination by written notice to Landlord. Tenant's failure to deliver written notice of such objection within said 30-day period shall be deemed to constitute Tenant's acceptance of Landlord's space planner/architect's determination. If Tenant objects to
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Examples of Rentable Area of the Building in a sentence

If the Rentable Area of the Premises or the Rentable Area of the Building is changed, then Tenants Building Percentage Share shall be adjusted to a percentage equal to the Rentable Area of the Premises divided by the Rentable Area of the Building.
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.
Landlord reserves the right, throughout the term of the Lease, to recalculate the Total Rentable Area of the Building and/or the Complex.
In the event this Lease is not terminated, the Rentable Area of the Building, the Rentable Area of the Premises and Tenant's Pro Rata Share shall be appropriately adjusted.
For purposes of this Lease, the Rentable Area of the Building and the Rentable Area of the Premises are as provided in the foregoing Basic Lease Information.