Definition of Rentable Area of the Complex


Rentable Area of the Complex means the sum of all rentable areas of all office and retail tenant premises computed in the same manner as the Rentable Area of the Premises, except that in determining the rentable area of any retail space in the Building, the manner of determining the useable area of such space and the common area space factor may be different from those set forth herein.
Sample 1

Examples of Rentable Area of the Complex in a sentence

If at any time, however, the floor area of Building 549 is included in the Total Rentable Area of the Complex pursuant to Article 6(b), the real estate taxes attributable to the land comprised of Building 549's footprint and such Building 549 perimeter area shall be allocated in full to the tenant or tenants of Building 549.
In the event of any taking or condemnation described in this Section 16.02, the Rentable Area of the Premises stated in Section 1.01 I and the Rentable Area of the Complex as specified in this Lease, shall be reduced, respectively, for all purposes under this Lease by the number of square feet of Rentable Area of the Premises, if any, and the Complex, if any, so taken or condemned as determined and certified by an independent professional architect selected by Landlord.
On the event of any taking or condemnation described in this Section 16.02, the Rentable Area of the Premises stated in01I and the Rentable Area of the Complex as specified in this Lease, shall be reduced, respectively, for all purposes under this Lease by the number of square feet of Rentable Area of the Premises, if any, and the Complex, if any, so taken or condemned as determined and certified by an independent professional architect selected by Landlord.
For all purposes of this Lease, (i) the Rentable Area of the Building shall be deemed to be 223,132 square feet, and (ii) the Rentable Area of the Complex shall be deemed to be 667,663 square feet.
Execution Date: May 6, 1999 Floors 2-8: 20,793 square feet each Expansion Space A: 20,144 square feet Expansion Space B: 16,702 square feet Total Rentable Area of the Building: 197,069 square feet (the Total Rentable Area of the Building excludes the 10th floor of the Building) Initial Total Rentable Area of the Complex: 540,959 square feet Art.