Rentable Area of the Premises means 29,227 square feet, which Landlord and Tenant have stipulated as the Rentable Area of the Premises. Tenant acknowledges that the Rentable Area of the Premises includes the usable area, without deduction for columns or projections, multiplied by a load factor to reflect a share of certain areas, which may include lobbies, corridors, mechanical, utility, janitorial, boiler and service rooms and closets, restrooms and other public, common and service areas of the Building.
Examples of Rentable Area of the Premises 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.
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.
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.
More Definitions of Rentable Area of the Premises
Rentable Area of the Premises shall also include any mezzanine space as measured from the outside of the exterior Building walls to like outside exterior Building walls and from outside exterior Building walls to the termination of the mezzanine deck, and all equipment closets. Tenant acknowledges that, except as otherwise expressly set forth in this Lease, neither Landlord nor any agent, property manager or broker of Landlord has made any representation or warranty with respect to the Premises, the Building, the Common Areas or the Project or their suitability for the conduct of Tenants business.
Rentable Area of the Premises. The amount of square footage set forth in Section 1.01(9), which represents the sum of (i) the "Usable Area" within the Premises (i.e., the gross area enclosed by the surface of the exterior glass walls, the mid-point of any walls separating portions of the Premises from those of adjacent tenants, the slab penetration line of all walls separating the Premises from Service Areas and the corridor side of walls separating the Premises from Common Areas) plus (ii) a pro rata part of the Common Areas within the Building, such proration to be based upon the ratio of the Usable Area within the Premises to the total Usable Area within the Building existing as of the date of this Lease, including the area encompassed by any columns or other structural elements which provide support to the Premises and/or the Building. Rentable Area shall not include any Service Areas. The estimates of Rentable Area within the Premises and in the Building may be revised at Landlord's election if Landlord's architect determines such estimate to be inaccurate in any material degree after examination of the final "as built" drawings of the Premises and the Building, and the Base Rent shall be adjusted accordingly, based upon the rate per square foot of Rentable Area specified in Section 1.01(8) hereof.
Rentable Area of the Premises. The amount of square footage set forth in 1.01(10).
Rentable Area of the Premises means the area contained within the demising walls of the Premises and any other area designated for the exclusive use of Tenant, without deduction for any columns or projections necessary to the Building, plus a proportionate share of any Common Areas located on the floor(s) on which the Premises is located and a proportionate share of the Building's public areas, management office, engineer's office and "Mechanical Spaces" i.e. spaces housing service areas, equipment and/or access corridors for HVAC and communications facilities, plumbing, fire protection and elevators. With respect to the period beginning on the Commencement Date and ending on December 31, 1993, the Rentable Area of the Premises is deemed for all purposes under this Lease to be 11,825. With respect to the period beginning on January 1, 1994 and ending on the Termination Date, the Rentable Area of the Premises is deemed for all purposes under this Lease to be 7,041. The "Rentable Area of the Building" is deemed for all purposes under this Lease to be 346,575 square feet. The square footage amounts set forth for the Rentable Area of the Premises and the Rentable Area of the Building constitute a material part of the economic basis of this Lease and the execution thereof by Landlord and shall not be adjusted without the written consent of Landlord.
Rentable Area of the Premises means 5,449 square feet and the "Rentable Area of the Building" shall mean 208,244 square feet. Notwithstanding the foregoing, unless specifically provided herein to the contrary, the Premises shall not include any telephone closets, electrical closets, janitorial closets, equipment rooms or similar areas on any full or partial floor that are used by Landlord for the operation of the Building.
Rentable Area of the Premises means the sum of (i) the total number of square feet contained in the areas on the 4th floor of “building 1” (“Fourth Floor Space”) as shown on Exhibit “A”, computed in accordance with “Office Buildings: Standard Methods of Measurement (ANSI/BOMA Z65.1-2010)” by measuring from the prominent inside face of the exterior Building wall to the inside face of the opposite atrium facing wall to the inside face of all vertical penetrations excluding all existing and new electrical closets and mechanical except those along the perimeter of the Premises that separates the Premises from the perimeter corridors, plus (ii) an appropriate adjustment of a 20% loss factor for the share of the Building that is used for public corridors including without limitation, the concourse areas, public toilets, air-conditioning rooms, fan rooms, janitor’s closets, electrical closets, telephone closets, storage closets, mechanical rooms, elevator shafts, loading areas, flues, stacks, pipe shafts and vertical ducts with their enclosing walls (“Loss Factor”) allocable to the Fourth Floor Space. In computing the Rentable Area of the Premises and the Rentable Area of the Building, no deduction will be made for columns and projections necessary for the structural integrity of the Building and the measurements provided to Landlord by Landlord’s will be conclusive and binding upon Landlord and Tenant. Subject to measurements by Landlord’s architect, the Rentable Area of the Premises is 26,193 square feet.
Rentable Area of the Premises shall be as defined in Section 1.1.