Definition of Rentable Area of the Subleased Premises


Rentable Area of the Subleased Premises means Eleven Thousand Seven Hundred and Fifty-Six (11,756) square feet.
Sample 1

Examples of Rentable Area of the Subleased Premises in a sentence

Subtenants Share is subject to adjustment pursuant to the formula set forth above if and to the extent the square footage of the Rentable Area of the Subleased Premises and/or the Master Premises is adjusted from time to time pursuant to the Master Lease.
The Subtenants Share means a fraction, the numerator of which is the number of square feet of Rentable Area of the Subleased Premises and the denominator of which is the number of square feet of Rentable Area of the Master Premises.
Subject to adjustment from time to time in accordance with Paragraph 1.5 of the Original Sublease, effective as of March 1, 2012, Subtenant's Share shall be adjusted to 9.81% (calculated by dividing the 31,184 square feet of Rentable Area of the Subleased Premises by the 317,826 square feet of the Rentable Area of the Master Premises).
Subject to adjustment from time to time in accordance with Paragraph 1.5 of the Original Sublease, effective as of February 1, 2012, Subtenant's Share shall be adjusted to 1.378741% (calculated by dividing the 4,382 square feet of Rentable Area of the Subleased Premises by the 317,826 square feet of the Rentable Area of the Master Premises).
Without limitation, on such date the Net Rentable Area of the Subleased Premises will be increased by the Net Rentable Area contained in the Option Space, and Subtenants Pro Rata Share, for all purposes under this Agreement including the calculation of Base Rent, will be adjusted to reflect such increase.