Rentable Area of the Subleased Premises definition

Rentable Area of the Subleased Premises means the Rentable Area indicated in Section 1.2(a) hereof.
Sample 1
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

  • The “Subtenant’s 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.

  • Subtenant’s 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.

  • FIGURE 8: SEGMENT SIZE BITRATE AND CQI AS A FUNCTION OF TIME 3.1.6 A full-fledged MEC implementation and performance study of the EVS service ‌ This section still focuses on the EVS service, but it presents a different implementation that has been realized using a full-fledged MEC platform.

  • Subject to adjustment from time to time in accordance with Paragraph 1.5 of the Original Sublease, effective as of the Effective Date, Subtenant’s Share shall be adjusted to 4.36% (calculated by dividing the 13,845 square feet of Rentable Area of the Subleased Premises by the 317,826 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 the Effective Date, Subtenant’s Share shall be adjusted to 5.21% (calculated by dividing the 16,557 square feet of Rentable Area of the Subleased Premises by the 317,826 square feet of 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 Subtenant’s Pro Rata Share, for all purposes under this Agreement including the calculation of Base Rent, will be adjusted to reflect such increase.

  • The parties agree that the Rentable Area of the Subleased Premises, determined pursuant to this section, and the adjusted Base Rental and Subtenant's Share shall be set forth in the Commencement Letter, attached hereto as Exhibit C, to be executed by the parties within fifteen (15) days after the Rent Commencement Date of the Lease Term.

  • Subject to adjustment from time to time in accordance with Paragraph 1.5 of the Original Sublease, effective as of the Additional 17th Floor Premises Rent Commencement Date, Subtenant’s Share shall be adjusted to 6.91% (calculated by dividing the 21,973 square feet of Rentable Area of the Subleased Premises by the 317,826 square feet of Rentable Area of the Master Premises).

  • If it is determined that a conflict of interest exists, the College will take steps to address the conflict as appropriate and maintain an impartial process.

  • Tenant's rights under Sections 3.1, 3.2, 3.3, 3.4 and 3.5 are independent of each other and each shall apply notwithstanding any previous exercise of any other such right by Tenant; provided, however, Tenant shall not have the right to exercise its rights under both (a) Section 3.1 of this Sublease with respect to the Third Expansion Option only, and (b) Section 3.4 of this Sublease, so as to increase the Rentable Area of the Subleased Premises by more than two (2) full floors of the Building.

Related to Rentable Area of the Subleased Premises

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Net Rentable Area means with respect to any Project, the floor area of any buildings, structures or improvements available for leasing to tenants (excluding storage lockers and parking spaces), as reasonably determined by the Administrative Agent, the manner of such determination to be consistent for all Projects unless otherwise approved by the Administrative Agent.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • the Building means any building of which the Property forms part.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Collocation Space means an area of space located in a building to be used by CLEC to house telecommunications equipment that is necessary for interconnection or access to UNEs. Additionally, roof or wall space used for wireless interconnection shall be included in the definition where applicable.

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • School premises means either of the following:

  • Parking Space The County shall attempt to provide adequate free parking facilities for employees within a reasonable distance of their work locations.

  • Usable Area means the usable area calculated in accordance with the BOMA Standard.

  • Parking Area means the area designated as a permitted parking area and a special parking area by the Road Traffic (Permitted Parking Area and Special Parking Area) (Angus Council) Designation Order 2017; and “permitted parking area” and “special parking area” are to be read accordingly;”; and