Rentable Floor Area means the area within the Buildings pursuant to which rental calculations are made.
Rentable Floor Area means the size of a space in the Building as measured from the inner surface of the outer glass enclosing the space in question if the exterior wall consists of 50% or more glass or from the midpoint of tile exterior wall if such wall consists of less than 50% glass, to the midpoint of walls separating that space from other tenant areas or the common facilities of the Building. The term "Rentable Floor Area of Premises" shall mean the square footage amount measured as set forth in the immediately preceding sentence plus a pro rata allocation of the common facilities on the floor on which the Premises are located (based on the ratio of the Rentable Floor Area of the Premises, excluding common facilities, to the total Rentable Floor Area, excluding common facilities of the floor on which the Premises are located) and plus a pro rata allocation of the common facilities of the Building (based on the ratio of the Rentable Floor Area of the Premises, excluding common facilities, to the Rentable Floor Area, excluding common facilities, of the Building). Landlord and Tenant conclusively agree that the Rentable Floor Area of the Premises, as set forth in Section 1.1 of this Lease, is final and correct and is not subject to remeasurement or adjustment by either party. Tenant shall have, as appurtenant to the Premises, the right to use in common with others entitled thereto: (a) the common facilities included in the Building or on the Land, (b) the Building service fixtures and equipment serving the Premises, and (c) the parking facility, if any, designated by Landlord to be used by tenants of the Building, but not in excess of four (4) parking spaces per one thousand (1,000) square feet of Rentable Floor Area of tile Premises. Landlord reserves the right from time to time, without unreasonable interference with Tenants use, (a) to install, repair, replace, use, maintain and relocate for service to the Premises and to other parts of the Building or either, Building service fixtures and equipment wherever located in the Building and (b)to alter or relocate any other common facilities, it being understood that if any parking facilities are provided, the same may be relocated on or off the Land from time to time by Landlord, provided that in all events substitutions are substantially equivalent.
Rentable Floor Area shall be the gross floor area of the building, or of the leased Premises, as the case may be, excluding all areas designated by Landlord on the standard building floor plan for public access of the building operations, such as:
Examples of Rentable Floor Area in a sentence
In the event that the Rentable Floor Area of the Premises decreases at any time during the Lease Term, the Number of Parking Spaces provided to Tenant hereunder shall be reduced proportionately.
References in this Lease to floor area measurements and square footage shall mean Rentable Floor Area unless the reference explicitly provides otherwise.
Any other change in the Rentable Floor Area of the Premises on account of casualty, condemnation, or the like shall be determined in accordance with the measurement standard that was originally used to determine the stipulated Rentable Floor Area for the space in question.
Any change in the Rentable Floor Area of the Premises on account of expansion shall be conclusively deemed to be as specified in any applicable expansion provisions under Exhibit F (if any) or in any amendment hereafter executed by Landlord and Tenant in connection with such expansion (if any).
If Landlord exercises such option, then the substituted space shall for all purposes hereof be deemed to be and to constitute the Demised Premises under this Lease and all terms, conditions, covenants, warranties, agreements and provisions of this Lease including but not limited to the same Base Rental Rate per square foot of Rentable Floor Area shall continue in full force and effect and shall apply to the substituted space.
More Definitions of Rentable Floor Area
Rentable Floor Area shall be the gross floor area of the building, or of the leased Premises, as the case may be, excluding all areas designated by Landlord on the standard building floor plan for public access or the building operations, such as: (a) Building lobbies and entries (b) Stairways, duct shafts and elevator shafts (c) The standard building corridor areas (d) Toilet rooms (e) Utilities and maintenance rooms whether or not any such areas are actually included within any leased premises, including the Premises under this Lease. B. If Operating Expense with respect to the building of which the leased Premises are a part (including all adjoining parking and other areas apportioned to the building by Landlord) for any calendar year of the term shall exceed the Expense Base Amount, Tenant shall pay to Landlord Tenant's Portion (as defined in paragraph 8 A 3) of such excess. For the purpose hereof: (1) "Operating Expense" shall be all amounts paid by Landlord or which Landlord shall be obligated to pay in connection with the ownership, management and operation of such building areas, except (a) Real Estate Taxes as defined in Paragraph 8 A1, (b) cost of capital improvements, (c) building depreciation, (d) mortgage interest and principal payment and (e) real estate brokers' commissions paid with respect to leasing of premises. If the building of which the leased Premises are a part is not fully occupied for any calendar year, those Operating Expenses which vary depending upon the extent of building occupancy shall be allocated to the occupied portions and Tenant's Portion shall be adjusted accordingly. If an average of 95% or more of the Rentable Floor Area (as defined in Paragraph 8 A (4) of the building of which the leased Premises are a part is occupied during any calendar year, those Operating Expenses which are fixed and do not vary depending upon the extent of building occupancy shall be allocated to the occupied portions and Tenant's Portion shall be adjusted accordingly. (2) The "Expense Base Amount" shall be the amount obtained by multiplying the stated Expense Base Rate by the number of square feet of Rentable Floor Area in the building of which the Premises are a part.
Rentable Floor Area. One Thousand Nine Hundred Four (1,904) square feet, which square footage the parties acknowledge has been agreed upon for all purposes herein.
Rentable Floor Area means 5,830 rentable square feet of floor area which includes the interior useable area of the Premises, as herein defined, and a prorata portion of the Common Areas. The ratio of the total Common Areas relative to the Rentable Floor Area shall not vary after the effective date if Landlord changes the size of the Common Areas.
Rentable Floor Area means the rentable area(s) determined by the BOMA Standard. The Rentable Floor Area of the Building shall be certified in a written notice by Xxxxxxxx Xxxxxxxx (“Landlord’s Architect”) to Landlord and Tenant as set forth in Section 3(b), but is hereby estimated to be 164,818 rentable square feet. The current load factors are: 1.0470 for the 1st floor, 1.0439 for the 2nd floor, 1.0429 for the 3rd floor, and 1.0430 for the 4th floor; all load factors are subject to change pursuant to the BOMA Standard.
Rentable Floor Area means (i) the number of usable square feet of floor area within die Premises, plus (ii) Tenant's deemed pro rata share of the square footage within the common areas of the Building,
Rentable Floor Area of The Office Premises: 9,269 square feet. Rentable Floor Area of The Warehouse Premises: 27,367 square feet. Rentable Floor Area of The Initial Premises (being the Total of the Office Premises and the Warehouse Premises): 36,636 square feet. Rentable Floor Area of the Premises: The Rentable Floor Area of the Office Premises and the Rentable Floor Area of the Warehouse Premises and the rentable floor are of the space added to the Premises by the Tenant pursuant to its rights under this Lease. Total Rentable Floor Area of the Building: 78,045 square feet.