Rentable Floor Area of the Premises. 16,748 square feet.
Rentable Floor Area of the Premises as used in the Lease shall mean 220,609 square feet, being the sum of (i) the Rentable Floor Area of the Existing Premises containing 208,686 rentable square feet, (ii) the Rentable Floor Area of the Corridor Space, and (iii) the Rentable Floor Area of the Seventh Amendment Phase I Additional Premises containing 10,921 rentable square feet.
Rentable Floor Area of the Premises. 62,066 square feet, consisting of (a) 10,617 square feet on the sixteenth (16th) floor of the Building, (b) 9,066 square feet on the seventeenth (17th) floor of the Building, (c) 21,228 square feet on the eighteenth (18th) floor of the Building, and (d) 21,155 square feet on the nineteenth (19th) floor of the Building.
Examples of Rentable Floor Area of the Premises 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.
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).
In the event that the Rentable Floor Area of the Premises decreases at any time during the Lease Term, the number of parking privileges provided to Tenant hereunder shall be reduced proportionately.
Landlord and Tenant stipulate and agree that the Rentable Floor Area of the Premises originally leased to Tenant shall be conclusively deemed to be as specified in Section 1 and that the Rentable Floor Area of the Building is as specified in Section 1 as of the date hereof.
More Definitions of Rentable Floor Area of the Premises
Rentable Floor Area of the Premises is as follows for the following periods:
Rentable Floor Area of the Premises. Approximately 148,941 rentable square feet, which includes Tenant’s Proportionate Share of the areas in the Building available for the use of Building tenants from time to time, including the chemical storage areas and the roof and penthouse areas available for Building tenant use. 1.05 “Landlord’s Contribution”: $38,724,660.00 1.06 “Term Commencement Date”: See Section 3.01. 1.07 “Rent Commencement Date”: The date immediately following the expiration of ten (10) months following the Term Commencement Date, subject to Landlord Delay (as hereinafter defined) and to Force Majeure events. 1.08 “Term Expiration Date”: The last day of the 120th full calendar month following the Rent Commencement Date. 1.09 “Base Rent”: Period Annual Base Rent Monthly Base Rent Lease Year 1*: 18,617,625.00 1,551,468.75 Lease Year 2: 19,176,153.80 1,598,012.82 Lease Year 3: 19,751,438.40 1,645,953.20 Lease Year 4: 20,343,981.50 1,695,331.79
Rentable Floor Area of the Premises. 4,063 square feet, including a proportionate share of common areas of the Building outside of the Premises'.
Rentable Floor Area of the Premises shall comprise a total of 16,467 square feet including both the Rentable Floor Area of the Initial Premises (being 7,234 square feet) and the Rentable Floor Area of the First Additional Premises (being 9,233 square feet). For the portion of the Lease Term prior to the First Additional Premises Rent Commencement Date, the “Rentable Floor Area of the Premises” shall continue to be the Rentable Floor Area of the Initial Premises for such purposes. (B) For the purposes of computing Tenant’s payments for electricity (as determined pursuant to Sections 5.2 and 7.5 of the Lease), for the portion of the Term on and after the First Additional Premises Commencement Date, the “Rentable Floor Area of the Premises” shall comprise a total of 16,467 square feet including both the Rentable Floor Area of the Initial Premises (being 7,234 square feet) and the Rentable Floor Area of the First Additional Premises (being 9,233 square feet). For the portion of the Lease Term prior to the First Additional Premises Commencement Date, the “Rentable Floor Area of the Premises” shall continue to be the Rentable Floor Area of the Initial Premises for such purposes. 7. (A) For the purposes of computing Tenant’s payments of the Tax Excess pursuant to Article VI of the Lease on and after January 1, 2022, the definition of “Base Taxes” contained in Section 6.1 of the Lease shall be deleted in its entirety and replaced with the following: “Base Taxes” means Landlord’s Tax Expenses (hereinbefore defined) for fiscal tax year 2023 (that is the period beginning July 1, 2022 and ending June 30, 2023). For the portion of the Lease Term prior to January 1, 2022, such definition shall remain unchanged for such purposes. (B) For the purposes of computing Tenant’s payments of the Operating Cost
Rentable Floor Area of the Premises shall comprise a total of 16,467 square feet including both the Rentable Floor Area of the Initial Premises (being 7,234 square feet) and the Rentable Floor Area of the First Additional Premises (being 9,233 square feet). For the portion of the Lease Term prior to the First Additional Premises Commencement Date, the “Rentable Floor Area of the Premises” shall continue to be the Rentable Floor Area of the Initial Premises for such purposes. 7. (A) For the purposes of computing Tenant’s payments of the Tax Excess pursuant to Article VI of the Lease on and after January 1, 2022, the definition of “Base Taxes” contained in Section 6.1 of the Lease shall be deleted in its entirety and replaced with the following: “Base Taxes” means Landlord’s Tax Expenses (hereinbefore defined) for fiscal tax year 2023 (that is the period beginning July 1, 2022 and ending June 30, 2023). For the portion of the Lease Term prior to January 1, 2022, such definition shall remain unchanged for such purposes. (B) For the purposes of computing Tenant’s payments of the Operating Cost
Rentable Floor Area of the Premises as set forth in Section 1(b) of this Seventh Amendment, without regard to any base year. Effective as of the Seventh Amendment Phase I Additional Premises Rent Commencement Date, notwithstanding anything to the contrary contained in the Lease, the Operating Expenses Allocable to the Premises and Landlord’s Tax Expenses Allocable to the Premises shall be calculated in accordance with the terms of the Original Lease, using the “Rentable Floor Area of the Premises” as set forth in Section 2(b) of this Seventh Amendment, without regard to any base year. Effective as of the Seventh Amendment Phase II Additional Premises Rent Commencement Date, notwithstanding anything to the contrary contained in the Lease, Operating Expenses Allocable to the Premises and Landlord’s Tax Expenses Allocable to the Premises shall be calculated in accordance with the terms of the Original Lease using the “Rentable Floor Area of the Premises” as set forth in Section 2(c) of this Seventh Amendment, without regard to any base year.
Rentable Floor Area of the Premises as set forth in Section 2(b) of this Seventh Amendment, without regard to any base year. Effective as of the Seventh Amendment Phase II Additional Premises Rent Commencement Date, notwithstanding anything to the contrary contained in the Lease, Operating Expenses Allocable to the Premises and Landlord’s Tax Expenses Allocable to the Premises shall be calculated in accordance with the terms of the Original Lease using the “Rentable Floor Area of the Premises” as set forth in Section 2(c) of this Seventh Amendment, without regard to any base year.