Rentable Space Percentage means (1) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to ninety percent (90%) and (2) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to ninety percent (90%);
Rentable Space Percentage means (x) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to fifty percent (50%) and (y) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to fifty percent (50%);
Rentable Space Percentage shall have the meaning set forth in Section 6.2.4(a) (B)(iii).
More Definitions of Rentable Space Percentage
Rentable Space Percentage means (1) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to seventy-five percent (75%) and (2) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to seventy-five percent (75%) which Rentable Space Percentage shall, in each case, include each of the Required Leases. The "Required Leases" shall mean, collectively, the Master Lease and the Leases with Xxxxx Fargo Bank, Xxxxx Fargo Corporate Services, and Holme Xxxxxxx & Xxxx LLP, or any replacement Lease executed and delivered in accordance with the terms and provisions of Section 5.10 hereof with respect to the space demised to any of the foregoing tenants, provided such replacement Lease is a Material Lease;
Rentable Space Percentage shall have the meaning set forth in ------------------------- Section 7.1.3(b)(i)(C). ----------------------
Rentable Space Percentage means (1) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to seventy-five percent (75%) and (2) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to seventy-five percent (75%) which Rentable Space Percentage shall, in each case, include each of the Required Leases. For purposes of the foregoing, the "REQUIRED LEASES" shall mean, collectively, the Leases with Pacific Enterprises, Xxxxxx & Xxxxxxx LLP, Xxxxxxx & Xxxxxx LLP, US Bancorp, White & Case LLP and Xxxxx Fargo Bank, National Association or any replacement Lease executed and delivered in accordance with the terms and provisions of paragraph 8 hereof with respect to the space demised to any of the foregoing tenants, provided such replacement Lease demises not less than 50,000 square feet;
Rentable Space Percentage means (1) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to seventy-five percent (75%) and (2) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to seventy-five percent (75%) which Rentable Space Percentage shall, in each case, include each of the Required Leases. For purposes of the foregoing, the "REQUIRED LEASES" shall mean, collectively, the Leases with Xxxxx Fargo Bank, National Association, Xxxxxx, Xxxx & Xxxxxxxx LLP and Oaktree Capital or any replacement Lease executed and delivered in accordance with the terms and provisions of paragraph 8 hereof with respect to the space demised to any of the foregoing tenants, provided such replacement Lease demises not less than 50,000 square feet;
Rentable Space Percentage means (1) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to seventy-five percent (75%) and (2) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to seventy-five percent (75%) which Rentable Space Percentage shall, in each case, include each of the Required Leases. The "REQUIRED LEASES" shall mean, collectively, the Leases with Disney, Bank of America and Time Warner or any replacement Lease executed and delivered in accordance with the terms and provisions of Section 5.10 hereof with respect to the space demised to any of the foregoing tenants, provided such replacement Lease is a Material Lease;
Rentable Space Percentage means (1) in the event the Net Proceeds are Insurance Proceeds, a percentage amount equal to seventy-five percent (75%) and (2) in the event the Net Proceeds are Condemnation Proceeds, a percentage amount equal to seventy-five percent (75%) which Rentable Space Percentage shall, in each case, include each of the Required Leases. For purposes of the foregoing, the "REQUIRED LEASES" shall mean, collectively, the Leases with Pacific Enterprises, Latham & Watkins LLP, Holland & Knight LLP, US Bancorp, Xxxxx & Cxxx XXX and Wxxxx Xxrgo Xxxx, National Association or any replacemenx Xxxse executed and delivered in accordance with the terms and provisions of paragraph 8 hereof with respect to the space demised to any of the foregoing tenants, provided such replacement Lease demises not less than 50,000 square feet;