Rentable Square Foot definition

Rentable Square Foot means rentable square footage of the Improvements, as determined in accordance with the Standard Method for Measuring Floor Area in Office Buildings ANSI Z65.1-1996), as promulgated by the Building Owners and Managers Association (BOMA) International or any successor entity.
Rentable Square Foot. Rentable Square Feet" and "Rentable Square Footage" shall refer to the rentable square footage of any space leased by Tenant hereunder as calculated by Landlord.
Rentable Square Foot refers to each square foot of the Floor Area of the Premises adjusted to include a prorata portion of the Common Area (halls, entryways, lobbies, rest rooms, etc.). The Premises contain about 6154 Xxxxxxxx Xxxxxx Xxxt; (25) "Rent" means the total of the Base Monthly Rent plus all Additional Rent required to be paid under the provisions of this Lease; (26) "Normal Working Hours" means 7:00 am through 7:00 pm, Monday through Friday, excluding bank holidays (days on which consumer branches of the Bank of America (or any successor to the Bank of America) are not open).

Examples of Rentable Square Foot in a sentence

  • Rent shall be based upon a proposed rental rate per Rentable Square Foot (RSF), limited by the offered rate and the maximum ABOA SF solicited under this RLP.

  • The Rent for the remainder of the Lease Term shall be prorated in the same proportion that part of the Premises usable by Tenant for the normal operation of its business bears to the total Premises immediately prior to the appropriation, taking into consideration the Lease rental rate per Rentable Square Foot for the space for which the proration is made.

  • These provisions define replacement, and specify the terms of affordability.

  • The Basic Annual Rent abated during this period is referred to herein as the “Abated Rent.” Notwithstanding the provisions of this Section 3.2 or Article IV to the contrary, with respect to the first (1st), second (2nd), fourth (4th) and sixth (6th) floors of the Building, Tenant shall pay to Landlord during the Rent Abatement Period an amount equal to six and 75/100 dollars ($6.75) per Rentable Square Foot of the Leased Premises per annum as a reimbursement for Common Area Expenses.

  • The Covid contingency funding will also be very positive.AW queried the resources in place if only a partial year group had to isolate.


More Definitions of Rentable Square Foot

Rentable Square Foot the term "Rentable Square Feet" or the term "RSF" shall mean the area of any such space within the Premises as so computed):
Rentable Square Foot refers to the Rentable Area of the Premises.
Rentable Square Foot or “Rentable Square Feet” is being defined and employed herein only for purposes of making certain Rent calculations in the express manner set forth herein. Landlord and Tenant further agree that neither party shall have any right to dispute the Rentable Square Feet of the Premises, and the parties waive any claim in connection with the measurement of the Premises, regardless of whether the Premises is found to contain more or less Rentable Square Feet. Landlord and Tenant agree that as of the date of this Lease, the Building is conclusively deemed to contain 566,712 RSF for the purpose of calculating Tenant’s Proportionate Operating Share (the “Operating Share Denominator”) and 577,923 RSF for the purpose of calculating Tenant’s Proportionate Tax Share (the “Tax Share Denominator”). If, during the Term, Landlord shall construct an addition to the Building resulting in an increase in the rentable area thereof, then upon completion of such construction, Landlord shall notify Tenant of (i) the revised Operating Share Denominator and the adjusted Tenant’s Proportionate Operating Share and/or (ii) the revised Tax Share Denominator and the adjusted Tenant’s Proportionate Tax Share, as applicable (it being agreed that such adjustment(s), if any, shall take effect on the first day of the first month following the month in which such construction of additional rentable area is complete).
Rentable Square Foot shall have the meaning ascribed to it in the American National Standard Method for Measuring Floor Area in Office Buildings, ANSI Z65.1 - 1980 (reaffirmed 1989), approved June 21, 1989.
Rentable Square Foot and "Rentable Square Footage" of the Building shall be calculated as "Rentable Area" is calculated pursuant to the Standard Method For Measuring Floor Area in Office Buildings (ANSI/BOMA Z65.1-1996) ("BOMA Standard"); and (2) the terms "Usable Square Feet," "Usable Square Foot," and "Usable Square Footage" of the Building shall be calculated as "Usable Area" is calculated pursuant to the BOMA Standard.
Rentable Square Foot or “Rentable Square Feet” or “Rentable Square Footage” or “Rentable Area” means, as to both the Premises and the other Project space, the respective measurements of floor area as may from time to time be subject to lease by Tenant and all other tenants of the Project, respectively, together with an equitable portion of the Common Area serving the Premises and other Project premises, respectively, as determined by Landlord from time to time in accordance with the Architect’s statement of measurement in accordance with the Measurement Methodology. Any adjustments to the Rentable Square Footage of the Premises or the other Project premises will be made by Landlord following the Architect’s statement of measurement of the actual Rentable Square Footage. The Rentable Square Footage of the Restaurant Space will include measured space from the outside of each exterior wall which is also a wall of such premises to the drip line of the building in which such premises are located and an equitable portion of the Common Area serving such spaces, as determined by Landlord from time to time in accordance with the Measurement Methodology.
Rentable Square Foot and “Rentable Square Feet” means the rentable square footage of the Premises or the Building, as the case may be, determined by Txxxxx’s architect in general accordance with a modified American National Standard Method of Measuring Area in Office Buildings of the Buildings Owners Association International’s Standard Method of Measuring Floor Area in Office Buildings (ANSI/BOMA Z65.1-2010) and adjusted based on a load factor of thirty-three and one-half of one percent (33.5%), which measurement shall not be changed except in connection with a change in the physical size of the Premises or Building in accordance with this Lease.