Definition of Tenant Proportionate Share

  1. Tenant Proportionate Share means a fraction, the numerator of which is the rentable area of the Demised Premises from time to time (i.e., including the rentable area of any expansion space leased by Tenant from time to time hereunder), and the denominator of which is the rentable area of the Building (subject, in any event, to the terms set forth in Section 4.3(c) below).

Examples of Tenant Proportionate Share in a sentence

  1. After the close of each Operating Year during the Term, Landlord shall furnish Tenant a written statement of the Estimated Operating Costs for such Operating Year, and a corresponding calculation of additional rent, which shall be one-twelfth (1/12) of Tenant Proportionate Share of such estimated amount.

Definition of Tenant Proportionate Share in Lease Agreement

Tenant Proportionate Share means a fraction, the numerator of which is the rentable area of the Demised Premises from time to time (i.e., including the rentable area of any expansion space leased by Tenant from time to time hereunder), and the denominator of which is the rentable area of the Building (subject, in any event, to the terms set forth in Section 4.3(c) below).