Tenant Proportionate Share definition

Tenant Proportionate Share as shown on Lease Reference Page shall be amended to reflect the expanded suite percentage of 42.73% effective August 15, 1999.

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Tenant Proportionate Share to mean forty percent (40%).

Tenant Proportionate Share. 1.926%, which is the Rentable Area of the Premises divided by 95% of the Rentable Area of the Building.

Examples of Tenant Proportionate Share in a sentence

Tenant shall pay Tenant’s Proportionate Share of the Operating Expenses to Owner within twenty-five (25) days after Owner provides Tenant with a statement of Tenant Proportionate Share of the Operating Expenses with the computations of such Operating Expenses.
If any utilities and/or other services provided to the Premises is not separately metered, Tenant shall pay the Tenant Proportionate Share thereof.
If Tenant is successful in such action or proceeding, Landlord shall reimburse to Tenant Proportionate Share of the reduction in Taxes and Assessments realized by Tenant in such contest or proceeding within thirty (30) days after the amount of such reduction has been paid to Landlord by the taxing authority.
Additionally, for the sake of clarity, Tenant’s Proportionate Share shall be increased 1.5640 percent to account for additional common areas for which tenant agreed to pay the Tenant Proportionate Share under Exhibit D (1) (c) of the Lease, making the total Tenant Proportionate Share 74.2860 percent, as confirmed in Exhibit B-2.
If Taxes are not separately assessed against the Premises, Tenant shall pay the Tenant Proportionate Share of said Taxes.
If the number of rentable square feet in either the Premises or the Building shall be changed, Tenant'' Proportionate Share shall be appropriately recalculated as of the date of the change.
Such 32,759 rentable square feet used to calculate Base Rent and Tenant' Proportionate Share during the Extended Term shall not be subject to adjustment except for a potential downward adjustment as described in Section 6, below.
If total rentable area of the Building should change during this Lease term, Landlord shall notify the Tenant in writing of the revised Tenant Proportionate Share.
Expenses allocable to the 2-Story Building exclusively will be allocated on the basis of the 2-Story Building Tenant Proportionate Share; expenses incurred on the basis of the Building will be allocated on the basis of the Tenant Proportionate Share for the Building.
Further Tenant Proportionate Share and Base Rent shall be recalculated and adjusted based on the new Rentable Area of the New Premises.

More Definitions of Tenant Proportionate Share

Tenant Proportionate Share. The Tenant’s Proportionate Share as used herein is hereby defined as 18.39% (8,777 GLA of Premises divided by 47,727 of Building). Tenant’s Pro Rata Share shall be modified in proportion to any increase or decrease in the GLA of the Building.

Tenant Proportionate Share means thirty five percent (35%).

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).