Tenant’s Building Percentage definition

Tenant’s Building Percentage means Tenant’s percentage of the entire Building as determined by dividing the rentable area of the Premises by the total rentable area of the Building. If there is a change in the total Building rentable area as a result of an addition to the Building, partial destruction, modification or similar cause, which event causes a reduction or increase on a permanent basis, Landlord shall cause adjustments in the computations as shall be necessary to provide for any such changes. Landlord shall, at Landlord’s option, have the right to segregate Operating Expenses into two (2) separate categories, one (1) such category, to be applicable only to Operating Expenses incurred for the Building and the other category applicable to Operating Expenses incurred for the Common Areas and/or the Project as a whole. If Landlord so segregates Operating Expenses into two (2) categories, two (2) Tenant’s Building Percentages shall apply, one (1) such Tenant’s Building Percentage shall be calculated by dividing the rentable area of the Premises by the total Rentable area in the Building (“Tenant’s Building Only Percentage”), and the other Tenant’s Building Percentage to be calculated by dividing the rentable area of the Premises by the total rentable area of all buildings in the Project (“Tenant’s Common Area Building Percentage”). Consequently, if Landlord elects to so segregate Operating Expenses into two (2) categories, any reference in this Lease to “Tenant’s Building Percentage” shall mean and refer to both Tenant’s Building Only Percentage and Tenant’s Common Area Building Percentage of Operating Expenses.
Tenant’s Building Percentage means and refer to both Tenant’s Building Only Percentage and Tenant’s Common Area Building Percentage of Operating Expenses.
Tenant’s Building Percentage mean the percentages set forth in Section 1.12, respectively. Tenant’s Project Percentage and Tenant’s Building Percentage may collectively be referred to herein as “Tenant’s Percentage”.

Examples of Tenant’s Building Percentage in a sentence

  • Tenant’s Building Percentage is currently agreed to be the percentage set forth in section C.5. of the Information Sheet.

  • She said that she is “not going to blame Tromsø,” that “relationships just cost [her]”.

  • The statements of rentable square footage set forth in this Lease are for the convenience of the parties, and no adjustment shall be made to rental amounts, load factors or Tenant’s Building Percentage if such square footage is later shown to be inaccurate.

  • Tenant’s Project Percentage and Tenant’s Building Percentage may collectively be referred to herein as “Tenant’s Percentage”.

  • Tenant shall pay to Landlord Tenant’s Building Percentage Share of any deductible under any property insurance policy maintained by Landlord.


More Definitions of Tenant’s Building Percentage

Tenant’s Building Percentage means the percentage figure specified in Section 1.4, unless and until adjusted by Landlord pursuant to Section 19 below, computed by dividing the Rentable Area of the Premises by the total Rentable Area of the Building and expressing that quotient as a percentage.
Tenant’s Building Percentage means Tenant’s percentage of the entire Building as determined by dividing the rentable area of the Premises by the total rentable area of the Building using the BOMA Standards. If there is a change in the total Building rentable area as a result of an addition to the Building, partial destruction, modification or similar cause, which event causes a reduction or increase on a permanent basis, Landlord shall cause adjustments in the computations as shall be necessary to provide for any such changes.
Tenant’s Building Percentage means Tenant’s percentage of the entire Building as determined by dividing the Rentable Area of the Premises by the total Rentable Area of the Building. If there is a change in the total Building Rentable
Tenant’s Building Percentage means Tenant's percentage of the entire Building as determined by dividing the Rentable Area of the Leased Premises by the total Rentable Area of the Building, which is 95,410 square feet. For the purposes of this Section, Tenant's Building Percentage is fifty- three and thirty-three one-hundredths percent (53.33%), subject to recalculation when the precise number of square feet of rentable area in the Leased Premises is determined pursuant to Article I hereof. If there is a change in the total Building Rentable Area as a result of an addition to the Building, partial destruction, modification or similar cause, which event causes a reduction or increase on a permanent basis, Landlord shall cause adjustments in the computations as shall be necessary to provide for any such changes.
Tenant’s Building Percentage means Tenant's percentage of the entire Building as determined by dividing the Rentable Area of the Premises by the total Rentable Area of the Building, which is 137,524 square feet. For the purposes of this Section, Tenant's Building Percentage is 64.20% If there is a change in the total Building Rentable Area or the Premises as a result of Tenant's exercise of its Right of First Opportunity (as defined below), an addition to the Building, partial destruction, partial condemnation, modification or similar cause, which event causes a reduction or increase on a permanent basis, Landlord shall cause adjustments in the computations as shall be necessary to provide for any such changes.
Tenant’s Building Percentage means Tenant’s percentage of the entire Building as determined by dividing the Rentable Area of the Premises by the total Rentable Area of the Building, which is 50,330 square feet. For the purposes of this Section, Tenant’s Building Percentage is 50.61% with respect to the period after the Commencement Date and prior to the Expansion Space Commencement Date. Upon the Expansion Space Commencement Date, Tenant’s Building Percentage shall be increased to 73.86%. If there is a change in the total Building Rentable Area as a result of an addition to the Building, partial destruction, modification or similar cause, which event causes a reduction or increase on a permanent basis, Landlord shall cause adjustments in the computations as shall be necessary to provide for any such changes. Landlord shall, at Landlord’s option, have the right to segregate Operating Expenses into two (2) separate categories, one (1) such category, to be applicable only to Operating Expenses incurred for the Building and the other category applicable to Operating Expenses incurred for the Common Areas and/or the Project as a whole. If Landlord so segregates Operating
Tenant’s Building Percentage means Tenant's percentage of the entire Building as determined by dividing the Rentable Area of the Leased Premises by the total Rentable Area of the Building, which is 106,347 square feet. For the purposes of this Section, Tenant's Building Percentage is 18.31