Definition of Tenant's Building Share


Tenant's Building Share means the ratio of the Rentable Square Feet of the Premises within a Building to the Rentable Square Feet of the Building, and Tenants Pro Rata Share means the ratio of the Rentable Square Feet of the Premises to the Rentable Square Feet of the Project (in each case as the size of the Premises, Buildings, and Project may be changed from time to time).

Examples of Tenant's Building Share in a sentence

In the event the Project is developed in a manner which results in separate legal parcels comprising some or all of the Common Areas, then with respect to those Common Area parcels, Real Property Taxes shall be calculated using Tenant's Project Share (as opposed to Tenant's Building Share).
To the extent such Building Costs, Taxes and Project Costs are not affected by Tenant's occupancy of the Premises or by this Lease, Tenant's Building Share and Tenant's Project Share of those items shall be in the proportion that the number of days of the Term included in such partial Computation Year bears to 365.
If the insurance premiums are increased after the Commencement Date for any reason, including without limitation due to an increase in the value of the Building or its replacement cost, or due to Tenant's use of the Premises or any improvements installed by Tenant, Tenant shall pay for Tenant's Building Share of such increase within ten (10) days of notice of such increase.
In addition to paying the Base Rent specified in Article 3 of this Lease, Tenant shall pay "Tenant's Building Share" of the annual "Building Direct Expenses," and "Tenant's Project Share" of the annual "Project Direct Expenses" as those terms are defined in Section 4.2, below.
Notwithstanding anything to the contrary contained herein, Landlord's rent concession granted to Tenant for Months 2, 3 and 4 of the Term extends only to Base Monthly Rent, and Tenant shall pay all other Rent and additional payments when and as due as hereinafter provided for in the Lease, including Tenant's Building Share of Building Costs and Tenant's Project Share of Taxes and Project Costs relating to Months 2, 3 and 4.