Definition of TENANTS PERCENTAGE

  1. TENANTS PERCENTAGE means and is agreed and deemed to be 4.05%.
  2. TENANTS PERCENTAGE means the number of Square Feet within the Premises divided by the number of Square Feet within the Building. Landlord shall proportionally increase or decrease Tenant's Percentage if the number of Square Feet in the Building increases or decreases due to additional development, subdivision, demolition, condemnation, or similar reasons.
  3. TENANTS PERCENTAGE means 4.726%.

Examples of TENANTS PERCENTAGE in a sentence

  1. TENANTS PERCENTAGE: The result of dividing the Rentable Floor Area of the Premises by 95% of the Rentable Floor Area of the East Unit, such result being Twelve and 45/100 percent (12.45%).

Definition of TENANTS PERCENTAGE in Lease

TENANTS PERCENTAGE means the number of Square Feet within the Premises divided by the number of Square Feet within the Building. Landlord shall proportionally increase or decrease Tenant's Percentage if the number of Square Feet in the Building increases or decreases due to additional development, subdivision, demolition, condemnation, or similar reasons.


Definition of TENANTS PERCENTAGE in Lease Agreement

TENANTS PERCENTAGE means four and four-tenths percent (4.4%), which is the percentage derived by dividing the approximate square feet of the useable/ square feet in the Premises by the approximate useable square feet in the Building Complex, which totals Five Hundred Sixty-Nine Thousand Five Hundred Eighty-Nine (569,589) square feet. Tenant agrees that the square feet of floor area in the Premises and/or the Building Complex, the Base Rent, Tenant's Share of Operating Expenses and Tenant's Share of Real Estate Taxes may be recalculated in the event the premises and/or the Building Complex are remeasured by Landlord at any time during the Term and it is determined that the total number of square feet of floor area in the premises and/or the Building Complex differs from those set forth herein.


Definition of TENANTS PERCENTAGE in Commercial Lease

TENANTS PERCENTAGE means and is agreed and deemed to be 4.05%.