Tenant’s Pro Rata Share definition

Tenant’s Pro Rata Share are both subject to adjustment as provided in this Lease. Definition or Provision Means the Following (As of the Term Commencement Date} Approximate Rentable Area of Premises 11,173 square feet Approximate Rentable Area of Project 67,998 square feet Tenant’s Pro Rata Share of Project 16.43%

Tenant’s Pro Rata Share means FIFTEEN AND EIGHTY-SIX ONE HUNDREDTHS PERCENT (15.86%), which is the quotient (expressed as a percentage), derived by dividing the Rentable Area of the Premises by the Rentable Area of the Building.

Tenant’s Pro Rata Share. The percentage equal to the Rentable Square Footage of the Premises divided by the Rentable Square Footage of the Building.

Examples of Tenant’s Pro Rata Share in a sentence

• If Xxxxxx's Pro Rata Share of the Estimated Operating Expenses Increase paid to Landlord during the previous calendar year exceeds Tenant's Pro Rata Share of the Actual Operating Expenses Increase, then Landlord shall credit the difference to Tenant at the time Landlord furnishes the statement of the Actual Operating Expenses Increase .

• In addition to the Base Rent, Tenant shall pay in advance on the first day of each calendar month during the Term, installments equal to 1 / 12 th of Tenant's Pro Rata Share of the Estimated Operating Expense Increase .

• After the Base Year (as defined above), Landlord shall furnish to Tenant a statement certified by Landlord of the Actual Operating Expenses Increase for the immediately preceding calendar year, which statement shall specify the various types of Operating Expenses and set forth Landlord's calculations of Tenant's Pro Rata Share of the Actual Operating Expenses Increase .

• Otherwise, within fifteen ( 15 ) days after Landlord furnishes such statement to Tenant, Tenant shall make a lump sum payment to Landlord equal to Tenant's Pro Rata Share of the positive difference between the Actual Operating Expenses Increase and the Estimated Operating Expenses Increase theretofore paid by Tenant .

More Definitions of Tenant’s Pro Rata Share

Tenant’s Pro Rata Share means the percentage specified on the Basic Lease Term Sheet. In the event Tenant, at any time during the Lease Term, leases additional space in the Building, Tenant's Pro Rata Share shall be recomputed by dividing the total rentable square footage of space then being leased by Tenant (including any additional space) by the Building Rentable Area, and the resulting percentage figure shall become Tenant's Pro Rata Share.

Tenant’s Pro Rata Share means the percentage calculated by ----------------------- dividing the rentable area of the Premises (numerator) by the rentable area of the Building (denominator), and expressing the fraction as a percentage.

Tenant’s Pro Rata Share. 7.55%. Tenant’s Pro Rata Share shall be adjusted for changes in the Rentable Square Footage of the Premises and/or the Rentable Square Footage of the Building, including, without limitation, changes which may result from any condemnation or other taking of a portion of the Building.

Tenant’s Pro Rata Share means Four and 03/100 percent (4.03%), representing the ratio that the rentable area of the Premises (6,901 square feet) bears to the total rentable area of the Building (152,501 square feet).

Tenant’s Pro Rata Share means a fraction, the numerator of which is the Rentable Area of the Premises (i.e., 95,444 square feet) and the denominator of which is the Building Rentable Area (i.e., 204,387 square feet), and is equal to 46.70%. At such time, if ever, any space is added to or subtracted from the Premises pursuant to the terms of this Lease, Tenant's Pro Rata Share shall be increased or decreased accordingly.

Tenant’s Pro Rata Share means 49.3770%. This percentage is calculated by dividing the Premises square footage by the Rentable Area. In the event Tenant at any time during the Primary Lease Term, or any extensions thereof, leases additional space in the Building, Tenant’s Pro Rata Share shall be recomputed by dividing the total rentable square footage of the Premises then being leased by Tenant (including any additional space) by the Rentable Area and the resulting percentage shall become Tenant’s Pro Rata Share.

Tenant’s Pro Rata Share means a fraction, expressed as a percentage, the numerator of which is the number of square feet of floor space contained in Tenant’s Premises and the denominator of which is the number of square feet of floor space contained in all of the Buildings located on the Parcel (i.e., 66.76% [36,900/55,271], subject to adjustment upon the completion of any measurement of the Premises described in Addendum One, Section 1).