Tenant's Prorata Share definition

Tenant's Prorata Share shall have the meanings specified therefor in Article 25.

Tenant's Prorata Share as to the Building in which the Leased Premises are located shall mean an amount (expressed as a percentage) equal to the number of square feet included in the Leased Premises divided by the total number of leasable square feet included in said Building. The Tenant's Prorata Share as to Common Areas shall mean an amount (expressed as a percentage ) equal to the number of square feet included in the Leased Premises divided by the total number of leasable square feet included in all Buildings located in the Area. The Tenant's Prorata Share for Common Areas may change from time to time as the leasable square footage in all Buildings located in the Area is increased or decreased.

Tenant's Prorata Share means that fraction, the numerator of which is the gross leasable area of the demised premises agreed to be 8,000 square feet and the denominator of which is the gross leasable area of the Owner's building (including the demised premises) which is agreed to be 14,400 square feet.

Examples of Tenant's Prorata Share in a sentence

• Pending resolution of any such exceptions in the foregoing manner, Tenant shall continue paying Tenant's Prorata Share of Taxes and Operating Expenses in the amounts determined by Landlord, subject to adjustment after any such exceptions are so resolved.

• Once each year the Landlord shall determine the actual costs of the foregoing expenses for the prior year and if the actual costs are greater than the estimated costs, the Tenant shall pay its Tenant's Prorata Share of the difference between the estimated costs and the actual costs to the Landlord with the next payment of Base Monthly Rent, or, if the actual costs are less than the estimated costs, the Landlord shall forthwith refund the amount of the Tenant's excess payment to the Tenant.

• Hewlett said there was a question, was not sure if application #1 or #2 in regards to the visual effects from the French property.

• The terms "Taxes" and "Tenant's Prorata Share" shall have the meanings specified therefor in Article 25.

• The terms "Operating Expenses" and "Tenant's Prorata Share" shall have the meanings specified therefor in Article 25.

More Definitions of Tenant's Prorata Share

Tenant's Prorata Share as to the Building in which the Leased Premises are located shall mean an amount (expressed as a percentage) equal to 100% of all costs incurred below.

Tenant's Prorata Share is defined in Section 4(a). (k) "Term" is defined in Section 1(b). LEASE ----- THIS LEASE (the "Lease") is made as of the 18th day of November, 1998 ---- -------- -- by and between Equinix, Inc. ("Tenant"), a Delaware corporation, and Xxxxx ------------ -------------------- ----- Beaumeade, Inc. ("Landlord"), a Georgia corporation. --------------- --------------------- WITNESSETH THAT, for and in consideration of the rentals herein reserved, the mutual covenants an agreements herein set forth and other good and valuable consideration, the receipt and adequacy of which we hereby acknowledged, the parties hereto, intending to be legally bound, hereby covenant and agree as follows:

Tenant's Prorata Share shall be the percentage determined by dividing the total leasable area of the Leased Premises by the total leasable area of the Building. On the date hereof, Tenant's Prorata share is projected to be [*]% ([*]). ---- ---

Tenant's Prorata Share of the Operating Expenses shall be equal to a fraction the numerator of which is the Rentable Floor Area and the denominator of which is the Total Rentable Area (37,002 square feet). Accordingly, Tenant's Prorata Share of the Operating Expenses for purposes of this Lease is deemed to be 15.76%.

Tenant's Prorata Share. 85,893 square feet ÷ 114,421 square feet = 75.0675%.

Tenant's Prorata Share. Eighty-three percent (83%) based on a total building area of 267,496 square feet.

Tenant's Prorata Share of Taxes shall be 1.61%, which is the rentable area of the Premises divided by the 2,535,708 rentable square feet in the Property excluding any parking facilities. Because the Building contains non-office uses, Tenant’s Prorata Share of Operating Expenses shall be 1.66%, which is the ratio of the rentable area of the Premises to the 2,461,050 rentable square feet in the office portion of the Building. The rentable square footage of the Premises and Building have been determined in accordance with the American National Standards Institute (“ANSI”)/Building Owners and Managers Association International (“BOMA”) Form Z65.1-1996. Landlord may remeasure the Building from time to time and, upon written notice to Tenant Landlord’s new measurements shall be binding hereunder provided Landlord measures according to the 1996 ANSI/BOMA standard or a more current ANSI/BOMA standard and further provided any such remeasurement shall not result in an increase or decrease in Base Rent or Additional Rent as set forth in this Lease for the balance of the Term.