Tenant's Prorata Share definition

Tenant's Prorata Share shall have the meanings specified therefor in Article 25.
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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.
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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.
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Examples of Tenant's Prorata Share in a sentence

  • If the damage is not covered by such insurance policies and Landlord elects to repair the damage, then Tenant shall pay Landlord a share of the deductible under Landlord’s insurance policies equal to Tenant’s Prorata Share of Excess Operating Expenses.

  • Second and subsequent Outages within the plan will however require individual approvals.

  • Notwithstanding anything to the contrary in this Lease, Tenant’s Prorata Share of Operating Expenses shall not increase by more than five percent (5%) annually during the Lease Term and any Option Terms, if exercised.

  • In the event Tenant’s Pro-rata Share of the actual Operating Expenses for such calendar year shall exceed the aggregate of the projected Operating Expenses installments actually collected by Landlord from Tenant, Tenant shall pay to Landlord within thirty (30) days following Tenant’s receipt of a statement, the amount of such excess.

  • In addition to all other payments to Landlord by Tenant required hereunder, Tenant shall pay to Landlord in each year or portion thereof during the term of this Lease, or any renewal or extension thereof, as Additional Rent, Tenant’s Pro-rata Share of the annual Operating Expenses, as defined in Article 2.5 (“OER”).


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.
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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:
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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 [*]% ([*]). ---- ---
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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%.
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Tenant's Prorata Share. 85,893 square feet + 114,421 square feet = 75.0675%.
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Tenant's Prorata Share as defined in --------------- Section 4.2.2 of the Lease shall be Fifteen and Twenty-three one-hundredths (15.23%) percent commencing upon the thirtieth (30th) day following the New Space Commencement Date to and including June 30, 1998, and Sixteen and Seventy-seven one-hundredths (16.77%) percent commencing upon July 1, 1998 to and including the Termination Date of the Lease.
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Tenant's Prorata Share means 21.30%.
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