The Common Area definition

The Common Area means at any time during the currency of this Lease, those parts of the building not actually let and not intended to be let by the Landlord or its duly authorised representatives, including but not necessarily limited to foyers, malls, arcades, passages, parking areas, entrances, exits, loading docks, ramps, landscape areas, interior and exterior stairways, toilets, and all other amenities provided by the Landlord for general use in common by the tenants and their servants, employees, customers and invitees in or about the building or the property;
The Common Area is defined to mean that part of the Shopping Center intended for the common use of all lessees, including, but not limited to, parking areas, private streets and alleys, landscaping, curbs, loading areas, sidewalks, lighting facilities, drinking fountains, meeting rooms and public rest rooms. Landlord reserves the right to change from time to time the dimensions and location of the Common Area. Landlord agrees to maintain the Common Area in a good, clean manner as generally accepted in the maintenance of similar shopping centers in the area where the Shopping Center is located. The maintenance, repair and replacement of the Common Area shall be within the sole and absolute control of Landlord. Tenant agrees to pay to Landlord, as set forth below, for the repair, operation and maintenance of the Common Area (including, among other costs, those for lighting, painting, cleaning, policing, inspecting, repairing and replacing) which may be incurred by Landlord, in its discretion, including a reasonable allowance for Lessor's overhead costs and for depreciation of maintenance equipment and for costs of property, casualty and liability insurance. Tenant agrees to pay as Additional Rent during the Initial Term of this Lease and any option extension term thereof Common Area costs which shall be based upon $.50 per square foot of space for a building consisting of approximately 4,644 square feet which initially computes to $2,322.00 per annum payable in the amount of $193.50 on the first day of each month for the first Lease Year and which shall be increased from time to time but not by more than two percent (2%) for any succeeding calendar year (except no maximum increase shall be applicable with respect to taxes and insurance). Upon a final determination of such costs for the preceding Lease year, Landlord shall advise Tenant of the actual amount of such costs. If the actual costs exceed the amount estimated, Tenant shall immediately pay to Landlord the balance due; if the actual costs are less than the amount estimated, then the monthly installments for the remaining months in the current Lease Year shall be equally reduced by the difference. All sums required to be paid by Tenant for Common Area maintenance shall be deemed a part of the Rental payable hereunder.
The Common Area means the land owned and maintained by the Association and will include all services (whether Municipal or otherwise) constructed within the Common Ground;

Examples of The Common Area in a sentence

  • The Common Area Multiple Peril Insurance policy must at least protect against loss or damage by fire and all other hazards that are normally covered by the standard extended coverage endorsement, and all of the perils customarily covered for similar types of projects, including those covered by the standard "all risk" endorsement.

  • The Common Area shall at all times be subject to the exclusive control and management of Landlord.

  • The Common Area includes the following located on the property: parking lots, lobbies, stairwells, sidewalks, walkways, utility rooms, areas in which to place trash, and landscaped areas.

  • The "Common Area Charge" shall be an annual charge of [***] per square foot of the Premises for the Common Area Costs defined in Section 7.04(b), subject to adjustment as provided in Section 7.05.

  • The Common Area shall at all times be subject to the exclusive control and management of Landlord, and Landlord shall have the right from time-to-time to change the sizes, locations, shapes, and arrangements of the Common Area; restrict parking by Tenant and other tenants to designated areas; and do and perform such other acts in and to the Common Area and adopt, modify, and enforce such rules and requirements as Landlord in its sole discretion deems advisable.

  • The Common Area and Parcels are subject to all easements and rights of way shown on the Map.

  • The Common Area may be used for ingress and egress of vehicles transporting construction materials, equipment and Persons employed in connection with any work provided for in this Declaration and that Common Area within the Parcel upon which the construction is taking place may also be used for temporary storage of material and vehicles being used in connection with such construction, subject to all of the other terms of this Declaration.

  • EXHIBIT F -30- PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] The Common Area shall be used reasonably for the foregoing purposes so as not to interfere with parking.

  • The Common Area shall at all times be subject to the exclusive control and management of Landlord and Landlord shall manage, operate, repair and maintain the Common Area and its facilities in a clean and sightly condition.

  • The Common Area shall be subject to Landlord’s sole management and control and shall be operated and maintained in such manner as Landlord in Landlord’s discretion shall determine, subject to the rights of Tenant under this Lease and provided that Landlord will not take any actions with respect to such Common Area that will unreasonably interfere with Tenant’s access to the Tenant Space or the use of the Tenant Space for the Permitted Use.


More Definitions of The Common Area

The Common Area means all that portion of The Condominium, other than the Units, and is more particularly described in ARTICLE "2" hereof. The Common Area includes Limited Common Area.