Then Prevailing Rate definition
Then Prevailing Rate means the prevailing rental rate for space similar in quality to the Premises, quoted to prospective tenants of other buildings in the Reston, Virginia, office park known as "Isaa▇ ▇▇▇▇▇▇ ▇▇▇are" (taking into account concessions, including rent abatements and building allowances), and, as of the date seven (7) months prior to the expiration of the then current Term, per square foot of leasable area, multiplied by the number of square feet in the Premises. Landlord will give Tenant written notice of the "Then Prevailing Rate" at least seven (7) months prior to the expiration of the then-current Term, and