Definition of Usable Area of the Premises


Usable Area of the Premises means the total gross floor area enclosed by the vertical planes of: (A) the interior surface of the exterior Premises walls and/or windows, including without limitation, the floor area of any vestibules for the Premises notwithstanding that there may not be walls therefor; (B) the midpoint of any walls to be shared in common with other tenants; (C) the exterior side of any walls separating adjacent portions of the Non-Exclusive Common Areas; and (D) the exterior side of any walls separating adjacent portions of the Service Areas without deduction for any Service Areas, if any, penetrating or within the Premises.
Sample 1

Examples of Usable Area of the Premises in a sentence

In the case of a floor leased to more than one tenant, the allocation to the Premises of the Floor-Shared Areas on said floor shall be equal to the total Floor-Shared Areas on said floor multiplied by a fraction, the numerator of which is the Usable Area of the Premises located on said floor and the denominator of which is the total Usable Area of said floor.
Landlord and Tenant further agree that even if the Rentable or Usable Area of the Premises and/or the total Building Area are later determined to be more or less than the figures stated herein, for all purposes of this Lease, the figures stated herein shall be conclusively deemed to be the actual Rentable or Usable Area of the Premises, as the case may be.
The allocation to the Premises of the Building-Shared Areas shall be equal to the total Building-Shared Areas within the Building multiplied by a fraction, the numerator of which is the Usable Area of the Premises and the denominator of which is the total Usable Area of the Building.
If the Rentable Area of the Premises (based on the measurement of the Usable Area of the Premises plus the common area factor) determined by the architect is greater or less than the amount specified in this Lease, then the Rentable Area of the Premises shall be adjusted to equal the amount as so determined, and the Base Rent and any other amounts specified in this Lease as a function of the Rentable Area of the Premises shall be adjusted proportionately.
If Tenant disagrees with the determination of the Rentable Area or Usable Area of the Premises or the Rentable Area of the Building as calculated by Landlord's architect, Tenant shall provide Landlord with written notice of Tenant's disagreement ("Tenant's Notice of Disapproval") within thirty (30) days after the date on which Tenant receives the calculation by Landlord's architect.