Leasable Area definition

Leasable Area means with respect to any rentable premises, the area expressed in square feet of all floor space including floor space of mezzanines, if any, determined, calculated and certified by the Landlord and measured from the exterior face of all exterior walls, doors and windows, including walls, doors and windows separating the rentable premises from enclosed Common Areas and Facilities, if any, and from the center line of all interior walls separating the rentable premises from adjoining rentable premises. There will be no deduction or exclusion for any space occupied by or used for columns, ducts or other structural elements;
Leasable Area means with respect to any rentable premises, the area expressed in square metres of all floor space including floor space of mezzanines, if any, determined, calculated and certified by the Landlord and measured from the exterior face of all exterior walls, doors and windows, including walls, doors and windows separating the rentable premises from enclosed Common Areas and Facilities, if any, and from the centre line of all interior walls separating the rentable premises from adjoining rentable premises. There will be no deduction or exclusion for any space occupied by or used for columns, ducts or other structural elements;
Leasable Area means with respect to any rentable premises, the area expressed in square feet of all floor space including floor space of mezzanines, if any, determined calculated and certified by the Landlord. [Emphasis added.]

Examples of Leasable Area in a sentence

  • Maintenance Charges for the maintenance services shall be calculated prorata of Gross Leasable Area of Demised Premises to the gross leasable area of Property.

  • Notwithstanding, however, tenants spaces which are separately allocated or pay separate costs shall be excluded from the Gross Leasable Area of all buildings within the Shopping Center.

  • For example, the ARB cannot require reduction in the overall height of the building, reduction in the number of stories in the building, reduction in the number of hotel guest rooms, or reduction in Floor Area that affects the size of the hotel guest rooms or the size of the Leasable Area.

  • Landlord acknowledges and recognizes that Tenant shall lease to tenants (i.e. subtenants under this Lease) for various spaces in the Leasable Area of each Building to be developed/redeveloped upon the various Phases of the Premises.

  • Gross Leasable Area of the Demised Premises divided by the Gross Leasable Area of the Shopping Center.


More Definitions of Leasable Area

Leasable Area means the leasable area of the building (or land in the case of land properties) in relation to each real estate or each real estate in trust and the figures stated refer to the area DHR believes is leasable as indicated in the relevant lease agreement or drawing of the building, etc. in relation to each real estate or each real estate in trust as of August 31, 2023. In the cases of each co-owned real estate or quasi co-owned trust beneficiary interests, the leasable area of the entire real estate multiplied by the ratio of co- ownership of the real estate or quasi co-ownership of the trust beneficiary interests in real estate held by DHR is provided.
Leasable Area means the total built up area of the Building and other structures developed on the Schedule Land for the Lessee, for which Rent will be payable by the Lessee, and as detailed in Schedule B;
Leasable Area means the restaurant at 1011 Robert St South, West St Paul, MN, 55118;
Leasable Area means with respect to any rentable premises, the area expressed in square feet of all floor space including floor space of mezzanines, if any, determined, calculated and certified by the Landlord and measured from the exterior face of all exterior walls, doors and windows, including walls, doors and windows separating the rentable premises from enclosed Common Areas and Facilities, if any, and from the centre line of all interior walls separating the rentable premises from adjoining rentable premises. 7.3Within 30 days after the termination of this tenancy, the Landlord will deliver or mail the Security Deposit less any proper deductions or with further demand for payment to: Tenant Address, or at such other place as the Tenant may advise. the Landlord may relet the Premises or any part of the Premises for a term or terms which may be less or greater than the balance of the term of this Lease remaining and may grant reasonable concessions in connection with such reletting including any alterations and improvements to the Premises; f. 3.2Upon 15 days notice, the Landlord may terminate the tenancy under this Lease if the Tenant has defaulted in the payment of any portion of the Rent when due. 5.2 For any rent review negotiation, the basic rent will be calculated as being the higher of the Base Rent payable immediately before the date of review and the Open Market Rent on the date of review.
Leasable Area means with respect to any rentable premises under direct controll of the lessee the area expressed in square feet of all floor space.
Leasable Area means those portions of the Premises designed for occupancy and exclusive use of Tenant and Subtenants, including storage areas, that produces rental income, expressly excluding stairs, escalators, elevator shafts, flues, pipe shafts, vertical ducts, balconies, mechanical rooms, public access areas, and other areas set aside for the provision of facilities or services to the floor or building where such facilities are not for the exclusive use of occupiers of the floor or building.
Leasable Area means with respect to any rentable premises, the area expressed in square feet of all floor space including floor space of mezzanines, if any, determined, calculated and certified by the Landlord and measured from the exterior face of all exterior walls, doors and windows, including walls, doors and windows separating the rentable premises from enclosed Common Areas and Facilities, if any, and from the center line of all interior walls separating the rentable premises from adjoining rentable premises. There will be no deduction or exclusion for any space occupied by or used for columns, ducts or other structural elements; (e) “Premises” means the specific office space within 000 XXXXXXX XX, St. Marys, GA 31558 described as the office in the southwest corner of the second floor; the office in the northeast corner of the second floor; and, the office in the south central portion of the first floor. (f) “Rent” means the total of Base Rent and Additional Rent. Intent of Lease