Lessee's Share is defined, for purposes of this Lease, as the percentage set forth in paragraph 1.10 of the Basic Lease Provisions, which percentage has been determined by dividing the approximate square footage of the Premises by the total approximate square footage of the rentable space contained in the Office Building Project. It is understood and agreed that the square footage figures set forth in the Basic Lease Provisions are approximations which Lessor and Lessee agree are reasonable and shall not be subject to revision except in connection with an actual change in the size of the Premises or a change in the space available for lease in the Office Building Project.
Lessee's Share and "Lessor's share", as used above refers to Lessee's and Lessor's respective proportionate parts of the gross proceeds from the sale of any and all lease products produced, saved and sold from said land by Lessee or allocated to said land under the terms of any unit or pooling plan during the preceding calendar year.
Lessee's Share means the rentable square footage of the Building subject to this Lease at the time in question divided by the greater of (i) 1,550,000, (ii) at the time in question, a number equal to the number of rentable square feet which is then constructed at the Project, measured on a dripline basis.
Examples of Lessee's Share in a sentence
If any of the Rates and Taxes or Outgoings are not separately assessed or charged in respect of the Premises, then the Lessee must pay the Lessee’s Share of any such Rates and Taxes or Outgoings assessed or charged in respect of the Land.
If any of the Rates and Taxes or Outgoings are not separately assessed or charged in respect of the Premises, then the Lessee must pay the Lessee’s Share of any such Rates and Taxes or Outgoings assessed or charged in respect of the Premises.
If a service is deleted by Paragraph 1.13 and such service is not separately metered to the Premises, Lessee shall pay at Lessor’s option, either Lessee’s Share of a reasonable proportion to be determined by Lessor of all charges for such jointly metered service.
During the Lease Term, Lessee shall be granted a cap to Common Area Operating Expenses, such that the amount of Lessee’s Share of Common Area Operating Expenses shall not increase, from one year to the next, by more than the equivalent of three percent (3%) of the then Base Rent.
If any Rates and Taxes or Outgoings are not separately assessed or charged in respect of the Premises, then the Lessee must pay the Lessee’s Share of any such Rates and Taxes or Outgoings assessed or charged in respect of the Land.
More Definitions of Lessee's Share
Lessee's Share is defined, for purposes of this Lease, as 25% percent. See paragraph 54.
Lessee's Share is defined, for purposes of this Lease, as approximately 20.89 percent based on the total square footage of the project. (b) "Operating Expenses" is defined, for purposes of this Lease, as all costs incurred by Lessor, if any, for: (i) The operations, repair and maintenance, in neat, clean, good order and condition, of the following: (aa) The Common Areas, including parking areas, loading and unloading areas, trash areas, roadways, sidewalks, walkways, parkways, driveways, landscaped areas, striping, bumpers, irrigation systems, Common Area lighting facilities, fences and gates, and roofs and walls; (bb) Trash disposal services; (cc) Tenant directories; (dd) Fire detection systems including sprinkler system maintenance and repair; (ee) Security services; (ff) Any other service to be provided by Lessor that is elsewhere in this Lease stated to be an "Operating Expense." (ii) Any deductible portion of an insured loss concerning any of the items or matters described in this paragraph 4.2; (iii) The cost of the premiums for the liability and property insurance policies to be maintained by Lessor under paragraph 8 hereof; (iv) The amount of the real property tax to be paid by Lessor under paragraph 10.1 hereof; (v) The cost of water, gas and electricity to service the Common Areas; (vi) Annual account audit plus 10% supervision fee, based on total annual expenses. (vii) All other costs of any kind paid or incurred by Landlord in connection with the operation, the cost of capital improvements designed to protect the health and safety of the tenants, maintenance, and management of the Building and the Project including, by way of examples and not as a limitation upon the generality of the foregoing, costs of repairs and replacements to improvements within the Project as appropriate to maintain the Project in first class condition including cost of funding such reasonable reserves as Landlord deems consistent with good business practice and may establish to provide for future repairs and replacements, association dues or any other fees due pursuant to any documents governing the real property on which the Building is located, costs of utilities furnished to the Common Areas, sewer fees, windows, heating, ventilation, air conditioning, maintenance of landscape and grounds, maintenance of drives and parking areas, security services and devices, building supplies, maintenance and replacement to equipment utilized for operation and maintenance of the Project, insuranc...
Lessee's Share means the proportion the lettable area of the Premises bears from time to time to the total lettable area of the Land as measured in accordance with the method of measurement recommended for such Premises by the Institute’s guidelines current as at the Commencement Date or such other Institute method of measurement as the Council notifies the Lessee.
Lessee's Share is defined, for purposes of this Lease, as the percentage determined by dividing the square footage of the Premises by the total square footage of the rentable space contained in the Center. It is understood and agreed that the square footage figures set forth in the Basic Lease Terms are approximations which Lessor and Lessee agree are reasonable and shall not be subject to revision except in connection with an actual change in the size of the Premises or a change in the space available for lease in the Center.
Lessee's Share is defined, for purposes of this Lease, as 3.83 percent. (b) "Operating Expenses" is defined, for purposes of this Lease, as all costs incurred by Lessor, if any, for: (i) The operation, repair and maintenance, in neat, clean, good order and condition, of the following: (aa) The Common Areas, including parking areas, loading and unloading areas, trash areas, roadways, sidewalks, walkways, parkways, driveways, landscaped areas, striping, bumpers, irrigation systems, Common Area lighting facilities and fences and gates; (bb) Trash disposal services; (cc) Tenant directories; (dd) Fire detection systems including sprinkler system maintenance and repair; Initials:/s/ DM ------- /s/ JWB ------- MULTI TENANT--MODIFIED NET -C- American Industrial Real Estate Association 1981
Lessee's Share means (i) as to amounts allocable solely to Building 9 (and with respect to real property tax, also to the legal parcel in which Building 9 is located), one hundred percent (100%), and (ii) as to amounts allocable to the Project or Project Common Area, the Rentable Area of the Premises divided by the Rentable Area of all Project Buildings at the Project (irrespective of whether they are rented). Subject to being increased or decreased (in an amount Lessor shall, in good faith, determine), upon the increase or reduction in the Rentable Area of the Premises and the Project, respectively, Lessee’s Share for each of the Building 9 items shall be 100% and Lessee’s Share of Project items shall be sixteen and ninety-three hundredths percent (16.93%). The Rentable Area of all Project Buildings at the Project shall not be reduced for vacancies in the ordinary course of business.
Lessee's Share as determined by [X] prorata square footage of the Premises as compared to the total square footage of the Building or [ ] other criteria as described in Addendum .