Net Lettable Area definition

Net Lettable Area means the area of all floors within the internal finished surfaces of permanent walls but excludes the following areas —
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Net Lettable Area means the floor area in a building that is to be leased and in respect of which a rent is payable, which generally excludes common areas (such as corridors, public atrium and toilets) and areas used to accommodate building and property management facilities and services.
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Net Lettable Area means the floor area (in square metres) calculated in accordance with the guidelines for the measurement of tenancy areas in enclosed commercial buildings, recommended by the PCA method of measurement applicable on the date of calculation. New Walkway means the new elevated walkway (including associated lighting and power services) which is to be constructed within the New Walkway Stratum and is shown as ‘New Walkway’ on the LLCQ Development Plans. New Walkway Stratum means the land which is shown as ‘New Walkway’ on the LLCQ Plan of Proposed Stratum. Occupation Certificate has the same meaning as in the Act. PCA means the Property Council of Australia Limited.
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Examples of Net Lettable Area in a sentence

  • It is based on dividing the total power of the base lighting system in the assessed space by the Net Lettable Area (NLA) of that space.

  • NPV calculations based on the Net Lettable Area (NLA) supplied in the proposals.

  • It provides 3,060 sqm of Net Lettable Area (NLA) consisting of a mixture of B1 offices (1,592 sqm) above a ground floor retail space (1,468 sqm) with associated car park.

  • The Centre has 2,890m2 Net Lettable Area (NLA) and is not forecast to growth much beyond 3,000m2 NLA which is at the lower end of the 1,500 – 10,000m2 scale set by SPP 4.2 for Neighbourhood Centres.

  • This means that the fishing enterprises are obligated to buy CO2 quotas that correspond to the amount of emissions they emit.

  • Purchase ConsiderationUS$317.2 million(1)Net Lettable Area (sq ft)730,598Number of Storeys30Year Built1988Committed Occupancy (as at 31 July 2017)93.1%Number of Tenants (as at 31 July 2017)25WALE by Net Lettable Area (as at 31 July 2017)5.7 yearsNote:(1) The Purchase Consideration comprises the purchase price of US$313.2 million and settlement adjustments estimated at US$4.0 million.

  • DETAILS The applicant proposes to construct a two and three storey development on the subject site, consisting of: ● 24 Multiple Dwellings;● 8 Grouped Dwellings;● 794m2 Net Lettable Area (NLA) of Offices at ground floor and first floor levels;● a Convenience Store of 200m2 NLA;● a Shop of 150m2 NLA; and● a Café (Restaurant) seating 48 persons, with a total floor area of 150m2 NLA.

  • DETAILS Current Proposal The proposal incorporates two buildings which have a Gross Floor Area (GFA) of approximately 7287.75m2 and a Net Lettable Area (NLA) of approximately 6434.5m2.

  • The proposed Garden Centre is consistent with the objectives of the ‘Rural Composite’ zone and, with the exception of Net Lettable Area (NLA) variation, complies with all the relevant sections of the statutory planning framework.

  • However, A-REIT’s exposure to conventional manufacturing is low with only 13.9% of Net Lettable Area (“NLA”) occupied by tenants engaged in conventional manufacturing activities as at 31 December 2014.


More Definitions of Net Lettable Area

Net Lettable Area or “nla” means the area of all floors within the internal finished surfaces of permanent walls but does not include the following areas-
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Net Lettable Area means the total areas within Office Tower A that are available and can be used exclusively by DCT. For the purpose of calculating the Purchase Price, the Net Lettable Area in excess of 5% of the initial estimated Net Lettable Area of 506,069 sq ft of Office Tower A shall be ignored.
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Net Lettable Area means the net lettable area as defined in the March 1997 edition of "Method of Measurement for Lettable Area" issued by the Property Council of Australia;
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Net Lettable Area means the net lettable area of the Building calculated in accordance with the provisions of Clause 4
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Net Lettable Area means the area in the IR that is to be leased for retail purposes, excluding common areas such as corridors, lift shafts, fire escape, staircases and toilets, which said Net Lettable Area shall not, in any case, be less than 52,000 square metres;
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Net Lettable Area or “nla” means the area of all floors within the internal finished surfaces of permanent walls but does not include the following areas – AMD 61 GG 14/11/14; AMD 80 GG 18/04/19
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Related to Net Lettable Area

  • Rentable Area when applied to the Premises, is that area equal to the usable area of the Premises, plus an equitable allocation of Rentable Area within the Building that is not then utilized or expected to be utilized as usable area, including that portion of the Building devoted to corridors, equipment rooms, restrooms, elevator lobby, atrium and mailroom.

  • Net Rentable Area means, with respect to any Real Estate, the floor area of any buildings, structures or other improvements available for leasing to tenants determined in accordance with the Rent Roll for such Real Estate, the manner of such determination to be reasonably consistent for all Real Estate of the same type unless otherwise approved by the Administrative Agent.

  • Gross Floor Area means the total floor area, measured between the outside of exterior walls or between the outside of exterior walls and the centre line of party walls dividing the building from another building, of all floors above the average level of finished ground adjoining the building at its exterior walls;

  • Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Usable Area means the usable area calculated in accordance with the BOMA Standard.

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Base Operating Costs means Operating Costs for the calendar year specified as the Base Year in the Basic Lease Information (excluding therefrom, however, any Operating Costs of a nature that would not ordinarily be incurred on an annual, recurring basis).

  • Total Floor Area means, the sum total of the total areas of all floors in a building or structure whether at above or below grade measured between the exterior faces of the exterior walls of the building or structure or from the centre line of a common wall separating two uses or from the outside edge of a floor where the outside edge of the floor does not meet an exterior or common wall, and;

  • Square Footage means the total gross horizontal areas of all floors, including usable basement and cellars, below the roof and within the outer surface of the main walls of buildings (or the center lines of party walls separating such buildings or portions thereof) or within lines drawn parallel to and two feet within the roof line of any building or portion thereof without walls (which includes, notwithstanding paragraph 3 below, the square footage of all porches), and including pedestrian access walkways or corridors, but excluding the following:

  • Rentable Square Feet as used in the Lease will be deemed to include: (a) with respect to the Premises, the usable area of the Premises determined in accordance with the Method for Measuring Floor Area in Office Buildings, ANSI Z65.1-1996 (the "BOMA Standard"), plus a pro rata portion of the main lobby area on the ground floor and all elevator machine rooms, electrical and telephone equipment rooms and mail delivery facilities and other areas used by all tenants of the Building, if any, plus (i) for single tenancy floors, all the area covered by the elevator lobbies, corridors, special stairways, restrooms, mechanical rooms, electrical rooms and telephone closets on such floors, or (ii) for multiple tenancy floors, a pro-rata portion of all of the area covered by the elevator lobbies, corridors, special stairways, restrooms, mechanical rooms, electrical rooms and telephone closets on such floor; and (b) with respect to the Building, the total rentable area for all floors in the Building computed in accordance with the provisions of Subparagraph 1(a) above. In calculating the "Rentable Square Feet" of the Premises or the Building, the area contained within the exterior walls of the Building stairs, fire towers, vertical ducts, elevator shafts, flues, vents, stacks and major pipe shafts will be excluded.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Square feet or "square foot" as used in this Lease includes the area contained within the leased premises together with a common area percentage factor of the leased premises proportionate to the total building area.

  • Floor Area Ratio (FAR) means the quotient obtained by dividing the total covered area (plinth area) on all floors by the area of plot.

  • Floor Area means the gross floor area of the specific use.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Basal area means the effective surface area available to transmit the treated effluent from the filter media in a mound system into the in-situ receiving soils. The perimeter is measured at the interface of the imported fill material and in-situ soil. On sloping sites, only the area down-gradient from the up-slope edge of the distribution media may be included in this calculation.

  • Footage means still images, video, audio and other data captured by the Flock Hardware or Customer Hardware in the course of and provided via the Flock Services.

  • Floor Area Ratio means the sum of the area of all floors of

  • Controllable Operating Expenses means all Operating Expenses except real property taxes, all forms of insurance, utility expenses, costs of services provided under a union contract, payments under CC&R’s or to an owners’ association and costs associated with repairs due to casualty, vandalism or other source outside of Landlord’s reasonable control.

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series’ assets with respect to the Class for the calendar year involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees’ fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series’ statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series’ “Annual Operating Expenses” for the Class do not include interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are “extraordinary” as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LLC By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Chief Operating Officer ACCEPTED: THE ROYCE FUND By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Vice President [ROYCE & ASSOCIATES, LLC LETTERHEAD] December 31, 2006 The Royce Fund 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 Re: Fee Waiver and Expense Reimbursement - Royce Micro-Cap Fund (Service Class) Gentlemen: Reference is made to the Investment Advisory Agreement dated October 1, 2001 (the “Agreement”) by and between The Royce Fund (the “Fund”) on behalf of Royce Micro-Cap Fund (the “Series”) and Royce & Associates (the “Adviser”). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services provided by it under the Agreement for the calendar year ending December 31, 2007, and/or agrees to reimburse expenses relating to such calendar year to the Series with respect to the Class in an amount, if any, necessary so that the Series’ “Annual Operating Expenses” for its Service Class of shares (the “Class”) are not more than 1.66% of the Class’ average net assets for such calendar year. The Adviser hereby also waives compensation for services provided by it under the Agreement to the Series with respect to the Class, and/or agrees to reimburse expenses to the Series with respect to the Class for each subsequent calendar year through the year ending December 31, 2015 (but not for any calendar year thereafter) in an amount, if any, necessary so that the Series’ Annual Operating Expenses for the Class are not more than 1.99% of the Class’ average net assets for such calendar year. The Adviser’s obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following:

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Unstable area means a location that is susceptible to natural or human-induced events or forces capable of impairing the integrity of some or all of the landfill structural components responsible for preventing releases from a landfill. Unstable areas can include poor foundation conditions, areas susceptible to mass movements, and Karst terranes.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel: