Premises or Demised Premises definition

Premises or Demised Premises. The Demised Premises contains 72,707 rentable square feet of space in the aggregate consisting of the following: (i) the “Original Premises” is outlined in red on the floor plan annexed to the Lease and made a part thereof as Exhibit A consisting of approximately 52,417 rentable square feet located on the fourth floor in the east and west wings, and (ii) the “Additional Premises” is shown on the floor plan annexed to this First Amendment and made a part hereof as Exhibit A-2 consisting of approximately 20,283 rentable square feet located on the first floor, together with all fixtures, equipment, improvements and installations attached to the Original Premises and the Additional Premises, in the building located at 000 Xxxxx Xxxx, Liberty Corner, Bernards Township, New Jersey 07938 (the “Building”) located on the parcel of land more particularly described in Exhibit A-1 attached to the Lease and made a part thereof (the “Land”). The Building and the Land are referred to collectively in the Lease as the “Property.” The Original Premises and the Additional Premises are referred to collectively in the Lease as the “Demised Premises.”“
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Premises or Demised Premises. As outlined on Exhibit A
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Premises or Demised Premises. As outlined on Exhibit A 1.4 Term: 2 years 1.5 Commencement Date: January 1, 1997. 1 <PAGE> 1.6 Termination Date: December 31, 1999. 1.7 Base Rent: $12.00 per square foot. $990,792 per annum $82,566 per month. 1.8
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Examples of Premises or Demised Premises in a sentence

  • In the typical office lease, the tenant is granted the exclusive right to the use and control of the area within its demising walls, subject to the limitations set forth in the lease - generally defined as the "Premises" or "Demised Premises." Conversely, the landlord retains control of the property "Common Elements," subject to the tenants' non-exclusive rights to use portions of the Common Elements.

  • Licensee shall repair all damage or disfigurement to the Licensed Premises or Demised Premises caused by and shall restore the Licensed Premises and the Demised Premises to a condition existing immediately prior to the installation of the ATM and Support Facilities.

  • The term "Premises" or "Demised Premises" or "Leased Premises" or “Property” shall mean that certain parcel of real property on the north end of Tybee Island in the North Beach parking lot City of Tybee Island, Chatham County, Georgia as more particularly described on Exhibit "A".


More Definitions of Premises or Demised Premises

Premises or Demised Premises. As outlined on Exhibit A 1.4 Term: 5 years 1.5 Commencement Date: _______________, 1998 1.6 Termination Date: ______________, 2004 1.7 Base Rent: $13.50 per square foot ______ per annum ______ per month
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Premises or Demised Premises as used therein shall refer to the Sublease Premises, the term "Term" as used therein shall refer to the Term, the term "this Lease" as used therein shall refer to this . Sublease, and the term "Commencement Date" as used therein shall refer to the Commencement Date set forth in Paragraph 2 hereof. All acts to be done by Sublandlord, as tenant under the Prime Lease, and all obligations of Sublandlord, as tenant under the Prime Lease, shall be done or performed by Subtenant except as otherwise provided by this Sublease, and Subtenant's obligations shall run both to Sublandlord and Prime Landlord as Sublandlord may determine to be appropriate or to be required by the respective interests of Sublandlord and Prime Landlord. Subtenant shall indemnify and hold Sublandlord harmless from all claims, damages, costs and expenses (including, but no limited to, reasonable legal fees and disbursements) in respect of the non-performance or non-observance of any such obligations. Subtenant shall not do, nor permit to be done, any act or thing which would result in an increase of Sublandlord's Basic Rent or Additional Rent or any other obligation or liability of Sublandlord under the Prime Lease or which is, or, with notice or the passage of time, would be, a default under the Prime Lease. For the purposes of incorporation herein, the terms of the Prime Lease are subject to the following additional modifications:
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Related to Premises or Demised Premises

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Licensed premises or “premises” means all rooms, enclosures, contiguous areas, or places susceptible of precise description satisfactory to the administrator where alcoholic beverages, wine, or beer is sold or consumed under authority of a liquor control license, wine permit, or beer permit. A single licensed premises may consist of multiple rooms, enclosures, areas, or places if they are wholly within the confines of a single building or contiguous grounds.

  • the Building means any building of which the Property forms part.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Authority’s Premises means any premises occupied by or under the control of the Authority where the Services are to be supplied, as set out in the Specification.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • School premises means either of the following:

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • Licensed Space means the indoor and outdoor space on the premises approved by the department for the purpose of providing licensed child care.

  • Premises Building Partial Damage shall herein mean damage or destruction to the building of which the Premises are a part to the extent that the cost of repair is less than 50% of the then replacement cost of such building as a whole.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.