RENTABLE AREA OF THE definition

RENTABLE AREA OF THE. PREMISES: Approximately 2,260 square feet.
RENTABLE AREA OF THE. PREMISES: PREMISES A 11,993 square feet PREMISES B 13,752 square feet TOTAL 25,745 square feet TENANT'S SHARE: 27.8% BASIC RENT: Before full expenditure of Tenant's Allowance, effective as of the first day of each month during each Lease Year of the first Fixed Rental Period, Basic Rent for the month will be calculated by 1) multiplying the amount of Tenant's Allowance previously expended by Landlord by 17%, 2) dividing the product by the Rentable Area of the Premises (25,745 square feet), 3) adding $9.00 to the result, 4) multiplying the sum by the Rentable Area of the Premises and 5) dividing the product by 12. After full expenditure of Tenant's Allowance for each Lease Year of the first Fixed Rental Period, Basic Rent will be as follows: $499,285.00 per Lease Year $ 41,607.08 Monthly Installment
RENTABLE AREA OF THE. PREMISES: 50,976 square feet

Examples of RENTABLE AREA OF THE in a sentence

  • The following terms shall have the definitions set forth in this Section 1.0: PREMISES AND RENTABLE AREA OF THE PREMISES: Agreed to be 4,000 gross rentable square feet on the first (1st ) floor of the Building (Lab 116 and 118) and on the second (2nd ) floor of the building (offices 221-225) as shown on Exhibit A.

  • THE NET RENTABLE AREA OF THE EXTENDED PREMISES IS APPROXIMATELY 3,996 SQUARE FEET AND THE RENTABLE AREA OF THE EXTENDED PREMISES IS APPROXIMATELY 4,416 SQUARE FEET.

  • NOTWITHSTANDING THE FOREGOING, UPON WRITTEN REQUEST OF THE TENANT, AT THE TENANT'S COST, THE LANDLORD SHALL RE-MEASURE THE USEABLE AREA OF THE LEASED PREMISES OR RE-CALCULATE THE RENTABLE AREA OF THE LEASED PREMISES AND MAY RE-ADJUST THE BASIC RENT OR THE AMOUNT OF ADDITIONAL RENT ACCORDINGLY.

  • The "AGREED RENTABLE AREA OF THE TOWER" is 1,800,773 square feet.

  • RENTABLE AREA OF THE BUILDING: 48,959 rentable square feet TERM COMMENCEMENT DATE: The date upon which the Landlord shall deliver the entire Premises to Tenant free of all tenants and occupants, subject to the provisions of Section 2.01 hereof, which is estimated on or before January 1, 2001.


More Definitions of RENTABLE AREA OF THE

RENTABLE AREA OF THE. PREMISES: 9,998 square feet.
RENTABLE AREA OF THE. PREMISES shall mean the sum of (1) the total number of square feet contained in the area shown on Exhibit A computed by measuring from the outside finish of the exterior of the Building wall(s) to the corridor side of the corridor walls or permanent partitions in the Premises, and to the center of partitions that separate the Premises from adjoining areas in the Building plus (2) an appropriate adjustment of one (1%) percent loss factor for the Premises' allocable share of the Building that is used for public corridors, public toilets, air-conditioning rooms, fan rooms, janitor's closets, electrical closets, telephone closets, elevator shafts, flues, stacks, pipe shafts and vertical ducts with their enclosing walls. In computing Rentable Area of the Premises and Rentable Area of the Building, no deduction shall be made for columns and projections necessary for the structural integrity of the Building. Upon completion, Landlord's architect will deliver a certification of the Rentable Area of the Premises, and the measurements so provided by Landlord's architect shall be conclusive and binding upon the parties hereto. If and to the extent the final measurements vary from those set forth herein, the Basic Rent, Rentable Area of the Premises and Tenant's Proportionate Share will be modified accordingly. The Rentable Area of the Premises is 6,986 square feet.
RENTABLE AREA OF THE. PREMISES: 2,197 square feet RENTABLE AREA OF THE BUILDING: 115,179 square feet TENANT'S SHARE: 1.91% LEASE TERM: The period between the Term Commencement Date and the Stated Expiration Date. BASIC RENT: $28.50 per square foot of Rentable Area of the Premises for each Lease Year of the first Fixed Rental Period. $62,615.00 per Lease Year during the first Fixed Rental Period. $5,218.00 per month during the first Fixed Rental Period. FIXED RENTAL PERIOD: Not Applicable. ESTIMATED OPERATING EXPENSES: Not Applicable. ESTIMATED TAXES: Not Applicable.
RENTABLE AREA OF THE. LOT; RENTABLE AREA OF THE CENTER". The "Rentable Area of the Lot" is total rentable square footage of the Building constructed on the Lot, which is the agreed-upon area of 33,600 square feet. The "Rentable Area of the Center" is the total rentable square footage of the Building and all other buildings constructed on all other lots comprising the Center from time to time.
RENTABLE AREA OF THE. PREMISES shall mean the sum of (1) the total number of square feet contained in the area shown on Exhibit A computed by measuring from the outside finish of the exterior of the Building wall(s) to the corridor side of the corridor walls or permanent partitions in the Premises, and to the center of partitions that separate the Premises from adjoining areas in the Building; plus (2) an appropriate adjustment of once percent (1%) for the Premises' allocable share of the Building that is used for public corridors, public toilets, air-conditioning rooms, fan rooms, janitor's closets, electrical closets, telephone closets, elevator shafts, flues, stacks, pipe shafts and vertical ducts with their enclosing walls. In computing Rentable Area of the Premises and Rentable Area of the Building, no deduction shall be made for columns and projections necessary for the structural integrity of the Building, and the measurements provided to Landlord by Landlord's architect shall be conclusive and binding upon the parties hereto. The Rentable area of the Premises is 3,687 square feet.
RENTABLE AREA OF THE. Premises: approximately 15,720 rentable square feet (rentable and usable are the same)
RENTABLE AREA OF THE means the area of the Leased Premises expressed in square feet being approximately Four Thousand Leased Premises" Two Hundred and Seventy (4,270) square feet, subject to a final determination being made pursuant to Section 4.3(1).