Example ContractsClausesStipulation of Rentable Square Feet of Premises
Stipulation of Rentable Square Feet of Premises
Stipulation of Rentable Square Feet of Premises contract clause examples

Rentable Square Feet of Premises. The rentable square footage of the Premises is hereby deemed to be as set forth in Section 2.2 of the Summary, and shall not be subject to measurement or adjustment during the Lease Term.

Rentable Square Feet of Premises. The rentable square footage of the Premises is hereby deemed to be as set forth in Section 2.2 of the Summary, and shall not be subject to measurement or adjustment during the Lease Term.

Rentable Square Feet of Premises. The RSF of the Premises and Building are hereby stipulated to be as set forth in the Summary, and shall not be subject to measurement or modification during the Lease Term.

Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feet” or “Rentable Areaof the Premises are as set forth in Section 2.2 of the Summary. For purposes of this Lease, the “rentable square feet” (i.e., the Rentable Area) of the Premises and the Building and the other buildings in the Project have been calculated by Landlord pursuant to BOMA Industrial Standard Multi Method B for measuring rentable area in industrial buildings or any subsequent updated BOMA standard as may be used by Landlord to measure rentable area in an industrial building (“BOMA”), as modified for the Project to include a portion of the Common Areas and service areas of the Buildings and other building in the Project. Except in connection with the construction of amenities as set forth below, the parties stipulate that the Premises contains the number of rentable square feet set forth herein and shall not be subject to re-measurement during the initial Lease Term. If Landlord adds one or more common area amenities (e.g., a conference/seminar room) available to all tenants within the Project, Tenant agrees that the rentable square footage of the Premises shall be increased to reflect Tenant’s pro rata portion (i.e., Tenant’s Share of the Project) of such amenities space following the completion of such amenities space (but such increase shall be based on an amenities area that does not exceed 7,500 rentable square feet even if the actual amenities area is in excess of 7,500 rentable square feet), and Tenant’s obligation to pay Base Rent shall be adjusted to reflect such increased square footage attributed to the Premises based on Tenant’s Share of the Project. If at any time Landlord decreases the area of the amenities space or ceases to provide such amenities space, the rentable area of the Premises will be adjusted to reflect the decrease in size or elimination of the amenities. Any such adjustment in the rentable square footage of the Premises shall be evidenced by an amendment to this Lease. For the sake of clarity, there will be no usage or amenities fee (other than the additional Base Rent as specified in this Section 1.2 and Tenant’s Share of any Direct Expenses associated with such amenity space) charged to Tenant for the use of such amenity space, and the use of such amenity space will be exclusive to Tenant and the other tenants of the Project.

Rentable Square Feet of Premises. The rentable square footage of the Premises is hereby deemed to be as set forth in Section 2.2 of the Summary, and shall not be subject to measurement or adjustment during the Lease Term.

Stipulation of Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feetof the Premises shall be deemed to be as set forth in Section 2.2 of the Summary. For purposes of this Lease, the “rentable square feetof the Premises and the Building and the other buildings in the Project shall be calculated by Landlord pursuant to the Standard Method for measuring Floor Area in Office Buildings, ANSI [[Unknown Identifier]].1-2017,or any subsequent updated standard as may be used by Landlord so long as such updated standard does not increase Tenant’s Share of the Project during the initial Lease Term (“BOMA”), as modified for the Project pursuant to Landlord’s standard rental area measurements for the Project, to include, among other calculations, a portion of the common areas and service areas of the Building and other buildings in the Project.

Stipulation of Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feetof the Premises shall be deemed to be as set forth in Section 2.2 of the Summary. For purposes of this Lease, the “rentable square feetof the Premises and the Building and the other buildings in the Project shall be calculated by Landlord pursuant to the Standard Method for measuring Floor Area in Office Buildings, ANSI [[Unknown Identifier]].1-2017, or

Rentable Square Feet of Premises. Tenant hereby acknowledges and agrees that Landlord shall have the one-time right during the Lease Term to remeasure the rentable square footage of the Premises and/or Building in accordance with the terms of this Section 1.2. Any such remeasurement shall be determined in accordance with the standards set forth in ANSI Z65.1‑2012 (Method B Industrial Standard), as promulgated by the Building Owners and Managers Association (the "BOMA Standard"), and subject to related guidelines applicable thereto. Landlord's space planner/architect shall certify any such remeasurement and shall provide reasonable documentation to Tenant for Tenant's review following such remeasurement. In the event that Landlord's space planner/architect determines that the rentable square footage of the Premises and/or Building are different from those set forth in this Lease, all amounts, percentages and figures appearing or referred to in this Lease based upon such amounts (including, without limitation, the amount of the Base Rent, Tenant Improvement Allowance, Additional Tenant Improvement Allowance, and Tenant's Share) shall be modified in accordance with such determination, provided that Landlord and Tenant hereby acknowledge and agree that the rentable square footage of the Premises shall not increase by more than one percent (1%) from the rentable square footage set forth in Section 2.2 of the Summary. If such determination is made, it will be confirmed in writing by Landlord to Tenant.

Stipulation of Rentable Square Feet of Premises. For purposes of this Lease, “rentable square feetof the Premises shall be deemed as set forth in Section 2.2 of the Summary. Notwithstanding the foregoing, the useable area of the Premises shall be determined in accordance with a standard promulgated by the Building Owners and Managers Association which standard is selected by Landlord. The rentable area of the Premises shall be determined by multiplying the useable area of the Premises by a “core factor”. Landlord may, at any time, have its architect or engineer measure the actual total usable and rentable square footage of the Premises. In the event the Premises shall contain an amount of rentable square footage different than the amount of rentable square feet referenced in Section 2.2 of the Summary, the Premises shall be redefined to reflect the actual rentable square footage but the Base Rent and Additional Rent shall not change from/based what is listed in Section 4 of the Summary.

Rentable Square Feet of Premises. The rentable square footage of the Premises is hereby deemed to be as set forth in Section 2.2 of the Summary, and shall not be subject to measurement or adjustment during the Lease Term.

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