Rentable Area

Example Definitions of "Rentable Area"
Rentable Area. The sum of the Usable Area plus the prorata part of the Common Areas allocated to the floor(s) leased to Tenant in the Building. Rentable Area shall include any columns and/or projection(s) which protrude into the Premises and/or the Common Areas. The "Rentable Area" shall be calculated in accordance with ANSI Z65.1-1996, as promulgated by the Building Owners and Managers Association (BOMA). The initial Rentable Area of the Premises is 2,401 square feet and the Common Area factor for the first... floor is 1.1670%. The Common Area factor shall remain constant throughout the initial term of the Lease unless Tenant expands the Premises or reconfigures the Premises in accordance with this Lease, in which event the Common Area factor will be adjusted only to the extent necessary to take into consideration Tenant's expansion or reconfiguration. View More
Rentable Area. As to a floor leased entirely by Tenant, the sum of: (i) all areas within exterior permanent Building walls measured to the applicable portion of the glass surface of outer Building walls as specified in ANZI/BOMA 1996 Standards, including restrooms, janitor, telephone and electrical closets, mechanical areas, and columns and projections necessary to the Building, but excluding public stairs, elevator shafts and pipe shafts, plus (ii) Tenant's pro rata share of building common areas as... determined in accordance with ANZI/BOMA 1996 Standards. As to a floor only a portion of which is leased by Tenant, the aggregate of (i) the Leased Area (as defined below) of the portion of the floor occupied by Tenant, plus (ii) the result obtained by multiplying (1) the area of the Common Area (as defined below) on such floor by (2) a fraction whose numerator is the Leased Area of Tenant's portion of the floor and whose denominator is the Leased Area of all tenant space on such floor, plus (iii) in the event that Landlord must enlarge or alter in any way, shape or fashion the Common Area to accommodate Tenant's Leased Area, the total additional Common Area space. For purposes of this paragraph, "Leased Area" shall mean all floor area in a tenant space, measured to the inside glass surface of exterior Building walls, to the center of corridors and other permanent partitions, and to the center of partitions that separate tenant space from adjoining tenant spaces, without deduction for columns and projections necessary to the Building; and "Common Area" shall mean the total area on a floor consisting of restrooms, janitor, telephone and electrical closets, mechanical areas and public corridors providing access to tenant space on such floor, but excluding public stairs, elevator shafts and pipe shafts. View More
Rentable Area. As to both the Premises and the Project, the respective measurements of net rentable floor area includes Tenant's proportionate share of common areas, internal useable open air courtyards, lobby, circulation areas and parking lots that are allocated to each tenant as may from time to time be subject to lease to Tenant and all tenants of the Project, as determined by Landlord and applied on a consistent basis throughout the Project.
Rentable Area. As to both the Premises and the Project, the respective measurements of floor area as may from time to time be subject to lease by Tenant and all tenants of the Project, respectively, as determined by Landlord and applied on a consistent basis throughout the Project.
Rentable Area. The rentable area of the Premises and the Building as reasonably determined by Landlord. The parties agree that for all purposes under this Lease, the Rentable Area of the Premises and the Building shall be deemed to be the number of rentable square feet identified in the Basic Lease Information
Rentable Area. 1,844 square feet.
All Definitions