Tenant's Percentage Definitions from Business Contracts | Business Dictionary

Tenant's Percentage. Commencing with Year 2 and all renewals thereafter; Eight and 12/100ths percent (8.12%), the percentage equivalent to a fraction having as its numerator the number of square feet in the Premises (inclusive of a Twelve percent (12%) core factor) and as its denominator the number of square feet of rentable floor space in the Building (i.e. 31,751 square feet).

Found in BAY BANCORP, INC. contract

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Tenant's Percentage. Commencing with ~~Year~~ Renewal option 1, Renewal Option 2 and ~~all renewals thereafter; Eight~~ Renewal Option 3; Three and ~~12/100ths~~ 38/100ths percent ~~(8.12%),~~ (3.38%), the percentage equivalent to a fraction having as its numerator the number of square feet in the Premises (inclusive of a Twelve percent (12%) core factor) and as its denominator the number of square feet of rentable floor space in the Building (i.e. 31,751 square feet).

Found in BAY BANCORP, INC. contract

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Tenant's Percentage. Eightyfour and seven tenths percent (84.7%) being the percentage of the total area of the Building contained within the Rentable Area.

Found in ENPATH MEDICAL, INC. contract

Tenant's Percentage. Shall be that percentage determined by dividing the rentable area of the Premises by the total rentable area of the Building and multiplying the result by 100. Tenant's Percentage is agreed to be twenty-two and 60/100ths percent (22.60%) for the purpose of this Lease.

Found in Ubiquiti Networks, Inc. contract

Tenant's Percentage. Tenant's Percentage shall be that percentage determined by dividing the area of the Premises by the total area of the Building and multiplying the result by 100. Tenant's Percentage shall be sixty-six and 15/100ths percent (66.15%).

Found in VOCERA COMMUNICATIONS, INC. contract

Tenant's Percentage. (i) Tenant's Building Percentage. The percentage of the area of the Premises to the total area of the Building. Tenant's Building Percentage is agreed to be three and 11/100 percent (3.11%) for the purpose of this Lease. (ii) Tenant's Project Percentage. The percentage of the area of the Premises to the total area of all of the buildings on the Project. Tenant's Project Percentage is agreed to be one and 11/100 percent (1.11%) for the purpose of this Lease.

Found in VirnetX Holding Corp contract

Tenant's Percentage. The percentage of the area of the Premises to the area of the Building. Tenant's Percentage is agreed to be forty-two and eighty one-hundredths percent (42.80%) for the purpose of this Lease, until such time as additional buildings are made a part of the Project and such percentage is adjusted.

Found in Brooks Automation, Inc. contract