Tenant's Prorata Share

Example Definitions of "Tenant's Prorata Share"
Tenant's Prorata Share. A fraction, the numerator of which is the number of square feet of Rentable Area in the Premises and the denominator of which is the number of square feet of Rentable Area in the Building. Tenant's Prorata Share at the beginning of the Lease Term shall be 6.955%, calculated on the basis of the initial Rentable Area of the Premises on the date hereof. Tenant's Prorata Share shall be adjusted each time the Rentable Area in the Premises is increased.
All Definitions