Vacate Space Possession Factor

Example Definitions of "Vacate Space Possession Factor"
Vacate Space Possession Factor. Shall mean, (i) for each portion of Vacate Space surrendered to Purchaser prior to the date on which a calculation of Holdover Damages Amount is made, the product of (a) the Possession Period for such Vacate Space multiplied by (b) the Net Rentable Area of such Vacate Space and (ii) for any Vacate Space not surrendered to Purchaser as of the date on which a calculation of Holdover Damages Amount is made, the product of (a) the number of days between the Closing Date and the date of such... calculation multiplied by (b) the Net Rentable Area of the Vacate Space not surrendered to Purchaser as of such date; provided that the Vacate Space Possession Factor for any Vacate Space surrendered by Seller to Purchaser on the Closing Date shall equal zero. View More Arrow
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