Area of Leased Premises Clause Samples

The "Area of Leased Premises" clause defines the specific physical space within a property that is being leased to the tenant. It typically details the exact boundaries, measurements, and sometimes the location (such as suite number or floor) of the leased area, ensuring both parties are clear on what is included in the lease. This clause is essential for determining rent calculations, maintenance responsibilities, and access rights, thereby preventing disputes over the extent of the tenant's rights to use the property.
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Area of Leased Premises approximately 11,596 square feet, comprising a portion of the main and mezzamine floors of the Building.
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Area of Leased Premises approximately 10,900 square feet comprising a portion of the ground floor of the Building, subject to measurement in accordance with Section 19.02 hereof. ..02
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Area of Leased Premises. The Area of the Leased Premises is approximately 15,364 square feet, subject to adjustment upon the actual Net Rentable Area of Leased Premises being determined by a certified British Columbia Land Surveyor following completion of the Tenant's Work or any subsequent construction by Tenant.
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Area of Leased Premises. The areas within the City Hall Complex which are the subject of this Lease are limited as follows: (1) The office space within City Hall identified on Exhibit A, located at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇; and (2) The parking areas adjacent to City Hall as identified on Exhibit B.
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Area of Leased Premises. The parties agree and acknowledge that as and from the Effective Date the Area of Leased Premises consists of a total rentable area of 94,135 square feet consisting of: (a) 23,069 square feet (2nd floor); (b) 23,082 square feet (3rd floor); (c) 23,130 square feet (4th floor); (d) 21,802 square feet (5th floor); and (e) 3,052 square feet (6th floor).
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Area of Leased Premises. The Gross Leasable Area of the Leased Premises shall be calculated and certified by the Architect or an independent qualified surveyor selected by the Landlord. Within sixty (60) days following the Date of Substantial Completion of the Building, the Landlord shall provide to the Tenant a certificate of the Architect or a duly qualified surveyor as to the Gross Leasable Area of the Leased Premises and the Gross Leasable Area of the Building. Following issuance of the certificate, Minimum Annual Rent payable by the Tenant pursuant to this Lease shall be adjusted accordingly and the Landlord or Tenant, as applicable, shall forthwith pay to the other any adjustment in Minimum Annual Rent previously paid as a consequence of such calculation and shall adjust the amount of the deposit made under Section 4.06 as a consequence of such calculation. Any dispute concerning the certification of the Gross Leasable Area of the Leased Premises shall be determined by arbitration provided that until a determination is made by arbitration the Tenant shall pay to the Landlord Minimum Annual Rent calculated on the basis of the Architect's or surveyor's certification subject to retroactive adjustment following arbitration.
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Area of Leased Premises a certified rentable area of 11,035 square feet comprising a portion of the ground floor of the Building.". (b) Basic Term .02 of the Lease is amended by deleting the figures "$168,950.00", "$14,079.17", "$190,750.00" and "$15,895.83" and replacing with the figures "$171,042.50", "$14,253.54", "$193,112.50", "$16,092.71" respectively. (c) Article 17.01 of the Lease is amended by deleting "Bentall Property Management" and replacing with "Bentall Real Estate Services (Canada) Ltd.".
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Area of Leased Premises. Landlord and Tenant agree that the rentable area of the Leased Premises for all purposes under this Lease shall be the Rentable Area specified in Article 1.8 above. 3.
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Area of Leased Premises approximately 40,000 square feet comprising the entire 3rd floor and a portion of the 2nd floor of the Building, subject to measurement in accordance with Section 19.02 hereof. ..02 Basic Rent: Years one to five: $660,000.00 per annum, payable in equal monthly instalments of $55,000.00, based on an annual rate of $16.50 per square foot of the Area of Leased Premises; and Years six to ten plus one month: $740,000.00 per annum, payable in equal monthly instalments of $61,666.67, based on an annual rate of $18.50 per square foot of the Area of Leased Premises. ..03
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Related to Area of Leased Premises

  • USE OF LEASED PREMISES The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

  • Subleased Premises Sublandlord does hereby sublease to Subtenant, and Subtenant does hereby sublease and rent from Sublandlord, (i) the Space and (ii) all permanent improvements within the Space constructed by Landlord or by or on behalf of Sublandlord (collectively, the “Subleased Premises”). Subtenant shall have the right to use in common with Sublandlord and others entitled thereto the common areas of the Project pursuant to the Lease. In addition, subject to the terms, covenants and conditions of this Sublease, Subtenant shall have the exclusive right to use during the Sublease Term (defined below), free of charge, the furniture, fixtures and equipment more particularly described on Schedule A annexed hereto and made a part hereof (the “Personal Property”) located in the Space. Subtenant shall have no obligation whatsoever to repair, replace or maintain the Personal Property, unless any damage thereto is caused by the negligence or willful misconduct of Subtenant. Provided that there is no change in the size of the Subleased Premises between the date of this Sublease and the Commencement Date (defined below) (e.g., there has been no change in the size of the Subleased Premises by reason of any damage or destruction to or condemnation of the Subleased Premises), the parties hereby (i) stipulate that the Space shall be deemed to contain approximately 19,997 rentable square feet upon delivery of the Space by Sublandlord to Subtenant (the “Space Measurement”), (ii) agree that neither party shall have any right to dispute the Space Measurement and (iii) waive any claim in connection with the Space Measurement, regardless of whether the Space is found to have contained more or less than 19,997 rentable square feet upon delivery of the Space to Subtenant. Sublandlord represents and warrants for the benefit of Subtenant that the rentable square footage of the Space was not remeasured pursuant to Section 4 of the Second Amendment and that Sublandlord pays Base Rental for the Space under the Lease and Tenant’s Forecast Additional Rental and Tenant’s Additional Rental for the Space under the Lease on the basis of the Space consisting of 19,997 rentable square feet.

  • Leased Premises Lessor hereby leases to Lessee, and Lessee leases and takes from Lessor, the Leased Premises subject to the conditions of this Lease.

  • DESCRIPTION OF LEASED PREMISES The Lessor agrees to lease to the Lessee the following described square feet (SF) of Additional Description: Hereinafter known as the “Premises”.

  • Condition of Leased Premises Tenant hereby acknowledges that ▇▇▇▇▇▇ has examined the leased premises prior to the signing of this Lease, or knowingly waived said examination. Tenant acknowledges that Tenant has not relied on any representations made by Landlord or Landlord’s agents regarding the condition of the leased premises and that Tenant takes premises in its AS-IS condition with no express or implied warranties or representations beyond those contained herein or required by applicable Georgia law. ▇▇▇▇▇▇ agrees not to damage the premises through any act or omission, and to be responsible for any damages sustained through the acts or omissions of Tenant, ▇▇▇▇▇▇’s family or ▇▇▇▇▇▇’s invitees, licensees, and/or guests. If such damages are incurred, Tenant is required to pay for any resulting repairs at the same time and in addition to the next month’s rent payment, with consequences for non-payment identical to those for non- payment of rent described herein. At the expiration or termination of the Lease, Tenant shall return the leased premises in as good condition as when taken by Tenant at the commencement of the lease, with only normal wear-and-tear excepted. Any modification of this lease shall not be binding upon Landlord unless in writing and signed by Landlord or Landlord’s authorized agent. No oral representation shall be effective to modify this Lease. If, as per the terms of this paragraph, any provision of this lease is newly added, modified, or stricken out, the remainder of this Lease shall remain in full force and effect.