Common use of MEASUREMENT OF SPACE Clause in Contracts

MEASUREMENT OF SPACE. Useable Area shall be determined by application of the most recent version of American National Standard’s Institute (ANSI) standard Z65. 1. The factor used to increase Useable Square Feet to Rentable Square Feet represents the common area of the Building and the free use of other Corporate Research Center assets including conference rooms, audio-visual equipment, display units and recreational amenities. Because of these extra amenities, the factor used is not necessarily the same one that would be derived by use of ANSI standard Z65.1 and therefore Rentable Square Feet is not equal to the ANSI definition of Rentable Square Feet.

Appears in 2 contracts

Sources: Lease (New River Pharmaceuticals Inc), Lease (New River Pharmaceuticals Inc)

MEASUREMENT OF SPACE. Useable Area shall be determined by application of the most recent version of American National Standard’s Institute (ANSI) standard Z65. 1. The factor used to increase Useable Square Feet to Rentable Square Feet represents the common area of the Building and the free use of other Corporate Research Center assets including conference rooms, audio-visual equipment, display units and recreational amenities. Because of these extra amenities, the factor used is not necessarily the same one that would be derived by use of ANSI standard Z65.1 and therefore Rentable Square Feet is not equal to the ANSI definition of Rentable Square Feet.

Appears in 1 contract

Sources: Modification of Lease (Luna Innovations Inc)