Common use of Measurement of the Premises Clause in Contracts

Measurement of the Premises. Upon Substantial Completion, Landlord's architect shall certify, by its review of the Approved Construction Documents and its examination of the Building, the Building's square footage (the "BSQ"). If such measurement is less than 49,870 square feet, the Minimum Annual Rent shall be recalculated by multiplying the BSQ times $14.25, which rent shall be escalated annually at the rate of 2.75%.

Measurement of the Premises. Upon Substantial Completion, Landlord's architect shall certify, by its review of the Approved Construction Documents and its examination of the Building, the Building's square footage (the "BSQ"). If such measurement is less than 49,870 square feet, the Minimum Annual Rent shall be recalculated by multiplying the BSQ times $14.2513.20, which rent shall be escalated annually at the rate sixth year by 13.64% for the balance of 2.75%the Term.