Common use of Proportionate Clause in Contracts

Proportionate. Share: Tenant’s initial Proportionate Share is 5.61% based on the ratio that the Rentable Area of the Leased Premises (i.e., 9,560 square feet) bears to the Rentable Area of the Building (i.e., 170,310 square feet).

Appears in 2 contracts

Sources: Office Lease, Office Lease (Puma Biotechnology, Inc.)

Proportionate. Share: Tenant’s initial Proportionate Share is 5.614.35% based on the ratio that the Rentable Area of the Leased Premises (i.e., 9,560 7,401 square feet) bears to the Rentable Area of the Building (i.e., 170,310 170,173 square feet).

Appears in 2 contracts

Sources: Office Lease (Tobira Therapeutics, Inc.), Office Lease (Tobira Therapeutics, Inc.)

Proportionate. Share: Tenant’s initial Proportionate Share is 5.6113.73% based on the ratio that the Rentable Area of the Leased Premises (i.e., 9,560 16,199 square feet) bears to the Rentable Area of the Building (i.e., 170,310 117,940 square feet).

Appears in 1 contract

Sources: Office Lease (Insweb Corp)