Common use of Rentable Area of the Premises Clause in Contracts

Rentable Area of the Premises. Upon completion of Landlord’s work, the Rentable Area of the Premises will be determined by Landlord by actual measurement and application of Landlord’s standard method for determining Rentable Area of building in the Park. Landlord agrees to give Tenant notice of the determination of Rentable Area of the Premises together with a computation of the resulting adjustments, if any, in Basic Rent, Tenant’s Share and Initial Monthly Payment.

Appears in 3 contracts

Sources: Space Lease (Accentia Biopharmaceuticals Inc), Space Lease (Accentia Biopharmaceuticals Inc), Space Lease (Accentia Biopharmaceuticals Inc)