Lower Level Space definition

Lower Level Space means that certain space consisting of approximately 15,000 usable square feet in the lower level of the Building, which shall be made available to Tenant, if and to the extent permitted, for Tenant’s exclusive use for the purposes of (i) a cafeteria, (ii) meeting space, (iii) laboratory space, and (iv) exercise facility. The terms and conditions for the lease of the Lower Level Space are more fully described in Paragraph 3 of Exhibit E.
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Lower Level Space means the following suites in the Building, which are deemed to contain 6,859 rentable square feet in the aggregate and are shown on Exhibit A attached hereto: (i) Suite 016, which is deemed to contain 1,684 rentable square feet; and (ii) Suite 026, which is deemed to contain 5,175 rentable square feet.
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Lower Level Space means, subject to Article 22 hereof, (i) the portion of Lower Level 2 of the Building substantially as shown on the Schematic Drawings, and (ii) a portion of Lower Level 3 of the Building that is comprised of at least one thousand five hundred (1,500) square feet of Rentable Area and that otherwise conforms with the Work Exhibit.
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Examples of Lower Level Space in a sentence

  • Landlord and Tenant hereby acknowledge and agree that, notwithstanding anything to the contrary contained in the Existing Lease, the Lower Level Space is presently separately metered with respect to electricity usage and that the Expansion Premises are not presently separately metered with respect to electricity usage.

  • However, for the purposes of this Lease the rentable square footage of (i) the Third Floor Space will be 10,203, (ii) the Lower Level Space will be 4,968, and (iii) the Building will be 178,697 and not subject to re-measurement during the initial or any renewal term of this Lease.

  • Notwithstanding anything to the contrary in the Existing Lease, from and after the Expansion Premises Commencement Date, Tenant’s Proportionate Share shall be 11.32% (based upon the rentable square feet of the Premises (including the Third Floor Space, the Lower Level Space and the Expansion Premises) of approximately 20,227, and total rentable Building square footage of approximately 178,697 square feet).

  • Subject to and upon the terms set forth in this Lease, in addition to the Premises, Tenant shall also lease from Landlord and Landlord shall lease to Tenant during the Lease Term the Lower Level Space.

  • Tenant and Landlord hereby acknowledge and agree that, notwithstanding anything to the contrary contained in the Original Lease and the First Amendment: (a) the Rentable Area of the Building shall be deemed to be 111,748 square feet, (b) the Rentable Area of the Premises shall be deemed to be 111,748 square feet, and (c) the Lower Level Space shall be deemed to be 19,213 rentable square feet.

  • The terms and conditions of this Paragraph 3 are conditioned on Landlord or Tenant receiving the necessary City approvals for the use and occupancy of the Lower Level Space, or portions thereof.

  • Landlord hereby represents and warrants to Tenant that as of the date hereof RCPI Landmark is the fee owner of the 50 Building and this Section 11 and the terms and conditions contained herein that are applicable to the Lower Level Space shall be binding upon RCPI Landmark’s successors and assigns with respect to the 50 Building and any subsequent purchasers or owners of the 50 Building.

  • Commencing on the Expansion Premises Commencement Date, Tenant shall pay Base Rent with respect to the Lower Level Space in the amount of $[***] per rentable square foot of the Lower Level Space per year.

  • At all times during the term of the Lease, Tenant shall be directly responsible for the payment of all electrical and other utility services to the Lower Level Space.

  • Any contractors performing work in the Lower Level Space that are not contracted through Landlord shall be subject to Landlord’s prior approval.


More Definitions of Lower Level Space

Lower Level Space. That portion of the Building consisting of the entire lower level as depicted on the plan attached as Exhibit B and agreed by Landlord and Tenant for all purposes under this Lease to consist of an aggregate of approximately nineteen thousand seven hundred eighty-three (19,783) rentable square feet. The number of rentable square feet of the Lower Level Space as recited above shall be final, conclusive and controlling.
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Related to Lower Level Space

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Base Level means the following amounts plus the percentage

  • Third Level Domain means that portion of a domain name to the left of the second period from the right, if any, up to the third period from the right, if any, plus the Second Level Domain. (In the example, “▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇”.).

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.