Minimum Area definition

Minimum Area the minimum area upon which the annual License Fee is based under this Agreement, or upon which the TLA Fee is based if, in either case, the actual floor area of the Deemed Area or the Related Party Space is less than the minimum area.
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Minimum Area the minimum area upon which the annual License Fee is based under this Agreement, or upon which the TLA Fee is based if, in either case, the actual floor area of the Deemed Area or the Related Party Space is less than the minimum area. "POP Room Equipment": cabinets, racks electronic equipment, panels and other equipment intended to provide telecommunications services to tenants and occupants of the Building.
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Examples of Minimum Area in a sentence

  • Beginning in the calendar year following the first January 1 after Substantial Completion and continuing until the Loan is paid in full, Developer agrees to make or cause to be made payments of Real Estate Taxes on the Tax Minimum Area in the amounts not less than set forth on Exhibit F.

  • Notwithstanding Section 19, if Developer conveys all or a portion of the Tax Minimum Area to a third-party purchaser, then Developer may, as part of that conveyance, assign all or a pro-rata portion of the Developer Obligations Agreement to the purchaser.

  • Nothing in this Agreement or the Developer Obligations Agreement shall be deemed to release Developer from any obligation to pay Real Estate Taxes or Assessments on the Tax Minimum Area regardless of when payable or assessed.

  • Beginning upon Developer’s receipt of the first Loan Proceeds and continuing until the calendar year following the first January 1 after Substantial Completion, if the semi-annual taxes assessed and paid on the Tax Minimum Area are less than the amount needed to pay the semi-annual Initial Loan Payment, then Developer agrees to make or cause to be made payments to the RDC equal to the amount needed to satisfy the semi-annual Initial Loan Payment.

  • Upon Closing, this Agreement shall be recorded against and shall run with the Tax Minimum Area and shall be binding on successors in title to the Tax Minimum Area.

  • Minimum Area of Consideration - The narrowest area of consideration from which the search for qualified candidates may be made.

  • Minimum Area: 160,000 sf of office floor area, inclusive of approximately 157,000 net rentable square feet of office space.

  • Landlord shall give such notice notwithstanding the fact that the applicable Outside Delivery Dates may have been extended by reason of Force Majeure, if any delay caused by Force Majeure is of such a nature that Landlord can reasonably make up or reduce the period of the delay caused by Force Majeure, in order to cause the Shell Completion Date for at least the Minimum Area to occur on or before the applicable Outside Delivery Dates as provided above.

  • Section 3.2 (International Place Leases), Section 3.3.6 (International Place Lease Extension), 3.3.7 (Shell Completion), 3.3.8 (Minimum Area), Section 3.4 (Steel Erection), Article 22 (Options to Expand) and Article 23 (Garage) of the Lease are hereby deleted.

  • Landlord may require Tenant to use overtime labor and/or to take other time saving measures specified by Landlord to expedite the completion of Tenant’s Work with respect to the Minimum Area.

Related to Minimum Area

  • Slum area means any area where dwellings predominate which, by reason of depreciation, overcrowding, faulty arrangement or design, lack of ventilation, light or sanitary facilities, or any combination of these factors, are detrimental to the public safety, health or morals.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Passenger area means the area designed to seat the driver and passengers while a motor vehicle is in operation and any area that is readily accessible to the driver or a passenger while in his or her seating position, including but not limited to any type of glove or storage compartment accessible to passengers or driver.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • the LA area means the area in respect of which is the local authority.