This office lease clause lists a way to provide for variances between the rentable area of a "to be built" demised premises and the actual area after construction.
Ohio Remeasurement Clause Used When Variances Exist Between the Rentable and Actual Area of a Space to be Built
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US-OL706A
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There is a subtle difference between the term remeasurement and the term admeasurement, in that remeasurement refers to the entire process of measuring again the quantities of work undertaken, whereas admeasurement refers only to the difference between the estimated quantity and the actual quantity. Remeasurement - Designing Buildings Wiki designingbuildings.co.uk ? wiki ? Remeasur... designingbuildings.co.uk ? wiki ? Remeasur...
A Standard Clause defining the leased premises for a commercial real estate lease with language allowing the parties to remeasure the premises. A tenant's right to remeasure is generally a tenant-favorable concept, but this Standard Clause offers a landlord-friendly alternative for remeasurement. Leased Premises Definition and Right to Remeasure (Commercial Lease ... westlaw.com ? document ? Leased-Pr... westlaw.com ? document ? Leased-Pr...
Tenant's Premises . A portion of the first floor of the Building in ance with the floor plan attached hereto as Exhibit E and incorporated herein by reference.
Leased Premises means an area forming part of the Property, assigned to the LESSEE for its exclusive use under this Contract, per Lease Schedule.
