A term used to describe the result of subtracting Major Vertical Penetrations from Gross Measured Area on a floor. This is different than the Rentable Area of the floor, which may include a pro-rata portion of other Common Area.
Shall mean the result of subtracting from the BOMA's Gross measured Area of a floor the Major Vertical Penetrations on that same floor. It is generally fixed for the life of the building and is rarely affected by changes in corridor size or configuration.
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