Common use of Abatement and Termination Clause in Contracts

Abatement and Termination. It is agreed between the Landlord and the Tenant that: (a) in the event of damage to the Leased Premises or to the Building and if the damage is such that the Leased Premises or any substantial part thereof is rendered not reasonably capable of use and occupancy by the Tenant for the purposes of its business for any period of time in excess of ten days, then: (i) unless the damage was caused by the fault or negligence of the Tenant or its employees or others under its control, from and after the date of occurrence of the damage and until the Leased Premises are again reasonably capable of use and occupancy as aforesaid, rent shall xxxxx from time to time in proportion to the part or parts of the Leased Premises not reasonably capable of such use and occupancy, and (ii) unless this Lease is terminated as hereinafter provided, the Landlord or the Tenant, as the case may be (according to the nature of the damage and their respective obligations to repair as provided in Section 6.01 and 6.

Appears in 2 contracts

Samples: Lease Agreement (Infowave Software Inc), Lease Agreement (Infowave Software Inc)

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Abatement and Termination. It is agreed between the Landlord and the Tenant that: (a) in the event of damage to the Leased Premises or to the Building and if the damage is such that the Leased Premises or any substantial part thereof is rendered not reasonably capable of use and occupancy by the Tenant for the purposes of its business for any period of time in excess of ten days, then: (i) unless the damage was caused by the fault or negligence of the Tenant or its employees or others under its control, from and after the date of occurrence of the damage and until the Leased Premises are again reasonably capable of use and occupancy as aforesaid, rent [rent] [Language in brackets struck out in original] Basic Rent, Operating Costs and Taxes shall xxxxx from time to time in proportion to the part or parts of the Leased Premises not reasonably capable of such use and occupancy, and (ii) unless this Lease is terminated as hereinafter provided, the Landlord or the Tenant, as the case may be (according to the nature of the damage and their respective obligations to repair as provided in Section 6.01 and 6.

Appears in 1 contract

Samples: Lease Agreement (Infowave Software Inc)

Abatement and Termination. It is agreed between the Landlord and the Tenant that: (a) in the event of damage to the Leased Premises or to the Building and if the damage is such that the Leased Premises or any substantial part thereof is rendered not reasonably capable of use and occupancy by the Tenant for the purposes of its business for any period of time in excess of ten (10) days, then: (i) unless the damage was caused by the fault or negligence of the Tenant or its employees or others under its control, from and after the date of occurrence of the damage and until the Leased Premises are again reasonably capable of use and occupancy as aforesaid, rent shall xxxxx from time to time in proportion to the part or parts of the Leased Premises not reasonably capable of such use and occupancy, and (ii) unless this Lease is terminated as hereinafter provided, the Landlord or the Tenant, as the case may be (according to the nature of the damage and their respective obligations to repair as provided in Section 6.01 and 6.

Appears in 1 contract

Samples: Lease (Spectrum Signal Processing Inc)

Abatement and Termination. It is agreed between the Landlord and the Tenant that: (a) that in the event of damage to the Leased Premises or to the Building and Building: (a) if the damage is such that the Leased Premises or any substantial part thereof is of them are rendered not reasonably capable of use and occupancy by the Tenant for the purposes of its business for any period of time in excess of ten days[redacted], then: (i) unless the damage was caused by the fault or negligence of the Tenant or its employees employees, invitees, or others under its control, from and after the date of occurrence of the damage and until the Leased Premises are again reasonably capable of use and occupancy as aforesaidspecified, rent shall Rent will xxxxx from time to time in proportion to the part or parts of the Leased Premises not reasonably capable of such use and occupancy, and (ii) unless this Lease is terminated as hereinafter provided, the Landlord or the Tenant, as the case may be (according to the nature of the damage and their respective obligations to repair as provided in Section 6.01 and 6.clauses 7.1 and

Appears in 1 contract

Samples: Lease Agreement (Aurinia Pharmaceuticals Inc.)

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Abatement and Termination. It is agreed between the Landlord and the Tenant that: (a) that in the event of damage to the Leased Premises or to that is not as a result of reasonable wear and tear and, if applicable, the Building and License Area: (a) if the damage is such that the Leased Premises and, if applicable, the License Area or any substantial part thereof is are rendered not reasonably capable of use and occupancy by the Tenant for the purposes of its business for any period of time in excess of ten (10) days, then: (i) unless the damage was caused by the fault or of negligence of the Tenant or its employees employees, invitees, or others under its controlcontrol and the damage is not covered by insurance, from and after the date of occurrence of the damage and until the Leased Premises and, if applicable, the License Area are again reasonably capable of use and occupancy as aforesaid, rent Rent shall xxxxx from time to time in proportion to the part or parts of the Leased Premises and, if applicable, the License Area not reasonably capable of such use and occupancy, ; and (ii) unless this Lease is terminated as hereinafter provided, the Landlord or the Tenant, as the case may be (according to the nature of the damage and their respective obligations to repair as provided in Section 6.01 and 6.clauses 7.1 and

Appears in 1 contract

Samples: Municipal Facility Lease

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