Common use of Abatement of Rent; Tenant’s Remedies Clause in Contracts

Abatement of Rent; Tenant’s Remedies. (a) In the event Landlord repairs or restores the Building or Premises pursuant to the provisions of this paragraph 9, and any part of the Premises are not usable (including loss of use due to loss of access or essential services), the rent payable hereunder (including Tenant’s Share of Operating Expense Increase) for the period during which such damage, repair or restoration continues shall be abated, provided (1) the damage was not the result of the negligence of Tenant, and (2) such abatement shall only be to the extent the operation and profitability of Tenant’s business as operated from the Premises is adversely affected. Except for said abatement of rent, if any Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction, repair or restoration.

Appears in 3 contracts

Samples: Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.), Office Lease (Obagi Medical Products, Inc.)

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Abatement of Rent; Tenant’s Remedies. (a) 8.5.1 In the event Landlord repairs or restores the Building or Premises pursuant to the provisions of this paragraph 9Section 8, and any part of the Premises are not usable useable (including loss of use due to loss of access or essential services), the rent payable hereunder (including Tenant’s 's Share of Operating Expense IncreaseExpenses) for the period during which such damage, repair or restoration continues shall be abated, provided (1) the damage was not the result of the negligence of Tenant, and (2) such abatement shall only be to the extent the operation and profitability of Tenant’s 's business as operated from the Premises is adversely affected. Except for said abatement of rent, if any any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction, repair or restoration.

Appears in 2 contracts

Samples: Work Letter Agreement (Convera Corp), Letter Agreement (Convera Corp)

Abatement of Rent; Tenant’s Remedies. (a) In the event Landlord repairs or restores the Building or Premises pursuant to the provisions of this paragraph 9, and any part of the Premises are not usable (including loss of use due to loss of access or essential services), the rent payable hereunder (including Tenant’s 's Share of Operating Expense Increase) for the period during which such damage, repair or restoration continues shall be abated, provided (1) the damage was not the result of the negligence of Tenant, and (2) such abatement shall only be to the extent the operation and profitability of Tenant’s 's business as operated from the Premises is adversely affected. Except for said abatement of rent, if any any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction, repair or restoration.

Appears in 1 contract

Samples: Standard Office Lease (Excalibur Technologies Corp)

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Abatement of Rent; Tenant’s Remedies. (a) 9.5.1 In the event Landlord repairs or restores the Building or Premises pursuant to the provisions of this paragraph 9, and any part of the Premises are not usable (including loss of use due to loss of access or essential services), the rent payable hereunder (including Tenant’s 's Share of Operating Expense Increase) for the period during which such damage, repair or restoration continues shall be abated, provided (1) the damage was not the result of the negligence of Tenant, and (2) such abatement shall only be to the extent the operation and profitability of Tenant’s 's business as operated from the Premises is adversely affected. Except for said abatement of rent, if any any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction, repair or restoration.

Appears in 1 contract

Samples: Office Lease (Quespasa Com Inc)

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