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

Abatement of Rent; Tenant’s Remedies. (a) If the Premises are partially destroyed or damaged and Landlord or Tenant repairs them pursuant to this Lease, the rent payable hereunder for the period during which such damage and repair continues shall be abated in proportion to the extent to which Tenant's use of the Premises is impaired; provided, however there shall be no abatement of rent if the damage or destruction was caused by the fault, omission, negligence or willful misconduct of Tenant or any of its agents, employees or representatives. Except for abatement of rent, if any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction or restoration. (b) If Landlord shall be obligated to repair or restore the Premises under this Section 14 and shall not commence such repair or restoration within ninety (90) days after such obligation shall accrue, Tenant, at Tenant's option, may cancel and terminate this Lease by written notice to Landlord at any time prior to the commencement of such repair or restoration. In such event, the Lease shall terminate as of the date of such notice. 14.7

Appears in 1 contract

Samples: Lease Agreement (Intest Corp)

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Abatement of Rent; Tenant’s Remedies. (a) 10.5.1 If the Premises are is partially destroyed or damaged and Landlord or Tenant repairs them or restores it pursuant to the provisions of this LeaseSection 10, the rent payable hereunder for the period during which such damage and damage, repair or restoration continues shall be abated in proportion to the extent degree to which Tenant's use ’s uses of the Premises is impaired; provided, however there shall be no abatement of rent if the damage or destruction was caused by the fault, omission, negligence or willful misconduct of Tenant or any of its agents, employees or representatives. Except for abatement of rent, if any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction destruction, repair or restoration. (b) 10.5.2 If Landlord shall be obligated to repair or restore the Premises under the provisions of this Section 14 10 and shall not commence have commenced such repair or restoration within ninety Ninety (90) days after such obligation shall accruethe date of the damage, Tenantor if repair or restoration has not been completed within one hundred eighty (180) days after the date of the commencement of the repairs, Tenant may, at Tenant's ’s option, may cancel and terminate this Lease by giving Landlord written notice of Tenant’s election to Landlord do so at any time prior to the commencement of such repair or restorationrestoration or within ten (10) days after the expiration of such 180-day, as the case may be . In such event, the event this Lease shall terminate as of the date of such notice. 14.7.

Appears in 1 contract

Samples: Industrial Lease Agreement (CF Finance Acquisition Corp II)

Abatement of Rent; Tenant’s Remedies. (a) If the Premises are partially destroyed or damaged and Landlord or Tenant repairs them pursuant to this Lease, the rent payable hereunder for the period during which such damage and repair continues shall be abated in proportion to the extent to which Tenant's use of the Premises is impaired; provided, however there shall be no abatement of rent if the damage or destruction was caused by the fault, omission, negligence or willful misconduct of Tenant or any of its agents, employees or representatives. Except for abatement of rent, if any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction or restoration. (b) If Landlord shall be obligated to repair or restore the Premises under this Section 14 and shall not commence such repair or restoration within ninety (90) days after such obligation shall accrue, Tenant, at Tenant's option, may cancel and terminate this Lease by written notice to Landlord at any time prior to the commencement of such repair or restoration. In such event, the Lease shall terminate as of the date of such notice. 14.7.

Appears in 1 contract

Samples: Lease Agreement (Leapfrog Enterprises Inc)

Abatement of Rent; Tenant’s Remedies. (a) If the Premises are partially destroyed or damaged and Landlord or Tenant repairs them pursuant to this Lease, the rent payable hereunder for the period during which such damage and repair continues shall be abated in proportion to the extent to which Tenant's ’s use of the Premises is impaired; provided, however however, there shall be no abatement of rent if the damage or destruction was caused by the fault, omission, negligence or willful misconduct of Tenant or any of its agents, employees or representativesAgents. Except for abatement of rent, if any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction or restoration. (b) If Landlord shall be obligated to repair or restore the Premises under this Section Paragraph 14 and shall not commence such repair or restoration within ninety (90) days after such obligation shall accrue, Tenant, at Tenant's ’s option, may cancel and terminate this Lease by written notice to Landlord at any time prior to the commencement of such repair or restoration. In such event, the Lease shall terminate as of the date of such notice. 14.7.

Appears in 1 contract

Samples: Lease Agreement (1st Pacific Bancorp)

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Abatement of Rent; Tenant’s Remedies. (a) If the Premises are partially destroyed or damaged and Landlord or Tenant repairs them pursuant to this Lease, the rent payable hereunder for the period during which such damage and repair continues shall be abated in proportion to the extent to which Tenant's use of the Premises is impaired; provided, however there shall be no abatement of rent if the damage or destruction was caused by the fault, omission, negligence or willful misconduct of Tenant or any of its agents, employees or representatives. Except for abatement of rent, if any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damagedamages, destruction destruction, repair or restorationrestoration unless the damage is caused by the intentional acts or gross negligence of Landlord or its agents, employees or contractors. (b) If Landlord shall be obligated to repair or restore the Premises under this Section 14 and 13and shall not commence such repair or restoration within ninety (90) days after such obligation shall accrue, Tenant, Tenant at Tenant's option, option may cancel and terminate this Lease by written notice to Landlord at any time prior to the commencement of such repair or restoration. In such event, the event this Lease shall terminate as of the date of such notice. 14.7.

Appears in 1 contract

Samples: Industrial Lease Agreement (Titan Motorcycle Co of America Inc)

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