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

Abatement of Rent; Tenant’s Remedies. In the event of damage described in Sections 9.02, or 9.03 hereof, and Landlord or Tenant repairs or restores the Premises pursuant to the provisions of this Section 9, the Rent payable hereunder for the period during which such damage, repair or restoration continues shall be abated in proportion to the degree to which Tenant’s use of the Premises is impaired. 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, repair or restoration, unless such damage was caused by the gross negligence or willful misconduct of Landlord or its agents. If Landlord shall be obligated to repair or restore the Premises under the provisions of this Section 9 and shall not commence such repair or restoration within ninety (90) days after such obligations shall accrue, Tenant may, at Tenant’s option, cancel and terminate this Lease by giving Landlord written notice of Tenant’s election to do so at any time prior to the commencement of such repair or restoration. In such event this Lease shall terminate as of the date of such notice.

Appears in 2 contracts

Samples: Lease (Control4 Corp), Lease (Control4 Corp)

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Abatement of Rent; Tenant’s Remedies. In (a) If the event of damage described in Sections 9.02, Premises are partially destroyed or 9.03 hereof, damaged and Landlord or Tenant repairs or restores the Premises them pursuant to the provisions of this Section 9Lease, the Rent rent payable hereunder for the period during which such damage, damage and repair or restoration continues shall be abated in proportion to the degree extent to which Tenant’s '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 Rentrent, if any, Tenant shall have no claim against Landlord for any damage suffered by reason of any such damage, destruction, repair destruction or restoration, unless such damage was caused by the gross negligence or willful misconduct of Landlord or its agents. (b) If Landlord shall be obligated to repair or restore the Premises under the provisions of this Section 9 14 and shall not commence such repair or restoration within ninety (90) days after such obligations obligation shall accrue, Tenant mayTenant, at Tenant’s 's option, may cancel and terminate this Lease by giving Landlord written notice of Tenant’s election to do so Landlord at any time prior to the commencement of such repair or restoration. In such event this event, the Lease shall terminate as of the date of such notice.. 14.7

Appears in 1 contract

Samples: Standard Lease Agreement (Intest Corp)

Abatement of Rent; Tenant’s Remedies. In the event of damage described in Sections 9.02, or 9.03 hereof, and Landlord or Tenant repairs or restores the Premises pursuant to the provisions of this Section 9, the Rent payable hereunder for the period during which such damage, repair or restoration continues shall be abated in proportion to the degree to which Tenant’s 's use of the Premises is impaired. 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, repair or restoration, unless such damage was caused by the gross negligence or willful misconduct of Landlord or its agents. If Landlord shall be obligated to repair or restore the Premises under the provisions of this Section 9 and shall not commence such repair or restoration within ninety thirty (9030) days after such obligations shall accrue, Tenant may, at Tenant’s 's option, cancel and terminate this Lease by giving Landlord written notice of Tenant’s 's election to do so at any time prior to the commencement of such repair or restoration. In such event this Lease shall terminate as of the date of such notice.

Appears in 1 contract

Samples: Industrial Lease (Rubicon Medical Corp)

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Abatement of Rent; Tenant’s Remedies. In the event of damage described in Sections 9.02, Paragraphs 12.2 or 9.03 hereof12.3, and Landlord or Tenant repairs or restores the Premises pursuant to the provisions of this Section 9paragraph, the Rent rent payable hereunder for the period during which such damage, repair or restoration continues shall be abated in proportion to the degree to which Tenant’s 's use of the Premises is impaired. Except for abatement of Rentrent, if any, Tenant shall have no claim against Landlord for to any damage suffered by reason of any such damage, destruction, repair repair, or restoration, unless such damage was caused by the gross negligence or willful misconduct of Landlord or its agents. If Landlord shall be obligated to repair or restore the Premises under the provisions of this Section 9 paragraph and shall not commence such repair or restoration within ninety (90) days after such obligations shall accrue, Tenant may, may at Tenant’s option, 's option cancel and terminate this Lease by giving Landlord written notice of Tenant’s 's election to do so at any time prior to the commencement of such repair or restoration. In such event this Lease shall terminate as of the date of such notice.

Appears in 1 contract

Samples: Lease Agreement

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