Abatement of Rent. In the event of a taking of the Premises which does not result in a termination of this Lease (other than a temporary taking), then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Premises so taken (less any addition to the area of the Premises by reason of any reconstruction) bears to the area of the Premises immediately prior to such taking.
Appears in 4 contracts
Samples: Lease Agreement (Forescout Technologies, Inc), Lease Agreement (Forescout Technologies, Inc), Lease Agreement (Silver Spring Networks Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking)Lease, then, as of the date possession is taken by the condemning authority, the Base Monthly Rent (and any Additional Rent) shall be reduced abated in proportion to the same proportion that degree to which, and during the area period of that part time for which, Tenant’s use of the Leased Premises so taken (less any addition to the area of the Premises by reason of any reconstruction) bears to the area of the Premises immediately prior to such takingis impaired.
Appears in 3 contracts
Samples: Lease Agreement (Lsi Logic Corp), Lease Agreement (Lsi Logic Corp), Lease Agreement (Lsi Logic Corp)
Abatement of Rent. In Except in the event case of a taking of the Premises which does not result in a termination of this Lease (other than a temporary taking), thenif any portion of the Leased Premises is taken by Condemnation and this Lease is not terminated, then as of the date possession is taken by the condemning authoritytaken, the Base Monthly Rent shall be reduced in the same proportion that the area square footage of that part of the Leased Premises so taken (less any addition to the area of the Premises thereto by reason of any reconstruction) bears to the area original square footage of the Premises immediately prior to such takingLeased Premises.
Appears in 3 contracts
Samples: Lease Agreement (Knightscope, Inc.), Lease Agreement (Knightscope, Inc.), Lease Agreement (Spectrum Pharmaceuticals Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking)Lease, then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 3 contracts
Samples: Industrial Space Lease (Mattson Technology Inc), Lease Agreement (Allion Healthcare Inc), Industrial Space Lease (Mattson Technology Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking), then, as of the date possession is taken by the condemning authority, the Base Monthly Rent and Additional Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 2 contracts
Samples: Lease Agreement (Cardiodx Inc), Lease Agreement (Cardiodx Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking), then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 2 contracts
Samples: Lease Agreement (Adept Technology Inc), Lease Agreement (Adept Technology Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than including a temporary taking), then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 2 contracts
Samples: Lease Agreement (Cardium Therapeutics, Inc.), Lease Agreement (Copper Mountain Networks Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking), then, as of the date possession is taken by the condemning authority, the Base Monthly Rent and Property Operating Expenses shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 2 contracts
Samples: Office Lease (Cortina Systems Inc), Office Lease (PMC Sierra Inc)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking), then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.. Building E
Appears in 1 contract
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking)Lease, then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstructionreconstruction after such addition is available for Tenant’s use) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 1 contract
Abatement of Rent. In Except in the event case of a taking temporary taking, if any ----------------- portion of the Premises which does not result in a termination of is taken by Condemnation and this Lease (other than a temporary taking)is not terminated, then, then as of the date possession is taken by the condemning authoritytaken, the Base Monthly Rent shall be reduced in the same proportion that the area of that part value of the Premises so taken (less any addition to the area of the Premises thereto by reason of any reconstruction) bears to the area value of the Premises immediately prior to such takingremainder of the Premises.
Appears in 1 contract
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking)Lease, then, as of the date possession is taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking. In the case of a temporary taking, such abatement shall only continue during the pendency of the temporary taking.
Appears in 1 contract
Samples: Sublease (Equinix Inc)
Abatement of Rent. In Except in the event case of a taking temporary taking, if any portion of the Premises which does not result in a termination of is taken by Condemnation and this Lease (other than a temporary taking)is not terminated, then, then as of the date possession is taken by the condemning authoritytaken, the Base Monthly Rent and Additional Rent shall be equitably reduced in proportion to the same proportion that reduction in the area of that part fair market rental value of the Premises so taken (less any addition to the area as a consequence of the Premises by reason of any reconstruction) bears to the area of the Premises immediately prior to such takingCondemnation.
Appears in 1 contract
Samples: Lease (Amnis Systems Inc)
Abatement of Rent. In the event of a taking Taking of the Premises which does not result in a termination of this Lease (other than a temporary takingTaking), then, as of the date possession is taken Taken by the condemning authority, the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Premises so taken Taken (less any addition to the area of the Premises by reason of any reconstruction) bears to the area of the Premises immediately prior to such takingTaking.
Appears in 1 contract
Samples: Lease (LumiraDx LTD)
Abatement of Rent. In the event of a taking of the Leased Premises which does not result in a termination of this Lease (other than a temporary taking)Lease, then, as of the date possession is taken by the condemning authority, the Base Monthly Rent and Additional Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason of any reconstruction) bears to the area of the Leased Premises immediately prior to such taking.
Appears in 1 contract
Samples: Lease Agreement (Personalis, Inc.)