Common use of Abatement of Rents Clause in Contracts

Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 and .03 of this Article, the portion of the rent attributable to untenable Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Premises can be re-occupied. Notwithstanding the foregoing, in the event the Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Premises damaged or destroyed as a result of Company’s act or omission.

Appears in 20 contracts

Samples: Space Rental Agreement, Space Rental Agreement, Cargo Building Space Rental Agreement

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Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 19.02 and .03 of this Article19.03, the portion of the rent Rents attributable to untenable Company Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Company Premises can be re-occupied. Notwithstanding the foregoing, in the event the Company Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges Rents will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Company Premises damaged or destroyed as a result of Company’s act or omission.

Appears in 14 contracts

Samples: Space Rental Agreement, Space Rental Agreement, Space Rental Agreement

Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 19.02 and .03 of this Article19.03, the portion of the rent Rents attributable to untenable Company Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Company Premises can be re-occupied. Notwithstanding the foregoing, in the event the Company Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges Rents will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Company Premises damaged or destroyed as a result of Company’s act or omission.. SAMPLE

Appears in 5 contracts

Samples: Space Rental Agreement, Space Rental Agreement, Space Rental Agreement

Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 19.02 and .03 of this Article19.03, the portion of the rent Rents attributable to untenable Company Premises will xxxxx wxxx xbate from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Company Premises can be re-occupied. Notwithstanding the foregoing, in the event the Company Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges Company’s Rents will not xxxxxxxx abate, and Company will be responsible for all costs to repair or rebuild that portion of the Company Premises damaged or destroyed as a result of Company’s Company’s act or omission.

Appears in 1 contract

Samples: Space Rental Agreement

Abatement of Rents. SAMPLE In the event of extensive damage or complete destruction as referenced in Sections .02 and .03 of this Article, the portion of the rent attributable to untenable Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Premises can be re-occupied. Notwithstanding the foregoing, in the event the Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Premises damaged or destroyed as a result of Company’s act or omission.

Appears in 1 contract

Samples: Ground Service Equipment Facilities Space Rental Agreement

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Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 and .03 of this Article, the portion of the rent Rents attributable to untenable Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company Lessee that the untenable portion of the Premises can be re-occupied. Notwithstanding the foregoing, in the event the Premises are damaged or destroyed as a result of the act or omission of CompanyLessee, including negligence, CompanyXxxxxx’s Rents, Rents and fees and charges will not xxxxx, xxxxx and Company Lessee will be responsible for all costs to repair or rebuild that portion of the Premises damaged or destroyed as a result of CompanyXxxxxx’s act or omission.

Appears in 1 contract

Samples: Ground Lease With Improvements

Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 18.02 and .03 of this Article18.03, the portion of the rent Rents attributable to untenable Company Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Company Premises can be re-occupied. Notwithstanding the foregoing, in the event the Company Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges Rents will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Company Premises damaged or destroyed as a result of Company’s act or omission.

Appears in 1 contract

Samples: Use and Lease Agreement

Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 and .03 of this Article, the portion of the rent Rents attributable to untenable Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Premises can be re-occupied. Notwithstanding the foregoing, in the event the Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and other charges will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Premises damaged or destroyed as a result of Company’s act or omission.

Appears in 1 contract

Samples: Space Rental Agreement

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