Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 or 17.2 the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 2 contracts
Samples: Office Lease (Adven Inc.), Office Lease (Adven Inc.)
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections Sections 17.1 or 17.2 the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 2 contracts
Samples: Lease of Office Space (Zymeworks Inc.), Lease of Office Space (Zymeworks Inc.)
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 Sections 18.1 or 17.2 18.2 the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 2 contracts
Samples: Lease of Industrial Space (Above Food Ingredients Inc.), Lease Agreement (Dirtt Environmental Solutions LTD)
Abatement. If the Landlord is required elects to repair damage to all or part of the Premises under sections Paragraph 17.1 or 17.2 17.2, the Rent payable by the Tenant hereunder shall be proportionately reduced to based on the extent that number of Square Feet of the Premises which are thereby rendered unusable by the Tenant in its business, untenantable from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or Or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 1 contract
Samples: Office Lease (Superior National Insurance Group Inc)
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 article 16.1 or 17.2 16.2, the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantableunleaseable) (or until the Tenant again uses the Premises (or the part thereof rendered untenantableunusable) in its business, whichever first occurs.
Appears in 1 contract
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 subparagraph 12.01 (a) or 17.2 12.01 (b) the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 five days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or of until the Tenant again uses the Premises (( or the part thereof rendered untenantable) in its business, whichever first occursoccurs first.
Appears in 1 contract
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 Article 16.01 or 17.2 16.02, the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 1 contract
Abatement. If the Landlord Tenant is required to repair damage to all or part of the Premises under sections 17.1 Articles 14.1 or 17.2 14.2, the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, untenantable from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 1 contract
Samples: Lease (Norcross Capital Corp)
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 Section 18.1 or 17.2 18.2, the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 five (5) days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 1 contract
Samples: Lease Agreement
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 Articles 16.01 or 17.2 16.02, the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, untenantable from the date of such casualty until 5 days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) and the running of a period of time thereafter reasonably necessary to permit Tenant to complete its repairs under under Articles 16.01 and 16.02, or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 1 contract
Samples: Lease Agreement (KBS Real Estate Investment Trust III, Inc.)
Abatement. If the Landlord is required to repair damage to all or part of the Premises under sections 17.1 Articles 16.1 or 17.2 16.2 the Rent payable by the Tenant hereunder shall be proportionately reduced to the extent that the Premises are thereby rendered unusable by the Tenant in its business, from the date of such casualty until 5 days after completion by the Landlord of the repairs to the Premises (or the part thereof rendered untenantable) or until the Tenant again uses the Premises (or the part thereof rendered untenantable) in its business, whichever first occurs.
Appears in 1 contract
Samples: Lease of Office Space (Securac Corp)