Common use of Abatement Clause in Contracts

Abatement. Unless the damage is caused by Tenant's willful misconduct, the Rent shall abate in proportion to that part of the Premises that is unfxx xxr use in Tenants business. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten (10) business days after Landlord completes the repairs and restoration to the Premises, or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Shiva Corp

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Abatement. Unless the damage is caused by Tenant's willful misconduct, the Rent shall abate xxxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant's business. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten five (105) business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Office Lease (Iwo Holdings Inc)

Abatement. Unless the damage is caused solely by the Tenant's ’s willful misconduct, the Base Rent and Additional Rent shall abate xxxxx in proportion to that the part of the Premises that is unfxx xxr unfit for use in Tenants businessby the Tenant. The abatement shall consider the nature and extent of interference to the Tenant's ’s ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the of damage occurred until ten (10) 10 business days after Landlord completes the repairs and restoration to the Premises, or the part rendered unusable Premises were Substantially Complete and Landlord has given notice to the Tenant that the repairs and restoration are have been so completed, or until the Tenant again uses the Premises or the part rendered unusable, whichever is firstfirst occurs.

Appears in 1 contract

Samples: Commercial Lease Contract (Teamstaff Inc)

Abatement. Unless the damage is caused by Tenant's willful misconduct, the Base Rent and Additional Rent shall abate in abatx xx proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant's business. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten (10) business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: United Therapeutics Corp

Abatement. Unless the damage is caused by Tenant's willful -------------------- misconduct, the Rent shall abate xxxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant's business. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until the earlier of (i) ten (10) business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and gives notice to Tenant that the repairs and restoration are completed, or (ii) until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Nationwide Financial Services Capital Trust

Abatement. Unless the damage is caused by Tenant's ’s willful misconductmisconduct or negligence, the Rent and Additional Rent shall abate axxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant’s business. The abatement shall consider the nature and extent of interference to Tenant's ’s ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten (10) business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses is actively conducting its business in the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Lease Agreement (Blackboard Inc)

Abatement. Unless the damage is caused by Tenant's willful misconduct, the Rent or Additional Rent shall abate xxxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant's business. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten (10) business days after the date that the Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Office Lease (Radiant Systems Inc)

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Abatement. Unless the damage is caused by TenantXxxxxx's willful misconduct, the Fixed Rent shall abate xxxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant's business. The abatement shall consider the nature and extent of interference to TenantXxxxxx's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten the earlier of (10i) 10 business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, all as reasonably approved by Tenant, or (ii) until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Office Lease (Mission Produce, Inc.)

Abatement. Unless the damage is caused by Tenant's willful misconduct, the Gross Rent and Additional Rent shall abate xxxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant's business. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten (10) business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Office Lease Agreement (Inflow Inc)

Abatement. Unless the damage is caused by Tenant's ’s willful misconduct, the Base Rent and Additional Rent shall abate xxxxx in proportion to that part of the Premises that is unfxx xxr unfit for use in Tenants Tenant’s business. The abatement shall consider the nature and extent of interference to Tenant's ’s ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until ten (10l0) business days after Landlord completes the repairs and restoration to the Premises, Relevant Space or the part rendered unusable and notice to Tenant that the repairs and restoration are completed, or until Tenant again uses the Premises or the part rendered unusable, whichever is first.

Appears in 1 contract

Samples: Office Lease Agreement (North State Bancorp)

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