Common use of Adjustment of Rent Clause in Contracts

Adjustment of Rent. In the event of a partial taking that does not result in a termination of this Lease as to the entire Premises, Base Rent and Additional Rent shall be equitably adjusted in relation to the portions of the Premises and Building taken or rendered unusable by such taking.

Appears in 4 contracts

Samples: Lease Agreement (Lawson Products Inc/New/De/), Real Estate Sales Contract (Lawson Products Inc/New/De/), Lease Agreement (Sonicwall Inc)

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Adjustment of Rent. In the event of a partial taking that does not result in a termination of this Lease as to the entire Premises, Base Rent and Additional Rent shall be equitably adjusted in relation to the portions of the Premises and Building taken or rendered unusable by such taking.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (Zulily, Inc.)

Adjustment of Rent. In the event of a partial taking that does not result in a termination of this Lease as to the entire Premises, Base Rent and Additional Rent shall be equitably adjusted in relation to the portions of the Premises and Building taken or rendered unusable untenantable by such taking.

Appears in 1 contract

Samples: Industrial Lease (Kid Brands, Inc)

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Adjustment of Rent. In the event of a partial taking that does not result in a termination of this Lease as to the entire Premises, Base Rent and Additional Rent shall be equitably adjusted in relation to the portions of the Premises and Building taken or rendered unusable untenantable by such taking.

Appears in 1 contract

Samples: Office Lease (Lightwave Logic, Inc.)

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