Condemnation of Parking Area. If all or any portion of the parking area in the Center is condemned such that the ratio of the total square footage of parking and other Common Facilities compared to the total rentable building square footage of the Center is reduced to a ratio below two to one, then at the election of Landlord this Lease shall terminate as of the date title vests in the condemnor.
Appears in 8 contracts
Sources: Standard Industrial Lease (Brooks Automation Inc), Sublease Agreement (Tenby Pharma Inc), Standard Industrial Net Lease (Avanir Pharmaceuticals)
Condemnation of Parking Area. If all or any portion of the parking area in the Center Property is condemned such that the ratio of the total square footage of parking and other Common Facilities compared to the total rentable building square footage of the Center Property is reduced to a ratio below two to one, then at the election of Landlord this Lease shall terminate as of the date title vests in the condemnor.
Appears in 3 contracts
Sources: Lease Agreement, Lease Agreement (Sophiris Bio Inc.), Lease Agreement (Sophiris Bio Inc.)
Condemnation of Parking Area. If all or any portion of the parking area in the Center Building is condemned such that the ratio of the total square footage of parking and other Common Facilities compared to the total rentable building square footage of the Center Building is reduced to a ratio below two to one, then at the election of Landlord this Lease shall terminate as of the date title vests in the condemnor.
Appears in 1 contract
Sources: Standard Industrial Net Lease (Avanir Pharmaceuticals)
Condemnation of Parking Area. If all or any portion of the parking area in the Center Building is condemned such that the ratio of the total square footage of parking and other Common Facilities compared to the total rentable building square footage of the Center Building is reduced to a ratio below two to one, then at the election of Sub-Landlord this Lease Sublease shall terminate as of the date title vests in the condemnor.
Appears in 1 contract
Condemnation of Parking Area. If all or any portion of the parking area in the Center is condemned such that the ratio of the total square footage of parking and other Common Facilities compared to the total rentable building square footage of the Center is Centers reduced to a ratio below two to one, then at the election of Landlord this Lease shall terminate as of the date title vests in the condemnor.
Appears in 1 contract
Sources: Standard Industrial Gross Lease (Inland Entertainment Corp)