Common use of Continuance of Obligations Clause in Contracts

Continuance of Obligations. In the event of any termination of this Lease, or any part thereof, as a result of any Proceedings, Tenant shall pay to Landlord all Base Rent and all Additional Rent and other charges payable hereunder, apportioned to the date of such termination, with respect to that portion of the Demised Premises so taken in such Proceedings with respect to which this Lease shall have terminated, whether for the entire Lease, or for a portion thereof. No Rent shall be payable with respect to any portion of the Demised Premises condemned, whether the whole or a part, after such termination, whether it be termination of the entire Lease or termination of a portion thereof. To the extent this Lease is not terminated in its entirety, from and after the date of vesting of title in such Proceedings, Xxxxxx shall continue to pay the equitably apportioned amount of Base Rent and Additional Rent and other charges payable hereunder, as provided in this Lease, to be paid by Xxxxxx.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Continuance of Obligations. In the event of any termination of this Lease, or any part thereof, as a result of any Proceedings, Tenant shall pay to Landlord all Base Rent and all Additional Rent and other charges payable hereunder, apportioned to the date of such termination, with respect to that portion of the Demised Premises so taken in such Proceedings with respect to which this Lease shall have terminated, whether for the entire Lease, or for a portion thereof. No Rent shall be payable with respect to any portion of the Demised Premises condemned, whether the whole or a part, after such termination, whether it be termination of the entire Lease or termination of a portion thereof. To the extent this Lease is not terminated in its entirety, from and after the date of vesting of title in such Proceedings, Xxxxxx Tenant shall continue to pay the equitably apportioned amount of Base Rent and Additional Rent and other charges payable hereunder, as provided in this Lease, to be paid by XxxxxxTenant.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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