Common use of Damage; Condemnation Clause in Contracts

Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. Any rights of Subtenant to abatement of rent shall be conditioned upon Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 3 contracts

Samples: Sublease (Lyft, Inc.), Sublease (Lyft, Inc.), Sublease (Solid Biosciences Inc.)

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Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. Any rights of Subtenant to abatement of rent Rent shall be conditioned upon Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 3 contracts

Samples: Sublease (Rubrik, Inc.), Sublease (Pegasystems Inc), Sublease (Rubrik, Inc.)

Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. Any rights of Subtenant to abatement of rent shall be conditioned upon and limited to Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 2 contracts

Samples: Sublease (Nerdwallet, Inc.), Sublease (Nerdwallet, Inc.)

Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. Any rights of Subtenant to abatement of rent Rent shall be conditioned upon Sublandlord’s ability to xxxxx axxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 1 contract

Samples: Sublease (89bio, Inc.)

Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. Any rights of Subtenant to abatement of rent Base Rent shall be conditioned upon Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 1 contract

Samples: Sublease (Upstart Holdings, Inc.)

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Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain; and Subtenant will assume, for such purposes, any obligation of the “tenant” under the Master Lease to reconstruct portions of the improvements within the Subleased Premises. Any rights of Subtenant to abatement of rent Rent in the event of casualty or condemnation shall be conditioned upon Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 1 contract

Samples: Sublease (Traeger, Inc.)

Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. Any rights of Subtenant to abatement of rent Rent, except for Subtenant’s rights to Abated Rent pursuant to Section 3(a)(ii) above, shall be conditioned upon Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 1 contract

Samples: Sublease (Versartis, Inc.)

Damage; Condemnation. Sublandlord shall have no obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domaindomain and any such restoration or repair shall be governed by the terms and provisions of the Master Lease. Any rights of Subtenant to abatement of rent Rent shall be conditioned upon Sublandlord’s ability to xxxxx rent for the Subleased Premises under the terms of the Master Lease.

Appears in 1 contract

Samples: Sublease (Vir Biotechnology, Inc.)

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