Common use of No Surrender or Abatement Clause in Contracts

No Surrender or Abatement. Except as otherwise provided in Section 9.3 below, no destruction of or damage to the improvements on the Premises or any part thereof by fire or casualty, whether or not insured, shall permit Tenant to surrender this Lease or shall relieve Tenant from its liability to pay the full Rent and other charges payable under this Lease or from any of its other obligations under this Lease, and Tenant waives any rights now or hereafter conferred upon it by statute or otherwise to quit or surrender this Lease or the Premises, or any part thereof, or to any suspension, diminution, abatement or reduction of rent on account of any such destruction or damage.

Appears in 3 contracts

Samples: Ground Lease, Ground Lease, Ground Lease

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No Surrender or Abatement. Except as otherwise provided in Section 9.3 below, no No destruction of or damage to the improvements on the Premises or any part thereof thereof, by fire or any other casualty, whether or not insured, shall permit Tenant to surrender this Lease or shall relieve Tenant from its liability to pay the full Rent and other charges payable under this Lease or from any of its other obligations under this Lease, and Tenant waives any rights now or hereafter conferred upon it by statute or otherwise to quit or surrender this Lease or the Premises, or any part thereof, or to any suspension, diminution, abatement or reduction of rent on account of any such destruction or damage.

Appears in 2 contracts

Samples: www.bidnet.com, www.bidnet.com

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