Partial Condemnation Without Termination. Section 7.08. Should Lessee fail to exercise the option described in Section 7.06 of this Lease or should the portion of the Premises taken under the power of eminent domain be insufficient to give rise to the option described in Section 7.07 of this Lease, then, in that event:
Partial Condemnation Without Termination. Should Sublessee or Sublessor fail to exercise the termination option described in this Article, or should the portion of the Leased Premises taken under the power of eminent domain be insufficient to give rise to the option therein described, then, in that event:
Partial Condemnation Without Termination. Should Lessee fail to exercise the option described in Section 11.02 or should the portion of said premises taken under the power of eminent domain be insufficient to give rise to the option described in Section 10.02, then, in that event:
Partial Condemnation Without Termination. Should Lessee fail to exercise the option described in Section 8.6 of this lease or should the portion of said Premises taken under the power of eminent domain be insufficient to give rise to the option described in Section 8.6 of this lease, then:
(a) This lease shall terminate as to the portion of said Premises taken by eminent domain as of 12:01 A.M. of the day, herein called the "date of taking," actual physical possession of that portion of said Xxxxxxxx is taken by the agency or entity exercising the power of eminent domain;
(b) The minimum rent specified in Section 2.1 of the lease shall after the date of taking, be reduced by an amount that bears the same ratio to the minimum rent specified in Section 2.1 of this lease as the square footage floor space of the portion of said Premises taken under the power of eminent domain bears to the total square footage floor space of said Premises as of the date of this lease; and
(c) Lessor, at Lessor's own cost and expense, will remodel and reconstruct the building remaining on the portion of said Premises not taken by eminent domain into a single efficient architectural until as soon after the date of taking, or before, as can be reasonably done; provided, however, that neither the minimum nor percentage rent specified in this lease shall be abated or reduced, except as provided in subparagraph (b) of this section, during such remodeling and reconstruction.
