Common use of Partial Taking - Tenant’s Rights Clause in Contracts

Partial Taking - Tenant’s Rights. If any part of the Premises, the Retail Parcel or Building becomes subject to a Taking and such Taking will prevent Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking for a period of more than ninety (90) days, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within thirty (30) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Tenant does not terminate this Lease, then Rent shall be abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Partial Taking - Tenant’s Rights. If any part of the Premises, the Retail Parcel or Building becomes subject to a Taking and such Taking will prevent Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking for a period of more than ninety one hundred eighty (90180) days, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within thirty (30) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Tenant does not terminate this Lease, then Rent shall be abated on a reasonable per square foot basis as to that portion of the Premises rendered untenantable by the Taking.

Partial Taking - Tenant’s Rights. If any part of the Premises, the Retail Parcel or Building becomes subject to a Taking and such Taking will prevent Tenant from conducting its business in the Premises or accessing the Premises in a manner reasonably comparable to that conducted immediately before such Taking for a period of more than ninety one hundred twenty (90120) days, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within thirty sixty (3060) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Tenant does not terminate this Lease, then then, commencing on the date of the Taking, Rent shall be abated on a reasonable per square foot basis as to that portion of the Premises rendered untenantable by the Taking.

Partial Taking - Tenant’s Rights. If any part of the Premises, the Retail Parcel or Building becomes subject to a Taking and such Taking will prevent Tenant from conducting on a permanent basis (permanent basis shall be defined in this Section 14 as forty (40) days) its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking for a period of more than ninety (90) daysTaking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within thirty (30) 30 days after the Taking, and Base Rent and additional rent shall be apportioned as of the date of such Taking. If Tenant does not terminate this Lease, then Rent shall be abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.