Common use of Partial Taking Clause in Contracts

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 21 contracts

Samples: Sublease Agreement (Compellent Technologies Inc), Lease Agreement (Tenby Pharma Inc), Lease Agreement (CNS Inc /De/)

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Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this SectionSection 13(a), (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 3 contracts

Samples: Merger Agreement (Harris Corp /De/), Merger Agreement (Stratex Networks Inc), Lease Agreement (Harris Stratex Networks, Inc.)

Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably reasonable possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 2 contracts

Samples: Lease Agreement (MR2 Group, Inc.), Lease Agreement (MR2 Group, Inc.)

Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building Property and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 2 contracts

Samples: Lease Agreement (Kroll Inc), Lease Agreement (Ontrack Data International Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which which, the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Synchronoss Technologies Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Section * Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as * nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the * condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation * except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such * restoration.

Appears in 1 contract

Samples: Lease Agreement (Valley Forge Scientific Corp)

Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor condemning authority took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent and Real Estate Taxes and Operating Expenses according to the rental value of the Premises before and after the date upon which the condemnor condemning authority took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Plato Learning Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation condemnation, except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Deed of Lease (Open Plan Systems Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (iI) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Aht Corp)

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Partial Taking. If there is a condemnation and this lease Lease has not net been terminated pursuant to this Section, (i) Landlord shall restore the Building Buildings and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes completed such restoration.

Appears in 1 contract

Samples: Lease Agreement (First Chester County Corp)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a area part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Verticalnet Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall promptly restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according and Annual Operating Expenses based upon the portion of the Building or the Premises subject to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restorationcondemnation.

Appears in 1 contract

Samples: Lease Agreement (Marlin Business Services Corp)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i1) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the ii)the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Kenexa Corp)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, . (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (NationsHealth, Inc.)

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