Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this Lease under Section 16.1, Base Rental shall be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor shall restore the Premises or the Building to the extent of available condemnation proceeds.
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Samples: Lease Agreement (Fisker Inc./De), Lease Agreement (A-Mark Precious Metals, Inc.), Lease Agreement (Peerless Systems Corp)
Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this Lease under Section 16.115.1, Base Rental Rent shall be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor Landlord shall restore the Premises or and the Building Project to the extent of available condemnation proceeds.
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Samples: Lease Agreement (Gramercy Capital Corp), Lease Agreement (Gramercy Capital Corp)
Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this Lease under Section 16.113.1, Base Rental Rent and Additional Rent shall be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor shall restore the Premises or the Building to the extent of available condemnation proceeds.
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Samples: Office Lease (Icop Digital, Inc)
Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this Lease under Section 16.1, Base Rental and Lessee’s share of Building Operating Expenses shall be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor shall restore the Premises or the Building to the extent of available condemnation proceedsBuilding.
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Samples: Lease Agreement (Manhattan Bancorp)
Permanent Taking - When Lease Cannot Be Terminated. In the event of a -------------------------------------------------- partial taking which does not result in a termination of this Lease under Section 16.1the Lease, Base Rental Rent shall be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor Landlord shall restore the Premises or the Building to the extent of available condemnation proceeds.
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Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this the Lease under Section 16.115.1, Base Rental Rent shall proportionately be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor shall restore the Premises or the Building to the extent of available condemnation proceeds.
Appears in 1 contract
Samples: Inetvisionz Com Inc
Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this Lease under Section 16.113.1, Base Rental Rent shall be proportionately reduced based on the portion of the Premises rendered unusable, and Lessor shall restore the Premises or the Building to the extent of available condemnation proceeds.
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Permanent Taking - When Lease Cannot Be Terminated. In the event of a partial taking which does not result in a termination of this Lease under Section 16.114.1, Base Rental Rent shall be proportionately reduced based on the portion of the Premises rendered unusableas set forth in General Condition F, and Lessor Landlord shall restore the Premises or the Building applicable Building(s) to the extent of available condemnation proceeds.
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