Rent Apportionment. In the event of a termination of this Lease pursuant to this Article 11, Rent shall be apportioned on a per diem basis and paid to the date of the fire or other casualty.
Rent Apportionment. In the event of any taking or condemnation, the then current Minimum Rent, Sales Break Point and the square foot floor area in the Leased Premises as determined pursuant to Section 1.1 shall be apportioned as of the date when possession of the Leased Premises is required to be delivered to the condemning authority or termination of this Lease, as the case may be, and, if the Term of this Lease shall not have ceased and have been terminated as of said date, Tenant shall be entitled to a pro rata reduction in the Minimum Rent payable and Sales Break Point hereunder, or, if Tenant has prepaid Minimum Rent, Tenant shall be entitled to a pro rata credit for the Minimum Rent paid hereunder, based on the proportion which the floor area taken from the Leased Premises bears to the entire floor area of the Leased Premises immediately prior to such taking.
Rent Apportionment. If either Landlord or Tenant terminates this Lease under this Article 11, Landlord will apportion Basic Rent and Tenant’s Share of Operating Expenses on a per diem basis and Tenant will pay Basic Rent and Tenant’s Share of Operating Expenses to either (a) the date of the fire or other casualty if the event renders the Premises completely untenantable, or (b) if the event does not render the Premises completely untenantable, the effective date of such termination (provided that if a portion of the Premises is rendered untenantable, but the remaining portion is tenantable, then, Tenant’s obligation to pay Basic Rent and Tenant’s Share of Operating Expenses shall xxxxx as set forth above from the date of the casualty and Tenant will pay the unabated portion of the Basic Rent to the date of such termination).
Rent Apportionment. In the event of any taking or condemnation of all or any part of the Premises, if this Lease shall not have expired or been terminated Tenant shall be entitled to a proportionate reduction in the Minimum Annual Rent paid hereunder from and after the date possession is required by the condemning authority, based on the proportion which the floor area taken from the Premises bears to the entire floor area of the Premises immediately prior to such taking.
Rent Apportionment. If either Landlord or Tenant terminates this Lease under this Article 13, Landlord will apportion Rent on a per diem basis and Tenant will pay the Rent to (a) the date of the fire or other casualty if the event renders the Demised Premises completely untenantable or (b) if the event does not render the Demised Premises completely untenantable, the date of such termination (provided that if a portion of the Demised Premises is rendered untenantable, but the remaining portion is tenantable, Tenant’s obligation to pay Rent abates prorata [based upon the rentable square footage of the untenantable portion of the Demised Premises compared with the rentable square footage of the Demised Premises as a whole] from the date of the casualty and Tenant will pay the unabated portion of the Rent to the date of termination).
Rent Apportionment. In the event of any act of eminent domain, Tenant's Minimum Guaranteed Rental shall be reduced as of the date of vesting of title based on the proportion that the leasable area taken from the Premises bears to the entire leasable area of the Premises immediately prior to the vesture. Likewise, all additional rent under this Lease that is based on the leasable area of the Premises or the leasable floor area in the Shopping Center shall be adjusted accordingly.
Rent Apportionment. If, as set forth in the architects notice referenced in Section 9.1 above, this Lease is terminated by Landlord or Tenant pursuant to this Article, then rent shall be apportioned (based on the portion of the Demised Premises which is usable after such damage or destruction) and paid to the date of termination, and Tenant shall have no further rights or remedies against Landlord on account of such termination. If this Lease is not terminated as a result of such damage or destruction, then until Landlord’s restoration work to be performed hereunder is substantially complete, Tenant shall be required to pay rent only for the portion of the Demised Premises that is usable while such repair and restoration are being made based on the ratio that the rentable area in the Demised Premises that is usable area bears to the total rentable area in the Demised Premises; provided, however, that if such damage or destruction was caused by the act or omission of Tenant, then Tenant shall not be entitled to any such rent reduction. After receipt of all insurance proceeds for Landlord’s work to be performed hereunder, Landlord shall proceed with and bear the expenses of such repair and restoration of the base Building; provided, however, that (a) if such damage or destruction was caused by the act or omission of Tenant, then Tenant shall pay Landlord’s deductible (and Tenant shall not be entitled to any rent abatement in connection with such damage or destruction, as set forth in the immediately preceding sentence, unless Landlord actually recovers damages for lost rents from its insurance carriers), (b) Tenant shall pay the amount by which the cost of restoring any item which Landlord is required to restore and Tenant is required to insure exceeds the insurance proceeds received with respect thereto, and (c) Landlord shall not be required, and Tenant shall be required to proceed with due diligence, to repair or restore (or pay Landlord to do so) all of the original tenant improvements installed in the Demised Premises above Building standard levels of improvements, as well as any decorations, alterations or improvements to the Demised Premises previously made by or at the expense of Tenant, and Tenant’s trade fixtures, furnishings, equipment and other personal property. For a reasonable period as determined by Landlord, not to exceed ninety (90) days from the date Landlord’s restoration work is substantially completed, Tenant shall be entitled to a rent abatement during Te...
Rent Apportionment. 20 SECTION 10.03. TEMPORARY TAKING................................... 20 ARTICLE XI.
Rent Apportionment. In the event of any such taking, condemnation or purchase in lieu thereof the Minimum Rent and Sales Break Point shall be reduced as of the date of vesting of title, based on the proportion which the floor area taken from the Leased Premises bears to the entire floor area of the Leased Premises immediately prior to such event, and all other charges hereunder that are based on the floor area of the Leased Premises and/or the leasable floor area in the Shopping Center shall be appropriately adjusted.
Rent Apportionment. 24 Section 10.3. Temporary Taking................................................................25
