Common use of Rental Abatement Clause in Contracts

Rental Abatement. Provided that any damage to either or both of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s Parties, if (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent shall be proportionally abated to the extent of any actual loss of use of the Premises by Tenant.

Appears in 8 contracts

Samples: Industrial Lease (Middleton Doll Co), Industrial Building Lease (Datalink Corp), Industrial Building Lease (Wornick CO Right Away Division, L.P.)

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Rental Abatement. Provided that any damage to either or both of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s 's Parties, if (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent shall be proportionally abated to the extent of any actual loss of use of the Premises by Tenant.

Appears in 4 contracts

Samples: Industrial Building Lease (Vascular Solutions Inc), Industrial Building Lease (Build a Bear Workshop Inc), Industrial Building Lease (Research Inc /Mn/)

Rental Abatement. Provided that any damage to either or both of -of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s 's Parties, if (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent shall be proportionally abated to the extent of any actual loss of use of the Premises by Tenant.

Appears in 3 contracts

Samples: Industrial Building Lease (Natural Golf Corp), Industrial Building Lease (Natural Golf Corp), Lease Agreement (Wentworth Ii Inc)

Rental Abatement. Provided that any damage to either or both of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s 's Parties, if (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent and Additional Rent shall be proportionally abated to the extent of any actual loss of use of the Premises by Tenant.

Appears in 2 contracts

Samples: Industrial Building Lease (Griffin Capital Essential Asset REIT II, Inc.), Industrial Building Lease (Griffin Capital Essential Asset REIT II, Inc.)

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Rental Abatement. Provided that any damage to either or both of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s Parties, if (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent shall be proportionally abated to the extent of any actual loss of use of the Premises by Tenant and only to the extent not covered by Tenant’s business interruption insurance.

Appears in 1 contract

Samples: Industrial Building Lease (M Wave Inc)

Rental Abatement. Provided that any damage to either or both of the Property and the Premises is not caused by, or is not the result of acts or omissions by, any or all of Tenant and Tenant’s Parties, if (a) the Property is damaged by fire or other casualty thereby causing the Premises to be inaccessible or (b) the Premises are partially damaged by fire or other casualty, the Rent shall be proportionally abated to the extent of any actual loss of use of the Premises equitably as reasonably determined by TenantLandlord.

Appears in 1 contract

Samples: Industrial Building Lease (Sed International Holdings Inc)

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