Common use of Rental Abatement Clause in Contracts

Rental Abatement. If (a) the Premises are 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 (Bway Corp), Lease Agreement (Eyetech Pharmaceuticals Inc), Industrial Building Lease (Protarga Inc)

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Rental Abatement. If (a) the Premises are damaged by fire or other casualty 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 TenantPremises.

Appears in 1 contract

Samples: Industrial Building Lease (Sabratek Corp)

Rental Abatement. If (a) the Premises are 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 during the period after the loss and until such repairs are reasonably complete to the extent of any actual loss of use of that the Premises are not reasonably tenantable by Tenant.

Appears in 1 contract

Samples: Industrial Building Lease (Lasermaster Technologies Inc)

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Rental Abatement. If (a) the Premises are 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 TenantXxxxxx.

Appears in 1 contract

Samples: Building Lease (Datalink Corp)

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