Common use of Rental Abatement Clause in Contracts

Rental Abatement. Notwithstanding anything to the contrary contained in the Lease or in this First Amendment, and provided that Tenant faithfully performs all of the terms and conditions of the Lease, as amended by this First Amendment, Landlord hereby agrees to xxxxx Tenant's obligation to pay Monthly Basic Rental for the full calendar months of October 2017 and November 2018 only. During such abatement periods, Tenant shall still be responsible for the payment of all of its other monetary obligations under the Lease, as amended by this First Amendment. In the event of a default by Tenant under the terms of the Lease, as amended by this First Amendment, that results in early termination pursuant to the provisions of Article 20 of the Lease, then as a part of the recovery set forth in Article 20 of the Lease, Landlord shall be entitled to recover the Monthly Basic Rental that was abated under the provisions of this Section 4. The amount of Basic Rental to be abated pursuant to this Section 4 above may be referred herein as "Abated Rent Amount." Notwithstanding the foregoing or anything to contrary contained herein, upon written notice to Tenant, Landlord shall have the option to purchase all or any portion of Tenant's Abated Rent Amount by paying such amount to Tenant, in which case the amount so paid to Tenant shall nullify an equivalent amount of abatement of Tenant's Basic Rental as to the period so designated by Landlord in Landlord's written notice to Tenant.

Rental Abatement. Notwithstanding anything to the contrary contained in the Lease or in this First Sixth Amendment, and provided that Tenant faithfully performs all of the terms and conditions of the Lease, as amended by this First Sixth Amendment, Landlord hereby agrees to xxxxx Tenant's ’s obligation to pay Monthly monthly Basic Rental for the following full calendar months of October 2017 and November 2018 onlythe Extended Term: [***]. During such abatement periods, Tenant shall still be responsible for the payment of all of its other monetary obligations under the Lease, as amended by this First Sixth Amendment. In Upon the event occurrence of a default an Event of Default by Tenant under the terms of the Lease, as amended by this First Sixth Amendment, that results in early termination of the Lease (as amended) pursuant to the provisions of Article 20 Section 20(a) of the Original Lease, then as a part of the recovery set forth in Article 20 of the Original Lease, Landlord shall be entitled to recover the Monthly monthly Basic Rental that was actually abated under the provisions of this Section 4. The amount of Basic Rental to be abated pursuant to this Section 4 above may be referred to herein as "“Abated Rent Rental Amount." ” Notwithstanding the foregoing or anything to the contrary contained herein, upon written notice to Tenant, Landlord shall have the option to purchase all or any portion of Tenant's ’s Abated Rent Rental Amount by paying such amount to Tenant, in which case the amount so paid to Tenant shall nullify an equivalent amount of abatement of Tenant's ’s Basic Rental as to the period so designated by Landlord in Landlord's ’s written notice to Tenant.

Rental Abatement. Notwithstanding anything to the contrary contained in the Lease or in this First Third Amendment, and provided that Tenant faithfully performs all of the terms and conditions of the Lease, as amended by this First Third Amendment, Landlord hereby agrees to xxxxx Tenant's obligation to pay Monthly Basic Rental monthly Base Rent for the full calendar Expansion Space only for the first four (4) months of October 2017 and November 2018 onlythe Third Amendment Extended Term. During such abatement periodsperiod, Tenant shall still be responsible for the payment of all of its other monetary obligations under the Lease, as amended by this First Third Amendment; provided, however, Landlord hereby agrees to xxxxx Tenant's obligation to pay its Operating Costs Share Rent and Tax Share Rent for the Expansion Space only for the first three (3) months of the Third Amendment Extended Term. In the event of a default by Tenant under the terms of the Lease, as amended by this First Third Amendment, that results in early termination pursuant to the provisions of Article 20 Section 13 of the Original Lease, then as a part of the recovery set forth in Article 20 Section 13 of the Original Lease, Landlord shall be entitled to recover the Monthly Basic Rental recovery of the monthly Base Rent and Operating Costs Share Rent and Tax Share Rent that was abated under the provisions of this Section 45. The amount of Basic Rental Base Rent and Tenant's Operating Costs Share Rent and Tax Share Rent to be abated pursuant to this Section 4 above 5 may be referred herein as "Abated Rent Amount." Notwithstanding the foregoing or anything to the contrary contained herein, upon written notice to Tenant, Landlord shall have the option to purchase all or any portion of Tenant's Abated Rent Amount by paying such amount to Tenant, in which case the amount so paid to Tenant shall nullify an equivalent amount of abatement of Tenant's Basic Rental Base Rent and Tenant's Operating Costs Share Rent and Tax Share Rent for the Expansion Space as to the period so designated by Landlord in Landlord's written notice to Tenant.

Rental Abatement. Notwithstanding anything to the contrary in the Lease, as amended hereby, provided Tenant is not in default hereunder beyond any applicable notice and cure period, the payment of Base Rental due under the Lease, as amended hereby, shall be excused during the first five (5) calendar months following the First Extended Term Commencement Date (although Base Rental shall continue to accrue during such period), such conditional concession being offered to Tenant as an inducement for Tenant to execute this First Amendment and to occupy the Premises for the entire First Extended Term and to comply with its agreements contained in the Lease or in this First Amendment, and provided that Tenant faithfully performs all of the terms and conditions of the Lease, as amended by this First Amendment; provided, Landlord hereby agrees to xxxxx however, if Tenant becomes in default under the Lease, as amended hereby, beyond any applicable notice and cure period, or otherwise breaches any of Tenant's obligation to pay Monthly Basic Rental for the full calendar months of October 2017 and November 2018 only. During such abatement periods, Tenant shall still be responsible for the payment of all of its other monetary ’s obligations under the Lease, as amended by this First Amendment. In the event of a default by Tenant under the terms of the Lease, as amended by this First Amendment, that results in early termination pursuant to the provisions of Article 20 of the Leasehereby, then as a part of the recovery set forth in Article 20 of the Lease, all such excused Base Rental shall become immediately due and payable and Tenant hereby agrees to pay Landlord shall be entitled to recover the Monthly Basic all excused Base Rental that was abated under the provisions of this Section 4. The amount of Basic Rental to be abated pursuant to this Section 4 above may be referred herein as "Abated Rent Amountwould otherwise have been payable during such five (5) month period." Notwithstanding the foregoing or anything to contrary contained herein, upon written notice to Tenant, Landlord shall have the option to purchase all or any portion of Tenant's Abated Rent Amount by paying such amount to Tenant, in which case the amount so paid to Tenant shall nullify an equivalent amount of abatement of Tenant's Basic Rental as to the period so designated by Landlord in Landlord's written notice to Tenant.