Common use of Restoration and Abatement of Rent Clause in Contracts

Restoration and Abatement of Rent. If any part of the Leased Premises is taken by condemnation and this Lease is not terminated, then Landlord shall repair any damage occasioned thereby to the remainder of the Leased Premises to a condition reasonably suitable for Tenant's continued operations and otherwise, to the extent practicable, in the manner and to the extent provided in Article 10. I. As of the date possession is taken by the condemning authority, (i) the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition to the area of the Leased Premises by reason

Appears in 1 contract

Samples: Acceptance Agreement (Virage Logic Corp)

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Restoration and Abatement of Rent. If any part of the Leased Premises is taken by condemnation and this Lease is not terminated, then Landlord shall repair any damage occasioned thereby to the remainder of the Leased Premises to a condition reasonably suitable for Tenant's ’s continued operations and otherwiseoperations, to the extent practicable, in the manner and to the extent provided in Article 10. I. As of the date possession is taken by the condemning authority, (i) the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition bears to the area of the Leased Premises by reasonimmediately prior in such taking, and (ii) Tenant’s Proportionate Share shall be appropriately adjusted.

Appears in 1 contract

Samples: Sublease (@Road, Inc)

Restoration and Abatement of Rent. If any part of the Leased Premises is taken by condemnation and this Lease is not terminated, then Landlord shall repair any damage occasioned thereby to the remainder of the Leased Premises to a condition reasonably suitable for Tenant's continued operations and otherwiseoperations, to the extent practicable, in the manner and to the extent provided in Article 10. I. As of the date possession is taken by the condemning authority, (i) the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition bears to the area of the Leased Premises by reasonimmediately prior in such taking, and (ii) Tenant's Proportionate Share shall be appropriately adjusted.

Appears in 1 contract

Samples: Sublease (Va Software Corp)

Restoration and Abatement of Rent. If any part of the Leased Premises is taken by condemnation and this Lease is not terminated, then Landlord shall repair any damage occasioned thereby to the remainder of the Leased Premises to a condition reasonably suitable for Tenant's ’s continued operations and otherwiseoperations, to the extent practicable, in the manner and to the extent provided in Article 10. I. As of the date possession is taken by the condemning authority, (i) the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition bears to the area of the Leased Premises by reasonimmediately prior to such taking, and (ii) Tenant’s Proportionate Share shall be appropriately adjusted.

Appears in 1 contract

Samples: Acceptance Agreement (ArcSoft, Inc.)

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Restoration and Abatement of Rent. If any part of the Leased Premises is taken by condemnation and this Lease is in not terminated, then Landlord shall repair any damage occasioned thereby to the remainder of the Leased Premises to a condition reasonably suitable for Tenant's continued operations and otherwiseoperations, to the extent practicable, in the manner and to the extent provided in Article 10. I. As of the date possession is taken by the condemning authority, (i) the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition bears to the area of the Leased Premises by reasonimmediately prior to such taking, and (ii) Tenant's Proportionate Share shall be appropriately adjusted.

Appears in 1 contract

Samples: Va Linux Systems Inc

Restoration and Abatement of Rent. If any part of the Leased Premises is taken by condemnation and this Lease is not terminated, then Landlord shall repair any damage occasioned thereby to the remainder of the Leased Premises to a condition reasonably suitable for Tenant's continued operations and otherwiseoperations, to the extent practicable, in the manner and to the extent provided in Article 10. I. As of the date possession is taken by the condemning authority, (i) the Base Monthly Rent shall be reduced in the same proportion that the area of that part of the Leased Premises so taken (less any addition bears to the area of the Leased Premises by reasonimmediately prior to such taking, and (ii) Tenant's Proportionate Share shall be appropriately adjusted.

Appears in 1 contract

Samples: Lease (Centillium Communications Inc)

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