Common use of Right of Abatement Clause in Contracts

Right of Abatement. Notwithstanding anything to the contrary contained in Paragraph A, above, to the extent any Construction Work undertaken by Landlord materially adversely affects Tenant’s access to and reasonable use of the Premises then Tenant’s Base Monthly Rent will be equitably abated during the period such material adverse interference with Tenant’s business at the Premises continues as a result thereof. The foregoing right of abatement will constitute Tenant’s sole and absolute right against Landlord or otherwise in connection with any such Construction Work and Tenant releases and waives any other claims, defenses, or rights in connection therewith.

Appears in 1 contract

Samples: Office Lease Agreement (Adamis Pharmaceuticals Corp)

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Right of Abatement. Notwithstanding anything to the contrary contained in Paragraph A, above, to the extent any Construction Work undertaken by Landlord materially adversely affects Tenant’s access to and reasonable use of the Premises then Tenant’s 's Base Monthly Rent will be equitably abated during the period such material adverse interference with Tenant’s business at the Premises continues as a result thereof. The foregoing right of abatement will constitute Tenant’s 's sole and absolute right against Landlord or otherwise in connection with any such Construction Work and Tenant releases and waives any other claims, defenses, or rights in connection therewith.

Appears in 1 contract

Samples: Office Lease Agreement (Adamis Pharmaceuticals Corp)

Right of Abatement. Notwithstanding anything to the contrary contained in Paragraph A, above, to the extent any Construction Work undertaken by Landlord materially adversely affects Tenant’s access to and reasonable use of the Premises then Tenant’s Base Monthly Rent will be equitably abated during the period such material adverse interference with Tenant’s business at the Premises continues as a result thereof. The foregoing right of abatement will constitute Tenant’s sole and absolute right against Landlord or otherwise in connection with any such Construction Work and Tenant releases and waives any other claims, defenses, or rights in connection therewith.

Appears in 1 contract

Samples: Office Lease Agreement (Somaxon Pharmaceuticals, Inc.)

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Right of Abatement. Notwithstanding anything to the contrary contained in Paragraph A, above, to in the extent event any Construction Work undertaken by the Landlord materially adversely affects Tenant’s access to and reasonable use of prevents Tenant from conducting its business within the Premises then Premises, Tenant’s Base Monthly Rent will be equitably abated during the period such material adverse interference with Tenant’s during which Tenant is unable to conduct it business at the Premises continues as a result thereof. The foregoing right of abatement will constitute Tenant’s sole and absolute right against Landlord or otherwise in connection with any such Construction Work and Tenant releases and waives any other claims, defenses, or rights in connection therewith.

Appears in 1 contract

Samples: Standard Retail Lease (1st Pacific Bancorp)

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