Common use of Taking - Landlord's and Tenant's Rights Clause in Contracts

Taking - Landlord's and Tenant's Rights. If any part of the Buildings taken by right of eminent domain or conveyed in lieu thereof (a “Taking”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease then Rent shall be adjusted on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “Taking”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of the Taking. Such relocation may be for a portion no longer than ninety (90) days, and, in the event the relocation of Tenant is greater than ninety (90) days, then Tenant shall have the remaining Term or the entire Termoption to terminate this Lease. Landlord shall complete any such relocation within 180 ten (10) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 sixty (60) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted on a reasonable basis as to that portion of the Premises rendered untenantable untenable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “"Taking”"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of within 30 days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 days after the Taking, and Rent shall shell be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “"Taking”"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the PremisesPremises and reasonably acceptable to Tenant, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of within 60 days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 120 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 90 days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated from the date of such Taking on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “Taking”"TAKING"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises within five miles of Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking. Correspondingly, the Letter of Credit obligation will be adjusted on a reasonable basis in the event of partial Taking or eliminated entirely in the event of Lease termination.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “Taking”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of within sixty (60) days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 ninety (90) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 ninety (90) days after the Taking, and Rent shall be apportioned as of the date of such TakingTaking and the parties shall have no further obligations under the Lease except for provisions that expressly survive termination. If Landlord does not relocate Tenant and Tenant does not terminate this Lease or if such Taking does not prevent Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking (as determined by Xxxxxxxx), then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking, and Landlord shall do such work as is reasonably necessary for Tenant to operate in the remaining portion of the Premises provided the cost of such work shall not exceed the amount Landlord receives for the condemnation award.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings thx Project --------------------------------------- (including parking) is taken by right of eminent domain for a period exceeding ninety (90) days or conveyed in lieu thereof (a “"Taking”"), and such Taking prevents Tenant from conducting ------ its business in from the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to similar office space reasonably comparable to within any Comparable Building owned or under the Premises, provided that control of Landlord. Landlord notifies shall notify Tenant of its intention to do so prior within thirty (30) days after the Taking. Rent shall be abated on a reasonable basis as to the effective date that portion of the TakingPremises rendered untenantable by the Taking until relocation. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 sixty (60) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking. Upon the occurrence of a Taking, Rent shall be adjusted on a reasonable basis from the first day of the Taking until such termination.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Project (including parking) is taken by right of eminent domain for a period exceeding ninety (90) days or conveyed in lieu thereof (a “Taking”), and such Taking prevents Tenant from conducting its business in from the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its sole expense, relocate Tenant to similar office space reasonably comparable to within any Comparable Building owned or under the Premises, provided that control of Landlord. Landlord notifies shall notify Tenant of its intention to do so prior within thirty (30) days after the Taking. Rent shall be abated on a reasonable basis as to the effective date that portion of the TakingPremises rendered untenantable by the Taking until relocation. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 sixty (60) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking. Upon the occurrence of a Taking, Rent shall be adjusted on a reasonable basis from the first day of the Taking until such termination.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “"Taking”"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of within thirty (30) days after the Taking. Such relocation may be for a portion p01tion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 one hundred eighty (180) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 sixty (60) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.. ​

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “Taking”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space within the Project reasonably comparable to or better than the Premises, provided that Landlord notifies Tenant of its intention to do so and completes such relocation prior to the effective date of the Taking. Such relocation may shall be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 one hundred eighty (180) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following prior to such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 sixty (60) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “"Taking”"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of within 30 days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 60-days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Buildings Building is taken by right of eminent domain or conveyed in lieu thereof (a “Taking”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may may, at its expense, relocate Tenant to office space reasonably comparable to the Premises, provided that Landlord notifies Tenant of its intention to do so prior to the effective date of within thirty (30) days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 180 two hundred ten (210) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 60 sixty (60) days after the Taking, Taking and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease Lease, then Rent shall be adjusted abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.