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

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate Tenant, then this Lease will continue, but if any portion of the premises has been taken, Basic Rental shall adjust as provided in the last sentence of Section 14(a).

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate Tenant, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust xxxxx as provided in the last sentence of Section 14(a)14.a.

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 thirty (30) days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does and Tenant do not so terminate this Lease and does not elect to relocate TenantLease, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust xxxxx as provided in the last sentence of Section 14(a14.(a).

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate TenantLease, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust as abatx xx provided in the last sentence of Section 14(a)14.a.

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlordeither Landlord or Tenant, exercised by written notice to Tenant either Landlord or Tenant, as the case may be, within 30 thirty (30) days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If either Landlord or Tenant does not so terminate this Lease and does not elect to relocate TenantLease, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust abate as provided in the last sentence senxxxxx of Section 14(a)13a.

Taking - Landlord's Rights. If all or any material portion, but less than all, portion of the Building Project becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s Mortgagee's Mortga gee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 sixty (60) days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate TenantLease, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Base Rental shall adjust axxxx as provided in the last sentence of Section 14(a13(a).

Taking - Landlord's Rights. If any -------------------------- material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 120 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate Tenant, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust xxxxx as provided in the last sentence of Section 14(a)14.a.

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 120 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does Tenant is not elect to relocate Tenantrelocated, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental Rent shall adjust abate as provided in the last sentence of Section 14(a)Xxxxxon 14.a.

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 ninety (90) days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease then, subject to the rights of Landlord and does not elect to relocate TenantTenant in Section 14.a., then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental Rent shall adjust xxxxx as provided in the last sentence of Section 14(a)14.a.

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate Tenant, then then, subject to Tenant's rights under 14(a), this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust as provided in the last sentence of Section 14(a14.(a).

Taking - Landlord's Rights. If any material portion, but less than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds received for a Taking to Landlord’s 's Mortgagee, then this Lease, at the option of Landlord, exercised by written notice to Tenant within 30 days after such Taking, shall terminate and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease and does not elect to relocate TenantLease, then this Lease will continue, but if any portion of the premises Premises has been taken, Basic Rental shall adjust as abatx xx provided in the last sentence of Section 14(a14.(a).