Common use of TAKING OF PARKING AREA Clause in Contracts

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 26 contracts

Samples: Office Space Lease, Lease (Masimo Corp), Lease Agreement (Masimo Corp)

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TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 17 contracts

Samples: Lease Agreement (ThermoGenesis Holdings, Inc.), Lease Agreement (Hireright Inc), Lease Agreement (Altris Software Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety one hundred eighty (90180) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 11 contracts

Samples: Industrial Lease (Sionix Corp /Ut/), Industrial Lease (Scoop Inc/De), Industrial Lease (Meade Instruments Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area of the Site such that Landlord can no longer provide sufficient more than ten percent (10%) of the vehicle parking to comply with this Leasespaces are taken, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 5 contracts

Samples: Lease Agreement (Hyseq Inc), Lease (Micrus Corp), Lease Agreement (Molecular Devices Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety sixty (9060) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 5 contracts

Samples: Industrial Lease (Quantum Corp /De/), Industrial Lease (Emachines Inc /De/), Industrial Lease (Information Management Associates Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety thirty (9030) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 5 contracts

Samples: Office Lease Agreement (BofI Holding, Inc.), Industrial Lease (Peregrine Semiconductor Corp), Lease (Ista Pharmaceuticals Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety thirty (9030) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 5 contracts

Samples: Lease (California Micro Devices Corp), Industrial Lease (Newgen Results Corp), Lease Agreement (Telenetics Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect. Any dispute regarding the substitution of parking spaces under this Section 12.3 shall be submitted to and resolved by JAMS arbitration pursuant to Section 22.7 of this Lease.

Appears in 4 contracts

Samples: Lease Agreement (Broadcom Corp), Industrial Lease (Standard Pacific Corp /De/), Industrial Lease (Broadcom Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the BuildingBuilding at no cost to Tenant; provided that if Landlord fails to make that substitution within ninety fifteen (9015) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 3 contracts

Samples: Sublease Agreement (Prometheus Biosciences, Inc.), Sublease Agreement (Prometheus Biosciences, Inc.), Lease (Prometheus Biosciences, Inc.)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety one hundred eighty (90180) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 3 contracts

Samples: Industrial Lease (Phage Biotechnology CORP), Industrial Lease (GoRemote Internet Communications, Inc.), Industrial Lease (Sunpower Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide reasonable and sufficient parking to comply with this Lease, Landlord Landlord, after reasonable prior notice to Tenant, may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following prior to or substantially concurrently with the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 2 contracts

Samples: Lease Agreement (New Century Financial Corp), Lease Agreement (New Century Financial Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area for a Building such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the PremisesPremises in the affected Building, Tenant may, at its option, terminate this Lease into the portion of the Premises in that Building by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Office Space Lease (Pimco Advisors Holdings Lp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails falls [to make that substitution within ninety sixty (9060) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (Oculex Pharmaceuticals Inc /)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety with. in one hundred eighty (90180) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in In effect.

Appears in 1 contract

Samples: Industrial Lease (Endwave Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety one hundred eighty (90180) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its own option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (Dental Medical Diagnostic Systems Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area of the Site such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease (Senorx Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area of the Project such that Landlord can no longer provide sufficient more than ten percent (10%) of the vehicle parking to comply with this Leasespaces are taken, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease Agreement (Micrus Endovascular Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the BuildingBuilding(s); provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease (Broadcom Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety thirty (9030) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect. ARTICLE XIII.

Appears in 1 contract

Samples: Office Space Lease (BofI Holding, Inc.)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area Tenant's Parking Area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to within five minutes walking distance of the Building; provided that if Landlord fails to make that substitution within ninety fifteen (9015) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease Agreement (Acres Gaming Inc)

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TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide reasonable and sufficient parking to comply with this Lease, Landlord Landlord, after reasonable prior notice to Tenant, may substitute reasonably equivalent parking in a location reasonably close to the BuildingBuildings; provided that if Landlord fails to make that substitution within ninety (90) days following prior to or substantially concurrently with the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (New Century Financial Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety one hundred eighty (90180) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (Sensar Corp /Nv/)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may shall use commercially reasonable efforts to substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent (other than the parking charges) and this Lease shall continue in effect.

Appears in 1 contract

Samples: Office Space Lease (Acacia Research Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety sixty (9060) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (Ithaka Acquisition Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area Tenant's Parking Area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to within three minutes walking distance of the Building; provided that if Landlord fails to make that substitution within ninety fifteen (9015) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease Agreement (Nextel Partners Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area Tenant’s Parking Area such that Landlord can no longer provide sufficient parking to comply with this LeaseTenant’s allocation falls below that set forth in Section 1.9, Landlord may shall substitute reasonably equivalent parking in a location reasonably close adjacent to the Parking Area or Building; provided that if Landlord fails to make that substitution within ninety fifteen (9015) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease Agreement (Switch, Inc.)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the BuildingBuilding at no cost to Tenant; provided that if Landlord fails to make that substitution within ninety fifteen (9015) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease Agreement (Prometheus Laboratories Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Office Building; : provided that if Landlord fails falls to make that substitution within ninety thirty (9030) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. Landlord If this Lease is not so terminated to terminate by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.. 33

Appears in 1 contract

Samples: Sublease Agreement (Vision Solutions Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent rest and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (Discovery Partners International Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect. ARTICLE XIII.

Appears in 1 contract

Samples: Office Space Lease (Diedrich Coffee Inc)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area of the Site such that Landlord can no longer provide sufficient more than ten percent (10%) of the vehicle parking to comply with this Leasespaces are taken, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease (Mirion Technologies, Inc.)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to within 100 meters of the Building; provided that if Landlord fails to make that substitution within ninety thirty (9030) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Lease (Lsi Logic Corp)

TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety sixty (9060) days following the taking and if the taking materially impairs Tenant’s 's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.

Appears in 1 contract

Samples: Industrial Lease (Alsius Corp)

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