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 (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 (Altris Software Inc), Hireright 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 (HNC Software Inc/De), Sublease Agreement (Artest Corp), Industrial Lease (Buy Com 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 '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 (Endwave Corp), Lease (Molecular Devices Corp), Lease (Micrus 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.

Appears in 5 contracts

Samples: Office Space Lease (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), Lease (Endocare Inc), Industrial Lease (Newgen Results 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 (Immersion Corp), 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 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: Industrial Lease (Standard Pacific Corp /De/), Industrial Lease (Omm Inc), 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 (Sunpower Corp), Industrial Lease (Phage Biotechnology CORP), Industrial Lease (GoRemote Internet Communications, 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 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: 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 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 '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. *** Confidential treatment has been requested for the redacted text of this document. The confidential redacted text has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Lease (Broadcom Corp)

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 (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 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 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: Pimco Advisors Holdings Lp

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 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 ARTICLE XIII.

Appears in 1 contract

Samples: 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 and this Lease shall continue in effect. ARTICLE XIII.

Appears in 1 contract

Samples: 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 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)

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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 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 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 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 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 (Prometheus Laboratories 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 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 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 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 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)

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: Second Amendment to Lease (Alsius 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 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 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: BofI Holding, Inc.

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