Common use of Temporary Condemnation Clause in Contracts

Temporary Condemnation. If the whole or any part of the Premises shall be Condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Term. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including without limitation, repairs and maintenance, and upon such payment such obligations shall be deemed satisfied. If a temporary condemnation is for an established period which extends beyond the Term, the Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections 11.03 and 11.04 hereinabove and Rent shall be adjusted to the date of occupancy.

Appears in 3 contracts

Samples: Lease (Zogenix, Inc.), Consent to Assignment Agreement (Zogenix, Inc.), Office Lease (Jni Corp)

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Temporary Condemnation. If the whole or any part of the Premises shall be Condemned for any temporary public or quasi-public use or purposepurpose of less than one hundred twenty (120) days, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Term. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including without limitation, repairs and maintenance, and upon such payment such obligations shall be deemed satisfied. If a temporary condemnation is for an established period which extends beyond the Term, the Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections 11.03 and 11.04 hereinabove and Rent shall be adjusted to the date of occupancy.

Appears in 2 contracts

Samples: Agreement Regarding Lease (Iomega Corp), Office Lease (Jni Corp)

Temporary Condemnation. If the whole or any part of the Premises shall be Condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Term. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including without limitation, repairs and maintenance, and upon such payment such obligations shall be deemed satisfied. If a temporary condemnation is for an established period which extends beyond the Term, the Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections Articles 11.03 and 11.04 hereinabove and Rent shall be adjusted to the date of occupancy.

Appears in 2 contracts

Samples: Lease (Open Energy Corp), Work Letter Agreement (NovaCardia Inc)

Temporary Condemnation. If In the whole event of a temporary condemnation that materially affect’s Tenant’s use or any part occupancy of the Premises for 180 days or more, Tenant shall be Condemned for any have the right to terminate this Lease, regardless of whether the temporary public or quasi-public use or purposetaking extends beyond the Term. If Tenant does not terminate this Lease, then this Lease shall remain in effect effect, Tenant shall continue to pay Rent and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect condemnation except damages to any of Landlord’s property. If a temporary condemnation is for a period which extends beyond the period Term, this Lease shall terminate as of the taking which is within date of initial occupancy by the Termcondemning authority and any such award shall be distributed in accordance with the preceding section. If a temporary condemnation remains in force effect at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including without limitation, repairs and maintenance, and upon such payment such obligations shall be deemed satisfied. If a temporary condemnation is for an established period which extends beyond the Term, the Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections 11.03 and 11.04 hereinabove and Rent shall be adjusted to the date of occupancy.

Appears in 2 contracts

Samples: Lease Agreement (Talend SA), Lease Agreement (Talend SA)

Temporary Condemnation. If the whole or any part of the Premises ---------------------- shall be Condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking Condemnation which is within the Term. If a temporary condemnation Condemnation remains in force at the expiration or earlier termination of this Leasethe Term, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including without limitation, repairs and maintenance, and upon such payment such obligations Tenant shall be deemed satisfiedexcused from any such obligations. If a temporary condemnation Condemnation is for an established period which extends beyond the Term, the Lease shall terminate as of the date of occupancy by the condemning Condemning authority, and the damages awards shall be as provided in Sections 11.03 14.3 and 11.04 hereinabove and Rent shall be adjusted to the date of occupancy14.4.

Appears in 2 contracts

Samples: Office Lease (Chemdex Corp), Office Lease (Chemdex Corp)

Temporary Condemnation. If the whole or any part of the Premises shall be Condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Term. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum an amount equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including including, without limitation, repairs and maintenance, and upon such payment such obligations Tenant shall be deemed satisfiedexcused from any such obligations. If a temporary condemnation is for an established period which extends beyond the Term, the Term and such temporary condemnation this Lease shall renders the Premises unusable for t he business of Tenant, as reasonably determined by terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections 11.03 13.3 and 11.04 hereinabove 13.4 and Rent shall be adjusted to as of the date of occupancy.

Appears in 1 contract

Samples: Menlo Oaks Corporate Center Lease (E Trade Group Inc)

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Temporary Condemnation. If the whole or any part of the Premises shall be Condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Term. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum an amount equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including including, without limitation, repairs and maintenance, and upon such payment such obligations Tenant shall be deemed satisfiedexcused from any such obligations. If a temporary condemnation is for an established period which extends beyond the TermTerm and such temporary condemnation renders the Premises unusable for the business of Tenant, the as reasonably determined by this Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections 11.03 13.3 and 11.04 hereinabove 13.4 and Rent shall be adjusted to as of the date of occupancy.

Appears in 1 contract

Samples: Menlo Oaks Corporate Center Lease (E Trade Group Inc)

Temporary Condemnation. If the whole or any part of the ---------------------- Premises shall be Condemned condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Termterm. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including including, without limitation, repairs and maintenancemaintenance required, and upon such payment such obligations Tenant shall be deemed satisfiedexcused from any such obligations. If a temporary condemnation is for an established period which extends beyond the Termterm, the this Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections 11.03 Paragraphs 16.3 and 11.04 hereinabove 16.4 and Basic Annual Rent shall be adjusted to the date of occupancy.

Appears in 1 contract

Samples: Basic Lease (Pharmacopeia Inc)

Temporary Condemnation. If the whole or any part of the Premises ---------------------- shall be Condemned for any temporary public or quasi-public use or purpose, this Lease shall remain in effect and Tenant shall be entitled to to. receive for itself such portion or portions of any award made for such use with respect to the period of the taking which is within the Term. If a temporary condemnation remains in force at the expiration or earlier termination of this Lease, Tenant shall pay to Landlord a sum equal to the reasonable cost of performing any obligations required of Tenant by this Lease with respect to the surrender of the Premises, including including, without limitation, repairs and maintenance, and upon such payment such obligations Tenant shall be deemed satisfiedexcused from any such obligations. If a temporary condemnation is for an established period which extends beyond the Term, the Lease shall terminate as of the date of occupancy by the condemning authority, and the damages shall be as provided in Sections Articles 11.03 and 11.04 hereinabove and Rent shall be adjusted to the date of occupancy.

Appears in 1 contract

Samples: Sublease (Cybersource Corp)

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