Common use of Tenant’s Rights Clause in Contracts

Tenant’s Rights. If any portion of the Premises is so taken by condemnation, Tenant may elect to terminate this Lease if the portion of the Premises taken is of such extent and nature as substantially to handicap, impede or permanently impair Tenant's use of the balance of the Premises for the normal operation of Tenant's business. Tenant must exercise its right to terminate by giving notice to Landlord within thirty (30) days after Tenant receives written notice from Landlord that the nature and extent of the taking have been finally determined. If Tenant elects to terminate this Lease, Tenant shall also notify Landlord of the date of termination, which date shall not be earlier than thirty (30) days nor later than ninety (90) days after Tenant has notified Landlord of its election to terminate, except that this Lease shall terminate on the date of taking if the date of taking falls on any date before the date of termination designated by Tenant.

Appears in 1 contract

Samples: Lease Agreement (Appliedtheory Corp)

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Tenant’s Rights. If any portion of the Premises is so taken by condemnation, Tenant may elect to terminate this Lease if the portion of the Premises taken is of such extent and nature as substantially to handicap, impede or permanently impair Tenant's ’s use of the balance of the Premises for the normal operation of Tenant's businessPremises. Tenant must exercise its right to terminate by giving notice to Landlord within thirty (30) days after Tenant receives written notice from Landlord that the nature and extent of the taking have been finally determined. If Tenant elects to terminate this Lease, Tenant shall also notify Landlord of the date of termination, which date shall not be earlier than thirty (30) days nor later than ninety (90) days after Tenant has notified Landlord of its election to terminate, except that this Lease shall terminate on the date of taking if the date of taking falls on any date before the date of termination designated by Tenant.

Appears in 1 contract

Samples: Lease (Acologix, Inc.)

Tenant’s Rights. If any portion of the Premises is so taken by condemnation, . Tenant may elect to terminate this Lease if the portion of the Premises taken is of such extent and nature as substantially to handicap, impede or permanently impair Tenant's use of the balance of the Premises for the normal operation of Tenant's businessPremises. Tenant must exercise its right to terminate by giving notice to Landlord within thirty (30) days after Tenant receives written notice from Landlord that the nature and extent of the taking have been finally determined. If Tenant elects to terminate this Lease, . Tenant shall also notify Landlord of the date of termination, which date shall not be earlier than thirty (30) days nor later than ninety (90) days after Tenant has notified Landlord of its election to terminate, except that this Lease shall terminate on the date of taking if the date of taking falls on any date before the date of termination designated by Tenant.

Appears in 1 contract

Samples: Build to Suit Lease (Cytokinetics Inc)

Tenant’s Rights. If any portion of the Premises is so taken by --------------- condemnation, Tenant may elect to terminate this Lease if the portion of the Premises taken is of such extent and nature as substantially to handicap, impede or permanently impair Tenant's use of the balance of the Premises for the normal operation of Tenant's businessPremises. Tenant must exercise its right to terminate by giving notice to Landlord within thirty (30) days after Tenant receives written notice from Landlord that the nature and extent of the taking have been finally determined. If Tenant elects to terminate this Lease, Tenant shall also notify Landlord of the date of termination, which date shall not be earlier than thirty (30) days nor later than ninety (90) days after Tenant has notified Landlord of its election to terminate, except that this Lease shall terminate on the date of taking if the date of taking falls on any date before the date of termination designated by Tenant.

Appears in 1 contract

Samples: Lease Agreement (Documentum Inc)

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Tenant’s Rights. If any portion of the Premises is so taken by condemnation, Tenant may elect to terminate this Lease if the portion of the Premises taken is of such extent and nature as substantially to handicap, impede or permanently impair Tenant's use of the balance of the Premises for the normal operation of Tenant's businessPremises. Tenant must exercise its right to terminate by giving notice to Landlord within thirty (30) days after Tenant receives written notice from Landlord that the nature and extent of the taking have been finally determined. If Tenant elects to terminate this Lease, Tenant shall also notify Landlord of the date of termination, which date shall not be earlier than thirty (30) days nor later than ninety (90) days after Tenant has notified Landlord of its election to terminate, except that this Lease shall terminate on the date of taking if the date of taking falls on any date before the date of termination designated by Tenant.

Appears in 1 contract

Samples: Build to Suit Lease (Probusiness Services Inc)

Tenant’s Rights. If any portion of the Premises is IS so taken by condemnation, Tenant may elect to terminate this Lease if the portion of the Premises taken is of such extent and nature as substantially to handicap, impede or permanently impair Tenant's use of the balance of the Premises for the normal operation of Tenant's businessPremises. Tenant must exercise its right to terminate by giving notice to Landlord within thirty (30) days after Tenant receives written notice from Landlord that the nature and extent of the taking have been finally determined. If Tenant elects to terminate this Lease, Tenant shall also notify Landlord of the date of termination, which date shall not be earlier than thirty (30) days nor later than ninety (90) days after Tenant has notified Landlord of its election to terminate, except that this Lease shall terminate on the date of taking if the date of taking falls on any date before the date of termination designated by Tenanttenant.

Appears in 1 contract

Samples: Lease Agreement (Consumer Net Marketplace Inc)

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