Common use of Tenant’s Termination Right Clause in Contracts

Tenant’s Termination Right. If the part of the Building or the Real Property so acquired or condemned contains a substantial part of the total area of the Premises immediately prior to such acquisition or condemnation, or if, by reason of such acquisition or condemnation, Tenant no longer has reasonable means of access to the Premises, Tenant may terminate this Lease by notice to Landlord given within sixty (60) days following the date upon which Tenant received notice of such acquisition or condemnation. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in the notice, which date shall not be more than thirty (30) days following the giving of such notice. If a part of the Premises shall be so acquired or condemned and this Lease and the Term shall not be terminated in accordance with this Section, Landlord, at Landlord’s expense but without requiring Landlord to spend more than it collects as an award, shall, subject to the provisions of any Mortgage or Superior Lease, restore that part of the Premises not so acquired or condemned to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnation, excluding Tenant’s Property, Tenant’s Alterations and/or Above Building Standard Installations.

Tenant’s Termination Right. If the part of the Building or the Real Property so acquired or condemned contains a substantial part more than 15% of the total area of the Premises immediately prior to such acquisition or condemnation, or if, by reason of such acquisition or condemnation, Tenant no longer has reasonable means of access to the PremisesPremises or is no longer able to operate its business in the Premises in substantially the same manner as Tenant operated its business in the Premises prior to such acquisition or condemnation, Tenant may terminate this Lease by notice to Landlord given within sixty (60) 60 days following the date upon which Tenant received notice of such acquisition or condemnation. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in the notice, which date shall not be more than thirty (30) 30 days following the giving of such notice. If a part of the Premises shall be so acquired or condemned and this Lease and the Term shall not be terminated in accordance with this Section, Section 14.1 Landlord, at Landlord’s expense expense, but without requiring Landlord to spend more than it collects as an award, shall, subject to the provisions of any Mortgage or Superior Lease, restore that part of the Premises not so acquired or condemned to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnation, excluding Tenant’s Property, Tenant’s Alterations Property and/or Above Building Standard InstallationsSpecialty Alterations.

Tenant’s Termination Right. If the part of the Building or the Real -------------------------- Property so acquired or condemned contains a substantial part consists of more than one (1) floor of the total area of the Premises immediately prior to such acquisition or condemnationBuilding, or if, by reason of such acquisition or condemnation, Tenant no longer has reasonable means of access to the Premises, Tenant may terminate this Lease by notice to Landlord given within sixty thirty (6030) days following the date upon which Tenant received notice of such acquisition or condemnation. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in the notice, which date shall not be more than thirty thirtieth (3030th) days day following the giving of such notice. If a part of the Premises shall be so acquired or condemned and this Lease and the Term shall not be terminated in accordance with this Section, Section 14.1 Landlord, at Landlord’s expense 's expense, but without requiring Landlord to spend more than it collects as an award, shall, subject to the provisions of any Mortgage or Superior Lease, restore that part of the Premises not so acquired or condemned to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnation, excluding Tenant’s Property, Tenant’s Alterations 's Property and/or Above Building Standard InstallationsSpecialty Alterations.

Tenant’s Termination Right. If the part of the Building or the Real Property so acquired or condemned Taken contains a substantial part more than 10% of the total area of the Premises occupied by Tenant immediately prior to such acquisition or condemnationTaking, or if, by reason of such acquisition or condemnationTaking, Tenant no longer has reasonable means of access to or use of the Premises, Tenant may terminate this Lease by notice to Landlord given within sixty (60) 30 days following the date upon which Tenant received is given notice of such acquisition or condemnationTaking. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in of the notice, which date shall not be more than thirty (30) days following the giving vesting of such noticetitle. If a part of the Premises shall be so acquired or condemned Taken and this Lease and the Term shall is not be terminated in accordance with this Section, Section 12.1 Landlord, at Landlord’s expense but without requiring Landlord being required to spend more than it collects as an award, shall, subject to the provisions of any Mortgage or Superior Lease, restore that part of the Premises not so acquired or condemned Taken to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnationTaking, excluding Tenant’s PropertyProperty and the Tenant improvements, Tenant’s Alterations provided that, in the event that Tenant funds the cost of restoring the Tenant Improvements and/or Above Building Standard Installationsassigns to Landlord any award that it collects in connection with the Tenant Improvements, then, subject to the sufficiency of any such funds received, Landlord shall restore such items to the condition existing immediately prior to such Taking to the extent that Landlord is provided with any such funds.

Tenant’s Termination Right. If the part of the Building or the Real Property -------------------------- so acquired or condemned contains a substantial part consists of more than one (1) floor of the total area of the Premises immediately prior to such acquisition or condemnationBuilding, or if, by reason of such acquisition or condemnation, Tenant no longer has reasonable means of access to the Premises, Tenant may terminate this Lease by notice to Landlord given within sixty thirty (6030) days following the date upon which Tenant received notice of such acquisition or condemnation. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in the notice, which date shall not be more than thirty thirtieth (3030th) days day following the giving of such notice. If a part of the Premises shall be so acquired or condemned and this Lease and the Term shall not be terminated in accordance with this Section, Section 14.1 Landlord, at Landlord’s expense 's expense, but without requiring Landlord to spend more than it collects as an award, shall, subject to the provisions of any Mortgage or Superior Lease, restore that part of the Premises not so acquired or condemned to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnation, excluding Tenant’s Property, Tenant’s Alterations 's Property and/or Above Building Standard InstallationsSpecialty Alterations.

Tenant’s Termination Right. If the part of the Building or the Real Property so acquired or condemned taken contains a substantial part more than twenty-five (25%) percent of the total area of the Premises immediately prior to such acquisition or condemnation, or if, by reason of such acquisition or condemnationTaking, Tenant no longer has reasonable means of access to the PremisesPremises or use of the Premises in a manner reasonably comparable to that conducted prior to such Taking, Tenant may terminate this Lease by notice to Landlord given within sixty thirty (6030) days following the date upon which Tenant received is given notice of such acquisition or condemnationTaking. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in the notice, which date shall not be more than thirty thirtieth (3030th) days day following the giving of such notice. If a part of the Premises shall be so acquired or condemned taken and this Lease and the Term shall is not be terminated in accordance with this Section, Section 12.1 Landlord, at Landlord’s expense but without requiring Landlord being required to spend more than it collects as an award, shall, subject to the provisions of any Mortgage or Superior Lease, shall restore that part of the Premises not so acquired or condemned taken to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnationTaking, excluding Tenant’s Property, Tenant’s Alterations and/or Property and Above Building Standard Installations, provided, however, if Landlord is unable to perform the restoration required hereunder because the same would cost more than the award, Tenant shall have the right to terminate this Lease by notice to Landlord given within thirty (30) days following the date upon which Tenant is notified of such circumstance.

Tenant’s Termination Right. If the part of the Building or the Real Property so acquired or condemned Taken contains a substantial part more than thirty percent (30%) of the total area of the Premises occupied by Tenant immediately prior to such acquisition or condemnationTaking, or if, by reason of such acquisition or condemnationTaking, Tenant no longer has reasonable means of access to the Premises, Tenant may terminate this Lease by notice to Landlord given within sixty thirty (6030) days following the date upon which Tenant received is given notice of such acquisition or condemnationTaking. If Tenant so notifies Landlord, this Lease shall terminate and the Term shall end and expire upon the date set forth in the notice, which date shall not be more than thirty (30) days 30th day following the giving of such notice. If a part of the Premises shall be so acquired or condemned Taken and this Lease and the Term shall is not be terminated in accordance with this SectionSection 12.1, Landlord, at Landlord’s expense but without requiring Landlord being required to spend more than the net amount it collects receives as an award, shall, subject to the provisions of any Mortgage or Superior Lease, shall restore that part of the Premises not so acquired or condemned Taken to a self-contained rental unit substantially equivalent (with respect to character, quality, appearance and services) to that which existed immediately prior to such acquisition or condemnationTaking, excluding Tenant’s PropertyProperty and any improvements or Alterations constructed in or to the Premises by or on behalf of Tenant from time-to-time (including the Landlord’s Work), Tenant’s Alterations and/or Above Building Standard Installationsand, if applicable, the Fixed Rent shall be adjusted on a pro rata basis to reflect the resulting reduction in the rentable area of the Premises.