Examples of Partial Taking in a sentence
On a Partial Taking, the Lease shall remain in full force and effect covering the remaining Premises, except that the total Rent as otherwise provided herein shall be reduced in the same ratio as the percentage of the area of the Premises taken bears to the total area of the Premises.
The resulting diminution in Fair Market Value on the effective date of a Partial Taking shall be as established pursuant to Exhibit “E”.
Each party waives the provisions of California Code of Civil Procedure Section 1265.130 allowing either party to petition the Superior Court to terminate this Lease in the event of a Partial Taking.
The resulting diminution in Fair Market Value on the effective date of a Partial Taking shall be as established pursuant to Exhibit C.
Promptly after a Partial Taking, Tenant shall repair, alter, modify or reconstruct the Improvements (“Restoring”) so as to make them reasonably suitable for Tenant’s continued occupancy for the uses and purposes for which the Premises are leased.