Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Paragraph 15, the then current Rent and Operating Expenses shall be proportionately reduced during the period of repair or restoration, based upon the extent to which the making of repairs interferes with Tenant's business conducted in the Premises, as reasonably determined by Landlord.
Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Article 12, the then current Rentals shall be proportionately reduced during the period of repair or restoration, based upon the extent to which the making of repairs interferes with Tenant's business conducted in the Premises, as reasonably determined by Landlord. In the event Tenant reasonably disputes Landlord's determination regarding Rentals in Section 12.7 above and/or in the preceding sentence, then Tenant shall, within thirty (30) days following written notice to Tenant of such determination by Landlord, have the right to send Landlord written notice objecting to such determination and requesting that Landlord and Tenant determine by arbitration the extent to which Rentals should be proportionately reduced during the period described in Section 12.7 above or the period of repair or restoration, which arbitration shall be carried out pursuant to the rules and procedures of the American Arbitration Association. All costs and expenses of any such arbitration shall be shared equally by Landlord and Tenant. The determination of any such arbitration shall be binding upon Landlord and Tenant.
Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Article 15, the then current Rentals shall be proportionately reduced during the period of repair or restoration, based upon the extent to which the making of repairs interferes with Tenant's business conducted in the Premises, as reasonably determined by Landlord.
Abatement of Rentals. If Landlord is required or elects to rebuild or restore the Premises pursuant to this Article 11, the then-current Monthly Base Rent, Excess Taxes and Excess Insurance Costs shall be proportionately reduced during the period of repair or restoration, based upon the extent to which the damage or making of repairs interferes with Xxxxxx's business conducted in the Premises, as reasonably determined by Landlord, but only to the extent of any rental loss insurance proceeds received by Landlord with respect to such damage or destruction to the Premises. All other obligations of Tenant under this Lease shall continue unaffected.
Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Paragraph 14, the then current Rent shall be proportionately reduced during the period of repair or restoration, based upon the extent to which the making of repairs interferes with Tenant's business conducted in the Premises, as reasonably determined by Landlord, and the extent to which such loss is covered as an insured peril by the insurance carried by Landlord pursuant to Paragraph 7.1. All other Rentals due hereunder shall continue unaffected.
Abatement of Rentals. In the event of damage r or destruction to all or any portion of the leased premises Premises which renders the same unusable, there shall be an appropriate abatement or reduction of the rental, fees and charges payable hereunder, at the sole reasonable discretion of and as determined by CITY, commencing at the time of such damage or destruction, but only to the extent that CITY is able to mitigate its damages through insurance proceeds and continuing until such time as CITY’s engineers certify that said leased premises Premises are again ready for use by LESSEE.
Abatement of Rentals. If the Premises or the Common Area are to be rebuilt or restored pursuant to this Paragraph 15, the then current Rentals shall effective upon the date of the damage or destruction be proportionately reduced pending completion of the repair or restoration, based upon the extent to which the damage and destruction or the making of repairs thereof interferes with Tenant’s business conducted in the Premises, as reasonably determined by Landlord and Tenant, to the extent such loss is covered as an insured period by the insurance carried by Landlord.
Abatement of Rentals. The Base Rent, Additional Rent and other charges due under this Lease shall be reduced or abated by reason of any damage or destruction to the Premises as provided in Section 8.1 above. Tenant shall have no claim against Landlord, including, without limitation, for compensation for inconvenience or loss of business, profits or goodwill during any period of repair or reconstruction.
Abatement of Rentals. In the event of damage to or destruction of the Premises, the Base Rent and all other amounts payable by Tenant under this Lease shall be proportionately reduced until the repair and restoration is completed, based upon the extent to which the damage or destruction and/or the making of repairs interferes with Tenant's use and enjoyment of the Premises. All other obligations of Tenant under this Lease shall continue unaffected, all subject to rental abatement insurance as provided in Section 11.2 below.
Abatement of Rentals. Lessor and Lessee each agree that the monthly rentals required to be paid by Lessee to Lessor hereunder shall not xxxxx, but rather shall continue to be an obligation of the Lessee, regardless of whether the Aircraft is lost or damaged, whether the Aircraft is removed from Lessee's possession by Lessor or a third party, whether the Aircraft is not available for use by Lessee as a result of maintenance or repairs being performed on the Aircraft, or for any other reason.
