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.
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Samples: Net Lease Agreement (Integrated Device Technology Inc), Net Lease Agreement (Integrated Device Technology Inc), Net Lease Agreement (Integrated Device Technology Inc)
Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Paragraph 15, the then current Rent and Operating Expenses 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 ’s business conducted in the Premises, as reasonably determined by LandlordLandlord and Tenant, to the extent such loss is covered as an insured peril by the insurance carried, or required to be carried, by Landlord pursuant to Paragraph 8.1.
Appears in 2 contracts
Samples: Net Lease Agreement (Laserscope), Net Lease Agreement (Trident Microsystems Inc)
Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Paragraph 15, the then current Rent and Operating Expenses 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 LandlordLandlord and Tenant, to the extent such loss is covered as an insured peril by the insurance carried, or required to be carried, by Landlord pursuant to Paragraph 8.1.
Appears in 2 contracts
Samples: Net Lease Agreement (Laserscope), Net Lease Agreement (Laserscope)
Abatement of Rentals. If the Premises are to be rebuilt or -------------------- restored pursuant to this Paragraph 15, the then current Rent and Operating Expenses 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 Tenant and Landlord, to the extent such loss is covered as an insured peril by the insurance carried, or required to be carried hereunder, by Landlord pursuant to Paragraph 8.1.
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Abatement of Rentals. If the Premises are to be rebuilt or -------------------- restored pursuant to this Paragraph 15, the then current Rent and Operating Expenses 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 LandlordLandlord and Tenant, to the extent such loss is covered as an insured peril by the insurance carried, or required to be carried, by Landlord pursuant to Paragraph 8.1.
Appears in 1 contract
Samples: Net Lease Agreement (Navisite Inc)
Abatement of Rentals. If the Premises are to be rebuilt or restored pursuant to this Paragraph 15, the then current Rent and Operating Expenses 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 ’s business conducted in the Premises, as reasonably determined by Landlord.
Appears in 1 contract
