Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections .02 and .03 of this Article, the portion of the rent attributable to untenable Premises will xxxxx from the date of casualty until such time as Authority issues notice to Company that the untenable portion of the Premises can be re-occupied. Notwithstanding the foregoing, in the event the Premises are damaged or destroyed as a result of the act or omission of Company, including negligence, Company’s Rents, fees and charges will not xxxxx, and Company will be responsible for all costs to repair or rebuild that portion of the Premises damaged or destroyed as a result of Company’s act or omission.
Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections 19.02 and
Abatement of Rents. In the event of extensive damage or complete destruction as referenced in Sections 19.02 and 19.03, the portion of the Rents attributable to untenable Airline Premises will xxxxx from the date of casualty until such time as the Authority issues notice to the Airline that the untenable portion of the Airline Premises can be re-occupied. Notwithstanding the foregoing, in the event the Airline Premises are damaged or destroyed as a result of the act or omission of the Airline, including negligence, the Airline’s Rents will not xxxxx, and the Airline will be responsible for all costs to repair or rebuild that portion of the Airline Premises damaged or destroyed as a result of the Airline’s act or omission.
Abatement of Rents. If Tenant does not so terminate this Lease, then all rent payable hereunder shall be reduced by multiplying a fraction, the numerator of which is the gross leasable area taken, and the denominator of which is the gross leasable area of the Restaurant prior to the Taking. Further, if the parties are unable to agree as to the amount of abatement, within forty-five (45) days after the Taking, the matter shall be submitted to arbitration under the rules of the American Arbitration Association.
Abatement of Rents
