Common use of Abatement Clause in Contracts

Abatement. The Rent shall xxxxx on an equitable basis to the extent Tenant’s use of the Premises is impaired, commencing with the date of the casualty and continuing until completion of the repairs required of Landlord; provided that if the damage is due to the negligence or willful misconduct of any Tenant Related Party, Rent shall only xxxxx to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 8 contracts

Samples: Office Lease (Biodesix Inc), Office Lease, Office Lease (Eargo, Inc.)

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Abatement. The Rent shall will xxxxx on an equitable basis to the extent Tenant’s use of the Premises is impaired, commencing with the date of the casualty and continuing until completion of the repairs required of Landlord; provided that if the damage is due to the negligence or willful misconduct of any Tenant Related Party, Rent shall will only xxxxx to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Samples: Service Gross Lease (YanGuFang International Group Co., LTD)

Abatement. The Rent shall xxxxx on an equitable basis to the extent Tenant’s use of the Premises is impaired, commencing with the date of the casualty and continuing until completion of the repairs required of Landlord; provided that if the damage is due to the gross negligence or willful misconduct of any Tenant Related Party, Rent shall only xxxxx to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Samples: Office Lease (Shockwave Medical, Inc.)

Abatement. The Rent shall xxxxx axxxx on an equitable basis to the extent Tenant’s use of the Premises is impaired, commencing with the date of the casualty and continuing until completion of the repairs required of Landlord; provided that if the damage is due to the negligence or willful misconduct of any Tenant Related Party, Rent shall only xxxxx axxxx to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Samples: Office Lease (HF Enterprises Inc.)

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Abatement. The Rent shall xxxxx axxxx on an equitable basis to the extent Tenant’s use of the Premises is impaired, commencing with the date of the casualty and continuing until completion of the repairs required of Landlord; provided that if the damage is due to the gross negligence or willful misconduct of any Tenant Related Party, Rent shall only xxxxx axxxx to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Samples: Office Lease (ShockWave Medical, Inc.)

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