Common use of Abatement Clause in Contracts

Abatement. The Rent shall ▇▇▇▇▇ 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 ▇▇▇▇▇ to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 8 contracts

Sources: Office Lease (Eargo, Inc.), Office Lease (Biodesix Inc), Office Lease (Net)

Abatement. The Rent shall a▇▇▇▇ 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 a▇▇▇▇ to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Sources: Office Lease (ShockWave Medical, Inc.)

Abatement. The Rent shall a▇▇▇▇ 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 a▇▇▇▇ to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Sources: Office Lease (HF Enterprises Inc.)

Abatement. The Rent shall will ▇▇▇▇▇ 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 ▇▇▇▇▇ to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Sources: Office Full Service Gross Lease (YanGuFang International Group Co., LTD)

Abatement. The Rent shall ▇▇▇▇▇ 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 ▇▇▇▇▇ to the extent the same is covered by rent loss insurance, if any, carried by Landlord.

Appears in 1 contract

Sources: Office Lease (Shockwave Medical, Inc.)