Common use of Adjustment of Rent Clause in Contracts

Adjustment of Rent. If a portion of the Premises is taken and Landlord does not elect to terminate this Lease pursuant to the preceding paragraph, then Rent shall be equitably adjusted as of the date title vests in the authority and this Lease shall otherwise continue in full force and effect.

Appears in 5 contracts

Samples: Office Lease (Sucampo Pharmaceuticals, Inc.), Office Lease (Global Secure Corp.), Office Lease (Genvec Inc)

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Adjustment of Rent. If a portion of the Premises is taken and Landlord does not elect to terminate this Lease pursuant to the preceding paragraphSection 18.A. hereof, then Base Rent and Additional Rent payable pursuant to Section 5 hereof shall be equitably adjusted as of the date title vests in the authority and this Lease shall otherwise continue in full force and effect.

Appears in 5 contracts

Samples: Office Lease (Cellular Biomedicine Group, Inc.), Office Lease (Cellular Biomedicine Group, Inc.), Deed of Lease (Novavax Inc)

Adjustment of Rent. If a portion of the Premises is taken and Landlord does not elect to terminate this Lease pursuant to the preceding paragraphSection 16.1, then Base Rent and Additional Rent shall be equitably adjusted as of the date title vests in the authority and this Lease shall otherwise continue in full force and effect.

Appears in 1 contract

Samples: Lease Agreement (Gsi Technology Inc)

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Adjustment of Rent. If a portion of the Premises is taken and Landlord does not elect to terminate this Lease pursuant to the preceding paragraphsection, then Rent shall be equitably adjusted as of the date title vests in the authority and this Lease shall otherwise continue in full force and effect.

Appears in 1 contract

Samples: Agreement of Lease (Yellow Brix Inc)

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