Common use of Effective Date of Termination; Rent Apportionment Clause in Contracts

Effective Date of Termination; Rent Apportionment. If Landlord or Tenant elects to terminate this Lease under this Article in connection with a Casualty, such termination shall be effective thirty (30) days after delivery of notice of such election. Tenant shall pay Rent, properly apportioned up to the date of the Casualty. After the effective date of the termination, Landlord and Tenant shall be discharged of all future obligations under this Lease, except for those provisions that, by their terms, survive the expiration or earlier termination of the Lease.

Appears in 2 contracts

Samples: Tenant Improvement Agreement (Zogenix Inc), Tenant Improvement Agreement (Collateral Therapeutics Inc)

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Effective Date of Termination; Rent Apportionment. If Landlord or Tenant elects to terminate this Lease under this Article 14 in connection with a Casualty, such this termination shall be effective thirty (30) days after delivery of notice of such election. Tenant shall pay Rent, properly apportioned up to the date of the Casualty. After the effective date of the termination, Landlord and Tenant shall be discharged of all future obligations under this Lease, except for those provisions that, by their terms, survive the expiration or earlier termination of the Lease.

Appears in 2 contracts

Samples: Office Lease (National Information Group), Office Lease (National Insurance Group /Ca/)

Effective Date of Termination; Rent Apportionment. If Landlord or Tenant elects to terminate this Lease under this Article 16 in connection with a Casualty, such this termination shall be effective thirty (30) days after delivery of notice of such election. Tenant shall pay Rent, properly apportioned up to the date of the Casualty. After the effective date of the termination, Landlord and Tenant shall be discharged of all future obligations under this Lease, except for those provisions that, by their terms, survive the expiration or earlier termination of the Lease.. ARTICLE 17

Appears in 1 contract

Samples: Sublease Agreement (Starent Networks, Corp.)

Effective Date of Termination; Rent Apportionment. If Landlord or Tenant elects to terminate this Lease under this Part III, Article 15 in connection with a Casualty, such termination shall be effective thirty (30) 30 days after delivery of written notice of such electionelection to allow Tenant time to remove Tenant’s equipment and Trade Fixtures. Tenant shall pay Rent, properly apportioned and abated, up to the effective date of the Casualtytermination. After the effective date of the termination, Landlord and Tenant shall be discharged of all future obligations under this Lease, except for those provisions that, by their terms, survive the expiration or earlier termination of the this Lease.

Appears in 1 contract

Samples: Beach Studios (Marvel Entertainment, Inc.)

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Effective Date of Termination; Rent Apportionment. If Landlord or Tenant elects to terminate this Lease under this Article 15 in connection with a Casualty, such this termination shall be effective thirty (30) days after delivery of notice of such election. Tenant shall pay Rent, properly apportioned up to the date of the Casualty. After the effective date of the termination, Landlord and Tenant shall be discharged of all future obligations under this Lease, except for those provisions that, by their terms, survive the expiration or earlier termination of the Lease. . Any Prepaid Rent which has not been earned shall also be timely refunded and the Security Deposit shall be returned pursuant to Article 6.

Appears in 1 contract

Samples: Stock Grant Agreement (Quokka Sports Inc)

Effective Date of Termination; Rent Apportionment. If Landlord or Tenant elects to terminate this Lease under this Article 15 in connection with a Casualty, such this termination shall be effective thirty (30) days after delivery of notice of such election. Tenant shall pay Rent, properly apportioned up to the date of the Casualty. After the effective date of the this termination, Landlord and Tenant shall be discharged of all future obligations under this Lease, except for those provisions that, by their terms, survive the expiration or earlier termination of the Lease.

Appears in 1 contract

Samples: Cayenta Inc

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