No Rent Abatement Clause Samples
The No Rent Abatement clause establishes that the tenant is required to continue paying full rent even if certain issues arise with the leased property, such as damage, repairs, or interruptions in use. In practice, this means that events like property maintenance, renovations, or temporary loss of access do not entitle the tenant to reduce or withhold rent payments. The core function of this clause is to protect the landlord’s income stream by ensuring that rent obligations remain unaffected by disruptions, thereby allocating the risk of such events to the tenant.
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No Rent Abatement. Tenant shall continue to pay all Rent due or accruing under this Lease during any Clean-up, and shall not be entitled to any reduction, offset or deferral of any Base Rent or Additional Rent due or accruing under this Lease during any such Clean-up.
No Rent Abatement. Rent shall not ▇▇▇▇▇ hereunder by reason of any Casualty, any Event of Loss, any Event of Taking or any Condemnation of any portion of the Leased Property, and the Lessee shall continue to perform and fulfill all of the Lessee’s obligations, covenants and agreements hereunder notwithstanding such Casualty, Event of Loss, Event of Taking or Condemnation until the Lease Expiration Date.
No Rent Abatement. There shall be no abatement of Rent and no liability of Landlord by reason of any injury to or interference with Tenant's business arising from the making of any repairs, alterations or improvements in or to any portion of the Premises, or in or to improvements, fixtures, equipment and personal property therein.
No Rent Abatement. Rent shall not abat▇ ▇▇▇eunder by reason of any Casualty, any Event of Loss, any Event of Taking or any Condemnation of the Leased Property, and Lessee shall continue to perform and fulfill all of Lessee's obligations, covenants and agreements hereunder notwithstanding such Casualty, Event of Loss, Event of Taking or Condemnation until the Lease Termination Date. The foregoing notwithstanding, if and to the extent that, pursuant to the provisions of this Lease and the other Operative Documents, Loss Proceeds or Awards are paid over to and permanently retained by the Lender or Lessor, Lessee shall receive as a credit against its obligation to pay Basic Rent or, as applicable, the Lease Balance, in the amount of any such Loss Proceeds or Awards.
No Rent Abatement. Rent will not ▇▇▇▇▇ pending the repairs or rebuilding of the Leased Property; provided, however, that credit will be given for any rental insurance proceeds received by Landlord.
No Rent Abatement. The rent payable under this Lease shall not abat▇ ▇▇ reason of any damage or destruction of the Premises by reason of an insured or uninsured casualty. Tenant hereby waives all rights under applicable law to abat▇, ▇▇duce or offset rent by reason of such damage or destruction.
No Rent Abatement. Rent will not ▇▇▇▇▇ pending the repairs or rebuilding of the Leased Property.
No Rent Abatement. Monthly rent and additional rent will not ------------------ ▇▇▇▇▇ pending the repairs or rebuilding except to the extent to which Landlord receives a net sum as proceeds of any rent insurance.
No Rent Abatement. Tenant acknowledges that the work to be performed by Tenant pursuant to this Section 5 above shall be performed during the existing Term and/or the Extended Term, that Tenant shall be entitled to (but shall not be obligated to) conduct business throughout the course of construction of such renovations and that Tenant shall not be entitled to any abatement of rent, nor shall Tenant be deemed to be constructively evicted from the Premises, as a result of the construction of such renovations.
No Rent Abatement. Except to the extent that business interruption insurance proceeds are received by Landlord, Rent will not ▇▇▇▇▇ pending the repairs or rebuilding of the Leased Property.