Common use of Partial Taking; Common Areas Clause in Contracts

Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant can elect to terminate this Lease if 33-1/3% or more of the total number of square feet in the Leased Premises is taken.

Appears in 9 contracts

Samples: Office Lease (Terns Pharmaceuticals, Inc.), Office Lease (Kronos Bio, Inc.), Office Lease (Kronos Bio, Inc.)

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Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant can elect to terminate this Lease if 33-1/3% or more of the total number of square feet in the Leased Premises is taken.

Appears in 3 contracts

Samples: Office Lease (Sphere 3D Corp), Office Lease (Biotie Therapies Corp.), Office Lease (Insweb Corp)

Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant can elect to terminate this Lease if 33-1/320% or more of the total number of square feet in the Leased Premises is takentaken or access to the Leased Premises is materially impaired.

Appears in 2 contracts

Samples: Office Lease, Office Lease (Puma Biotechnology, Inc.)

Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant Lessee can elect to terminate this Lease if thirty-three and one-third percent (33-1/3% %) or more of the total number of square feet in the Leased Premises is taken.

Appears in 1 contract

Samples: Office Lease (Itex Corp)

Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant Lessee can elect to terminate this Lease if 33-1/3% or more of the total number of square feet in the Leased Premises is taken, or such taking can be reasonable construed to impair the business operations of Lessee.

Appears in 1 contract

Samples: Sublease Agreement (Innova Corporation)

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Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant can elect to terminate this Lease if 33-33 1/3% or more of the total number of square feet of Rentable Area in the Leased Premises is taken.

Appears in 1 contract

Samples: Office Lease (Artisoft Inc)

Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant can elect to terminate this Lease if 33-1/3% 33?% or more of the total number of square feet in the Leased Premises is taken.

Appears in 1 contract

Samples: Office Lease (Webex Communications Inc)

Partial Taking; Common Areas. (a) If any portion of the Leased Premises is taken by condemnation, this Lease shall remain in effect, except that Tenant can elect to terminate this Lease if 33-1/3331/3% or more of the total number of square feet in the Leased Premises is taken.

Appears in 1 contract

Samples: Office Lease (Witness Systems Inc)

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