Common use of Partial Taking Clause in Contracts

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 21 contracts

Samples: Sublease Agreement (Compellent Technologies Inc), Lease Agreement (Tenby Pharma Inc), Lease Agreement (CNS Inc /De/)

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Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this SectionSection 13(a), (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 3 contracts

Samples: Intellectual Property Agreement (Stratex Networks Inc), Intellectual Property Agreement (Harris Corp /De/), Lease Agreement (Harris Stratex Networks, Inc.)

Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably reasonable possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 2 contracts

Samples: Lease Agreement (MR2 Group, Inc.), Lease Agreement (MR2 Group, Inc.)

Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building Property and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 2 contracts

Samples: Lease Agreement (Kroll Inc), Lease Agreement (Ontrack Data International Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Section * Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as * nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the * condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation * except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such * restoration.

Appears in 1 contract

Samples: Agreement of Lease (Valley Forge Scientific Corp)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which which, the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Synchronoss Technologies Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation condemnation, except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Termination Agreement (Open Plan Systems Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i1) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the ii)the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Agreement of Lease (Kenexa Corp)

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Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (iI) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Agreement of Lease (Aht Corp)

Partial Taking. If there is a condemnation and this lease Lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor condemning authority took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent and Real Estate Taxes and Operating Expenses according to the rental value of the Premises before and after the date upon which the condemnor condemning authority took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (Plato Learning Inc)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, . (i) Landlord shall restore the Building and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Lease Agreement (NationsHealth, Inc.)

Partial Taking. If there is a condemnation and this lease has not been terminated pursuant to this Section, (i) Landlord shall restore the Building and the improvements which are a area part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes such restoration.

Appears in 1 contract

Samples: Agreement of Lease (Verticalnet Inc)

Partial Taking. If there is a condemnation and this lease Lease has not net been terminated pursuant to this Section, (i) Landlord shall restore the Building Buildings and the improvements which are a part of the Premises to a condition and size as nearly comparable as reasonably possible to the condition and size thereof immediately prior to the date upon which the condemnor took possession and (ii) the obligations of Landlord and Tenant shall be unaffected by such condemnation except that there shall be an equitable abatement of the Minimum Annual Rent according to the rental value of the Premises before and after the date upon which the condemnor took possession and/or the date Landlord completes completed such restoration.

Appears in 1 contract

Samples: Lease Agreement (First Chester County Corp)

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