Common use of Rent Abatement and Damages to Personal Property Clause in Contracts

Rent Abatement and Damages to Personal Property. In the event Sublandlord, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Subtenant shall be entitled to a corresponding rent abatement in an amount that the net rentable area of the Subleased Premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Term. In addition, any amounts paid or credited to Sublandlord under the terms of the Master Lease for damage to Subtenant's personal property shall be credited to Subtenant, subject to the same limitations set forth above.

Appears in 3 contracts

Samples: Support Com Inc, Support Com Inc, Support Com Inc

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Rent Abatement and Damages to Personal Property. In the event SublandlordSublessor, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Subtenant Sublessee shall be entitled to a corresponding rent abatement in an amount that the net rentable area of the Subleased Premises premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Term. In addition, any amounts paid or credited to Sublandlord Sublessor under the terms of the Master Lease for damage to Subtenant's personal property shall be credited to SubtenantSublessee, subject to the same limitations set forth above.

Appears in 3 contracts

Samples: Southwall Technologies Inc /De/, Southwall Technologies Inc /De/, Cidco Inc

Rent Abatement and Damages to Personal Property. In the event Sublandlord, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premisessubleased premises, Subtenant shall be entitled to a corresponding rent abatement in an amount that the net rentable area of the Subleased Premises subleased premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Termsublease term. In addition, any amounts paid or credited to Sublandlord under the terms of the Master Lease for damage to Subtenant's personal property shall be credited to Subtenant, subject to the same limitations set forth above.

Appears in 1 contract

Samples: Phase Metrics Inc

Rent Abatement and Damages to Personal Property. In the event SublandlordSublessor, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Subtenant . Sublessee shall be entitled to a corresponding rent abatement in an amount that the net rentable area of the Subleased Premises premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to in the Sublease Term. In addition, any amounts paid or credited to Sublandlord Sublessor under the terms of the Master Lease for damage to Subtenant's personal property shall be credited to SubtenantSublessee, subject to the same limitations set forth above.

Appears in 1 contract

Samples: Entire Agreement (Medibuy Com Inc)

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Rent Abatement and Damages to Personal Property. In the event SublandlordSublessor, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premises, Subtenant Sublessee shall be entitled to a corresponding rent abatement in an amount that the net rentable area of the Subleased Premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Term. In addition, any amounts paid or credited to Sublandlord Sublessor under the terms of the Master Lease for damage to Subtenant's personal property shall be credited to SubtenantSublessee, subject to the same limitations set forth above.

Appears in 1 contract

Samples: Office Lease (Telik Inc)

Rent Abatement and Damages to Personal Property. In the event Sublandlord, pursuant to the terms of the Master Lease, is entitled to and receives rent abatement, then to the extent such rent abatement affects the Subleased Premisessubleased premises, Subtenant shall be entitled to a corresponding rent abatement in an amount that the net rentable area of the Subleased Premises bears to the total net rentable area of the Master Lease, and only to the extent any such abatement applies to the Sublease Term. In addition, any amounts paid or credited to Sublandlord under the terms of the Master Lease for damage to Subtenant's personal property shall be credited to Subtenant, subject to the same limitations set forth above.

Appears in 1 contract

Samples: Attornment Agreement (General Magic Inc)

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