Rent Adjustment. In the event that the Tenant does not elect to terminate this Ground Lease pursuant to Section 20.2, then this Ground Lease and the term hereof shall continue in full force and effect, and the monthly Rent shall be adjusted pro-rata in accordance with the land area of the property actually taken by the condemning authority.
Appears in 12 contracts
Sources: Ground Lease Agreement (Venture Global, Inc.), Ground Lease Agreement (Venture Global, Inc.), Ground Lease Agreement (Venture Global, Inc.)
Rent Adjustment. In the event that the Tenant does not elect to terminate this Ground Lease pursuant to Section 20.2, then this Ground Lease and the term hereof shall continue in full force and effect, and the monthly Rent shall be adjusted pro-rata in accordance with the land area of the property actually taken by the condemning authority.
Appears in 8 contracts
Sources: Ground Lease Agreement (Venture Global, Inc.), Ground Lease Agreement (Venture Global, Inc.), Ground Lease Agreement (Venture Global, Inc.)
Rent Adjustment. In the event that the Tenant does not elect to terminate this Ground Lease pursuant to Section 20.223.2 above, then this Ground Lease and the term hereof shall continue in full force and effect, and the monthly Rent base annual rent shall be adjusted pro-rata in accordance with the land area of the property actually taken by the condemning authority.
Appears in 3 contracts
Sources: Ground Lease Agreement (Ameristar Casinos Inc), Ground Lease Agreement (Ameristar Casinos Inc), Ground Lease Agreement With Option to Purchase (Pinnacle Entertainment Inc)
Rent Adjustment. In the event that the Tenant does not elect to terminate this Ground Lease pursuant to Section 20.2, then this Ground Lease and the term hereof Term shall continue in full force and effect, and the monthly Rent shall be adjusted pro-rata in accordance with the land area of the property actually taken by the condemning authority.
Appears in 2 contracts
Sources: Ground Lease Agreement (Venture Global, Inc.), Ground Lease Agreement (Venture Global, Inc.)
Rent Adjustment. In the event that the Tenant does not elect to terminate this Ground Lease pursuant to Section 20.2, then this Ground Lease and the term hereof Term shall continue in full force and effect, and the monthly Rent shall be adjusted pro-rata in accordance with the land area of the property actually taken by the condemning authority.
Appears in 2 contracts
Sources: Ground Lease Agreement (Venture Global, Inc.), Ground Lease Agreement (Venture Global, Inc.)
Rent Adjustment. In the event that the Tenant does not elect to terminate this Ground Lease pursuant to Section 20.221.2 above, then this Ground Lease and the term hereof shall continue in full force and effect, and the monthly Rent base annual rent shall be adjusted pro-rata in accordance with the land area of the property actually taken by the condemning authority.
Appears in 1 contract
Sources: Ground Lease Agreement (Pinnacle Entertainment Inc)