Common use of Taking - Landlord's and Tenant's Rights Clause in Contracts

Taking - Landlord's and Tenant's Rights. If any part of the Building is taken by right of eminent domain or conveyed in lieu thereof (a "Taking"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may, at its expense, relocate Tenant to office space reasonably comparable to the Premises and reasonably acceptable to Tenant, provided that Landlord notifies Tenant of its intention to do so within 60 days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 120 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 90 days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease, then Rent shall be abated from the date of such Taking on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Building is taken by right of eminent domain or conveyed in lieu thereof (a "Taking"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may, at its expense, relocate Tenant to office space reasonably comparable to the Premises and reasonably acceptable to TenantPremises, provided that Landlord notifies Tenant of its intention to do so within 60 thirty (30) days after the Taking. Such relocation may be for a portion p01tion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 120 one hundred eighty (180) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 90 sixty (60) days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease, then Rent shall be abated from the date of such Taking on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.. ​

Taking - Landlord's and Tenant's Rights. If any part of the Building is taken by right of eminent domain or conveyed in lieu thereof (a "Taking"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may, at its expense, relocate Tenant to office space reasonably comparable to the Premises and reasonably acceptable to TenantPremises, provided that Landlord notifies Tenant of its intention to do so within 60 30 days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 120 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 90 60 days after the Taking, and Rent shall shell be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease, then Rent shall be abated from the date of such Taking on a reasonable basis as to that portion of the Premises premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Building is taken by right of eminent domain or conveyed in lieu thereof (a "“Taking"”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may, at its expense, relocate Tenant to office space reasonably comparable to the Premises and reasonably acceptable to TenantPremises, provided that Landlord notifies Tenant of its intention to do so within 60 thirty (30) days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 120 two hundred ten (210) days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 90 sixty (60) days after the Taking, Taking and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease, then Rent shall be abated from the date of such Taking on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Building is Buildings taken by right of eminent domain or conveyed in lieu thereof (a "“Taking"”), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may, may at its expense, relocate Tenant to office space reasonably comparable to the Premises and reasonably acceptable to TenantPremises, provided that Landlord notifies Tenant of its intention to do so within 60 days after prior to the effective date of the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 120 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 90 60 days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease, Lease then Rent shall be abated from the date of such Taking adjusted on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.

Taking - Landlord's and Tenant's Rights. If any part of the Building is taken by right of eminent domain or conveyed in lieu thereof (a "Taking"), and such Taking prevents Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking, then Landlord may, at its expense, relocate Tenant to office space reasonably comparable to the Premises and reasonably acceptable to TenantPremises, provided that Landlord notifies Tenant of its intention to do so within 60 30 days after the Taking. Such relocation may be for a portion of the remaining Term or the entire Term. Landlord shall complete any such relocation within 120 180 days after Landlord has notified Tenant of its intention to relocate Tenant. If Landlord does not elect to relocate Tenant following such Taking, or if the new premises is not reasonably acceptable to Tenant, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within 90 60-days after the Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not relocate Tenant and Tenant does not terminate this Lease, then Rent shall be abated from the date of such Taking on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking.