TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.
TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord shall have no obligation to locate or provide substitute or additional parking. If the taking materially impairs Tenant's use and enjoyment of the Premises, Tenant may, at its option, terminate this Lease by written notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.
TAKING OF PARKING AREA. In the event there shall be a taking of the Parking Area such that Lessor can no longer provide sufficient parking to comply with this lease, Lessor may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Lessor fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Lessee's use and enjoyment of the Premise, Lessee may, at its option, terminate this Lease by written notice to Lessor, and such termination shall be effective thirty (30) days after written notice of termination is given by Lessee. If this Lease is xxx xx terminated by Lessee within thirty (30) xxxx xfter this taking, there shall be no abatement of rent and this Lease shall continue in effect.
TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer comply with applicable municipal parking ordinances or similar regulations of other public agencies Landlord may substitute therefore reasonably equivalent parking in a location reasonably close to said premises: provided that if Landlord fails to make such substitution within a reasonable time following such taking. Tenant may, at its option, terminate this Lease by notice to Landlord. If this Lease is not so terminated by Tenant, there shall be no reduction, change or abatement of any rent or other charge payable by Tenant hereunder and this Lease shall continue in full force and effect.
TAKING OF PARKING AREA. In the event there shall be a taking of the parking area associated with any Building such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may (after consultation with Tenant as to the location of such substitute parking) substitute reasonably equivalent parking in a location reasonably close to the applicable Building; provided that if Landlord fails to make that substitution within thirty (30) days following the taking and if the taking materially impairs Tenant’s use and enjoyment of the applicable Premises, Tenant may, at its option, terminate this Lease as to such Building by written notice to Landlord. Absent such termination by Tenant, there shall be no abatement of rent and this Lease shall continue in effect. Any dispute regarding the substitution of parking spaces under this Section 12.3 shall be submitted to and resolved by JAMS arbitration pursuant to Section 22.7 of this Lease.
TAKING OF PARKING AREA. In the event that (i) there is a taking of (a) more than twenty percent (20%) of the vehicle parking spaces located on the Site as of the Commencement Date, or (b)more than ten percent (10%) percent of the area designated on Exhibit A-2 attached hereto as the ----------- "Fenced Area", and (ii) Landlord is unable to substitute reasonably equivalent parking in a location reasonably close to the Building within thirty (30) days following the taking, then Tenant may, at its option, terminate this Lease by written notice to Landlord within fifteen (15) days following the expiration of such thirty (30) day period. if this Lease is not so terminated by Tenant, there shall be no abatement of rent and this Lease shall continue in effect.
TAKING OF PARKING AREA in the event there shall be a taking of the Parking Area such that Lessor can no longer provide sufficient parking to comply with this tease, Lessor may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Lessor fails to make that substitution within ninety (90) days following the taking and if the taking materially Impairs Lessee's use and enjoyment of the Premises, Lessee may, at its option, terminate this Lease by notice to Lessor. If this Lease is not so terminated by Lessee, there shall be no abatement of rent and this Lease shall continue in effect.
TAKING OF PARKING AREA. In the event that there shall be a taking of the parking area such that Landlord can no longer comply with applicable municipal parking ordinances or similar regulations of other public agencies,
TAKING OF PARKING AREA. In the event there shall be a taking of the parking area such that Landlord can no longer provide sufficient parking to comply with this Lease, Landlord may substitute reasonably equivalent parking in a location reasonably close to the Building; provided that if Landlord fails to make that substitution within ninety (90) days following the taking and if the taking materially impairs Tenant's use and enjoyment
TAKING OF PARKING AREA. Notwithstanding Section 19.2, if any part of the Parking Area shall be acquired by a Taking, Landlord shall have the right to provide substitute parking facilities and this Lease shall continue in full force and effect unless a governmental entity forces the closing of the Building. If a closing is required, this Lease shall terminate on the date of closing.
