Common use of Tenant’s Termination Right Clause in Contracts

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time and thereby made reasonably suitable for the continued operation of the Tenant's business, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) of the number of spaces allocated to Tenant by Section 4.5, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days of Tenant's notice of such taking, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time (as determined by Tenant) and thereby made reasonably suitable for the continued operation of the Tenant's business, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) of the number of spaces allocated to Tenant by Section 4.5¶2.1, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days a reasonable period of Tenant's notice of such takingtime, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time and thereby made reasonably suitable for the continued operation of the Tenant's business, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) of the number of spaces allocated to Tenant by Section 4.5Paragraph 2.1, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days a reasonable period of Tenant's notice of such takingtime, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) % or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time not to exceed ninety (90) days and thereby made reasonably suitable for the continued operation of the Tenant's business, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) % of the number of spaces allocated to Tenant by Section 4.5P. 2.1, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days a reasonable period of Tenant's notice of such takingtime, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time and thereby made reasonably suitable for the continued operation of the Tenant's ’s business, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) of the number of spaces allocated to Tenant by Section 4.52.1, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping re-striping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days a reasonable period of Tenant's notice of such takingtime, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) % or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time and thereby made reasonably suitable for the continued operation of the Tenant's business, in Tenant's reasonable discretion, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) % of the number of spaces allocated to Tenant by Section 4.52.1, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping re-striping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days a reasonable period of Tenant's notice of such takingtime, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.

Tenant’s Termination Right. Tenant shall have the right to -------------------------- terminate this Lease if, as a result of any taking by means of the exercise of the power of eminent domain (including any voluntary sale or transfer by Landlord to any condemnor under threat of condemnation), (i) ten percent (10%) % or more of the Premises (other than the Storage Area) is so taken and that part of the Premises that remains cannot be restored within a reasonable period of time and thereby made reasonably suitable suitable, in Tenant’s reasonable judgment, for the continued operation of the Tenant's ’s business, or (ii) there is a taking affecting the Common Area and, as a result of such taking, Landlord cannot provide parking spaces within reasonable walking distance of the Premises equal in number to at least eighty percent (80%) 100% of the number of spaces allocated to Tenant by Section 4.52.1, whether by rearrangement of the remaining parking areas in the Common Area (including construction of multi-deck parking structures or restriping re-striping for compact cars where permitted by Law) or by alternative parking facilities on other land. Tenant must exercise such right within thirty (30) days a reasonable period of Tenant's notice of such takingtime, to be effective on the date that possession of that portion of the Premises or Common Area that is condemned is taken by the condemnor.