Abatement or Reduction of Rent Sample Clauses

Abatement or Reduction of Rent. In case of damage to, or destruction of, the Premises or the Building the Minimum Monthly Rent shall be abated or reduced, between the date of destruction and the date of completion of restoration, by an amount that is in the same ratio to the Minimum Monthly Rent as the total number of square feet of the Premises that are so damaged or destroyed bears to the total number of square feet in the Premises.
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Abatement or Reduction of Rent. In case of damage or destruction, and in the event this Lease is not terminated pursuant to Section 7.1 hereof, the rent shall be abated wholly or proportionately, as the case may be, until the damage shall be repaired and the Premises restored; provided, however, that in the event such damage or destruction is caused by Tenant, its agents, representatives, or employees there shall be no abatement of rent.
Abatement or Reduction of Rent. In case of destruction, there shall be no abatement or reduction of rent unless the destruction was caused by Lessor.
Abatement or Reduction of Rent. In case of damage to, or destruction of, the Premises or the Building the Rent shall be abated or reduced, between the date of destruction and the date of completion of restoration, by an amount that is in the same ratio to the Rent as the total number of square feet of the Premises that are so damaged or destroyed bears to the total number of square feet in the Premises.
Abatement or Reduction of Rent. In case of destruction to the Premises, there shall be an abatement or reduction of minimum monthly rent and common area costs only between the date of destruction and the date Landlord substantially completes its reconstruction obligations based on the extent to which the destruction interferes with Tenant’s use of the Premises, but all other obligations of Tenant under this Lease as can be reasonably executed by Tenant, shall remain in full force and effect.
Abatement or Reduction of Rent. In case of destruction, there shall be no abatement or reduction of rent, however if the Landlord cannot provide reasonable pedestrian access to the Premises for more than 30 consecutive days the Concessionaire shall have the right upon thirty days written notice to quit this Contract without penalty to either party.
Abatement or Reduction of Rent. In case of destruction, there shall be an abatement or reduction of rent between the date of destruction and the date of substantial completion of restoration based on the extent to which the destruction interferes with Tenant’s use of the Property.
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Abatement or Reduction of Rent. In the event of destruction of all or a portion of the premises or the Building and other improvements in which the premises are located, there shall be an abatement or reduction of rent, between the date of destruction and the date of completion of restoration, based on the extent to which the destruction interferes with Tenant's use of the premises.
Abatement or Reduction of Rent. In case of any destruction to the Premises, all obligations of Tenant under this Lease shall remain in effect, except that Base Rent and Lease Expenses Difference shall be abated or reduced, between the date of such destruction and the date of completion of restoration, by the ratio of (a) the area of the Premises rendered unusable or inaccessible by the destruction to (b) the area of the Premises prior to such destruction.
Abatement or Reduction of Rent. In case of a partial or total destruction of the Premises, there shall be an abatement or reduction (as applicable) of all monetary obligations hereunder including, without limitation, Rent between the date of destruction and the date upon which APL Substantially Completes reconstruction of the tenant improvements, fixtures, equipment and furnishings in the Premises and recommences the conduct of its business therein. Promptly following Landlord's completion of its restoration obligations, Landlord shall tender the premises to APL in a condition ready for commencement of APL's work. Thereafter, APL shall diligently prosecute its restoration work to completion. Such abatement shall be based on the extent to which the destruction interferes with APL's enjoyment and use of the Premises.
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