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.
Appears in 6 contracts
Samples: Lease (iVOW, Inc.), Office Lease (Watchguard Technologies Inc), Office Lease (Watchguard Technologies Inc)
Abatement or Reduction of Rent. In case of damage to, or destruction of, the Premises or the Building the Minimum Base 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 Base 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.
Appears in 1 contract
Samples: Lease Agreement (Lmi Aerospace Inc)
