Common use of TAKING OF A PORTION Clause in Contracts

TAKING OF A PORTION. If during the Lease Term, a portion of the Premises and/or the Facility is taken or condemned in fee for a public or quasi-public use such that the Facility is not rendered unsuitable for use as a senior housing with assisted living services facility, this Lease shall not terminate. If, however, as a result of the taking, the number of beds available for operation of the Facility as a senior housing with assisted living services facility of the type and quality existing and licensed prior to the taking has been or must be reduced, Tenant shall be entitled to an abatement of rent. The rent abatement shall be to the extent that is fair, just and equitable to both Tenant and Landlord, taking into consideration, among other relevant factors, the number of licensed beds and/or parking lots, driveways, dining and kitchen facilities or walkways affected by such loss.

TAKING OF A PORTION. If during the Lease Term, a portion of the Premises and/or mdlor the Facility is taken or condemned in fee for a public or quasi-public use such that the Facility is not rendered unsuitable for use as a senior housing with assisted living services facility, this Lease shall not terminate. If, however, as a result of the taking, the number of beds available for operation of the Facility as a senior housing with assisted living Ihing services facility of the type and quality existing exisdag and licensed prior to the taking has been or must be reduced, Tenant shall be entitled endtled to an abatement of rent. The rent abatement shall be to the extent that is fair, just and equitable to both Tenant and Landlord, taking into consideration, among other relevant factors, the number of licensed beds and/or parking lots, driveways, dining and kitchen facilities facilides or walkways affected by such loss.

TAKING OF A PORTION. If during the Lease Term, a portion of the Premises and/or the Facility is taken or condemned in fee for a public or quasi-public use such that the Facility is not rendered unsuitable for use as a senior housing personal care home with assisted living services facilityservices, this Lease shall not terminate. If, however, as a result of the taking, the number of beds units available for operation of the Facility as a senior housing personal care home with assisted living services facility of the type and quality existing and licensed prior to to-the taking has been or must be reduced, Tenant shall be entitled to an abatement of rentRent. The rent abatement shall be to the extent that is fair, just and equitable to both Tenant and Landlord, taking into consideration, among other relevant factors, the number of licensed beds units and/or parking lots, driveways, dining and kitchen facilities or walkways affected by such loss.