Effect of Taking. In the event of any taking of the Building or the Land under circumstances whereby this Lease shall not terminate under the provisions of Article 20 then, Tenant’s Proportionate Share shall be adjusted appropriately to reflect the proportion of the Premises and/or the Building remaining after such taking.
Appears in 1 contract
Sources: Lease (Gritstone Bio, Inc.)
Effect of Taking. In the event of any taking of the Building or the Land land upon which it stands under circumstances whereby this Lease shall not terminate under the provisions of Article 20 then, Tenant’s Proportionate Building Share and Tenant’s Proportionate Common Share shall be adjusted appropriately to reflect the proportion of the Premises and/or the Building remaining after such taking.
Appears in 1 contract
Sources: Lease Agreement (Enumeral Biomedical Holdings, Inc.)
Effect of Taking. In the event of any taking of the Building or the Land land upon which it stands under circumstances whereby this Lease shall not terminate under the provisions of Article 20 then, Tenant’s 's Proportionate Complex Share and Tenant's Proportionate Building Share shall be adjusted appropriately to reflect the proportion of the Premises premises and/or the Building remaining after such taking.
Appears in 1 contract
Sources: Lease Agreement (SMTC Corp)