Common use of Effect on Lease Clause in Contracts

Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.

Effect on Lease. If all of the Premises (or a portion thereof such that Tenant cannot continue use of the remainder) are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.

Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ abate in a just and proportionate amount to the loss of use occasioned by occasio▇▇▇ ▇y the taking.

Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant Tenant, in its reasonable determination, can continue to use of the remainderremainder and otherwise has adequate access to the Building, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.

Effect on Lease. If all of the Premises (or a portion thereof such that Tenant cannot continue use of the remainder) are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ abate in a just and proportionate amount to the loss of use occasioned by occasion▇▇ ▇▇ the taking.

Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainderremainder to the extent reasonably practicable from the standpoint of prudent business management, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.

Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder, then this Lease will not terminate, but Rent shall ▇a▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.

Effect on Lease. If all of the Premises are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is Is taken and Tenant can continue use of the remainder, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.

Effect on Lease. If substantially all of the Premises or Common Areas are taken under the power of eminent domain (or by conveyance in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, and Rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is or Common Areas are taken and Tenant can continue use of the remainderremainder for operation of Tenant's business without material impairment, then this Lease will not terminate, but Rent shall ▇▇▇▇▇ in a just and proportionate amount to the loss of use occasioned by the taking.