Common use of Partial Taking of Building Clause in Contracts

Partial Taking of Building. If only part of the Building is -------------------------- taken or purchased as set out in Section 13.1, then: (a) If in the reasonable opinion of Landlord, substantial alteration or reconstruction (or demolition) of the Building is necessary as a result of the taking or purchase, whether or not the Leased Premises are or may be affected, Landlord shall have the right to terminate this Lease by giving Tenant at least thirty (30) days' written notice of such termination, and (b) If more than one-third of the rentable square feet of the Building is included in such taking or purchase, Landlord and Tenant shall each have the right to terminate this Lease by giving the other at least thirty (30) days' written notice thereof. If either party exercises its right of termination under Section 13.1 or 13.2 (and any such right must be exercised within thirty (30) days after the Date of Taking, failing which such right shall be deemed waived), this Lease shall terminate on the date stated in the notice, provided, however, that no such termination may occur later than sixty (60) days after the Date of Taking.

Partial Taking of Building. If during the Term only part of the Building or any parking structure is -------------------------- taken or purchased as set out in Section 13.1Paragraph 18.1, then:, (a) If 18.2.1 if in the reasonable opinion of Landlord, substantial alteration or reconstruction (or demolition) of the Building or such parking structure is necessary or desirable as a result of the taking or purchasethereof, whether or not the Leased Premises are or may be affected, Landlord shall have the right to terminate this Lease by giving Tenant at least thirty (30) days' days written notice of such termination, and (b) If more than one-third of the rentable square feet of the Building is included in such taking or purchase, Landlord and Tenant which notice shall each have the right to terminate this Lease by giving the other at least thirty (30) days' written notice thereof. If either party exercises its right of termination under Section 13.1 or 13.2 (and any such right must be exercised given within thirty (30) days after the Date of Taking, failing and 18.2.2 if more than one-third (1/3) of the number of Square Feet of the Premises is included in such taking or purchase, and Landlord is unable to provide Tenant with comparable replacement premises in the Center, Tenant shall have the right to terminate this Lease by giving at least thirty (30) days written notice thereof, which such right notice shall be deemed waived)given within thirty (30) days after the Date of Taking, if in Tenant's reasonable judgment, the Premises cannot be operated by Tenant in an economically viable fashion because of such partial taking. If either party exercises its right of termination hereunder, this Lease shall terminate on the date stated in the notice, ; provided, however, that no such termination pursuant to notice hereunder may occur later than sixty (60) days after the Date of Taking.