25G - AGMT - AUTOZONE LEASE - Laserfiche WebLink

Home Browse Search

such taking or appropriation, including, without limitation copies of all condemnation plans or surveys submitted by the condemning authority, a statement of the nature of the project to be conducted by the condemning authority, and such other information as might be necessary to enable Tenant to determine its future course of conduct. (b) If this Lease shall be terminated and canceled as a result of any taking or appropriation, Tenant shall be released from any further liability and Rent and other sums for the last month of Tenant's occupancy shell be prorated and Landlord shall immediately refund to Tenant any sums paid in advance. (c) Tenant reserves unto itself the right to prosecute Tenant's claim for an award for damages for the termination of this Lease caused by such appropriation or taking, together with damages based on the value of Tenant's improvements and Tenant's fixtures and other personal property erected or installed on the Demised Premises and damages Tenant may sustain to the interest in the business operated by Tenant on the Demised Premises, including, but not limited to, goodwill, patronage, and the removal, relocation, and replacement costs and expenses caused by such appropriation or taking, and Tenant may file such claims as are permitted by law for the loss of its leasehold Interest, business dislocation damages, moving expense, or other damages caused by such taking or appropriation. 'Tenant's right to receive compensation or damages for its fixtures or its personal property shall not be affected in any manner by this Lease. (d) If this Lease is not terminated and canceled because of any such taking or appropriation, Tenant shall within ninety (90) days begin to resiore the improvements to the Demised Premises to a condition as nearly comparable as practicable to the condition existing just before such taking or appropriation. Restoration shall be completed within one hundred eighty (180) days. If Tenant is not actually open for business during all or any pail of the period from the date of such taking or appropriation until the date the Demised Premises is restored in accordance with the terms of this Lease ( "Rebuilding Period "), all Rent or other sums payable hereunder shall abate for such period as Tenant is not open for business. If Tenant is actually open for business during the Rebuilding Period, Rent and Additional Rent shall abate proportionately for the usable area. After such restoration, Rent and Additional Rent shall be reduced in the ratio that the total floor area of the building on the Demised Premises taken or appropriated bears to the total -floor area of the building on the Dernised Premises before such taking or appropriation. 21. INTENTIONALLY OMITTED 5538 Freestanding Building Loose 04212015 25G-10 8