Abatement Of Rent

The Abatement of Rent clause details to what extent the Tenant will not be responsible for Rent in the event of Damage to or Destruction of Premises.

Clause Text

Key Question: Without question.  Jump to Standard

Neutral Standard

1.1. Abatement of Rent. In the event of Premises Partial Damage or Premises Total Destruction for which Tenant is not responsible under this Lease, the Rent payable by Tenant for the period required for the repair, remediation or restoration of such damage shall be abated in proportion to the degree to which Tenant's use of the Premises is impaired, but not to exceed the proceeds received from insurance.

This alternative does not yet defined notes.