NO-BONUS CLAUSE

NO-BONUS CLAUSE

no-bonus clause. Landlord¨Ctenant law. A lease provision that takes effect upon governmental condemnation, limiting the lessee’s damages to the value of any improvements to the property and preventing the lessee from recovering the difference between the lease’s fixed rent and the property’s market rental value. See CONDEMNATION. [Cases: Eminent Domain 155. C.J.S. Eminent Domain ¡ì 190.]
How do Chinese legal professionals usually express the term NO-BONUS CLAUSE?
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