no bonus clause

no-bonus clause. Landlord–tenant 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 § 190.]

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词条贡献者

法律翻译Celia，毕业于新加坡知名法学院，专注翻译各类与酒店、博彩及休闲有关的法律文件。