Casualty/Total or Partial Destruction. (a) If the premises are damaged by casualty, Tenant may terminate this lease by written notice to Landlord and the rent will be adjusted as may be fair and reasonable.
Casualty/Total or Partial Destruction. Neither party shall be entitled to terminate this Leaseback Agreement or xxxxx rent as a result of fire or any other casualty nor shall either party have any duty or obligation to rebuild or restore any damaged improvements. Tenant shall be entitled to receive and retain all proceeds of insurance paid in connection with any casualty damage occurring during the Term, and Landlord waives any interest in such proceeds.
Casualty/Total or Partial Destruction a. If the Premises are damaged by casualty and can be restored within ninety days, Landlord will, at its expense, restore the roof, foundation, Common Areas, and structural soundness of the exterior walls of the Premises to substantially the same condition that existed before the casualty and Tenant will, at its expense, replace any of its damaged furniture, fixtures, and personal property and restore any leasehold improvements that are within Tenant’s Rebuilding Obligations. If Landlord fails to complete the portion of the restoration for which Landlord is responsible within ninety days from the date of written notification by Tenant to Landlord of the casualty, Tenant may terminate this lease by written notice delivered to Landlord before Landlord completes Landlord’s restoration obligations.
Casualty/Total or Partial Destruction. (a) If the premises are damaged by casualty and can be restored within ninety days, Landlord will, at its expense, restore the premises to substantially the same condition as they existed before the casualty. If Landlord fails to complete restoration within ninety days from the date of written notification by Tenant to Landlord of the casualty, Tenant
Casualty/Total or Partial Destruction. (a) If the premises are damaged by casualty and can be restored within ninety (90) days, Landlord will, at its expense, restore the premises to substantially the same condition as they existed before the casualty. If Landlord fails to complete restoration within ninety (90) days from the date of written notification by Tenant to Landlord of the casualty, Tenant may terminate this lease by written notice to Landlord. (b) If the premises cannot be restored within ninety (90) days, Landlord has an option to restore or not to restore the premises. If Landlord chooses not to restore, this lease will terminate. If Landlord chooses to restore, it will notify Tenant of the estimated time to restore and give Tenant an option to terminate this lease by notifying Landlord within ten (10) days. If Tenant does not terminate this lease, it shall continue and Landlord shall restore the premises as provided in (a) above. (c) To the extent the premises are untenantable after the casualty and the damage was not caused by Tenant, the rent will be adjusted as may be fair and reasonable.
Casualty/Total or Partial Destruction. If the Premises are damaged by fire or other elements as a result of Tenant’s business operations, Tenant will be responsible for repairing or rebuilding the leasehold improvements: Building standard leasehold improvements are all partitions, walls, ceiling systems, wiring, light fixtures, floors, finishes, wall coverings, floor coverings, signs, doors, hardware, windows, window coverings, plumbing, heating, ventilating, and air-conditioning equipment, and other improvements preselected by Landlord for use throughout the Building.
Casualty/Total or Partial Destruction a. If the Premises are damaged by casualty and can be restored within ninety days, Landlord will, at its expense, restore the roof, foundation, Common Areas, and structural soundness of the exterior walls of the Premises and any leasehold improvements within the Premises that are not within Tenant's Rebuilding Obligations to substantially the same condition that existed before the casualty and Tenant will, at its expense, replace any of its damaged furniture, fixtures, and personal property and restore any leasehold improvements that are within Tenant's Rebuilding Obligations. If Landlord fails to complete the portion of the restoration for which Landlord is responsible within ninety days from the date of written notification by Tenant to Landlord of the casualty, Tenant may terminate this lease by written notice delivered to Landlord before Landlord completes Landlord's restoration obligations.
Casualty/Total or Partial Destruction. If the Premises are damaged by fire or other casualty, either party may elect to either terminate the Agreement upon written notice to the other, and upon any such election, the proceeds of any insurance policies required to be maintained under this Agreement shall be distributed to Licensor.
Casualty/Total or Partial Destruction. 15.1 If the Premises are damaged by casualty and can be restored within ninety days, LANDLORD will, at its expense, restore the Premises to substantially the same condition that existed before the casualty. If LANDLORD fails to complete restoration within ninety (90) days from the date of written notification by TENANT to LANDLORD of the casualty, TENANT may terminate this lease by written notice to LANDLORD. Such termination shall not be considered a default under the Economic Development Agreement.
Casualty/Total or Partial Destruction. If the Premises are damaged by casualty, Landlord has an option to restore the Premises. If Landlord chooses not to restore, this lease will terminate. If Landlord chooses to restore, Landlord will notify Tenant of the estimated time to restore and give Tenant an option to terminate this lease by notifying Landlord within ten (10) days. If Tenant does not terminate this lease, the lease will continue.
