DAMAGE BY FIRE OR CASUALTY Sample Clauses

DAMAGE BY FIRE OR CASUALTY. If the Premises or any part thereof shall be damaged by fire or other insured casualty, then, subject to the last paragraph of this Section 6.1, Landlord shall proceed with diligence, subject to then applicable statutes, building codes, zoning ordinances and regulations of any governmental authority, and at the expense of Landlord (but only to the extent of insurance proceeds made available to Landlord by any mortgagee of the Building) to repair or cause to be repaired all damage to the Premises (except for damage to leasehold improvements installed by Tenant without notice to and, if required by this Lease, approval by Landlord). All such repairs made necessary by the negligence or willful misconduct of Tenant shall be made at the Tenant’s expense to the extent that the cost of such repairs does not exceed the deductible amount in Landlord’s insurance policy. All repairs to and replacements of property which Tenant is entitled to remove shall be made by and at the expense of Tenant. If the Premises or any part thereof shall have been rendered unfit for use and occupation hereunder by reason of such damage the Annual Fixed Rent and Additional Rent for Operating Expenses or a just and proportionate part thereof, according to the nature and extent to which the Premises shall have been so rendered unfit, shall be abated until the Premises (except as to the property which is to be repaired by or at the expense of Tenant) shall have been restored as nearly as practicable to the condition in which they were immediately prior to such fire or other casualty. Landlord shall not be liable for delays in the making of any such repairs which are due to Force Majeure, nor shall Landlord be liable for any inconvenience or annoyance to Tenant or injury to the business of Tenant resulting from delays in repairing such damage. Between thirty (30) and sixty (60) days after any casualty, Tenant may inquire of Landlord as to Landlord’s estimate of the time period necessary to complete repair of the Premises. Within thirty (30) days after such inquiry, Landlord shall provide Tenant with Landlord’s architect’s good faith estimate of the time to complete such repairs and if such estimate (which shall be non-binding) shall be more than one hundred eighty (180) days from the date of the casualty, then Tenant may terminate this Lease by notice given to Landlord within thirty (30) days after Tenant’s delivery of Landlord’s architect’s estimate. If Landlord fails to commence repairs a...
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DAMAGE BY FIRE OR CASUALTY. If the Property is damaged by fire, casualty, or other cause that’s not your fault, the fault of your guests, or anyone on the Property with your consent, we will promptly repair and restore the damaged areas to their former condition as long as we can complete the repairs within 30 working days after they’re started. If repairs can’t be completed within 30 days, or if the loss isn’t covered by our insurance policies, then either of us may terminate this Lease by giving the other party a 30-day written notice. If this Lease is not terminated, we’ll adjust the rent during the restoration of the Property in proportion to the extent that you’re prevented from fully occupying it. If the Lease is terminated under these circumstances, then the remaining rent due and the amount of your Security Deposit will be computed as of the date of your vacancy. Only the damage to the Property and its structure will be repaired. We’re not liable for any damage to your personal property unless the damage was caused by our negligence, our willful conduct, or that of our employees. For example, if during a heavy snowstorm the roof collapses, the resulting damage to your personal belongings within the Property is not our responsibility unless we or our employees had been negligent or willful in our failure to maintain the structural integrity of the roof.
DAMAGE BY FIRE OR CASUALTY. (a) If the Premises are damaged by fire or other casualty, but are not thereby rendered untenantable in whole or in part, Landlord, at its own expense, and subject to the limitations set forth in this Lease, shall cause such damage to be repaired and the Minimum Rent and Additional Rent shall not be abated. If, by reason of any damage or destruction, the Premises shall be rendered untenantable in whole or in part and cannot be repaired and made tenantable within one hundred twenty (120) days after such damage: (i) Landlord, at its option and its own expense, may cause the damage to be repaired and the Minimum Rent and Additional Rent shall be abated proportionately as to the portion of the Premises rendered untenantable while it is untenantable; or (ii) Landlord shall have the right, to be exercised by notice in writing delivered to Tenant within thirty (30) days of the occurrence of such damage or destruction, to terminate this Lease, whereupon the Minimum Rent and Additional Rent shall be adjusted as of the date of such termination.
DAMAGE BY FIRE OR CASUALTY. This Lease is made on condition that, if the premises or any part hereof, or the elevators, hallways, stairways or other approaches thereto, is damaged or destroyed by fire or other casualty from any cause, so as to render said premises and/or approaches unfit for the use and occupancy, a just and proportionate part of the rent, according to the nature and extent of the injury to said premises and/or approaches, shall be suspended or abated until said premises and have been put in as good condition for use and occupancy as at the time
DAMAGE BY FIRE OR CASUALTY. (a) If the Premises are damaged by fire or other casualty, but are not thereby rendered untenantable in whole or in part, Landlord, at its own expense, and subject to the limitations set forth in this Lease, shall cause such damage to be repaired and the Minimum Rent and Additional Rent shall not be abated.
DAMAGE BY FIRE OR CASUALTY. (a) If the demised premises shall be destroyed or damaged, from whatsoever cause, so as to render them unfit for the purposes for which leased, and if it is reasonably possible to repair such destruction or damage within ninety (90) days, then Tenant shall not be entitled to surrender possession of the demised premises without the prior written consent of Landlord, but Landlord shall proceed to repair the destruction or damage with all reasonable speed and shall complete the same within ninety (90) days.
DAMAGE BY FIRE OR CASUALTY. In the event the Leased Premises shall be destroyed or injured in whole or in part by fire or other casualty making it unfit for occupancy the rent or a just and proportionate part thereof according to the extent that the Leased Premises are rendered unfit for occupancy, shall be suspended or abated until the LESSOR shall have restored the Leased Premises as closely as practicable to the original specifications for occupancy thereof by the LESSEE, provided that all insurance proceeds received by the LESSEE for leasehold improvements are used for said purpose and that said proceeds are adequate to cover the cost of replacing said leasehold improvements, but if the LESSOR shall not restore the Leased Premises within the period of one hundred twenty (120) days next after the date on which such destruction or injury occurred, it being agreed that nothing contained in this paragraph shall obligate the LESSOR to restore the Leased Premises (except where the damage to the Leased Premises is so minor in nature as not to render any part of the Leased Premises untenable), either party may at their option by written notice to the other party terminate this Lease. LESSOR agrees to notify LESSEE in writing of his intent to restore the Leased Premises within ten (10) days from any destruction or injury to the Leased Premises, and, if such notice is not received by LESSEE, LESSEE may, at its option, terminate this Lease by written notice to LESSOR. In the event LESSOR notifies LESSEE of it intent to rebuild the Leased Premises, LESSOR shall be obligated rebuild within one hundred twenty (120) days after the notice to LESSEE.
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DAMAGE BY FIRE OR CASUALTY. (a) If the Premises are damaged by fire or other casualty, but are not thereby rendered untenantable in whole or in part, Landlord, at its own expense, and subject to the limitations set forth in this Lease, shall cause such damage to be repaired and the Minimum Rent and Additional Rent shall not be abated. If, by reason of any damage or destruction, the Premises shall be rendered untenantable in whole or in part and cannot be repaired and made tenantable within ninety (90) days after such damage: (i) Landlord, at its option and its own expense, may cause the damage to be repaired and the Minimum Rent and Additional Rent shall be abated proportionately as to the portion of the Premises rendered untenantable while it is untenantable; or (ii) Landlord or Tenant shall have the right, to be exercised by notice in writing delivered to the other within thirty (30) days of the occurrence of such damage or destruction, to terminate this Lease, whereupon the Minimum Rent and Additional Rent shall be adjusted as of the date of such termination. In the event substantially all of the Premises are rendered untenantable for the business of the Tenant as a result of a casualty or other event not due to Tenant’s acts or omissions and the Premises cannot be substantially restored for the business use of the Tenant within ninety (90) days of such event, Tenant shall have the right to terminate this Lease upon delivery of written notice to Landlord no later than thirty (30) days following such event.
DAMAGE BY FIRE OR CASUALTY. If the Building in which the Premises is located or any part thereof is partially damaged or totally destroyed by fire or other casualty, the Landlord will repair or rebuild same or, in the event that Landlord reasonably determines the repair of such damage will take more than ninety (90) days to complete, Landlord may terminate this Lease upon written notice to Tenant; in all cases of fire or other casualty which result in a partial or total destruction, the rent will be equitably apportioned or abated.
DAMAGE BY FIRE OR CASUALTY. If the Premises are damaged by fire or other casualty, but are not thereby rendered untenantable in whole or in part, Landlord, at its own expense, and subject to the limitations set forth in this Lease, shall cause such damage to be repaired and the Minimum Rent and additional rent shall not be abated. If, by reason of any damage or destruction, the Premises shall be rendered untenantable in whole or in part and cannot be repaired and made tenantable within one hundred twenty (120) days after such damage, Landlord or Tenant shall have the right, to be exercised by notice in writing delivered to the other within thirty (30) days of the occurrence of such damage or destruction, to terminate this Lease, whereupon the Minimum Rent and additional rent shall be adjusted as of the date of such termination.
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