Common use of Damage or Destruction at End of Term Clause in Contracts

Damage or Destruction at End of Term. If the Building or the Premises is damaged or destroyed during the last twelve (12) months of the Term of the Lease, and the Building or the Premises cannot be fully repaired or restored by Landlord within thirty (30) days after the date of the damage or destruction, either Landlord or Tenant may terminate this Lease upon notice to the other, unless Tenant, within 30 days of the date of the fire or other casualty, elects to exercise its option to extend the Term.

Damage or Destruction at End of Term. If the Building or the Premises is damaged or destroyed during the last twelve six (126) months of the Term of the Lease, and the Building or the Premises cannot be fully repaired or restored by Landlord within thirty (30) days after the date of the damage or destruction, either Landlord or Tenant may terminate this Lease upon notice to the other, unless Tenant, within 30 days of the date of the fire or other casualty, elects to exercise its option to extend the Term.

Damage or Destruction at End of Term. If the Building or the Premises is damaged or destroyed during the last twelve (12) months of the Term term of the Lease, and the Building Premises or the Premises Building cannot not, in Landlord's sole judgment, be fully repaired or restored by Landlord within thirty sixty (3060) days after the date of the damage or destruction, either Landlord or Tenant may terminate this Lease upon written notice to the other, unless Tenant, within 30 days of the date of the fire or other casualty, elects to exercise its option to extend the Term.