DAMAGE TO LEASED PREMISES. In the event the building housing the Premises shall be destroyed or damaged as a result of any fire or other casualty which is not the result of the intentional acts or neglect of Lessee and which precludes or adversely affects the Lessee’s occupancy of the Premises, then in every such cause, the rent herein set forth shall be abated or adjusted according to the extent to which the leased Premises have been rendered unfit for use and occupation by the Lessee and until the demised Premises have been put in a condition at the expense of the Lessor, at least to the extent of the value and as nearly as possible to the condition of the Premises existing immediately prior to such damage. It is understood, however, in the event of total or substantial destruction to the Premises that in no event shall the Lessor's obligation to restore, replace or rebuild exceed an amount equal to the sum of the insurance proceeds available for reconstruction with respect to said damage.
DAMAGE TO LEASED PREMISES. If the event that the Premises and/or the structure or building in which it is located is damaged or destroyed by fire or other casualty without the fault or negligence of the Lessee or his agents, the Lessor shall, at its own expense, repair the damaged portion, the Premises, structure and/or building to restore the same to substantially the condition in which it was handed over to Lessee. The Rent shall be abated until such repairs are completed. In the event such repair cannot be accomplished or of total destruction the Lease shall cease and terminate with no early termination or other liability accruing to either of the Parties.
DAMAGE TO LEASED PREMISES. If damage not caused by the Tenant makes the Premises unfit for use, Rent will be adjusted or stopped until repairs are made. The Landlord's responsibility for repairs is limited to the insurance proceeds available for reconstruction.
DAMAGE TO LEASED PREMISES. (a) If and whenever the Leased Premises shall be destroyed, demolished or damaged by fire or other cause to such an extent that the same shall not be capable with due diligence of being repaired, restored or rebuilt within a period of one hundred and twenty (120) days after the happening of such destruction, demolition or damage, then either the Landlord or the Tenant may terminate this Lease upon thirty (30) days' written notice to the other given within forty-five (45) days of the date of such destruction, demolition or damage, and in such event the Tenant shall thereupon immediately surrender the Leased Premises and this Lease to the Landlord and rent shall be apportioned to the date of such damage, demolition or destruction.
(b) If the Leased Premises are destroyed, demolished or damages by fire or other cause and notice to terminate this Lease shall not have been given as provided under subparagraph (a) of this paragraph 14, the Landlord shall repair the Leased Premises, excluding the Tenant's fixtures, with all reasonable speed, and (i) if the destruction, demolition or damage is such as to render the Leased Premises wholly unfit for occupancy, all rent under this Lease shall cease from the time of the occurrence thereof until the substantial completion of repairs to the Leased Premises by the Landlord; (ii) if the destruction, demolition or damage is such that the Leased Premises can be partially used by the Tenant all rent hereunder shall be payable in accordance with the terms hereof, provided that rent payable during the whole or any part of the period during which the Leased Premises may be only partially used by the Tenant, shall abatx xxxording to the nature and extent of the destruction, demolition or damage from the time of the occurrence of such destruction, demolition or damage until the substantial completion of repairs to the Leased Premises by the Landlord; and (iii) upon the substantial completion of repairs to the Leased Premises by the Landlord all rent under this Lease shall recommence within fifteen (15) days, or upon the opening of the Leased Premises for business, whichever is the earlier. For greater certainty it is acknowledged and agreed that the Landlord's work herein shall be funded only by insurance proceeds, and the Landlord's work shall accordingly be delayed until its claims under such insurance have been accepted and it has received the insurer's authorization of the payment of such proceeds to it.
(c) Any question as t...
DAMAGE TO LEASED PREMISES. If the event that the Premises and/or the structure or building in which it is located is damaged or destroyed by fire or other casualty without the fault or negligence of the Lessee or his agents, the Lessor shall, at its own expense, repair the damaged portion, the Premises, structure and/or building to restore the same to substantially the condition in which it was handed over to Lessee. The Rent shall be abated until such repairs are completed.
DAMAGE TO LEASED PREMISES. In the event the building housing the Premises shall be destroyed or damaged as a result of any fire or other casualty which is not the result of the intentional acts or neglect of Lessee and which precludes or adversely affects the Lessee’s occupancy of the Premises, then in every such cause, the rent herein set forth shall be abated or adjusted according to the extent to which the leased Premises have been rendered unfit for use and occupation by the Lessee and until the demised Premises have been put in a
DAMAGE TO LEASED PREMISES. If the event that the Premises and/or the structure or building in which it is located is damaged or destroyed by fire or other casualty without the fault or negligence of the Lessee or his agents, the Lessor shall, at its own expense, repair the damaged portion, the Premises, structure and/or building to restore the same to substantially the condition in which it was handed over to Lessee. The Rent shall be abated until such repairs are completed. In the event such repair cannot be accomplished or of total destruction the Lease shall cease and terminate with no early termination or other liability accruing to either of the Parties. INDEMNIFICATION: The Lessee hereby covenants and agrees to indemnify, defend and hold the Lessor harmless from any and all claims or liabilities which may arise from any cause whatsoever as a result of Lessee’s use and occupancy of the Premises, and further shall indemnify the Lessor for any losses which the Lessor may suffer in connection with the Lessee’s use and occupancy or care, custody and control of the Premises. The Lessee also hereby covenants and agrees to indemnify and hold harmless the Lessor from any and all claims or liabilities which may arise from any latent defects in the subject Premises that the Lessor is not aware of at the signing of the lease or at any time during the lease term.
DAMAGE TO LEASED PREMISES. The Tenant agrees to notify the Landlord immediately if (i) the Leased Premises is damaged by fire or any other cause; or (ii) there is any condition in the Leased Premises that could damage the Leased Premises or harm the Tenant or others.
DAMAGE TO LEASED PREMISES. 14 10.1 Landlord's Duty To Restore............................................14 10.2 Insurance Proceeds....................................................14 10.3 Landlord's Right To Terminate.........................................14 10.4 Tenant's Right To Terminate...........................................15 10.5 Tenant's Waiver ......................................................15
DAMAGE TO LEASED PREMISES. Xxxxxx agrees to notify Landlord immediately if the leased premise is damaged by fire or any other cause. Xxxxxx agrees to notify Landlord if there is any condition in the leased premises that could damage the leased premises or harm Tenant or others. If Tenant cannot live in the whole leased premises because it is damaged or destroyed, Tenant may:
1) live in the undamaged part of the leased premises and pay less rent until the leased property is repaired.
2) end the lease and leave the leased premises. Xxxxxx agrees that if the leased property is damaged or destroyed and Tenant ends the lease, Landlord has no further responsibility to Tenant. If the Tenant causes the damage then Tenant is liable for all costs incurred and must continue to pay the total cost of the Lease Agreement.
