Common use of DAMAGE TO PREMISES Clause in Contracts

DAMAGE TO PREMISES. In the event of damage or injury to the demised premises or any part thereof, by fire or other casualty, so that the premises are rendered unusable, the Board shall have five (5) days after the loss within which to notify in writing its intention to repair and restore the premises without terminating this lease. In the event said notice of intent to repair the damage is not received within five (5) days, then and in such case, either party hereto upon written notice to the other party may terminate this lease. If, after the five-day (5-day) period, the Board decides to restore the premises, work shall commence immediately and be completed as expeditiously as possible and the Lessee shall have no claim against the Board for any loss due to the condition of the leased premises during the repair and restoration period.

DAMAGE TO PREMISES. In the event of damage or injury to the demised premises or any part thereof, by fire or other casualty, so that the premises are rendered unusable, the Board shall have five (5) days after the loss within which to notify in writing its intention to repair and restore the premises without terminating this lease. In the event said notice of intent to repair the damage is not received within five (5) days, then and in such case, either party hereto upon written notice to the other party may terminate this lease. If, after the five-day (5-5- day) period, the Board decides to restore the premises, work shall commence immediately and be completed as expeditiously as possible and the Lessee shall have no claim against the Board for any loss due to the condition of the leased premises during the repair and restoration period.

DAMAGE TO PREMISES. In the event of damage or injury to the demised premises Property or any part thereof, by fire or other casualty, so that the premises are Property is rendered unusable, the Board shall have five (5) days after the loss within which to notify Lessee in writing its of the Board’s intention to repair and restore the premises Property without terminating this leaseLease. In the event said notice of intent to repair the damage is not received by Lessee within five (5) days, then and in such case, either party hereto upon written notice to the other party may terminate this leaseLease. If, after the foregoing five-day (5-day) period, the Board decides to restore the premisesProperty, work shall commence immediately as soon as reasonably possible and be completed as expeditiously as possible and the Lessee shall have no claim against the Board for any loss due to the condition of the leased premises Property during the repair and restoration period.

DAMAGE TO PREMISES. In the event of damage or injury to the demised premises Leased Space or any part thereof, by fire or other casualty, so that the premises are rendered unusable, the Board shall have five (5) days after the loss within which to notify in writing its intention to repair and restore the premises without terminating this lease. In the event said notice of intent to repair the damage is not received within five (5) days, then and in such case, either party hereto upon written notice to the other party patiy may terminate this lease. If, after the five-day (5-5- day) period, the Board decides to restore the premises, work shall commence immediately and be completed as expeditiously as possible and the Lessee shall have no claim against the Board for any loss due to the condition of the leased premises during the repair and restoration period.

DAMAGE TO PREMISES. In the event of damage or injury to the demised premises Property or any part thereof, by fire or other casualty, so that the premises are Property is rendered unusable, the Board shall have five (5) days after the loss within which to notify Lessee in writing its of the Board’s intention to repair and restore the premises Property without terminating this leaseLease. In the event said notice of intent to repair the damage is not received by Lessee within five (5) days, then and in such case, either party hereto upon written notice to the other party may terminate this leaseLease. If, after the foregoing five-day (5-day) period, the Board decides to restore the premisesProperty, work shall commence immediately and be completed as expeditiously as possible and the Lessee shall have no claim against the Board for any loss due to the condition of the leased premises Property during the repair and restoration period.