days notice. If Lessor fails to give Lessee written notice of its election within thirty (30) days from the date of damage, or if the restoration of the Premises cannot be completed within one hundred twenty (120) days from date of notice, Lessee may cancel this Lease at its option on three (3) days notice. During the period of untenantability, rent shall xxxxx in the same ratio as the portion of the Premises rendered untenantable bears to the whole of the Premises; provided that if the damage is due to the fault or neglect of Lessee, there shall be no abatement of rent. If the Premises or the building in which the Premises are located shall be damaged or destroyed by fire or other insured casualty, and repair of the damage can be completed within one hundred twenty (120) days, Lessor shall repair or rebuild within a reasonable time utilizing the insurance proceeds to effect such repair.
Appears in 2 contracts
Samples: Retail Lease (Briazz Inc), Lease Agreement (Northwest Biotherapeutics Inc)
days notice. If Lessor fails to give Lessee written notice of its election within thirty (30) days from the date of damage, or if the restoration of the Premises cannot be completed within one hundred twenty eighty (120180) days from date of notice, Lessee may cancel this Lease at its option on three (3) days notice. During the period of untenantability, rent shall xxxxx in the same ratio as the portion of the Premises rendered untenantable bears to the whole of the Premises; provided that if the damage is due to the fault or neglect of Lessee, there shall be no abatement of rent. If the Premises or the building in which the Premises are located shall be damaged or destroyed by fire or other insured casualty, and repair of the damage can be completed within one hundred twenty eighty (120180) days, Lessor shall repair or rebuild within a reasonable time utilizing the insurance proceeds to effect such repair.
Appears in 1 contract
Samples: Industrial Lease Single Tenant (Tullys Coffee Corp)
days notice. If Lessor fails to give Lessee written notice of its election within thirty (30) days from the date of damage, or if the restoration of the Premises cannot be completed within one hundred twenty eighty (120180) days from date of notice, Lessee may cancel this Lease at its option on three thirty (330) days notice. During the period of untenantability, rent shall xxxxx in the same ratio as the portion of the Premises rendered untenantable bears to the whole of the Premises; provided that if the damage is due to the fault or neglect of Lessee, there shall be no abatement of rent. If the Premises or the building in which the Premises are located shall be damaged or destroyed by fire or other insured casualty, and repair of the damage can be completed within one hundred twenty eighty (120180) days, Lessor shall repair or rebuild within a reasonable time utilizing the insurance proceeds to effect such repair.
Appears in 1 contract
Samples: Industrial Lease (Icos Corp / De)
days notice. If Lessor fails to give Lessee written notice of its election within thirty (30) days from the date of damage, or if the restoration of the Premises cannot be completed within one hundred twenty eighty (120180) days from date of notice, Lessee may cancel this Lease at its option on three thirty (330) days notice. During the period of untenantability, rent shall xxxxx in the same ratio as the portion of the Premises rendered untenantable bears to the whole of the Premises; provided that if the damage is due to the fault or neglect of Lessee, there shall be no abatement of rent. If the Premises or the building in which the Premises are located shall be damaged or destroyed by fire or other insured casualty, and repair of the damage can be completed within one hundred twenty eighty (120180) days, Lessor shall to repair or rebuild within a reasonable time utilizing the insurance proceeds to effect such repair.
Appears in 1 contract
Samples: Industrial Lease (Icos Corp / De)
days notice. If Lessor fails to give Lessee written notice of its election within thirty (30) days from the date of damage, or if the restoration of the Premises cannot be completed within one hundred twenty eighty (120180) days from date of notice, Lessee may cancel this Lease at its option on three thirty (330) days notice. During the period of untenantability, rent shall xxxxx abate in the same ratio as the portion of the Premises rendered untenantable renderex xxxenantable bears to the whole of the Premises; provided that if the damage is due to the fault or neglect of Lessee, there shall be no abatement of rent. If the Premises or the building in which the Premises are located shall be damaged or destroyed by fire or other insured casualty, and repair of the damage can be completed within one hundred twenty eighty (120180) days, Lessor shall repair or rebuild within a reasonable time utilizing the insurance proceeds to effect such repair.
Appears in 1 contract
Samples: Lease Agreement (Icos Corp / De)