Common use of Destruction by Fire or Other Casualty, Condemnation Clause in Contracts

Destruction by Fire or Other Casualty, Condemnation. A. If the Sublease Premises and/or the Building are partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant shall have no right to terminate this Sublease and this Sublease shall not be terminated by reason of such casualty unless the Prime Lease is terminated by Sublandlord or Prime Landlord pursuant to the provisions of the Prime Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Agreement of Sublease (Kempharm, Inc)

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Destruction by Fire or Other Casualty, Condemnation. A. a) If the Sublease Sublet Premises and/or or the Building are shall be partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant Sublessee shall have no right to terminate this Sublease and this Sublease shall not be terminated by reason of such casualty unless the Prime Master Lease is terminated by Sublandlord by. Sublessor or Prime Master Landlord pursuant to the provisions of the Prime Master Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Sublease Agreement (Criteo S.A.)

Destruction by Fire or Other Casualty, Condemnation. A. If the Sublease Premises and/or or the Building are shall be partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant shall have no right to terminate this Sublease and this Sublease shall not be terminated by reason of such casualty unless the Prime Lease is terminated by Sublandlord or Prime Landlord pursuant to the provisions of the Prime Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Sublease Agreement (Ophthotech Corp.)

Destruction by Fire or Other Casualty, Condemnation. A. If the Sublease Sublet Premises and/or or the Building are shall be partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant shall have no be entitled to exercise the right to terminate this Sublease and this Sublease shall not be terminated by reason on behalf of such casualty unless the Prime Lease is terminated by Sublandlord or Prime Landlord Sublessor, pursuant to the provisions of the Prime Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Aht Corp

Destruction by Fire or Other Casualty, Condemnation. A. (A) If the Sublease Demised Premises and/or or the Building are shall be partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant Sublessee shall have no right to terminate this Sublease and this Sublease shall not be terminated by reason of such casualty unless the Prime Underlying Lease is terminated by Sublandlord Sublessor or Prime Underlying Landlord pursuant to the provisions of Articles 14 and 15 of the Prime Underlying Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Agreement (Pzena Investment Management, Inc.)

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Destruction by Fire or Other Casualty, Condemnation. A. (A) If the Sublease Premises and/or demised premises or the Building are shall be partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant Sublessee shall have no right to terminate this Sublease and this Sublease shall not be terminated by reason of such casualty unless the Prime Underlying Lease is terminated by Sublandlord Sublessor or Prime Underlying Landlord pursuant to the provisions of Article 23 of the Prime Underlying Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Agreement of Sublease (Individual Investor Group Inc)

Destruction by Fire or Other Casualty, Condemnation. A. (A) If the Sublease Premises and/or demised premises or the Building are shall be partially or totally damaged or destroyed by fire or other casualty, except as expressly provided herein, Subtenant Sublessee shall have no right to terminate this Sublease and this Sublease shall not be terminated by reason of such casualty unless the Prime Underlying Lease is terminated by Sublandlord Sublessor or Prime Underlying Landlord pursuant to the provisions of Article 13 of the Prime Underlying Lease. Sublandlord shall give Subtenant prompt written notice of any such termination.

Appears in 1 contract

Samples: Agreement of Sublease (Ampex Corp /De/)

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