DESTRUCTION DURING FINAL YEAR Sample Clauses

DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in §§ 15.1 and 15.2, if the Premises or the Building are wholly or partially damaged or destroyed within the final twelve (12) months of the Term of this Lease or, if an applicable renewal option has been exercised, during the last year of any renewal term, in such a way that Tenant shall be prevented from using the Premises for at least thirty (30) consecutive days as a result of such damage or destruction, then either Landlord or Tenant may, at the option of either, by written notice to the other party delivered within sixty (60) days after the occurrence of such damage or destruction, elect to terminate the Lease as of the date of such notice.
AutoNDA by SimpleDocs
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in Sections 13.1 and 13.2, if the Premises or either Building is wholly or partially damaged or destroyed within the final twelve (12) months of the Term, or, if an applicable renewal option has been exercised, during the last year of any renewal Term, so that Tenant shall be prevented from using the Premises for thirty (30) consecutive days due to such damage or destruction, then either Landlord or Tenant may, at its option, by notice to the other party within sixty (60) days after the occurrence of such damage or destruction, elect to terminate this Lease.
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in §§ 15.1 and l5.2, if the Premises or the Building are wholly or partially damaged or destroyed within the final twelve (12) months of the Term of this Lease or, if an applicable renewal option has been exercised, during the last year of any renewal term, in such a way that Tenant shall be prevented from using the Premises for at least thirty (30) consecutive days as a result of such damage or destruction, then either Landlord or Tenant may, at the option of either, by written notice to the other party delivered within sixty (60) days after the occurrence of such damage or destruction, elect to terminate the Lease as of the date of such notice. Oyster Point Marina Plaza Office Lease Kashiwa Fudosan America, Inc. :: Novacea, Inc. [Suite 200 (400 OPB) ;25,288 rsf]
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the ------------------------------ contrary contained in Sections 15.01, 15.02 or 15.03, if the Premises or the Property are wholly or partially damaged or destroyed within the final twelve (12) months of the Term or this Lease, Landlord may, at its option, by giving Tenant notice no later than sixty (60) days after notice to Landlord of the occurrence of such damage or destruction, elect to terminate this Lease.
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in §§ 15.1
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in Paragraphs 10.1 or 10.2, if the Premises or the Building Project or the Land is wholly or partially damaged or destroyed within the final twelve (12) months of the term of this Lease, and no renewal rights, if any, have been exercised prior to such damage or destruction, and if as a result of such damage or destruction Lessee is denied access or use of the Premises for the conduct of its business operations for a period of ten (10) consecutive business days, Lessor or Lessee may, at its option, by giving the other notice no later than sixty (60) days after the occurrence of such damage or destruction, elect to terminate the Lease.
DESTRUCTION DURING FINAL YEAR. 13 12.4 Destruction of Tenant's Personal Property, Tenant Improvements or Property of Tenant's Employees............................... 13 Section 15.
AutoNDA by SimpleDocs
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in this Lease, if the Premises, the Building or the Facility are wholly or partially damaged or destroyed within the final twelve (12) months of the Term of this Lease, Landlord may, at its option, by giving Tenant notice within thirty (30) days after notice to Landlord of the occurrence of such damage or destruction, elect to terminate the Lease. Tenant shall have the option to terminate this Lease if the Premises are wholly damaged, or damaged to the extent that Tenant's use thereof is materially impaired for a period in excess of one (1) month, within the last twelve (12) months of the Term, such option to be exercised by Tenant delivering Landlord written notice thereof within thirty (30) days of such damage.
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in Subsections 23.1 or 23.2, if the Premises or the Building or a portion of the Common Areas required for Tenant's business are wholly or partially damaged or destroyed within the final twelve (12) months of the Term of this Lease, and no renewal rights have been exercised prior to such damage or destruction, and if as a result of such damage or destruction Tenant is denied access or use of the Premises for the conduct of its business operations for a period of ten (10) consecutive business days, Landlord or Tenant may, at its option, by giving the other written notice prior to substantial completion of the repairs, and in no event later than the 60th day after the Damage Notice Date, elect to terminate this Lease.
DESTRUCTION DURING FINAL YEAR. Notwithstanding anything to the contrary contained in Sections 11.1 and 11.2, if the Premises or the Building is wholly or partially damaged or destroyed within the final twelve (12) months of the Lease Term, and such damage or destruction will require, in Landlord's reasonable judgment (notice of which judgment ["Landlord's Determination Notice"] shall be given to Tenant no later than thirty (30) days after the applicable damage or destruction), more than thirty (30) days to repair, then Tenant may, at its option, by giving Landlord notice within thirty (30) days after Tenant's receipt of Landlord's Determination Notice, elect to terminate the Lease effective as of the date set forth in Tenant's notice.
Time is Money Join Law Insider Premium to draft better contracts faster.