DESTRUCTION OF OR DAMAGE TO THE PREMISES. In the event the premises are partially or totally damaged or destroyed by fire or other cause, the following will apply:
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the Premises are totally destroyed by storm, fire, lightning, earthquake or other casualty, this Lease shall terminate as of the date of such destruction, and rental shall be accounted for as between Lessor and Lessee as of that date. If the Premises are damaged, but not wholly destroyed by any of such casualties, rental shall abate in such proportion as use of the Premises has been destroyed, xxx Xessor shall restore the Premises to substantially the same condition as before the damage as speedily as practicable, whereupon full rental shall recommence; provided further, however, that if the damage shall be so extensive the same cannot be reasonably repaired and restored within three (3) months time from the date of the casualty, then either Lessor or Lessee may cancel this Lease by giving written notice to the other party within thirty (30) days from the date of such casualty. And, in such event, rental shall be apportioned and paid up to the date of such casualty.
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the Premises are totally destroyed by storm, fire, lightning, earthquake or other casualty, so that the Premises are rendered untenantable in whole, this Lease shall terminate as of the date of such destruction, and rental shall be accounted for as between Lessor and Lessee as of that date. In the event the Premises are so totally destroyed, Lessor shall have the option of retaining the insurance proceeds paid on account of said casualty (except for payment of Lessee's personal property), if any, or of rebuilding the Premises. In the event less than twenty-five (25 %) percent of the Premises are materially damaged by fire other perils covered and paid for by extended coverage insurance or if the damage exceeds twenty-five (25 %) percent but is less than fifty (50%) percent of the Premises and repairs can be completed within twelve (12) months for substantially the same amount of square footage, the Lessor agrees to forthwith repair same (exclusive of Lessee's leasehold improvements, fixtures, etc.) provided further that Lessee shall be entitled to a proportionate abatement of the Rent from the date of damage and while such repairs are being made, such proportionate abatement to be based upon the extent to which the damage and making such repairs shall reasonably interfere with the business carried on by the Lessee in the Premises. If such damage is due to the fault or neglect of Lessee, or its employees, however, there shall be no abatement of Rent. In the event that the material damage to the Premises exceeds fifty (50%) percent of the property, Lessee and Lessor shall have the option to give notice to the other at any time within sixty (60) days after such damage, terminating this lease as of the date specified in such notice, which date shall be no more than thirty (30) days after the giving of such notice. In the event of giving such notice, this Lease shall expire and all interest of the Lessee in the premises shall terminate on the date so specified in such notice and the Rent, abated by a proportionate reduction based upon the extent, if any, to which such damage interfered with the business carried on by the Lessee on the Premises should be paid up to the date of such termination. Notwithstanding any to the contrary contained in this paragraph, Lessor shall not have any obligation whatsoever to repair, construct or restore the Premises when the damage resulting from any casualty covered under this paragraph occurs during the last twenty-four (24...
DESTRUCTION OF OR DAMAGE TO THE PREMISES a. Tenant agrees not to destroy, damage, deface, or remove any property of the Leased Premises or Residential Community or permit any persons or animals to do so and assume all liability for damages other than ordinary wear and tear.
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the premises are totally destroyed or so substantially damaged as to be untenantable by storm, fire, earthquake, flooding or other casualty, this lease shall terminate as of the date of such destruction or damage, and rental shall be accounted for as between management and Tenant as of that date. If the leased premises should be damaged (but not rendered wholly untenantable) to the extent that management shall decide not to rebuild or repair, the term of this lease shall end and the rent be prorated up to the time of the damage.
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the Premises should be damaged or destroyed by any insured peril whatsoever during the Term, all insurance proceeds shall be delivered to Tenant and Tenant shall proceed with reasonable diligence to rebuild and repair the Premises to substantially the condition in which it existed prior to such damage or destruction.
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the Premises should be damaged or destroyed by any insured peril whatsoever, all insurance proceeds shall be used by Landlord to rebuild and repair the Premises to such condition as Landlord in its sole discretion shall determine is appropriate.
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the premises are totally destroyed by storm, fire, lightning, earthquake or any other such casualty, this Lease shall terminate as of the date of such destruction and rental shall be accounted for as between the Lessor and Lessee as of that date. If the premises are damaged but not wholly destroyed by such casualties, rental shall abatx xx
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If, at any time after execution hereof, the Premises are destroyed or damaged by fire or the elements or by any other cause whatsoever, the Landlord, at its expense, will restore or rebuild them promptly as nearly as practicable to the condition existing just prior to such destruction or damage and under arrangements reasonably satisfactory to the Tenant, except as is otherwise provided in the following two sentences. The Landlord shall have no obligation to restore and rebuild the Premises if the Premises are totally or substantially destroyed by a cause or event (1) which was outside the control of Landlord, (2) which is outside the usual scope of coverage of a first class fire and casualty insurance policy with extended coverage, (3) which, in fact, is outside the scope of Landlord's fire and casualty insurance policy, and (4) which results in Landlord not otherwise being able to recover its losses as a result of such destruction of the Premises from some third party or parties. If the - 26 - 27 the occurrence of the destruction and/or damage. If the Landlord is unable to complete such restoration or repairs within 180 days because of strikes, lockouts, unavailability of materials or other conditions beyond the reasonable fault and control of the Landlord and of its contractors and agents, the time for completion will be extended by a period of time equal to the period that such condition existed, but it will not in any event be extended beyond a date which is 270 days after the occurrence of the destruction and/or damage.
DESTRUCTION OF OR DAMAGE TO THE PREMISES. If the premises are totally destroyed by storm, fire, lightning, earthquake or other casualty, this lease shall terminate as of the date of such destruction, and rental shall be accounted for as between Landlord and Tenant as of that date. If the premises are damaged but not wholly destroyed by any such casualties, rental shall abatx xx such proportion as use of the premises has been destroyed, and Landlord shall restore the premises to substantially the same condition as before such damage as speedily as practicable, whereupon full rental shall recommence.
