DESTRUCTION OF THE LEASED PREMISES. If the premises are injured or destroyed in whole or in part by fire or other catastrophe during the term of this Lease, Lessor shall as soon as practicable effect repairs on the premises, so that they are substantially the same as they were prior to such fire or other catastrophe. In such event, the rent shall xxxxx entirely, if the entire premises are rendered untenantable an shall xxxxx on a pro-rata basis in the event only a portion of the premises are rendered untenantable, until such time as the premises are restored to a tenantable condition, provided that in the event the premises shall be destroyed to an extent that Lessor determines in his sole discretion that repairs will take an extended length of time or that it is inadvisable to restore the premises, then the Lessor may at its option terminate this lease by written notice to Lessee. There shall be no abatement of rent if the fire or other cause damaging the leased premises shall result from the negligence or willful act of Lessee or its family, employees, guests, invitees, or anyone on the premises by reason of association with Lessee, their family, employees, guests or invitees.
Appears in 8 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
DESTRUCTION OF THE LEASED PREMISES. If the premises are injured or destroyed in whole or in part by fire or other catastrophe during the term of this Lease, Lessor shall as soon as practicable effect repairs on the premises, so that they are substantially the same as they were prior to such fire or other catastrophe. In such event, the rent shall xxxxx entirely, if the entire premises are rendered untenantable an shall xxxxx on a pro-rata basis in the event only a portion of the premises are rendered untenantable, until such time as the premises are restored to a tenantable condition, provided that in the event the premises shall be destroyed to an extent that Lessor determines in his sole discretion that repairs will take an extended length of time or that it is inadvisable to restore the premises, then the Lessor may at its option terminate this lease by written notice to Lessee. There shall be no abatement of rent if the fire or other cause damaging the leased premises shall result from the negligence or willful act of Lessee or its family, employees, guests, invitees, or anyone on the premises by reason of association with LesseeXxxxxx, their family, employees, guests or invitees.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement