Event of Casualty. In the event the improvements on the Premises shall be damaged or destroyed by casualty as to become unusable, then Lessor may, if Lessor so elects, give notice in writing terminating this Lease upon proper notice.
Event of Casualty. (A) In the event the improvements located on the demised premises shall be destroyed or so damaged by fire, tornado or other storms, explosion, earthquake or other casualty as to become untenable, then County may, if County so elects, either rebuild and put said premises in good condition and fit for occupancy within a reasonable time after such destruction, or may give notice in writing, to City terminating this lease. If County elects to repair or rebuild said premises, County shall give City reasonably prompt notice after such casualty of County’s intention to repair, and then proceed with reasonable speed to repair. If notice is not given within thirty days, the lease shall be deemed terminated. City shall not be obligated to pay any rent from the time of such destruction or damage until said premises are again fit and ready for occupancy, unless City or City’s agents intentionally caused said destruction or damages.
Event of Casualty a. For the purposes of this section, “Event of Casualty” shall be defined as damage to or destruction of the Property caused by fire or other casualty, or any such damage to or destruction of the Property necessary to provide normal services and access to the Property.
Event of Casualty. For the purposes of this section, “Event of Casualty” shall be defined as damage to or destruction of the Property caused by fire or other casualty, or any such damage to or destruction of the Property necessary to provide normal services and access to the Property. If an Event of Casualty occurs, Landlord, after receipt of written notice thereof from Tenant, shall undertake to make repairs and restorations with reasonable diligence, unless this Lease has been terminated by Landlord or Tenant as hereinafter. If: (i) in Landlord’s sole judgment, the damage is of such nature or extent that more than one hundred eighty (180) days following the occurrence of the casualty would be required to repair and restore the Property as the case may be; or (ii) in Xxxxxxxx’s sole judgment, the damage is of such nature or extent that it is uneconomical to repair and restore the Property, as the case may be; or (iii) less than one (1) year remains on the then current Lease Term, Landlord shall so advise Tenant within thirty (30) days after the Event of Casualty (the “Landlord’s Notice of Casualty”), and either Party shall have thirty (30) days after receipt of Landlord’s Notice of Casualty to terminate this Lease by written notice to the other. If either Party elects to terminate this Lease in the case described in clauses (i), (ii) or (iii) above, then the Lease Term shall expire as of the date of the Event of Casualty, and Tenant shall vacate the Property and surrender the same to Landlord in accordance with the terms of this Lease.
Event of Casualty. Tenant hereby acknowledges and agrees that a Casualty shall occur only where the physical or structural integrity of the Premises or Building has been damaged or destroyed, and that a Casualty shall in no event occur as a result of (i) a governmentally mandated closure of the Premises, Building and/or Project and/or of Tenant’s business for the purpose of protecting public health and safety (including, without limitation, to protect against acts of war or the spread of communicable diseases or infestations), or (ii) Tenant’s inability to use the Premises or any other space leased by Tenant from Landlord at the Project, to the extent such space remains undamaged by any Casualty.
Event of Casualty. In the event of total destruction or damage to the existing DEVELOPMENT by fire or other casualty, during construction or thereafter so long as the GRANT has not been fully paid, the APPLICANT shall determine and advise the COUNTY in writing within one year of such destruction or damage whether to restore, reconstruct and repair any such destruction or damage so that the DEVELOPMENT will be completed or rebuilt. During any period of restoration, reconstruction or repair, if no sales and use taxes for sales on the DEVELOPMENT are being collected, the term of this Agreement shall be automatically extended for a period equal to the period of interruption of operations on the DEVELOPMENT due to such damage or destruction. Should the APPLICANT determine not to restore, reconstruct and repair such damage or destruction, the GRANT shall immediately terminate.
Event of Casualty. In the event the improvements on the premises shall be damaged or destroyed by a casualty as to become unusable, then the City may, if the City so elects, give notice in writing terminating this Agreement and any lease(s) issued hereunder upon proper notice.
Event of Casualty. For the purposes of this section, “Event of Casualty” shall be defined as damage to or destruction of the Property caused by fire or other casualty, or any such damage to or destruction of the Property necessary to provide normal services and access to the Property. If an Event of Casualty occurs, Landlord, after receipt of written notice thereof from Tenant, shall undertake to make repairs and restorations with reasonable diligence, unless this Lease has been terminated by Landlord or Tenant as hereinafter. If (i) in Landlord’s sole judgment, the damage is of such nature or extent that more than one hundred eighty (180) days following the occurrence of the casualty would be required to repair and restore the Property as the case may be; or (ii) in Landlord’s sole judgment, the damage is of such nature or extent that it is uneconomical to repair and restore the Property, as the case may be; or (iii) less than one (1) year remains on the then current Lease Term, Landlord shall so advise Tenant within thirty (30) days after the Event of Casualty (the “Landlord’s Notice of Casualty”), and either party shall have thirty
Event of Casualty. If fire or other casualty damages the Roof or Building, thereby interrupting Lessee’s use thereof, then the Monthly Lease Fee shall xxxxx from the date of such interruption to the date Lessee’s use thereof is restored. Lessor shall not be required to repair such damage, but Lessor shall make reasonable efforts to notify Lessee within thirty (30) days from the time of such fire or casualty whether Lessor intends to make such repairs. If the reasonable estimated time to restore Lessee’s use would exceed sixty (60) days, measured from the time of such fire or casualty, or if Lessor elects not to repair the damage, then Lessor or Lessee may terminate the Lease Agreement and its remaining obligations by notice to the other.
Event of Casualty
