Final 18 Months. Notwithstanding anything to the contrary in this Article, if any damage during the final eighteen (18) months of the Term (as the Term might have theretofore been extended) renders the Premises wholly untenantable, either Landlord or Tenant may terminate this Lease by notice to the other party within thirty (30) days after the occurrence of such damage and this Lease shall expire on the thirtieth (30th) day after the date of such notice. For purposes of this Section, the Premises shall be deemed wholly untenantable if Tenant cannot use more than fifty percent (50%) of the Premises for the conduct of its business and Tenant’s inability to so use the Premises is reasonably expected to continue for more than ninety (90) days.
Appears in 1 contract
Sources: Deed of Lease (FBR & Co.)
Final 18 Months. Notwithstanding anything to the contrary in this Article, if any damage during the final eighteen (18) months of the Term (as the Term might have theretofore been extended) renders the Premises wholly untenantable, either Landlord or Tenant may terminate this Lease by notice to the other party within thirty (30) days after the occurrence of such damage and this Lease shall expire on the thirtieth (30th) day after the date of such notice. For purposes of this Section, the Premises shall be deemed wholly untenantable if Tenant cannot use shall be precluded from using more than fifty percent (50%) of the Premises for the conduct of its business and Tenant’s inability to so use the Premises is reasonably expected to continue for more than ninety (90) days.
Appears in 1 contract
Sources: Lease Agreement (Convio, Inc.)
Final 18 Months. Notwithstanding anything to the contrary in this ArticleArticle 11, if any damage during the final eighteen (18) months of the Term (as the Term might have theretofore been extended) renders the Premises wholly untenantable, either Landlord or Tenant may terminate this Lease by notice to the other party within thirty (30) days after the occurrence of such damage and this Lease shall expire on the thirtieth (30th) day after the date of such notice. For purposes of this SectionSection 11.6, the Premises shall be deemed wholly untenantable if Tenant cannot use shall be precluded from using more than fifty percent (50%) of the Premises for the conduct of its business and Tenant’s 's inability to so use the Premises is reasonably expected to continue for more than ninety (90) days.
Appears in 1 contract
Sources: Lease (Catasys, Inc.)