Common use of Fire Clause in Contracts

Fire. 11) It is understood and agreed that if the premises hereby leased be damaged or destroyed in whole or in part by fire or other casualty during the term hereof, the Landlord will repair and restore the same to good tenantable condition with reasonable dispatch, and that the rent herein provided for shall xxxxx entirely in case the entire premises are untenantable and pro rata for the portion rendered untenantable, in case a part only is untenantable, until the same shall be restored to a tenantable condition; provided, however, that if the Tenant shall fail to adjust his insurance or to remove his damaged good, wares, equipment or property within a reasonable time, and as a result thereof the repairing and restoration is delayed, there shall be no abatement of rental during the period of such resulting delay, and provided further that there shall be no abatement of rental if such fire or a other cause damaging or destroying the leased premises shall result from the negligence or willful act of the Tenant, his agents or employees, and provided further that if the Tenant shall use any part of the leased premises for storage during the period of repair a reasonable charge shall be made therefor against the Tenant, and provided further that in case the leased premises, or the building of which they are a part, shall be destroyed to the extent of more than one-half of the value thereof, the Landlord may at his option terminate this lease forthwith by a written notice to the Tenant.

Appears in 4 contracts

Samples: Property Lease, maplewoodcourt.com, www.maplewoodcourt.com

AutoNDA by SimpleDocs

Fire. 11(12) It is understood and agreed that if the premises hereby leased be damaged or destroyed in whole or in part by fire or other casualty during the term hereof, the Landlord will repair and restore the same to good tenantable condition with reasonable dispatch, and that the rent herein provided for shall xxxxx entirely in case the entire premises are untenantable and pro rata for the portion rendered untenantable, in case a part only is untenantable, until the same shall be restored to a tenantable condition; provided, however, that if the Tenant shall fail to adjust his own insurance or to remove his damaged goodgoods, wares, equipment or property within a reasonable timetime period, and as a result thereof the repairing and restoration is delayed, delayed there shall be no abatement of rental during the period of such resulting delay, and provided further that there shall be no abatement of rental if such fire or a other cause damaging or destroying the leased premises shall result from the negligence or willful act of the Tenant, his agents or employees, and provided further that if the Tenant shall use any part of the leased premises for storage during the period of repair a reasonable charge shall be made therefor against the Tenant, and provided further that in case the leased premises, or the building of which they are a part, shall be destroyed to the extent of more than one-half of the value thereof, the Landlord Land1ord may at his option terminate this lease forthwith by a written notice to the Tenant.

Appears in 2 contracts

Samples: Lease (Ideal Accents Inc), Ideal Accents Inc

AutoNDA by SimpleDocs

Fire. 11) It is understood and agreed that if the premises Premises hereby leased be damaged or destroyed in whole or in part by fire or other casualty during the term hereofTerm, Landlord will, upon collection, use its insurance proceeds for the Landlord will repair and restore restoration of the same Premises to good and tenantable condition with reasonable dispatch, and that the rent Rent herein provided for shall xxxxx abatx entirely in case the entire premises are untenantable and pro rata for the portion rendered untenantable, in case a part only is untenantable, until the same shall be restored to a tenantable condition; provided, however, that if the Tenant shall fail to adjust his its own insurance or to remove his its damaged goodgoods, wares, equipment or property within a reasonable time, and as a result thereof the repairing and restoration is delayed, there shall be no abatement of rental Rent during the period of such resulting delay, and provided further that there shall be no abatement of rental Rent if such fire or a other cause damaging or destroying the leased premises Premises shall result from the negligence or willful act of the Tenant, his its agents or employees, and provided further that if the Tenant shall use any part of the leased premises Premises for storage during the period of repair a reasonable charge shall be made therefor against the Tenant, and provided further that in case the leased premisesPremises, or the building of which they are a part, Building shall be destroyed to the extent of more than one-half (1/2) of the value thereof, the Landlord may may, at his option its option, terminate this lease Lease forthwith by a written notice to the Tenant. Landlord's duty to restore shall at all times be conditioned upon collection of insurance proceeds.

Appears in 1 contract

Samples: Lease (Rockwell Medical Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.