Common use of Landlord's Option to Terminate Lease Clause in Contracts

Landlord's Option to Terminate Lease. Notwithstanding anything to the contrary in this Article XIV, in the event that any of the Improvements are damaged or destroyed by fire or other casualty, Landlord shall have the right to terminate this Lease, which termination shall be deemed to be effective as of the date of such casualty, upon the occurrence of any of the following events:

Appears in 5 contracts

Samples: Lease Agreement (Idi Global Inc), Lease Agreement (Ziasun Technologies Inc), Lease Agreement (Q Comm International Inc)

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Landlord's Option to Terminate Lease. Notwithstanding anything to the contrary in this Article XIVX, in the event that any of the Improvements are damaged or destroyed by fire or other casualty, Landlord shall have the right to terminate this Lease, which termination shall be deemed to be effective as of the date of such casualty, upon the occurrence of any of the following events:

Appears in 1 contract

Samples: Commercial Lease Agreement

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