Common use of Landlord’s Repair Obligations Clause in Contracts

Landlord’s Repair Obligations. If this Lease is not terminated under Sections 11.3 through 11.5 following a casualty, then Landlord shall, at Landlord’s sole cost and expense and at no cost to Tenant (except as provided in Section 10.2.3 above), repair and restore the Premises and the Building to as near their condition prior to the casualty as is reasonably possible with all commercially reasonable diligence and speed (subject to delays caused by Tenant Delay or Force Majeure). In such case, this Lease shall remain in full force and effect, but Basic Rent and Tenant’s Share of Expenses for the period during which the Premises are untenantable shall xxxxx pro rata (based upon the rentable area of the untenantable portion of the Premises as compared with the rentable area of the entire Premises). In no event is Landlord obligated to repair or restore any Alterations that were completed by Tenant, any special equipment or improvements that were installed by Tenant, or any personal property (or other property) of Tenant. Landlord will, if necessary, equitably adjust Tenant’s Share of Expenses Percentage, subject to Section 3.7, to account for any reduction in the rentable area of the Premises or Building resulting from a casualty.

Appears in 2 contracts

Samples: Lease Agreement (G Iii Apparel Group LTD /De/), Lease Agreement (G Iii Apparel Group LTD /De/)

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Landlord’s Repair Obligations. If this Lease is not terminated under Sections 11.3 11.2 through 11.5 11.4 following a fire or other casualty, then Landlord shall, at Landlord’s sole cost and expense and at no cost to Tenant (except as provided in Section 10.2.3 above), will repair and restore the Premises and the Building to as near their condition prior to the fire or other casualty as is reasonably possible with all commercially reasonable diligence and speed (subject to delays caused by Tenant Delay or Force Majeure). In such case) and, this Lease shall remain except as provided in full force and effectSection 10.2.3, but Basic Rent and Tenant’s 's Share of Operating Expenses for the period during which the Premises are untenantable shall will xxxxx pro rata (based upon the rentable area of the untenantable portion of the Premises as compared with the rentable area of the entire Premises). In no event is Landlord obligated to repair or restore any Alterations or Tenant's Improvements that were completed are not covered by TenantLandlord's insurance, any special equipment or improvements that were installed by Tenant, any personal property, or any personal other property (or other property) of Tenant. Landlord will, if necessary, equitably adjust Tenant’s 's Share of Operating Expenses Percentage, subject to Section 3.7, to account for any reduction in the rentable area of the Premises or Building resulting from a casualty.

Appears in 1 contract

Samples: Office Lease Agreement (Airspan Networks Inc)

Landlord’s Repair Obligations. If this Lease is not terminated under Sections 11.3 11.2 through 11.5 following a casualty, then Landlord shall, at Landlord’s sole cost and expense and at no cost to Tenant (except as provided in Section 10.2.3 above), shall repair and restore the Premises (subject to the last sentence of Section 10.2.1) and the Building to as near their condition prior to the casualty as is reasonably possible with all commercially reasonable diligence and speed (subject to delays caused by Tenant Delay or Force Majeure). In such case, this Lease shall remain in full force and effect, but Basic Rent and Tenant’s 's Share of Expenses for the period during which the Premises are untenantable shall xxxxx pro rata (based upon the rentable area of the untenantable portion of the Premises as compared with the rentable area of the entire Premises). In no event is Landlord obligated ❑bligated to repair or restore any Alterations that were (a) Tenant's furniture, equipment, fixtures, and personal property; (b) systems or equipment installed by Tenant during the Term; or (c) alterations, improvements and changes to the Premises completed by Tenant at Tenant, any special equipment or improvements that were installed by Tenant, or any personal property (or other property) of Tenant's expense. Landlord will, if necessary, equitably adjust Tenant’s 's Share of Expenses Percentage, subject to Section 3.7, to account for any reduction in the rentable area of the Premises or Building resulting from a casualty.

Appears in 1 contract

Samples: Office Sublease (Aspirity Holdings LLC)

Landlord’s Repair Obligations. If this Lease is not terminated under Sections 11.3 11.2 through 11.5 11.4 following a fire or other casualty, then Landlord shall, at Landlord’s sole cost and expense and at no cost to Tenant (except as provided in Section 10.2.3 above), will repair and restore the Premises and the Building to as near their condition prior to the fire or other casualty as is reasonably possible with all commercially reasonable diligence and speed (subject to delays caused by Tenant Delay or Force Majeure). In such case, this Lease shall remain Majeure but also subject to Tenant's right to terminate in full force Section 11.1) and effect, but Basic Rent and Tenant’s 's Share of Operating Expenses for the period during which all or a part of the Premises are untenantable shall will xxxxx pro rata (based upon the rentable area Rentable Area of the untenantable portion of the Premises as compared with the rentable area Rentable Area of the entire Premises). In no event is Landlord obligated to repair or restore any Alterations or Tenant's Improvements that were completed are not covered by TenantLandlord's insurance, any special equipment or improvements that were installed by Tenant, any personal property, or any personal other property (or other property) of Tenant. Landlord will, if necessary, equitably adjust reduce Tenant’s 's Share of Operating Expenses Percentage, subject to Section 3.7, to account for any reduction in the rentable area Rentable Area of the Premises or Building resulting from a casualty.

Appears in 1 contract

Samples: Office Lease Agreement (Blue Nile Inc)

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Landlord’s Repair Obligations. If this Lease is not terminated under Sections 11.3 11.2 through 11.5 following a casualty, then Landlord shall, at Landlord’s sole cost and expense and at no cost to Tenant (except as provided in Section 10.2.3 above), shall repair and restore the Premises (subject to the last sentence of Section 10.2.1) and the Building to as near their condition prior to the casualty as is reasonably possible with all commercially reasonable diligence and speed (subject to delays caused by Tenant Delay or Force Majeure). In such case, this Lease shall remain in full force and effect, but Basic Rent and Tenant’s 's Share of Expenses for the period during which the Premises are untenantable shall xxxxx pro rata (based upon the rentable area of the untenantable portion of the Premises as compared with the rentable area of the entire Premises). In no event is Landlord obligated to repair or restore any Alterations that were (a) Tenant's furniture, equipment, fixtures, and personal property; (b) systems or equipment installed by Tenant during the Term; or (c) alterations, improvements and changes to the Premises completed by Tenant at Tenant, any special equipment or improvements that were installed by Tenant, or any personal property (or other property) of Tenant's expense. Landlord will, if necessary, equitably adjust Tenant’s 's Share of Expenses Percentage, subject to Section 3.7, to account for any reduction in the rentable area of the Premises or Building resulting from a casualty.

Appears in 1 contract

Samples: Lease Agreement (Aspirity Holdings LLC)

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