LOSS BY FIRE Sample Clauses

LOSS BY FIRE. In the event the premises are rendered untenantable due to fire, explosion, or other casualty, the Lessor may at its discretion terminate this lease, repair the premises within 60 days, or offer an equal substitute. If Lessor does not repair said premises within said time, or the building containing said premises shall have been wholly destroyed, the term hereby created shall cease and determine.
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LOSS BY FIRE. Lessee agrees that in case the Leased Premises shall be rendered untenable by fire or other causality, Lessor, may at the Lessor’s option, terminate this lease agreement or repair said Leased Premises within (30) days. If Lessor does not repair said Leased Premises within said period, or if the Building containing said Leased Premises is wholly destroyed, then the term hereby created shall cease and terminate. Lessor agrees to give written notices of its intent to repair the Leased Premises not later than (14) days following the fire or other causality damaging the Leased Premises. If the fire was caused by the actions or negligence of the Lessee, the Lessee agrees to indemnify the Lessor for all of Lessor's damages, including but not limited to damage to the Building or other improvements, but also the Lessor’s loss of rent from other apartment(s) and adjacent Lessor owned or managed property damaged in the fire for a period of not more than twelve months. Lessee shall indemnify Lessor for all damage or injuries suffered by Lessor which were caused or contributed to in whole or in part by any act or omission of Lessee or Lessee’s invitees or guests resulting in fire or fire related damaged to Lessor’s property, including but not limited to damages for loss of income from Lessor’s apartments or other property, other than that leased to Lessee, if such other apartments were damaged by such fire. Rent paid by Lessee is not to be considered as a contribution to any insurance coverage premium paid by Lessor to an insurer providing coverage to Lessor for damage by fire to Lessor’s Leased Premises leased to Lessee.
LOSS BY FIRE. Xxxxxx agrees to insure the Premises against loss by fire, to be paid by Xxxxxx as Additional rent provided in Paragraph 6, with special form coverage throughout the term of this Lease in an amount not less than ninety percent (90%) of the full insurable value as determined from time to time. If during the term of this Lease (including any Renewal Period) the buildings or improvements are damaged or destroyed by fire or other casualty for which insurance coverage is applicable, and such damage, in Lessor’s reasonable opinion, exceeds one-third (1/3) of their value, then Lessee shall have the option to terminate this Lease as of the date of such damage or destruction, and both parties shall be relieved of any further obligation hereunder. Lessee may elect to continue this Lease if Xxxxxx decides to restore or rebuild the building and improvements. However, if in Lessor’s reasonable opinion the improvements are damaged to an extent of less than one-third (1/3) of their value, Lessor shall proceed with all convenient speed to restore the same. If the Premises are damaged so as to render them un-leasable, Xxxxxx’s obligation to pay rent shall be suspended until such time as repairs have restored the building to a leasable condition, provided that if only a portion of the Premises shall be in a leasable condition, Lessee shall pay a pro-rata monthly rental until repairs have been completed. Lessee acknowledges its responsibility to insure its own personal property.
LOSS BY FIRE. If the Premises are rendered not leasable by fire or other casualty, or the building on the Premises is wholly destroyed or cannot be repaired within 30 days, the term hereby created shall cease and terminate.
LOSS BY FIRE. Lessee agrees that in case the Leased Premises shall be rendered untenable by fire or other causality, Lessor, may at the Lessor’s option, terminate this lease agreement or repair said Leased Premises within (30) days. If Lessor does not repair said Leased Premises within said period, or if the Building containing said Leased Premises is wholly destroyed, then the term hereby created shall cease and terminate. Lessor agrees to give written notices of its intent to repair the Leased Premises not later than
LOSS BY FIRE. Xxxxxx agrees that candles and gas and charcoal grills all must be used with watchful caution and Tenant shall not have on the premises any article of a dangerous, inflammable, or explosive character that might unreasonably increase the danger of fire on the premises or that might be considered hazardous by Landlord’s insurance company. Said demised premises are furnished with smoke and CO detectors which must be installed and maintained in good working order at all times. Xxxxxx agrees to keep these readily accessible and maintain in good working order at all times. Tenant will be held responsible in the event of any damages to said premises or persons, or property due to negligence in such matters. If the premises are damaged or destroyed by fire or other common casualty, but only partially damaged and are habitable or are damaged and can be made habitable, and Landlord makes full repairs within 90 days, this Lease shall continue with abatement of rent given for the untenable period. If the premises are damaged or destroyed by fire or casualty and rendered uninhabitable, illegal, or not repaired within 90 days, then Landlord may relocate Tenant to another comparable premises or the lease will be terminated.

Related to LOSS BY FIRE

  • WAIVER OF SPECIAL DAMAGES THE BORROWER WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT THE UNDERSIGNED MAY HAVE TO CLAIM OR RECOVER FROM THE BANK IN ANY LEGAL ACTION OR PROCEEDING ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES.

  • DATA LOSS The Company does not accept responsibility for the security of Your account or content. You agree that Your use of the Website or Services is at Your own risk.

  • LIMITATION OF LIABILITY AND REMEDIES MarshallGIS will use commercially reasonable efforts to provide corrections or workaround solutions for any problem or issue reported and determined to be in the Software, Services or the documentation at no cost to Licensee for the term of this Agreement. While it is MarshallGIS' goal to provide an acceptable resolution for incoming problems/issues and incidents, MarshallGIS cannot predict a resolution time and is unable to guarantee that all problems or issues can be resolved or addressed. EXCEPT FOR THE ABOVE EXPRESS LIMITED WARRANTY, MARSHALLGIS DISCLAIMS ALL OTHER WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NONINTERFERENCE, SYSTEM INTEGRATION, AND NONINFRINGEMENT. MARSHALLGIS DOES NOT WARRANT THAT THE SOFTWARE, SERVICES OR DOCUMENTATION WILL MEET LICENSEE'S NEEDS, OR THAT LICENSEE'S OPERATION OF THE SAME WILL BE UNINTERRUPTED OR ERROR FREE, OR THAT ALL NONCONFORMITIES CAN OR WILL BE CORRECTED. If MarshallGIS fails to fulfill its obligations under this Agreement, Licensee's sole and exclusive remedy is the right to terminate this Agreement immediately for the affected Software. IN NO EVENT SHALL MARSHALLGIS BE LIABLE TO LICENSEE FOR COSTS OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOST PROFITS; LOST SALES OR BUSINESS EXPENDITURES; INVESTMENTS; OR COMMITMENTS IN CONNECTION WITH ANY BUSINESS, LOSS OF ANY GOODWILL, OR FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATED TO THIS AGREEMENT OR USE OF THE SOFTWARE, SERVICES OR DOCUMENTATION, HOWEVER CAUSED, ON ANY THEORY OF LIABILITY, AND WHETHER OR NOT MARSHALLGIS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. THESE LIMITATIONS SHALL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY.

  • Waiver of Liability Seller hereby waives, acquits, and forever releases, and agrees to defend and hold harmless, the Agency, its officer(s), director(s), employee(s), contractor(s), associate(s), and representative(s) from any responsibility or liability whatsoever concerning any photos or videos generated from the Photographic Services or their distribution.

  • Partial Damage - Insured Loss If a Premises Partial Damage that is an Insured Loss occurs, then Lessor shall, at Lessor's expense, repair such damage (but not Lessee's Trade Fixtures or Lessee Owned Alterations and Utility Installations) as soon as reasonably possible and this Lease shall continue in full force and effect; provided, however, that Lessee shall, at Lessor's election, make the repair of any damage or destruction the total cost to repair of which is $10,000 or less, and, in such event, Lessor shall make any applicable insurance proceeds available to Lessee on a reasonable basis for that purpose. Notwithstanding the foregoing, if the required insurance was not in force or the insurance proceeds are not sufficient to effect such repair, the Insuring Party shall promptly contribute the shortage in proceeds (except as to the deductible which is Lessee's responsibility) as and when required to complete said repairs. In the event, however, such shortage was due to the fact that, by reason of the unique nature of the improvements, full replacement cost insurance coverage was not commercially reasonable and available, Lessor shall have no obligation to pay for the shortage in insurance proceeds or to fully restore the unique aspects of the Premises unless Lessee provides Lessor with the funds to cover same, or adequate assurance thereof, within ten (10) days following receipt of written notice of such shortage and request therefor. If Lessor receives said funds or adequate assurance thereof within said ten (10) day period, the party responsible for making the repairs shall complete them as soon as reasonably possible and this Lease shall remain in full force and effect. If such funds or assurance are not received, Lessor may nevertheless elect by written notice to Lessee within ten (10) days thereafter to: (i) make such restoration and repair as is commercially reasonable with Lessor paying any shortage in proceeds, in which case this Lease shall remain in full force and effect, or have this Lease terminate thirty (30) days thereafter. Lessee shall not be entitled to reimbursement of any funds contributed by Lessee to repair any such damage or destruction. Premises Partial Damage due to flood or earthquake shall be subject to Paragraph 9.3, notwithstanding that there may be some insurance coverage, but the net proceeds of any such insurance shall be made available for the repairs if made by either Party.

  • Loss, Theft, Destruction of Warrants Upon receipt of evidence satisfactory to the Issuer of the ownership of and the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction, upon receipt of indemnity or security satisfactory to the Issuer or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, the Issuer will make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same number of shares of Common Stock.

  • Loss, Theft, Etc of Notes. Upon receipt of evidence satisfactory to the Company of the loss, theft, mutilation or destruction of any Note, and in the case of any such loss, theft or destruction upon delivery of a bond of indemnity in such form and amount as shall be reasonably satisfactory to the Company, or in the event of such mutilation upon surrender and cancellation of the Note, the Company will make and deliver without expense to the holder thereof, a new Note, of like tenor, in lieu of such lost, stolen, destroyed or mutilated Note. If the Purchaser or any subsequent Institutional Holder is the owner of any such lost, stolen or destroyed Note, then the affidavit of an authorized officer of such owner, setting forth the fact of loss, theft or destruction and of its ownership of such Note at the time of such loss, theft or destruction shall be accepted as satisfactory evidence thereof and no further indemnity shall be required as a condition to the execution and delivery of a new Note other than the written agreement of such owner to indemnify the Company.

  • Waiver of Consequential Damages To the fullest extent permitted by applicable Law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document, the Related Documents or any agreement or instrument contemplated hereby or thereby, the transactions contemplated hereby or thereby, any Term Loan or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents, the Related Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction.

  • Loss, Theft, Destruction or Mutilation of Warrant The Company covenants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate relating to the Warrant Shares, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.

  • Tenant’s Remedies/Limitation of Liability Landlord shall not be in default hereunder unless Landlord fails to perform any of its obligations hereunder within 30 days after written notice from Tenant specifying such failure (unless such performance will, due to the nature of the obligation, require a period of time in excess of 30 days, then after such period of time as is reasonably necessary). Upon any default by Landlord, Tenant shall give notice by registered or certified mail to any Holder of a Mortgage covering the Premises and to any landlord of any lease of property in or on which the Premises are located and Tenant shall offer such Holder and/or landlord a reasonable opportunity to cure the default, including time to obtain possession of the Project by power of sale or a judicial action if such should prove necessary to effect a cure; provided Landlord shall have furnished to Tenant in writing the names and addresses of all such persons who are to receive such notices. All obligations of Landlord hereunder shall be construed as covenants, not conditions; and, except as may be otherwise expressly provided in this Lease, Tenant may not terminate this Lease for breach of Landlord’s obligations hereunder. All obligations of Landlord under this Lease will be binding upon Landlord only during the period of its ownership of the Premises and not thereafter. The term “Landlord” in this Lease shall mean only the owner for the time being of the Premises. Upon the transfer by such owner of its interest in the Premises, such owner shall thereupon be released and discharged from all obligations of Landlord thereafter accruing, but such obligations shall be binding during the Term upon each new owner for the duration of such owner’s ownership.

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