Common use of Major Damage to Building Clause in Contracts

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event:

Appears in 4 contracts

Samples: Above Food Ingredients Inc., Agreement (Dirtt Environmental Solutions LTD), Zymeworks Inc.

AutoNDA by SimpleDocs

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event:.

Appears in 3 contracts

Samples: Imi International Medical Innovations Inc, Eschelon Telecom Inc, Eschelon Telecom Inc

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) 60 days after the date of such casualty, in which event:

Appears in 1 contract

Samples: Securac Corp

Major Damage to Building. If all or a substantial partial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Lease

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the a Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Construction Agreement (Eschelon Telecom Inc)

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed reconstructed, whether or not to be reconstructed in whole or in partpart or, in the event restoration becomes economically unfeasible, Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Amr Research Inc

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building or the Project is rendered untenantable by damage from fire or other casualty to such a material or substantial extent that that, in the reasonable opinion of the Landlord Landlord, the Building must should be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) 60 days after the date of such casualty, in casualty and thereupon Tenant shall have 60 days within which event:to vacate the Premises.

Appears in 1 contract

Samples: Rabatco Inc

AutoNDA by SimpleDocs

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) 60 days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Indenture (I Stat Corporation /De/)

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) 60 days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Office Lease (Clark/Bardes Holdings Inc)

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed reconstructed, whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) 60 days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Safety Insurance Group Inc

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable maintainable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed demolished, whether or not to be reconstructed in whole or of in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event:.

Appears in 1 contract

Samples: Office Lease (V2K International Inc)

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