Common use of Partial or Total Destruction Clause in Contracts

Partial or Total Destruction. Should the leased premises or any improvements in the area leased by the Tenant be substantially or totally destroyed by fire, the elements or otherwise so as to render the said building totally unfit for the Tenant's occupancy, either party shall have the option to cancel the remaining portion of the Lease or any extended period or term thereof by giving the other party written notice thereof within thirty (30) days after such destruction.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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