Partially Untenantable Clause Samples

Partially Untenantable. If the Premises shall be rendered partially untenantable by reason of such occurrence, the Tenant shall promptly cause the damage to be repaired and the Premises restored to the condition and specifications which existed immediately prior to such occurrence in accordance with plans and specifications approved by the Owner, which approval shall not be unreasonably withheld, conditioned or delayed. Notwithstanding such partial untenantability, the rent shall not be abated unless the Tenant has purchased rent loss insurance pursuant to Section 9.02, above, in which case the rent shall be abated in an amount equal to the amount of rent loss insurance paid or payable to the Owner by reason of such occurrence. The Owner agrees that, to the extent proceeds from insurance are paid to the Owner, the Owner shall reimburse the Tenant for the actual costs paid by the Tenant to repair such damage.