Common use of Tenant’s Termination Right Clause in Contracts

Tenant’s Termination Right. If the work of repair, reconstruction and restoration in connection with damage or destruction of the Building and/or Premises initially affects more than thirty percent (30%) of the floor area of the Premises and shall require a period longer than nine (9) months to complete, then Tenant may elect to terminate this Lease, provided that Tenant shall give written notice to Landlord of its intention within sixty (60) days after the date it is advised of such repair period.

Tenant’s Termination Right. If the work of repair, reconstruction and -------------------------- restoration in connection with damage or destruction of the Building and/or Premises initially affects more than thirty percent (30%) of the floor area of the Premises and shall require a period longer than nine (9) months to complete, then Tenant may elect to terminate this Lease, provided that Tenant shall give written notice to Landlord of its intention within sixty (60) days after the date it is advised of such repair period.

Tenant’s Termination Right. If the work of repair, reconstruction -------------------------- and restoration in connection with damage or destruction of the Building and/or Premises initially affects more than thirty twenty-five percent (3025%) of the floor area of the Premises and shall require a period longer than nine seven (97) months to complete, then Tenant may elect to terminate this Lease, provided that Tenant shall give written notice to Landlord of its intention within sixty (60) days after the date it is advised of such repair period.

Tenant’s Termination Right. If the work of repair, reconstruction and restoration in connection with damage or destruction of the Building and/or Premises initially affects more than thirty twenty-five percent (3025%) of the floor area of the Premises and shall require a period longer than nine six (96) months to complete, then Tenant may elect to terminate this Lease, provided that Tenant shall give written notice to Landlord of its intention within sixty thirty (6030) days after the date it is advised of such repair period.