Common use of Tenant’s Termination Right Clause in Contracts

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day period, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.7.

Appears in 2 contracts

Samples: Lease (Pegasystems Inc), Lease (Pegasystems Inc)

AutoNDA by SimpleDocs

Tenant’s Termination Right. If Upon the Premises and/or occurrence of any damage or destruction to the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access which materially affects Tenant's ability to the Premises, and if Landlord elects to restore use the Premises, Landlord shall, within sixty shall provide to Tenant a written notice of Landlord's contractor's reasonable estimate of the time required to complete the repair and restoration of such damage or destruction (60the "Time Estimate"). If the Time Estimate estimates that such repair and restoration will take more than three hundred (300) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice complete (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) months measured from the date of occurrence of such damagedamage or destruction) Tenant may elect to terminate this Lease upon written notice to Landlord, then which notice shall be given, if at all, within twenty (20) days following Tenant's receipt of the Time Estimate. If Tenant fails to deliver notice of Tenant's election to terminate this Lease to Landlord within such twenty (20) day period, Tenant shall not have any right to terminate this Lease as a result of such damage or destruction. Once such notice has been delivered, if this Lease is not terminated thereby, as long as Landlord has not elected to terminate as otherwise allowed by the above provisions of this Paragraph 20, Landlord shall proceed to undertake its repair and xxxxxxxxxxx xxxxxxxions under this Paragraph 20 and Tenant shall not have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery as a result of the Restoration Notice occurrence of such damage or destruction, and Landlord agrees to Tenant. If Tenant delivers use diligent efforts to complete the restoration work in a Casualty Termination Notice within said thirty (30) day period, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.7timely manner.

Appears in 2 contracts

Samples: Office Lease (SHG Holding Solutions Inc), Office Lease (Leasehold Resource Group LLC)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 18 months from the date of such damage, then Tenant shall have the right to terminate this Amended and Restated Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Amended and Restated Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 2 contracts

Samples: Lease (Marchex Inc), Lease (Marchex Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completedsubstantially completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 18 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) 30 days following delivery Tenant's receipt of the Restoration Notice to TenantNotice. If Tenant delivers to Landlord a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.713.2.

Appears in 2 contracts

Samples: Agreement (Imanage Inc), Agreement (Imanage Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 15 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) 30 days following delivery Tenant's receipt of the Restoration Notice to TenantNotice. If Tenant delivers to Landlord a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.713.2.

Appears in 2 contracts

Samples: Attornment Agreement (Greenhill & Co Inc), Disturbance and Attornment Agreement (Greenhill & Co Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 15 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.7.11.4. Section 11.6

Appears in 1 contract

Samples: Lease Agreement

Tenant’s Termination Right. (a) If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 15 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) 30 days following delivery Tenant's receipt of the Restoration Notice to TenantNotice. If Tenant delivers to Landlord a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.713.2.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Advent Software Inc /De/)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the core and shell of the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 18 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) 30 days following delivery Tenant's receipt of the Restoration Notice to TenantNotice. If Tenant delivers a Casualty Termination Notice to Landlord within said thirty (30) 30 day period, then this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner and subject to the conditions set forth in the second sentence of Section 11.714.2.

Appears in 1 contract

Samples: Lease (Sports Club Co Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Tenant-Insured Improvements) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine twelve (912) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (ChromaDex Corp.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”"RESTORATION NOTICE") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 18 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”"TERMINATION NOTICE") to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Philadelphia Consolidated Holding Corp)

Tenant’s Termination Right. (a) If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 12 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery Tenant’s receipt of the Restoration Notice to TenantNotice. If Tenant delivers to Landlord a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.713.2.

Appears in 1 contract

Samples: Lease (Greenhill & Co Inc)

Tenant’s Termination Right. (a) If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine twelve (912) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery Tenant’s receipt of the Restoration Notice to Tenant(with time of the essence). If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodto Landlord, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.714.2.

Appears in 1 contract

Samples: Of Lease (Pzena Investment Management, Inc.)

Tenant’s Termination Right. If If, in Landlord’s judgment, the Premises and/or the Building (as applicable) are totally damaged repair and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the base Building and Demised Premises shall cannot be Substantially Completed. If such date, as set forth in completed within one hundred eighty (180) days after the Restoration Notice, is more than nine (9) months from the date occurrence of such damagedamage or destruction, then Landlord shall so notify Tenant. In such event, Tenant shall have the right to terminate this Lease by giving providing written notice (the “Casualty Termination Notice”) thereof to Landlord not later than within thirty (30) days after Tenant’s receipt of such notice, as Tenant’s sole remedy in connection therewith; provided, however, that Tenant shall have no right to terminate this Lease if the act or omission of Tenant shall have caused the damage or destruction. In the event that Landlord determines to restore the base Building and Demised Premises and has not completed such restoration within three hundred sixty-five (365) days following delivery the occurrence of such damage or destruction, subject to extension for delays caused by Tenant or for reasons of force majeure, then Tenant shall have the Restoration Notice to Tenant. If right, provided Tenant delivers is not then in a Casualty Termination Notice within said default for which it had previously received notice from Landlord, upon thirty (30) day perioddays prior written notice to Landlord to terminate this Lease. In the event Landlord shall have completed its repair work prior to the date specified by Tenant for termination of this Lease, then this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Noticenot terminate, but continue in the manner set forth in the second sentence of Section 11.7full force and effect.

Appears in 1 contract

Samples: Lease (Corporate Executive Board Co)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally materially damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the PremisesUntenantable, and if Landlord elects to repair and restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give deliver a notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall by Landlord will be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine twelve (912) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery of the Restoration Notice to TenantTenant (time being of the essence of the delivery of said Casualty Termination Notice). If Tenant delivers a Casualty Termination Notice within said thirty (30) day period, (a) then this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in as if such date was the manner set forth in expiration date of the second sentence Term of Section 11.7this Lease (b) Tenant shall vacate the Premises and surrender the same to Landlord, (c) Tenant’s liability for Rent shall cease as of the date of delivery of the Casualty Termination Notice, and (d) any prepaid Rent for any period after such termination shall be returned to Tenant.

Appears in 1 contract

Samples: Lease (Centessa Pharmaceuticals PLC)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine twelve (912) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Convio, Inc.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Cereplast Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building or the Common Areas shall be so damaged that Tenant is deprived of reasonable access to or use of the Premises, and if Landlord elects or is otherwise obligated to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of any above-described damage to the Building and the Common Areas and any damage to the Premises (including any Tenant Improvements, provided that Tenant furnishes to Landlord Restoration Security pursuant to the terms of Section 11.3 above) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Agreement of Sublease (Sunrun Inc.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more 6219070.4 than nine (9) 15 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Achieve Life Sciences, Inc.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicableor any portion -------------------------- thereof) are totally damaged and are thereby rendered wholly untenantable, or if the Building or Parking Garage shall be so damaged that Tenant is deprived of reasonable access to the Premisesthereto, and if Landlord elects does not terminate pursuant to restore the PremisesSection 13.2, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine eighteen (918) months from the date of such damagedamage (with no extension for force majeure), or if Landlord fails to timely provide the Restoration Notice, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.7.

Appears in 1 contract

Samples: Lease (Verisign Inc/Ca)

AutoNDA by SimpleDocs

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”"RESTORATION NOTICE") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 12 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”"TERMINATION NOTICE") to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Engage Technologies Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to or use of the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine one (91) months year from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Inphi Corp)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 12 months from the date of such damage, or if Landlord does not Substantially Complete Landlord’s restoration obligations with respect to the Premises within 12 months (subject to Unavoidable Delay), then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Sublease (K12 Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the PremisesPremises pursuant to this Article 11, Landlord shall, within sixty (60) days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Tenant-Insured Improvements) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine twelve (912) months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.7.11.4. 789956.06/WLA 377061-00006/sb/sb Arboretum Courtyard [Catasys, Inc.]

Appears in 1 contract

Samples: Lease (Catasys, Inc.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 12 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Sublease Agreement (K12 Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 15 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Omrix Biopharmaceuticals, Inc.)

Tenant’s Termination Right. (a) If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 15 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Xstelos Holdings, Inc.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantableuntenantable thereby, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “"Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises shall be Substantially Completedsubstantially completed. If such date, as set forth in the Restoration Notice, is more than nine Notice estimates that the restoration shall not be substantially completed on or before a date (9"Landlord's Restoration Date") which shall be 18 months from following the date of such damage, then Tenant shall have the right to terminate this Lease by giving written notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) 10 days following delivery Tenant's receipt of the Restoration Notice to TenantNotice. If Tenant delivers to Landlord a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination NoticeNotice as if such date were the Expiration Date, in the manner set forth in the second sentence of Section 11.7.and Rent shall be apportioned and shall be paid or refunded, as the

Appears in 1 contract

Samples: Martha Stewart Living Omnimedia Inc

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 9 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (DemandTec, Inc.)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the "Restoration Notice") to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 12 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty "Termination Notice") to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.4.

Appears in 1 contract

Samples: Lease (Cmgi Inc)

Tenant’s Termination Right. If the Premises and/or the Building (as applicable) are totally damaged and are thereby rendered wholly untenantable, or if the Building shall be so damaged that Tenant is deprived of reasonable access to the Premises, and if Landlord elects to restore the Premises, Landlord shall, within sixty (60) 60 days following the date of the damage, cause a contractor or architect selected by Landlord to give notice (the “Restoration Notice”) to Tenant of the date by which such contractor or architect estimates the restoration of the Premises (excluding any Above Building Standard Installations) shall be Substantially Completed. If such date, as set forth in the Restoration Notice, is more than nine (9) 12 months from the date of such damage, then Tenant shall have the right to terminate this Lease by giving notice (the “Casualty Termination Notice”) to Landlord not later than thirty (30) 30 days following delivery of the Restoration Notice to Tenant. If Tenant delivers a Casualty Termination Notice within said thirty (30) day periodNotice, this Lease shall be deemed to have terminated as of the date of the giving of the Casualty Termination Notice, in the manner set forth in the second sentence of Section 11.711.5.

Appears in 1 contract

Samples: Lease (Larimar Therapeutics, Inc.)

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