Total Destruction of Premises Sample Clauses

Total Destruction of Premises. If the improvements on the Premises are totally destroyed during the Term from any cause whether or not covered by the insurance required herein (including any destruction required by any authorized public authority), this Lease shall automatically terminate as of the date of such total destruction.
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Total Destruction of Premises. 14.3 Partial Destruction of Terminal Building............................................................
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Total Destruction of Premises. In the event that the demised premises is totally destroyed or so damaged by fire or other casualty not occurring through fault or negligence of the Lessee or those employed by or acting for him, that the same cannot be repaired or restored within a reasonable time, this lease shall absolutely cease and determine, and the rent shall xxxxx for the balance of the term.
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Total Destruction of Premises. In the event the Demised Premises are totally destroyed or so damaged by fire or other casualty that, in the opinion of a licensed architect retained by Lessor, the same cannot be repaired and restored within 180 days from the date of such damage or destruction (subject to extensions for delays beyond Lessor’s control) Lessee or Lessor shall have the option to terminate this Lease and the Rent shall xxxxx for the balance of the Term.
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Total Destruction of Premises. 13.3 Partial Destruction of Consolidated Rental Car Facility..................................................
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Total Destruction of Premises. In the event the improvements located on the Leased Premises shall be destroyed or so damaged by fire, tornado, or other storms, explosion, earthquake, or any other casualty as to become untenable, then the Landlord may, if Landlord so elects, either rebuild and put said improvements in good condition and fit for occupancy within a reasonable time after such destruction, or may give notice in writing terminating this Lease. If Landlord elects to repair or rebuild said improvements, Landlord shall give the Tenant reasonable prompt notice after such casualty of Landlord’s intention to repair, and then proceed with reasonable speed to repair. If notice is NOT given within sixty (60) days, the Lease shall be deemed terminated. Tenant shall not be obligated to pay any Rent from the time of such destruction or damage until said Leased Premises are again fit and ready for occupancy, unless Tenant caused the damage.
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Total Destruction of Premises. In the event the Premises are totally destroyed or so damaged by fire or other casualty covered by a policy or policies of insurance maintained by Lessor, that in Lessor’s opinion the same cannot be repaired and restored within sixty (60) days from Lessor receiving notice from Lessee of the happening of such casualty, this Lease shall absolutely cease and terminate and the Minimum Annual Rent and Additional Rent shall axxxx for the balance of the term. Nothing contained herein shall be construed to affect Lessor’s right to collect the proceeds of rental value insurance on the Premises. The above notwithstanding, in the event that Lessor has another facility that is suitable for Lessee’s business operations and Lessee and Lessor are able to negotiate a mutually satisfactory Lease, Lessor shall make such facility available to Lessee and at the time of commencement of the Lease for the other facility, this Lease shall terminate.
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Total Destruction of Premises. In the event the Premises is totally destroyed or so damaged by fire or other casualty, covered by policies of insurance carried by Lessor, that in Lessor's opinion, the same cannot be repaired and restored within ninety (90) days from the happening of such injury, the current term of this Lease shall absolutely cease and determine and the Minimum Annual Rent and Additional Rent shall xxxxx for the balance of the term. Nothing contained herein shall be construed to affect Lessor's right to collect the proceeds of rental value insurance on the Building."
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Total Destruction of Premises. In the event the demised premises are totally destroyed or so damaged by fire or other casualty that, in the opinion of a licensed architect retained by Landlord, the same cannot be repaired and restored within forty-five (45) days from the happening of such injury, or the demised premises are not, in fact, resolved within forty-five (45) days, this lease shall absolutely cease and terminate, and the rent shall xxxxx from the date of casualty for the balance of the term.
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Related to Total Destruction of Premises

  • Condition of Premises The Premises are demised to Tenant and Tenant accepts the same “as-is”, except that (a) if, not later than sixty (60) days following the date of this Lease, Tenant notifies Landlord that the Initial Premises or a portion thereof (clearly designated in such notice to Landlord) are to be delivered in shell condition (but absent such notice Landlord will not otherwise be obligated to perform the Shell Work, time being of the essence of such notice), the Landlord shall, with respect to such designated portion(s) of the Premises, perform the Shell Work described in Exhibit B-1 at Landlord’s sole cost and expense prior to September 1, 2013, and all other work necessary to prepare the Initial Premises for Tenant’s occupancy shall be performed at Tenant’s sole cost and expense, in accordance with the applicable provisions of this Lease and (b) as to space added to the Premises pursuant to Section 42.01, if Tenant elects as provided therein, that some or all of the space so added shall be delivered in shell condition (but absent such notice Landlord will not otherwise be obligated to perform the Shell Work, time being of the essence of such notice), the Landlord shall, with respect to such designated portion(s) of the Premises, perform the Shell Work described in Exhibit B-1 at Landlord’s sole cost and expense prior to the date which is ninety (90) days following the date on which the additional space would be delivered under Section 42.01 but for the Tenant election that the same be delivered in shell condition, and all other work necessary to prepare the space so added under Section 42.01 for Tenant’s occupancy shall be performed at Tenant’s sole cost and expense, in accordance with the applicable provisions of this Lease. Tenant’s taking possession of any portion of the Premises shall be conclusive evidence that such portion of the Premises was in good order and satisfactory condition when Tenant took possession, and except for latent defects not readily apparent from a careful inspection of the Premises without cutting into or otherwise disturbing walls, floors or ceilings and punchlist items of which Tenant has delivered notice to Landlord, excluding items of damage caused by Tenant or its agents, independent contractors or suppliers (subject to the provisions of Section 3.01 of this Lease). No promise of Landlord to alter, remodel or improve the Property and no representation by Landlord or its agents respecting the condition of the Property has been made to Tenant or relied upon by Tenant other than as may be contained in this Lease or in any written amendment hereto signed by Landlord and Tenant.

  • Complete Destruction In the event the Premises are completely destroyed by fire, explosion, the elements, a public enemy, Act of God, or other casualty or are so damaged as to render the entire Premises untenable, and the Premises cannot be repaired within 120 days, Company will give Authority immediate notice thereof, and Authority will be under no obligation to repair, replace, and reconstruct said Premises. In the event Authority elects not to repair, replace, and reconstruct said Premises, Authority will not be required to grant alternative premises and this Agreement and the obligations of the Parties hereunder will terminate.

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