Common use of Uninsured Casualty Clause in Contracts

Uninsured Casualty. If damage or destruction of all or any portion of the Premises and/or the Building is not fully covered by insurance proceeds received by Landlord, Landlord shall have the right to terminate this Lease by written notice of termination delivered to Tenant within thirty (30) days after Landlord has been notified in writing that said damage of destruction is not fully covered by insurance. In such case, this Lease shall terminate as of the date specified in Landlord’s notice to Tenant.

Appears in 3 contracts

Samples: Lease Agreement (Sun Energy Solar Inc), Lease Agreement (Sun Energy Solar Inc), Lease Agreement (Sun Energy Solar Inc)

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Uninsured Casualty. If damage or destruction of all or any portion of the Premises and/or the Building is not fully covered by insurance proceeds received by Landlord, Landlord shall have the right to terminate this Lease by written notice of termination delivered to Tenant within thirty (30) days after Landlord has been notified in writing that said damage of destruction is not fully covered by insurance. In such case, this Lease shall terminate as of the date specified in Landlord’s notice to Tenant.

Appears in 2 contracts

Samples: Agreement (OpSec Holdings), Agreement (OpSec Holdings)

Uninsured Casualty. If damage or destruction of all or any portion of the Premises and/or the Building is not fully covered by insurance proceeds received by Landlord, Landlord shall have the right to terminate this Lease by written notice of termination delivered to Tenant within thirty (30) days after Landlord has been notified in writing that said damage of or destruction is not fully covered by insurance. In such case, this Lease shall terminate as of the date specified in Landlord’s 's notice to Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Jevic Transportation Inc), Lease Agreement (Jevic Transportation Inc)

Uninsured Casualty. If damage or destruction of all or any portion of the Premises and/or the Building is not fully covered by insurance proceeds received by Landlord, Landlord shall have the right to terminate this Lease by written notice of termination delivered to Tenant within thirty (30) days after Landlord has been notified in writing that said damage of destruction is not fully covered by insurance. In such case, this Lease shall terminate as of the date specified in Landlord’s 's notice to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Source Interlink Companies Inc)

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Uninsured Casualty. If Notwithstanding anything contained herein to the contrary, in the event of damage to or destruction of all or any portion of the Premises and/or the Building Building, which damage or destruction is not fully covered by the insurance proceeds received by LandlordLandlord under the insurance policies required under Article 7.01 hereinabove, Landlord shall have the right to may terminate this Lease by written notice of termination delivered to Tenant given within thirty sixty (3060) days after the date of notice to Landlord has been notified in writing that said damage of or destruction is not fully covered by insurance. In such case, this Lease shall terminate as of the date specified in Landlord’s notice to Tenantso covered.

Appears in 1 contract

Samples: Lease (Data Critical Corp)

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