Uninsured Risks. 6.5.1 For the purposes of this Clause 6.5:
Uninsured Risks. If, during the Lease Term, the Leased Premises are totally or partially destroyed from a risk not covered by insurance through no fault of the Landlord, Landlord, at its option, can elect to terminate this Lease by giving notice to Tenant within thirty (30) days of the date of destruction; provided, however, Landlord shall have no right to terminate the Lease if within ten (10) days following receipt of Landlord’s notice of its election to terminate, Tenant provides to Landlord reasonable assurance that Tenant shall pay for the cost of restoring the Leased Premises. However, as to any such uninsured destruction which was caused by an act or omission of Tenant, its employees, agents, invitees or permittees, then Tenant shall reimburse Landlord the full cost of the restoration of the Leased Premises.
Uninsured Risks. Grantee further represents and warrants that there are no uninsured risks the occurrence of which would have a material adverse effect on the program. SCHEDULE D
Uninsured Risks. 5.1 For the purpose of this paragraph 5 of this Schedule:
Uninsured Risks. The Landlord shall only be entitled to include within the Service Charge any costs which the Landlord incurs in reinstating any damage or destruction caused by an Uninsured Risk to the Premises if:
Uninsured Risks. If the Building is wholly or substantially damaged or destroyed by an Uninsured Risk so as to render the Premises unfit for occupation and use by the Tenant or inaccessible then:
Uninsured Risks. The Landlord must give the Tenant written notice on or before the date of this Lease that an Insured Risk is an Uninsured Risk or (as applicable) as soon as reasonably practicable after the Landlord becomes aware that an Insured Risk has become an Uninsured Risk. Provided that an Uninsured Risk has not become an Uninsured Risk by any act or default of the Tenant or any person deriving title through the Tenant or any person at the Property with the actual or implied authority of any of them, then if the Property is damaged or destroyed by an Uninsured Risk so that the Property is unfit for use or inaccessible, then the Landlord may within one year serve a Reinstatement Notice on the Tenant and if the Landlord fails to do so then the Tenant may serve notice on the Landlord terminating this Lease with immediate effect. If the reinstatement has not been completed within two years and six months of the date of damage then the Tenant may terminate this Lease by serving not less than six months’ notice on the Landlord. Provided that an Uninsured Risk has not become an Uninsured Risk by any act or default of the Tenant or any person deriving title through the Tenant or any person at the Property with the actual or implied authority of any of them then the provisions of paragraph 5 of part 1 of schedule 6 apply to Uninsured Risks in addition to Insured Risks from: (in the case of an Insured Risk which is an Uninsured Risk at the date of this Lease) the date of this Lease; or (in the case of an Insured Risk that becomes an Uninsured Risk) the date on which any Insured Risk becomes an Uninsured Risk. Schedule 7
Uninsured Risks. If the Premises is damaged as a result of any casualty not covered by Lessor’s insurance required to be maintained pursuant to Section 9 above, and if the cost to Lessor of repair would exceed fifteen percent (15%) of the replacement cost of the Premises, Lessor may within sixty (60) days following the date of such damage commence repair, reconstruction or restoration of the Premises and prosecute the same diligently to completion, in which event this Lease shall continue in full force and effect; or within said sixty (60) day period elect not to so repair, reconstruct or restore the Premises, in which event this Lease shall terminate with respect to the Premises effective as of the date of such damage or destruction. If the cost to Lessor of repair would not exceed fifteen percent (15%) of the replacement cost of the Premises, Lessor shall be obligated to repair such damage as soon as reasonably possible. In the event Lessor has the right to terminate this Lease, Lessor shall give Lessee written notice of its intention within said sixty (60) day period. In the event Lessor provides Lessee written notice of Lessor’s intention to terminate the Lease pursuant to the above provision, Lessee shall have the right within sixty (60) days after receipt of such notice to give Lessor written notice of Lessee’s intention to pay for the repair of the portion of said damage in excess of fifteen percent (15%) of the replacement cost of the Premises so damaged, in which event this Lease shall continue in full force and effect; and Lessee shall promptly deposit with Lessor the amount necessary to pay for the repairs of the portion of said damage in excess of fifteen percent (15%) of the replacement cost of the Premises or provide other suitable security for the payment of such costs, and thereafter Lessor shall proceed to make such repairs as soon as reasonably possible.
Uninsured Risks. If the Library Building is damaged as a result of any casualty not covered by the Casualty Insurance Policy required to be maintained pursuant to Section 6.7.1 above, and if the cost to the Parties of repair would exceed twenty percent (20%) of the replacement cost of the Library Building, the Parties shall met and confer and shall mutually agree within ninety (90) days following the date of such damage whether or nor to repair, reconstruct or restore the Library Building and if so the responsibility of each Party to fund the cost of repairing, reconstructing or restoring the Library Building. If the Parties determine to repair, restore or reconstruct the Library Building, this Operating Agreement shall continue in full force and effect and the Parties shall commence repair, reconstruction or restoration of the Library Building and prosecute the same diligently to completion. In the event the cost to the Parties of repair, reconstruction and restoration of the Library Building exceeds twenty percent (20%) of the replacement cost of the Library Building, and one Party desires to pay for the entire cost to repair, reconstruct and restore the Library Building so that this Operating Agreement shall not terminate, such Party shall have the right to pay for such repair, restoration and reconstruction of the Library Building in excess of twenty percent (20%) of the replacement cost of the Library Building so damaged, in which event this Operating Agreement shall continue in full force and effect. If the cost to the Parties of repair would not exceed twenty percent (20%) of the replacement cost of the Library Building, the Parties shall be obligated to repair such damage as soon as reasonably possible and the Parties shall each be obligated to pay the Parties Cost Sharing Percentages of the cost of repair of the Library Building. If the Library Building is damaged as a result of any casualty not covered by the Casualty Insurance Policy required to be maintained pursuant to Section 6.7.1 above, and if the cost to the Parties of repair, reconstruction and restoration would exceed twenty percent (20%) of the replacement cost of the Library Building, and the Parties elect not to repair, reconstruct or restore the Library Building, this Operating Agreement shall terminate and the Parties shall be released thereby without further obligations to the other Party with respect to this Agreement and the Library Building, the Library Land and the Joint Library. Each Party sha...
Uninsured Risks. (a) If the whole or part of the Property are destroyed or damaged by an Uninsured Risk so as to render the Property inaccessible or unfit for occupation or use then the Landlord may give the Tenant notice either that:
