DAMAGE TO PREMISES definition

DAMAGE TO PREMISES. If, by no fault of Tenant, Premises are totally or partially damaged or destroyed by fire, earthquake, accident or other casualty, Landlord shall have the right to restore the Premises by repair or rebuilding. If Landlord elects to repair or rebuild, and is able to complete such restoration within 90 days from the date of damage, subject to terms of this paragraph, this agreement shall remain in full force and effect. If Landlord is unable to restore the Premises within this time, or if Landlord elects not to restore, then either Landlord or Tenant may terminate this agreement by giving the other written notice. Rent shall be abated as of the date of damage. The abated amount shall be the current monthly Base Rent prorated on a 30-day basis. If this agreement is not terminated, and the damage is not repaired, then Rent shall be reduced based on the extent to which the damage interferes with Tenant's reasonable use of Premises. Landlord and Tenant acknowledge receipt of a copy of this page. Landlord's initials ( NCM by WPY ) ( WPY ) Tenant's initials ( CTO ) (_____) -------------------------------------------- Reviewed by Broker of Designee __________ Date__________ -------------------------------------------- Commercial Lease Agreement (CL-11 Page 4 of 8) Premises 8▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, San Jose CA 95112-1361 Date________________
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DAMAGE TO PREMISES. The Tenant takes all risk of any damage to the Tenant's property that may occur by reason of water or the bursting or leaking of any pipes or waste water about the Premises, or from any act of negligence of any co-tenant or occupants of the building, or any other person, or fire, or hurricane, or other act of God, or from any cause whatsoever.
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DAMAGE TO PREMISES could mean any of the following: - Painting walls and/or trim- Re-keying of lock(s) - Painting of door(s)- Ceiling tile repair - Repair to walls and/or trim- Blinds repair and/or cleaning - Repair to door(s)- Communications j▇▇▇ repair - Cleaning- Electrical j▇▇▇ repair - Carpet repair and/or cleaning- Overhead light fixture repair - Furniture repair and/or cleaning- Phone cleaning and/or repair - Phone cord replacement- Removal of building directory sign in building lobby
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Examples of DAMAGE TO PREMISES in a sentence

  • AS A MATERIAL PART OF THE CONSIDERATION TO LANDLORD, TENANT ASSUMES ALL RISK OF DAMAGE TO PREMISES OR INJURY TO PERSONS IN OR ABOUT THE PREMISES ARISING FROM ANY CAUSE, AND TENANT HEREBY WAIVES ALL CLAIMS IN RESPECT THEREOF AGAINST LANDLORD, EXCEPT FOR ANY CLAIM ARISING OUT OF LANDLORD'S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.

  • THE MAXIMUM AGGREGATE LIABILITY OF EITHER PARTY FOR ALL LOSSES, COSTS, LIABILITIES, DAMAGES, AND EXPENSES IN CONNECTION WITH A CLAIM UNDER THIS AGREEMENT OR PROJECT PLAN HEREUNDER WILL BE $50,000.00 (USD) OR 10% OF THE TOTAL VALUE OF CASH OR COMMODITIES DONATED UNDER A PARTICULAR PROJECT PLAN, WHICHEVER IS LESS, EXCEPT IN CONNECTION WITH: (A) PERSONAL INJURY, LOSS OF LIFE, OR PHYSICAL DAMAGE TO PREMISES OR PROPERTY; (B) CASES OF WILLFUL MISCONDUCT OR GROSS NEGLIGENCE; OR (C) ANY INDEMNIFIED CLAIM.

  • OR DAMAGE TO PREMISES OR PROPERTY OTHER THAN GOODS FOR REMOVAL AS A RESULT OF OUR NEGLIGENCE OR BREACH OF CONTRACT, OUR LIABILITY SHALL BE LIMITED TO MAKING GOOD THE DAMAGED AREA ONLY.

  • DAMAGE TO PREMISES: If, by no fault of Tenant, Premises are totally or partially damaged or destroyed by fire, earthquake, accident or othercasualty, which render Premises uninhabitable, either Landlord or Tenant may terminate Agreement by giving the other written notice.

  • AS A MATERIAL PART OF THE CONSIDERATION TO LANDLORD, TENANT ASSUMES ALL RISK OF DAMAGE TO PREMISES OR INJURY TO PERSONS IN OR ABOUT THE PREMISES ARISING FROM ANY CAUSE, AND TENANT HEREBY WAIVES ALL CLAIMS IN RESPECT THEREOF AGAINST LANDLORD, EXCEPT FOR ANY CLAIM ARISING OUT OF LANDLORD’S OR THE LANDLORD GROUP’S OPERATION OR MAINTENANCE OF THE COMMON AREAS, LANDLORD’S BREACH OF THIS LEASE OR FROM THE LANDLORD’S OR LANDLORD GROUP’S NEGLIGENCE, GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.

  • DAMAGE TO PREMISES: If the Premises or part of the Premises are damaged or destroyed by fire or other casualty not due to Tenant’s negligence, the rent will be abated during the time that the Premises are uninhabitable.

  • DAMAGE TO PREMISES: If, by no fault of Tenant, Premises are totally or partially damaged or destroyed by fire, earthquake, accident or other casualty, which render Premises uninhabitable, either Landlord or Tenant may terminate Agreement by giving thother written notice.

  • DESTRUCTION OF OR DAMAGE TO PREMISES...................................

  • THE LIABILITY OF G&W FOR LOSS OR DAMAGE TO PREMISES BY ANY CAUSE, INCLUDING THE NEGLIGENCE OF G&W, DURING ITS PERFORMANCE OF SERVICES IS LIMITED TO $500.00.

  • DAMAGE TO PREMISES OR BUILDING.....................................


More Definitions of DAMAGE TO PREMISES

DAMAGE TO PREMISES. If, by no fault of Tenant, Premises are totally or partially damaged or destroyed by fire, earthquake, accident or other casualty, Landlord shall have the right to restore the Premises by repair or rebuilding. If Landlord elects to repair or rebuild, and is able to complete such restoration within 90 days from the date of damage, subject to terms of this paragraph, this agreement shall remain in full force and effect. If Landlord is unable to restore the Premises within this time, or if Landlord elects not to restore, then either Landlord or Tenant may terminate this agreement by giving the other written notice. Rent shall be abated as of the date of damage. The abated amount shall be the current monthly Base Rent prorated on a 30-day basis. If this agreement is not terminated, and the damage is not repaired, then Rent shall be reduced based on the extent to which the damage interferes with Tenant's reasonable use of Premises. If damage occurs as a result of an act of Tenant or Tenant's guests, only Landlord shall have the right of termination, and no reduction in Rent shall be made.
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DAMAGE TO PREMISES. If the Premises are so damaged by fire or from any other cause as to render them unrentable, then either party shall have the right to terminate this agreement as of the date on which such damage occurs, through written notice to the other party, to be given within fifteen (15) days after the occurrence of such damage; except that should such damage or destruction occur as the result of the abuse or negligence of the Resident, or its invitees, then Management only shall have the right to termination. Should this right be exercised by either Management or Resident, then the rent for the current month shall be prorated between the parties as of the date the damage occurred and any prepaid rent and unused security deposit shall be refunded to the Resident. If this lease is not terminated, then Management shall promptly repair the Premises and there shall be a proportionate deduction of rent until the Premises are repaired and ready for the Resident’s occupancy. The proportionate reduction shall be based on the extent to which the making of repairs interferes with the Resident’s reasonable use of the Premises. INTERRUPTION: Management does not warrant that the services or appliances referred to in this lease will be free from interruption due to causes beyond the reasonable control of Management. Any such interruption of service or malfunction of appliance shall never be deemed to be an eviction or disturbance of Resident’s use and possession of the Premises or render Management liable to the Resident for damages by abatement of rent or otherwise relieve Resident from the performance of his obligations under this lease. SUBORDINATION: This lease is subject to all present or future mortgages or trust deeds affecting the Premises and Resident hereby appoints Management as Attorney-in-fact to execute and deliver any and all necessary documents to subordinate this lease to any present mortgages or trust deeds affecting the Premises. REFUSE: All trash and garbage are to be sealed in plastic bags and placed inside dumpsters provided. All boxes should be flattened before disposal. Any large items such as furniture or restricted items such as tires shall be disposed of at the Resident’s expense! ADDITIONAL TERMS AND CONDITIONS: DATED: BY ACCEPTED BY RESIDENT UVT Management - ▇▇▇▇, ▇▇▇▇ or ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ - 320-252-2633 ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Pet Fee - $ 25.00 per sighting of a pet on the Premises Late Fee - $ 25.00 for each month that a Residents account is delinquent in...
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Related to DAMAGE TO PREMISES

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Premises Building Partial Damage means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is less than fifty percent (50%) of the then Replacement Cost of the building.

  • Premises Partial Damage means damage or destruction to the Premises, other than Lessee-Owned Alterations and Utility Installations, the repair cost of which damage or destruction is less than fifty percent (50%) of the then Replacement Cost (as defined in Paragraph 9.1(d)) of the Premises (excluding Lessee-Owned Alterations and Utility Installations and Trade Fixtures) immediately prior to such damage or destruction.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Leased Premises means the premises which are material to the Company or any Subsidiary and which the Company or any Subsidiary occupies or proposes to occupy as a tenant, sub-tenant or occupant;