Common use of DAMAGE BY CASUALTY Clause in Contracts

DAMAGE BY CASUALTY. If a substantial part of the Premises is so damaged by fire or other casualty that the Premises are totally untenantable, LESSOR may at its sole option terminate this Lease. If the Lease is so cancelled, rent shall be paid only to the date of cancellation and LESSEE shall promptly surrender the Premises to LESSOR.

Appears in 9 contracts

Samples: Commercial Lease, Lease, Commercial Lease

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DAMAGE BY CASUALTY. If a substantial part of the Premises is so damaged by fire or other casualty that the Premises are totally untenantable, LESSOR may at its sole option terminate this Lease. If the Lease is so cancelled, rent shall be paid only to the date of cancellation and LESSEE shall promptly be given a reasonable amount of time to surrender the Premises to LESSOR.

Appears in 1 contract

Samples: Guitar Center Inc

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