Common use of DAMAGE TO LEASED PREMISES Clause in Contracts

DAMAGE TO LEASED PREMISES. If the event that the Premises and/or the structure or building in which it is located is damaged or destroyed by fire or other casualty without the fault or negligence of the Lessee or his agents, the Lessor shall, at its own expense, repair the damaged portion, the Premises, structure and/or building to restore the same to substantially the condition in which it was handed over to Lessee. The Rent shall be abated until such repairs are completed. In the event such repair cannot be accomplished or of total destruction the Lease shall cease and terminate with no early termination or other liability accruing to either of the Parties.

Appears in 93 contracts

Samples: California Commercial Lease Agreement (Silvaco Group, Inc.), California Commercial Lease Agreement (Silvaco Group, Inc.), Rhode Island Commercial Lease Agreement

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