DAMAGES BY CASUALTY Sample Clauses

DAMAGES BY CASUALTY. 17.1 Tenant must give immediate written notice to the Landlord of any damage caused to the Demised Premises by fire or other casualty.
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DAMAGES BY CASUALTY. 13.1 If the demised premises shall be damaged by fire, the elements, unavoidable accident or other casualty, but are not thereby rendered untenantable in whole, or part, Landlord shall at its own expense cause such damage to be repaired, and the rent shall not be abated. If by reason of such occurrence the demised premises shall be rendered untenantable only in part, Landlord shall at its own expense cause the damage to be repaired, and the fixed minimum rent meanwhile shall be abated proportionately as to the portion of the demised premises rendered untenantable. If the demised premises shall be rendered wholly untenantable by reason of such occurrence, the Landlord shall at its own expense cause such damage to be repaired, and the fixed minimum rent shall xxxxx until the demised premises have been restored and rendered tenantable, or Landlord may at its election terminate this Lease and the tenancy hereby created by giving to Tenant within the sixty (60) days following the date of said occurrence, written notice of Landlord's election so to do and, in the event of such termination, rent shall be adjusted as of such date.
DAMAGES BY CASUALTY. 11 ARTICLE 18.
DAMAGES BY CASUALTY. Any fire or damages caused by Lessee shall not effect the terms of this Lease or Lessee's obligation to pay rent. Lessee shall give immediate written notice to Lessor of any damage to the leased premises by fire or other casualty. In the event that the building improvements located on the leased premises shall be damaged or destroyed by fire or other casualty insured by the fire and extended coverage provided by the Lessee, Lessor shall proceed with reasonable diligence and at its cost, to replace and repair the building and contents to its original condition at the time of signing of the lease. There shall be no abatement in the payment of rentals due from Lessee to Lessor.
DAMAGES BY CASUALTY. The Purchased Assets and the Retained Assets shall not have been materially adversely affected on or prior to the Closing as a result of any accident or other casualty (whether or not adequately covered by insurance) occurring on or after the date hereof and prior to the Closing Time.
DAMAGES BY CASUALTY. Section 12.1 Tenant shall give immediate written notice to Landlord of any damage caused by the Leased Premises by fire or other casualty.
DAMAGES BY CASUALTY. Should the demised premises be partially damaged or destroyed or be declared unsafe or unfit for occupancy by any authorized public authority for any reason other than Lessee's act, use or occupation, and repairs can be made within ninety (90) days, Lessors, within fifteen (15) days after the happening of the casualty or declaration, shall elect either to repair the demised premises or not to repair the same. If Lessors elect to make such repairs, this lease shall not terminate, but Lessee shall be entitled to proportionate reduction of rent while such repairs are being made, such proportionate reduction shall be based upon the portion of the leased premises rendered untenantable or unusable. If Lessors elect not to make such repairs, this lease may be terminated at the option of either of the parties. If such repairs cannot be made within ninety (90) days, this lease may be terminated at the option of either of the parties. Upon the total destruction (including any destruction required by any authorized public authority) at any time during the term of this lease of either the leased premises or the building or structures of which they are a part, either party shall have the option to terminate this lease.
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DAMAGES BY CASUALTY. 17.1 If the Building is damaged or destroyed by fire, tornado, or other casualty, Tenant shall give prompt written notice thereof to Landlord.
DAMAGES BY CASUALTY. 29 ARTICLE 16:
DAMAGES BY CASUALTY. 13.1 In the event that the Demised Premises shall be damaged or destroyed by fire or other casualty insurable under standard fire and extended coverage insurance and neither Landlord nor Tenant elects to or is entitled to terminate this Lease as hereinafter provided, Landlord shall proceed with diligence and at its sole cost and expense to rebuild and repair the Demised Premises. In the event (a) the building in which the Demised Premises are located shall be destroyed or substantially damaged by a casualty not covered by Landlord's insurance or (b) such building shall be destroyed or rendered untenable to an extent in excess of fifty percent (50%) of the first floor area by a casualty covered by Landlord's insurance, then Landlord may elect either to terminate this Lease or to proceed to rebuild and repair the Demised Premises. Landlord shall give written notice to Tenant of such election within fifteen (15) days after the occurrence of such casualty and, if it elects to rebuild and repair, shall proceed to do so with diligence. Provided, however, that if there are two (2) years or more remaining on the current Lease Term, or Tenant exercises a remaining Renewal Term, Tenant can override Landlord's election to terminate the Lease.
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