Common use of Fire and Other Casualty Clause in Contracts

Fire and Other Casualty. A. In the event that (i) the Premises are made substantially untenantable by fire or other casualty, including damage or casualties of war, and Landlord shall decide not to restore or repair the same, or (ii) the Building is so damaged by fire or other casualty that Landlord shall decide to demolish or not rebuild the same, then, in either of such events, either Landlord or Tenant shall have the right to terminate this Lease by notice to the other within ninety (90) days after the date of such fire or other casualty.

Appears in 4 contracts

Samples: Indenture (Metavante Corp), Indenture (Naviant Inc), Indenture (Metavante Corp)

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Fire and Other Casualty. A. In the event that (i) the Premises are made substantially untenantable by fire or other casualty, including damage or casualties of war, and Landlord shall decide not to restore or repair the same, or (ii) the Building is so damaged by fire or other casualty that Landlord shall decide to demolish or not rebuild the same, then, in either of such events, either Landlord or Tenant shall have the right to terminate this Lease by notice to the other within ninety (90) days after the date of such fire or other casualty.

Appears in 1 contract

Samples: Metavante Corp

Fire and Other Casualty. A. In the event that (i1) the Premises are made substantially untenantable by fire or other casualty, including damage or casualties of war, and Landlord shall decide not to restore or repair the same, or (ii2) the Building or the Project is so damaged by fire or other casualty that Landlord shall decide to demolish or not rebuild the sameBuilding, then, in either of such events, either Landlord or Tenant shall have the right Right to terminate this Lease by notice to the other within ninety (90) days after the date of such fire or other casualty.

Appears in 1 contract

Samples: Office Lease (Ebenx Inc)

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Fire and Other Casualty. A. In the event that (i1) the Premises are made substantially untenantable by fire or other casualty, including damage or casualties of war, casualty and Landlord shall decide not to restore or repair the same, or (ii2) the Building or the Project is so damaged by fire or other casualty that Landlord shall decide to demolish or not rebuild the sameBuilding, then, in either of such events, either Landlord or Tenant shall have the right to terminate this Lease by notice to the other within ninety (90) days after the date of such fire or other casualty.

Appears in 1 contract

Samples: Lease Agreement (Quest Resource Corp)

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