Common use of FIRE OR CASUALTY DAMAGE Clause in Contracts

FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Demised Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 9.3, this Lease shall not be terminated, but damage to the Demised Premises, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergencies. Restoration by Landlord shall not include replacement of Tenant’s Property. Tenant shall, at its expense, repair, restore and replace Tenant’s Property. Tenant’s restoration, replacement and repair work shall comply with Section 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 8.5.

Appears in 1 contract

Samples: Office Building Lease (TRX Inc/Ga)

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FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Demised Leased Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 9.37.2, this Lease shall not be terminated, but damage to the Demised PremisesBuilding, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergenciesemergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant’s Property's Property or Alterations performed by Tenant. Tenant shall, at its expense, repair, restore and replace Tenant’s Property's Property and all Alterations performed by Tenant. Tenant’s 's restoration, replacement and repair work shall comply with Section 6 5.3 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 8.56.2. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect.

Appears in 1 contract

Samples: Deed of Lease

FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Demised Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 9.39.2, this Lease shall not be terminated, but damage to the Demised PremisesProject, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergenciesemergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant’s Property's Property or Alterations performed by Tenant. Tenant shall, at its expense, repair, restore and replace Tenant’s Property's Property and all Alterations performed by Tenant. Tenant’s 's restoration, replacement and repair work shall comply with Section 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 8.58.3. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect.

Appears in 1 contract

Samples: arlington.granicus.com

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FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Demised Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 9.3, this Lease shall not be terminated, but damage to the Demised Premises, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergenciesemergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant’s Property. Tenant shall, at its expense, repair, restore and replace Tenant’s Property. Tenant’s restoration, replacement and repair work shall comply with Section 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 8.5.

Appears in 1 contract

Samples: Office Building Lease (Micromet, Inc.)

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