Common use of Partial Damage - Uninsured Loss Clause in Contracts

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor’s expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restored, or (ii) terminate this Lease by giving written notice to Lessee within 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. . In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor’s 's expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restoredeffect, or (ii) terminate this Lease by giving written notice to Lessee within 30 thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. , Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense's expense and this Lease shall continue in full force and effect, but subject to Lessor's rights under Paragraph 13), Lessor may at Lessor's option, either: (i) repair such damage as soon as reasonably possible at Lessor’s 's expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restoredeffect, or (ii) terminate this Lease by giving give written notice to Lessee within 30 thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date giving of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within 10 ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. . In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.such

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor’s expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restoredeffect, or (ii) terminate this Lease by giving written notice to Lessee within 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (( in which event Lessee shall make the repairs at Lessee’s 's expense), Lessor . Lessee may either: (i) repair such damage as soon as reasonably possible at Lessor’s 's expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restoredeffect, or (ii) terminate this Lease by giving written notice to Lessee within 30 thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s 's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor’s expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restored, or (ii) terminate this Lease by giving written notice to Lessee within 30 thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for and undertake the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with reasonable evidence of the availability of said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Lessee shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor’s expense's expensive, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restoredeffect, or (ii1)repair such damage as soon as reasonably possible at Lessor's within thirty (30) terminate this Lease by giving written notice to Lessee within 30 days days, after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within 10 ten (10) days after receipt of the termination notice to give written notice to Lessor lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days, after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, commitment this Lease shall terminate as of the date specified in the termination notice.

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee’s expense), Lessor Landlord may either: (i) repair such damage as soon as reasonably possible at LessorLandlord’s expense, in which event this Lease shall continue in full force and effect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restoredeffect, or (ii) terminate this Lease by giving written notice to Lessee Tenant within 30 thirty (30) days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective 60 ninety (90) days following the date of such notice. In the event Lessor If Landlord elects to terminate this Lease, Lessee Tenant shall have the right within 10 thirty (30) days after receipt of the termination notice to give written notice to Lessor Landlord of Lessee's Tenant’s commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Tenant shall provide Landlord with satisfactory assurance of such funds thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.