CASUALTY AND RESTORATION OF PREMISES. A. If the Premises or the Building shall be so damaged by fire or other casualty as to render the Premises wholly untenantable and if such damage shall be so great that an architect, in good standing, selected by Landlord shall certify in writing to Landlord and Tenant within ninety (90) days of said casualty that the Premises, with the exercise of reasonable diligence, cannot be made fit for occupancy within one hundred eighty (180) business days from the happening thereof, then this Lease shall cease and terminate from the date of the occurrence of such damage and Tenant shall thereupon surrender to Landlord the Premises and all interest therein hereunder and Landlord may reenter and take possession of the Premises and remove Tenant therefrom. Tenant shall pay Rent, duly apportioned, up to the time of such termination of this Lease. If, however, the damage shall be such that said architect shall certify within said ninety (90) day period that the Premises can be made tenantable within said one hundred eighty (180) clay period, then, except as hereinafter provided, Landlord shall repair the damage so done (to the extent of the Building Standard tenant finish allowance then provided by Landlord to tenants in the Building) with all reasonable speed.
Appears in 1 contract
CASUALTY AND RESTORATION OF PREMISES. A. If the Premises or the Building shall be so damaged by fire or other casualty as to render the Premises wholly untenantable and if such damage shall be so great that an a competent architect, in good standing, selected by Landlord shall certify in writing to Landlord and Tenant within ninety sixty (9060) days of said casualty that the Premises, with the exercise of reasonable diligence, cannot be made fit for occupancy within one hundred eighty (180) business working days from the happening thereof, then this Lease shall cease and terminate from the date of the occurrence of such damage and Tenant shall thereupon surrender to Landlord the Premises and all interest therein hereunder and Landlord may reenter and take possession of the Premises and remove Tenant therefrom. Tenant shall pay Rentrent, duly apportioned, up to the time of such termination of this Lease. If, however, the damage shall be such that said architect shall certify within said ninety sixty (9060) day period that the Premises can be made tenantable within said one hundred eighty (180) clay day period, then, except as hereinafter provided, Landlord shall repair the damage so done (to the extent of the Building Standard tenant finish allowance then provided by Landlord to tenants in the BuildingTenant Finish Work Items) with all reasonable speed.
Appears in 1 contract
CASUALTY AND RESTORATION OF PREMISES. A. If the Premises or the Building shall be so damaged by fire or other casualty as to render the Premises wholly untenantable and if such damage shall be so great that an architect, in good standing, selected by Landlord shall certify in writing to Landlord and Tenant within ninety sixty (9060) days of said casualty that the Premises, with the exercise of reasonable diligence, cannot be made fit for occupancy within one two hundred eighty seventy (180270) business working days from the happening thereof, then this Lease shall cease and terminate from the date of the occurrence of such damage and damage. Tenant shall thereupon surrender to Landlord the Premises and all interest therein hereunder it has under this Lease and Landlord may reenter re-enter and take possession of the Premises and and, if necessary, remove the Tenant therefromfrom the Premises. Tenant shall pay Base Rent and Additional Rent, duly apportioned, up to the time of such termination of this LeaseLease termination. If, however, the damage shall be such that said the architect shall certify within said ninety sixty (9060) day period that the Premises can be made tenantable within said one two hundred eighty seventy (180270) clay day period, then, except as hereinafter provided, . Landlord shall repair the damage so done (to the extent of the Building Standard tenant finish allowance then provided by Landlord to tenants in the Building) with all reasonable speed.
Appears in 1 contract
Samples: Premises Lease (Zynex Inc)
CASUALTY AND RESTORATION OF PREMISES. A. If the Premises or the Building shall be so damaged by fire or other casualty as to render the Premises wholly untenantable and if such damage shall be so great that an a competent architect, in good standing, selected by Landlord shall certify in writing to Landlord and Tenant within ninety sixty (9060) days of said casualty that the Premises, with the exercise of reasonable diligence, cannot be made fit for occupancy within one hundred eighty (180) business working days from the happening thereof, then this Lease shall cease and terminate from the date of the occurrence of such damage and Tenant shall thereupon surrender to Landlord the Premises and all interest therein hereunder and Landlord may reenter and take possession of the Premises and remove Tenant therefrom. Tenant shall pay Rentrent, duly apportioned, up to the time of such termination of this Lease. If, however, the damage shall be such that said architect shall certify within said ninety sixty (9060) day period that the Premises can be made tenantable within said one hundred eighty (180) clay day period, then, except as hereinafter provided, Landlord shall repair the damage so done (to the extent of the Building Standard tenant finish allowance then provided by Landlord to tenants in the Building) with all reasonable speed.
Appears in 1 contract
Samples: Front Range Capital Corp