Casualty Damages. If all or any portion of the Leased Premises is damaged by fire or other casualty during the term of this Lease, the damages shall be promptly repaired by LESSEE, and the Rent, until such repairs are made, shall be fairly and equitably apportioned from the date of such fire or other casualty according to the portion of the Leased Premises which is unusable by LESSEE for the conduct of its business. LESSEE shall commence repairs within ninety (90) days after the occurrence of such damage and thereafter diligently pursue the repairs through completion. LESSOR shall promptly make available to LESSEE, the insurance proceeds from the casualty insurance pursuant to Section 8.01a to pay for the repairs.
Casualty Damages. As of the Closing, there will not have been with respect to any Seller (a) any destruction, damage by fire, accident or other casualty or act of God of or to any of the Assets, contracts or other property being sold to Buyer hereunder exceeding $10,000.00 in value or affecting in a material and adverse way the operation of its business as ??? now conducted which was or is not fully covered by insurance; or (b) any damage to, loss or destruction ??? any Seller's computer data or other vital records.
Casualty Damages. In the event the leased premises are damaged or destroyed in whole or in part by fire or other casualty during the term hereof, Landlord shall, at its own cost and expense, repair and restore the same to tenantable condition with reasonable dispatch, and the rent herein provided for shall xxxxx entirely in case the entire leased premises are untenantable and prorate for the portion rendered untenantable, in the event of partial untenantability, until such time as the leased premises are restored to tenantable condition. If the leased premises cannot be restored to tenantable condition within a period of ninety (90) days, Landlord and Tenant shall each have the right to terminate this Lease upon written notice to the other and any rent paid for any period in advance of the date of such damage and destruction shall be refunded to Tenant. If the leased premises are damaged due to fire or other casualty, Tenant shall at its own cost and expense remove such of its furniture and other belongings from the leased premises as Landlord shall require in order to repair and restore the leased premises.
Casualty Damages
