Common use of Casualty – Solar Facility Clause in Contracts

Casualty – Solar Facility. If the Building or the Solar Facility are damaged by reason of fire or other casualty, such that the Solar Facility is not able to produce to its capacity and the time to repair the damage or rebuild may reasonably be expected to take more than ninety (90) days, then Tenant may thereafter terminate this Lease by notice given to Landlord within one hundred twenty (120) days following the fire or other casualty, in which event, except with respect to obligations that expressly survive a termination, upon a termination of this Lease, this Lease shall be of no further force or effect, all rights, duties and obligations of Landlord and Tenant shall terminate, and neither party shall be under any obligation to the other under this Lease or with respect to the Leased Premises or the Building or the Property. If Tenant does not terminate the Lease as a result of a fire or other casualty, this Lease shall remain in full force and effect.