Complete Destruction Sample Clauses

Complete Destruction. In the event the Premises are completely destroyed by fire, explosion, the elements, a public enemy, Act of God, or other casualty or are so damaged as to render the entire Premises untenable, and the Premises cannot be repaired within 120 days, Company will give Authority immediate notice thereof, and Authority will be under no obligation to repair, replace, and reconstruct said Premises. In the event Authority elects not to repair, replace, and reconstruct said Premises, Authority will not be required to grant alternative premises and this Agreement and the obligations of the Parties hereunder will terminate.
AutoNDA by SimpleDocs
Complete Destruction. In the event the Airline Premises are completely destroyed by fire, explosion, the elements, a public enemy, Act of God, or other casualty or are so damaged as to render the entire Airline Premises untenable, and the Airline Premises cannot be repaired within 120 days, the Airline will give the Authority immediate notice thereof, and the Authority will be under no obligation to repair, replace, and reconstruct the Airline Premises. In the event the Authority elects not to repair, replace, and reconstruct the Airline Premises, the Authority will not be required to grant alternative premises and this Agreement and the obligations of the Parties hereunder will terminate.
Complete Destruction. In the event the Company Premises are completely destroyed by fire, explosion, the elements, a public enemy, Act of God, or other casualty or are so damaged as to render the entire Company Premises untenable, and the Company Premises cannot be repaired within 120 days, Company will give Authority immediate notice thereof, and Authority will be under no obligation to repair, replace, and reconstruct the Company Premises. In the event Authority elects not to repair, replace, and reconstruct the Company Premises, Authority will not be required to grant alternative premises and this Agreement and the obligations of the Parties hereunder will terminate.
Complete Destruction. 1. Except as stated in Section 10.03(2), in the event the Premises are completely destroyed by fire, explosion, the elements, the public enemy, or other casualty or so damaged that they are untenantable and cannot be repaired or replaced except after more than thirty (30) days, the Authority shall undertake the repair, replacement, and reconstruction of the Premises. All or a portion of the concession fees shall xxxxx as of the time or such damage or destruction until such time as said Premises are fully restored and certified by the Authority's Engineers as ready for occupancy, provided, however, if within twelve (12) months after the time or such damage or destruction said Premises shall not have been repaired or reconstructed, the Contractor may give the Authority written notice of its intention to cancel this Contract in its entirety. 2. Notwithstanding the foregoing, if said Premises are completely destroyed as a result of the act or omission of the Contractor, its subcontractors, agents or employees, rentals and fees shall not xxxxx and the Authority may, at its discretion, require the Contractor to repair and reconstruct the Premises within twelve (12) months of such destruction and pay the costs therefor; or the Authority may repair and reconstruct the Premises within twelve (12) months of such destruction and the Contractor shall be responsible for reimbursing the Authority for the costs and expenses incurred in such repair to the extent such costs and expenses exceed the insurance proceeds.
Complete Destruction. 14.4.1 In the event a Concession Facility is completely destroyed by fire, explosion, the elements, the public enemy or other casualty, or so damaged that it will remain unusable for more than thirty (30) days, and the Director elects to repair the Facility, notwithstanding Section 17.26, fees payable hereunder shall be paid to the time of such damage or destruction and shall thenceforth cease as to such Facility until such time as the Facility may be fully restored. If within twelve (12) months after the time of such damage or destruction said Facility shall not have been repaired or reconstructed, Concessionaire may give the City written notice of its intention to cancel the Agreement in its entirety as of the date of such damage or destruction. Notwithstanding the foregoing, if the Facility is completely destroyed as a result of any act or omission by Concessionaire, its agents, employees, suppliers, Subcontractors, or contractors, the Director may, in his discretion, require Concessionaire to bear the cost of the repair and reconstruction of the Facility, pay the costs therefor and pay the Minimum Guarantee Fee with respect to the Facility during the reconstruction or repair.
Complete Destruction. (a) In the event the Premises are completely destroyed by fire, explosion, the elements, the public enemy, or other casualty or so damaged that they are untenantable and cannot be replaced except after more than thirty (30) days, the Authority shall undertake the repair, replacement, and reconstruction of the Premises; and all or a portion of the concession rentals and fees payable under Section 5.01 shall xxxxx as of the time of such damage or destruction and shall henceforth cease until such time as said Premises are fully restored and certified by the Authority's Engineers as ready for occupancy; provided, however, that if said damage is caused by the act or omission of the Contractor, its sublessees, agents, or employees, the said fees and charges will not xxxxx and to the extent that such damage or destruction is not covered by insurance, the Contractor shall be responsible for reimbursing the Authority for the costs and expenses incurred in said repair; provided further, however, if within twelve (12) months after the time of such damage or destruction said Premises shall not have been repaired or reconstructed, the Contractor may give the Authority written notice of its intention to cancel this Contract in its entirety. (b) Notwithstanding the foregoing, if said Premises are completely destroyed as a result of the act or omission of the Contractor, rentals and fees shall not xxxxx and the Authority may, in its discretion, require the Contractor to repair and reconstruct said Premises within twelve (12) months of such destruction and pay the costs therefor; or the Authority may repair and reconstruct the Premises within twelve (12) months of such destruction and the Contractor shall be responsible for reimbursing the Authority for the costs and expenses incurred in such repair.
Complete Destruction. In the event the Premises are destroyed or rendered untenantable by fire, storm, earthquake, or other casualty not caused by the negligence or intentional acts of Lessee or any of Lessee’s agents, employees, representatives, guests, invitees, or customers, or if the same are taken by eminent domain, this Lease shall terminate from such time except for the purpose of enforcing rights hereunder that may have accrued to that date. The rental amount shall be prorated to the date of such destruction or untenantability or taking of the Premises, Lessee paying up to such date and Lessor refunding the rent collected beyond such date. Should only a part of the Premises be destroyed or rendered untenantable by fire, storm, earthquake, or other casualty not caused by the negligence or intentional acts of Lessee or any of Lessee’s agents, employees, representatives, guests, invitees, or customers, the rent shall xxxxx in the proportion which the damaged portion bears to the whole Premises provided that the business that Lessee has been conducting can reasonably still be conducted in the non-damaged part of the Premises. Lessor shall have no duty to repair any part of the premises which are destroyed or otherwise rendered untenantable. The costs of any repairs voluntarily made by Lessor shall be paid for by Lessor unless the damage was caused by the negligence of Lessee or Lessee’s agents, employees, representatives, guests, invitees, or customers, in which case said cost shall be paid by Xxxxxx.
AutoNDA by SimpleDocs
Complete Destruction. If Leased Premises, the Terminal in which the Leased Premises are located, or any portion thereof is destroyed or damaged to an extent that renders it unusable, County may rebuild or repair any portions of the building structure destroyed or damaged, and if the cause was beyond the control of Tenant, Xxxxxx’s obligation to pay the Concession Space Rent hereunder shall xxxxx as to such damaged or destroyed portions during the time they are unusable. If County elects not to proceed with the rebuilding or repair of the building structure, it shall give notice of its intent within ninety
Complete Destruction. If the Premises are made wholly untenantable by fire, explosion or other casualty, Lessor may, at its option, elect to terminate this Lease as of the date of such damage by written notice to Tenant given within thirty (30) days after the casualty. Otherwise, Lessor may, at its election, restore the Premises to tenantable condition, in which event it shall give written notice to Tenant within thirty (30) days after the casualty of Lessor’s election to restore. Base Rent and Additional Rent shall be abated during the period that the Premises are untenantable in proportion to the reduction of tenantability during the period of restoration. If Lessor shall elect to restore the Premises to tenantable condition, but Lessor shall not complete the restoration within one hundred eighty (180) days after the occurrence of the casualty, then and thereafter this Lease may be terminated by either Lessor or Tenant by written notice given within thirty (30) days after the expiration of said one hundred eighty (180) days period.
Complete Destruction. If, during the lease term and any extension thereto, the building on the Premises is completely destroyed by fire or by any other cause, this Lease shall not terminate and the rent shall not be abated unless Lessor has received the insurance funds on the Premises pursuant to paragraph 9(m) above and Lessee is unable to recommence its operations within 150 days of the casualty, in which event, Lessee may terminate the Lease by written notice to Lessor. If Lessee exercises Lessee's right to terminate the Lease, Lessor shall refund all rent paid after the casualty and any insurance proceeds belonging to Lessee paid to Lessor. Repair or reconstruction shall be in conformance with the plans and designs as existed immediately before the damage or destruction occurred, subject to any changes as may be reasonably attributable to governmental restriction, inability to obtain like materials or labor or other like causes. If operations are not expected to recommence within 150 days of the date of casualty and Lessee elects not to terminate the Lease, Lessee's rental obligation shall abatx xxxm the date of casualty to recommencement of operations.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!