DAMAGE BY FIRE OR OTHER CAUSE Sample Clauses

DAMAGE BY FIRE OR OTHER CAUSE. 17.01. If the Leased Property shall be damaged by fire or other cause, Tenant shall promptly notify Landlord thereof. If the damage is of such an extent as to interfere materially with Tenant' s ability to conduct its operations at the Building, Landlord shall, at Tenant's option as determined by Tenant by written notice to Landlord given not more than 60 days following such fire or other casualty, either (a) repair and restore any damaged portions of the Leased Property to a condition suitable for Tenant's use, as promptly as reasonably practicable, to the extent of and subject to receipt of insurance proceeds from Landlord's insurer (plus an amount equal to the amount of any applicable deductible) sufficient to pay the cost of such repair and restoration, it being agreed that Landlord's obligation to so repair and restore is expressly conditioned upon the receipt and sufficiency of such insurance proceeds (plus an amount equal to any applicable deductible) and to the extent such insurance proceeds are unavailable or insufficient, Tenant shall be solely responsible for the cost (or the balance of the cost, as the case may be) to so repair and restore, or (b) terminate this Lease by written notice to Tenant sent not later than 60 days following such fire or other casualty, in which event the Term shall expire upon the thirtieth day following such notice and Tenant shall vacate the Leased Property and surrender the same to Landlord on or before the date this Lease shall so terminate. Fixed Rent and Additional Rent shall be abated for the portion of the Leased Property which is not usable by Tenant in the ordinary conduct of its business from the date of such damage or destruction until the date on which the Leased Property become usable by Tenant for the ordinary conduct of its business. There shall be no abatement of Fixed Rent or Additional Rent for any period of time for that portion of the Leased Property which Tenant continues to occupy or has reoccupied. If there shall be any delay in the process of restoration and repair due to any act or omission on the part of Tenant, Fixed Rent and Additional Rent shall commence on the date the Leased Property would have otherwise been completed but for such delay, as shall be determined by Landlord in its judgment reasonably exercised. No penalty or damage shall accrue for delays which may arise by reason of adjustment of insurance on the part of Landlord, or for delays on account of Force Majeure. Upon terminati...

DAMAGE BY FIRE OR OTHER CAUSE. 15.1. If the Building or any portion thereof (exclusive of the Premises) is damaged or destroyed by any casualty to the extent that, in Landlord's reasonable judgment, (a) repair of such damage or destruction would not be economically feasible, or (b) the damage or destruction to the Building cannot be repaired within two hundred seventy (270) days after the date Landlord learns of the necessity for repairs as a result of such damage or destruction, or if the proceeds from insurance remaining after any required payment to any mortgagee or lessor of Landlord are insufficient to repair such damage or destruction, Landlord shall have the right, at Landlord's option, to terminate this Lease (provided Landlord terminates the leases, where Landlord has the right to do so, of all of the other tenants of the Building similarly affected) by giving Tenant notice of such termination, within sixty (60) days after the date Landlord learns of the necessity for repairs as a result of such damage or destruction. 15.2. If the Premises or any portion thereof is damaged or destroyed by any casualty, and if, in Landlord's reasonable opinion, the Premises cannot be rebuilt or made fit for Tenant's purposes within two hundred seventy (270) days after the date Landlord learns of the necessity for repairs as a result of such damage or destruction, or if the proceeds from the insurance Landlord is required to maintain pursuant to Article 14 hereof (or the amount of proceeds which would have been available if Landlord was carrying such insurance) are insufficient to repair such damage or destruction, then either Landlord or Tenant shall have the right, at the option of either party, to terminate this Lease by giving the other written notice, within sixty (60) days after Landlord learns of the necessity for repairs as a result of such damage or destruction. 15.3. In the event of partial destruction or damage to the Building or the Premises which is not subject to Section 15.1 or 15.2, but which renders the Premises partially but not wholly untenantable or renders the Premises wholly untenantable for a short enough period of time that this Lease is not otherwise terminated in accordance with the terms of this Article 15, this Lease shall not terminate and Rent shall be abated in proportion to the area of the Premises which cannot be used or occupied by Tenant as a result of such casualty. Landlord shall in such event, within a reasonable time after the date of such destruction or dam...

DAMAGE BY FIRE OR OTHER CAUSE. Section 16.01 Subject to Sections 16.02 and 16.03 hereof, if the Building is damaged by fire or other casualty so as to affect the Premises, Tenant shall immediately notify Landlord, who shall, but only if the proceeds from Landlord’s insurance available to Landlord (i) are free from collection by Xxxxxxxx’s mortgagee and (ii) are sufficient, have the damage repaired, including any damages to the Leasehold Improvements, with reasonable speed at the expense of Landlord, subject to delays which may arise by reason of adjustment of loss under insurance policies and to other delays beyond Landlord's reasonable control. Provided such damage was not the result of the negligence or willful misconduct of Tenant, or Tenant's employees or invitees, an abatement in the Rental hereunder shall be allowed as to that portion of the Premises rendered untenantable by such damage until such time as Landlord determines that such damaged portion of the Premises has been made tenantable for Tenant's use.

DAMAGE BY FIRE OR OTHER CAUSE. 10.01. If Plaza II or Plaza III or the Demised Premises shall be partially or totally damaged or destroyed by fire or other cause (and if this Lease shall not have been terminated as in this Article 10 hereinafter provided), Landlord shall repair the damage and restore and rebuild the Building and/or the Demised Premises, except for Tenant's Work and Tenant's personal property, at its expense with reasonable dispatch after notice to it of the damage or destruction and the collection of the insurance proceeds attributable to such damage. 10.02. If Plaza II or Plaza III or the Demised Premises shall be damaged or destroyed by fire or other cause, then unless such fire or damage shall have resulted from the negligence of Tenant or its employees, agents or contractors, the rents payable hereunder shall be abated to the extent that the Demised Premises shall have been rendered untenantable for the period from the date of such damage or destruction to the date the damage shall be repaired or restored, such abatement to be granted on a pro rata basis if only a portion of the Demised Premises is rendered untenantable; provided, however, that should Tenant reoccupy a portion of the Demised Premises as to which the abatement is in effect during the period the restoration work is taking place and prior to the date that the whole of said Demised Premises are made tenantable, Basic Annual Rent and additional rent allocable to such portion shall be payable by Tenant from the date of such occupancy. 10.03. If Plaza II or Plaza III shall be so damaged or destroyed by fire or other cause (whether or not the Demised Premises are damaged or destroyed) as to require a reasonably estimated expenditure made by Landlord or a reputable contractor designated by Landlord of more than twenty percent (20%) of the full insurable value of the Building immediately prior to the casualty (or ten percent (10%) if such casualty occurs during the last two years of the Term) then Landlord may terminate this Lease by giving Tenant notice to such effect within one hundred eighty (180) days after the date of the casualty and upon such notice this Lease and the estate hereby granted, whether or not the Term shall have theretofore commenced, shall terminate as if that date was the Expiration Date. In case of any damage or destruction mentioned in this Article 10 which Landlord is required to repair and restore, Tenant may terminate this Lease by notice to Landlord if Landlord has not completed the...

DAMAGE BY FIRE OR OTHER CAUSE. Section 9.01. If the Demised Premises or any part thereof shall be damaged by fire or other insured casualty and Tenant shall give prompt written notice thereof to Landlord, Landlord shall, subject to the provisions of the Condominium Documents and subject to Sections 9.02 and 9.03, proceed with reasonable diligence to repair or cause to be repaired such damage at its expense; and if the Demised Premises, or any part thereof, shall be rendered untenantable by reason of such damage, the Fixed Rent hereunder, or an amount thereof apportioned according to the area of the Demised Premises so rendered untenantable (if less than the entire Demised Premises shall be so rendered untenantable), shall, to the extent not covered by insurance, be abated for the period from the business day immediately following the date of such damage to the date when the damage shall have been repaired as aforesaid. Tenant covenants and agrees to cooperate with Landlord, the Board of Managers and any Mortgagee in their efforts to collect insurance proceeds (including rent insurance proceeds, if any) payable to such parties.

DAMAGE BY FIRE OR OTHER CAUSE. If the Premises or common areas are damaged by fire or other cause so as to render them unsuitable or prevent reasonable access to them, the LANDLORD shall diligently repair or procure the repair of the damage; the payments pursuant to this agreement, shall xxxxx in proportion to the area of the Premises rendered unusable because of the damage, from the date the damage occurs until it is repaired. If the Premises are completely destroyed, the LANDLORD may within 30 days after the damage has occurred notify the TENANT of its intention to repair the Premises, and the LANDLORD shall diligently repair or procure the repair of the Premises and the payments shall cease to accrue and be payable for the period from the date the Premises are destroyed until they are repaired. If the Premises are completely destroyed and the LANDLORD fails to notify the TENANT of its intention to repair as stipulated herein, this Lease shall terminate and payments shall cease to accrue and be payable from the date the Premises are destroyed; and the TENANT shall vacate the Premises.

DAMAGE BY FIRE OR OTHER CAUSE. SECTION 18.01. If the Premises or the Building should be partially or totally damaged or destroyed by fire or other cause, then (if this Lease shall not have been canceled as provided in this Section 18.01 or Section 18.02), Landlord shall promptly make application to receive insurance proceeds and thereafter diligently repair the damage and restore, replace and rebuild the Building and Premises to the condition originally provided by Landlord. Landlord's repair obligations with respect to the Premises shall be to restore the Premises to the condition it was in on the Commencement Date, including restoration of the Initial Alterations. Landlord shall not be required to repair or replace at its expense any property that Tenant is required to insure pursuant to Section 15.03. If the Premises shall be damaged or destroyed, the Base Rent payable hereunder shall be abated to the extent that the Premises shall have been rendered untenantable or unfit for

DAMAGE BY FIRE OR OTHER CAUSE. The provisions of Article 7 of the Master Lease shall be incorporated herein. In the event of a casualty, Landlord shall have the same rights to terminate this Lease as are available to Tenant with respect to the Master Lease pursuant to Article 7 thereof and Tenant shall have the same rights to terminate this Lease as are available to Landlord, as tenant, with respect to the Master Lease pursuant to Article 7

DAMAGE BY FIRE OR OTHER CAUSE. If the Demised Premises or any part thereof shall be damaged by fire or other cause, Tenant shall give immediate notice thereof to Landlord and this Lease shall continue in full force and effect except as hereinafter set forth.

DAMAGE BY FIRE OR OTHER CAUSE. 11.01. If the Demised Premises shall be damaged by fire or other cause without the fault or neglect of Tenant, Tenant’s servants, employees, agents, visitors or licensees the damages shall be repaired by and at the expense of Landlord (except as provided in Section 11.02) and the rent until such repairs shall be made shall be apportioned according to the part of the Demised Premises which is usable by Tenant. But if such partial damage is due to the fault or neglect of Tenant, Tenant’s servants, employees, agents, visitors or licensees, without prejudice to any other rights and remedies of Landlord the damage shall be repaired by Landlord (except as provided in Section 11.02) but there shall be no apportionment or abatement of rent except to the extent of any net proceeds of rent insurance received by Landlord. No penalty shall accrue for any delay which may arise by reason of adjustment of insurance on the part of Landlord and for any delay on account of “labor troubles”, or any other cause, similar or dissimilar, beyond Landlord’s