Damage, Destruction, Condemnation. Resident shall immediately report to Landlord all fires, accidents, injuries and property damage occurring in the Unit and, if involving or known to Resident, elsewhere at the Facility. If, during the Contract Term, the Bedroom or the Unit is damaged or destroyed by fire or other casualty, then, at Landlord’s option: (a) the Bedroom or the Unit shall be promptly restored and repaired by Landlord and any Monthly Installments for the period that the Bedroom or the Unit is uninhabitable by Resident shall xxxxx, unless and to the extent Landlord provides Resident with a comparable alternative living space, in which event Monthly Installments will not be abated, (b) Landlord may terminate this Contract by so notifying Resident, in which event the Monthly Installments shall cease to accrue as of the date of such damage or destruction, or (c) Landlord may relocate Resident to another bedroom or unit within the Facility or a comparable facility. Notwithstanding the foregoing, Resident shall not be excused from paying Monthly Installments, Additional Fees, or other sums due under this Contract if the damage or destruction to the Bedroom or the Unit is caused by Resident or any guest of Resident. If the Unit or the Facility is condemned, this Contract shall terminate on the date Landlord tenders possession of the Unit or the Facility to the condemning authority. All condemnation damages shall be the property of Landlord.
Damage, Destruction, Condemnation. To the extent that the Master Lease gives Sublessor any rights following the occurrence of any damage, destruction or condemnation to terminate the Master Lease, to repair or restore the Sublease Premises, to contribute toward such repair or restoration costs to avoid termination, to obtain and utilize insurance or condemnation proceeds to repair or restore the Sublease Premises, or any similar rights, such rights shall be reserved to and exercisable solely by Sublessor, in its sole and absolute discretion, and not by Sublessee. The exercise of any such right by Sublessor shall under no circumstances constitute a default or breach under this Sublease or subject Sublessor to any liability therefor.
Damage, Destruction, Condemnation. The provisions of Article VI of the Lease shall govern with respect to any damage, destruction or condemnation of the Leased Property during the term of this Site Lease.
Damage, Destruction, Condemnation. The termination of this Lease by reason of damage to or the destruction or condemnation of a Facility as provided in Section 5.3(c) of this Lease.
Damage, Destruction, Condemnation. Sublandlord shall not be required to perform any obligation of the Overlandlord pursuant to the Xxxxxxxxx as it relates to rebuilding or repair of the Building (including the Subleased Premises) in the event of damage, destruction or condemnation of any part or all of the Building. If the Subleased Premises shall be damaged by fire or other casualty or be condemned or taken in any manner for a public or quasi-public use, Subtenant agrees that in no event shall it be the obligation of Sublandlord to repair, restore or rebuild the Subleased Premises. Nothing contained in this Sublease shall limit or impair any right of Sublandlord to terminate the Xxxxxxxxx pursuant to the provisions of the Xxxxxxxxx in the event of any damage by fire or other casualty or condemnation. In the event of casualty or condemnation, if the Xxxxxxxxx is terminated with respect to the Subleased Premises pursuant to the provisions of the Xxxxxxxxx, this Sublease shall automatically terminate at the same time and Subtenant shall have no claim against Sublandlord or Overlandlord for the loss of its subleasehold interest or any of Subtenant's property. If the Xxxxxxxxx is not terminated with respect to the Subleased Premises upon the occurrence of a casualty or condemnation, the provisions of the Xxxxxxxxx with respect to casualty or condemnation shall apply to this Sublease and the Subleased Premises, subject to the provisions of this Article. In the event of any condemnation of the Overleased Premises, all awards and compensation, or proceeds payable to Sublandlord pursuant to the Xxxxxxxxx shall be the property of Sublandlord. No part of any condemnation awards, compensation or proceeds shall be payable to Subtenant, provided that to the extent same does not violate the Xxxxxxxxx or adversely affect Sublandlord's or Overlandlord's award, Subtenant may institute a separate action for a claim to a separate award with respect to the value of leasehold improvements it has paid for, and for any of its personal property. Condemnation shall include a deed or conveyance in lieu of condemnation. Any election right or option in the Xxxxxxxxx with respect to restoration of the Subleased Premises or the Building or termination of the Xxxxxxxxx in connection with casualty or condemnation is expressly reserved to Sublandlord to exercise or not exercise in its sole discretion.
Damage, Destruction, Condemnation. This Agreement shall not have been terminated by Buyer as a result of any damage, destruction or condemnation of the Property as described in Section 23 hereof (and except as otherwise therein disclosed).
Damage, Destruction, Condemnation. In the event the Unit or the Building is damaged or destroyed by fire or any other casualty regardless of the cause or is condemned or taken by any governmental authority, PRI shall have the right to terminate this Agreement without any consideration or damages payable to Student. Any consideration, awards, insurance proceeds, etc. paid related to such event shall belong solely to PRI and Student waives any rights thereto. If PRI elects to repair such damage and restore the Building, this Agreement shall remain in full force and effect.
Damage, Destruction, Condemnation. (a) If all or any part of the Subleased Premises or any other part of the Building shall be damaged by fire or other casualty or be condemned or taken in any manner for a public or quasi - public use, then (i) Sublessor shall not be required by this Sublease to repair, restore or rebuild the same, (ii) the parties acknowledge that Landlord shall be required to repair, restore or rebuild the same to the extent provided in the Prime Lease, and (iii) if by reason of any such fire or other casualty or condemnation Sublessor shall receive an abatement of rent or additional rent relating directly to the Subleased Premises, there shall be a corresponding abatement of Base Rent or additional rent payable hereunder in proportion to the percentage of the abatement of Base Rent and Additional Rent Sublessor receives under the Prime Lease in respect of the Subleased Premises.
Damage, Destruction, Condemnation. If the Master Lease terminates as a result of a casualty or condemnation, this Sublease shall terminate as well. In the event that the Subleased Premises are damaged, destroyed, or subject to a taking by condemnation and the rent for the space within the Subleased Premises is abated under the Master Lease, the rent under this Sublease shall be proportionately abated.
Damage, Destruction, Condemnation. If the premises is damaged or destroyed by fire or other casualty, or is taken pursuant to condemnation proceedings or sale in lieu of condemnation, if Tenant’s use of the premises is not materially affected, this Lease shall not be terminated, but the rent shall be abated in proportion to any temporary interference with Tenants’ use. Subject to any mortgagee’s rights, Landlord shall apply any insurance or condemnation proceeds toward rebuilding and restoring the premises. If Tenants’ use of the premises is materially affected, Landlord or Tenant shall have the right to terminate this Lease effective on the date of the casualty or condemnation. In the event that Tenants do not so terminate this Lease, the rent shall be abated in proportion to any temporary interference with Tenants’ use of the premises. Tenants’ use of the premises shall be deemed materially affected if Landlord determines after damage due to casualty or condemnation that Landlord cannot restore or repair the premises within ninety (90) days after the damage or condemnation occurs.
