Common use of Damage or Destruction to Premises Clause in Contracts

Damage or Destruction to Premises. If the Premises or any portion thereof are damaged or destroyed by fire or by other casualty, Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the Tenant’s architect or professional engineer, is thereby rendered unfit for the purposes of the Tenant until the Premises are repaired and rebuilt, and the Tenant shall repair and rebuild the Premises. The Tenant’s obligation to repair and rebuild shall not include the obligation to repair and rebuild any chattel, fixture, leasehold improvement, installation, addition or partition in respect of which the Landlord is required to maintain insurance hereunder. Rent shall recommence to be payable one (1) day after the Tenant notifies the Landlord that the Tenant has reoccupied the Premises to operate the Tenant’s business.

Damage or Destruction to Premises. If the Premises or any portion thereof are damaged or destroyed by fire or by other casualty, Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the Tenant’s Landlord's architect or professional engineer, is thereby rendered unfit for the purposes of the Tenant until the Premises are repaired and rebuilt, and the Tenant Landlord shall repair and rebuild the Premises. The Tenant’s Landlord's obligation to repair and rebuild shall not include the obligation to repair and rebuild any chattel, fixture, leasehold improvement, installation, addition or partition in respect of which the Landlord Tenant is required to maintain insurance hereunder, or any other property of the Tenant. Rent shall recommence to be payable one (1I) day after the Tenant Landlord notifies the Landlord Tenant that the Tenant has reoccupied may reoccupy the Premises to operate for the Tenant’s businesspurpose of undertaking its work.

Damage or Destruction to Premises. If the Premises or any portion thereof are damaged or destroyed by fire or by other casualty, Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the TenantLandlord’s architect or professional engineer, is thereby rendered unfit for the purposes of the Tenant until the Premises are repaired and rebuilt, and the Tenant Landlord shall repair and rebuild the Premises. The TenantLandlord’s obligation to repair and rebuild shall not include the obligation to repair and rebuild any chattel, fixture, leasehold improvement, installation, addition or partition in respect of which the Landlord Tenant is required to maintain insurance hereunder, or any other property of the Tenant. Rent shall recommence to be payable one (1) day after the Tenant Landlord notifies the Landlord Tenant that the Tenant has reoccupied may reoccupy the Premises to operate for the Tenant’s businesspurpose of undertaking its work.