Common use of Damage or Destruction to Premises Clause in Contracts

Damage or Destruction to Premises. If the Premises or any portion thereof ae damaged or destroyed by fire or by other casualty, Basic Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the 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 Landlord shall repair and rebuild thePremises. The 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 Tenant is required to maintain insurance hereunder, or any other property of the Tenant. Basic Rent shall recommence to be payable one (1) day after the Landlord notifies the Tenant that the Tenant may reoccupy the Premises for the purpose ofundertaking its work.

Damage or Destruction to Premises. If the Premises or any portion thereof ae are damaged or destroyed by fire or by other casualty, Basic Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the Landlord's ’s architect or professional engineer, is thereby rendered unfit for the purposes of the Tenant until the Premises are repaired and rebuilt, and the Landlord shall repair and rebuild thePremisesthe Premises. The Landlord's ’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 Tenant is required to maintain insurance hereunder, or any other property of the Tenant. Basic Rent shall recommence to be payable one (1) day after the Landlord notifies the Tenant that the Tenant may reoccupy the Premises for the purpose ofundertaking of undertaking its work.

Damage or Destruction to Premises. If the Premises or any portion thereof ae are damaged or destroyed by fire or by other casualty, Basic Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the Landlord's 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 Landlord Tenant shall repair and rebuild thePremisesthe Premises. The Landlord's 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 Tenant Landlord is required to maintain insurance hereunder, or any other property of the Tenant. Basic Rent shall recommence to be payable one (1) day after the Landlord Tenant notifies the Tenant Landlord that the Tenant may reoccupy has reoccupied the Premises for to operate the purpose ofundertaking its workTenant’s business.

Damage or Destruction to Premises. If the Premises or any portion thereof ae are damaged or destroyed by fire or by other casualty, Basic Rent shall xxxxx in proportion to the area of that portion of the Premises which, in the opinion of the 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 Landlord shall repair and rebuild thePremisesthe Premises. The 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 Tenant is required to maintain insurance hereunder, or any other property of the Tenant. Basic Rent shall recommence to be payable one (1I) day after the Landlord notifies the Tenant that the Tenant may reoccupy the Premises for the purpose ofundertaking of undertaking its work.