Common use of Damage to Demised Premises Clause in Contracts

Damage to Demised Premises. If the Demised Premises shall be damaged by fire or other casualty, then, except as otherwise provided in subparagraphs (b) and (c) hereof, Landlord, at Landlord’s expense, shall promptly restore the Demised Premises, and Tenant, at Tenant’s sole expense, shall promptly restore all leasehold improvements installed in the Demised Premises by Tenant or at Tenant’s request and its own furniture, furnishings, trade fixtures and equipment. No penalty shall accrue for reasonable delay which may arise by reason of adjustment of insurance on the part of Landlord, or on account of labor problems, or any other cause beyond Landlord’s reasonable control. If the damage or destruction is such as to make the Demised Premises or any substantial part thereof untenantable (in Landlord’s judgment), and provided that such damage or destruction is not due in whole or part to the act or omission of Tenant or Tenant’s agents, employees or invitees, the Base Annual Rent shall xxxxx proportionately (based on proportion of the number of square feet rendered untenantable to the total number of square feet of the Demised Premises), from the date of the damage or destruction until the date the Demised Premises has been restored by Landlord.

Appears in 2 contracts

Samples: Lease Agreement (Maxcyte, Inc.), Lease Agreement (Maxcyte, Inc.)

AutoNDA by SimpleDocs

Damage to Demised Premises. If the Demised Premises shall be damaged by fire or other casualty, then, except as otherwise provided in subparagraphs (b), (c) and (cd) hereof, Landlord, at Landlord’s expense, shall promptly restore the Demised Premises, and Tenant, at Tenant’s sole expense, shall promptly restore all leasehold improvements installed in the Demised Premises by Tenant or at Tenant’s request and its own furniture, furnishings, trade fixtures and equipment. No penalty shall accrue for reasonable delay which may arise by reason of adjustment of insurance on the part of Landlord, or on account of labor problems, or any other cause beyond Landlord’s reasonable control. If the damage or destruction is such as to make the Demised Premises or any substantial part thereof untenantable (in Landlord’s reasonable judgment), and provided that such damage or destruction is not due in whole or part to the act gross negligence or omission willful misconduct of Tenant or Tenant’s agents, employees or invitees, the Base Annual Rent shall xxxxx proportionately (based on proportion of the number of square feet rendered untenantable to the total number of square feet of the Demised Premises), from the date of the damage or destruction until the date the Demised Premises has been restored by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Opgen Inc)

Damage to Demised Premises. If the Demised Premises shall be damaged by fire or other casualty, then, except as otherwise provided in subparagraphs (b), (c) and (cd) hereof, Landlord, at Landlord’s expense, shall promptly restore the Demised Premises, and Tenant, at Tenant’s sole expense, shall promptly restore all leasehold improvements installed in the Demised Premises by Tenant or at Tenant’s request and its own furniture, furnishings, trade fixtures and equipment. No penalty shall accrue for reasonable delay which may arise by reason of adjustment of insurance on the part of Landlord, or on account of labor problems, or any other cause beyond Landlord’s reasonable control. If the damage or destruction is such as to make the Demised Premises or any substantial part thereof untenantable (in Landlord’s judgment), and provided that such damage or destruction is not due in whole or part to the act gross negligence or omission willful misconduct of Tenant or any of Tenant’s agents, employees or inviteesRepresentatives, the Base Annual Rent shall xxxxx proportionately (based on the proportion of the number of square feet rendered untenantable to the total number of square feet of the Demised Premises), from the date of the damage or destruction until the date the Demised Premises has been restored by Landlord.

Appears in 1 contract

Samples: Deed of Lease (Cvent Inc)

AutoNDA by SimpleDocs

Damage to Demised Premises. If the Demised Premises shall be damaged by fire or other casualty, then, except as otherwise provided in subparagraphs (b), (c), (d) and (ce) hereof, Landlord, at Landlord’s 's expense, shall promptly restore the Demised Premises, and Tenant, at Tenant’s 's sole expense, shall promptly restore all leasehold improvements installed in the Demised Premises or in, on, or about the Building by Tenant or at Tenant’s 's request (including, without limitation, any improvements, Alterations or modifications to the Demised Premises and/or Building that are made by, or on behalf of, Tenant after the date of this Lease) and its own furniture, furnishings, trade fixtures and equipment. No penalty Landlord shall accrue not be liable for reasonable any delay which may arise by reason of adjustment of insurance on the part of Landlord, or on account of labor problems, or any other cause beyond Landlord’s 's reasonable control, or for any inconvenience, interruption or injury to the business of Tenant resulting from such damage, or in any delay in repairing such damage. If the damage or destruction is such as to make the Demised Premises or any substantial part thereof untenantable (in Landlord’s judgment)untenantable, and provided that such damage or destruction is not due in whole or part to the act or omission of Tenant or Tenant’s 's agents, employees or invitees, the Base Annual Rent and operating expenses shall xxxxx proportionately (based on proportion of the number of square feet rendered untenantable to the total number of square feet of the Demised Premises), from the date of the damage or destruction until the date the Demised Premises has been restored by Landlord.

Appears in 1 contract

Samples: Office Building Lease (Pe Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!