Damage to Project Sample Clauses
Damage to Project. Providing consultation concerning replacement of work damaged by fire or other cause during construction and furnishing services required in connection with replacement of such work.
Damage to Project. If twenty five percent (25%) or more of the Rentable Area of the Project is Damaged, whether or not there is any Damage to the Premises, Landlord may, at its option, elect, by Notice given to Tenant within sixty (60) days after such occurrence, to terminate this Lease as of a date specified in such Notice, which date shall be not less than ninety (90) days and not more than one hundred eighty (180) days after the giving of such Notice, in which event Tenant will vacate and surrender possession of the Premises by not later than the said date of termination, and Basic Rent and all other payments for which Tenant is liable pursuant to this Lease shall be apportioned to the effective date of termination, subject to the provision for abatement set forth in subsection 12.2(d) above. If Landlord does not so elect to terminate this Lease, Landlord shall diligently proceed to complete Landlord's Reconstruction Work to the Project, if any, to the extent of its obligations pursuant hereto.
Damage to Project. Subject to the provisions of Section 6.14, at Tenant's own cost and expense, and by use of a contractor or contractors approved in writing by Landlord, Tenant shall repair or replace in accordance with all Legal Requirements any damage or injury done to the Leased Premises, the Project or the Complex, or any portion thereof, caused by Tenant or Tenant's agents, employees, invitees or visitors, which repairs or replacements must be made to the same or as good a condition as existed prior to such injury or damage; provided, however, Landlord, at its option, may make such repairs or replacements, and Tenant shall repay Landlord on demand the actual cost thereof (plus a charge equal to ten percent (10%) of such costs for administrative cost recovery).
Damage to Project. In the event that the Facility is destroyed or substantially damaged by fire, ice, snow, lightning, wind, explosion, aircraft or other vehicular damage, collapse, or other casualty, Seller shall repair or reconstruct the Facility as soon as reasonably possible. If Seller fails to do so within eight (8) months from the date of such damage or destruction, then Buyer may terminate this Agreement by giving thirty (30) days’ written notice to Seller, and Seller shall pay a Termination Payment to Buyer, in accordance with Sections 11.3 or 11.4, as applicable, of Article XI (as well as in accordance with those other provisions of Article XI relevant to the calculation and payment of such Termination Payment). Neither Party shall have any further obligation to the other Party under this Agreement except such obligations which have already accrued at termination, and those obligations surviving the termination or expiration of this Agreement as described in Section 15.19.
Damage to Project. Subject to Article XI, Force Majeure, in the event that the Facility is destroyed or substantially damaged by fire, ice, snow, lightning, wind, explosion, aircraft or other vehicular damage, collapse, or other casualty, Seller shall repair or reconstruct the Facility as soon as reasonably possible. If Seller fails to do so, then Buyer may terminate this Agreement by giving thirty (30) days' written notice to Seller.
Damage to Project. If the Project shall at any time be wholly or partially destroyed or damaged or in need of structural repairs, or otherwise rendered unfit for use (whether or not the Leased Premises have been affected) to the extent that twenty-five percent or more of the gross floor area of the buildings or structures in the Project has become unfit for use, then the Landlord may elect within sixty days from the date of such damage or from the date the premises become unfit for use (notice of which election shall be promptly given to the Tenant) as follows:
a) to terminate this Lease on thirty days notice to the Tenant, in which event Rent shall remain payable until the date of termination (unless it has abated under section 15.01);
b) to close the Project or any portion thereof during the performance of repairs, in which event, if the Leased Premises are within the portion of the Project so closed, the Leased Premises shall be closed from the day specified in such notice, all Rent shall xxxxx from such day, and the Landlord shall (unless it elects to terminate this Lease under Section 15.01(c), if applicable) proceed diligently to effect the necessary repairs and to reopen the portions of the Project so closed. The Landlord shall (subject to section 15.01(c), if applicable) notify the Tenant of the day on which it may recommence business o the Leased Premises and Rent shall recommence on such date.
Damage to Project. If twenty-five (25%) percent or more of the Rentable Area of Leasable Areas of the Project is damaged or destroyed by any cause whatsoever, whether or not there is any damage to the Premises, Landlord may, at its option, by notice given to Tenant within sixty (60) days after such occurrence, terminate this Lease as of a date specified in such notice, which date shall be not less than thirty (30) days and not more than one hundred eighty (180) days after the giving of such notice. In the event of such termination Tenant shall surrender vacant possession of the Premises by not later than the said date of termination, and Basic Rent and all other payments for which Tenant is liable hereunder shall be apportioned to the effective date of termination. If Landlord does not so elect to terminate this Lease, Landlord shall diligently proceed to repair and rebuild the Project to the extent of its obligations pursuant hereto to the extent of insurance proceeds which Landlord receives or would have received had it maintained such insurance as required hereunder, and to the extent that any mortgagee entitled to be paid such insurance proceeds consents to the use of same for such purpose.
Damage to Project. If the Project or any part thereof becomes damaged through the negligence, carelessness or misuse of the Tenant, its employees, agents, or invitees, the Tenant shall be responsible for rectifying such damage, which rectification shall be performed by the Landlord at the cost and expense of the Tenant.
Damage to Project. Subject to the provisions of Section 5.14, at Tenant's own cost and expense, to repair or replace any damage or injury, done to the Project caused by Tenant or Tenant's agents, contractors, employees, invitees or visitors; provided, however, Landlord may, at its option, make such repairs or replacements, and Tenant shall repay Landlord's actual cost thereof to Landlord on demand; provided, however, if such repair or replacement does not affect the structure of the Project, the Common Areas or General Common Areas, or the HVAC, mechanical, electrical, life-safety or plumbing systems of the Project, Landlord shall not make such repairs or replacements unless Tenant has failed to make such repairs or replacements within twenty (20) days after receipt of written notice from Landlord of the need for such repairs or replacements.
Damage to Project. If the Land, Improvements, the Equipment or any of them, suffer damage or destruction, Lenders may, without liability, refuse to make any further Term Loan Advances until satisfactory arrangements for restoration or replacement of the Land and Improvements have been made.