Damage to the Building. If during the Term the Building is partially destroyed by any casualty and if in the opinion of Landlord the Building should be restored in such a way as to materially alter the Premises, then Landlord may, at Landlord's election, terminate this Lease by giving notice to Tenant of Landlord's election to do so within sixty (60) days after the date of such destruction.
Damage to the Building. It is understood and agreed that, notwithstanding the other provisions of this Lease, should the Building at any time be partially or wholly destroyed or damaged by any cause whatsoever, or should demolition of the Building, or any part thereof, be necessitated thereby:
Damage to the Building. In case of any material damage to or destruction of the Building or any part thereof, Landlord shall promptly and with all diligence commence and complete Restoration. Xxxxxxxx agrees to in good faith consult with Tenant during any replacement or restoration of the Land or Buildings to address then current and future needs of the Tenant, and to incorporate any reasonable recommendations made by the Tenant as long as those changes do not result in any additional costs to the Landlord. Unless Tenant otherwise consents in writing, the replacement improvements to be constructed shall have a usable area which is not less than the usable area of the Building and shall be of a quality not less than the quality of the Building as the same existed immediately prior to such damage or destruction.
Damage to the Building. If during the Term there shall be any material damage to the building or the Licensed Premises by fire or other casualty and if such damage shall materially interfere with the Licensee’s use of the Licensed Premises as contemplated by this Agreement, and if the Licensor shall promptly restore the building or the Licensed Premises, as the case may be, to the extent reasonably necessary to enable the Licensee’s use of the Licensed Premises within thirty (30) after the occurrence of such damage, then Licensee shall have the right to terminate this Agreement. In the event Licensor is unable or unwilling to restore or repair the building or Licensed Premises within such 30-day period, both Licensee and Licensor shall have the right to terminate this Agreement upon ten (10) days’ written notice to the other without liability, cost or expense of either party to the other, other than obligations accrued through the date of such termination; provided, that the Licensor shall refund to Licensee an amount equal to the Monthly Fee times the number of full months in the terminated portion the Term.
Damage to the Building. (a) Notwithstanding Section 11.02, if:
Damage to the Building. If the Building is damaged by fire or other cause to such extent that the cost or restoration, as reasonably estimated by Lessor, will equal or exceed twenty-five (25%) percent of the replacement value of the Building (exclusive of foundations) just prior to the occurrence of the damage, then, Lessor may, no later than the sixtieth (60th) day following the damage, give Lessee a notice of election to terminate this Lease, or, if the Premises shall not be reasonably usable for the purpose for which they are leased hereunder for a period in excess of 90 days, then Lessee may, no later than the sixtieth (60th) day following the damage, give Lessor a notice of election to terminate this Lease. In either said event of election, this Lease shall be deemed to terminate on the thirtieth (30th) day after the giving of said notice, and lessee shall surrender possession of the Premises within a reasonable time thereafter, and the basic rent, and any additional rent paid for any period beyond said date shall be repaid to Lessee. If the cost of restoration as estimated by Lessor shall amount to less than twenty-five (25%) percent of replacement value of the Building, or if, despite the cost, Lessor does not elect to terminate this Lease, Lessor shall restore the building and the Premises with reasonable promptness, subject to delays beyond Lessor's control, and delays in the making of insurance adjustments between Lessor and his insurance carrier, and Lessee shall have no right to terminate this Lease. Lessor need not restore fixtures and improvements owned by Lessee. Tenant waives the provisions of Section 227 of the Real Property Law and agrees that the provisions of this Paragraph shall govern and control in lieu thereof.
Damage to the Building. (a) Despite anything else to the contrary in this Lease, if more than thirty-five percent (35%) of the Total Rentable Area of the Building is Damaged, whether or not the Premises are Damaged, the Landlord may, by written notice to the Tenant within ninety (90) days after the Damage, terminate this Lease, effective thirty (30) days after the notice, and all Rent will axxxx as of the effective date of the termination. The Tenant will have no Claims against the Landlord as a result of or arising from any such early termination of this Lease.
Damage to the Building. Notwithstanding anything to the contrary herein contained, in the event of a total or partial destruction of the Building by any cause whatsoever, whether or not insured against and whether or not the Premises are partially or totally destroyed, Landlord may, within a period of one hundred eighty (180) days after the occurrence of such destruction, notify Tenant in writing that it elects not to reconstruct or restore the Building and thus elects to terminate this Lease as of the date specified in such notice.
Damage to the Building. If the Building, including the Leased Premises, elevators, boilers, engines, pipes and other apparatus (or any of them) used for the purpose of heating, air conditioning or ventilating the Building or operating the elevators, or if the water pipes, drainage pipes, electric lighting, windows, or other equipment of the Building get out of repair or become damaged or destroyed through the negligence, carelessness or misuse by the Tenant, its servants or employees, or through it or them in any way stopping up or injuring the heating apparatus, elevators, water pipes, drainage. pipes or other equipment, or any part of the Building, the expense of the necessary repairs, replacements or alteration shall be borne by the Tenant who shall pay the same to the Landlord forthwith on demand, unless such damage is covered by the Landlord's insurance.
Damage to the Building. Notwithstanding anything to the contrary ---------------------- contained in Sections 18.1 and 18.2, in the event of a total destruction of the ---------------------- Building or a partial destruction of the Building, the cost of restoration of which would exceed thirty five percent (35%) of the then replacement value of the Building, by any cause whatsoever, whether or not covered by Landlord's insurance, Landlord may, within a period of sixty (60) Days after the occurrence of such destruction, notify Tenant in writing that it elects not to so reconstruct or restore the Building, in which event this Lease shall cease and terminate as of the date of such destruction, provided Landlord terminates the leases of other affected tenants.
