Common use of Demolition of Landlord's Building Clause in Contracts

Demolition of Landlord's Building. If the Shopping Center is so substantially damaged that it is reasonably necessary, in Landlord's judgment, to demolish a portion of the said Shopping Center, including the Premises, for the purpose of reconstruction, Landlord may demolish the Premises, in which event Tenant's Fixed Minimum Rent and Additional Charges shall be abated until the earlier to occur of sixty (60) days after Landlord's restoration work has been substantially completed or the date the Premises so restored has reopened for business.

Appears in 2 contracts

Samples: Indemnity and Insurance (Ciao Cucina Corp), Movado Group Inc

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Demolition of Landlord's Building. If the Shopping Center is so substantially damaged that it is reasonably necessary, in Landlord's ’s reasonable judgment, to demolish a portion of the said Shopping Center, including the Premises, for the purpose of reconstruction, Landlord may demolish the Premises, in which event Tenant's ’s Fixed Minimum Rent and Additional Charges shall be abated from the date of the casualty until the earlier to occur of sixty ninety (6090) days after Landlord's Xxxxxxxx’s restoration work has been substantially completed or the date the Premises so restored has reopened for business.

Appears in 1 contract

Samples: Lease (Impossible Kicks Holding Company, Inc.)

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Demolition of Landlord's Building. If the Shopping Center is so substantially damaged that it is reasonably necessary, in Landlord's judgment, to demolish a portion of the said Shopping Center, including the Premises, for the purpose of reconstruction, Landlord may demolish the Premises, in which event Tenant's Fixed Minimum Rent and Additional Charges shall be abated until the earlier to occur of sixty one hundred ten (60110) days after Landlord's restoration work has been substantially completed or the date the Premises so restored has reopened for business.

Appears in 1 contract

Samples: Play Co Toys & Entertainment Corp

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