Common use of Destruction Near End of Term Clause in Contracts

Destruction Near End of Term. Notwithstanding the foregoing, if the Premises or the Project are wholly or partially damaged or destroyed within the final twelve (12) months of the Term, Landlord may, at its option, elect to terminate this Lease upon written notice given to Tenant within thirty (30) days following such damage or destruction.

Appears in 2 contracts

Samples: Standard Industrial Lease Agreement, Standard Industrial Lease Agreement (Intest Corp)

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Destruction Near End of Term. Notwithstanding the foregoingforgoing, if the Premises Premises, the Building or the Project are wholly or partially damaged or destroyed within the final twelve (12) months of the Term, Landlord may, at its option, elect to terminate this Lease upon written notice given to Tenant within thirty (30) days following such damage or destruction.

Appears in 1 contract

Samples: Lease (MRV Communications Inc)

Destruction Near End of Term. Notwithstanding the foregoing, if the Premises or the Project are wholly or partially damaged or destroyed within the final twelve six (126) months of the Term, Landlord may, at its option, elect to terminate this Lease upon written notice given to Tenant within thirty (30) days following such damage or destruction.

Appears in 1 contract

Samples: Standard Industrial Lease Agreement (Jill Kelly Productions Holding, Inc.)

Destruction Near End of Term. Notwithstanding the foregoing, if the Premises or the Project are wholly or partially damaged or destroyed within the final twelve (12) months of the Lease Term, Landlord mayand Tenant may each, at its option, elect to terminate this Lease upon written notice given to Tenant the other within thirty (30) days following such damage or destruction.

Appears in 1 contract

Samples: Industrial Lease Agreement (Childrens Place Retail Stores Inc)

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Destruction Near End of Term. Notwithstanding the foregoing, if the Premises Building or the Project are wholly or partially damaged or destroyed within the final twelve (12) months of the Term, Landlord may, at its option, elect to terminate this Lease upon written notice given to Tenant within thirty (30) days following such damage or destruction.

Appears in 1 contract

Samples: Industrial Lease (Oakley Inc)

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