Common use of Destruction of the Premises Clause in Contracts

Destruction of the Premises. If the Premises should be rendered untenantable for the purpose for which they were leased, by fire or other casualty, but the Building is not substantially destroyed as provided above, then the parties hereto shall have the following options:

Appears in 2 contracts

Samples: Town Center Office Lease (Eltrax Systems Inc), Tenant Improvements Construction Agreement (Mpath Interactive Inc/Ca)

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Destruction of the Premises. If the Premises should be rendered untenantable for the purpose for which they were leasedare damaged, in whole or in part, by fire or other casualty, but the Building is not substantially destroyed as provided above, then the parties hereto shall have the following options:

Appears in 2 contracts

Samples: Office Space Lease (New Century Financial Corp), Micropoint Inc

Destruction of the Premises. If the Premises should be rendered --------------------------- untenantable for the purpose for which they were leased, by fire or other casualty, but the Building is not substantially destroyed as provided above, then the parties hereto shall have the following options:

Appears in 1 contract

Samples: Tenant Improvements Construction Agreement (Silicon Gaming Inc)

Destruction of the Premises. If the Premises should be rendered untenantable for the purpose for which they were leasedare damaged, in whole or in part, by fire or other casualty, but the Building is not substantially destroyed as provided in 12(A) above, then the parties hereto shall have the following options:

Appears in 1 contract

Samples: Lease Agreement (Graham Corp)

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Destruction of the Premises. If the Premises should be rendered untenantable for the purpose for which they were leasedare damaged, in whole or in part, by fire or other casualty, but the Building is not substantially destroyed as provided above, or if a portion of the Building is destroyed, but the Building is not substantially destroyed as provided above, such that the Premises are inaccessible or otherwise the Premises cannot be used for the conduct of business, then the parties hereto shall have the following options:

Appears in 1 contract

Samples: Office Space Lease (Mdsi Mobile Data Solutions Inc /Can/)

Destruction of the Premises. If the Premises should be rendered untenantable for the purpose for which they were leasedare damaged, in whole or in part, by fire or other casualty, but the Building is not substantially destroyed or materially damaged as provided above, then the parties hereto shall have the following options:

Appears in 1 contract

Samples: Lease (Alliance Data Systems Corp)

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