Common use of DESTRUCTION OR DAMAGE BY FIRE OR OTHER CASUALTY Clause in Contracts

DESTRUCTION OR DAMAGE BY FIRE OR OTHER CASUALTY. 18.1 In the event of a fire or other casualty in the Leased Premises, Tenant shall immediately give notice thereof to Landlord. If the Leased Premises shall be partially destroyed by fire or other casualty so as to render the Leased Premises untenable in whole or in part, the rental provided for herein shall abate as to the portion of the Leased Premises rendered untenablx xxxil such time as the Leased Premises are made tenantable as determined by Landlord and Landlord agrees to commence and complete such repair work promptly and with reasonable diligence, or in the event of total or substantial damage or destruction of the building or common areas where Landlord decides not to rebuild, then all rent owed up to the date of such damage or destruction shall be paid by Tenant and this Lease shall terminate upon notice thereof to Tenant. Landlord shall give Tenant written notice of its decisions, estimates or elections under this ARTICLE XVIII within sixty (60) days after any such damage or destruction. If the estimated repair period is greater than one hundred twenty (120) days then Tenant shall also have the right to elect to terminate this Lease.

DESTRUCTION OR DAMAGE BY FIRE OR OTHER CASUALTY. 18.1 16.1. (a) In the event of a fire or other casualty in the Leased Premises, Tenant shall immediately give notice thereof to Landlord. If the Leased Premises shall be partially destroyed by fire fire, eminent domain, or other casualty so as to render the Leased Premises untenable untenantable in whole or in part, the rental provided for herein shall abate as to the portion of the Leased Premises rendered untenablx xxxil untenantable xxxxl such time times as the Leased Premises are made tenantable as determined by Landlord Landlord, and Landlord agrees to commence and complete such repair work promptly and with reasonable diligence, or in . In the event of total or substantial damage or destruction of the building or common areas where Landlord decides not to rebuild, then all rent owed up to the date of such damage or destruction shall be paid by Tenant and this Lease shall terminate upon notice thereof to Tenant. Landlord shall give Tenant written notice of its decisions, estimates or elections under this ARTICLE XVIII Article within sixty (60) days after any such damage or destructiondestruction is reported.* Substantial damage or destruction shall be deemed to exist if the cost of restoration exceeds thirty-five (35%) percent of the replacement value. If The foregoing shall not apply to any casualty damage caused in whole or in part by the estimated repair period is greater than one hundred twenty (120) days then Tenant shall also have the right to elect to terminate this Leasenegligence of Tenant, its agents, employees or invitees.

DESTRUCTION OR DAMAGE BY FIRE OR OTHER CASUALTY. 18.1 In the event of a fire or other casualty in the Leased Premises, Tenant shall immediately give notice thereof to Landlord. If the Leased Premises shall be partially destroyed by fire or other casualty so as to render the Leased Premises untenable in whole or in part, the rental provided for herein shall abate xxxxx as to the portion of the Leased Premises rendered untenablx xxxil untenable until such time as the Leased Premises are made tenantable as determined by Landlord and Landlord agrees to commence and complete such repair work promptly and with reasonable diligence, or in the event of total or substantial damage or destruction of the building or common areas where Landlord decides not to rebuild, then all rent owed up to the date of such damage or destruction shall be paid by Tenant and this Lease shall terminate upon notice thereof to Tenant. Landlord shall give Tenant written notice of its decisions, estimates or elections under this ARTICLE XVIII within sixty one hundred twenty (60120) days after any such damage or destruction. If the estimated repair period is greater than one hundred twenty (120) days then Tenant shall also have the right to elect to terminate this Lease.

DESTRUCTION OR DAMAGE BY FIRE OR OTHER CASUALTY. 18.1 17.1 In the event of a fire or other casualty in the Leased Premises, Tenant TENANT shall immediately give notice thereof to LandlordLANDLORD. If the Leased Premises shall be partially destroyed by fire or other casualty so as to render the Leased Premises untenable untenantable in whole or in part, the rental Rent provided for herein shall abate xxxxx as to the portion of the Leased Premises rendered untenablx xxxil untenantable until such time as the Leased Premises rendered untenantable are made tenantable as reasonably determined by Landlord LANDLORD, and Landlord LANDLORD agrees to commence and complete such repair work promptly and with reasonable diligence, or in the event of total or substantial damage or destruction of the building Building (whether or common areas not affecting the Leased Premises) where Landlord LANDLORD decides not to rebuild, then all rent owed Rent and other amounts owing hereunder up to the date of such damage or destruction shall be paid by Tenant TENANT and this Lease shall terminate upon notice thereof to TenantTENANT. Landlord LANDLORD shall give Tenant TENANT written notice of its decisions, estimates estimate or elections under this ARTICLE XVIII XVII within sixty (60) 120 days after any such damage or destruction. If , provided LANDLORD shall be entitled to extend such period for an additional 30 days if LANDLORD is still in the estimated repair period is greater than one hundred twenty (120) days then Tenant shall also have the right to elect to terminate this Leaseprocess of adjusting loss with insurers and similar matters.