Destruction or Damage of Premises. 13.1 If the Property or any improvements are damaged or destroyed, you must:
Destruction or Damage of Premises. In the event of a fire or casualty Tenant will immediately notify agent or landlord. Should the Premises suffer a casualty or should a condition arise, through forces or events outside the reasonable control of Landlord (such as, solely by way of example, fire, storm, wind, rain, water damage, extraordinary repairs, lightening, acts of terrorism, vandalism, crime, mayhem, riot, war, or sinkholes) either (I) rendering the Premises (or any portion thereof) in the reasonable opinion of the Landlord, unusable, uninhabitable, or otherwise dangerous or unfit for the continued safe habitation, or (II) requiring repair or replacement of the Premises (or any portion thereof), the cost of which is estimated to exceed $5,000, regardless of whether reimbursable through insurance, the Landlord or Tenant may at its option, terminate this Agreement on no less than Thirty (30) days notice. Alternatively, Tenants may vacate the portion of the Premise rendered unusable, in which case Tenants’ liability for rent shall be reduced by the fair rental value of the portion of the Premise that is unusable. Notwithstanding the immediately foregoing, nothing contained in this Section or any act taken by the Landlord pursuant to this Section shall be interpreted or construed to relieve any Tenant from any liability (including any rent due and owing hereunder) occasioned by the breach by such Tenant or any other Tenant, of any duty, obligation or performance required of any Tenant under this Lease, or the acts or omissions (including without limitation, negligence or intentional malfeasance) of any Tenant or any other Authorized Person causing or contributing to any casualty or condition sustained by the Premises. If whole or and part of the leased premises shall be taken by any condemnation proceeding, this lease agreement shall terminate at the time the condemning authority takes possession of the part so taken. All damages awarded for such taking shall belong to the Landlord.
Destruction or Damage of Premises. In the event of a fire or casualty Tenant will immediately notify agent or landlord. Should the Premises suffer a casualty or should a condition arise, through forces or events outside the reasonable control of Landlord (such as, solely by way of example, fire, storm, wind, rain, water damage, extraordinary repairs, lightening, acts of terrorism, vandalism, crime, mayhem, riot, war, or sinkholes) either (I) rendering the Premises (or any portion thereof) in the reasonable opinion of the Landlord, unusable, uninhabitable, or otherwise dangerous or unfit for the continued safe habitation, or
Destruction or Damage of Premises. If the Premises are totally destroyed by storm, fire, lightning, or other casualty, then at the option of the Lessee, this Agreement shall terminate as of the date of such destruction, and payment of Lease payments shall be accounted for as between Lessor and Lessee as of that date. Such option to terminate this Agreement shall be exercised by the delivery of written notice by Lessee or Lessor within thirty (30) days of the date of such destruction.
Destruction or Damage of Premises. In the event the premises are destroyed or damaged by fire, earthquake, or any other Act of God, then this Lease shall terminate without liability, by either Lessor or Lessee. Lessor shall, however, promptly make all other repairs to the structure and its various systems, so as to maintain the habitability of the premises. Failure to do so, is a material breach of this Lease entitling Lessee to terminate the lease immediately upon written notice with no liability for rent beyond the date of occurrence rendering the premises reasonably uninhabitable or fit for their purpose as an executive suite.
Destruction or Damage of Premises. Provided always and it is hereby agreed that, if during the currency of this Lease:
Destruction or Damage of Premises. (a) If, any time during the term hereof, the Improvements or any part thereof, shall be damaged or destroyed by fire or other casualty (including any casualty for which insurance coverage was not obtained or obtainable) of any kind or nature, ordinary or extraordinary, foreseen or unforeseen, Lessee, at Lessee's sole cost and expense, and whether or not the insurance proceeds hereinafter referred to, if any, shall be sufficient for the purpose, shall proceed with reasonable diligence (subject to unavoidable delays and a reasonable time for the purpose of adjusting such loss) to repair, alter, restore, replace or rebuild the same as nearly as possible to its value, condition and character immediately prior to such damage or destruction, subject to such changes or alterations as Lessee may elect to make, if such changes or alterations be approved by Lessor, such approval not to be unreasonably withheld. Such repairs, alterations, restoration, replacement or rebuilding, including such changes and alterations as aforementioned and including temporary repairs or the protection of other property pending the completion of any thereof, are sometimes referred to in this Paragraph as the "Work".
Destruction or Damage of Premises. If the Demised Premises shall be destroyed or damaged by the elements, fire or earthquake, to such an extent as to render them untenantable in whole or in part, it shall be optional with Landlord to rebuild or repair the same, and after the happening of any such damage or destruction, the Tenant shall have the right to terminate this Lease by written notice served upon the Landlord. Landlord shall notify Tenant of Tenant's decision to rebuild or repair within thirty (30) days from the date of the event causing such damage or destruction. If Landlord elects to rebuild or repair said Demised Premises, Tenant shall have the right to continue said Lease and Landlord shall prosecute the work without unnecessary delay. During such period, the rent for said Demised Premises shall be abated in the same ratio that the portion of the Demised Premises rendered for the time unfit for Tenant's use shall be to the whole of said Demises Premises.
Destruction or Damage of Premises. If the Premises or any part of the Premises are destroyed or damaged to the extent that the Tenant cannot use or access the Premises then, to the extent that in VicTrack's reasonable opinion it is impracticable or undesirable to repair and reinstate the Premises, VicTrack may determine this Lease by giving not less than 30 days written notice to the Tenant. VicTrack shall not be liable to pay the Tenant any compensation if the Premises or any part of the Premises are destroyed or damaged, or if this Lease is ended pursuant to this clause.
Destruction or Damage of Premises. 14.1 If the Property or any improvements are damaged or destroyed, you must:
