Common use of End of Term Casualty Clause in Contracts

End of Term Casualty. Notwithstanding the provisions of ¶17.a. and ¶17.b. above, Landlord may terminate this Lease if the Premises is damaged by fire or other casualty (and Landlord’s reasonably estimated cost of restoration of the Premises exceeds twenty-five percent (25%) of the then replacement value of the Premises) and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a(P) 17.a. and ¶17.b(P) 17.b. above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and casualty, Landlord’s 's reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Premises) Building containing the Premise's and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a. and ¶17.b. above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and casualty, Landlord’s reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Premises) Building containing the Premises and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a. ¶17.1 and ¶17.b. ¶17.2 above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and casualty, Landlord’s reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Premises) Building containing the Premises and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent, reduced by any proportionate reduction in Rent as provided for in ¶17.1 above, shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.aP. 17.a. and ¶17.bP. 17.b. above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and Landlord’s 's reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Building containing the Premises) and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the tile occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a(P)17.a. and ¶17.b(P)17.b. above, Landlord may terminate this Lease if the Premises is damaged by fire or other casualty (and Landlord’s 's reasonably estimated cost of restoration of the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Premises) and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a¶ 17.a. and ¶17.b¶ 17.b. above, Landlord may terminate this Lease if the Premises is damaged by fire or other casualty (and Landlord’s reasonably estimated cost of restoration of the Premises exceeds twenty-five percent (25%) of the then replacement value of the Premises) and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.aP.17.a. and ¶17.bP.17.b. above, either Landlord or Tenant may terminate this Lease if the Buildings containing the Premises is are damaged by fire or other casualty (and 19 casualty, Landlord’s 's reasonably estimated cost of restoration of the Buildings containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Premises) Buildings containing the Premises and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a(P)17.a. and ¶17.b(P)17.b. above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and casualty, Landlord’s 's reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Premises) Building containing the Premises and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on or which such notice of termination is given. In , in the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.a(P)17.a. and ¶17.b(P)17.b. above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and Landlord’s 's reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Building containing the Premises) and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.

End of Term Casualty. Notwithstanding the provisions of ¶17.aParagraph 17.a. and ¶17.bParagraph 17.b. above, either Landlord or Tenant may terminate this Lease if the Building containing the Premises is damaged by fire or other casualty (and Landlord’s 's reasonably estimated cost of restoration of the Building containing the Premises exceeds twenty-five ten percent (2510%) of the then replacement value of the Building containing the Premises) and such damage or casualty occurs during the last twelve (12) months of the Term of this Lease (or the Term of any renewal option, if applicable) by giving the other notice thereof at any time within thirty (30) days following the occurrence of such damage or casualty. Such notice shall specify the date of such termination which date shall not be less than thirty (30) nor more than sixty (60) days following the date on which such notice of termination is given. In the event of the giving of such notice of termination, this Lease shall expire and all interest of Tenant in the Premises shall terminate on the date so specified in such notice and the Rent shall be paid to the date of such termination.