Common use of End of Term Casualty Clause in Contracts

End of Term Casualty. Anything herein to the contrary notwithstanding, if more than forty percent (40%) of the Premises is destroyed or damaged during the last eighteen (18) months of the Lease Term, then either Landlord or Tenant shall have the right to terminate this Lease (in whole if the damage extends to all or substantially all of the Building or otherwise as to the affected portion of the Premises within the Building) upon thirty (30) days prior written notice to the other, which termination shall be effective on the thirtieth (30th) day after the other party’s receipt of such notice. Such notice must be delivered within thirty (30) days after the date of such casualty, or shall be deemed waived; provided, however, that Tenant may revoke such termination notice, and require Landlord to restore the Premises (subject to the provisions of Section 14.1, above), by exercising any renewal option provided herein, if any, within ten (10) days after the receipt of a notice of termination from Landlord under this Section 14.5.

End of Term Casualty. Anything herein to the contrary notwithstanding, if more than forty percent thirty (4030%) of the Premises (or any Building) is destroyed or damaged during the last eighteen (18) months of the Lease Term, then either Landlord or Tenant shall have the right to terminate this Lease (in whole if the damage extends to all or substantially all of the Building Buildings or otherwise as to the affected portion of the Premises within the BuildingBuilding or Buildings) upon thirty (30) days prior written notice to the other, which termination shall be effective on the thirtieth (30th) day after the other party’s 's receipt of such notice. Such notice must be delivered within thirty (30) days after the date of such casualty, or shall be deemed waived; provided, however, that Tenant may revoke such termination notice, and require Landlord to restore the Premises (subject to the provisions of Section 14.1, above)Premises, by exercising any renewal option provided herein, if any, within ten (10) days after the receipt of a notice of termination from Landlord under this Section 14.5.

End of Term Casualty. Anything herein to the contrary notwithstanding, if more than forty percent thirty (4030%) of the Premises is destroyed or damaged during the last eighteen (18) months of the Lease Term, then either Landlord or Tenant shall have the right to terminate this Lease (in whole if the damage extends to all or substantially all of the Building Premises or otherwise as to the affected portion of the Premises within the Building) upon thirty (30) days prior written notice to the other, which termination shall be effective on the thirtieth (30th) day after the other party’s 's receipt of such notice. Such notice must be delivered within thirty (30) days after the date of such casualty, or shall be deemed waived; provided, however, that Tenant may revoke such termination notice, and require Landlord to restore the Premises (subject to the provisions of Section 14.1, above)Premises, by exercising any renewal option provided herein, if any, within ten (10) days after the receipt of a notice of termination from Landlord under this Section 14.5.

End of Term Casualty. Anything herein to the contrary notwithstanding, if more than forty percent thirty (4030%) of the Premises is destroyed or damaged during the last eighteen (18) months of the Lease Term, then either Landlord or Tenant shall have the right to terminate this Lease (in whole if the damage extends to all or substantially all of the Building Premises or otherwise as to the affected portion of the Premises within the Building) upon thirty (30) days prior written notice to the other, which termination shall be effective on the thirtieth (30th) day after the other party’s receipt of such notice. Such notice must be delivered within thirty (30) days after the date of such casualty, or shall be deemed waived; provided, however, that Tenant may revoke such termination notice, and require Landlord to restore the Premises (subject to the provisions of Section 14.1, above)Premises, by exercising any renewal option provided herein, if any, within ten (10) days after the receipt of a notice of termination from Landlord under this Section 14.5.