Fire and Casualty. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises unsuitable for the use for which the same are leased, rent will be abated until Landlord shall have restored the same to substantially their former condition. Provided, however, that if Landlord elects not to repair such damage, or if such repairs shall not have been completed within 90 days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Appears in 2 contracts
Samples: Commercial Lease (Carrollton Bancorp), Commercial Lease (Carrollton Bancorp)
Fire and Casualty. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises unsuitable for the use for which the same are leaseduntenantable, rent will be abated until Landlord shall have restored the same to substantially their former condition. Provided, however, that if Landlord elects not to repair such damage, or if such repairs shall not have been completed within 90 60 days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Appears in 2 contracts
Samples: Lease Agreement, Residential Lease
Fire and Casualty. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises unsuitable for the use for which the same are leaseduntenantable, rent will be abated until Landlord the Lessor shall have restored the same to substantially their former condition. Provided, however, that if Landlord Lessor elects not to repair such damage, or if such repairs shall not have been completed within 90 60 days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Fire and Casualty. a. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises unsuitable for the use for which the same are leaseduntenantable, rent will be abated until Landlord shall have restored the same to substantially their its former condition. Provided, provided, however, that if Landlord elects not to repair such damage, or if such repairs shall not have been completed within 90 sixty (60) days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Appears in 1 contract
Samples: Residential Lease
Fire and Casualty. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises unsuitable for the use for which the same are leaseduntenantable, rent will be abated until Landlord shall have restored the same to substantially their its former condition. Provided, however, that if Landlord elects not to repair such damage, or if such repairs shall not have been completed within 90 60 days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Appears in 1 contract
Samples: Residential Lease Agreement
Fire and Casualty. This Lease will terminate upon a total destruction of the Premises or building containing the Premises due to fire or other casualty casually and rent will be apportioned as of such date. In the event the Premises or the building containing the Premises are damaged by fire or other casualty so as to render the Premises unsuitable for the use for which the same are leased, rent will be abated until Landlord shall have restored the same to substantially their former condition. Provided, however, that if Landlord elects not to repair such damage, or if such repairs shall not have been completed within 90 days, either party may terminate this Lease and rent will be apportioned as of the date of termination.
Appears in 1 contract