Common use of Fire and Casualty Clause in Contracts

Fire and Casualty. In case the Premises shall be rendered untenantable during the term of this Lease by fire or other casualty, Lessor at its option may terminate the Lease or repair the Premises within sixty (60) days thereafter. If Lessor elects to repair, this Lease shall remain in effect provided such repairs are completed within said time. If Lessor shall not have repaired the Premises within said time, then at the end of such time the term hereby created shall terminate. If this Lease is terminated by reason of fire or casualty as herein specified, rent shall be apportioned and paid to the day of such fire or casualty.

Appears in 2 contracts

Samples: Lease (Childrens Beverage Group Inc), Lease (Childrens Beverage Group Inc)

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Fire and Casualty. In case the Premises shall be rendered untenantable during the term of this Lease lease by fire or other casualty, Lessor at its his option may terminate the Lease lease or repair the Premises within sixty (60) 60 days thereafter. If Lessor elects to repair, this Lease lease shall remain remove in effect provided such repairs are completed within said time. If Lessor shall not have repaired the Premises within said time, then at the end of such time the term hereby created shall terminate. If this Lease lease is terminated by reason of fire or casualty as herein specified, rent shall be apportioned and paid to the day of such fire or casualty.

Appears in 1 contract

Samples: Industrial Building Lease (Ivex Packaging Corp /De/)

Fire and Casualty. In case the Premises shall be rendered untenantable during the term of this Lease lease by fire or other casualty, . Lessor at its his option may terminate the Lease lease or repair the Premises within sixty (60) 60 days thereafter. If Lessor elects to repair, this Lease lease shall remain in effect provided such repairs are completed within said time. If Lessor shall not have repaired the Premises within said time, then at the end of such time the term hereby created shall terminate. If this Lease lease is terminated by reason of fire fir e or casualty as herein specified, rent shall be apportioned and paid to the day of such fire or other casualty.

Appears in 1 contract

Samples: Unit Lease

Fire and Casualty. In case the Premises shall be rendered untenantable during the term of this Lease lease by fire or other casualty, . Lessor at its his option may terminate the Lease lease or repair the Premises within sixty (60) 60 days thereafter. If Lessor elects to repair, this Lease lease shall remain in effect provided such repairs are completed within said time. If Lessor shall not have repaired the Premises within said time, then at the end of such time the term hereby created shall terminate. If this Lease lease is terminated by reason of fire or casualty as herein specified, rent shall be apportioned and paid to the day of such fire or other casualty.

Appears in 1 contract

Samples: Lease Agreement

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Fire and Casualty. In case the Premises shall be rendered untenantable during the term of this Lease lease by fire or other casualty, Lessor at its his option may terminate the Lease lease or repair the Premises within sixty (60) 60 days thereafter. If Lessor elects to repair, this Lease lease shall remain in effect provided such repairs are completed within said time. If Lessor shall not have repaired the Premises within said time, then at the end of such time the term hereby created shall terminate. If this Lease lease is terminated by reason of fire or casualty as herein specified, rent shall be apportioned and paid to the day of such fire or casualty.

Appears in 1 contract

Samples: Industrial Building Lease (Speizman Industries Inc)

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