Common use of FIRE, CASUALTY AND EMINENT DOMAIN Clause in Contracts

FIRE, CASUALTY AND EMINENT DOMAIN. Should a substantial portion of the leased premises, or of the property of which they are a part, be substantially damaged by fire or other casualty, or be taken by eminent domain, the LESSOR may elect to terminate this lease. When such fire, casualty, or taking renders the leased premises substantially unsuitable for their intended use, a just and proportionate abatement of rent shall be made, and the LESSEE may elect to terminate this lease if: (a) The LESSOR fails to give written notice within thirty (30) days of intention to restore the leased premises or (b) The LESSOR fails to restore the leased premises to a condition substantially suitable for their intended use within ninety (90) days of said fire, casualty, or taking. The LESSOR reserves, and the LESSEE grants to the LESSOR, all rights which the LESSEE may have for damages or injury to the leased premises for any taking by eminent domain, except for damage to the LESSEE'S fixtures, property, or equipment.

FIRE, CASUALTY AND EMINENT DOMAIN. Should a substantial portion of the leased premisesLeased Premises, or of the property of which they are a part, be substantially damaged by fire or other casualty, or be taken by eminent domain, the LESSOR may elect to terminate this lease. When such fire, casualty, or taking renders the leased premises Leased Premises substantially unsuitable for their intended use, a just and proportionate abatement of rent shall be made, and the LESSEE LESSEE, may elect to terminate this lease if: (a) The the LESSOR fails to give written notice within thirty (30) days of intention to restore the leased premises Leased Premises, or (b) The the LESSOR fails to restore the leased premises Leased Premises to a condition substantially suitable for their intended use within ninety (90) days of said fire, casualty, casualty or taking. The LESSOR reserves, and the LESSEE grants to the LESSOR, all rights which the LESSEE may have for damages or injury to the leased premises Leased Premises for any taking by eminent domain, except for damage to the LESSEE'S fixtures, property, or equipment.

FIRE, CASUALTY AND EMINENT DOMAIN. Should a substantial portion of the leased premises, or of the property of which they are a part, be substantially damaged by fire or other casualty, or be taken by eminent domain, the LESSOR may elect to terminate this lease. When such fire, casualty, or taking renders the leased premises substantially unsuitable for their intended use, a just and proportionate abatement of rent shall be made, and the LESSEE may elect to terminate this lease if: (a) The LESSOR fails to give written notice within thirty (30) days of intention to restore the leased premises or (b) The LESSOR fails to restore the leased premises to a condition substantially suitable for their intended use within ninety (90) days of said fire, casualty, or taking. The LESSOR reserves, and the LESSEE grants to the LESSOR, all rights which the LESSEE may have for damages or injury to the leased premises for any taking by eminent domain, except for damage to the LESSEE'S ’S fixtures, property, or equipment.

FIRE, CASUALTY AND EMINENT DOMAIN. Should a substantial portion seventy percent (70%) of the leased premises, Leased Premises or sixty percent (60%) of the property of which they are a part, Property be substantially damaged by fire or other casualty, or be taken by eminent domain, the LESSOR Lessor may elect to terminate NOVIRIO LEASE AUGUST 21, 2001 this leaseLease by notice given within thirty (30) days of the event. When such fire, casualty, casualty or taking renders the leased premises Leased Premises substantially unsuitable for their intended use, a just and proportionate abatement of rent shall be made, and the LESSEE Lessee may elect to terminate this lease Lease if: (a) The LESSOR Lessor fails to give written notice within thirty (30) days of intention to restore the leased premises Leased Premises, or (b) The LESSOR Lessor fails to restore the leased premises Leased Premises to a condition substantially suitable for their intended use within ninety (90) days of said fire, casualty, casualty or taking. The LESSOR Lessor reserves, and the LESSEE Lessee grants to the LESSORLessor, all rights which the LESSEE Lessee may have for damages or injury injuries to the leased premises Leased Premises for any taking by eminent domain, except for damage to the LESSEE'S Lessee's fixtures, property, property or equipment.