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

FIRE, CASUALTY AND EMINENT DOMAIN. Section 11.01. Should a substantial portion of the Demised Premises or the property of which they are a part be damaged by fire or other casualty, or be taken by eminent domain, the Lessor, at its sole option, may elect to terminate this Lease. When fire or other unavoidable casualty or taking renders the Demised Premises substantially unsuitable for its intended use, a just and proportionate abatement of rent shall be made, and the Lessee may elect to terminate this Lease if:

Appears in 3 contracts

Samples: Commercial Lease Agreement, Sublease (Radius Health, Inc.), Akamai Technologies Inc

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FIRE, CASUALTY AND EMINENT DOMAIN. Section 11.01. Should a substantial portion of the Demised Premises or the property of which they are a part Premises be damaged by fire or other casualty, or be taken by eminent domain, the Lessor, at its sole option, may elect to terminate this LeaseLease so long as Lessor terminates the leases of all other tenants of the Building similarly affected. When fire or other unavoidable casualty or taking renders the Demised Premises substantially unsuitable for its intended use, a just and proportionate abatement of rent shall be made, and the Lessee may elect to terminate this Lease if:

Appears in 1 contract

Samples: Fairmarket Inc

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FIRE, CASUALTY AND EMINENT DOMAIN. Section 11.01. Should a substantial portion of the Demised Premises or the property of which they are a part be damaged by fire or other casualty, or be taken by eminent domain, the Lessor, at its sole option, may elect to terminate this Lease. When fire or other unavoidable casualty or taking renders a substantial portion of the Demised Premises substantially unsuitable for its intended use, a just and proportionate abatement of rent shall be made, and the Lessee may elect to terminate this Lease if:

Appears in 1 contract

Samples: Lease (Systemsoft Corp)

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