Common use of FIRE OR CASUALTY DAMAGE Clause in Contracts

FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Leased Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 7.2, this Lease shall not be terminated, but the Building, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant's Property or Alterations performed by Tenant. Tenant shall, at its expense, repair, restore and replace Tenant's Property and all Alterations performed by Tenant. Tenant's restoration, replacement and repair work shall comply with Section 5.3 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 6.2. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect.

Appears in 1 contract

Samples: Deed of Lease

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FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Leased Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 7.29.2, this Lease shall not be terminated, but the BuildingProject, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant's Property or Alterations performed by Tenant. Tenant shall, at its expense, repair, restore and replace Tenant's Property and all Alterations performed by Tenant. Tenant's restoration, replacement and repair work shall comply with Section 5.3 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 6.28.3. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect.

Appears in 1 contract

Samples: arlington.granicus.com

FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Leased Demised Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 7.29.3, this Lease shall not be terminated, but damage to the BuildingDemised Premises, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant's Property or Alterations performed by Tenant’s Property. Tenant shall, at its expense, repair, restore and replace Tenant's Property and all Alterations performed by Tenant’s Property. Tenant's ’s restoration, replacement and repair work shall comply with Section 5.3 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 6.2. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect8.5.

Appears in 1 contract

Samples: Office Building Lease (Micromet, Inc.)

FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Leased Demised Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 7.29.3, this Lease shall not be terminated, but damage to the BuildingDemised Premises, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergencies and other conditions beyond the control of Landlordemergencies. Restoration by Landlord shall not include replacement of Tenant's Property or Alterations performed by Tenant’s Property. Tenant shall, at its expense, repair, restore and replace Tenant's Property and all Alterations performed by Tenant’s Property. Tenant's ’s restoration, replacement and repair work shall comply with Section 5.3 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 6.2. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect8.5.

Appears in 1 contract

Samples: Office Building Lease (TRX Inc/Ga)

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FIRE OR CASUALTY DAMAGE. In the event of damage or destruction of the Leased Premises or a portion thereof by fire or any other casualty, then, except as otherwise provided in Section 7.29.2, this Lease shall not be terminated, but the BuildingProject, including demising partitions and doors, shall be promptly and fully repaired and restored as the case may be by Landlord at its own cost and expense. Due allowance, however, shall be given for reasonable time required for adjustment and settlement of insurance claims, and for such other delays as may result from government restrictions, and controls on construction, if any, and for strikes, national emergencies and other conditions beyond the control of Landlord. Restoration by Landlord shall not include replacement of Tenant's Property or Alterations performed by TenantXxxxxx. Tenant shall, at its expense, repair, restore and replace TenantXxxxxx's Property and all Alterations performed by TenantXxxxxx. Tenant's restoration, replacement and repair work shall comply with Section 5.3 6 hereof and Tenant shall maintain adequate insurance on all such replacements, restoration and property pursuant to Section 6.28.3. It is agreed that in any of the aforesaid events, this Lease shall continue in full force and effect.

Appears in 1 contract

Samples: arlington.granicus.com

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