Inability to Complete. Provided Tenant is not in default hereunder and that the damage was not caused by an act or omission of Tenant or a Tenant Party, in the event Landlord is obligated or elects to repair, reconstruct and/or restore the damaged portion of the Building or Premises pursuant to Section 18.1 above, but reasonably expects to complete such repair, reconstruction and/or restoration to take more than two -hundred forty (240) days from the date of the casualty (or such repair actually takes longer than such period), Landlord shall provide Tenant with notice thereof, and then Tenant may elect to terminate this Lease upon thirty (30) days prior written notice to Landlord, provided that such termination notice is delivered within ten (10) days of Landlord’s delivery of the notice of restoration timing to Tenant or ten (10) days after the expiration of such 240 day period, as applicable.
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Sources: Lease (QuantumScape Corp), Office Lease (QuantumScape Corp)
Inability to Complete. Provided Tenant is not in default hereunder and that the damage was not caused by an act or omission of Tenant or a Tenant Party, in the event Landlord is obligated or elects to repair, reconstruct and/or restore the damaged portion of the Building or Premises pursuant to Section 18.1 above, but reasonably expects to complete be delayed from completing such repair, reconstruction and/or restoration to take more than two -hundred forty (240) days from beyond the date of that is three months after the casualty (or such repair actually takes longer than such period)date estimated by Landlord’s contractor for completion thereof pursuant to 18.1, Landlord shall provide Tenant with notice thereof, thereof and then Landlord or Tenant may elect to terminate this Lease upon thirty (30) days of prior written notice to Landlordthe other, provided that such termination notice is delivered within ten thirty (1030) days of Landlord’s delivery of the notice of delayed restoration timing to Tenant or ten (10) days after the expiration of such 240 day period, as applicableTenant.
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