Landlord’s Estimates. Landlord will assess the damage to the Project (but not the Leasehold Improvements) and notify Tenant of Landlord's reasonable estimate of the time required to substantially complete repairs and restoration of the Project ("Repair Estimate"). Landlord will also estimate the time that the Premises will be untenantable ("Interruption Estimate"). Within 30 days after the later of the casualty, issuance of the Repair Estimate, issuance of the Interruption Estimate, or receipt of any denial of coverage or reservation of rights from Landlord's insurer, each party may terminate the Lease by written notice to the other on the following conditions:
Appears in 3 contracts
Samples: Lease (Behringer Harvard Reit I Inc), Behringer Harvard Reit I Inc, Behringer Harvard Reit I Inc
Landlord’s Estimates. Landlord will assess the damage to the Project (but not the Leasehold Improvements) and notify Tenant of Landlord's ’s reasonable estimate of the time required to substantially complete repairs and restoration of the Project ("“Repair Estimate"”). Landlord will also estimate the time that the Premises will be untenantable ("“Interruption Estimate"”). Within 30 days after the later of the casualty, issuance of the Repair Estimate, issuance of the Interruption Estimate, or receipt of any denial of coverage or reservation of rights from Landlord's ’s insurer, each party may terminate the Lease by written notice to the other on the following conditions:
Appears in 1 contract
Samples: Lease (Novavax Inc)
Landlord’s Estimates. As soon as reasonably practicable under the circumstances including the scope of the casualty, Landlord will assess the any damage to the Project Premises and Building (but not the Leasehold Improvements) and notify Tenant of Landlord's ’s reasonable estimate of the time required to substantially complete repairs and restoration of the Project Premises and Building ("but not the Leasehold Improvements) (“Repair Estimate"). Landlord will also estimate the time that the Premises will be untenantable ("Interruption Estimate"”). Within 30 thirty (30) days after the later of the casualty, issuance of the Repair Estimate, issuance of the Interruption Estimate, Estimate or receipt of any denial of coverage or reservation of rights from Landlord's ’s insurer, each party may terminate the Lease by written notice to the other on the following conditions:
Appears in 1 contract
Samples: Office Lease (Hippo Holdings Inc.)