Common use of Landlord’s Repair Obligation Clause in Contracts

Landlord’s Repair Obligation. If the Building or the Premises is damaged by fire or other casualty, Landlord shall repair the same (but not any Tenant Improvement Work and not any Tenant’s Alterations); provided that (a) such repairs can be made under the laws and regulations of the federal, state and local governmental authorities having jurisdiction within twelve (12) months after the date of such damage (or in the case of damage occurring during the last twelve (12) months of the Term, provided that such repairs can be made within ninety (90) days after the date of such damage), (b) such repairs are fully covered (except for any deductible) by the proceeds of insurance maintained by Landlord (or required to be maintained by Landlord pursuant to this Lease), and (c) the damage does not affect more than fifty percent (50%) of the assessed value of the Building.

Appears in 3 contracts

Samples: Lease, Lease (Silver Spring Networks Inc), Lease (Silver Spring Networks Inc)

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Landlord’s Repair Obligation. If the Building Property or the Premises any portion thereof is damaged by fire or other casualty, Landlord shall repair the same (but not any including the Tenant Improvement Work and Work, but not any Tenant’s Alterations); provided that (a) such repairs can be made under the laws and regulations of the federal, state and local governmental authorities having jurisdiction within twelve (12) months after the date of such damage (or in the case of damage occurring during the last twelve (12) months of the Term, provided that such repairs can be made within ninety (90) days after the date of such damage), (b) such repairs are fully covered (except for any deductible) by the proceeds of insurance maintained by Landlord (or required to be maintained by Landlord pursuant to this Lease)Landlord, and (c) the damage does not affect more than fifty percent (50%) of the assessed value of the Building.

Appears in 1 contract

Samples: Office Lease (Aimmune Therapeutics, Inc.)

Landlord’s Repair Obligation. If the Building Premises or the Premises is any portion thereof are damaged by fire or other casualty, Landlord shall repair the same (( but not any Tenant Improvement Work and not any Tenant’s 's Alterations); provided that (a) such repairs can be made under the laws and regulations of the federal, state and local governmental authorities having jurisdiction within twelve (12) months after the date of such damage (or in the case of damage occurring during the last twelve (12) months of the Term, provided that such repairs can be made within ninety (90) days after the date of such damage), (b) such repairs are fully covered (except for any deductible) by the proceeds of insurance or self insurance maintained by Landlord (or required to be maintained by Landlord pursuant to this Lease)Landlord, and (c) the damage does not affect more than fifty percent (50%) of the assessed value of the BuildingPremises.

Appears in 1 contract

Samples: Commercial Lease (Telik Inc)

Landlord’s Repair Obligation. If the Building Property or the Premises any portion thereof is damaged by fire or other casualty, Landlord shall repair the same (including the Landlord Work, but not any Tenant Improvement Work and not any Tenant’s Alterations); provided that (a) such repairs can be made under the laws and regulations of the federal, state and local governmental authorities having jurisdiction within twelve (12) months after the date of such damage (or in the case of damage occurring during the last twelve (12) months of the Term, provided that such repairs can be made within ninety (90) days after the date of such damage), (b) such repairs are fully covered (except for any deductible) by the proceeds of insurance maintained by Landlord (or required to be maintained by Landlord pursuant to this Lease)Landlord, and (c) the damage does not affect more than fifty percent (50%) of the assessed value of the Building.

Appears in 1 contract

Samples: Office Lease (Innoviva, Inc.)

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Landlord’s Repair Obligation. If the Building Property or the Premises any portion thereof is damaged by fire or other casualty, Landlord shall repair the same (but not any including the Tenant Improvement Work and Work, but not any Tenant’s Alterations); provided that (a) such repairs can be made under the laws and regulations of the federal, state and local governmental authorities having jurisdiction within twelve nine (129) months after the date of such damage (or in the case of damage occurring during the last twelve (12) months of the Term, provided that such repairs can be made within ninety (90) days after the date of such damage), (b) such repairs are fully covered (except for any deductible) by the proceeds of insurance maintained by Landlord (or required to be maintained by Landlord pursuant to this Lease)Landlord, and (c) the damage does not affect more than fifty percent (50%) of the assessed value replacement cost of the Building.

Appears in 1 contract

Samples: Office Lease (Hyperion Therapeutics Inc)

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