Common use of Landlords Right of Termination Clause in Contracts

Landlords Right of Termination. If the Premises or the Building are substantially damaged by fire or casualty (the term “substantially damaged” meaning damage of such a character that the same cannot, in the ordinary course, reasonably be expected to be repaired within ninety (90) days from the date of the fire or casualty), or if any part of the Building is taken by any exercise of the right of eminent domain, then Landlord shall have the right to terminate this Lease (even if Landlord’s entire interest in the Premises may have been divested) by giving notice of Landlord’s election so to do prior to the expiration of the said ninety (90) days, whereupon this Lease shall terminate thirty (30) days after the date of such notice with the same force and effect as if such date were the date originally established as the expiration date hereof.

Landlords Right of Termination. If the Premises or the Building are ------------------------------- substantially damaged by fire or casualty (the term “"substantially damaged” " meaning damage of such a character that the same cannot, in the ordinary course, reasonably be expected to be repaired within ninety sixty (9060) days from the date of the fire or casualtytime that repair work would commence), or if any part of the Building is taken by any exercise of the right of eminent domain, then Landlord shall have the right to terminate this Lease (even if Landlord’s 's entire interest in the Premises may have been divested) by giving notice of Landlord’s 's election so to do prior to the expiration of the said within ninety (90) daysdays after the occurrence of such casualty or the effective date of such taking, whereupon this Lease shall terminate thirty (30) days after the date of such notice with the same force and effect as if such date were the date originally established as the expiration date hereof.

Landlords Right of Termination. If the Premises or the Building are ------------------------------- substantially damaged by fire or casualty (the term “"substantially damaged” " meaning damage of such a character that the same cannot, in the ordinary course, reasonably be expected to be repaired within ninety sixty (9060) days from the date of the fire or casualtytime that repair work would commence), or if any part of the Building is taken by any exercise of the right of eminent domain, then Landlord shall have the right to terminate this Lease (even if Landlord’s 's entire interest in the Premises may have been divested) by giving notice of Landlord’s 's election so to do prior to within 90 days after the expiration occurrence of such casualty or the said ninety (90) dayseffective date of such taking, whereupon this Lease shall terminate thirty (30) days after as of the date of such notice with the same force and effect as if such date were the date originally established as the expiration date hereof.

Landlords Right of Termination. If the Premises or the Building are substantially damaged by fire or casualty (the term “"substantially damaged” " meaning damage of such a character that the same cannot, in the ordinary course, reasonably be expected to be repaired within ninety sixty (9060) days from the date of the fire or casualtytime that repair work would commence), or if any part of the Building is taken by any exercise of the right of eminent domain, then Landlord shall have the right to terminate this Lease (even if Landlord’s 's entire interest in the Premises may have been divested) by giving notice of Landlord’s 's election so to do prior to the expiration of the said within ninety (90) daysdays after the occurrence of such casualty or the effective date of such taking, whereupon this Lease shall terminate thirty (30) days after the date of such notice with the same force and effect as if such date were the date originally established as the expiration date hereof.

Landlords Right of Termination. If the Premises or the Building are substantially damaged by fire or casualty (the term “substantially damaged” meaning damage of such a character that the same cannot, in the ordinary course, reasonably be expected to be repaired within ninety sixty (9060) days from the date of the fire or casualtytime that repair work would commence), or if any part of the Building is taken by any exercise of the right of eminent domain, then Landlord shall have the right to terminate this Lease (even if Landlord’s entire interest in the Premises may have been divested) by giving notice of Landlord’s election so to do prior to the expiration of the said within ninety (90) daysdays after the occurrence of such casualty or the effective date of such taking, whereupon this Lease shall terminate thirty (30) days after the date of such notice with the same force and effect as if such date were the date originally established as the expiration date hereof.