Common use of Landlord’s Rights on Rebuilding Clause in Contracts

Landlord’s Rights on Rebuilding. In the event of damage to the Building and if this Lease is not terminated in accordance with Sections 14.1 or 14.3, the Landlord shall forthwith repair any damage to the Building, but only to the extent of the Landlord's obligations under the terms of the various leases for premises in the Building (including this Lease) and exclusive of any tenant's responsibilities with respect to such repair. In repairing or rebuilding the Building or the Premises the Landlord may use drawings, designs, plans and specifications other than those used in the original construction and may alter or relocate the Building, the Common Areas and Facilities or any part thereof, and may alter or relocate the Premises, provided that the Building as repaired or rebuilt is of a similar standard and the Premises as altered or relocated shall be of approximately the same size as the original Premises.

Appears in 2 contracts

Samples: Lease Agreement (Nevada Geothermal Power Inc), Lease Agreement (Argentex Mining Corp)

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Landlord’s Rights on Rebuilding. In the event of damage to the Building and if this Lease is not terminated in accordance with Sections 14.1 or 14.3, the Landlord shall forthwith repair any damage to the Building, but only to the extent of the Landlord's ’s obligations under the terms of the various leases for premises in the Building (including this Lease) and exclusive of any tenant's ’s responsibilities with respect to such repair. In repairing or rebuilding the Building or the Premises the Landlord may use drawings, designs, plans and specifications other than those used in the original construction and may alter or relocate the BuildingBuilding on the Lands, the Common Areas and Facilities or any part thereof, and may alter or relocate the Premises, provided that the Building as repaired or rebuilt is of a similar standard and the Premises as altered or relocated shall be of approximately the same size as the original Premises.

Appears in 1 contract

Samples: Lease Agreement (Venus Concept Inc.)

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Landlord’s Rights on Rebuilding. In the event of damage Damage to the Building and if this Lease is not terminated in accordance with Sections 14.1 10.1 or 14.310.3, the Landlord shall forthwith repair any damage to the Building, but only to the extent of the Landlord's obligations under the terms of the various leases for premises in the Building (including this Lease) Lease and exclusive of any tenantof Tenant's responsibilities with respect to such repair. In repairing or rebuilding the Building or the Premises the Landlord may use drawings, designs, plans and specifications other than those used in the original construction and may alter or relocate the BuildingBuilding on the Land, the Common Areas and Facilities or any part thereof, and may alter or relocate the Premises, provided that the Building as repaired or rebuilt is of a similar standard and the Premises as altered or relocated shall be of approximately the same size as the original Premises.

Appears in 1 contract

Samples: Industrial Lease (CUI Global, Inc.)

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