Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 9 contracts
Samples: Lease Agreement (First Consulting Group Inc), Lease Agreement (Digital Solutions Inc), Lease Agreement (Evergreen Solar Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's ’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent hereunder shall be abated as of the date of the Casualty.
Appears in 4 contracts
Samples: Commercial Lease (Interphase Corp), Lease Agreement (Realpage Inc), Lease Agreement (Realpage Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent hereunder shall be abated as of the date of the Casualty.
Appears in 3 contracts
Samples: Lease Agreement (ReachLocal Inc), Lease Agreement (Catalog Com Inc), Lease Agreement (Catalog Com Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's ’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 2 contracts
Samples: Lease Agreement (First State Financial Corp/Fl), Lease Agreement (Harvard Bioscience Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.
Appears in 2 contracts
Samples: Office Lease Agreement (Summit Bancshares Inc /Tx/), Basic Lease (Inet Technologies Inc)
Landlord’s Rights. If a Casualty damages a material portion of the ----------------- Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 2 contracts
Samples: Lease Agreement (Wells Real Estate Fund Xii Lp), Lease Agreement (Wells Real Estate Fund Xii Lp)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.
Appears in 2 contracts
Samples: Basic Lease Information (Jayhawk Acceptance Corp), Service Agreement (American Physician Partners Inc)
Landlord’s Rights. If a Casualty damages a material portion of ----------------- the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Lease Agreement (Wells Real Estate Investment Trust Inc)
Landlord’s Rights. If a Casualty damages a material portion of the BuildingComplex, and Landlord makes a good faith reasonable determination that restoring the Premises Complex would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after delivering the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated xxxxx as of the date of the Casualty.
Appears in 1 contract
Samples: Office Lease (Adesso Healthcare Technology Services Inc)
Landlord’s Rights. If a Casualty damages a material portion of the BuildingComplex, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Lease Agreement (Multi Link Telecommunications Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.the
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's ’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's ’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Lease Agreement (CS Disco, Inc.)
Landlord’s Rights. If a Casualty damages a ----------------- material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 120 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Lease (Intira Corp)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises and/or the Building would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty..
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Lease Agreement (Paypal Inc)
Landlord’s Rights. If a Casualty ----------------- damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent Rental and Additional Rent Excess Operating Expense hereunder shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Office Building Lease Agreement (Lifeminders Com Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 120 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Lease (Daleen Technologies Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any a material portion of insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the BuildingComplex, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's ’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Gross Full Service Rent and Additional Rent Tenant’s Operating Cost Reimbursements shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Office Lease Agreement (Cray Inc)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any more than $250,000.00 of insurance proceeds arising out of the Casualty to a Landlord's ’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent Rental hereunder shall be abated as of the date of the Casualty.. (d)
Appears in 1 contract
Samples: Lease Agreement (Arthrocare Corp)
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, uneconomical or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate within 30 days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Landlord’s Rights. If a Casualty damages a material portion of the Building, and Landlord makes a good faith determination that restoring the Premises would be uneconomical, or if Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord's Mortgagee, then Landlord may terminate this Master Lease by giving written notice of its election to terminate within 30 thirty (30) days after the Damage Notice has been delivered to Tenant, and Basic Rent and Additional Rent shall be abated as of the date of the Casualty.
Appears in 1 contract
Samples: Greek Village Master Lease