Less Than a Certain Percentage Taken Sample Clauses

Less Than a Certain Percentage Taken. In the event of a partial taking of less than thirty percent (30%) of the area of the demised premises, Lessor shall, with reasonable diligence, proceed at its own expense to reconstruct or repair the demised premises and place the same in a rentable condition within sixty (60) days after the date of the actual physical taking; provided, however, that if thirty percent (30%) or more of the area of the building as a whole is taken. Lessor alternatively may elect to terminate this Lease notwithstanding that less than thirty percent (30%) of the area of the demised premises were taken. In the event of such termination the parties hereto shall be released from any and all further liability under this Lease.
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Related to Less Than a Certain Percentage Taken

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