Loss of Premises. In the event the premises are destroyed or rendered unlivable by fire, storm or other casualty not caused by negligence of Tenant(s) or if leased premises are taken by eminent domain, this lease shall end at such time of occurrence. Tenant(s) are responsible under terms of lease to time of occurrence and Landlord shall reimburse any rent and deposits paid past that time.
Loss of Premises. 9.01 Damages.
Loss of Premises. Should Borrower be ejected from any substantial portion of any Mortgaged Property or the use thereof for any reason, including, without limitation, by reason of a defect in title to such Mortgaged Property for any reason (except as result of a taking by the power of eminent domain to the extent permitted under the applicable provisions of the Mortgage), the effect of which is to materially and adversely affect by ten percent (10%) or more the revenue generated by such Mortgaged Property); or 6.1.13
Loss of Premises. In the event Franchisee occupies the Franchised Location pursuant to a lease ("Lease") and such Lease expires or is terminated prior to the expiration of the term of this Agreement and Franchisee is not permitted by the terms of the Lease to extend the term thereof, or if Franchisee is permanently prevented from doing business at the Franchised Location because of condemnation of land, or destruction by fire, flood or other cause, Franchisee shall be permitted to relocate the Franchised Business at another location within the Franchise Area described in Section 1.3 hereof, subject however to Franchisor's approval, as described below, and to all of the terms of this Agreement, including, but not limited to, the terms of Section 3.2 hereof relating to commencement and completion of construction. Further, the right to relocate said business in any such event shall be specifically conditioned upon Franchisee's complying with the following requirements, except to the extent waived by Franchisor in writing:
Loss of Premises. Section 6.01 Damages 22 Section 6.02 Condemnation 23
Loss of Premises. 6.01. DAMAGES/DESTRUCTION Notwithstanding anything hereafter contained to the contrary, for purposes of this Section 6.01, the Premises, as further described in Section 1.03 (PREMISES), shall be considered individually as separate and distinct structures, and in the event of a casualty, damage or destruction to one individual Building, or a group of Buildings, the following provisions shall apply only to that individual structure (or If the Premises, Building, Common Area Facilities, or any portion thereof is damaged by fire or other casualty, then, except as provided below, the damage shall be promptly repaired by and at the expense of Landlord. If the Premises or the Building are totally destroyed by fire or any other casualty, this Lease shall automatically terminate as of the date of such destruction. If the Building, the Common Area Facilities or the Premises are damaged to the extent that, in Tenant's reasonable judgment, Tenant will not be able to use the same to conduct its business for at least ninety (90) days, Tenant may terminate this Lease as of the date of such damage by written notice to Landlord within (30) days after such date. In the event such damage or casualty is not susceptible of complete repair and restoration (to the standard of "substantial completion", within ninety (90) days after the occurrence of such damage or casualty, then either Landlord or Tenant may, by written notice to the other terminate this Lease as of the date of such damage, provided such notice is given within thirty (30) days after the date of the damage or casualty. Substantial completion shall mean that a certificate of occupancy, or the equivalent, has been provided by the appropriate authority, permitting the Building to be occupied by Tenant, or other tenants in accordance with all public health, safety and building codes. The only remaining items shall be minor details of construction. Until such repairs and restoration are completed, the Rent, and any other sums due hereunder, shall be abated in proportion to the portion of the Premises or the Common Area Facilities which are unusable or inaccessible by Tenant in the conduct of its business by virtue of such casualty. If such damage can be repaired within ninety (90) days and Landlord fails to repair or restore such damage within such period, Tenant may, upon thirty (30) days written notice to Landlord, in addition to all other remedies Tenant may have under this Lease, at law or in equity, terminate this...
Loss of Premises
