Major Damage to Building Sample Clauses

Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of Landlord the Building must be totally or partially demolished, whether or not to be reconstructed in whole or in part, Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to Tenant not more than sixty (60) days after the date of such casualty.
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Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord the Building must be totally or partially demolished or reconstructed whether or not to be reconstructed in whole or in part, the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than sixty (60) days after the date of such casualty, in which event: (a) the Tenant shall deliver up possession of the Premises to the Landlord within thirty (30) days after delivery of the notice of termination; and (b) Rent shall be apportioned and paid to the date upon which possession has been delivered up. In the event the Landlord does not terminate this Lease, the Landlord or the Tenant, as the case may be, according to the nature of the damage and their respective obligations under this Lease, shall repair such damage with all reasonable diligence.
Major Damage to Building. If the Building or its systems are damaged to such an extent that its operation is affected, or if twenty five percent (25%) or more of the Square Feet in the Building are damaged or destroyed, Landlord may elect to terminate this Lease as of the date of such damage (or on the date of notice if the Premises are unaffected by such casualty) by notice given to Tenant not more than sixty (60) days after the date of such casualty.
Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that Landlord determines not to repair the same, Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to Tenant not more than 60 days after the date of such casualty. If Landlord elects not to terminate this Lease, Landlord shall, but only to the extent that sufficient insurance proceeds are available therefore (and subject to the rights of any mortgagee of the Land or the Building in and to such insurance proceeds), commence repair of the damaged portion of the Building, and the Lease shall remain in full force and effect in accordance with its terms, subject to Section 16.03 above.
Major Damage to Building. Notwithstanding anything contained in this Lease and specifically notwithstanding Section 14.1, if: 14.2.1 premises, whether of the Tenant or other tenants of the Building, comprising in the aggregate twenty-five percent (25%) or more of the Rentable Area of the Building; or 14.2.2 twenty-five percent (25%) or more of the Common Areas and Facilities, are damaged or destroyed by any cause to the extent that, in the opinion of the Architect (which shall be given by written notice within sixty (60) days of the happening of such damage or destruction to which notice shall be attached the written opinion of the Architect), the damage or destruction cannot be repaired with reasonable due diligence within one hundred and eighty (180) days from the happening of such damage or destruction, then the Landlord may, at its option, exercisable by notice to the Tenant given within ten (10) days next succeeding the giving of the notice as aforesaid, terminate this Lease, in which event the Term of this Lease and the tenancy created hereby and all the Tenant’s rights herein shall expire and be deemed to have been cancelled on the thirtieth (30th) day after such notice is given, without the Landlord being responsible for damages of any kind whatsoever, contractual or extra-contractual or any claim arising from such termination or cancellation. The Tenant shall, within such thirty (30) day period, vacate the Premises and return the same to the Landlord with the Landlord having the right to repossess the Premises discharged from this Lease and to evict all persons and remove all property therefrom. The Rent and all other payments for which the Tenant is liable under the terms of this Lease shall be due and payable without reduction and abatement subsequent to the destruction or damage until the date of termination, subject to any abatement to which the Tenant may be entitled under Section 14.1.
Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of the Landlord’s Architect, the Building cannot be substantially repaired under applicable laws and governmental regulations within 180 days from the date of such casualty (employing normal construction methods without overtime or other premium), then the Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to the Tenant not more than ten (10) days after the date of receipt of the Landlord’s Architect’s opinion, and if such notice of termination is given: (a) the Tenant shall deliver up possession of the Premises to the Landlord within thirty (30) days after delivery of the notice of termination; (b) Rent shall be apportioned and paid to the date upon which possession has been delivered up, subject to any abatement to which the Tenant may be entitled; but otherwise, the Landlord or the Tenant, as the case may be, according to the nature of the damage and their respective obligations under this Lease, shall repair such damage with all reasonable diligence.
Major Damage to Building. Notwithstanding Section 11.01, if: (a) the Premises; (b) premises, whether of the Tenant or other tenants of the Building, comprising in the aggregate fifty percent (50%) or more of the Rentable Area of the Building; or (c) any part or parts of the Building, the Building Systems or the Common Areas and Facilities required for the proper operation of the Building; are damaged or destroyed by any cause to the extent that, in the reasonable opinion of the Landlord, the damage or destruction cannot be repaired within one hundred and twenty (120) days after the occurrence of such damage or destruction, then: (d) the Landlord or the Tenant may at its option, exercisable by notice to the other party given within sixty (60) days after the occurrence of such damage or destruction, terminate this Lease. If the Lease is terminated the Tenant shall forthwith deliver up possession of the Premises to the Landlord and Rent shall be apportioned and paid to the date upon which possession is so delivered up, subject to any abatement to which the Tenant may be entitled under Section 11.02.
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Major Damage to Building. If more than fifty percent (50%) of the Square Feet of the Building (whether or not including the Premises) or more than fifty percent (50%) of any parking structure is rendered untenantable by damage from fire or other casualty which in Landlord's sole opinion, as set forth in a written notice given to Tenant, cannot be substantially repaired under applicable laws and governmental regulations within two hundred seventy (270) days from the date of such casualty (employing normal construction methods without overtime or other premium) then Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to Tenant not more than sixty (60) days after the date of such casualty. If Landlord elects not to terminate this Lease, Landlord shall, but only to the extent that sufficient insurance proceeds are available therefor (and subject to the rights of any mortgagee of the Land or the Building in and to such insurance proceeds), commence repair of the damaged portion of the Building or parking structure, as appropriate and the Lease shall remain in full force and effect in accordance with its terms.
Major Damage to Building. Without limiting the provisions of Sections 12.2 and 12.3, if the Building Property suffers Damage which results in the termination of the Prime Lease pursuant to its terms or the terms of the Prime Landlord’s Consent, then this Sublease shall thereupon terminate. If Prime Landlord elects under the Prime Lease and/or the Prime Landlord’s Consent to repair such Damage and the Prime Lease remains in effect following such Damage, then this Sublease shall continue in full force and effect, and Rent shall be abated in the manner and to the extent provided in Section 12.5.
Major Damage to Building. If all or a substantial part (whether or not including the Premises) of the Building is rendered untenantable by damage from fire or other casualty to such a material extent that in the reasonable opinion of Landlord the Building must be totally or partially demolished, whether or not to be reconstructed in whole or in part, Landlord may elect to terminate this Lease as of the date of such casualty (or on the date of notice if the Premises are unaffected by such casualty) by written notice delivered to Tenant not more than 90 days after the date of such casualty. Landlord will give written notice to Tenant of its intention to reconstruct or not to reconstruct all or any part of the Building within such 90 day period. Tenant may elect by written notice given to Landlord not more than 120 days after the date of such casualty, to terminate this Lease, if Landlord elects not to reconstruct the entire Building or if the Premises are not damaged but Tenant’s use of the Premises is materially and adversely affected by the damage to the Building and completion of the reconstruction will require in excess of 270 days.
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