Major Damage to Premises. If all or part of the Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of an architect acceptable to Landlord and Tenant, 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 either Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by notice delivered to the other not more than 10 days after receipt of such Architect's opinion, failing which Landlord shall forthwith at its own expense repair such damage other than damage to improvements, furniture, chattels or trade fixtures which do not belong to Landlord.
Major Damage to Premises. If all or part of the Premises are rendered un-tenantable by damage from fire or other casualty which, in the reasonable opinion of an architect acceptable to Landlord and Tenant, cannot be substantially repaired under applicable laws and governmental regulations within sixty (60) days from the date of such casualty (employing normal construction methods without overtime or other premium), then either Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than (10) days after receipt of such damage other than damage to improvements, furniture, chattels, or trade fixtures which do not belong to Landlord.
Major Damage to Premises. If all or part of the Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of an architect acceptable to Landlord and Tenant, cannot be substantially repaired using the insurance proceeds received under Section 12.1 and any amounts contributed by Landlord 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 Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than ten (10) days after receipt of such architect's opinion, failing which, Landlord shall forthwith at its own expense repair such damage other than damage to improvements, furniture, chattels or trade fixtures which do not belong to Landlord.
Major Damage to Premises. If all or part of Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of the Landlord’s Architect, cannot be substantially repaired under applicable laws and Authority regulations within one hundred and eighty (180) days from the date of such casualty (employing normal construction methods without overtime or other premium), then the Landlord may, at its option, elect to terminate this Lease as of the date of such casualty by written notice to the Tenant not more than ten (10) days after receipt of such Architect’s opinion, failing which 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. If such notice of termination is given, the Tenant shall deliver up possession of the Premises to the Landlord within thirty (30) days after delivery of the notice of termination and Rent shall be apportioned and paid to the date on which the Tenant delivers vacant possession of the Premises, subject to any abatement to which the Tenant may be entitled.
Major Damage to Premises. (a) If the Premises, the Building or the Parking Structure, or access thereto, or the Building Systems and/or Service Facilities serving the Premises suffer Damage, Landlord shall give Tenant written notice (the “Repair Notice”) stating the estimated length of time that will be required to repair the Damage as soon as reasonably possible after such Damage, but in no event later than thirty (30) days following the date of such Damage (or 30 days after Landlord is informed of the Damage in the case of Damage that is not readily apparent from a visual inspection of the Building Property). If the repair of the Damage cannot, in the reasonable opinion of Landlord as set forth in the Repair Notice, be substantially completed within 210 days after the date of the Damage, without payment of overtime or other premium, then Landlord shall have the option, to be exercised at the time of the Repair Notice to Tenant either to: (i) terminate this Lease as of the date specified in Landlord’s Repair Notice which is not less than sixty (60) days nor more than ninety (90) days after the date of Landlord’s Repair Notice to Tenant (although rent shall be abated until such termination in the manner and to the extent provided in Section 12.6); or (ii) to repair the Damage in accordance with Section 12.2, in which event this Lease shall continue in full force and effect, subject to Tenant’s First Termination Option under subsection (b), and rent shall be abated in the manner and to the extent provided in Section 12.6. Notwithstanding anything to the contrary contained in this Lease, if the proceeds from insurance maintained by Landlord plus any amount paid by Tenant pursuant to Section 12.2 above will not be sufficient to cover the cost of repairs to the Tenant Improvements and Alterations in the Premises and if Tenant fails to pay timely the shortfall to Landlord for the construction of such work that Tenant is required to pay under the terms of this Lease, and as a result thereof, Landlord actually encounters a delay in completing the restoration/repair of the Tenant Improvements and Alterations, then the rent shall not xxxxx during any period such proceeds and payments are not available pursuant to the terms hereof for the repair of the Tenant Improvements and Alterations in the Premises.
(b) If the Premises, the Building or the Parking Structure or access thereto, or the Building Systems and/or Service Facilities serving the Premises suffer Damage so that the Premises are re...
Major Damage to Premises. If all or part of the Premises are rendered untenantable by damage from fire or other casualty affecting the Building or the Premises, which in Landlord’s reasonable opinion, as set forth in a written notice given to Tenant, cannot be substantially repaired under applicable laws and governmental regulations within two hundred and forty (240) days from the date of such casualty (employing normal construction methods without overtime or other premium), then either Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than thirty (30) days after Landlord gives Tenant such written notice, failing which Landlord shall (subject to the rights of any mortgagee of the Land or the Building in and to such insurance proceeds), repair such damage other than damage to improvements, furniture, chattels or trade fixtures which do not belong to Landlord, which shall be repaired forthwith by Tenant at its own expense.
Major Damage to Premises. If the Premises, Base Building or Common Areas serving or providing access to the Premises are Damaged to the extent that the Premises are rendered untenantable and the repair of such Damage cannot, in the reasonable opinion of Landlord, be completed within ninety (90) days after the date Landlord is informed of the Damage (without payment of overtime or other premium) or if insurance proceeds will not be sufficient to cover the cost of repairs, then Landlord shall have the option, to be exercised by written notice to Tenant within thirty (30) days after the date Landlord is informed of the Damage, either: (a) to terminate this Lease as of the date not less than thirty (30) days nor more than sixty (60) days after Xxxxxxxx’s notice to Tenant (although rent shall be abated until such termination in the manner and to the extent hereinafter provided); or (b) to repair the Damage in accordance with Section 11.1, in which event this Lease shall continue in full force and effect, and rent shall be abated in the manner and to the extent hereinafter provided. Landlord shall give Tenant written notice stating the estimated length of time that will be required to repair the Damage as soon as reasonably possible after such Damage, but in no event later than thirty (30) days following the date Landlord is informed of the Damage.
Major Damage to Premises. 10 7.03 Abatement...............................................................................................10 7.04
Major Damage to Premises. If all or part of the Premises are rendered untenantable by damage from fire or other casualty involving the Premises and/or the Building which, in the reasonable opinion of the Landlord cannot be substantially repaired under applicable laws and governmental regulations within 90 days from the date of such casualty, Landlord shall notify Tenant in writing within thirty (30) days following such casualty, then either Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than less (10) days after the receipt of such written notice, failing which Landlord shall forthwith and to the extent insurance proceeds are made available therefor, repair such damage other than damage to improvements, furniture, chattels or trade fixtures which do not belong to Landlord.
Major Damage to Premises. If all or part of the Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of an architect acceptable to Landlord and Tenant, 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 either Landlord or Tenant may [ILLEGIBLE] terminate this Lease as of the date of such casualty by written notice delivered to the other not more than 10 days after receipt of such architect's opinion, failing which Landlord shall forthwith at its own expense repair such damage other than damage to improvements, furniture, chattels or trade fixtures which do not belong to Landlord, which shall be repaired forthwith by Tenant at its own expense.
