Common use of Major Damage to Premises Clause in Contracts

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 un-tenantable untenantable by damage from fire or other casualty which, in the reasonable opinion of an Landlord's architect acceptable to Landlord and Tenant, cannot be substantially repaired under applicable laws and governmental regulations within sixty one hundred eighty (60180) 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 (1030) days after receipt of such Architect's opinion, failing which Landlord shall repair such damage other than damage to improvements, furniture, chattels, or chattels and trade fixtures which do not belong to Landlord.

Major Damage to Premises. If all or part of the Premises are rendered un-tenantable untenantable by damage from fire or other casualty which, in the reasonable opinion of an architect acceptable to Landlord and Tenantthe Landlord's architect, cannot be substantially repaired under applicable laws and governmental regulations within sixty (60) 120 days from the date of such casualty (employing normal construction methods without overtime or other premium), then either the Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other Tenant not more than (10) 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, chattels or trade fixtures which do not belong to Landlord.