Common use of No Option to Terminate for Insured Casualty Clause in Contracts

No Option to Terminate for Insured Casualty. Lessee shall have no option to terminate this Lease or otherwise be relieved of its obligation to restore the Improvements on the Premises where the damage or destruction results from a cause required to be insured against by this Lease.

Appears in 3 contracts

Samples: Option Agreement, Lease Agreement, Lease Agreement

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No Option to Terminate for Insured Casualty. Lessee shall have no option to terminate this Lease or otherwise be relieved of its obligation to restore the Improvements on the Premises Property where the damage or destruction results from a cause required to be insured against by this Lease.

Appears in 1 contract

Samples: Ground Lease Agreement

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No Option to Terminate for Insured Casualty. Lessee shall have no option to terminate this Lease Lease, or otherwise be relieved of its obligation to restore the Improvements on the Premises where Premises, in the case of damage to or destruction results from of the Premises or any Improvements located thereon, except in the event of a cause required termination of the Lease pursuant to be insured against by this LeaseSection 10.5 above as a result of an Uninsured Loss.

Appears in 1 contract

Samples: Lease Agreement

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