Obligation to Repair. Except as otherwise provided in this Article 12, if the Premises, or any other portion of the Building necessary for Tenant’s use and occupancy of the Premises, are damaged or destroyed by fire or other casualty, Landlord shall, within thirty (30) days after such event, notify Tenant of the estimated time, in Landlord’s reasonable judgment, required to repair such damage or destruction. If Landlord’s estimate of time is less than one hundred eighty (180) days after the date that Landlord obtains the required building permits for the repair of such damage or destruction, then (i) Landlord shall proceed with all due diligence to repair the Premises, and/or the portion of the Building necessary for Tenant’s use and occupancy of the Premises, to substantially the condition existing immediately before such damage or destruction, as permitted by and subject to then applicable laws, ordinances, rules and regulations; (ii) this Lease shall remain in full force and effect; and (iii) Base Rent and Escalation Rent shall xxxxx for such part of the Premises rendered unusable by Tenant, in Tenant’s reasonable, good faith judgment, in the conduct of its business during the time such part is so unusable, in the proportion that the Rentable Area contained in the unusable part of the Premises bears to the total Rentable Area of the Premises.
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Samples: Sublease Agreement (Salesforce Com Inc), Office Lease (Salesforce Com Inc), Office Lease (Salesforce Com Inc)
Obligation to Repair. Except as otherwise provided in this Article 12, if the Premises, or any other portion of the Building necessary for Tenant’s 's use and occupancy of the Premises, are damaged or destroyed by fire or other casualty, Landlord shall, within thirty (30) days after such event, notify Tenant of the estimated time, in Landlord’s 's reasonable judgment, required to repair such damage or destruction. If Landlord’s estimate of time is less than one hundred eighty (180) days after the date that Unless Landlord obtains the required building permits for the repair of such damage or destructionterminates this Lease as set forth in Section 12.2, then (i) Landlord shall proceed with all due diligence to repair the Premises, and/or the portion of the Building necessary for Tenant’s 's use and occupancy of the Premises, to substantially the condition existing immediately before such damage or destruction, as permitted by and subject to then applicable laws, ordinances, rules and regulations; (ii) this Lease shall remain in full force and effect; and (iii) Base Rent and Escalation Rent shall xxxxx for abatx xxx such part of the Premises rendered unusable by Tenant, in Tenant’s reasonable, good faith judgment, Tenant in the conduct of its business during the time such part is so unusable, in the proportion that the Rentable Area contained in the unusable part of the Premises bears to the total Rentable Area of the Premises.
Appears in 1 contract
Samples: Office Lease (Critical Path Inc)
Obligation to Repair. Except as otherwise provided in this Article 12, if the Premises, or any other portion of the Building Project necessary for Tenant’s use and occupancy of the Premises, are damaged or destroyed by fire or other casualtyCasualty, Landlord shall, within thirty ninety (3090) days after Landlord obtains actual knowledge of such eventdamage or destruction (“Casualty Discovery Date”) or as soon thereafter as possible, notify Tenant (a “Casualty Notice”) of the estimated time, in Landlord’s reasonable judgment, required to repair such damage or destruction. If Landlord’s estimate of time is less than Landlord estimates that the necessary repairs can be completed within one hundred eighty (180) days after the date that Landlord’s Casualty Notice, and if Landlord obtains the required building permits receives insurance proceeds sufficient for the repair of such damage or destructionpurpose, then (i) Landlord shall proceed with all due diligence to repair the Premises, and/or the portion of the Building Project necessary for Tenant’s use and occupancy of the Premises, to substantially the condition existing immediately before such damage or destruction, as to the extent permitted by and subject to then applicable laws, ordinances, rules and regulationsRequirements; (ii) this Lease shall remain in full force and effect; and (iii) to the extent such damage or destruction did not result from the negligence or willful act or omission of Tenant or any other Tenant Parties, Base Rent and Escalation Rent shall xxxxx xxxxx, for such part of the Premises rendered unusable un usable by Tenant, in Tenant’s reasonable, good faith judgment, Tenant in the conduct of its business during the time such part is so unusable, in the proportion that the Rentable Area rentable area contained in the unusable part of the Premises bears to the total Rentable Area rentable area of the Premises.
Appears in 1 contract
Samples: Office Lease (Stitch Fix, Inc.)
Obligation to Repair. Except as otherwise provided in this Article 12, if the Premises, or any other portion of the Building necessary for Tenant’s 's use and occupancy of the Premises, are damaged or destroyed by fire or other casualty, Landlord shall, within thirty (30) days after such event, notify Tenant of the estimated time, in Landlord’s 's reasonable judgment, required to repair such damage or destruction. If Landlord’s 's estimate of time is less than one hundred eighty (180) days after the date that Landlord obtains the required building permits for the repair of such damage or destruction, then then
(i) Landlord shall proceed with all due diligence to repair the Premises, and/or the portion of the Building necessary for Tenant’s 's use and occupancy of the Premises, to substantially the condition existing immediately before such damage or destruction, as permitted by and subject to then applicable laws, ordinances, rules and regulations; (ii) this Lease shall remain in full force and effect; and (iii) to the extent such damage or destruction did not result from the negligence or willful act or omission of Tenant or Tenant's subtenants or any of their respective employees, agents, contractors, invitees or licensees, Base Rent and Escalation Rent shall xxxxx for abatx xxx such part of the Premises rendered unusable by Tenant, in Tenant’s 's reasonable, good faith judgment, in the conduct of its business during the time such part is so unusable, in the proportion that the Rentable Area contained in the unusable part of the Premises bears to the total Rentable Area of the Premises.
Appears in 1 contract
Samples: Office Lease (Del Monte Foods Co)
Obligation to Repair. Except as otherwise provided in this Article 12, if the Premises, or any other portion of the Building or the Project necessary for Tenant’s use and occupancy of the Premises, are damaged or destroyed by fire or other casualty, Landlord shall, within thirty as soon as reasonably practicable (30but in no event more than sixty (60) days after such event), notify Tenant of the estimated time, in Landlord’s reasonable judgment, required to repair such damage or destruction. If Landlord’s estimate of time is less than one hundred eighty twenty (180120) days after the date that Landlord obtains the required building permits for the repair of such damage or destruction, then (i) Landlord shall proceed with all due diligence to repair the Premises, and/or the portion of the Building or the Project necessary for Tenant’s use and occupancy of the Premises, to substantially the condition existing immediately before such damage or destruction, as permitted by and subject to then applicable laws, ordinances, rules and regulationsRequirements; (ii) this Lease shall remain in full force and effect; and (iii) to the extent such damage or destruction did riot result from the negligence or willful act or omission of Tenant or other Tenant Parties, Base Rent and Escalation Rent shall xxxxx for such part of the Premises rendered unusable by Tenant, in Tenant’s reasonable, good faith judgment, Tenant in the conduct of its business during the time such part is so unusable, in the proportion that the Rentable Area contained in the unusable part of the Premises bears to the total Rentable Area of the Premises.
Appears in 1 contract
Samples: Office Lease (Mobitv Inc)
Obligation to Repair. Except as otherwise provided in this Article 12, if the Premises, or any other portion of the Building Project necessary for Tenant’s 's use and occupancy of the Premises, are damaged or destroyed by fire or other casualtyCasualty, Landlord shall, within thirty sixty (3060) days after Landlord obtains actual knowledge of such eventdamage or destruction ("Casualty Discovery Date"), notify Tenant of the estimated time, in Landlord’s 's reasonable judgment, required to repair such damage or destructiondestruction ("Repair Estimate"). If Landlord’s estimate of time is less than one the Repair Estimate indicates that the necessary repairs can be completed within three hundred eighty sixty-five (180365) days after the date that Landlord obtains the required building permits for the repair of such damage or destructionCasualty Discovery Date, then subject to the other provisions of this Article 12, (i) Landlord shall proceed with all due diligence to repair the Premises, and/or the portion of the Building Project necessary for Tenant’s 's use and occupancy of the Premises, to substantially the condition existing immediately before such damage or destruction, to the extent commercially reasonable and as permitted by and subject to then applicable laws, ordinances, rules and regulationsRequirements; (ii) this Lease shall remain in full force and effect; and (iii) Base Rent and Escalation Rent shall xxxxx for such part of the Premises rendered unusable by Tenant, in Tenant’s reasonable, good faith judgment, Tenant in the conduct of its business during the time such part is so unusable, in the proportion that the Rentable Area rentable area contained in the unusable part of the Premises bears to the total Rentable Area rentable area of the Premises.
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