Other Destruction Sample Clauses

Other Destruction. ID’s, cigarettes, lottery tickets, labels/stickers, and tags etc.
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Other Destruction. In the event of any other destruction of or damage to the Premises, or in the event neither party exercises the right of termination provided for in subsection 11.1(a) above, Landlord shall forthwith repair and reconstruct the Premises. Landlord shall commence such work within thirty (30) days after the date of the destruction or damage to the Premises and shall complete such work within a reasonable time. During the period of damage and repair, Rent shall be proportionately abated on the basis of and by taking into account: (1) the area or portion of the Premises which is not capable of use and occupancy by Tenant; and (2) the period of time during which that portion of the Premises remains incapable of such use and occupancy by Tenant.
Other Destruction. In the event of any damage to or destruction of the Building wherein the Premises are located, other than as provided in Xxxxxxxxx 00.0, Xxxxxxxx may elect to repair, reconstruct and restore the Building, in which case this Lease shall continue in full force and effect. If Landlord elects not to repair then this Lease shall terminate as of date of destruction. Landlord shall give written notice to Tenant of its election not to repair, reconstruct or restore the Building or Project within the sixty (60) day period following the date of damage or destruction.
Other Destruction. In the event of any damage to, or destruction of, the Building, other than as provided in Section 20.1 above, such that the cost to repair such damage or destruction is equal to or greater than fifteen percent (15%) of the insurable value of the Building, or restoration will, in the opinion of Landlord, require more than one hundred eighty (180) days, then Landlord may, at its option, elect to repair, reconstruct and restore the Building, in which case this Lease shall continue in full force and effect, provided, however, if such repair, reconstruction and restoration takes longer than two hundred forty (240) days from the date of such casualty, Tenant may, upon written notice to Landlord delivered within fifteen (15) days of the end of such two hundred forty (240) day period, terminate this Lease effective as of the date of such notice and Landlord shall have no liability therefor. If Landlord elects not to repair, reconstruct and restore the Building, then this Lease shall terminate as of the date of destruction.
Other Destruction. In the event of any damage to, or destruction of, the Premises other than as provided in Section 20.1, then Landlord may, at its option, elect to repair, reconstruct and restore the Premises, in which case this Lease shall continue in full force and effect, provided, however, if such repair, reconstruction and restoration takes longer than 12 months from the date of such casualty, Tenant may, upon written notice to Landlord delivered within 30 days of the end of such 12-month period, terminate this Lease effective as of the date of such notice and Landlord shall have no liability therefor. If Landlord elects not to repair, reconstruct and restore the Premises, then this Lease shall terminate as of the date of destruction. In the event that any uninsured damage to or destruction of the Building is caused by the negligent or willful acts of Tenant or Tenant’s Agents, Tenant shall pay (i) the cost of such repair, reconstruction and restoration, if Landlord so elects to repair, reconstruct and restore or (ii) if Landlord does not elect to repair, reconstruct and restore, the amount that Landlord would have incurred had Landlord elected to repair, reconstruct or restore.
Other Destruction. If less than thirty percent (30%) of the Total Rooms should be destroyed, or if thirty percent (30%) or more of the Total Rooms are destroyed and neither Lessor nor Lessee elects to terminate this Lease as permitted under the foregoing Section 1 of this Article VIII, the Premises shall be repaired or reconstructed (which for purposes of this Article VIII shall include refurnishing and re-equipping destroyed Furnishings) in accordance with subparagraphs (a) through (c) hereof as speedily as possible at Lessor's sole cost and expense (but only if insurance proceeds are sufficient for such purposes); such repairs or reconstruction shall conform to all applicable laws, ordinances and regulations and be at least comparable to the quality of the original improvements; provided, however, that if this Lease is not terminated under Section 1 of this Article VIII, the proceeds of any insurance payable as a result thereof shall be applied toward the reconstruction of the Premises, and if such proceeds are insufficient to complete such reconstruction, Lessee shall be obligated to provide the additional funds for the reconstruction, and this Lease shall remain in full force and effect. If Lessee does not provide such additional funds for reconstruction, Lessor shall, at its sole option, have the right to terminate this Lease.

Related to Other Destruction

  • Return or Destruction (a) As requested by the Furnishing Party during the Agreement Term, the Receiving Party will return or provide the Furnishing Party a copy of any designated Confidential Information of the Furnishing Party.

  • Damage or Destruction (a) If (i) the Premises Site shall be damaged to the extent of more than twenty-five percent (25%) of the cost of replacement thereof, respectively, or (ii) the proceeds of Landlord’s insurance recovered or recoverable as a result of the damage shall be insufficient to pay fully for the cost of replacement of the Premises and the Building in which they are located and Tenant is unwilling to make up such insufficiency, or (iii) the Premises or said Building shall be damaged as a result of a risk which is not covered by Landlord’s insurance, or (iv) the Premises shall be damaged in whole or in any part during the last one (1) year of the Lease term or of any renewal term hereof or (v) the Building of which the Premises are a part shall be damaged to the extent of fifty percent (50%) or more of the cost of replacement thereof, whether or not the Premises shall be damaged; then in any such event Landlord, in its sole discretion, may terminate this Lease by notice given within sixty (60) days after such event and upon the date specified in such notice, which shall not be less than thirty (30) days nor more than sixty (60) days after the giving of said notice, this Lease shall terminate and come to an end, and Tenant shall vacate and surrender the Premises to Landlord. If this Lease shall not be canceled and if the repair or restoration shall take one hundred eighty (180) days or more, Landlord shall notify Tenant within sixty (60) days from the damage or destruction and Tenant shall have twenty (20) days from receipt of said notification to terminate this Lease by delivering written notice to Landlord within said twenty (20) day period. Following the casualty an equitable abatement of the rent and additional charges shall be allowed based upon the extent to which Tenant’s use of the Premises is diminished from the date when the damage occurred until completion of the repairs or rebuilding or, in the event Landlord or Tenant elects to terminate this Lease, until said date of termination. Notwithstanding the foregoing, Landlord shall not have the right to terminate the Lease if the damage to the Building is (a) due to a risk required to be insured against under Section 13(d) of the Lease or (b) relatively minor (e.g., repair or restoration would cost less than ten percent (10%) of the replacement cost of the Building).

  • Partial Damage or Destruction If, during the Term, any Property shall be totally or partially destroyed but the Facility is not rendered Unsuitable for Its Permitted Use, Tenant shall, subject to Section 10.2.3, promptly restore such Facility as provided in Section 10.2.4.

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