Common use of Partial Damage - Insured Clause in Contracts

Partial Damage - Insured. Subject to the provisions of Paragraphs ---------------------- 13.3 and 13.4, if the Premises or the Building, as the case may be, are damaged to the extent of less than seventy-five percent (75%) of the then replacement value thereof (excluding excavations and foundations with respect to the Building), and such damage was caused by an act or casualty covered under an insurance policy required to be maintained pursuant to Paragraph 12.4, and the proceeds of such insurance received by Landlord are sufficient to repair the damage, Landlord shall at Landlord's expense repair such damage as soon as reasonably possible and this Lease shall continue in full force and effect.

Partial Damage - Insured. Subject to the provisions of Paragraphs ---------------------- 13.3 and 13.4, if the Premises or the Building, as the case may be, are damaged to the extent of less than seventy-five percent (75%) of the then replacement value thereof (excluding excavations and foundations with respect to the Building), and such damage was caused by an act or casualty covered under an insurance policy required to be maintained pursuant to Paragraph 12.4, and the proceeds of such insurance received by Landlord are sufficient to repair the damage, Landlord shall at Landlord's expense repair such damage as soon as reasonably possible and this Lease shall continue in full force and effect.

Partial Damage - Insured. Subject to the provisions of ----------------------- Paragraphs ---------------------- 13.3 15.3 and 13.415.4, if the Premises premises or the Buildingbuilding, as the case may be, are damaged to the extent of less than seventy-five eighty percent (7580%) of the then replacement value thereof (excluding excavations and foundations with respect to the Building), and such damage was caused by an act or casualty covered under an insurance policy required to be maintained pursuant to Paragraph 12.414.2(a), and the proceeds of such insurance received by Landlord are sufficient to repair the damage, Landlord shall at Landlord's expense repair such damage as soon as reasonably possible and this Lease shall continue in full force and effect.