Common use of Partial Damage - Uninsured Loss Clause in Contracts

Partial Damage - Uninsured Loss. If Premises Partial Damage that Is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense and this Lease shall continue In full force and effect), Lessor may at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, In which event this Lease shall continue In lull force and effect, or

Appears in 2 contracts

Samples: Lease Agreement (Amexdrug Corp), Lease Agreement (Amexdrug Corp)

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Partial Damage - Uninsured Loss. If Premises Partial Damage that Is is not an Insured Loss insured loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense and this Lease shall continue In in full force and effect), Lessor may at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, In which event this Lease shall continue In lull force and effect, or,

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (American Medical Systems Holdings Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that Is is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs repair at Lessee's expense and this Lease shall continue In in full force and effect, but subject to Lessor's rights under Paragraph 13), Lessor may at Lessor's option, either either: (i) repair such damage as soon as reasonably possible at Lessor's expense, In in which event this Lease shall continue In lull in full force and effect, or

Appears in 1 contract

Samples: Standard Industrial/Commercial Single Tenant Lease (Interwave Communications International LTD)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that Is is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense and this Lease shall continue In full force and effectexpense), Lessor may at Lessor's option, either (i) Lessee shall repair such damage as soon as reasonably possible at LessorLessee's expense, In in which event this Lease shall continue In lull in full force and effect. Notwithstanding the foregoing, orLessee shall have until the expiration or earlier Termination of the Term of the Lease to complete the repairs or rebuilding.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /Ca/)

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Partial Damage - Uninsured Loss. If a Premises Partial Damage that Is is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense and this Lease shall continue In full force and effect’s expense), Lessor may at Lessor's option, either either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, In in which event this Lease shall continue In lull in full force and effect, oror (ii) terminate this Lease by giving written notice to Lessee

Appears in 1 contract

Samples: Standard Industrial/Commercial Single Tenant Lease (Prolong International Corp)

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