Common use of Partial Destruction of Premises Clause in Contracts

Partial Destruction of Premises. Partial destruction of the leased premises shall not render this lease void or voidable, nor terminate it except as herein provided. If the premises are partially destroyed during the term of this lease, Lessor shall repair them when such repairs can be made in conformity with governmental laws and regulations, within 120 days of the partial destruction. Written notice of the intention of Lessor to repair shall be given to Lessee within 60 days after any partial destruction. Rent will be reduced proportionately to the extent to which the repair operations interfere with the business conducted on the premises by Xxxxxx. If the repairs cannot be made within the time specified above, Lessor shall have the option to make them within a reasonable time and continue this lease in effect with proportional rent rebate to Lessee as provided for herein. If the repairs cannot be made in 180 days, and if Lessor does not elect to make them within a reasonable time, either party shall have the option to terminate this lease. Disputes between Lessor and Lessee relating to provisions of this section shall be arbitrated. The parties shall each select an arbitrator, and the two arbitrators selected shall together select a third arbitrator. The three arbitrators shall determine the dispute, and their decisions shall be binding on the parties. The parties shall divide the costs of arbitration equally between them.

Partial Destruction of Premises. Partial destruction of the leased premises shall not render this lease Lease void or voidable, nor or terminate it except as herein provided. Lessee hereby waives any rights it may have under the provisions of Sections 1932(2) and 1933(4) of the Civil Code. If the premises are partially destroyed during the term of this leaseLease, Lessor shall repair them them, when such repairs can be made in conformity with governmental local, state, and federal laws and regulations, within 120 sixty (60) days of the partial destruction. Written notice of Rent for the intention of Lessor to repair shall be given to Lessee within 60 days after any partial destruction. Rent premises will be reduced proportionately proportionally to the extent to which the repair operations interfere with the normal conduct of Lessee's business conducted on the premises by Xxxxxxpremises. If the repairs cannot be so made within the time specified abovelimited, Lessor shall have has the option to make them within a reasonable time and continue this lease Lease in effect with proportional rent rebate to Lessee lessee as provided for herein. If the repairs cannot be so made in 180 sixty (60) days, and if Lessor does not elect to make them within a reasonable time, either party shall have hereto has the option to terminate this leaseLease. Disputes between Lessor and Lessee relating to the provisions of this section shall be arbitrated. The parties shall each select an arbitrator, and ; the two (2) arbitrators selected shall together select a third another arbitrator. The three (3) arbitrators shall hear and determine the dispute, and their . Their decisions shall be binding on the partiesparties hereto. The parties shall agree to divide the arbitration costs of arbitration equally between them.

Partial Destruction of Premises. Partial destruction of the leased premises shall not render this lease void or voidable, nor terminate it except as herein provided. If the premises are partially destroyed during the term of this lease, Lessor shall repair them when such repairs can be made in conformity with governmental laws and regulations, within 120 ninety (90) days of the partial destruction. Written notice of the intention of Lessor to repair shall be given to Lessee within 60 ten (10) days after any partial destruction. Rent will be reduced proportionately proportionality to the extent to which the repair operations interfere with the business conducted on the premises by Xxxxxx. If the repairs cannot be made within the time specified above, above Lessor shall have the option to make them within a reasonable time and continue this lease in effect with proportional rent rebate to Lessee as provided for herein. If the repairs cannot be made in 180 ninety (90) days, and if Lessor does not elect to make them within a reasonable time, either party shall have the option to terminate this lease. Disputes between Lessor and Lessee relating in relation to provisions of this section shall be arbitrated. The parties shall each select an arbitrator, and the two arbitrators selected shall together select a third arbitrator. The three arbitrators shall determine the dispute, and their decisions shall be binding on the parties. The parties shall divide the costs cost of arbitration equally between them.

Partial Destruction of Premises. Partial destruction of the leased premises shall not render this lease Lease void or voidable, nor or terminate it except as herein provided. Lessee hereby waives any rights it may have under the provisions of Sections 1932(2) and 1933(4) of the Civil Code. If the premises are partially destroyed during the term of this leaseLease, Lessor shall repair them them, when such repairs can be made in conformity with governmental local, state, and federal laws and regulations, within 120 sixty (60) days of the partial destruction. Written notice of Rent for the intention of Lessor to repair shall be given to Lessee within 60 days after any partial destruction. Rent premises will be reduced proportionately proportionally to the extent to which the repair operations interfere with the normal conduct of Xxxxxx's business conducted on the premises by Xxxxxxpremises. If the repairs cannot be so made within the time specified abovelimited, Lessor shall have has the option to make them within a reasonable time and continue this lease Lease in effect with proportional rent rebate to Lessee lessee as provided for herein. If the repairs cannot be so made in 180 sixty (60) days, and if Lessor does not elect to make them within a reasonable time, either party shall have hereto has the option to terminate this leaseLease. Disputes between Lessor and Lessee relating to the provisions of this section shall be arbitrated. The parties shall each select an arbitrator, and ; the two (2) arbitrators selected shall together select a third another arbitrator. The three (3) arbitrators shall hear and determine the dispute, and their . Their decisions shall be binding on the partiesparties hereto. The parties shall agree to divide the arbitration costs of arbitration equally between them.

Partial Destruction of Premises. Partial destruction of the leased premises shall not render this lease Lease void or voidable, nor or terminate it except as herein provided. If the premises are partially destroyed during the term of this leaseLease, Lessor LESSOR shall repair them them, when such repairs can be made in conformity with governmental local, state and federal laws and regulations, within 120 days of the partial destruction. Written notice of Rent for the intention of Lessor to repair shall be given to Lessee within 60 days after any partial destruction. Rent premises will be reduced proportionately to the extent to which the repair operations interfere with the business conducted on normal conduct of LESSEE’S use of the premises by Xxxxxxpremises. If the repairs cannot be so made within the time specified abovelimited, Lessor shall have LESSOR has the option to make them within a reasonable time and continue this lease Lease in effect with proportional rent rebate to Lessee LESSEE as provided for herein. If the repairs cannot be so made in 180 120 days, and if Lessor LESSOR does not elect to make them within a reasonable time, either party shall have hereto has the option to terminate this leaseLease. If the building in which the leased premises are located is more than one-third (1/3) destroyed, LESSOR may at LESSOR’S option terminate the Lease whether the premises are injured or not. Disputes between Lessor LESSOR and Lessee LESSEE relating to the provisions of this section shall be arbitrated. The parties shall each select an arbitrator, and ; the two arbitrators selected shall together select a third arbitrator. The ; and the three arbitrators shall hear and determine the dispute, and their . Their decisions shall be binding on the partiesparties hereto. The parties shall agree to divide the arbitration costs of arbitration equally between them.