Partial Destruction of Premises. A. Partial destruction of the demised premises shall not render this lease agreement void or voidable, nor terminate it except as specifically provided in this lease agreement. If the demised premises are partially destroyed during the term of this lease agreement, lessor shall repair them when such repairs can be made in conformity with governmental laws and regulations, within thirty days of the partial destruction. Written notice of the intention of lessor to repair shall be given to lessee within ten 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 demised premises by lessee. 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 agreement in effect with proportional rent rebate to lessee as provided for in this lease agreement. If the repairs cannot be made in thirty days, and if lessor does not elect to make them within a reasonable time, either party shall have the option to terminate this lease agreement.
Appears in 4 contracts
Samples: Lease Agreement (American Post Tension, Inc.), Lease Agreement (American Post Tension, Inc.), Lease Agreement (American Post Tension, Inc.)
