Common use of Partial Destruction of Premises Clause in Contracts

Partial Destruction of Premises. If the damage caused as above be only partial and such that the premises can be restored to their then condition within a reasonable time, the Lessor may, at his option, restore the same with reasonable promptness, reserving the right to enter upon the demised premises for the purpose. The Lessor also reserves the right to enter upon the demised premises wherever necessary to repair damage caused by fire or other casualty to the building of which the demised premises is a part, even though effect of such entry be to render the demised premises or a part thereof untenatable. In either event the rent shall be apportioned and suspended during the time the Lessor is in possession, taking into account the proportion of the demised premises rendered untenantable and the duration of the Lessor's possession. If a dispute arises as to the amount of rent due under this clause, Lessee agrees to pay the full amount claimed by Lessor. Lessee shall, however, have the right to proceed by law to recover the excess payment if any.

Appears in 1 contract

Samples: Lease Agreement (Trimedia Entertainment Group Inc)

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Partial Destruction of Premises. If the damage caused as above be is only partial and such that the premises can be restored to their then original condition within a reasonable time, the Lessor may, at his its option, restore the same with reasonable promptness, reserving the right to enter upon the demised premises for the that purpose. The Lessor also reserves the right to enter upon the demised premises wherever whenever necessary to repair damage caused by fire or other casualty to the building of which the demised premises is a part, even though the effect of such entry be is to render the demised premises or a part thereof untenatableof it untenantable. In either event the rent shall be apportioned and suspended during the time the Lessor is in possession, taking into account the proportion of the demised premises rendered untenantable and the duration of the Lessor's possession. If a dispute arises as to regarding the amount of rent due under this clause, Lessee agrees to pay the full amount claimed by Lessor. Lessee shall, however, have the right to proceed by law to recover the excess payment payment, if any.

Appears in 1 contract

Samples: Lease Agreement (Dataram Corp)

Partial Destruction of Premises. If the damage caused as above be only partial and such that the premises can be restored to their then condition within a reasonable time, the Lessor Landlord may, at his option, restore the same with reasonable promptness, : reserving the right to enter upon the demised premises for the that purpose. The Lessor Landlord also reserves the right to enter upon the demised premises wherever whenever necessary to repair damage caused by fire or other casualty to the building of which the demised premises is a part, even though the effect of such entry be to render the demised premises or a part thereof untenatableuntenantable. In either event the rent shall be apportioned and suspended during the time the Lessor Landlord is in possession, taking into account the proportion proposition of the demised premises rendered untenantable and the duration of the LessorLandlord's possession. If a dispute arises as to the amount of rent due under this clause, Lessee Tenant agrees to pay the full amount claimed by LessorLandlord. Lessee Tenant shall, however, have the right to proceed by law to recover the excess payment payment, if any.

Appears in 1 contract

Samples: Sublease Agreement (Oxis International Inc)

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Partial Destruction of Premises. If the damage caused as above be only partial and such that the premises can be restored to their then condition within a reasonable time, the Lessor may, at his option, restore the same with reasonable promptness, reserving the right to enter upon the demised premises for the that purpose. The Lessor also reserves the right to enter upon the demised premises wherever whenever necessary to repair damage caused by fire or other casualty to the building of which the demised premises is a part, even though the effect of such entry be to render the demised premises or a part thereof untenatableuntenantable. In either event the rent shall be apportioned and suspended during the time the Lessor is in possession, taking into account the proportion of the demised premises rendered untenantable and the duration of the Lessor's possession. If a dispute arises as to the amount of rent due under this clause, Lessee agrees to pay the full amount claimed by Lessor. Lessee shall, however, have the right to proceed by law to recover the excess payment payment, if any.

Appears in 1 contract

Samples: Lease Agreement (Strategic Diagnostics Inc/De/)

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