Common use of Partial Destruction of Shopping Center Clause in Contracts

Partial Destruction of Shopping Center. In the event that twenty-five percent (25%) or more of the rentable area of the Shopping Center shall be damaged or destroyed by fire or other cause, notwithstanding that the Premises may be unaffected by such fire or other cause, Landlord shall have the right, to be exercised by notice in writing delivered to Tenant within sixty (60) days from and after said occurrence, to elect to cancel and terminate this Lease. Upon the giving of such notice to Tenant, the term of this Lease shall expire by lapse of time upon the third day after such notice is given, and Tenant shall vacate the Premises and surrender the same to Landlord. Nothing in this Section nor any other Section hereof shall be construed as a limitation of Tenant's liability for such occurrence, should such liability otherwise exist.

Partial Destruction of Shopping Center. In the event that twenty-five fifty percent (2550%) or more of the rentable gross leasable area of in the Shopping Center shall be damaged or destroyed by fire or other cause, notwithstanding that the Premises may be unaffected by such fire or other cause, Landlord shall have the righttight, to be exercised by notice in writing delivered to Tenant within sixty (60) days from and after said occurrence, to elect to cancel and terminate this Lease. Upon the giving of such notice to Tenant, the term of this Lease shall expire by lapse of time upon the third (3rd) day after such notice is given, and Tenant shall vacate the Premises and surrender the same to Landlord. Nothing in Landlord pursuant to the terms of this Section nor any other Section hereof shall be construed as a limitation of Tenant's liability for such occurrence, should such liability otherwise existLease.

Partial Destruction of Shopping Center. In the event that twenty-five sixty percent (2560%) or more of the rentable gross leasable area of in the Shopping Center shall be damaged or destroyed by fire or other cause, notwithstanding that the Demised Premises may be unaffected by such fire or other cause, Landlord and Tenant shall have the right, to be exercised by notice in writing delivered to Tenant the other within sixty ninety (6090) days from and after said occurrence, to elect to cancel and terminate this the Lease. Upon the giving of such notice to Tenant, the term of this other the Lease Term shall expire by lapse of time upon the third (3rd) day after such notice is given, and Tenant shall vacate the Demised Premises and surrender the same to Landlord. Nothing in this Section nor any other Section hereof shall be construed as a limitation Landlord pursuant to the terms of Tenant's liability for such occurrence, should such liability otherwise existthe Lease.

Partial Destruction of Shopping Center. In the event that twenty-five fifty percent (2550%) or more of the rentable leasable area of the Shopping Center shall be damaged or destroyed by fire or other cause, notwithstanding that the Premises may be unaffected by such fire or other cause, Landlord Owner shall have the right, to be exercised by written notice in writing delivered to Tenant within sixty (60) days from and after said occurrence, to elect to cancel and terminate this Lease. Upon the giving of such notice to Tenant, the term of this Lease Term shall expire by lapse of time upon the third (3rd) day after such notice is given, and Tenant shall vacate the Premises and surrender the same to Landlord. Nothing Owner in this the condition pursuant to Section nor any other Section hereof shall be construed as a limitation of Tenant's liability for such occurrence, should such liability otherwise exist15.01 herein.

Partial Destruction of Shopping Center. In the event that twenty-five fifty percent (2550%) or more of the rentable area Leasable Floor Area of the Shopping Center shall be damaged or destroyed by fire or other cause, notwithstanding that the Premises may be unaffected by such fire or other cause, Landlord shall have the right, to be exercised by notice in writing delivered to Tenant within sixty (60) days from and after said occurrence, to elect to cancel and terminate this Lease. Upon the giving of such notice to Tenantnotice, the term of this Lease Term shall expire by lapse of time upon the third fifteenth (15th) day after such notice is given, given and Tenant shall vacate the Premises and surrender the same to Landlord. Nothing in this Section nor any other Section hereof shall be construed as a limitation of Tenant's liability for such occurrence, should such liability otherwise exist.