Common use of Partial Destruction Clause in Contracts

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) below to cover Tenant’s obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 3 contracts

Samples: Industrial Lease (Sintx Technologies, Inc.), Industrial Lease (Mfic Corp), Encore Capital Group Inc

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Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 3 contracts

Samples: Work Letter Agreement (Simpson Manufacturing Co Inc /Ca/), Office Building Lease (Netsol International Inc), Office Building Lease (High Speed Access Corp)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 2 contracts

Samples: Industrial Lease (AcuNetx, Inc.), Exhibit 10 (Softlink Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, thereof and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, repairs reconstruction and restoration (including proceeds from Tenant and/or Tenant’s Tenants insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) below to cover Tenant’s Tenant s obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), ) then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.. (b)

Appears in 2 contracts

Samples: Early Possession Agreement (Litronic Inc), Early Possession Agreement (Litronic Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twentythirty-five percent (2535%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty twenty (180120) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 2 contracts

Samples: Industrial Lease (Cutter & Buck Inc), Industrial Lease (Cutter & Buck Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its design and quality condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) subparagraph 17.5 below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant Tenant's improvements and any or alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect. Tenant agrees to assist Landlord as required to ensure that such space is returned to its original level of quality and functionality.

Appears in 1 contract

Samples: Single Tenant Lease (Illumina Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one two hundred eighty forty (180240) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Office Building Lease (Monolithic System Technology Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty fifty (180150) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Letter Agreement (New Century Financial Corp)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Genomic Solutions Inc

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(c) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence continue and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Virtual Mortgage Network Inc

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Probusiness Services Inc

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one two hundred eighty seventy (180270) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Lease (Apria Healthcare Group Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and an restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Nanosensors Inc

Partial Destruction. If the Premises or the Building are damaged ------------------- by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty twenty (180120) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient --- to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(dSubsection 20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will shall continue in full force and effect.

Appears in 1 contract

Samples: Lease (Auto by Tel Corp)

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Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations from Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Work Letter Agreement (Virtual Mortgage Network Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.. b)

Appears in 1 contract

Samples: Work Letter Agreement (Thinka Weight Loss Corp)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s Lessor's contractor reasonably estimates in a writing delivered to Landlord Lessor and Tenant Lessee that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord Lessor will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant Lessee and/or Tenant’s Lessee's insurance which Tenant Lessee is required to deliver to Landlord Lessor pursuant to Subparagraph 20(d20(e) below to cover Tenant’s Lessee's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant Lessee is responsible under this Lease), then Landlord Lessor agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Lease (Xcarenet Inc)

Partial Destruction. If the The Premises or the Building are damaged by fire lire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, thereof and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, repaired reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, casualty and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, repairs reconstruction and restoration (including proceeds from Tenant and/or Tenant’s Tenants insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d) below to cover Tenant’s Tenant s obligation for the costs of repair, repair reconstruction and restoration of any portion of the tenant improvements and any alterations for which Tenant is responsible under this Lease), ) then Landlord agrees to commence and proceed diligently with the work of repair, repair reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Litronic Inc

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty twenty (180120) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Alliance Bancshares California

Partial Destruction. If the Premises or any portion of the Building are is damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty ninety (18090) days from the date of such casualty, and Landlord will receive (or would have received if Landlord carried the insurance required of Landlord under this Lease) insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Office Building Lease (Maxwell Technologies Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d19(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Work Letter Agreement (Rainbow Technologies Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may way be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(d20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Letter Agreement (Ijnt Net Inc)

Partial Destruction. If the Premises or the Building are damaged by fire or other casualty to an extent not exceeding twenty-five percent (25%) of the full replacement cost thereof, and Landlord’s 's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the damage thereto may be repaired, reconstructed or restored to substantially its condition immediately prior to such damage within one hundred eighty (180) days from the date of such casualty, and Landlord will receive insurance proceeds sufficient to cover the costs of such repairs, reconstruction and restoration (including proceeds from Tenant and/or Tenant’s 's insurance which Tenant is required to deliver to Landlord pursuant to Subparagraph 20(dsubparagraph 20(e) below to cover Tenant’s 's obligation for the costs of repair, reconstruction and restoration of any portion of the tenant improvements Tenant Improvements and any alterations Alterations for which Tenant is responsible under this Lease), then Landlord agrees to commence and proceed diligently with the work of repair, reconstruction and restoration and this Lease will continue in full force and effect.

Appears in 1 contract

Samples: Work Letter Agreement (Ryland Group Inc)

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