Common use of Premises Destroyed by Fire Clause in Contracts

Premises Destroyed by Fire. If the premises are destroyed by fire or other casualty, this Lease shall immediately terminate. In case of partial destruction or damage so as to render the premises untenantable, the Lessor may terminate or suspend this Lease by giving written notice to the Lessee within 15 days after such partial destruction or damage, and, if so suspended, no rent shall accrue to the Lessee after the date of such partial destruction or damage until after such damage is repaired and premises are considered tenantable by the Lessor.