Premises Total Destruction Sample Clauses

Premises Total Destruction. The following language replaces the language contained in Paragraph 9.1(b) of the Lease:
Premises Total Destruction. PREMISES BUILDING TOTAL DESTRUCTION; INDUSTRIAL CENTER BUILDINGS TOTAL DESTRUCTION. Subject to the provisions of paragraphs 9.4 and 9.5, if at any time during the term of this Lease there is damage, whether or not it is an Insured Loss, and such damage falls into the classification of (a) Premises Total Destruction, or (b) Premises Building Total Destruction, or (c) Industrial Center Buildings Total Destruction, then Lessor may at its option either (y) repair such damage, but not Lessee's fixtures, equipment, or tenant improvements, as soon as reasonably possible at Lessor's expense, and this Lease shall continue in full force and effect, or (z) give written notice to Lessee within thirty (30) days after the date of occurrence of such damage, of Lessor's intention to cancel and terminate this Lease, in which case this Lease shall be canceled and terminated as of the date of the occurrence of such damage.
Premises Total Destruction. If the Premises Total Destruction that is an Insured or Uninsured Loss occurs, unless solely caused by a negligent or willful act of Tenant (in which event Tenant shall be responsible for any cost of the repairs not covered by insurance proceeds and this Lease shall continue in full force and effect), either Landlord or Tenant may, upon written notice within thirty (30) days following receipt by Tenant of Landlord’s reasonable determination of Total Destruction, terminate this Lease. If the Lease is not terminated by either party, then Landlord shall, at Landlord’s expense, repair such damage (but not Tenant’s Trade Fixtures or Tenant-Owned Alterations and Utility Installations) as soon as reasonably possible, but only to the extent of the available insurance proceeds, if any, and the deductibles and this Lease shall continue in full force and effect.
Premises Total Destruction. If at any time during the term of this Agreement there is damage to the PREMISES, whether or not it is an Insured Loss, and which falls into the classifications of Premises Total Destruction, then LESSOR may at LESSOR’S option either (i) repair such damage or destruction (but not LESSEE’S fixtures, equipment or improvements) as soon as reasonably possible at LESSOR’S expense, and this Lease shall continue in full force and effect, or (ii) give written notice to LESSEE within thirty (30) days after the date of occurrence of such damage of LESSOR’S intention to cancel and terminate this Agreement, in which case this Agreement shall be cancelled and terminated as of the date of the occurrence of such damage; provided, however, that in the event of cancellation of this Agreement, LESSOR shall provide LESSEE with alternative housing as soon thereafter as reasonably possible, for the balance of the school year, at another school site or LESSOR-owned property that best meets LESSEE’s needs and the requirements of Education Code section 47614, considering the availability of alternative properties at the time the total destruction arises. LESSOR shall use best efforts to provide alternative housing for LESSEE’s entire student population, if possible. In no event shall LESSOR be required to provide LESSEE with facilities that are not owned by LESSOR or to compensate LESSEE for funds expended by LESSEE seeking private, alternative housing.
Premises Total Destruction. Premises Building Total Destruction; Industrial
Premises Total Destruction. Paragraph 53 is hereby amended and restated to include the following language as the final sentence of this paragraph:
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Premises Total Destruction. If at any time during the term of this Lease there is damage that falls into the classification of Premises Total Destruction (including, but not limited to, destruction required by any authorized public authority), this Lease shall automatically terminate and the rent shall be abated during the unexpired portion of the term of this Lease, effective upon the date, following such casualty or destruction, on which Tenant delivers up to Landlord and surrenders possession of the Leased Premises.
Premises Total Destruction. Notwithstanding any other provision hereof, if Premises Total Destruction occurs (including any destruction required by any authorized public authority), this Lease shall terminate effective the date of the occurrence of destruction of the Premises Total Destruction, whether or not the damage or destruction is an Insured Loss or was caused by a negligent or willful act of Lessee or Lessor.
Premises Total Destruction. 15 9.4 Abatement of Rent, Lessee's Remedies...........................................................15
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