Common use of Reaffirmation of Lease Clause in Contracts

Reaffirmation of Lease. Upon the occurrence of any damage to, or destruction of the Demised Premises or any portion of the Building other than the Demised Premises which materially and adversely affects Tenant’s use or enjoyment of, or access to, the Demised Premises, and provided that either Tenant does not have the right hereunder to terminate this Lease as a result of such damage or Tenant does have the right hereunder to terminate this Lease, but has elected not to (or has failed to) terminate this Lease as provided herein, Tenant shall, within thirty (30) days after receipt by Tenant of a written request therefor from Landlord, provide Landlord with a written reaffirmation of this Lease, which reaffirmation shall be reasonably acceptable to Tenant including an acknowledgement that Tenant does not have the right to terminate this Lease as a result of such damage or that Tenant had the right to terminate this Lease, but has elected not to (or has failed to) terminate this Lease as herein provided. Tenant may qualify such acknowledgement if and to the extent Tenant may subsequently have the right hereunder to terminate this Lease as a result of Landlord’s failure to cause restoration within the time periods prescribed above.

Appears in 2 contracts

Samples: Deed of Lease Agreement, Deed of Lease Agreement (Newmarket Corp)

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Reaffirmation of Lease. Upon the occurrence of any damage to, or destruction of the Demised Premises or any portion of the Building Project other than the Demised Premises which materially and materially, adversely affects Tenant’s 's use or enjoyment of, or access to, the Demised Premises, and provided that either Tenant does not have the right hereunder to terminate this Lease as a result of such damage or Tenant does have the right hereunder to terminate this Lease, Lease but has elected not to (or has failed to) terminate this Lease as provided herein, Tenant shall, within thirty ten (3010) days Business Days after receipt by Tenant of a written request therefor from Landlord and the receipt by Tenant from Landlord or Landlord's architect, as the case may be, of all notices, elections and other information Tenant may reasonably require in order to make any election permitted under this Article 22, provide Landlord with a written reaffirmation of this Lease, which reaffirmation shall be reasonably acceptable to Tenant including an acknowledgement acknowledgment that Tenant does not have the right to terminate this Lease as a result of such damage or that Tenant had the right to terminate this Lease, Lease but has elected not to (or has failed to) terminate this Lease as herein provided. Tenant may qualify such acknowledgement if and to the extent Tenant may subsequently have the right hereunder to terminate this Lease as a result of Landlord’s failure to cause restoration within the time periods prescribed above.

Appears in 2 contracts

Samples: Lease Agreement (Premiere Global Services, Inc.), Lease Agreement (Premiere Global Services, Inc.)

Reaffirmation of Lease. Upon the occurrence of any damage to, or destruction of the Demised Premises or any portion of the Building other than the Demised Premises which materially and materially, adversely affects Tenant’s use or enjoyment of, or access to, the Demised Premises, and provided that either Tenant does not have the right hereunder to terminate this Lease as a result of such damage or Tenant does have the right hereunder to terminate this Lease, Lease but has elected not to (or has failed to) terminate this Lease as provided herein, Tenant shall, within thirty ten (3010) days after receipt by Tenant of a written request therefor from Landlord and the receipt by Tenant from Landlord or Landlord’s architect, as the case may be, of all notices, elections and other information Tenant may reasonably require in order to make any election permitted under this Section 19, provide Landlord with a written reaffirmation of this Lease, which reaffirmation shall be reasonably acceptable to Tenant including an acknowledgement acknowledgment that Tenant does not have the right to terminate this Lease as a result of such damage or that Tenant had the right to terminate this Lease, Lease but has elected not to (or has failed to) terminate this Lease as herein provided. Tenant may qualify such acknowledgement if and to the extent Tenant may subsequently have the right hereunder to terminate this Lease as a result of Landlord’s failure to cause restoration within the time periods prescribed above.

Appears in 1 contract

Samples: Office Lease Agreement (Worldspan L P)

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Reaffirmation of Lease. Upon the occurrence of any damage to, or destruction of the Demised Premises or any portion of the Building Project other than the Demised Premises which materially and materially, adversely affects Tenant’s 's use or enjoyment of, or access to, the Demised Premises, and provided that either Tenant does not have the right hereunder to terminate this Lease as a result of such damage or Tenant does have the right hereunder to terminate this Lease, Lease but has elected not to (or has failed to) terminate this Lease as provided herein, Tenant shall, within thirty fifteen (3015) days Business Days after receipt by Tenant of a written request therefor from Landlord and the receipt by Tenant from Landlord or Landlord's architect, as the case may be, of all notices, elections and other information Tenant may reasonably require in order to make any election permitted under this Article, provide Landlord with a written reaffirmation of this Lease, which reaffirmation shall be reasonably acceptable to Tenant including an acknowledgement acknowledgment that Tenant does not have the right to terminate this Lease as a result of such damage or that Tenant had the right to terminate this Lease, Lease but has elected not to (or has failed to) terminate this Lease as herein provided. Tenant may qualify such acknowledgement if and to the extent Tenant may subsequently have the right hereunder to terminate this Lease as a result of Landlord’s failure to cause restoration within the time periods prescribed above.

Appears in 1 contract

Samples: Sublease Agreement (CS Disco, Inc.)

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