Common use of Rent suspension Clause in Contracts

Rent suspension. 5.7.1 If an Insured Risk damages the Property so that it is Unfit, the Basic Rent will be suspended until: 5.7.1.1 the Landlord has reinstated the Property so that it is no longer Unfit in accordance with this lease; or 5.7.1.2 the Landlord's insurance and/or cover against Loss of Rent ends, whichever is the sooner, but only a fair proportion of the Basic Rent is to be suspended if: 5.7.1.3 the Property is not totally Unfit; or 5.7.1.4 there is a shortfall in the proceeds of the Landlord's insurance because of an act or omission of the Tenant or an Invitee, and the Landlord will repay to the Tenant the appropriate proportion of the Basic Rent paid in advance and referable to a period after the date on which the damage occurred and which would otherwise have been suspended under the terms of this clause. 5.7.2 Any disputes as to the operation of this clause 5.7 are to be referred to arbitration.