Repairs Which Can Be Completed Within Clause Samples

Repairs Which Can Be Completed Within. One (1) Year. Within ninety (90) days of notice to Landlord of such damage or destruction, Landlord shall provide Tenant with notice of its determination of whether the damage or destruction can be repaired within one (1) year of such damage or destruction without the payment of overtime or other premiums. If all such repairs to the Premises and Building can, in Landlord’s reasonable judgment (or if disputed, as determined by arbitration), be completed within twelve (12) months following the date of such damage or destruction without the payment of overtime or other premiums, Landlord shall, at Landlord’s expense, repair the same as soon as reasonably possible and this Lease shall remain in full force and effect and an abatement of the Rent shall be allowed Tenant as provided in General Condition F; provided, however, that if any such repair is not commenced by Landlord within one hundred and twenty (120) days after the occurrence of such damage or destruction or is not or cannot practicably be substantially completed by Landlord within twelve (12) months after the occurrence of such damage or destruction, then in either such event Tenant may, at its option, upon ten (10) days written notice to Landlord, elect to terminate this Lease, effective as of the date of the occurrence of such damage or destruction, and receive all insurance proceeds allocable to Tenant’s Improvements and Alterations.

Repairs Which Can Be Completed Within. One Year. Within sixty (60) days of notice to Lessor of such damage or destruction, Lessor shall provide Lessee with notice of its determination of whether the damage or destruction can be repaired within one (1) year of such damage or destruction without the payment of overtime or other premium. If all repairs to such Premises or Building or Property can, in Lessor's judgment, be completed within one (1) year following the date of notice to Lessor of such damage or destruction without the payment of overtime or other premium, Lessor shall, at Lessor's expense, subject to Section 15.4 below, repair the same to substantially their former condition and this Lease shall remain in full force and effect and a proportionate reduction of Base Rental shall be allowed Lessee (to the extent of the proceeds of rental interruption insurance received by Lessor) for such portion of the Premises as shall be rendered inaccessible or unusable to Lessee, and which is not used by Lessee, during the period of time that such portion is unusable or inaccessible and not used by Lessee. Reviewed: