Substantial Damage or Destruction Sample Clauses

Substantial Damage or Destruction. If the Premises or any part thereof is damaged or destroyed by fire, explosion, or any other casualty so as to render all or substantially all of the Premises untenable or unfit for Tenant's operation of the Premises hereunder, and, in Tenant's opinion, the Premises cannot be restored to its former condition within thirty (30) days after such damage or destruction, then Tenant may, in its sole discretion, terminate this Lease upon thirty (30) days’ notice to Library. If the Building is sufficiently damaged by fire, explosion or other casualty that substantial reconstruction of the Building is necessary and Library determines, in its sole discretion that reconstruction and restoration is not economically feasible within the Term, then Library may terminate this Lease upon thirty
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Substantial Damage or Destruction. In the event of Substantial Damage or Destruction of the Premises, the Landlord may within sixty (60) days after such damage or destruction and on giving thirty (30) days written notice to the Tenant declare this Lease terminated forthwith and in such event, the Term shall be deemed to have expired and the Tenant shall deliver up possession of the Premises accordingly, rent shall be apportioned and shall be payable up to the date of termination stated in such notice and the Tenant shall be entitled to be repaid by the Landlord any rent paid in advance and unearned or an appropriate portion thereof.
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Substantial Damage or Destruction. In the event of Substantial Damage or Destruction of the Premises or of any other portion of the Building which shall be incapable of being rebuilt or repaired or restored with reasonable diligence within one hundred and eighty (180) days of the happening of such destruction and damage whether or not the Premises be affected thereby, the Landlord may within sixty (60) days after such Substantial Damage or Destruction and on giving thirty (30) days notice to the Tenant declare this Lease terminated forthwith and in such event the Term shall be deemed to have expired and the Tenant shall deliver up possession of the Premises accordingly, Rent shall be apportioned and shall be payable up to the date of termination stated in such notice and the Tenant shall be entitled to be repaid by the Landlord any rent paid in advance and unearned or an appropriate portion thereof.
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Substantial Damage or Destruction. In the event of Substantial Damage or Destruction of the Leased Premises, or of any other portion of the Building, whether or not the Leased Premises be affected thereby, the Town may within sixty (60) days after such damage or destruction and on giving reasonable written notice to the Service Operator as it can to allow the Service Operator to find alternate space, declare this Lease terminated forthwith and in such event, the Term shall be deemed to have expired and the Service Operator shall deliver up possession of the Leased Premises accordingly, rent all be apportioned and shall be payable up to the date of termination stated in such notice and the Service Operator shall be entitled to be repaid by the Town any rent paid in advance and unearned or an appropriate portion thereof.
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Substantial Damage or Destruction. In the event of substantial damage or destruction of the Premises, or of any other portion of the Building which comprises, in aggregate, an area equal to or greater than twenty-five percent (25%) of the Floor Area of those premises in the Building designated for lease (whether leased or not), whether or not the Premises be affected thereby, the Landlord may, within sixty (60) days after such damage or ·destruction and on giving thirty (30) days' written notice to the Tenant, declare this Lease terminated forthwith and, in such event, the Term shall be deemed to have expired and the Tenant shall deliver up possession of the Premises accordingly, Rent shall be apportioned and shall be payable up to the date of termination stated in such notice and the Tenant shall be entitled to be repaid by the landlord any Rent paid in advance and unearned or an appropriate portion thereof. "Substantial damage or destruction" means damage or destruction that, in the opinion of the Architect, requires repair, alteration or reconstruction of the Premises or of such other portion of the Building that cannot be completed within a period of one hundred eighty (180) days from the time of such damage or destruction.
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Substantial Damage or Destruction. 12 13.3 Rebuilding .................................................... 12 13.4 Expropriation ................................................. 12
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Substantial Damage or Destruction. If the Premises are damaged or destroyed, in either case to an extent that repair or replacement costs (as reasonably determined by Lessor) are 50% or more, but less that 90%, of the cost of replacement in the case of total destruction, Lessor may, at its option, (i) by notice to Lessee terminate this Lease as of the date of damage or destruction, in which case Lessor shall have the right to receive the proceeds of any insurance provided under this Lease with respect to that damage or destruction or (ii) require Lessee to repair the damage or replace the destroyed portion of the Premises on the same terms and conditions applicable to partial damage or destruction pursuant to Paragraph 8.1
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Substantial Damage or Destruction. In the event that the Facility is damaged or destroyed by any cause whatsoever (other than an intended demolition, as permitted or contemplated within this License), unless otherwise agreed to by the parties the CRCA shall promptly repair such damage to the limits of the proceeds of insurance that the CRCA is required to maintain pursuant to this License.
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Related to Substantial Damage or Destruction

  • Damage or Destruction If the Premises or the Building is damaged by fire, vandalism, malicious mischief or any other occurrence, unless this Lease shall be terminated as hereinafter provided, Landlord shall diligently proceed to repair or restore the basic Building Shell and all improvements required to be or actually insured by Landlord to the condition in which they existed immediately prior to such destruction or damage, to the extent of the available insurance proceeds plus deductibles (or, if Landlord fails to maintain insurance then to the extent that insurance plus deductibles would have been available had Landlord maintained the required insurance), and subject to delays which may arise by reason of adjustment of loss under insurance policies and delays beyond the reasonable control of Landlord. Tenant shall fully and completely repair or replace any damage to improvements installed by Tenant and any damage to trade fixtures, furniture or equipment. If the Premises are rendered entirely or partially untenantable, the Base Rent shall be reduced by the percentage equal to the percentage of the area of the Premises which is rendered unusable until the Landlord's repairs are completed unless the damage resulted from the actions or omissions of Tenant, Tenant's employees or agents, in which case there shall be no such abatement. If the damage to the Premises or the Building is so extensive that Landlord reasonably estimates that it cannot be repaired within 270 days of the date of damage, Landlord shall so notify Tenant and either party may terminate this Lease within fifteen (15) days after the giving of such notice (provided that if the damage is due to the activities of Tenant, Tenant shall not be entitled to terminate unless the damage cannot be repaired within 360 days of the date of the damage). In the event of such termination Base Rent and other charges shall be adjusted to the date of such damage and Tenant shall thereupon promptly vacate the Premises, the Lease shall terminate and neither party shall have any liability to the other under this Lease for any obligations arising after the termination.

  • Damage or Destruction of Premises (a) If the Premises or any part thereof shall be damaged by fire or other insured casualty, then, subject to the last paragraph of this Section, Landlord shall proceed with diligence, subject to then applicable statutes, building codes, zoning ordinances and regulations of any governmental authority, and at the expense of Landlord (but only to the extent of insurance proceeds made available to Landlord by any mortgagee of the Building and any ground lessor) to repair or cause to be repaired such damage (other than any Initial Tenant Improvements not deemed to be fixtures covered by Landlord’s property insurance and Tenant Work, which Tenant shall promptly commence, and proceed with diligence, to restore). All such repairs made necessary by any act or omission of Tenant shall be made at the Tenant’s expense to the extent that the cost of such repairs are less than the deductible amount in Landlord’s insurance policy. All repairs to and replacements of Tenant Property not deemed to be fixtures covered by Landlord’s property insurance and any Initial Tenant Improvements and Tenant Work shall be made by and at the expense of Tenant. The cost of any repairs performed under this Section by Landlord at Tenant’s request and at Tenant’s expense (including costs of design fees, financing, and charges for administration, overhead and construction management services by Landlord and Landlord’s contractor) shall constitute Additional Rent hereunder. If the Premises or any part thereof shall have been rendered unfit for use and occupation hereunder by reason of such damage, the Base Rent or a just and proportionate part thereof, according to the nature and extent to which the Premises shall have been so rendered unfit, shall be abated until the Premises (except as to Tenant Property, Initial Tenant Improvements not deemed to be fixtures covered by Landlord’s property insurance and any Tenant Work) shall have been restored as nearly as practicable to the condition in which they were immediately prior to such fire or other casualty; and that if and to the extent Landlord shall be unable to collect the insurance proceeds (including rent insurance proceeds) applicable to such damage because of some action or inaction on the part of Tenant, or the employees, licensees or invitees of Tenant, the cost of repairing such damage shall be paid by Tenant and there shall be no abatement of rent. Landlord shall not be liable for delays in the making of any such repairs that are due to government regulation, casualties, and strikes, unavailability of labor and materials, delays in obtaining insurance proceeds, and other causes beyond the reasonable control of Landlord, nor shall Landlord be liable for any inconvenience or annoyance to Tenant or injury to the business of Tenant resulting from delays in repairing such damage. If the Premises or the Building are substantially damaged so as to prevent Tenant from using the Premises for the Permitted Use and the Premises have not been restored to the condition required pursuant to the terms of this Lease within two hundred and seventy (270) days following said casualty (or if such casualty occurs during the last 18 months of the term, within ninety (90) days after the date of such casualty), then Tenant may terminate this Lease upon thirty (30) days written notice to Landlord unless Landlord shall substantially complete such repair and restoration within such thirty (30) day period in which event Tenant’s termination shall be void and of no further force or effect.

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