Common use of SUBSTANTIAL UNTENANTABILITY Clause in Contracts

SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or the Building untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, estimate the length of time that will be required to substantially complete the repair and restoration and shall by notice advise Tenant of such estimate (“Landlord’s Notice”). If Landlord estimates that the amount of time required to substantially complete such repair and restoration will exceed one hundred eighty (180) days from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, if all or a substantial portion of the Premises is rendered untenantable, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty (30) days after delivery of Landlord’s Notice, provided that if Landlord so chooses, Landlords Notice may also constitute such notice of termination. In addition, if such damage is to the Premises and occurs during the last twelve (12) months of the Term, either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty by giving written notice thereof to the other within thirty (30) days after the date of such casualty.

Appears in 2 contracts

Samples: Lease (Codexis Inc), Lease (Codexis Inc)

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SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or the Building untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, estimate the length of time that will be required to substantially complete Substantially Complete the repair and restoration and shall by notice advise Tenant of such estimate ("Landlord’s 's Notice"). If Landlord estimates that the amount of time required to substantially complete Substantially Complete such repair and restoration will exceed one hundred eighty (180) days from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, Tenant (but with respect to Tenant only if all or a substantial portion of the Premises is rendered untenantableuntenantable and the time period in excess of one hundred eighty (180) days relates to the repair of the Premises), shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty twenty (3020) days after delivery of Landlord’s 's Notice, provided that if Landlord so chooses, Landlords Landlord's Notice may also constitute such notice of termination. In addition, if such damage is to the Premises and occurs during the last twelve (12) months of the Term, either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty by giving written notice thereof to the other within thirty (30) days after the date of such casualty.

Appears in 1 contract

Samples: Office Lease (Professional Detailing Inc)

SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or either Building in which the Building Premises is located untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, estimate the length of time that will be required to substantially complete the repair and restoration and shall by notice advise Tenant of such estimate ("Landlord’s 's Notice"). If Landlord estimates that the amount of time required to substantially complete such repair and restoration will exceed one hundred eighty (180) days from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, Tenant if all or a substantial portion of the Premises is rendered untenantable, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty twenty (3020) days after delivery of Landlord’s 's Notice, provided that if Landlord so chooses, Landlords Landlord's Notice may also constitute such notice of termination. In addition, if such damage is Notwithstanding any provision of the foregoing to the Premises and occurs during contrary, in the last twelve (12) months event the above-described damage or destruction affects only one of the TermBuildings in which the Premises is located, either then Landlord or Tenant or Landlord shall have the right be entitled to terminate this Lease as only to the extent of the date of such Premises in the Building in which the casualty by giving written notice thereof occurred, and the Lease shall continue in full force and effect to the other within thirty (30) days after extent of the date remainder, if any, of such casualtythe Premises.

Appears in 1 contract

Samples: Lease (Clarent Corp/Ca)

SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or the Building untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, estimate the length of time that will be required to substantially complete the repair and restoration and shall by notice advise Tenant of such estimate (“Landlord’s Notice”). If Landlord estimates that the amount of time required to substantially complete such repair and restoration will exceed one two hundred eighty seventy (180270) days from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, Tenant if all or a substantial portion of the Premises is rendered untenantable, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty twenty (3020) days after delivery of Landlord’s Notice, provided that if Landlord so chooses, Landlords Landlord’s Notice may also constitute such notice of termination. In additionFurther, if such damage in the event that the Building is damaged or destroyed to the Premises and occurs during the last twelve extent of more than twenty-five percent (1225%) months of the Termits replacement cost or to any extent if no insurance proceeds or insufficient insurance proceeds are receivable by Landlord, either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty may elect by giving written notice thereof to the other Tenant given within thirty (30) days after the occurrence of the casualty to terminate this Lease in lieu of so restoring the Premises and Building, in which event this Lease shall terminate as of the date of such casualtydamage.

Appears in 1 contract

Samples: Workletter Agreement (Learning Tree International Inc)

SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or the Building untenantable, Landlord shall, with reasonable promptness within sixty (60) days after the occurrence of such damage, estimate the length of time that will be required to substantially complete Substantially Complete the repair and restoration and shall by notice advise Tenant of such estimate ("Landlord’s 's Notice"). If Landlord estimates that the amount of time required to substantially complete Substantially Complete such repair and restoration will exceed one hundred eighty (180) days from the date such damage occurred, then Landlord, or Tenant if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, if (i) all or a substantial portion of the Premises is rendered untenantableuntenantable or (ii) a substantial portion of the Building is rendered untenantable or the portion directly affects Tenant's access to the Premises or its ability to use the Common Areas, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty twenty (3020) days after delivery of Landlord’s 's Notice, provided that if Landlord so chooses, Landlords Xxxxxxxx's Notice may also constitute such notice of termination. In addition, if such damage is to the Premises and occurs during the last twelve (12) months of the Term, either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty by giving written notice thereof to the other within thirty twenty (3020) days after the date of such casualty.

Appears in 1 contract

Samples: Exhibit Number (Northern Trust Corp)

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SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or the Building untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, estimate the length of time that will be required to substantially complete the repair and restoration and shall by notice advise Tenant of such estimate (“Landlord’s Notice”). If Landlord estimates that the amount of time required to substantially complete such repair and restoration will exceed one hundred eighty (180) days year from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, Tenant if all or a substantial portion of the Premises is rendered untenantable, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty twenty (3020) days after delivery of Landlord’s Notice, provided that if Landlord so chooses, Landlords Landlord’s Notice may also constitute such notice of termination. In additionFurther, if such damage in the event that the Building is damaged or destroyed to the Premises and occurs during the last twelve extent of more than twenty-five percent (1225%) months of the Termits replacement cost or to any extent if no insurance proceeds or insufficient insurance proceeds are receivable by Landlord, either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty may elect by giving written notice thereof to the other Tenant given within thirty (30) days after the occurrence of the casualty to terminate this Lease in lieu of so restoring the Premises and Building, in which event this Lease shall terminate as of the date of such casualtydamage.

Appears in 1 contract

Samples: Office Lease (National Mercantile Bancorp)

SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or either Building in which the Building Premises is located untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, reasonably estimate the length of time that will be required to substantially complete the repair and restoration and shall by notice advise Tenant of such estimate ("Landlord’s 's Notice"). If Landlord estimates that the amount of time required to substantially complete such repair and restoration will exceed one hundred eighty (180) days from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, Tenant if all or a substantial portion of the Premises is rendered untenantable, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty twenty (3020) days after delivery of Landlord’s 's Notice, provided that if Landlord so chooses, Landlords Landlord's Notice may also constitute such notice of termination. In addition, if such provided however, in the event the above-described damage is to or destruction affects only one of the two (2) Buildings in which the Premises and occurs during the last twelve (12) months of the Termis located, either then Landlord or Tenant or Landlord shall have the right be entitled to terminate this Lease as only with respect to the part of the date of such casualty by giving written notice thereof Premises (either the Penobscot Space or the Saginaw Space) in the Building so affected, and the Lease shall continue in full force and effect to the other within thirty (30) days after extent of the date remainder, if any, of such casualtythe Premises.

Appears in 1 contract

Samples: Attornment Agreement (Phone Com Inc)

SUBSTANTIAL UNTENANTABILITY. (a) If any fire or other casualty (whether insured or uninsured) renders all or a substantial portion of the Premises or the Building untenantable, Landlord shall, with reasonable promptness after the occurrence of such damage, estimate the length of time that will be required to substantially complete the repair and restoration and shall by notice advise Tenant of such estimate (“Landlord’s Notice”). If Landlord estimates that the amount of time required to substantially complete such repair and restoration will exceed one hundred eighty (180) days from the date such damage occurred, then Landlord, if Landlord is concurrently terminating the leases of all other tenants in the Building that the Premises are located, or Tenant, if all or a substantial portion of the Premises is rendered untenantable, shall have the right to terminate this Lease as of the date of such damage upon giving written notice to the other at any time within thirty (30) days after delivery of Landlord’s Notice, provided that if Landlord so chooses, Landlords Landlord’s Notice may also constitute such notice of termination. In addition, if such damage is to the Premises and occurs during the last twelve (12) months of the Term, either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty by giving written notice thereof to the other within thirty (30) days after the date of such casualty.

Appears in 1 contract

Samples: Lease (Maxygen Inc)

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