Suspension of the Rent Sample Clauses

Suspension of the Rent. 5.5.1 If and whenever the Premises or any part of them are damaged or destroyed by one or more of the Insured Risks so that the Premises or any part of them are unfit for occupation or use, and payment of the insurance money is not wholly or partly refused because of any act or default of the Tenant or anyone at the Premises expressly or by implication with his authority and under his control then the provisions of clause 5.5.2 are to have effect 5.5.2 In the circumstances mentioned in clause 5.5.1 the Rent, or a fair proportion of it according to the nature and the extent of the damage sustained, is to cease to be payable until the Premises, or the affected part, have been rebuilt or reinstated so as to render the Premises, or the affected part, fit for occupation and use, or until the end of 3 years from the destruction or damage, whichever period is the shorter, the proportion of the Rent suspended and the period of the suspension to be determined by the Surveyor acting as an expert and not as an arbitrator
AutoNDA by SimpleDocs
Suspension of the Rent. If at any time during the term of the tenancy, the Demised Premises or substantial part thereof shall be destroyed or damaged by fire, water, xxxxx, xxxxxxx, earthquake, insects, explosion, riots, civil commotion, enemy action or other inevitable cause so as to become unfit for use and provided that such destruction or damage shall not have been caused by any act, default or omission of the Tenant or whereby the monies under any policy of the insurance effected by the Landlord shall be irrecoverable, the Rent hereby reserved or a fair and just proportion thereof according to the nature and extent of the destruction or damage sustained shall be suspended and cease to be payable from the date on which the Demised Premises or any part thereof shall be destroyed or damaged as aforesaid and become unfit for use and until the Demised Premises ora substantial part thereof shall have been rendered fit for occupation and use. Any dispute concerning this Clause shall be determined in accordance with the Arbitration Xxx 0000 (Revised 1972).
Suspension of the Rent. If the Property or any part of it is damaged by any risk against which it is insured (or by any risk against which cover is not generally available or is only available on terms making it unreasonable to take out cover) so as to be unfit for occupation the Rent, or a fair proportion of it, shall be suspended until the Property, or the affected part, is fit for occupation. This provision does not apply where payment of any insurance money is wholly or partly refused because of any deliberate act or default of the Tenant or anyone under his control.
Suspension of the Rent. 5.4.1 Events giving rise to suspension If and whenever the Premises or any part of them are damaged or destroyed by one or more of the Insured Risks so that the Premises or any part of them are unfit for occupation or use, are damaged or destroyed so that the Premises or any part of them are unfit for occupation or use, and payment of the insurance money is not wholly or partly refused because of any act or default of the Landlord or anyone at the Premises expressly or by implication with its authority and under its control, then the provisions of clause 5.4.2 are to have effect. 5.4.2 Suspending the Rent In the circumstances mentioned in clause 5.4.1 the Rent, or a fair proportion of it according to the nature and the extent of the damage sustained, is to cease to be payable until the Premises, or the affected part, have been rebuilt or reinstated so as to render the Premises, or the affected part are fit for occupation and use, or un- til the end of one year from the destruction or damage, whichever period is the shorter.
Suspension of the Rent. If and whenever the Building or any part of it is damaged or destroyed by one or more of the Insured Risk (except one against which insurance may not ordinarily be arranged for properties such as the Building unless the Landlord has in fact insured against that risk) so that the Premises are unfit for occupation or use or inaccessible and payment of the insurance money is not wholly or partly refused because of any act or default of the Tenant or anyone at the Building expressly or by implication with its authority then the provisions of clause 5.2 are to have effect.
Suspension of the Rent if the Building or any part of it is at any time during the Term destroyed or damaged by a risk against which insurance has been effected or by an Uninsured Risk under the terms of the Headlease so that the Premises or any part of them are unfit for occupation or use or inaccessible, then, unless the insurance of the Building has been vitiated by the act, neglect or omission of the Tenant or anyone at the Building expressly or by implication with his authority, the Rent and the Service Charge Rent, or a fair proportion of them according to the nature and extent of the damage sustained, are to be suspended and cease to be payable until the Building has been rebuilt or reinstated so as to render the Premises, or the affected part, fit for occupation and use or accessible, or until the end of the period for suspension of the rent provided under the terms of the Headlease, whichever is the shorter the proportion of the Rent and the Service Charge suspended and the period of the suspension to be determined by the Surveyor (acting reasonably) any dispute as to the proportion of the Rent and Service Charge suspended or the period of the suspension to be determined in accordance with the Arbitration Act 1996 by an arbitrator to be appointed by agreement between the Landlord and the Tenant or in default by the President or other proper officer for the time being of the Royal Institution of Chartered Surveyors on the application of either the Landlord or the Tenant.
Suspension of the Rent 
AutoNDA by SimpleDocs

Related to Suspension of the Rent

  • Suspension of Rent If the Property is unfit for occupation and use because of damage by an Insured Risk then (save to the extent that payment of the loss of rent insurance moneys is refused due to the act or default of the Tenant) the Principal Rent (or a fair proportion according to the nature and extent of the damage) shall be suspended until the date on which the Property is again fit for occupation and use.

  • Suspension of Work The Department may, at its sole discretion, suspend any or all activities under the Contract, at any time, when it is in the best interest of the State of Florida to do so. The Customer may suspend a resulting contract or purchase order, at any time, when in the best interest of the Customer to do so. The Department or Customer will provide the Contractor written notice outlining the particulars of the suspension. After receiving a suspension notice, the Contractor must comply with the notice and will cease the performance of the Contract or purchase order. Suspension of work will not entitle the Contractor to any additional compensation. The Contractor will not resume performance of the Contract or purchase order until so authorized by the Department.

  • Suspension of Services We have the right to suspend the benefit of any Credit Union service at any time for reasonable cause. At Our discretion, We also have the right to pay any share draft presented for payment from Your Account after Your Account is closed or suspended and to recover such amount paid from You.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!