Tenantable Within 180 Days. Except as provided in Section 11.4, if a casualty renders the whole or any material part of the Premises untenantable and Landlord determines in its sole but reasonable discretion that it can make the Premises tenantable within 180 days after the date of the casualty, then Landlord will notify Tenant within 20 Business Days after the date of the casualty that Landlord will repair and restore the Building and the Premises as required by Section 11.6. Notwithstanding anything to the contrary contained herein, in the event that such restoration of the Premises is not substantially completed within 180 days from the date of the casualty, and provided that such delay in substantial completion results from a cause other than Tenant Delay or Force Majeure, then Tenant shall have the right to terminate this Lease by delivering 30 days’ prior written notice to Landlord. In the event the restoration of the Premises is substantially completed within such 30 day period, such right of termination shall be deemed to be void and without effect.
Tenantable Within 180 Days. Except as provided in Section 11.3, if fire or other casualty renders the whole or any material part of the Premises untenantable and Landlord determines (in Landlord’s reasonable discretion) that it can make the Premises tenantable within 180 days after the date of the casualty, then Landlord will notify Tenant that Landlord will repair and restore the Building and the Premises to as near their condition prior to the casualty as is reasonably possible within the 180 day period (subject to delays caused by Tenant or Force Majeure). Landlord will provide the notice within 60 days after the date of the casualty. In such case, the Lease shall remain in full force and effect, but Basic Rent and Tenant’s Share of Operating Expenses for the period during which the Premises are untenantable shall xxxxx pro rata (based upon the Rentable Area of the untenantable portion of the Premises as compared with the Rentable Area of the entire Premises).
Tenantable Within 180 Days. Subject to Section 11.3 (with respect to any casualty damage which occurs during the Build-out Period), if fire or other casualty renders the whole or any material part of the Premises untenantable and Landlord determines (in Landlord’s reasonable discretion) that it can make the Premises tenantable within 180 days after the date of the casualty, then Landlord will notify Tenant that Landlord will within such 180-day period repair and restore the Building and the Premises to as near their condition prior to the casualty as is reasonably possible. Landlord will provide the notice within 60 days after the date of the casualty. In such case, this Lease remains in full force and effect; provided, however, that Basic Rent and Tenant’s Share of Expenses for the period during which the Premises are untenantable will xxxxx pro rata (based upon the rentable area of the untenantable portion of the Premises as compared with the rentable area of the entire Premises). Landlord’s notice will specify the anticipated date the Premises could be made tenantable. If both (a) such anticipated completion date is more than 60 days after the date of Landlord’s notice, and (b) less than 12 months will remain in the Term upon such completion date, then either Landlord or Tenant may elect to terminate this Lease by notifying the other within 15 days after the date of Landlord’s notice, which termination will be effective 60 days after the date of such notice of termination.
Tenantable Within 180 Days. Except as provided in Section 11.3, if fire or other casualty renders the whole or any material part of the Premises untenantable, Landlord shall determine (in Landlord’s reasonable discretion) its best estimate of the period of time which shall be required for the restoration of the Premises to as near their condition prior to the casualty (the “Restoration”). Landlord will provide to Tenant written notice of its estimate within 30 days after the date of the casualty. If Landlord shall reasonably determine that the Restoration can be completed in 180 days, this Lease shall remain in full force and effect, provided: (i) Landlord shall restore the Premises as required pursuant to the terms of Section 11.4 and (ii) the Basic Rent and Tenant’s Share of Operating Expenses for the period during which the Premises are untenantable shall be abated pursuant to the terms and conditions of Section 11.6. If Landlord is unable to complete the Restoration in accordance with this Section 11.1 within the above-described 180 day period (subject to delays caused by Tenant Delays or Force Majeure), Tenant shall receive a credit against the next accruing payments of Basic Rent and Additional Rent due hereunder in an amount equal to two (2) days of Basic Rent and Additional Rent for each one (1) day after the end of the 180 day period until Landlord completes the Restoration. If Landlord has not achieved Substantial Completion of the Restoration within the above-described 180 day period, but only to the extent such delay is not caused by a Tenant Delay or Force Majeure, then Tenant may thereafter, but prior to Substantial Completion of the Restoration, give written notice within ten (10) days after the above-described 180 day period has expired to Landlord of Tenant’s desire to terminate this Lease. If Substantial Completion of the Restoration has not occurred within thirty (30) days after Landlord’s receipt of such notice, Tenant shall have the right to terminate this Lease at any time thereafter, but prior to Substantial Completion of the Restoration. Time is of the essence with respect to Tenant’s termination notice to be delivered pursuant to this Section 11.1, and if Tenant does not deliver such notice within the above-described 10 day period, Tenant will be deemed to have waived its right to terminate this Lease pursuant to this Section 11.1.
Tenantable Within 180 Days. If fire or other casualty shall render the whole or any material portion of the Premises untenantable, and the Premises can reasonably be expected to be made tenantable within one hundred eighty (180) days from the date of such event, then Landlord shall repair and restore the Property and the Premises to as near their condition prior to the fire or other casualty as is reasonably possible within such one hundred eighty (180) day period (subject to delays for causes beyond Landlord's reasonable control) and notify Tenant that it will be doing so, such notice to be mailed within forty-five (45) days from the date of such damage or destruction. In such case, this Lease shall remain in full force and effect, but Rent for the period during which the Premises are untenantable shall be abated prorata, based upon the portion of the Premises which is untenantable; provided, however, if 40% or more of the Premises is untenantable and Tenant discontinues use of all of the Premises, the Rent shall be totally abated until the restoration is complete. If Landlord is required to repair the Premises as aforesaid, said work shall be undertaken and prosecuted with all due diligence and speed.
Tenantable Within 180 Days. If any Casualty renders the whole or any material part of the Premises untenantable and Landlord determines (in Landlord's reasonable discretion) that Landlord can make the whole Premises tenantable within 180 days after the date of the Casualty, then Landlord will promptly restore and repair the Premises. If less than 12 months will remain in the Term upon completion, either Landlord or Tenant may elect to terminate this Lease by notifying the other within 15 days after the date of Landlord's notice, which termination will be effective 30 days after the date of such notice of termination.
Tenantable Within 180 Days. If fire or other casualty shall render the whole or any material portion of the Premises untenantable, Landlord shall obtain an estimate for the time required to rebuild from a reputable licensed contractor, and shall forward the time estimate to Tenant within thirty (30) days from the date of such damage or destruction. If, pursuant to the estimate, the Premises can reasonably be expected to be made tenantable within one hundred eighty (180) days from the date of such event, then Landlord shall repair and restore the Premises and the Office Complex within such one hundred eighty (180) day period. In the event of the foregoing, this Lease shall remain in full force and effect.
Tenantable Within 180 Days. Except as provided in Section 11.4, if a casualty renders the whole or any material part of the Premises untenantable and Landlord determines in its sole but reasonable discretion that it can make the Premises tenantable within 180 days after the date of the casualty, then Landlord will notify Tenant within 20 Business Days after the date of the casualty that Landlord will repair and restore the Building and the Premises as required by Section 11.6. Notwithstanding anything to the contrary contained herein, in the event that such restoration of the Premises is not substantially completed within 180 days from the date of the casualty, and provided that such delay in substantial completion results from a cause other than Tenant Delay or Force Majeure, then Tenant shall have the right to terminate this Lease by delivering 30 days’ prior written notice to Landlord. In the event the restoration of the Premises is substantially completed within such 30 day period, such right of termination shall be deemed to be void and without effect. Notwithstanding the foregoing, if Landlord is unable to substantially complete restoration of the Premises within 180 days from the date of the casualty due to Force Majeure, said 180 day period may be extended for up to an additional 90 days and thereafter if Landlord has failed to substantially complete restoration of the Premises within 270 days from the date of the casualty, whether or not due to Force Majeure, Tenant may terminate this Lease by delivering written notice to Landlord.
Tenantable Within 180 Days. If fire, earthquake, flood or other casualty (collectively, “Casualty”) shall render the whole or any material portion of the Premises untenantable, and the Premises can reasonably be expected to be made tenantable within one hundred eighty (180) days from the date of such event, and Landlord receives insurance proceeds adequate to make the repair then Landlord shall repair and restore the Premises and the Land to as near their condition prior to the Casualty as is reasonably possible within such one hundred eighty (180) [FINAL EXECUTION COPY] -25- 0000 XXXXXXX XXXXXX SMRH:4888-9988-7969.11 Xxxx’s Fashion Lounge, LLC 062923 54RL-374105 DocuSign Envelope ID: 8AD56723-1CA7-49A1-A144-808922A962D5 day period (subject to delays or causes beyond Landlord’s reasonable control) and notify Tenant that it will be doing so, such notice to be mailed within ninety (90) days from the date of such damage or destruction, and this Lease shall remain in full force and effect, but the Rent for the period during which the Premises are untenantable shall be abated pro rata (based upon the portion of the Premises which is untenantable).
Tenantable Within 180 Days. If fire or other casualty shall render the whole or any material portion of the Premises untenantable, and the Premises can reasonably be expected to be made tenantable within one hundred eighty (180) days from the date of such event, then Landlord shall repair and restore the Property and the Premises to as near their condition prior to the fire or other casualty as is reasonably possible within such one hundred eighty (180) day period (subject to delays for causes beyond Landlord's reasonable control) and notify Tenant that it will be doing so, such notice to be mailed within thirty (30) days from the date of such damage or destruction. In such case, this Lease shall remain in full force and effect, but Rent for the period during which the Premises are untenantable shall be abated prorata (based upon the portion of the Premises which is untenantable). If Landlord is required to repair the Premises as aforesaid, said work shall be undertaken and prosecuted with all due diligence and speed.
