Common use of Tenant’s Fault Clause in Contracts

Tenant’s Fault. In the event that the Premises or any portion of the Building are located is damaged as a result of the gross negligence or willful misconduct of the Tenant, Tenant shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating Expenses.

Appears in 4 contracts

Samples: Industrial Lease (Appfolio Inc), Industrial Lease (Appfolio Inc), Industrial Lease (Appfolio Inc)

AutoNDA by SimpleDocs

Tenant’s Fault. In the event that the Premises or any portion of the Building are located is damaged as a result of the gross negligence or willful misconduct breach of the this Lease by Tenant or any of Tenant’s parties, Tenant shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating ExpensesLease.

Appears in 4 contracts

Samples: Industrial Lease (Appfolio Inc), Terms and Conditions (Sientra, Inc.), Terms and Conditions (Sientra, Inc.)

Tenant’s Fault. In If the event that Premises, the Premises Property, or any portion of thereof, are damaged resulting from the Building are located is damaged as a result of the gross negligence or willful misconduct breach of the this Lease by Tenant or any of Tenant’s Parties, Tenant Rent shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall have no right to terminate this Lease as provided in Section 14.1, and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating Expensesproceeds.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Tenant’s Fault. In If the event that Premises, the Premises Property, or any portion of thereof, are damaged resulting from the Building are located is damaged as a result of the gross negligence or willful misconduct breach of the this Lease by Tenant or any of Tenant’s Parties, Tenant Rent shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall have no right to terminate this Lease as provided in Section 15.1, and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating Expensesproceeds.

Appears in 1 contract

Samples: Lease Agreement

Tenant’s Fault. In If the event that Premises, the Premises Property, or any portion of thereof, are damaged resulting from the Building are located is damaged as a result of the gross negligence or willful misconduct breach of the this Lease by Tenant or any of Tenant's Parties, Tenant Rent shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall have no right to terminate this Lease as provided in Section 12.1, and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating Expensesproceeds.

Appears in 1 contract

Samples: NNN Lease

AutoNDA by SimpleDocs

Tenant’s Fault. In the event that the Premises or any portion of the Building are located is damaged as a result of the gross negligence or willful misconduct breach of the this Lease by Tenant or any of Tenant’s parties, Tenant shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating ExpensesLease.

Appears in 1 contract

Samples: Multi Tenant Industrial Lease (Resonant Inc)

Tenant’s Fault. In the event that the Premises or any portion of the Building are located is damaged as a result of the gross negligence or willful misconduct breach of the this Lease by Tenant or any of Tenant’s parties, Tenant shall not have the right to terminate the Lease as set forth above nor shall the Rent be reduced during the repair of such damage. In such event, Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by insurance proceeds from policies of insurance required to be maintained pursuant to the provisions of this Lease and is not otherwise paid by Tenant as part of Operating Expenses.Lease. Landlord’s Initials Tenant’s Initials

Appears in 1 contract

Samples: Lease (Appfolio Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.