Tenant’s Termination. If over 20% of the Premises is thus taken or sold and Landlord is unable to provide Tenant with comparable replacement premises in the Building, Tenant may terminate this Lease if in Tenant's reasonable judgment the Premises cannot be operated by Tenant in an economically viable fashion because of such partial taking. Such termination by Tenant must be exercised by written notice to Landlord given not later than 60 days after Tenant is notified of the taking of the Premises.
Tenant’s Termination. If the whole of or any substantial part of the Premises is taken by any public authority under the power of eminent domain, or taken in any manner for any public or quasi-public use, so as to render (in Tenant's reasonable judgment) the remaining portion of the Premises unsuitable for the purposes intended hereunder, then the Term will cease as of the day possession will be taken by such public authority and Landlord will make a pro rata refund of any prepaid rent. All damages awarded for such taking under the power of eminent domain or any like proceedings will belong to and be the property of Landlord, Tenant hereby assigning to Landlord its interest, if any, in such award. In the event that fifty percent (50%) or more of the building area or fifty percent (50%) or more of the value of the Office Complex is taken by public authority under the power of eminent domain, then, at Landlord's option, by written notice to Tenant, given within sixty (60) days from the date possession will be taken by such public authority, Landlord may terminate this Lease effective upon a date within ninety (90) days from the date of such notice to Tenant. Tenant will not have the right to terminate this Lease pursuant to the preceding sentence unless (a) the business of Tenant conducted in the portion of the Premises taken cannot in Tenant's reasonable judgment be carried on with substantially the same utility and efficiency in the remainder of the Premises (or any substitute space securable by Tenant pursuant to clause (b) hereof); and (b) Tenant cannot secure substantially similar (in Tenant's reasonable judgment) alternate space upon the same terms and conditions as set forth in this Lease from Landlord in the Office Complex. Any notice of termination will specify the date not less than sixty (60) days after the giving of such notice as the date for such termination.
Tenant’s Termination. If over twenty percent (20%) of the Premises or Parking Facilities is taken or sold, or rendered unusable for its Use, and Landlord is unable to provide Tenant with comparable replacement premises in the Building or parking facilities, as applicable, Tenant may terminate this Lease. Such termination by Tenant must be exercised by written notice to Landlord given not later than 60 days after Tenant is notified of the taking.
Tenant’s Termination. The tenant will have the right to terminate this agreement because of the landlord’s default in the following situations: When the room takes normal wear and tear and thus needs repairing, the landlord shall repair it. After the tenant tells the landlord to repair it during a particular period of time, the landlord fails to repair it. The room is unfit for human habitation, and this will thus endanger the tenant’s life.
Tenant’s Termination. If the whole of or any substantial part of the Premises is taken by any public authority under the power of eminent domain, or taken in any manner for any public or quasi-public use, so as to render (in Tenant’s reasonable judgment) the remaining portion of the Premises unsuitable for the purposes intended hereunder, then the Term will cease as of the day possession will be taken by such public authority and Landlord will make a pro rata refund of any prepaid rent. Subject to Section 12.2 below, all damages awarded for such taking under the power of eminent domain or any like proceedings will belong to and be the property of Landlord, Tenant hereby assigning to Landlord its interest, if any, in such award. In the event that fifty percent (50%) or more of the building area or fifty percent (50%) or more of the value of the Building, or fifty percent (50%) or more of the value of the Office Complex, is taken by public authority under the power of eminent domain, then, at Landlord’s option, by written notice to Tenant, given within thirty (30) days from the effective date of any taking, Landlord may terminate this Lease effective upon a date within ninety (90) days from the date of such notice to Tenant. Any notice of termination will specify the date not less than sixty (60) days after the giving of such notice as the date for such termination.
Tenant’s Termination. If the whole of or a substantial part of the Premises is taken by any public authority under the power of eminent domain, or taken in any manner for any public or quasi-public use, so as to render (in Tenant's reasonable judgment) the remaining portion of the Premises unsuitable for the purposes intended hereunder, then Tenant shall give Landlord written notice within thirty (30) days of receiving notice of the taking and the term of this Lease shall cease as of the day possession shall be taken by such public authority and Landlord shall make a pro rata refund of any prepaid rent. Subject to Section 12.2, all damages awarded for such taking under the power of eminent domain or any like proceedings shall belong to and be the property of Landlord, Tenant hereby assigning to Landlord its interest, if any, in said award. Further, if all or any material part of the Office Complex is taken by public authority under the power of eminent domain, or taken in any manner for any public or
Tenant’s Termination. In the event that any casualty shall occur within one (1) year prior to the expiration of the Lease or any extension thereof, then Tenant shall have the following right to terminate this Lease provided that:
(a) Landlord has been paid a sum from either Tenant or by reason of Tenant's rent insurance equal to the rent which would otherwise accrue until the end of the term, or until the building could be restored, including additional rent items such as taxes and insurance premiums; and
(b) Tenant deposits with Landlord a sum sufficient to fund Landlord's reasonable estimate of the cost of restoration as provided for in Section 7.03; and
(c) For Tenant to exercise its rights hereunder, Tenant must within thirty (30) days after the casualty, elect in writing by notice to Landlord, which notice shall state that Tenant is electing to terminate this Lease. Tenant's election shall only be valid if Tenant pays to Landlord the monies due by Tenant to Landlord under Subparagraphs (a) and (b) above, which must be paid by Tenant to Landlord within ninety (90) days of the date of the casualty (subject to the provisions
Tenant’s Termination. If the whole of or any substantial part of the Premises is taken by any public authority under the power of eminent domain, or taken in any manner for any public or quasi-public use, so as to render (in Tenant’s reasonable judgment) the remaining portion of the Premises unsuitable for the purposes intended hereunder, the Lease Term shall cease as of the day possession shall be taken by such public authority and Landlord shall make a pro rata refund of any prepaid Rent. All damages awarded for such taking under the power of eminent domain or any like proceedings shall belong to and be the property of Landlord, Tenant hereby assigning to Landlord its interest, if any, in said award. Tenant shall not have the right to terminate this Lease pursuant to the first sentence hereof unless the business of Tenant conducted in the portion of the Premises taken cannot in Tenant’s reasonable judgment be carried on with substantially the same utility and efficiency in the remainder of the Premises. Any notice of termination shall specify a date no more than sixty (60) days after the giving of such notice as the date for such termination.
Tenant’s Termination. A. Supplementing Article 23, if Tenant is successful in terminating this Lease because of a substantial breach by Landlord of the covenant contained in such Article, such termination shall be without further obligation or penalty under this Lease.
B. If any occurrence or condition of untenantability not caused by the willful act or negligence of Tenant or Tenant's employees, contractors, agents, subtenants, licensees or invitees, such as events of force majeure, shall prevent Tenant's access to the demised premises or Tenant's effective use of the demised premises for the use stated in Article 64, and if such prevented access or prevented use shall continue uninterrupted for a period of ten (10) business days or longer, then (in addition to any other right that Tenant may have under other provisions of this Lease) Tenant shall have the right, exercisable by written notice to Landlord given within ninety (90) days after the date that such prevented access or prevented use commenced, to terminate this Lease as of a reasonably proximate date without further obligation or penalty under this Lease. This paragraph B shall be deemed to apply to and include events of destruction by fire or other casualty dealt with in Article 48, major overhauls and downtime of elevators dealt with in clause (iv) of Article 54 and conditions of untenantability dealt with in Article 61, but shall not be deemed to apply to Tenant's inability to secure an amendment of the certificate of occupancy for the 521 Building to permit lawful conduct of Tenant's business, which is dealt with in Article 53.
