Common use of Termination for Damage Clause in Contracts

Termination for Damage. Notwithstanding section 7.1, if damage or destruction which has occurred to the Premises or the Building is such that in the reasonable opinion of Landlord such reconstruction or repair cannot be completed within one hundred twenty (120) days of the happening of the damage or destruction, Landlord may, at its option. terminate this Lease on notice to Tenant given within thirty (30) days after such damage or destruction and Tenant shall immediately deliver vacant possession of the Premises in accordance with the terms of this Lease.

Termination for Damage. Notwithstanding section 7.19.1, if damage or destruction which has occurred that should occur to the Premises or the Building is such that in the reasonable opinion of the Landlord such reconstruction or repair cannot be completed within one hundred twenty (120) days of the happening of the damage or destruction, then the Landlord may, at its option. , terminate this Lease on notice to the Tenant given within thirty (30) days after such damage or destruction and destruction; and, the Tenant shall immediately deliver vacant possession of the Premises in accordance with the terms of this Lease.

Termination for Damage. Notwithstanding section 7.1, if damage or destruction which has occurred to the Premises or the Building is such that in the reasonable opinion of Landlord such reconstruction or repair cannot be completed within one hundred twenty (120) days of the happening of the damage or destruction, either Landlord or Tenant may, at its option. , terminate this Lease on notice to Tenant the other party given within thirty (30) days after such damage or destruction and Tenant shall immediately deliver vacant possession of the Premises in accordance with the terms of this Lease.

Termination for Damage. Notwithstanding section 7.19.0, if xx damage or destruction which has occurred that should occur to the Premises or the Building is such that in the reasonable opinion of the Landlord such reconstruction or repair cannot be completed within one hundred twenty (120) days of the happening of the damage or destruction, then the Landlord may, at its option. , terminate this Lease on notice to the Tenant given within thirty (30) days after such damage or destruction and destruction; and, the Tenant shall immediately deliver vacant possession of the Premises in accordance with the terms of this Lease.