Common use of Total Damage Clause in Contracts

Total Damage. If the Building or the Leased Premises are damaged to such an extent that the Leased Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of the Landlord's architect, cannot be substantially repaired under applicable laws and governmental regulations within ninety (90) days from the date of such casualty (employing normal construction methods without overtime or other premium), then either the Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than ten (10) days after receipt of such architect's opinion (failing which the Landlord shall cause such damage to be repaired at its own expense with all reasonable speed).

Appears in 6 contracts

Samples: Zarlink Semiconductor Inc, Indenture (Newbridge Networks Corp), Indenture (Newbridge Networks Corp)

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Total Damage. If the Building or the Leased Premises are damaged to such an extent that the Leased Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of the Landlord's ’s architect, cannot be substantially repaired under applicable laws and governmental regulations within ninety (90) days from the date of such casualty (employing normal construction methods without overtime or other premium), then either the Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than ten (10) days after receipt of such architect's ’s opinion (failing which the Landlord shall cause such damage to be repaired at its own expense with all reasonable speed).

Appears in 3 contracts

Samples: Indemnity Agreement (Coley Pharmaceutical Group, Inc.), Indenture (VeriChip CORP), Indemnity Agreement (Coley Pharmaceutical Group, Inc.)

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Total Damage. If the Building or the Leased Premises are damaged to such an extent that the Leased Premises are rendered untenantable by damage from fire or other casualty which, in the reasonable opinion of the Landlord's ’s architect, cannot be substantially repaired under applicable laws and governmental regulations within ninety one hundred and eighty (90180) days from the date of such casualty (employing normal construction methods without overtime or other premium), then either the Landlord or Tenant may elect to terminate this Lease as of the date of such casualty by written notice delivered to the other not more than ten (10) days after receipt of such architect's ’s opinion (failing which the Landlord shall cause such damage to be repaired at its own expense with all reasonable speed).

Appears in 1 contract

Samples: Lease Entire Agreement (Mitel Networks Corp)

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