Common use of Total Destruction of Premises Clause in Contracts

Total Destruction of Premises. In the event the Demised Premises are totally destroyed or so damaged by fire or other casualty that, in the opinion of a licensed architect retained by Lessor, the same cannot be repaired and restored within 180 days from the date of such damage or destruction (subject to extensions for delays beyond Lessor’s control) Lessee or Lessor shall have the option to terminate this Lease and the Rent shall xxxxx for the balance of the Term.

Appears in 1 contract

Samples: Lease Agreement (Nocopi Technologies Inc/Md/)

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Total Destruction of Premises. In the event the Demised Premises demised premises are totally destroyed or so damaged by fire or other casualty that, in the opinion of a licensed architect retained by Lessor, the same cannot be repaired and restored within 180 ninety days from the date happening of such damage or destruction (subject to extensions for delays beyond Lessor’s control) Lessee or Lessor injury this lease shall have the option to terminate this Lease absolutely cease and determine, and the Rent rent shall xxxxx for the balance of the Termterm.

Appears in 1 contract

Samples: Lease Agreement (Lithium Technology Corp)

Total Destruction of Premises. In the event the Demised Premises are totally destroyed or so damaged by fire or other casualty that, in the opinion of a licensed architect retained by Lessor, the same cannot be repaired and restored within 180 ninety days from the date happening of such damage or destruction (subject to extensions for delays beyond Lessor’s control) injury Lessee or Lessor shall have the option to terminate this Lease lease and the Rent rent shall xxxxx for the balance of the Termterm.

Appears in 1 contract

Samples: Sublease Agreement (Acrodyne Communications Inc)

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Total Destruction of Premises. In the event that the Demised Premises are totally destroyed or are so damaged by fire or other casualty that, that in the opinion of a licensed architect retained by Lessor, the same cannot be repaired and restored within 180 ninety (90) days from the date happening of such damage or destruction (subject to extensions for delays beyond Lessor’s control) Lessee or Lessor shall have the option to terminate injury, this Lease shall absolutely cease and determine and the Rent rent shall xxxxx abate for the balance of the Term.

Appears in 1 contract

Samples: Lease Agreement (Cimnet Inc/Pa)

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