Common use of Total or Substantial Destruction Clause in Contracts

Total or Substantial Destruction. If the Leased Premises is totally or substantially destroyed by any cause whatsoever, or if the Leased Premises is in a building which is substantially destroyed (even though the Leased Premises is not totally or substantially destroyed), this Lease shall terminate as of the date the destruction occurred. However, if the Leased Premises can be rebuilt within one (1) year after the date of destruction, Landlord may elect to rebuild the Leased Premises at Landlord’s own expense, in which case, this Lease shall remain in full force and effect. Landlord shall notify Tenant of such election within thirty (30) days after the occurrence of the total or substantial destruction.

Total or Substantial Destruction. If the Leased Premises is are totally or substantially destroyed by any cause whatsoever, or if the Leased Premises is in a building which Building is substantially destroyed (even though the Leased Premises is are not totally or substantially destroyed), this the Lease shall terminate as of the date the destruction occurredoccurred regardless of whether Landlord receives any insurance proceeds. However, if the Leased Premises can be rebuilt within one hundred eighty (1180) year days after the date of destruction, Landlord may elect to rebuild the Leased Premises at Landlord’s 's own expense, in which case, this Lease shall remain in full force and effect. Landlord shall notify Tenant of such election within thirty (30) days after the occurrence of the total or substantial destruction. If the destruction was caused by an act or omission of Tenant, Tenant shall pay Landlord the difference between the actual cost of rebuilding and any insurance proceeds received by Landlord.

Total or Substantial Destruction. If the Leased Premises is totally or substantially destroyed by any cause whatsoever, or if the Leased Premises is in a building which is substantially destroyed (even though the Leased Premises is not totally or substantially destroyed), this Lease shall terminate as of the date the destruction occurred. However, if the Leased Premises can be rebuilt within one hundred and twenty (1120) year days after the date of destruction, Landlord may elect to rebuild the Leased Premises at Landlord’s 's own expense, in which case, this Lease shall remain in full force and effect. Landlord shall notify Tenant of such election within thirty (30) days after the occurrence of the total or substantial destruction.

Total or Substantial Destruction. If the Leased Premises is are totally or substantially destroyed by any cause whatsoever, or if the Leased Premises is in a building which Building is substantially destroyed (even though the Leased Premises is not totally or substantially destroyed), this Lease shall terminate as of the date the destruction occurred. However, if the Leased Premises can be rebuilt within one (1) year after the date of destruction, Landlord may elect to rebuild the Leased Premises at Landlord’s Landlords own expense, in which case, this Lease shall remain in full force and effect. Landlord shall notify Tenant of such election within thirty (30) days after the occurrence of the total or substantial destruction.