Reconstruction Delays means: (i) any delays caused by the insurance adjustment process; (ii) any delays caused by Tenant; and (iii) any delays caused by events of Force Majeure.
Reconstruction Delays means: (i) any delays caused by the insurance adjustment process; (ii) any delays caused by Tenant (that Tenant does not cure within one (1) day after written notice to Tenant identifying the delay); and (iii) any delays caused by events of Force Majeure. If Tenant so elects, then this Lease shall terminate on the date that is thirty (30) days after Tenant delivers such termination notice to Landlord, with the same force and effect as if such day were the last day of the Term of the Lease, unless Landlord substantially completes such restoration on or before the expiration of such thirty (30) day period, in which event Tenant’s election to terminate shall become void.
Reconstruction Delays means: (i) any delays caused by the insurance adjustment process, (ii) any delays caused by Tenant, and (iii) any delays caused by events of Force Majeure. Landlord shall not be liable for any inconvenience or annoyance to Tenant or injury to the business of Tenant resulting in any way from such damage or the repair thereof, except that, subject to the provisions of the next sentence, Landlord shall allow Tenant a fair diminution of Rent on a pet diem basis during the time and to the extent the Premises are untenantable. If the Premises or any other portion of the Building is damaged by fire or other casualty resulting from the fault or gross negligence of Tenant or any of Tenant's agents, employees, or contractors, the Rent hereunder shall not be diminished during any period during which the Premises, or any portion thereof, is untenantable, and Tenant shall be liable to Landlord for the cost of the repair and restoration of the Building caused thereby to the extent such cost and expense is not covered by insurance proceeds. Landlord and Tenant hereby waive the provisions of any law from time to time in effect during the Lease Term relating to the effect upon leases of partial or total destruction of leased property. Landlord and Tenant agree that their respective rights in the event of any damage to or destruction of the Premises shall be those specifically set forth herein.
Examples of Reconstruction Delays in a sentence
If LANDLORD fails to complete the rebuilding or restoration within 60 days following the estimated date of completion set forth in the Repair Estimate, which date will be extended to the extent of any Reconstruction Delays (hereinafter defined), A&M SYSTEM will have the right to terminate this Lease by written notice delivered to LANDLORD within 15 days following the end of that 60-day period, as may be extended, but in any event prior to LANDLORD’s substantial completion of the required restoration.
More Definitions of Reconstruction Delays
Reconstruction Delays means: (i) any delays caused by Tenant, and (ii) any delays caused by events of Force Majeure. Notwithstanding the foregoing, Landlord's obligation to restore the Building, and the Leasehold improvements, if any, shall not require Landlord to expend for such repair and restoration work more than the insurance proceeds actually received by the Landlord as a result of the casualty. When repairs to the Premises have been completed by Landlord, Tenant shall complete the restoration or replacement of all Tenant's Property necessary to permit Tenant's reoccupancy of the Premises, and Tenant shall present Landlord with evidence satisfactory to Landlord of Tenant's ability to pay such costs prior to Landlord's commencement of repair and restoration of the Premises. Landlord shall not be liable, for any inconvenience or annoyance to Tenant or injury to the business of Tenant resulting in any way from such damage or the repair thereof, except that Landlord shall allow Tenant a fair diminution of Rent on a per diem basis during the time and to the extent the Premises are untenantable. Notwithstanding the, foregoing, if the Premises or any other portion of the Building is damaged by fire or other casualty resulting from the fault or negligence of Tenant or any of Tenant's agents, employees, or contractors, Tenant shall only be entitled to a diminution of Rent to the extent that such Rent is reimbursed to Landlord through rental interruption insurance maintained by Landlord. Landlord and Tenant hereby waive the provisions of any law from time to time in effect during the Lease Term relating to the effect upon leases of partial or total destruction of leased property. Landlord and Tenant agree that their respective rights in the event of any damage to or destruction of the Premises shall be those specifically set forth herein.
Reconstruction Delays means: (i) any delays caused by the insurance adjustment process; (ii) any delays caused by A&M SYSTEM; and (iii) any delays caused by events of force majeure. Notwithstanding the foregoing, either party may terminate this Lease if the Premises are damaged during the last year of the Term and LANDLORD reasonably estimates that it will take more than one month to repair such damage..
Reconstruction Delays means" (i) any delays caused by Tenant, and (ii) any delays caused by events of Force Majeure, provided that Landlord shall only be entitled to claim Force Majeure delays of which Landlord has provided Tenant written notice. Such termination shall be effective as of the date of fire or casualty, with respect to any portion of the Premises that was rendered untenantable or inaccessible, and the effective date of termination specified in Tenant's notice, with respect to any portion of the Premises that remained tenantable and accessible.
Reconstruction Delays means: (i) any delays caused by the insurance adjustment process; (ii) any delays caused by Tenant; and (iii) any delays caused by events of force majeure but shall not include any Landlord caused delays or delays reasonably preventable by Landlord. (c) The rental to be paid under this Lease shall be abated in the same proportion that the floor area of the Premises that is rendered unusable by the damage from time to time bears to the total floor area of the Premises unless, because of any such damage, the undamaged portion of the Premises is made materially unsuitable for use by Tenant for the uses set forth in this Lease, in which event the rental to be paid under this Lease shall be proportionately abated during such period of deprivation. (d) Notwithstanding the provisions of subsections (a), (b) and (c) of this Section, but subject to Section 10.5, Tenant shall not be entitled to rental abatement or termination rights, if the damage is due to the gross negligence or willful misconduct of Tenant or its employees, subtenants, contractors (other than Landlord or its affilitates), invitees or representatives. In addition, the provisions of this Section shall not be deemed to require Landlord to repair any Tenant Installations, fixtures and other items that Tenant is obligated to insure pursuant to Exhibit D or any other provision of this Lease. SECTION 11.2.
Reconstruction Delays means (x) any delays caused by Tenant; and (y) any delays caused by events of force majeure. Rent shall xxxxx on those portions of the Premises as are, from time to time, untenantable as a result of such damage (except fires or casualties resulting from Tenant's fault or neglect). Notwithstanding anything to the contrary herein set forth, Landlord shall have no duty pursuant to this Paragraph 12(c) to repair or restore any portion of the alterations, additions or improvements in the Premises or the decoration thereto except to the extent that such alterations, additions, improvements and decoration were provided by Landlord, at Landlord's cost, at the beginning of the Term.
Reconstruction Delays means any delays caused by Tenant or events of Force Majeure. Notwithstanding the foregoing, each of Tenant (unless the damage was caused by Tenant’s negligence or intentional act) and Landlord may terminate this Lease if the Premises are damaged by a fire or other casualty during the last year of the Term and Landlord reasonably estimates that it will take more than 3 months to repair such damage. Rent shall be abated from the time of a fire or other casualty until Landlord’s repair and restoration obligations are completed by the percentage equal to the area of the Premises that is untenantable, if any, divided by the total area of the Premises. Such abatement shall be the sole remedy of Tenant, and except as provided in this Section, Tenant waives any right to terminate this Lease by reason of damage or casualty loss. Landlord shall not be liable for any inconvenience to Tenant, or injury to Tenant’s business resulting in any way from a fire or other casualty or the repair thereof. Tenant shall not interfere with or delay, and instead cooperate with Landlord, in Landlord’s completion of Landlord’s repair and restoration obligations. Tenant agrees that the terms of this Section shall govern any damage or destruction and shall accordingly supersede any contrary statute or rule of law.
Reconstruction Delays means any delays caused by Tenant, and any delays caused by events beyond Landlord's reasonable control.