Examples of Substantial Destruction in a sentence
In the event any or all of the District improvements located in or on the Leased Premises shall suffer either Partial or Substantial Destruction at any time during the Term hereof, the Rent due to be paid by Lessee shall be paid to the date of such destruction and shall then be abated to the extent that the Leased Premises are untenantable, so that Lessee shall only be obligated to pay Rent on those portions of the Leased Premises that are tenantable.
Default and Termination 33 19.1 Termination by Seqwater 33 19.2 Termination by the Customer 33 19.3 Termination for Convenience 34 19.4 Substantial Destruction or Damage to Seqwater Property 34 20.
In the event of Partial Damage or Substantial Destruction or a Hazardous Substance Condition for which Lessee is not responsible under this Lease, the Rent payable by Lessee for the period required for the repair, remediation or restoration of such damage shall be abated in proportion to the degree to which Lessee's use of the Premises is impaired, but not to exceed the proceeds received from the Rental Value insurance.
INSURANCE, DAMAGE AND DESTRUCTION AND BONDING 13 8.1 Utility’s Insurance 13 8.2 Agreement Not Affected by Damage or Destruction 13 8.3 Utility’s Obligations – Damage or Partial Destruction 13 8.4 Utility’s Obligations – Complete or Substantial Destruction 13 8.5 Standards of Replacement, Repair or Reconstruction 13 8.6 Right to Repair and Receive Insurance Proceeds 14 8.7 Replacement Insurance 14 9.
If a Substantial Destruction shall occur, then Lessor shall promptly restore the Building, at Lessor’s expense, to the condition which existed immediately prior to the occurrence of such damage, unless Lessor, within one hundred and twenty (120) days after the occurrence of such damage, shall give notice to Lessee of Lessor’s election to terminate this Lease.