Building Alterations. If, in order to maintain the Building as an office building or otherwise, Landlord shall be required by any governmental authority to repair, alter, remove, construct, reconstruct, or improve any part or all of the Building or Premises, Tenant's obligations under this Lease will not be affected and Tenant waives all claims for injury, damage, or abatement of rent because of such repair, alteration, removal, construction, reconstruction, or improvement, or lack thereof; provided, however, that if such action by Landlord shall render the Premises partially or wholly unfit for occupancy and if, in Landlord's reasonable estimation, it cannot complete such acts within ninety (90) days, then at the option of Landlord to be exercised by giving written notice to Tenant within sixty (60) days following the date of notice to Landlord by such governmental authority, this Lease shall terminate on the date of such election and Tenant shall immediately surrender the Premises to Landlord. In such event Tenant shall continue to owe and pay rent and other charges up to but not beyond the time of such surrender. If Landlord shall elect not to terminate this Lease as provided above, Landlord and Tenant shall have the same respective rights and obligations as provided above in Sections 4.6(b) and (c), and the provisions of Section 4.6(g) shall apply regardless of whether or not Landlord elects to terminate this Lease.
Appears in 2 contracts
Sources: Office Lease (Integrated Information Systems Inc), Office Lease (Earthlink Inc)
Building Alterations. If, in order to maintain the Building as an office building or otherwise, Landlord shall be required by any governmental authority to repair, alter, remove, construct, reconstruct, or improve any part or all of the Building or Premises, Tenant's obligations under this Lease will not be affected and Tenant waives all claims for injury, damage, damage or abatement of rent because of such repair, alterationalterations, removal, construction, reconstruction, or improvement, or lack thereof; provided, however, that if such action election by Landlord shall render the Premises partially or wholly unfit for occupancy and if, in Landlord's reasonable estimation, it cannot complete such acts within ninety (90) days, then at the option of the Landlord to be exercised by giving written notice to Tenant within sixty (60) days following the date of notice to Landlord by such governmental authority, this Lease shall terminate on the date of such election and Tenant shall immediately surrender the Premises to Landlord. In such event event, Tenant shall continue to owe and pay rent and other charges up to but not beyond the time of such surrender. If Landlord shall elect not to terminate this Lease as provided above, Landlord and Tenant shall have the same respective rights and obligations as provided above in Sections 4.6(bParagraph 5.7(b) and (c), and the provisions of Section 4.6(gParagraph 5.7(g) shall apply regardless of whether or not Landlord elects to terminate this Lease. Landlord reserves the right at all times and from time to time during the Lease Term to redesign, reconstruct and rearrange the appearance and location of all common areas, passage ways, lobbies, entrances and access ways of and to the Building.
Appears in 1 contract
Sources: Lease Agreement (E3 Corp)