Common use of Damage and Reconstruction Clause in Contracts

Damage and Reconstruction. In the event of damage greater than fifty percent (50%) of the Premises, either Party shall have the right to terminate this Lease.

Appears in 1 contract

Sources: Office Lease (Sportsprize Entertainment Inc/)

Damage and Reconstruction. In the event of damage greater than fifty percent (50%) of the Premises, Premises either Party shall have the right to terminate this Lease.

Appears in 1 contract

Sources: Office Lease (Karma Media Inc)

Damage and Reconstruction. In the event of damage greater than fifty percent (50%) of the Premises, Premises either Party shall have the right to terminate this Lease.

Appears in 1 contract

Sources: Office Lease (Go Online Networks Corp /De/)