Common use of Damage Near End of Term Clause in Contracts

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 5 contracts

Sources: Office Building Lease (California First National Bancorp), Office Building Lease (Alliance Bancshares California), Office Building Lease (Simpson Manufacturing Co Inc /Ca/)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 5 contracts

Sources: Office Building Lease (Virtual Mortgage Network Inc), Work Letter Agreement (Rainbow Technologies Inc), Office Building Lease (Virtual Mortgage Network Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any material damage to the Premises Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 2 contracts

Sources: Industrial Lease (Cutter & Buck Inc), Industrial Lease (Cutter & Buck Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (hf), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 2 contracts

Sources: Lease Agreement (Softlink Inc), Lease Agreement (Genomic Solutions Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's Landlord s contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (hf), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 2 contracts

Sources: Early Possession Agreement (Litronic Inc), Lease Agreement (Litronic Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's ’s contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (hf), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's ’s contractor's ’s repair estimates.

Appears in 2 contracts

Sources: Industrial Lease (Sintx Technologies, Inc.), Industrial Lease (Mfic Corp)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the building occurs during the last twelve (12) months Months of the Term of this Lease lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (hf), it if shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.. MISSION PARK BUSINESS CENTER

Appears in 1 contract

Sources: Lease Agreement (Nanosensors Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h)subparagraph 17.8, it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Single Tenant Lease (Illumina Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), f) it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Industrial Lease (AcuNetx, Inc.)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve six (126) months of the Term of this Lease (unless Tenant has validly exercised its Option to extend the Term in accordance with Section 3.2 hereof) where Landlord's contractor reasonably estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h)Section 11.7, it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Lease Agreement (Discovery Bancorp)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease (as the Term may have been extended in accordance with Paragraph 41 below) where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Supergen Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any material damage to the Premises Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty thirty (6030) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Lease (Apria Healthcare Group Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) business days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Wave Systems Corp)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty forty-five (6045) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Interplay Entertainment Corp)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's Landlord s contractor estimates in a writing delivered to Landlord and Tenant that the repair, repair reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), f) it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Lease Agreement (Litronic Inc)

Damage Near End of Term. Landlord Lessor and Tenant Lessee shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where LandlordLessor's contractor estimates in a writing delivered to Landlord Lessor and Tenant that Lessee the repair, reconstruction or restoration of such damage cannot be completed complete within sixty (60) days after the date of such casualtycasualty or during the balance of the term. If either party desires to terminate this Lease under this Subparagraph (h1), it shall provide written notice to the other party of such election within ten (10) days after receipt of LandlordLessor's contractor's repair estimates.

Appears in 1 contract

Sources: Lease Addendum (Xcarenet Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease where Landlord's ’s contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's ’s contractor's ’s repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Monolithic System Technology Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (hsubparagraph 20(h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Ryland Group Inc)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph SUBPARAGRAPH (h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Exe Technologies Inc)

Damage Near End of Term. Landlord and Tenant shall each have the ----------------------- right to terminate this Lease if any damage to the Premises or the Building occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (hSubsection 20(h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Sublease Agreement (Auto by Tel Corp)

Damage Near End of Term. Landlord and Tenant shall each have the right to terminate this Lease if any damage to the Premises occurs during the last twelve (12) months of the Term of this Lease where Landlord's contractor estimates in a writing delivered to Landlord and Tenant that the repair, reconstruction or restoration of such damage cannot be completed within sixty (60) days after the date of such casualty. If either party desires to terminate this Lease under this Subparagraph (h20(h), it shall provide written notice to the other party of such election within ten (10) days after receipt of Landlord's contractor's repair estimates.

Appears in 1 contract

Sources: Office Building Lease (Netsol International Inc)