Common use of Damage Near End of Term Clause in Contracts

Damage Near End of Term. If less than the entirety of the Premises are destroyed or damaged during the last six months of the term of the Lease, Lessor may, at Lessor’s option, cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 9 contracts

Sources: Lease Agreement (Constar International Inc), Lease Agreement (Constar International Inc), Lease Agreement (Constar International Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) 30 days after the date of occurrence of such damage.

Appears in 6 contracts

Sources: Industrial Lease (Conceptus Inc), Standard Industrial Lease (Organic Food Products Inc), Industrial Lease (Antennas America Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months one month of the term of the this Lease, Lessor may, may at Lessor’s option, option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s election to do so within thirty (30) 10 days after the date of occurrence of such damage.

Appears in 3 contracts

Sources: Lease (Local Matters Inc.), Lease Agreement (Local Matters Inc.), Lease (Local Matters Inc.)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six (6) months of the term of the Lease, this Lease Lessor may, may at Lessor’s option, Lessors option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date data of occurrence of such damage.

Appears in 2 contracts

Sources: Standard Commercial Industrial Lease (Imarx Therapeutics Inc), Standard Commercial Industrial Lease (Imarx Therapeutics Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s election to do so within thirty (30) 30 days after the date of occurrence of such damage.

Appears in 2 contracts

Sources: Lease Agreement (Strasbaugh), Standard Industrial Lease (Harvard Bioscience Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially materially destroyed or damaged during the last six Six (6) months of the term of the this Lease, the Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty Thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Industrial Gross Lease (Scanner Technologies Corp)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six (6) months of the term of the Lease, this Lease Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Standard Commercial Industrial Lease (Imarx Therapeutics Inc)

Damage Near End of Term. If less than the entirety of the Premises are destroyed or damaged during the last six (6) months of the term of the Lease, Lessor may, at Lessor’s 's option, cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Lease Agreement (Celldex Therapeutics Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six (6) months of the term of the this Lease, Lessor may, at Lessor’s 's option, cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Lease Agreement (Earth & Ocean Sports Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of or such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Lease (Printpack Inc)

Damage Near End of Term. If less than the entirety of the Premises are destroyed or damaged at any time during the last six twelve (12) months of the term of this Lease there is substantial damage to the LeasePremises, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Lease (Bea Systems Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six (6) months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s its election to do so within thirty (30) days after the date of occurrence of such damage, and Lessor shall have no obligation to repair.

Appears in 1 contract

Sources: Commercial Lease Agreement (Sonic Foundry Inc)

Damage Near End of Term. If less than the entirety of the Premises are destroyed or damaged at any time during the last six twelve ----------------------- (12) months of the term of this Lease including extensions there is substantial damage to the LeasePremises, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Lease (Resonate Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Assignment of Lease (Viador Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, at Lessor’s 's option, cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s election 's option to do so within thirty (30) 30 days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Standard Industrial Lease (First Aviation Services Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six (6) months of the term of the LeaseTerm, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Lease Agreement (Alternative Distribution Systems Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six (6) months of the term of the this Lease, Lessor may, or Lessee may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Industrial Lease (Antennas America Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) 30 days after the date of occurrence of such damage. Said termination shall be mutual.

Appears in 1 contract

Sources: Standard Industrial Lease (Rosetta Inpharmatics Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease lease as of the date of the occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) 30 days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Standard Industrial Lease (Diamond Entertainment Corp)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of this Lease and the Leasesame cannot be repaired within 30 days thereafter, Lessor or Lessee may, at Lessor’s their option, cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) 10 days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Industrial Lease (Antennas America Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to of Lessee of Lessor’s 's election to do so within thirty (30) 30 days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Standard Industrial Lease (J&j Snack Foods Corp)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s 's election to do so within thirty (30) 30 days after the date of occurrence of such damage. Said termination right shall be mutual.

Appears in 1 contract

Sources: Standard Industrial Lease (Rosetta Inpharmatics Inc)

Damage Near End of Term. If less than the entirety of the Premises are partially destroyed or damaged during the last six months of the term of the this Lease, Lessor may, may at Lessor’s option, 's option cancel and terminate this Lease as of the date of occurrence of such damage by giving written notice to Lessee of Lessor’s election 's action to do so within thirty (30) 30 days after the date of occurrence of such damage.

Appears in 1 contract

Sources: Standard Industrial Lease (Uti Corp)