Common use of Partial Damage - Uninsured Loss Clause in Contracts

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 45 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease (Sugarmade, Inc.), Standard Industrial/Commercial Single Tenant Lease (Diversified Opportunities, Inc.), Standard Industrial/Commercial Single Tenant Lease (Cii Financial Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expenseexpense and this Lease shall continue in full force and effect), Lessor may either: at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 35 contracts

Sources: Lease Agreement (Sunrise Telecom Inc), Multi Tenant Industrial Lease (Carbite Golf Inc), Lease Agreement (Air Packaging Technologies Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expenseexpense and this Lease shall continue in full force and effect, but subject to Lessor's rights under Paragraph 13), Lessor may at Lessor's option, either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date giving of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making such following Lessee's said commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after and the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 29 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease (Spectratek Technologies Inc), Lease Agreement (Eroom System Technologies Inc), Standard Industrial/Commercial Single Tenant Lease Net (Burke Industries Inc /Ca/)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 28 contracts

Sources: Net Lease (Dave Inc./De), Standard Multi Tenant Office Lease Gross (Ventyx Biosciences, Inc.), Standard Multi Tenant Office Lease Gross (Ventyx Biosciences, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 21 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease, Asset Purchase Agreement (Item 9 Labs Corp.), Assignment of Lease (Vital Therapies Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expenseexpense and this Lease shall continue in full force and effect), Lessor may either: may, at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 12 contracts

Sources: Lease Agreement (Mossimo Inc), Lease Agreement (Elitra Pharmaceuticals Inc), Lease Agreement (Medibuy Com Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that Subject to the provisions of Paragraphs 9.4, 9.5 and 9.6, if at any time during the term of this Lease there is damage which is not an Insured Loss occursand which falls within the classification of Premises Partial Damage or Premises Building Partial Damage, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: at Lessor's option either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor the date of knowledge the occurrence of such damage of Lessor's intention to cancel and terminate this Lease, as of the date of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to cancel and terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment intention to pay for the repair of such damage at Lessee's expense, without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such , in which event this Lease shall continue in full force and effect, and Lessor Lessee shall proceed to make such repairs as soon as reasonably possible after the required funds are availablepossible. If Lessee does not make the required commitment, give such notice within such 10-day period this Lease shall terminate be cancelled and terminated as of the date specified in of the termination noticeoccurrence of such damage.

Appears in 11 contracts

Sources: Standard Industrial Lease (Primex Technologies Inc), Standard Industrial Lease (Transgenomic Inc), Standard Office Lease (Immecor Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 8 contracts

Sources: Sublease (Digirad Corp), Standard Industrial/Commercial Single Tenant Lease (Saflink Corp), Standard Industrial/Commercial Single Tenant Lease (Dolby Laboratories, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee▇▇▇▇▇▇'s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee ▇▇▇▇▇▇ does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 6 contracts

Sources: Industrial/Commercial Multi Tenant Lease (Liquidmetal Technologies Inc), Standard Multi Tenant Office Lease (America Great Health), Standard Multi Tenant Office Lease (America Great Health)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 5 contracts

Sources: Standard Industrial/Commercial Multi Tenant Lease (Exagen Inc.), Standard Multi Tenant Office Lease (Energy Vault Holdings, Inc.), Standard Multi Tenant Office Lease (America Great Health)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expenseexpense and this Lease shall continue in full force and effect), Lessor may either: at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 5 contracts

Sources: Lease Agreement (Pacific Sunwear of California Inc), Lease Agreement (Pacific Biometrics Inc), Lease Agreement (Anda Networks Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that Subject to the provisions of Paragraphs 9.4, 9.5 and 9.6, if at any time during the term of this Lease there is damage which is not an Insured Loss occursand which falls within the classification of Premises Partial Damage or Premises Building Partial Damage, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: at Lessor's option either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor the date of knowledge the occurrence of such damage of Lessor's intention to cancel and terminate this Lease, as of the date of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to cancel and terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment intention to pay for the repair of such damage at Lessee's expense, without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such , in which event this Lease shall continue in full force and effect, and Lessor Lessee shall proceed to make such repairs as soon as reasonably possible after the required funds are availablepossible. If Lessee does not make the required commitment, give such notice within such 10-day period this Lease shall terminate be canceled and terminated as of the date specified in of the termination noticeoccurrence of such damage.

Appears in 5 contracts

Sources: Office Lease (Decrane Aircraft Holdings Inc), Standard Industrial Lease (Advanced Aerodynamics & Structures Inc/), Standard Industrial Lease (Optical Access Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense’s expense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 5 contracts

Sources: Lease Agreement (Social Capital Suvretta Holdings Corp. I), Standard Industrial/Commercial Multi Tenant Lease Gross (Social Capital Suvretta Holdings Corp. I), Standard Industrial/Commercial Multi Tenant Lease Net (Cue Health Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expenseexpense and this Lease shall continue in full force and effect), Lessor may either: at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, . Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Artest Corp), Purchase and Sale Agreement (Artest Corp), Sublease Agreement (Artest Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expenseExpense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (iiI) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not doe snot make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 3 contracts

Sources: Lease Agreement (Cumetrix Data Systems Corp), Standard Industrial/Commercial Single Tenant Lease Gross (Cumetrix Data Systems Corp), Lease Agreement (Cumetrix Data Systems Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effecteffect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after aGer receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after aGer receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after aGer making such commitment. In such event this Lease shall continue in full force and effecteffect, and Lessor shall proceed to make such repairs as soon as reasonably possible after aGer the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified specified in the termination notice.

Appears in 3 contracts

Sources: Lease Agreement, Standard Industrial/Commercial Multi Tenant Lease Net, Standard Multi Tenant Office Lease Net

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) if the uninsured loss exceeds $500,000 terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Future Media Productions), Standard Industrial/Commercial Single Tenant Lease Net (Future Media Productions)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after and the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Lease Agreement (Equinix Inc), Lease Agreement (Equinix Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty sixth (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease (Dippy Foods Inc), Standard Industrial/Commercial Single Tenant Lease (Dippy Foods Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) will repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Industrial/Commercial Multi Tenant Lease (Genelux Corp), Industrial/Commercial Multi Tenant Lease (Genelux Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effecteffect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effecteffect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Multi Tenant Lease Net (International Stem Cell CORP), Standard Industrial/Commercial Multi Tenant Lease Gross

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee Tenant (in which event Lessee Tenant shall make the repairs at Lessee's Tenant’s expense), Lessor Landlord may either: (ia) repair such damage as soon as reasonably possible at Lessor's Landlord’s expense, in which event this Lease shall continue in full force and effect, or (iib) terminate this Lease by giving written notice to Lessee Tenant within thirty (30) days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor Landlord elects to terminate this Lease, Lessee Tenant shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor Landlord of Lessee's Tenant’s commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Lessee Tenant shall provide Lessor Landlord with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall proceed to make such repairs 60447235.v9 as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Lease Agreement (Astra Space, Inc.), Lease Agreement (Astra Space, Inc.)

Partial Damage - Uninsured Loss. If It a Premises Partial Damage that is Is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (iI) repair such damage as soon as reasonably possible at Lessor's expense, in In which event this Lease shall shell continue in full force and effect, or (iiIt) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. , Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Multi Tenant Lease, Standard Industrial Commercial Multi Tenant Lease Net (American Consolidated Management Group Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee Tenant, including lack of maintenance and repair (in which event Lessee Tenant shall make the repairs at LesseeTenant's expense), Lessor Landlord may either: (i) repair such damage as soon as reasonably possible at LessorLandlord's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee Tenant within thirty (30) 30 days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor Landlord elects to terminate this Lease, Lessee Tenant shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor Landlord of LesseeTenant's commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Lessee Tenant shall provide Lessor Landlord with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Lease Agreement (Tarrant Apparel Group), Lease Agreement (Tarrant Apparel Group)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, . Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as as, soon as reasonably possible after the required funds are available. If It Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease Net (SMTC Corp), Lease Agreement (SMTC Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may at Lessor's option, either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 2 contracts

Sources: Lease Agreement (Formfactor Inc), Standard Industrial/Commercial Multi Tenant Lease (Formfactor Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee Tenant (in which event Lessee Tenant shall make the repairs at LesseeTenant's expense), Lessor Landlord may either: (i) repair such damage as soon as reasonably possible at LessorLandlord's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee Tenant within thirty (30) 30 days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor Landlord elects to terminate this Lease, Lessee Tenant shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor Landlord of LesseeTenant's commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Lessee Tenant shall provide Lessor Landlord with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Lease Net (Fortunet, Inc.), Standard Industrial/Commercial Multi Tenant Lease Net (Fortunet, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease Lessee by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease Net (California Amplifier Inc), Standard Industrial/Commercial Single Tenant Lease Net (Somera Communications Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occursoccurs to the Building, unless caused by a negligent or willful act of Lessee (in which event Lessee shall will make all the repairs at Lessee's ’s expense), Lessor may either: (ia) repair such the damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall will continue in full force and effect, ; or (iib) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such the damage. Such The termination shall will be effective sixty (60) 60 days following the date of such the notice. In the event If Lessor elects to terminate this Lease, Lessee shall will have the right within ten (10) 15 days after receipt of the termination notice to give written notice to Lessor of Lessee's L▇▇▇▇▇’s commitment to pay for the repair of such the damage without reimbursement from LessorL▇▇▇▇▇. Lessee shall will provide Lessor with said the funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event that event, this Lease shall will continue in full force and effect, and Lessor shall L▇▇▇▇▇ will proceed to make such repairs the repair as soon as reasonably possible after the required funds are available. If Lessee L▇▇▇▇▇ does not make the required commitment, this Lease shall will terminate as of the date specified in the termination notice. If the uninsured damage was caused by the negligence or misconduct of Lessee, Lessor will have the right to recover L▇▇▇▇▇’s full damages from Lessee.

Appears in 2 contracts

Sources: Commercial Lease (Grown Rogue International Inc.), Commercial Lease (Grown Rogue International Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds saidfunds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Multi Tenant Lease (Essxsport Corp), Standard Industrial/Commercial Multi Tenant Lease (Essxsport Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee Tenant (in which event Lessee Tenant shall make reimburse Landlord for the repairs at Lessee's expensecost of the repairs), Lessor Landlord may either: (i) repair such damage as soon as reasonably possible at Lessor's Landlord’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee Tenant within thirty (30) days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor Landlord elects to terminate this Lease, Lessee Tenant shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor Landlord of Lessee's Tenant’s commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Lessee Tenant shall provide Lessor Landlord with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Commercial Lease (NantKwest, Inc.), Commercial Lease (NantKwest, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (iI) repair such damage as soon as reasonably possible at Lessor's Lessors expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease Gross (Laser Pacific Media Corp), Standard Industrial/Commercial Single Tenant Lease (Laser Pacific Media Corporation)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 30 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease (Fox Factory Holding Corp), Lease Agreement (Fox Factory Holding Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effecteffect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after aGer receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after aGer receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after aGer making such commitment. In such event this Lease shall continue in full force and effecteffect, and Lessor shall proceed to make such repairs as soon as reasonably possible after aGer the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effecteffect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) effective 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of LesseeL▇▇▇▇▇'s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effecteffect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee L▇▇▇▇▇ does not make the required commitment, this Lease shall terminate as of the date specified specified in the termination notice.

Appears in 2 contracts

Sources: Lease Agreement (Ceribell, Inc.), Lease Agreement (Ceribell, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Converse Inc), Sublease Agreement (Mediaplex Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: . (iI) repair such damage as soon as reasonably possible at Lessor's expenseexpense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Multi Tenant Lease Gross, Standard Industrial/Commercial Multi Tenant Lease Gross (Zoned Properties, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: either (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (iia) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's Lessees commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In commitment in such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are am available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Single Tenant Lease Net (AutoGenomics, Inc.), Standard Industrial/Commercial Single Tenant Lease Net (AutoGenomics, Inc.)

Partial Damage - Uninsured Loss. If a Premises Premise Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (iI) repair such damage as soon as reasonably possible at Lessor's expense, in . In which event this Lease Lessee shall continue in full force and effect, or (iiII) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall sall be effective sixty (60) 60 days following the date of such notice. In the event ▇▇▇▇t Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. , Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Industrial/Commercial Multi Tenant Lease (Ironclad Performance Wear Corp), Lease Agreement (Ironclad Performance Wear Corp)

Partial Damage - Uninsured Loss. If a Premises premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), . Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Standard Multi Tenant Office Lease, Office Lease

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense’s expense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's L▇▇▇▇▇’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee L▇▇▇▇▇ does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 2 contracts

Sources: Lease Agreement (Brownie's Marine Group, Inc), Lease Agreement (Brownie's Marine Group, Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act or omission of Lessee, any Lessee Party or Lessee’s licensees or customers (in which event Lessee shall make the repairs at Lessee's ’s sole cost and expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease Net (SMART Global Holdings, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that occurs and such damage or destruction is not an Insured Loss occursand the cost to repair exceeds $250,000, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), then Lessor may either: at Lessor’s option, either (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty sixty (3060) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor’s desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor’s intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage totally at Lessee’s expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within in the times specified above, this Lease shall terminate as of the date specified in Lessor’s notice of termination. Notwithstanding the termination noticeforegoing, if the cost to repair any damage to the Premises does not exceed $250,000, then Lessor shall repair such damage as soon as reasonably possible at Lessor’s expense.

Appears in 1 contract

Sources: Multi Tenant Industrial/Commercial Lease (Pfenex Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after the receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.. Lessor’s Initials Lessee’s Initials

Appears in 1 contract

Sources: Lease Agreement (Alldigital Holdings, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 90 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (RxSight, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful will act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event expense and this Lease shall continue in full force and effect, or but subject to Lessor's rights under Paragraph 13), Lessor may at Lessor's option, either: (iii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date giving of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the require funds or satisfactory assurance thereof within thirty their (30) days after making such following Lessee's said commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after and the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof with the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 1 contract

Sources: Lease Agreement (Tmci Electronics Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense’s expense (subject to reimbursement pursuant to Paragraph 4.2), in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ▇▇▇▇▇▇’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee ▇▇▇▇▇▇ does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Multi Tenant Office Lease Gross (Signing Day Sports, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act or omission of Lessee, any Lessee Party or Lessee's licensees or customers (in which event Lessee shall make the repairs at Lessee's sole cost and expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (SMART Modular Technologies (WWH), Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 120 days following the date of such notice. ; provided, however, if Lessee’s use of the Premises during such 120 day period presents a risk of property damage and/or personal injury as a result of the Premises Partial Damage in issue, then Lessor’s notice may specify such shorter time period as Lessor reasonably deems advisable under the circumstances.. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 business days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (Nexsan Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's Lessees expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and arid Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (SPI Energy Co., Ltd.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage damage, without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Lessee shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Sublease Agreement (Xoma Corp /De/)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss insured loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may at Lessor's option, either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, ; or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date giving of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage 13 totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making such following Lessee's said commitment. In such event event, this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after possible, to the required extent the funds are available. If Lessee does not make give such notice, and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 1 contract

Sources: Lease Addendum (Cerprobe Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in In full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (BridgeBio Pharma, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee Tenant (in which event Lessee Tenant shall make the repairs at LesseeTenant's expense), Lessor Landlord may either: (ia) repair such damage as soon as reasonably possible at LessorLandlord's expense, in which event this Lease shall continue in full force and effect, or (iib) terminate this Lease by giving written notice to Lessee Tenant within thirty (30) days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor Landlord elects to terminate this Lease, Lessee Tenant shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor Landlord of LesseeTenant's commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Lessee Tenant shall provide Lessor Landlord with said funds or (ii) satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall 144 proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease (Therma Wave Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), . Lessor may either: either (i1) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, effect or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. notice In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessor Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (North Valley Bancorp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is Is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: either (i)) repair such damage as soon as reasonably possible at Lessor's Lessors expense, in In which event this Lease shall continue in In full force and effect, or (iiIi) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of or Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) Within 30 days after making such commitment. In such event this Lease shall shell continue in In full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (Motorcar Parts America Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 60 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or reasonably satisfactory assurance thereof within thirty (30) 30 days after making following such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Chromavision Medical Systems Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (ia) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (iib) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (Organogenesis Holdings Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee Tenant (in which event Lessee Tenant shall make the repairs at LesseeTenant's expense), Lessor Landlord may either: (i) repair such damage as soon as reasonably possible at LessorLandlord's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee Tenant within thirty (30) days after receipt by Lessor Landlord of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor Landlord elects to terminate this Lease, Lessee Tenant shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor Landlord of LesseeTenant's commitment to pay for the repair of such damage without reimbursement from LessorLandlord. Lessee Tenant shall provide Lessor Landlord with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor Landlord shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee Tenant does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Form Lease (Sports Club Co Inc)

Partial Damage - Uninsured Loss. If a Premises Promises Partial Damage that is not an Insured Loss Lose occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor Logger of knowledge of the occurrence of such seal damage. Such termination shall be effective sixty (60) 60 days following the date data of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the me right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the me repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or of satisfactory assurance thereof within thirty (30) 30 days after alter making such commitmentCommitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds fund: are available. If Lessee does not make the required commitment, this Lease shall terminate terminal, as of the date data specified in the termination lamination notice.

Appears in 1 contract

Sources: Lease Agreement (Aegis Assessments Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs Lessor may, at LesseeLessor's expense)option, Lessor may either: either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (Homegrocer Com Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent negligence or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as a soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Wireless Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, occurs (unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (iI) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (iiII) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such such, damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (3034) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall shall-promptly proceed to make such repairs as soon as reasonably possible in a commercially reasonable manner after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Industrial/Commercial Single Tenant Lease (Stevanato Group S.p.A.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after the receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (Alldigital Holdings, Inc.)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effecteffect provided, however, that Lessee’s obligations to pay Rent shall be prorated until such repairs are complete and the Premises restored, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Temporary Library Lease Agreement

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Imaging Technologies Corp/Ca)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have ▇▇▇▇ the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, ; and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Laser Pacific Media Corporation)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in In which event Lessee shall make the repairs at Lessee's expense), . Lessor may either: : (i1) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) if the replacement cost is greater then $500,000.00, terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the he date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice date of such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Lifepoint Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee▇▇▇▇▇▇'s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in In the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Reeds Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (101 0) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial Commercial Single Tenant Lease Gross (Modacad Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (iii1) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease Net (Divine Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Silicon Storage Technology Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: ; (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Trio Tech International)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty sixty (3060) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor or Lessee's commitment to pay for the repair of such damage without termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In If Lessee gives such event notice, this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are availableavailable and shall be entitled to a reasonable fee for its efforts. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (United Defense Industries Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 15 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease Gross (Xoma LTD /De/)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. , Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Somnus Medical Technologies Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination -C-1997 -AMERICAN INDUSTRIAL REAL ESTATE ASSOCIATION REVISED FORM STN-6-2/97E notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (I O Magic Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. , If Lessee does not net make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Multi Tenant Office Lease Gross (Reconstruction Data Group Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may eitherether: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date data of such noticecommitment. In the event Lessor elects to terminate this Lease, . Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. commitment In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Nexsan Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense)greater than $50,000.00, Lessor may either: at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making following such commitmentcommitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the time specified above, this Lease shall terminate as of the date specified in the termination noticeLessor's notice of termination.

Appears in 1 contract

Sources: Standard Industrial/Commercial Multi Tenant Lease (Zomax Optical Media Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.are

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Burke Flooring Products Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's Lessors expense, in which event this Lease shall continue in full force and effect, or (iiU) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In , in the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If , if Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Sublease Agreement (Top Tier Software Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Sync Research Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: may, within forty-five (45) days after Lessor receives written notice of the occurrence of such damage, either (i) commence repair of such damage as soon as reasonably possible at Lessor's ’s expense, in which event this and the Lease shall continue in full force and effect, or (ii) terminate this the Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damageLessee. Such termination shall be effective sixty ninety (6090) days following the date of such notice. In the event Lessor elects to terminate this the Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this event, the Lease shall continue in full force and effect, and Lessor shall proceed to make such commence repairs as soon as reasonably possible within forty-five (45) days after the required funds are availableavailable to Lessor. If Lessee does not make the required commitment, this the Lease shall terminate as of the date specified in the termination notice. Notwithstanding the foregoing, Lessee may terminate the Lease upon ninety (90) day notice to Lessor if Lessor (i) elects to repair the damage but does not commence repairs within the applicable forty-five (45) day period, or (ii) Lessor does not complete such repairs within six (6) months thereafter.

Appears in 1 contract

Sources: Lease Agreement (Transdigm Holding Co)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's Lessor expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, . this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Nextest Systems Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (North American Scientific Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a grossly negligent or willful act of Lessee TENANT (in which event Lessee TENANT shall make the repairs at Lessee's TENANT'S expense), Lessor LANDLORD may either: (i) repair such damage as soon as reasonably possible at Lessor's LANDLORD'S expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee TENANT within thirty (30) 30 days after receipt by Lessor LANDLORD of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor If LANDLORD elects to terminate this Lease, Lessee TENANT shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor LANDLORD of Lessee's TENANT'S commitment to pay for the repair of such damage without reimbursement from LessorLANDLORD. Lessee TENANT shall provide Lessor LANDLORD with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor LANDLORD shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee TENANT does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Property Lease (Quality Products Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (iI) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give dye written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Single Tenant Lease (Micrel Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act art of Lessee (in which event Lessee shall make the repairs at Lessee's Lessee s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty terminate one hundred and twenty (60120) days following such notice and the date of such noticeRent shall be reduced by 50% during each period or per 9.6 (a) whichever is greater. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial Commercial Single Tenant Lease (En Pointe Technologies Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act or omission of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: either (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, . Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in n the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Virco MFG Corporation)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expenseexpensive, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee 1)repair such damage as soon as reasonably possible at Lessor's within thirty (30) days days, after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days days, after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, commitment this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Impco Technologies Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's Lessors expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Termination and New Lease Agreement (Amistar Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent negligence or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: ; (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Osmetech PLC)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii4) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (MRV Communications Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense’s expense and this Lease shall continue in full force and effect, but subject to Lessor’s rights under Paragraph 13), Lessor may at Lessor’s option, either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, ; or (ii) terminate this Lease by giving give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective damage of Lessor’s desire to terminate this Lease as of the date sixty (60) days following the date giving of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage totally at Lessee’s expense and without reimbursement from Lessor. , Lessee shall provide Lessor with said the required funds or satisfactory assurance thereof within thirty (30) days after making such following Lessee’s said commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after and the required funds are available. If Lessee does not make give such notice and provide the required commitmentfunds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in the termination noticeLessor’s notice of termination.

Appears in 1 contract

Sources: Lease Agreement (Wells Real Estate Investment Trust Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within the ten (10) days day period after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, commitment this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease Net (Quantum Fuel Systems Technologies Worldwide Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably PAGE 5 OF 11 Initials /s/ DP, AL ------------ possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In , in the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory satisfactory, assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, effect and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Entech Environmental Technologies Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's ’s expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's ’s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.. (See Addendum Paragraph 68)

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Capstone Turbine Corp)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice. See Addendum 9.3.

Appears in 1 contract

Sources: Standard Industrial/Commercial Single Tenant Lease (Exodus Communications Inc)

Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's ’s expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) 30 days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) 60 days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) 10 days after receipt of the termination notice to give written notice to Lessor of Lessee▇▇▇▇▇▇'s commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) 30 days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee ▇▇▇▇▇▇ does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.

Appears in 1 contract

Sources: Lease Agreement (Oculus Innovative Sciences, Inc.)