Tenant’s Fault. If any portion of the Premises is damaged or destroyed due to the fault, negligence (active or passive) or breach of this Lease by Tenant, Rent shall not be diminished during the repair of such damage and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by any insurance proceeds. In addition, notwithstanding anything to the contrary contained herein, Tenant shall not have any rights to terminate this Lease pursuant to the provisions of this Article XI.
Appears in 1 contract
Sources: Lease (Exodus Communications Inc)
Tenant’s Fault. If In the event that the Premises or any portion of the Premises is Building are damaged or destroyed due to as a result of the fault, negligence (active or passive) or breach of this Lease by Tenant or any of Tenant’s parties, Rent Tenant shall not have the right to terminate the Lease as set forth above nor shall the Rent be diminished reduced during the repair of such damage and damage. In such event, Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by any insurance proceeds. In addition, notwithstanding anything proceeds from policies of insurance required to the contrary contained herein, Tenant shall not have any rights to terminate this Lease be maintained pursuant to the provisions of this Article XILease.
Appears in 1 contract
Tenant’s Fault. If the Premises or any portion of the Premises is -------------- damaged or destroyed due to resulting from the fault, negligence (active or passive) or breach of this Lease by Tenant or any of Tenant's Parties, Rent shall not be diminished reduced during the repair of such damage and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by any insurance proceeds. In addition, notwithstanding anything to the contrary contained herein, Tenant shall not have any rights to terminate this Lease pursuant to the provisions of this Article XI.
Appears in 1 contract
Sources: Single Tenant Industrial Lease (Mohawk Industries Inc)
Tenant’s Fault. If the Premises, the Property, or any portion of thereof, are damaged resulting from the Premises is damaged or destroyed due to the fault, negligence (active or passive) or breach of this Lease by Tenant or any of Tenant’s Parties, Rent shall not be diminished reduced during the repair of such damage damage, Tenant shall have no right to terminate this Lease as provided in Section 15.1, and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by any insurance proceeds. In addition, notwithstanding anything to the contrary contained herein, Tenant shall not have any rights to terminate this Lease pursuant to the provisions of this Article XI.
Appears in 1 contract
Sources: Lease Agreement
Tenant’s Fault. If the Premises, the Property, or any portion of thereof, are damaged resulting from the Premises is damaged or destroyed due to the fault, negligence (active or passive) or breach of this Lease by Tenant or any of Tenant's Parties, Rent shall not be diminished reduced during the repair of such damage damage, Tenant shall have no right to terminate this Lease as provided in Section 12.1, and Tenant shall be liable to Landlord for the cost of the repair caused thereby to the extent such cost is not covered by any insurance proceeds. In addition, notwithstanding anything to the contrary contained herein, Tenant shall not have any rights to terminate this Lease pursuant to the provisions of this Article XI.
Appears in 1 contract
Sources: NNN Lease