Common use of Tenant’s Right to Terminate Clause in Contracts

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premises.

Appears in 4 contracts

Sources: Office Lease (Arteris, Inc.), Office Lease (Arteris, Inc.), NNN Office Lease (Aridis Pharmaceuticals, Inc.)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section §11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 7 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement (Silicon Motion Technology CORP)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 7 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 270 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 2 contracts

Sources: Lease Agreement, Sublease Agreement

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven thirty (730) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration.: A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, and in the reasonable opinion of Landlord’s 's architect or construction consultant, consultant the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and damage; or C. The Premises are not restored within eighteen (18) months following the date of such damage renders unusable more than thirty percent (30%) damage; provided, however, that if at the time restoration of the Premises."shell" of the building in which the Premises are

Appears in 2 contracts

Sources: Lease (United Defense Lp), Lease (United Defense Lp)

Tenant’s Right to Terminate. If the Premises Improvements are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2Paragraph 14.B, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord Tenant may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven fifteen (715) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration.: A. (1) The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such the damage; or. B. (2) The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term Term, and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Lease Agreement (Cybersource Corp)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section Paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 15 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. (a) The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damage; or B. (b) The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Sublease Agreement (Tivo Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord▇▇▇▇▇▇▇▇’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven thirty (730) days after Tenant ▇▇▇▇▇▇ receives from Landlord the estimate of the time needed to complete such restoration. A. 11.3.1 The Premises are damaged by any peril and, in the reasonable opinion of Landlord▇▇▇▇▇▇▇▇’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. 11.3.2 The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Industrial Space Lease (Neophotonics Corp)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section PARA 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 7 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damagedamage if the casualty was not caused by Tenant or Tenant's Agents; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease (Oplink Communications Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril --------------------------- and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s landlord's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant ▇▇▇▇▇▇ receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s ▇▇▇▇▇▇▇▇'s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premises.

Appears in 1 contract

Sources: Office Lease (Netflix Com Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril --------------------------- and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section Paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 10 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such which damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease (Quicklogic Corporation)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two one hundred seventy twenty (270120) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premises.

Appears in 1 contract

Sources: Office Lease (Monolithic Power Systems Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section PARA 11.2, then as soon as reasonably practicable, but in no event later than 45 days after the date of the damage, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 10 business days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 270 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Bookham, Inc.)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 240 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Lease Agreement (Vnus Medical Technologies Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 7 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 270 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease (Flonetwork Inc)

Tenant’s Right to Terminate. If the Leased Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2paragraph 12.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration.: A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, and in the reasonable opinion of Landlord’s architect or construction consultant, consultant the restoration of the Premises Premised cannot be substantially completed within ninety sixty (9060) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Lease Agreement (Cinemark Holdings, Inc.)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2¶11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by be delivery to Landlord of a written notice of election to terminate within seven (7) 15 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Sublease Agreement (Meru Networks Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2¶11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 7 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 160 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) 20% of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Sirf Technology Holdings Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section §11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven fifteen (715) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two one hundred seventy eighty (270180) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease (ALPHA & OMEGA SEMICONDUCTOR LTD)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord▇▇▇▇▇▇▇▇’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant ▇▇▇▇▇▇ receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord▇▇▇▇▇▇▇▇’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premises.

Appears in 1 contract

Sources: NNN Office Lease (Tigo Energy, Inc.)

Tenant’s Right to Terminate. If the Premises Improvements are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2Paragraph 16.B, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven fifteen (715) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration.: A. (1) The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two one hundred seventy eighty (270180) days after following the date of such damage; ordamage or destruction. B. (2) The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term Term, and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety sixty (9060) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Lease Agreement (Mips Technologies Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any --------------------------- peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right option to terminate this Lease in the event any of the following occurs, which right option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration.: A. 11.3.1 The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or B. 11.3.2 The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, and in the reasonable opinion of Landlord’s 's architect or construction consultant, consultant the restoration of the Premises cannot be substantially completed within ninety sixty (9060) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Lease Agreement (Pixtech Inc /De/)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section Paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 10 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 270 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises. C. The Premises are not actually restored within 90 days following the date for completion estimated by Landlord's architect.

Appears in 1 contract

Sources: Lease (Quickturn Design Systems Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2this Paragraph 17, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven thirty (730) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration.: A. (a) The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within two one hundred seventy eighty (270180) days after the date of such damage; or B. (b) The Premises are materially damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety sixty (9060) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premisesdamage.

Appears in 1 contract

Sources: Lease (Nuvelo Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2¶11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven ten (710) business days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two with one hundred seventy eighty (270180) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the PremisesTerm.

Appears in 1 contract

Sources: Lease Agreement (Hearme)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section P. 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 10 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease (Clarify Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2paragraph 10.2, then as soon as reasonably practicablewithin thirty (30) days following the date of such damage, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. 10.3.1 The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 200 days after the date of such damage; or B. 10.3.2 The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premises.

Appears in 1 contract

Sources: Single Tenant Absolute Net Lease (Handspring Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section Paragraph 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven fifteen (715) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within with two hundred seventy (270) days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) of the Premises.

Appears in 1 contract

Sources: Lease (Caliper Technologies Corp)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven fifteen (715) days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) days after the date of such damage; or. B. The Premises are damaged by any peril within twelve (12) months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease (Terayon Communication Systems)

Tenant’s Right to Terminate. If the Premises are damaged by any peril --------------------------- and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section 11.2(P)11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 7 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 160 days after the date of such damage; or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) 20% of the Premises.

Appears in 1 contract

Sources: Lease (Sirf Technology Inc)

Tenant’s Right to Terminate. If the Premises are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to Section §11.2, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord’s 's architect or construction consultant as to when the restoration work required of Landlord may be completed. Tenant shall have the right to terminate this Lease in the event any of the following occurs, which right may be exercised only by delivery to Landlord of a written notice of election to terminate within seven (7) 10 days after Tenant receives from Landlord the estimate of the time needed to complete such restoration. . A. The Premises are damaged by any peril and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within two hundred seventy (270) 180 days after the date of such damage; or or B. The Premises are damaged by any peril within twelve (12) 12 months of the last day of the Lease Term and, in the reasonable opinion of Landlord’s 's architect or construction consultant, the restoration of the Premises cannot be substantially completed within ninety (90) 90 days after the date of such damage and such damage renders unusable more than thirty percent (30%) % of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Proxim Wireless Corp)