NYC 9/11 Public Portal Document
proceed with continuity to complete the repaira and restoration
In case the Demised Premises shall be RTliTi anfiallv damaged or destroyed bv fire or
other cause at anv time during the last 18 months of the Term of this Lease, then Landlord
may cancel this Lease,
u In the event the Demised
Premises is substantially damaged or destroyed to their condition prior to said fire or casualty,
suitable for use forthepurpose for which the premises were leased. If Landlord fails to complete
the-restorati©tt-within-tw©-httndred-and-sevenQ*"-(27^-days-after-sueh-eonMneneefflettt-or-if-the
parties mutually agree within 30 days after the casualty-that-thc damage-eannot be repaired within
270 days of the oceurrcncc, Tenant may terminate this Lease on ten (10)-days written notice.
If the Demised Premises arc partially damaged by fire or other casualtyrLandlord shall, subject to
receipt of insurance proceeds , within fortv-fivc (451 during the last 18 months of the Term.
then Tenant mav cancel this Lease, as of a date thereafter di red bv Tenant, which date
shall be within thirty (301 davs of the giving of
written notice shall be given to Landlord
don.
7151 (TOT
shall decide to demolish or not to rebuild it. or (bl so
alteration or r
case of clause (bl. All inn ninety (901 days after such fire or other casualty, commence and
diligently proceed to eempleto the repairs and restoration give Tenant a notice in AJiimr ; of the
49
NYC-WTC_000170352
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