NYC 9/11 Public Portal Document
ination of this Lea!
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upon the thirtieth (30th1 dav after such notice is given, provided, however, that Landlord
more of the usable area of the Building is damaged or destroyed bv fire or other casualty, or
(ii) the Building is so damaged or destroyed bv fire or other casualty that its repair or
restoration requires the expenditure (as estimated bv an independent reputable contractor or
registered archi t designated bv Landlord) of more than si percent (60%) of the full
ThHiTediatelv prior to the fire or other
seventv-five percent (75%) of the leases in the Building or leases of seventv-five percent
(75%) of usable area in the portions of the Building (excluding retail space) occupied or
available for occupancy bv tenants or other occupants (exclusive of anv usable area in such
portions occupied bv Landlord or its ; es at such niTR;) are cancelled effective on dates
• hITT
Paragraph (B) and (C) hereof. Landlord agrees to give Tenant a notice (“Completion
”) within sixty (60) davs following the date of ! to Landlord of anv fire or other
casualty affecting ten percent (10%) or more of the Demised Premises to their condition prior
to said fire-or casualty. If Landlord fails-to eommenee as aforesaid or to complete the same within
one hundred twenty (120) days after suefa commencement, Tenant, in addition to any other
remedy it may^ave,- may perform such repairs and restoration and reimburse hself for the cost
thereof from any rent due or which-may-heeomc due under this Incase, , setting forth Landlord’s
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NYC-WTC_000170353
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