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HomeMy WebLinkAbout1556 . ' ; auch partial dostruction, then i~ Leeseo's option this leas~ shall ceaee a?nd comc to an end, and the Lcssee shall be liable ~ for the rent only up to the time of such partial destructfon ot the leased premises. In the event of the occurrance of either o! the two contingencies last mentioned, the Lessee shall be entitled . to receive a pro rata refund out of any advance renL paid by it for the rent perfod duriag Which such premises were Wholly or ~ partially destroyed. In the event of total destruction, if .the Lessor should rebuild on the same premises, the Lessee shall ~ have the option of leasing ~said premises on the same terms and conditfons as herein provided; except that if a bona fide offer be made by another to lease the premises at such time, then . rental shall be fixed at a rate no hiqher than that offered by such other person. co:iDEMNATION If a part of the demised premises be taken for any public _ ar quasi-public use, under any statute or by right of eminent domain, or private purchase in lieu thereof, such as to render ~ them unsuitable for the business of the Lessee, then this lease - at the option of the Lessee,'shall be cancelled and declared null and void, and of no effect and the Lessee sliall be liable for the rent only np to such time of partial taking. In the event of a partial taking Which is not extensive enough to render the premises unsuitable for the business of the Lessee, ! the Lessor shall promptly restore the demised premises to a ~ ~ condition comparable to its condition at the time of said i i condemnation and the lease shall continue, but starting with the ! ~ date of such restoration, the rental shall.be reduced propor- l ; tionately. In the event of the occurrence of the continqencies i ~ above mentioned or of complete condemnation, rent shall abate i i . ~ correspondinq with the time during which the premises may not f be used by the Lessee and the Lessee shall be entitled to ~ receive a pro rata refund of any advance rental paid by it for the rental period during which the demised premises were wholly ~ ~ ~ or partially taken. ~ . i i ~ ' ~ ~ ~7~ ~ ~ ~ - eo~ 24~ Pa~E1557 ~ ~ ~ r~--- ' - - - ~ ~&T ~ ~ `~.s~~~. - ° y 'sc ~',x = .Y; .'u~~--rP- ~ _ .~F:'r '_~''~~'~.-~"'~'r.~ ~ u~.y.,._~. - _ - . - .