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6A (1)
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6A (1)
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(e) Notice. Tenant shall give Landlord prompt written notice of any Casualty Damage in or to the <br />Premises or the Common Areas of which Tenant has knowledge. <br />9.2. Condemnation. If (a) all or a substantial part of the Premises is taken or condemned for public or <br />quasi - public use under any statute or by the right of eminent domain; or (b) all or a substantial part of the Premises <br />is conveyed to a public or quasi - public body under threat of condemnation (collectively, the "Condemnation "); and <br />the Condemnation renders the Premises unsuitable for use for Tenant's Use, then, at the option of either Landlord or <br />Tenant exercised within ninety (90) days after the Condemnation occurs: (i) this Lease shall terminate as of the date <br />possession of all or such part of the Premises is taken by, or conveyed to, the condemning authority; (ii) all Base <br />Rent plus CAM shall be apportioned as of the date that possession of all or such part of the Premises is taken by, or <br />conveyed to, the condemning authority; and (iii) all obligations hereunder, except those due or mature, shall cease <br />and terminate. If there is a Condemnation with respect to: (A) more than twenty-five percent (25 %) of the square <br />footage of the building of which the Premises is a part; or (B) more than twenty-five percent (25 %) of the aggregate <br />square footage of the Building; then Landlord, at its option, exercised within ninety (90) days after the <br />Condemnation occurs, may elect to terminate this Lease as of the date possession of such square footage is taken by, <br />or conveyed to, the condemning authority, and: (i) all Base Rent plus CAM shall be apportioned as of the date that <br />possession of such square footage is taken by, or conveyed to, the condemning authority; and (ii) all obligations <br />hereunder, except those due or mature, shall cease and terminate. All compensation awarded or paid for the <br />Condemnation (the "Condemnation Proceeds ") shall belong to and be the sole property of Landlord; provided that <br />Landlord shall not be entitled to the amount of any Condemnation Proceeds awarded or paid solely to Tenant for <br />loss of business or costs and expenses of relocation and removing improvements and equipment. If neither Landlord <br />nor Tenant elects to terminate this Lease pursuant to this Section 9.2, then Landlord shall be responsible for the <br />performance of all work necessary to make the Premises usable by Tenant; provided that Landlord shall not be <br />obligated to incur costs for such work in excess of the Condemnation Proceeds awarded or paid to Landlord and <br />remaining after: (y) Landlord's mortgagee has withheld any amount of the proceeds to which it is entitled, if any; <br />and (z) deduction for any expenses incurred in collecting the Condemnation Proceeds. If neither Landlord nor <br />Tenant elects to terminate this Lease pursuant to this Section 9.2, or if any Condemnation is temporary in nature, <br />then Base Rent shall be abated proportionately (based upon the proportion that the that area Premises taken by, or <br />conveyed to, the condemning authority bears to the total space in the Premises) for each day that the Premises or any <br />part thereof is unusable by reason of the Condemnation. <br />ARTICLE X. <br />SURRENDER. <br />10.1. Surrender of Leased Premises. Except as herein otherwise expressly provided in this Article X, <br />Tenant shall surrender and deliver up the Premises, together with all property affixed to the Premises, to Landlord at <br />the expiration or other termination of this Lease or of Tenant's right to possession hereunder, without fraud or delay, <br />in good order, condition and repair except for reasonable wear and tear after the last necessary repair, replacement, <br />or restoration is made by Tenant, free and clear of all liens and encumbrances, and without any payment or <br />allowance whatsoever by Landlord on account of any improvements made by Tenant. <br />10.2. Removal of Certain Property. All furniture and business equipment furnished by or at the expense <br />of Tenant shall be removed by or on behalf of Tenant at or prior to the expiration or other termination of this Lease <br />or of Tenant's right of possession hereunder, but only if, and to the extent, that the removal thereof will not cause <br />physical injury or damage to the Premises or necessitate changes or repairs to the same. Tenant repair and restore <br />any injury or damage to the Premises arising from such removal so as to return the Premises the condition described <br />in Section 10.1 above, or alternatively, Tenant shall pay or cause to be paid to Landlord one hundred ten percent <br />(110 %) of the cost of repairing or restoring injury or damage with such costs to be considered Additional Rent and <br />shall be deemed due and payable as of the date on which surrender by Tenant is required under this Lease. <br />10.3. Property Not Removed. Any personal property of Tenant which shall remain in or upon the <br />Premises after Tenant has surrendered possession of the Premises shall be deemed to have been abandoned by <br />Tenant, and at the option of Landlord, such property: (a) shall be retained by Landlord as its property; (b) shall be <br />disposed of by Landlord in such manner as Landlord shall determine, without accountability to any person; or (c) <br />shall be removed by Tenant within three (3) business days at Tenant's expense upon written request from Landlord <br />
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