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• untenantable in whole or in part following such damage, the Rent payable during <br /> the period in which the Premises is untenantable shall be reduced to the extent of <br /> such untenantability.In the event that Landlord should fail to complete such repairs <br /> and material restoration within three hundred sixty-five(365)days after the date of <br /> such damage.Tenant may,at its option and as its sole remedy,terminate this Lease <br /> by delivering written notice to Landlord,whereupon the Lease shall end on the date <br /> of such notice as if the date of such notice were the date originally fixed in this <br /> Lease for the expiration of the Lease Term;provided,however,that if construction <br /> is delayed because of changes,deletions or additions in construction requested by <br /> Tenant, strikes, lockouts,casualties,acts of God,war,material or labor shortages, <br /> governmental regulation or control,or other causes beyond the reasonable control <br /> of Landlord,the period for restoration,repair or rebuilding shall be extended for the <br /> amount of time Landlord is so delayed. In no event shall Landlord be required to <br /> rebuild, repair or replace any part of the equipment. racking, shelving, partitions, <br /> fixtures, additions or other personal property or improvements which may have <br /> been placed. in or about the Premises by Tenant. Any insurance which may be <br /> carried by Landlord or Tenant against loss or damage to the Building or Premises <br /> shall be for the sole benefit of the party carrying such insurance and under its sole <br /> control. <br /> (d) Notwithstanding anything herein to the contrary, in the event the holder of any <br /> indebtedness secured by a mortgage covering the Premises, Building or Property <br /> requires that any insurance proceeds be applied to such indebtedness,then Landlord <br /> shall have the right to terminate this Lease by delivering written notice of <br /> ® termination to Tenant within fifteen (15)days after such requirement is made by <br /> any such holder,whereupon the Lease shall end on the date of such damage as if the <br /> date of such damage were the date originally fixed in this Lease for the expiration <br /> of the Lease Term. <br /> (e) In the event of any damage or destruction to the Building or the Premises by any <br /> peril contemplated by the provisions of this Paragraph 15, or in the event of <br /> termination as a consequence of condemnation as contemplated in Paragraph 16 <br /> • hereof,Tenant shall,upon notice from Landlord,remove forthwith,at its sole cost <br /> and expense,the property belonging to Tenant from such portion of the Building as <br /> Landlord shall request and Tenant hereby waives any and all claims it may have, <br /> now or in the future, against Landlord arising in connection with damage to such <br /> property occurring as a result of any alleged failure to properly secure the Premises <br /> prior to such removal. <br /> (f) Notwithstanding any contrary provision herein.Tenant hereby waives any claims <br /> against Landlord relating to, and Landlord shall not be liable to Tenant for, any <br /> damage to any equipment, inventory, tenant fixture or other personal property <br /> situated in the Premises or in,on or about the Property due to any condition,design <br /> or defect in the Building or leakage of the roof,windows and pipes, or of damage <br /> from gas, oil, water, steam, smoke or electricity, or due to any other cause <br /> whatsoever; including Landlord's negligence, and Tenant assumes all risks of <br /> damage to such property;provided,the waiver and assumption contemplated by this <br /> • sentence shall apply only to the extent covered by Tenant's insurance in place or <br /> 12 <br />