11.1 SR 08-07-2023 - Laserfiche WebLink

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,' � ,i � � otherwise, and Tenant agrees to look to insurance coverage only in the event of such loss. ARTICLE 9. QUIET ENJOYMENT Landlord represents and warrants that: (a) it is the lawful owner of the Premises; (b) that it has the full right and power to ma.ke the Lease; (c) that if and so long as Tenant shall not be in default hereunder, Tenant shall quietly hold, occupy, and enjoy the Premises during all of the Term. ARTICLE 10. DESTRUCTION BY FIRE 10.1) Subject to the provisions of Article 10.4, if the Improvements, or.any portion thereof, are damaged or destroyed by fire or other casualty, however or by whomever caused, at the mutual agreement of the parties, Tenant shall repair, rebuild, and restore the same with due diligenee and dispatch (subject to the approval of the holders of any mortgages on the Property) so that the Improvements will be restored to at least the same good order and condition as existed prior to damage or destruction. If more than twenty-five percent (25�) of the Premises is damaged or destroyed by fire or other casualty, Tenant shall have the option, in its sole discretion, to decline to rebuild the Premises. If Tenant so declines, this Lease shall terminate as of the date of such damage or destruction and Tenant shall remove the remaining Improvements and all debris thereon and sod the Premises, returning the Premises to the good and clean condition which existed prior to the construction of the Improvements on the Premises. If Tenant elects to repair the Premises, and if ,such damage in the reasonable opinion of the Landlord renders the entire Premises unfit for Tenant's normal business purposes, and Tenant by reason thereof discontinues business in the Premises, Base Rent shall be abated for a period during which na part of the Premises is fit for such business purposes and during which time Tenant discantinues business. If such da.mage renders anly part of the Premises unfit for Tenant's normal business purposes, Base Rent shall be apportioned on a square foot of Premises area basis and the proportion thereof applicable to each part of the Premises upon which Tenant discontinues its business operations shall be abated for the period during which such part is not fit for Tenant's normal business purposes and during which Tenant discontinues such business operations. 10.2) Tenant will repair and replace all improvements and betterments placed upon the Premises by it, and sueh repair and replacement shall be made at its own expen.se and not at the expense of Landlord. 10.3) If Landlord and Tenant cannot mutually agree on whether the Premises is fit for Tenant's normal business purposes, such 7.