Res 1996-090 - Laserfiche WebLink

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\JOi.. 147 :1~Ct 428 ~/gE -6- - D. Award: Lessor and Lessees shall each be entitled to receive and retain such separate awards, and portions of lump sum awards, as may be allocated to their respective interests in any condemnation proceeding. The termination of this Lease under this Section shall not affect the rights of the respective parties to such awards. ARTICLE 9. Nonliability for Certain Damages 9.1 Lessees acknowledge and agree that Lessees take the Leased Premises in their present condition and as such Lessor shall not be liable to Lessees for any personal injuries or property damage resulting from or out of improvements or repairs made to the Leased Premises, or by gas, water, steam, electricity, or oil leaking or escaping into the Leased Premises at the time of execution of this Lease. ARTICLE 10. Access to Premises 10.1 Lessor shall provide Lessee with 24 hours notice of any requirement to enter the Leased Premises. Lessor shall not be liable to Lessees for any expense, loss, or damage from any such entry upon the Leased Premises. . ARTICLE 11. Damage by Casualty 11.1 Lessees shall give immediate written notice to Lessor of any damage caused to the Leased Premises by fire or other casualty. - 11.2 In the event that any improvements upon the Leased Premises are damaged or destroyed by fire or other casualty insurable under standard fire and extended coverage insurance and Lessor does not elect to terminate the Lease as provided, Lessees shall proceed with reasonable diligence and at their sole cost and expense to rebuild and repair the improvements. If the Leased Premises shall be damaged or destroyed by fire or other casualty so as to render untenantable more than fifty percent of the floor area of the entire building on the Leased Premises, then Lessees may elect either to terminate this Lease or to proceed to rebuild and repair the improvements. Lessees shall give written notice to Lessor of such election within 60 days after notice of such casualty and, if it elects to rebuild and repair, shall proceed to do so with reasonable diligence and at its sole cost and expense. 11.3 During any period of reconstruction or repair of the Leased Premises, this Lease shall continue in full force and effect except that the fixed rental shall be abated for the length of time necessary for the reconstruction or repairs in proportion to the amount of floor area of the Leased Premises rendered unusable, but there shall be no abatement of any other amounts payable by Lessees under the terms of this lease. 11.4 Any insurance against casualty loss which may be carried by either Lessor or Lessees shall be under the sole control of the party carrying such insurance and ! the other party shall have no interest in any proceeds of such insurance. Lessor ! and Lessees expressly waive any cause of action or right of recovery which either ---- of them may have against the other for any loss or damage to the Leased Premises or to the contents belonging to either party contained in the premises caused by fire, explosion, or other risk covered by the Texas standard form of fire and extended coverage policy.