i
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<br /> designated via Section 13 as subject to removal) and to restore the Premises to its prior condition as of the Lease Commencement
<br /> Date, all at Tenant' s expense . All alterations , additions and improvements which Landlord has not required Tenant to remove shall
<br /> become Landlord's property and shall be surrendered to Landlord upon the termination of this Lease, except that Tenant may remove
<br /> any of Tenant' s personal property or trade fixtures which can be removed without material damage to the Premises . Tenant shall
<br /> repair, at Tenant' s expense, an damage to the Premises caused b the removal of an such personal roe or trade fixtures .
<br /> p � p � Y g Y Y P property�Y �
<br /> (Note : Should Landlord and Tenant need to further enumerate their intent/understanding as to the status of items or property
<br /> as fixtures , trade fixtures , or personal property hereunder, the Special Stipulations box at the end of the Lease should be
<br /> checked and such enumeration should be specified by listing same by category on an Exhibit B .)
<br /> DESTRUCTION OF OR DAMAGE TO PREMISES
<br /> 15 . (a) If the Premises are totally destroyed by storm, fire, lightning, earthquake or other casualty, Landlord shall have the right
<br /> to terminate this Lease on written notice to Tenant within thirty (30) days after such destruction and this Lease shall terminate as of
<br /> the date of such destruction and rental shall be accounted for as between Landlord and Tenant as of that date .
<br /> I
<br /> (b) If the Premises are damaged but not wholly destroyed by any such casualties or if the Landlord does not elect to terminate
<br /> the Lease under Section 15 (a) above, Landlord shall commence (or shall cause to be commenced) reconstruction of the Premises
<br /> within one hundred twenty ( 120) days after such occurrence and prosecute the same diligently to completion, not to exceed two
<br /> hundred seventy (270) days from the date upon which Landlord receives applicable permits and insurance proceeds . In the event
<br /> Landlord hall fail to substantial) complete reconstruction of the Premises within said two hundred seven 270 day period,
<br /> s seventy ( ) Y p
<br /> Y P L
<br /> Tenant' s sole remedy shall be to terminate this Lease . !'
<br /> (c) In the event of any casualty at the Premises during the last one ( 1 ) year of the Lease Term, Landlord and Tenant each
<br /> shall have the option to terminate this Lease on written notice to the other of exercise thereof within sixty (60) days after such
<br /> occurrence .
<br /> (d) In the event of reconstruction of the Premises , Tenant shall continue the operation of its business in the Premises during '!
<br /> any such period to the extent reasonably practicable from the standpoint of prudent business management, and the obligation of j!
<br /> Tenant to pay annual rental and any other sums due under this Lease shall remain in full force and effect during the period of
<br /> reconstruction . The annual rental and other sums due under this Lease shall be abated proportionately with the degree to which ''
<br /> Tenant' s use of the Premises is impaired, commencing from the date of destruction and continuing during the period of such L
<br /> reconstruction . Tenant shall not be entitled to any compensation or damages from Landlord for loss of use of the whole or any part of
<br /> the Premises , Tenant' s personal property, or any inconvenience or annoyance occasioned by such damage, reconstruction or
<br /> replacement .
<br /> (e) In the event of the termination of this Lease under any of the provisions of this Section 15 , both Landlord and Tenant
<br /> shall be released from any liability or obligation under this Lease arising after the date of termination, except as otherwise provided
<br /> for in this Lease.
<br /> GOVERNMENTAL ORDERS
<br /> 16 . Tenant, at its own expense, agrees to comply with: (a) any law, statute, ordinance, regulation, rule, requirement, order, court
<br /> decision or procedural requirement of any governmental or quasi-governmental authority having jurisdiction over the Premises , (b) the
<br /> rules and regulations of any applicable governmental insurance authority or any similar body, relative to the Premises and Tenant's
<br /> activities therein; (c) provisions of or rules enacted pursuant to any private use restrictions , as the same may be amended from time to
<br /> time and (d) the Americans with Disabilities Act (42 U. S . C . S . § 12101 , et seq.) and the regulations and accessibility guidelines enacted
<br /> pursuant thereto, as the same may be amended from time to time . Landlord and Tenant agree, however, that if in order to comply with F
<br /> such requirements the cost to Tenant shall exceed a sum equal to one ( 1 ) year's rent, then Tenant may terminate this Lease by giving
<br /> written notice of termination to Landlord in accordance with the terms of this Lease, which termination shall become effective sixty
<br /> (60) days after receipt of such notice and which notice shall eliminate the necessity of compliance with such requirements , unless,
<br /> within thirty (30) days of receiving such notice, Landlord agrees in writing to be responsible for such compliance, at its own expense,
<br /> and commences compliance activity, in which case Tenant's notice given hereunder shall not terminate this Lease.
<br /> CONDEMNATION
<br /> IT (a) If the entire Premises shall be appropriated or taken under the power of eminent domain by any governmental or quasi-
<br /> governmental authority or under threat of and in lieu of condemnation (hereinafter, "taken" or "taking ") , this Lease shall terminate as
<br /> of the date of such taking, and Landlord and Tenant shall have no further liability or obligation arising under this Lease after such j
<br /> date, except as otherwise provided for in this Lease.
<br /> (b) If more than twenty-five percent (25 %) of the floor area of any building of the Premises is taken, or if by reason of any
<br /> taking, regardless of the amount so taken, the remainder of the Premises is not one undivided space or is rendered unusable for the
<br /> Permitted Use, either Landlord or Tenant shall have the right to terminate this Lease as of the date Tenant is required to vacate the
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<br /> STANDARD FORM 592 -T
<br /> Revised 7/2024
<br /> 0(t
<br /> Tenant Initials Landlord Initials GJP © 7/2024
<br /> Produced w h L ne Wolf Transactions (zipForm Edition ) 717 N Harwood St, Suite 2200 , Dallas, TX 75201 www, lwolf. com HREG
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