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<br /> intention to cancel and terminate this Lease as of the date of the occurrence of such damage. In <br /> the event Lessor elects to give such notice of Lessor's intention to cancel and terminate this <br /> . Lease, Lessee shall have the right within ten (10) days after the receipt of such notice to give <br /> written notice to Lessor of Lessee's intention to repair such damage at Lessee's expense, without <br /> reimbursement from Lessor, in which event this Lease shall continue in full force and effect, and <br /> Lessee shall proceed to make such repairs as soon as reasonably possible. If Lessee does not <br /> give such notice within such ten (to) day period, this Lease shall be canceled and terminated as <br /> of tile date of the occurrence of such damage. <br /> 9.3 Premises Total Destructionj Premises Building Total Destruction; Industrial <br /> Center Buildings Total Destruction. Subject to the provisions of paragraphs 9.4 and 9.5, ifat <br /> any time during the term of this Lease there is damage, whether or not it is an Insured Loss, and <br /> such damage falls into the cl<lssification of (a) Premises Total Destruction, or (b) Premises <br /> Building Total Destruction, or (c) Industrial Center Buildings Total Destruction, then Lessor may <br /> at its option either (y) repair such damage, but not Lessee's fixtures, equipment, or tenant <br /> improvements, as soon as reasonably possible at Lessor's expense, and this Lease shall continue <br /> in ful! force and effect, or (z) give written notice to Lessee within thirty (30) days after the date <br /> of occurrence of such damage, of Lessor's intention to cancel and terminate this Lease, in which <br /> case this Lease shat! be canceled and terminated as of the date of the occurrence of such damage. <br /> 9.4 Damage near End of Term. <br /> (a) Subject to paragraph 9.4(b), if at any time during the last six months of the term <br /> of this Lease there is substantial damage, whether or not an Insured Loss, and such damage falls <br /> within the dassification of Premises Partial Damage, Lessor may at its option cancel and <br /> temlinate this Lease as of the date of occurrence of such damage by giving \\lrittcn notice to <br /> Lessee of Lessor's election to do so within thirty (30) days after the date of occurrence of such <br /> damage. <br /> (b) Notwithstanding paragraph 9.4(a), in the event that Lessee has an option to extend <br /> or renew this Lease, and the time within which said option may be exercised has not yet expired) <br /> Lessee shall exercise such option, if it is to be exercised at all, no later than twenty (20) days <br /> . after the occurrence of an Insured Loss falling within the classification of Premises Partial <br /> Damage during the last six months of the term of this Lease. If Lessee duly exercises such <br /> option during said twenty (20) day period, Lessor shall, at its expense, repair such damage, but <br /> not Lessee's fixtures, equipment, or tenant improvements, as soon as reasonably possible, and <br /> this Lease shall continue in full force and effect. If Lessee fails to exercise such option during j' <br /> said twenty (20) day period, then Lessor may at its option tenninate and cancel this Lease as of <br /> the expiration of said twenty (20) day period by giving written notice to Lessee of Lessor's <br /> election to do so within ten (10) days aacr the expiration of said twenty (20) day period, <br /> notwithstanding any term or provision in the grant of option to the contrary. <br /> 9.5 Abatement of Rent; Lessee's Remedies. <br /> (a) In the event Lessor repairs or restores the Premises pursuant to the provisions of <br /> this paragraph 9, the rent payable hereunder for the period during which such damage) repair, or <br /> restoration continues shall be abated in proportion to the degree to which Lessee's use of the <br /> Premises is impaired. Except for abatement of rent, if any, Lessee shall have no claim against <br /> Lessor for any damage suffered by reason of any such damage, destruction, repair, or restoration. <br /> (b) If Lessor is obligated to repair or restore the Premises under the provisions of this <br /> paragraph 9 and does not commence such repair or restoration within ninety (90) days after such <br /> obligation accrues, Lessee may at its option cancel and tenninate this Lease by giving Lessor <br /> written notice of Lessee's election to do so at any time prior to the commencement of such repair <br /> or restoration. In such event this Lease shall tenninate as of the date of such notice. <br /> 9.6 Termination - Advance Payments. Upon tennination of this Lease pursuant to <br /> this paragraph 9, an equitable adjustment shall be made concerning advance rent and any <br /> advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much <br /> of Lessee's security deposit as has not theretofore been applied by Lessor. <br /> 9.7 'Waiver. Lessor and Lessee waive the provisions of any statute that relate to <br /> tennination of leases when leased property is destroyed, and agree that any such event shall be <br /> . governed by the terms of this Lease. <br /> / <br /> / <br /> / / <br /> /" <br /> 1\MINNEAPOUSIVOlIISUPI'OIIl1AAlM T "'\"'M8\R.-J.\~OO!>I!UIA(;~EEMr;:Mlll>iIWtl}l ,t page 9 --- <br /> . ../ <br /> (S:IMDATA IAMBIGENEIUl. lFORMS1REfT./..E.M.DOC) <br />