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premium directly or indirectly, and whether or not the person or entity has an insurable interest <br />in the property damaged. <br />17. DAMAGE OR DESTRUCTION BY FIRE OR OTHER CASUALTY. <br />(a) If the Leased Premises are damaged by fire, earthquake or other casualty <br />('Casualty"), Tenant shall give immediate written notice to Landlord. If Landlord estimates that <br />(i) the damage can be repaired to meet Tenant's business needs within one hundred eighty (180) <br />days after Landlord is notified by Tenant of such damage, and (ii) if there are sufficient insurance <br />proceeds available to repair such damage, then Landlord shall proceed with reasonable diligence <br />to restore the Leased Premises to substantially the condition which existed prior to the damage <br />and this Lease shall not terminate. If either of the conditions set forth in phase (i) and (ii) of the <br />previous sentence are not satisfied, then Landlord may elect in its sole and absolute discretion, <br />to either: (x) terminate this Lease or (y) restore the Leased Premises to substantially the same <br />condition which existed prior to the damage and this Lease shall continue. Notice of Landlord's <br />election shall be delivered to Tenant within ninety (90) days after the date Landlord receives <br />written notice of the damage. Failure to deliver notice within the specified period shall be treated <br />as an election not to restore. Tenant agrees to look to the provider of Tenant's insurance for <br />coverage for the loss of Tenant's use of the Leased Premises and any other related losses or <br />damages incurred by Tenant during any reconstruction period following a Casualty. <br />(b) Not Used <br />18, CONDEMNATION. If the property or any part thereof wherein the Leased <br />Premises are located shall be taken by public or quasi -public authority under any power of <br />eminent domain or condemnation, this Lease, at the option of Landlord shall terminate and <br />Tenant shall have no claim or interest in or to any award of damages for such taking. In the case <br />of a taking of a part of the Leased Premises or a portion of the Building not required for Tenant's <br />reasonable use of the Leased Premises, this Lease shall continue in full force and effect and the <br />Base Rent shall be equitably reduced based on the proportion by which the floor area of the <br />Leased Premises is reduced, such reduction in Base Rent to be effective as of the date the physical <br />taking occurs. Landlord reserves all rights to damages or awards for any taking by eminent <br />domain relating to the Leased Premises, the Building and the real property upon which the <br />Building is situated, and the unexpired term of this Lease. Tenant assigns to Landlord any right <br />Tenant may have to such damages or award and Tenant shall make no claim against Landlord for <br />damages for termination of its leasehold interest or interference with Tenant's business. Tenant <br />shall have the right, however, to claim and recover from the condemning authority compensation <br />for any loss to which Tenant may be entitled for Tenant's moving expenses or other relocation <br />costs if they are awarded separately to Tenant in the eminent domain proceedings and do not <br />reduce the damages or award to Landlord. <br />19. EVENTS OF DEFAULT. Each of the following occurrences is an "Event of Default": <br />11 <br />