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premises. Failure to obtain the required documents prior to the work beginning shall not waive <br />Lessee's obligation to provide them. City reserves the right to require complete, certified copies <br />of all required insurancepolicies, including endorsements, required by these specifications, at <br />any time. <br />Failure to Maintain Insurance Coverage <br />If Lessee, for any reason, fails to maintain insurance coverage which is required pursuant to <br />this contract, the same shall be deemed a material breach of contract. City, at its sole option, <br />may terminate this contract at any time and obtain damages from Lessee resulting from said <br />breach. Alternatively, City may purchase such coverage, but has no obligation to do so, and <br />seek reimbursement for such cost of insurance premiums from Lessee. <br />Special Risks or Circumstances <br />City reserves the right to modify these requirements at any time, including limits, based on the <br />nature of the risk, prior experience, insurer, coverage, or other special circumstances. <br />18. DAMAGE BY CASUALTY <br />a. In the event of a fire or other casualty in the Premises, Tenant shall immediately give notice <br />thereof to Landlord. <br />b. If the Premises, through no fault of Tenant, its agents, employees, invitees, or visitors, shall <br />be partially destroyed by fire or other casualty so as to render the Premises untenantable as <br />reasonably determined by Landlord, Rent shall abate in proportion to the percentage of square <br />footage of the Premises rendered unusable until such time as the Premises are made tenantable as <br />reasonably determined by Landlord. The entire Premises shall be made tenantable by Landlord's <br />diligent repair within sixty (60) days following the fire or casualty incident. <br />C. Except where Landlord is not obligated to repair or rebuild the Building or the Premises, <br />Landlord will use due diligence to repair or rebuild the same (except that Landlord will have no <br />obligation to repair or replace any alteration, addition, or improvements to the Premises other than <br />the Tenant Improvements installed at Landlord's expense which will be repaired only to the level <br />of Building Standard Improvements). <br />d. In the event of (i) the total destruction of the Premises, (ii) the partial destruction of the <br />Premises or the Building where the same is so damaged that it cannot, in Landlord's reasonable <br />opinion, be repaired within sixty (60) days of the occurrence of such damage, or (iii) damage or <br />destruction as a result of any casualty for which insurance proceeds are not available to pay 100% <br />of the cost of repair or rebuilding, Landlord will have no obligation to repair or rebuild the Premises <br />or the Building. Landlord will make its determination whether to repair or rebuild within sixty <br />(60) days of the occurrence of such damage or destruction. Upon notification to Tenant of <br />Landlord's decision not to repair or rebuild, this Lease shall terminate. In such an event, Tenant <br />shall be reimbursed by Landlord any rent monies transferred from Tenant to Landlord during this <br />sixty (60) day period within fourteen (14) days after the termination of the lease. <br />Page 6 of 12 <br />