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Lessor to hold over after the expiration or termination of this lease, or any extension <br /> thereof,such holding over(in the absence of any written agreement to the contrary), shall <br /> be construed as a tenancy from calendar month to calendar month at a monthly rental <br /> equal to the rental for the last month paid under this lease. A month-to-month tenancy <br /> arising by Lessee's holding over under this paragraph may be terminated by written notice <br /> from either party to the other party on or before the day on which any monthly rent is <br /> due with termination not becoming effective until the day on which the next following <br /> monthly rental would have otherwise become due. <br /> 11. Casualty: If at any time the leased premises (or the building which forms the principal <br /> component of the leased premises) shall be damaged by fire, or any other major casualty <br /> not the fault of Lessee, and the cost of repairing the damage does not exceed twenty <br /> percent(20%)of the value of the improvements of the premises herein leased,then lessor <br /> shall as soon as reasonably practicable repair the damage caused by fire or other casualty. <br /> If, however, the damage should exceed twenty percent (20%) of the value of the <br /> improvements of the premises herein leased (or the building which forms the principal <br /> component of the leased premises), then Lessor shall have the option of either repairing <br /> the premises as set out above or terminating this lease as of the date of fire or other <br /> casualty by notice to Lessee within 30 days after such date. If the damage should render <br /> the leased premises untenable for the use of Lessee's business as set forth herein, the <br /> rental from the date of fire or other major casualty not the fault of Lessee, to the date of <br /> completion of the restoration of the premises shall be abated, such abatement being <br /> figured on a pro rata basis of the rentals herein provided. <br /> 4of6 <br />