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Terminate this Lease.ÌýIf Landlord does not give Tenant notice in writing within thirty (30) days from the destruction of the Premises of its election to either rebuild and restore them, or to terminate this Lease, Landlord shall be deemed to have elected to rebuild or restore them, in which event Landlord agrees, at its expense, promptly to rebuild or restore the Premises to their condition prior to the damage or destruction. In the event the Premises are damaged or destroyed from any insured peril to the extent of fifty (50%) percent or less of the then replacement cost of the Premises, Landlord shall, at Landlords expense, promptly rebuild or restore the Premises to their condition existing prior to the damage or destruction, and Tenant shall pay to Landlord upon commencement of reconstruction an amount not to exceed FIVE THOUSAND Dollars ($5,000.00), of ---- -------- ----------- any deductible from the insurance policy. If Landlord does not complete the rebuilding or restoring within ninety (90) days following the date of destruction (such period of time to be extended for delays caused by the fault or neglect of Tenant or because of acts of God, acts of public agencies, Labor disputes, strikes, fires, freight embargos, rainy or stormy weather, inability to obtain materials, supplies or fuels, acts of contractors, or subcontractors, or delay of the contractors or subcontractors due to such causes or other contingencies beyond the control of Landlord), then Tenant shall have the right to terminate this Lease by giving fifteen (15) days prior written notice to Landlord. Landlord's obligation to rebuild or restore shall not include restoration of Tenant's trade fixtures, equipment, merchandise, or any improvements, alterations or additions made by Tenant to the Premises. In the event that any portion of the Premises is destroyed or damaged by uninsured peril, Landlord or Tenant may, upon written notice to the other, given within thirty (30) days after the occurrence of such damage or destruction, elect to terminate this Lease; provided, however, that either party may, within thirty (30) days after receipt of such notice, elect to make any required repairs and/or restoration at such party's sole cost and expense, in which event this Lease shall remain in full force and effect, and the party having made such election to restore and repair shall thereafter diligently proceed with such repairs and/or restoration. Unless this Lease is terminated pursuant to the foregoing provisions,...