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condemnation and Landlord is to receive the full amount of such award, Tenant hereby expressly <br />waives any right to claim to any part thereof. <br />d, Tenant Damages. Although all damages in the event of any condemnation shall <br />belong to Landlord whether such damages are awarded as compensation for diminution in value <br />of the leasehold or to the fee of the Leased Premises, Tenant shall have the right to claim and <br />recover from the condemning authority, but not from Landlord, such compensation as may be <br />separately awarded or recoverable by Tenant in Tenant's own right on account of any and all <br />damage to Tenant's business by reason of the condemnation and of or on account of any cost or <br />loss to which Tenant might be put in removing Tenant's merchandise, furniture, fixtures, <br />leasehold improvements and equipment. However, Tenant shall have no claim against Landlord <br />or make any claim with the condemning authority of the loss of its leasehold estate, any <br />unexpired term of loss of any possible renewal or extension of said lease or loss of any possible <br />value of said lease, any unexpired term, renewal or extension of said Lease. <br />15. DAMAGE OR DESTRUCTION: <br />In the event of any damage or destruction to the Leased Premises by fire or other cause during <br />the term hereof, the following provisions shall apply: <br />a. Significant Damages. If the Leased Premises is damaged by fire or any other <br />cause to such extent that the cost of restoration, as reasonably estimated by Landlord, will equal <br />or exceed ten percent (10%) of the replacement value of the Leased Premises (exclusive of <br />foundations) just prior to the occurrence of the damage, then Landlord or Tenant may, no later <br />than the sixtieth (60th) day following the damage, give the other party written notice of their <br />election to terminate this Lease. <br />b. Date of Termination. If the event Landlord or Tenant elects to terminate this <br />Lease, it shall be deemed to terminate on the date of the receipt of the notice of election and all <br />rentals shall be paid up to that date. Tenant shall have no claim against landlord for the value of <br />any unexpired term of this Lease. <br />Notwithstanding anything contained in this paragraph 15 to the contrary, Landlord shall only be <br />obligated to restore the Leased Premises to the extent of the insurance proceeds actually <br />received, but if the insurance proceeds actually received do not permit Landlord to restore the <br />Leased Premises, Landlord shall so notify Tenant and either Landlord or Tenant may terminate <br />this Lease by written notice given within 60 days after Landlord's notice. If Landlord restores <br />the Leased Premises in accordance with the provisions of this Section, then Tenant shall not have <br />any right to terminate this Lease because of such damage pursuant to (i) any common law rights, <br />(ii) Minnesota Statutes §504.131 as now in effect or as it may be hereafter amended or <br />supplemented, or (iii) any comparable right established b a similar statute. <br />16. CASUALTY INSURANCE: <br />a. Landlord to Maintain. Landlord shall at all times during the term of this Lease, <br />at its expense, maintain a policy or policies of insurance with premiums paid in advance issued <br />by an insurance company licensed to do business in the State of Minnesota insuring the Leased <br />Premises against loss or damage by fire, explosion or other insurable hazards and contingencies <br />