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right to terminate this Lease except as herein provided. Upon completion of such restoration, the <br />rent shall be adjusted based upon the portion, if any, of the Leased Property restored. <br />c. Tenant Waiver. Subject to the notice provision in paragraph 13 a. above, in the <br />event of any condemnation or taking as aforesaid, whether whole or partial, Tenant shall not be <br />entitled to any part of the award paid for such condemnation and Landlord is to receive the full <br />amount of such award, Tenant hereby expressly 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 Property, 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 Property by fire or other cause during the <br />term hereof, the following provisions shall apply: <br />a. Significant Damages. If the Leased Property 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 twenty percent (20%) of the replacement value of the Leased Property (exclusive of <br />foundations) just prior to the occurrence of the damage, then Landlord may, no later than the <br />sixtieth (60th) day following the damage, give Tenant written notice of Landlord's election to <br />terminate this Lease. <br />b. Date of Termination. In the event Landlord elects to terminate this Lease, it <br />shall be deemed to terminate on the date of the occurrence of damage or destruction 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 except for prepaid rent. <br />Notwithstanding anything contained in this paragraph 14 to the contrary, Landlord shall only be <br />obligated to restore the Leased Property to the extent of the insurance proceeds actually received, <br />but if the insurance proceeds actually received do not permit Landlord to restore the Leased <br />Property, Landlord shall so notify Tenant and either Landlord or Tenant may terminate this <br />Lease by written notice given within 60 days after Landlord's notice. If Landlord restores the <br />Leased Property in accordance with the provisions of this Section, then Tenant shall not have any <br />right to terminate this Lease because of such damage pursuant to (i) any common law rights, (ii) <br />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 />7 <br />