Common use of Acts of Nature Clause in Contracts

Acts of Nature. If any of Lessee’s improvements or equipment is destroyed by acts of nature, Lessee may replace them with improvements or equipment of the same general type that meet or exceed the technical specifications of the original equipment, which occupies no more physical space, and consumes no more electrical power. Lessee shall immediately notify State of such items and the date the replacement is completed.

Appears in 2 contracts

Samples: Ground Space Lease, Shipping Ground Space Lease

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Acts of Nature. If any of Lessee’s LESSEE’S improvements or equipment is are destroyed by acts of nature, Lessee LESSEE may replace them with improvements or equipment of the same general type that meet meets or exceed exceeds the technical specifications of the original equipment, which occupies no more physical space, space and that consumes no more electrical power. Lessee LESSEE shall immediately notify State STATE of such items and the date the replacement is completed.

Appears in 2 contracts

Samples: Cafeteria Lease Agreement, Cafeteria Lease Agreement

Acts of Nature. If any of Lessee’s improvements or equipment is are destroyed by acts of nature, Lessee may replace them with improvements or equipment of the same general type that meet meets or exceed exceeds the technical specifications of the original equipment, which occupies no more physical space, space and that consumes no more electrical power. Lessee shall immediately notify State of such items and the date the replacement is completed.

Appears in 2 contracts

Samples: Cafeteria Lease Agreement, Retail Sublease Agreement

Acts of Nature. If any of Lessee’s LESSEE’S improvements or equipment is are destroyed by acts of nature, Lessee XXXXXX may replace them with improvements or equipment of the same general type that meet meets or exceed exceeds the technical specifications of the original equipment, which that occupies no more physical space, space and that consumes no more electrical power. Lessee LESSEE shall immediately notify State STATE of such items and the date the replacement is completed.

Appears in 1 contract

Samples: Lease Agreement

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Acts of Nature. If any of Lessee’s LESSEE’S improvements or equipment is destroyed by acts of nature, Lessee XXXXXX may replace them with improvements or equipment of the same general type that meet meets or exceed exceeds the technical specifications of the original equipment, which equipment that occupies no more physical space, space and that consumes no more electrical power. Lessee LESSEE shall immediately notify State STATE of such items and the date the replacement is completed.

Appears in 1 contract

Samples: Lease Agreement

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