Common use of DAMAGE AND DESTRUCTION OF PREMISES Clause in Contracts

DAMAGE AND DESTRUCTION OF PREMISES. A. RESTORATION OF PREMISES If the Premises or any portion thereof are damaged or destroyed by fire or other casualty, Lessee shall, with all reasonable diligence, repair, reconstruct and restore the Premises, including but not limited to all Facilities, as nearly as possible to the condition which existed immediately prior to the damage or destruction, subject to the approval of the Authority.

DAMAGE AND DESTRUCTION OF PREMISES. A. RESTORATION OF PREMISES If the Premises Premises, Facilities or any portion thereof are damaged or destroyed by fire or other casualty, Lessee shall, with all reasonable diligence, repair, reconstruct and restore the Premises, including but not limited to all Facilities, as nearly as possible to the condition which existed immediately prior to the damage or destruction, subject to the approval of the Authority.