Common use of Damage or Destruction; Duty to Restore Clause in Contracts

Damage or Destruction; Duty to Restore. If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a) the Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; or (b) the Lessor may terminate this Lease without liability and the Lessee must pay the Lessor as Additional Rent the insurance proceeds resulting from the damaged or destroyed Premises.

Damage or Destruction; Duty to Restore. If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a1) the Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; or (b2) the Lessor may terminate this Lease without liability and the Lessee must pay the Lessor as Additional Rent additional rent the insurance proceeds resulting from the damaged or destroyed Premises.

Damage or Destruction; Duty to Restore. If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a) the Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence diligence, subject to the written prior approval of the Lessor, shall repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; or (b) the Lessor may terminate this Lease without liability and the Lessee must shall pay to the Lessor as Additional Rent additional rent the insurance proceeds resulting from the damaged or destroyed Premises.

Damage or Destruction; Duty to Restore. ‌ If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a) the Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; or (b) the Lessor may terminate this Lease without liability and the Lessee must pay the Lessor as Additional Rent the insurance proceeds resulting from the damaged or destroyed Premises.

Damage or Destruction; Duty to Restore. ‌‌ If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor:Lessor:‌ (a) the Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; oror‌ (b) the Lessor may terminate this Lease without liability and the Lessee must pay the Lessor as Additional Rent the insurance proceeds resulting from the damaged or destroyed Premises.Premises.‌

Damage or Destruction; Duty to Restore. If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a) the The Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; or (b) the The Lessor may terminate this Lease without liability and the Lessee must pay the Lessor as Additional Rent the insurance proceeds resulting from the damaged or destroyed Premises.

Damage or Destruction; Duty to Restore. If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a) the Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence diligence, subject to the written prior approval of the Lessor, shall repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; oror‌ (b) the Lessor may terminate this Lease without liability and the Lessee must shall pay to the Lessor as Additional Rent additional rent the insurance proceeds resulting from the damaged or destroyed Premises.

Damage or Destruction; Duty to Restore. ‌ If the Premises or any portion thereof are damaged or destroyed at any time during the Lease Term, one of the following will occur as directed by the Lessor: (a) the The Lessee, subject to the Lessor’s prior written approval, must as promptly as reasonably practicable and with all due diligence repair or replace the damaged or destroyed Premises to the condition that existed prior to the damage or destruction; or (b) the The Lessor may terminate this Lease without liability and the Lessee must pay the Lessor as Additional Rent the insurance proceeds resulting from the damaged or destroyed Premises.