Failure to Commence Repairs. If the Work shall not have been commenced within one hundred eighty (180) days of the date of the casualty or other occurrence, or such longer period as may be reasonably required to adjust the insurance, achieve final plans and obtain all necessary Permits, or if such Work after commencement shall not proceed with due diligence (any Force Majeure event excepted), Lessor may terminate this Lease pursuant to Article 16. On such termination, the Insurance Proceeds received by Lessee shall be used to the extent necessary to demolish and remove the Permitted Improvements and any other structures on the Premises and to restore the Premises, except as otherwise specified in Section 6.1 of this Lease. Upon the completion of such activities, Lessee shall have no further obligation to pay Lessor the Annual Lease Payment or any other amount under this Lease (other than payments due as of the effective date of termination and payments required by any provisions of this Lease that expressly survive termination).
Failure to Commence Repairs. If the Work has not commenced within ninety (90) Days after the date of the damage or destruction or if the Work, after it commenced, does not proceed expeditiously, then Landlord may give Tenant a ten- (10) Day Notice to complete the Work. If Tenant fails to complete the Work within the ten- (10) Day period, then Landlord may terminate this Lease. If this Lease is terminated, the insurance proceeds shall be paid to Landlord and all policies of insurance and insurance proceeds receivable shall belong to and be retained by Landlord without any claim thereon by Tenant.
Failure to Commence Repairs. If the Work shall not have been commenced within six (6) months from the date of the Determination, or if such Work after
Failure to Commence Repairs. If the Work has not commenced within a reasonable time after the date of the damage or destruction, or if the Work, after it has commenced, does not proceed expeditiously, then this failure to commence or prosecute the Work will constitute a material breach under Article 16 of this Lease, and Landlord may terminate the Lease. If the Lease is terminated, then the property insurance proceeds received by or due to Tenant must be paid to Landlord, and all property insurance proceeds receivable for damage to or destruction of the Premises or Tenant Improvements will belong to and be retained by Landlord without claim thereto by Tenant.
Failure to Commence Repairs. If the Restoration Work shall not have been commenced within one year, or such longer period as may be reasonably required to adjust the insurance, achieve final plans and obtain all necessary permits, after the damage or destruction, or if such Restoration Work after commencement shall not proceed with due diligence (any Force Majeure event excepted), the Town may terminate this Sublease pursuant to Article 15. On such termination, the Insurance Proceeds received by the Town shall be retained by the Town, to the extent necessary to demolish any existing structures on the Sublease Premises, with any remainder to be forwarded to Tenant.
Failure to Commence Repairs. If Lessor shall be obligated under this Paragraph 9 to repair or restore the Premises and does not commence, in a substantial and meaningful way, such repair or restoration within ninety (90) days after such obligation shall arise (subject to extension for reasonable delays for insurance adjustment or other matters beyond Lessor’s reasonable control), Lessee may, at any time prior to the commencement (in a substantial and meaningful way) of such repair or restoration, give written notice to Lessor and to any Lenders of which Lessee has actual notice, of Lessee’s election to terminate this Lease on a date not less than sixty (60) days following the giving of such notice. If Lessee gives such notice and such repair or restoration is not commenced (in a substantial and meaningful way) within sixty (60) days thereafter, this Lease shall terminate as of the date specified in said notice. If the repair or restoration is commenced (in a substantial and meaningful way) within said sixty (60) days, then unless this Lease shall be terminated under Paragraph 9.2, 9.4 or 9.5, above, this Lease shall continue in full force and effect.
Failure to Commence Repairs. If Work to permanently repair, replace or rebuild the Premises or any part thereof has not commenced within one hundred and eighty (180) days after the date of the damage or destruction, or if such Work after commencement shall not proceed expeditiously, Lessor, following any applicable Notice and cure period required by Section 14, may terminate this Lease with respect to that portion of the Premises and immediately transfer ownership of that portion of the Land to Lessee in accordance with Section 26 of this Lease. However, in the event that Lessee fails to initiate Work to permanently repair, replace or rebuild the Crystal Lagoon within ninety (90) days after the damage or destruction, or if such Work after commencement shall not proceed expeditiously, Lessor, following any applicable Notice and cure period required by Section 14, may terminate this Lease and immediately transfer ownership of the Land to Lessee in accordance with Section 26 of this Lease.
Failure to Commence Repairs. If Tenant shall not have Demolished and/or Made Safe to the City's satisfaction within one hundred eighty (180) days of the date of such Casualty, or if Tenant is required to restore Tenant's Improvements under Section 11.1 hereof and (a) has not commenced reasonably diligent efforts to obtain all necessary permits to restore Tenant's Improvements as provided herein, or (b) if after such permits have been obtained, Tenant has not commenced the performance of such restoration within eighteen (18) months of the date of such Casualty or such longer period as may be required for settlement of insurance claims and construction, or (c) if Tenant thereafter fails to prosecute the restoration of Tenant's Improvements in accordance with the Final Restoration Plans expeditiously and continuously, in each case subject to delays due to Force Majeure or the acts or omissions of the City, the City may, subject to the rights of Permitted Leasehold Mortgagees, terminate this Lease in accordance with Section by written notice given to Tenant.
Failure to Commence Repairs. County may terminate this Agreement pursuant to Section 3.18 herein if the work shall not have been commenced within one hundred twenty (120) days after the damage or destruction has occurred or if the work, after commencement, shall not proceed expeditiously. Provided, however, that any delay resulting from a Force Majeure Event shall extend the time for commencement or completion of the work. On such termination, the insurance proceeds received by or payable to Contractor shall first be paid to Contractor's mortgagee, if applicable, in connection with Improvements on the Assigned Premises, and then, any remaining proceeds shall be paid to Contractor, and County as their respective interests may appear.
Failure to Commence Repairs. County may terminate this Agreement pursuant to Section 3.15 herein if the work shall not have been commenced within one hundred eighty (180) days after the damage or destruction has occurred or if the work, after commencement, shall not proceed expeditiously. Provided, however, that any delay resulting from a Force Majeure Event or a County delay shall extend the time for commencement or completion of the work. On any such termination, the insurance proceeds received by or payable to Licensee shall first be paid to Licensee, and County as their respective interests may appear.
