Common use of Landlord's Obligation to Restore Clause in Contracts

Landlord's Obligation to Restore. In the event of a destruction of the Premises during the Lease Term, Landlord and Tenant, to the extent of Tenant’s Alterations, shall repair the same to a similar condition to that which existed prior to such destruction. Such destruction shall not annul or void this Lease; however, Tenant shall be entitled to a proportionate reduction of Base Monthly Rent while repairs are being made, such proportionate reduction to be based upon the extent to which the repairs interfere with Tenant’s business in the Premises, as reasonably determined by Landlord. In no event shall Landlord be required to replace or restore Initial Alteration, Alterations, or Tenant’s fixtures or personal property. Tenant shall be obligated to replace and restore all Initial Alterations and Alterations.

Landlord's Obligation to Restore. In the event of a destruction of the Premises during the Lease Term, Term Landlord and Tenant, to the extent of Tenant’s Alterationsits alterations and Tenant Improvements, shall repair the same to a similar condition to that which existed prior to such destruction. Such destruction shall not annul or void this Lease; however, Tenant shall be entitled to a proportionate reduction of Base Monthly Rent and Additional Rent while repairs are being made, such proportionate reduction to be based upon the extent to which the repairs interfere with Tenant’s business in the Premises, as reasonably determined by Landlord. In no event shall Landlord be required to replace or restore Initial Alteration, Alterations, Tenant Improvements paid for by Tenant from sources other than the Work Allowance or Tenant’s fixtures or personal property. Tenant shall be obligated to replace and restore all Initial Alterations and Alterations.

Landlord's Obligation to Restore. In the event of a destruction of the Premises during the Lease Term, Term Landlord and Tenant, to the extent of Tenant’s its Initial Alterations and Alterations, shall repair the same to a similar condition to that which existed prior to such destruction. Such destruction shall not annul or void this Lease; however, Tenant shall be entitled to a proportionate reduction of Base Monthly Rent while repairs are being made, such proportionate reduction to be based upon the extent to which the repairs interfere with Tenant’s business in the Premises, as reasonably determined by Landlord. In no event shall Landlord be required to replace or restore Initial AlterationAlterations, Alterations, or Tenant’s fixtures or personal property. Tenant shall be obligated to replace and restore all Initial Alterations and Alterations.

Landlord's Obligation to Restore. In the event of a destruction of the Premises during the Lease Term, Term Landlord and Tenant, to the extent of Tenant’s Alterations, shall repair the same to a similar condition to that which existed prior to such destruction. Such destruction shall not annul or void this Lease; however, Tenant shall be entitled to a proportionate reduction of Base Monthly Rent while repairs are being made, such proportionate reduction to be based upon the extent to which the destruction and repairs interfere with Tenant’s business in the Premises, as reasonably determined by Landlord. In no event shall Landlord be required to replace or restore Initial Alteration, Alterations, Alterations or Tenant’s fixtures or personal property. Tenant shall be obligated to replace and restore all Initial Alterations and Alterationsto the extent feasible.

Landlord's Obligation to Restore. In the event of a damage or destruction of the Premises during the Lease TermTerm Landlord, Landlord and Tenant, Tenant to the extent of Tenant’s its Specialized Tenant Improvements and Alterations, shall repair the same to a similar condition to that which existed prior to such damage or destruction. Such damage or destruction shall not annul or void this Lease; however, Tenant shall be entitled to a proportionate reduction of Base Monthly Rent while repairs are being made, such proportionate reduction to be based upon the extent to which the repairs interfere with Tenant’s business in the Premises, as reasonably determined by LandlordTenant. In no event shall Landlord be required to replace or restore Initial Alteration, Alterations, Specialized Tenant Improvements or Tenant’s trade fixtures or personal property. Tenant shall be obligated to replace and restore all Initial Alterations Specialized Tenant Improvements and Alterations.