Obligation to reinstate. Where the Operator elects to reinstate the Facility following a Reinstatement Event, the Operator must: ensure that the repair and/or reinstatement results in the Facility being able to achieve or exceed the Performance Requirements; and apply the proceeds of any insurance payment received in respect of any loss, damage or destruction to the Facility to the repair or reinstatement of the Facility. The Operator must comply with its obligations under this clause 20.4: promptly and diligently, without unnecessary or unreasonable delay in the relevant circumstances; and in accordance with Good Industry Practice. Change in Law Change in Law The Operator must notify the Commonwealth within 10 Business Days after becoming aware of any actual or impending Change in Law. Subject to clause 21.2, at any time after the date which is 12 months after the Signing Date, if a Change in Law occurs that prevents or materially interferes with the operation of this Agreement or any of the transactions contemplated by this Agreement, the parties must: use reasonable endeavours to mitigate the effect of the Change in Law; and consider and negotiate in Good Faith any specific amendment to this Agreement (other than to any Annual Payment Cap) requested by a party so as to preserve the efficacy of the operation of this Agreement in the manner intended as at the Signing Date. Subject to the parties rights pursuant to clauses 35 and 36, if the parties are unable to agree any changes to this Agreement as contemplated under clause 21.1(b)(ii), this Agreement will continue to operate in accordance with its terms. This clause 21.1 may operate in conjunction with clause 21.3 but is intended to address amendments to this Agreement other than those relating to Relevant Cost Changes.
Obligation to reinstate. Subject to the provisions of clause 6.6.3 RELIEF FROM THE OBLIGATION TO REINSTATE, and, if any permissions are required, after they have been obtained, the Landlord must as soon as reasonably practicable apply all money received in respect of the insurance, except sums in respect of loss of the Rent, in rebuilding or reinstating the Premises
Obligation to reinstate. 5.5.2.1 Subject to the provisions of clause 5.5.3, and, if any permissions are required, after they have been obtained, the Tenant must as soon as reasonably practicable apply all money received in respect of the insurance, except sums in respect of loss of the Rent, in rebuilding or reinstating the Premises or as the case may be rebuild or rein- state the Adjoining Conduits, the Accessway or the Car Park (to the extent that the same may have been destroyed or damaged at the same time as the Premises) mak- ing up any difference between the cost of rebuilding and reinstating and the money received out of its own money provided that in the event of substantial damage to or destruction of the Premises by an Insured Risk the above provisions shall have ef- fect as if they obliged the Tenant to rebuild and reinstate the Premises in the form in which they were immediately before the occurrence of the destruction or dam- age but with such modification as
Obligation to reinstate. Subject to the provisions of clause 5.6.3
Obligation to reinstate. 3.94. In the case of destruction or damage of the Premises by any of the Insured Risks or an Uninsured Risk the Tenant will following the issue of the Reinstatement Certificate complete the rebuilding or reinstatement of the Premises by the carrying out of the Fitting Out Works to the reasonable satisfaction of the Landlord employing such architects surveyors and other professional advisers as shall previously be approved in writing by the Landlord and in accordance with plans and specifications previously approved by the Landlord (all such approvals not to be unreasonably withheld or delayed and the Landlord and the Tenant will use all reasonable endeavours to seek to agree the Tenant’s plans and specifications in sufficient advance time so as to permit the Tenant to commence its reinstatement works on the date of the Reinstatement Certificate) (the date of the last such approval being granted in writing being the “Approvals Date”) it being hereby agreed as follows:
Obligation to reinstate. If and whenever the Premises or any part of them are damaged or destroyed by one or more of the Insured Risks the Tenant must immediately, at the option of the Landlord, either
Obligation to reinstate. 5.5.2.1 Subject to the provisions of clause 5.5.3, and, if any permissions are required, after they have been obtained, the Tenant must as soon as reasonably practicable apply all money received in respect of the insurance, except sums in respect of loss of the Rent, in rebuilding or reinstating the Premises or as the case may be rebuild or rein- state the Adjoining Conduits, the Accessway or the Car Park (to the extent that the same may have been destroyed or damaged at the same time as the Premises) mak- ing up any difference between the cost of rebuilding and reinstating and the money received out of its own money provided that in the event of substantial damage to or destruction of the Premises by an Insured Risk the above provisions shall have ef- fect as if they obliged the Tenant to rebuild and reinstate the Premises in the form in which they were immediately before the occurrence of the destruction or dam- age but with such modification as 27865-1 lease to squash club v2 5.7.1627865-1 lease to squash club v2 5 7 16.doc01257021.doc.27865-1 22 lease to Kirkbymoorside Squash Club v1 27.2.15v2 5.7.16.doc
Obligation to reinstate. (a) Where the Operator elects to reinstate the Facility following a Reinstatement Event, the Operator must:
