Premises Restoration. Licensee must, at its expense, clear the Premises of all construction debris and repair all fences or other facilities or appurtenances affected by its construction or maintenance of the Licensed Facility. Licensee may not install fences; plant trees, brush or vegetation; or construct any building or structure on the Premises without Platte River’s prior written permission.
Premises Restoration. Subject to Section 8.3, if all or any of the Buildings, and/or leased space (including the improvements therein, other than the Base Building Systems) in the Museum Block and/or Xxxxxxxxxxxx Block, now or hereafter forming a part of the Premises, and/or Pier 17, including any portions thereof at any time not forming a part of the Premises, shall be damaged or destroyed in whole or in part by fire or other casualty (including any casualty for which insurance was not obtained or obtainable) of any kind or nature, ordinary or extraordinary, foreseen or unforeseen, Tenant shall give Landlord immediate notice thereof, and Tenant, at its sole cost and expense, whether or not such casualty shall have been insured or be insurable against and, except as otherwise hereinafter expressly set forth, whether or not the insurance proceeds, if any, shall be sufficient to pay for the necessary repairs, restorations, replacements and rebuilding, shall promptly repair, restore, replace and rebuild (collectively a "Premises Restoration") such damaged or destroyed Buildings or space therein (excluding space not specifically demised to Tenant in the Museum Block or Xxxxxxxxxxxx Block) and/or Pier 17 at least to the extent of the quality and condition and as nearly as possible to the character thereof existing immediately prior to such occurrence, or with such changes or alterations thereto as may be made at Tenant's election and with Landlord's approval, or as may be required by the New York City Landmarks Preservation Commission or other applicable landmarks authorities and/or other Governmental Requirements, and Landlord agrees to cooperate with Tenant in obtaining all necessary permits and approvals for such Premises Restoration provided that such cooperation shall be at no cost to Landlord. Notwithstanding the foregoing, restoration of any Base Building Systems in the Museum Block or Xxxxxxxxxxxx Block shall be addressed in Section 8.2 hereof. Notwithstanding the foregoing, if Pier 17 shall be damaged or destroyed in whole or in part, Tenant shall not be obligated to expend for the Premises Restoration of Pier 17 an amount in excess of the greater of (i) the insurance proceeds paid for the damage or destruction thereof, and (ii) the insurance proceeds which would have been payable for such damage or destruction had Tenant fulfilled its insurance requirements in respect of Pier 17. In any such case where the insurance proceeds payable (or which would have been payable under ...
Premises Restoration. Upon the expiration or earlier termination of the Lease, Tenant shall remove such improvements, alterations and/?? modifications of the Premises as Landlord directs and restore the Premises to "white box condition. All removal and restoration will leave the Premises in good order and condition and ready to rent without any uncorrected code violations caused by such removal and/or modification. All debris will be hauled away by Tenant and the Premises will be left "broom clean" and repainted. Tenant will continue to pay the monthly rent and triple net charges until the entire restoration of the Premises is fully completed and all keys to the Premises are returned to Landlord. In the event Tenant shall fail to return the premises to the above mentioned condition, Landlord may at his option make such repairs as deemed necessary to return the premises to a ready to rent condition. All costs and expenses incurred by Landlord for said restoration will be taken out of any security deposit held under paragraph P of the Rider to Lease Agreement. Any remaining deficiency shall be paid to Landlord within (10) days of receipt of such invoice.
Premises Restoration. Each failure to properly restore the premises or to correct related violations of specifications, regulations or standards within 15 business days of having been notified by LANDLORD to correct such defects - $500 per day. Such amount is in addition to any cost LANDLORD may incur to restore the premises or correct the violation.
