Common use of Procedure for Restoring Premises Clause in Contracts

Procedure for Restoring Premises. When Cinelux is obligated to restore the Premises, within sixty (60) days Cinelux at its cost shall prepare final plans, specifications, and working drawings complying with applicable laws that will be necessary for restoration of the Premises. The plans, specifications, and working drawings must be approved by Town. Town shall have thirty (30) days after receipt of the plans and specifications and working drawings to either approve or disapprove the plans, specifications, and working drawings and return them to Cinelux. If Town disapproves the plans, specifications, and working drawings, Town shall notify Cinelux of its objections and Town's proposed solution to each objection. Cinelux acknowledges that the plans, specifications, and working drawings shall be subject to approval of the appropriate governmental bodies and that they will be prepared in such a manner as to obtain that approval. The restoration shall be accomplished as follows: A. Cinelux shall complete the restoration within 60 working days after final plans and specifications and working drawings have been approved by the appropriate governmental bodies and all required permits have been obtained (subject to a reasonable extension for delays resulting from causes beyond Cinelux's reasonable control). B. Cinelux shall retain a licensed contractor that is bondable. The contractor shall be required to carry public liability and property damage insurance, standard fire and extended coverage insurance, with vandalism and malicious mischief endorsements, during the period of construction in accordance with Section 20 (Insurance). Such insurance shall contain waiver of subrogation clauses in favor of Town and C. Cinelux shall notify Town of the date of commencement of the restoration at least ten ( I0) days before commencement of the restoration to enable Town to post and record notices of nonresponsibility. The contractor retained by Cinelux shall not commence construction until a performance bond and a labor and materials bond have been delivered to Town to insure completion of the construction.

Procedure for Restoring Premises. When Cinelux CineLux is obligated to restore the Premises, within sixty (60) days Cinelux CineLux at its cost shall prepare final plans, specifications, and working drawings complying with applicable laws that will be necessary for restoration of the Premises. The plans, specifications, and working drawings must be approved by Town. Town shall have thirty (30) days after receipt of the plans and specifications and working drawings to either approve or disapprove the plans, specifications, and working drawings and return them to CineluxCineLux. If Town disapproves the plans, specifications, and working drawings, Town shall notify Cinelux CineLux of its objections and Town's proposed solution to each objection. Cinelux CineLux acknowledges that the plans, specifications, and working drawings shall be subject to approval of the appropriate governmental bodies and that they will be prepared in such a manner as to obtain that approval. The restoration shall be accomplished as follows: A. Cinelux CineLux shall use best efforts to complete the restoration within 60 working days after final plans and specifications and working drawings have been approved by the appropriate governmental bodies and all required permits have been obtained (subject to a reasonable extension for delays resulting from causes beyond CineluxCineLux's reasonable control). B. Cinelux CineLux shall retain a licensed contractor that is bondable. The contractor shall be required to carry public liability and property damage insurance, standard fire and extended coverage insurance, with vandalism and malicious mischief endorsements, during the period of construction in accordance with Section 20 (Insurance). Such insurance shall contain waiver of subrogation clauses in favor of Town andand CineLux in accordance with the Provisions of Exhibit C. C. Cinelux CineLux shall notify Town of the date of commencement of the restoration at least ten ( I0) days before commencement of the restoration to enable Town to post and record notices of nonresponsibility. The contractor retained by Cinelux CineLux shall not commence construction until a performance bond and a labor and materials bond have been delivered to Town to insure completion of the construction. D. CineLux shall accomplish the restoration in a manner that will cause the least inconvenience, annoyance, and disruption at the Premises. E. On completion of the restoration, CineLux shall immediately record a notice of completion in the county in which the Premises are located. The restoration shall not be commenced until sums sufficient to cover the cost of restoration are placed with the Insurance Trustee as provided in this Section.

Procedure for Restoring Premises. When Cinelux CineLux is obligated to restore the Premises, within sixty (60) days Cinelux CineLux at its cost shall prepare final plans, specifications, and working drawings complying with applicable laws that will be necessary for restoration of the Premises. The plans, specifications, and working drawings must be approved by Town. Town shall have thirty (30) days after receipt of the plans and specifications and working drawings to either approve or disapprove the plans, specifications, and working drawings and return them to CineluxCineLux. If Town disapproves the plans, specifications, and working drawings, Town shall notify Cinelux CineLux of its objections and Town's proposed solution to each objection. Cinelux CineLux acknowledges that the plans, specifications, and working drawings shall be subject to approval of the appropriate governmental bodies and that they will be prepared in such a manner as to obtain that approval. The restoration shall be accomplished as follows: A. Cinelux CineLux shall use best efforts to complete the restoration within 60 working days after final plans and specifications and working drawings have been approved by the appropriate governmental bodies and all required permits have been obtained (subject to a reasonable extension for delays resulting from causes beyond CineluxCineLux's reasonable control). B. Cinelux CineLux shall retain a licensed contractor that is bondable. The contractor shall be required to carry public liability and property damage insurance, standard fire and extended coverage insurance, with vandalism and malicious mischief endorsements, during the period of construction in accordance with Section 20 (Insurance). Such insurance shall contain waiver of subrogation clauses in favor of Town andand CineLux in accordance with the Provisions of Exhibit C. C. Cinelux CineLux shall notify Town of the date of commencement of the restoration at least ten ( I0) days before commencement of the restoration to enable Town to post and record notices of nonresponsibility. The contractor retained by Cinelux CineLux shall not commence construction until a performance bond and a labor and materials bond have been delivered to Town to insure completion of the construction. X. XxxxXxx shall accomplish the restoration in a manner that will cause the least inconvenience, annoyance, and disruption at the Premises. E. On completion of the restoration, CineLux shall immediately record a notice of completion in the county in which the Premises are located. The restoration shall not be commenced until sums sufficient to cover the cost of restoration are placed with the Insurance Trustee as provided in this Section.