Common use of Rebuilding by Owner Clause in Contracts

Rebuilding by Owner. In the event that either the Owner does not request or the Trust does not give the approval referred to in section 8.2, the Owner shall replace, rebuild, restore or repair the Buildings to the limit of any proceeds receivable under the aforementioned insurance policy or policies on the Buildings and of any additional monies contributed by the Trust towards the replacement, rebuilding, restoration or repair of the Buildings to effect a partial or complete restoration of the Heritage Features (in this section 8.0, the “Work”). Before the commencement of the Work, the Owner shall submit all plans, designs and specifications for the Work for its written approval within one hundred and thirty-five (135) days of the damage or destruction occurring to the Buildings. The Owner shall not commence or cause the Work to be commenced before receiving the written approval of the Trust of the plans, designs and specifications for the Work and the Work shall be performed in accordance with the approved plans, designs and specifications and upon such terms and conditions as the Trust may stipulate. The Owner shall cause the Work to be commenced within thirty (30) days of its approval by the Trust and to be completed within nine (9) months of commencement, or as soon as possible thereafter if factors beyond its control or the scope of the Work prevent completion within nine (9) months.

Rebuilding by Owner. In the event that either the Owner does not request or the Trust Town does not not, acting reasonably, give the approval referred to in section 8.27.2, the Owner shall replace, rebuild, restore or repair the Buildings Building to the limit of any proceeds receivable under the aforementioned insurance policy or policies Insurance on the Buildings Building and of any additional monies contributed by the Trust Town towards the replacement, rebuilding, restoration or repair of the Buildings Building to effect a partial or complete restoration of the Heritage Features Attributes (in this section 8.07.0, the “Work”). Before the commencement of the Work, the Owner shall submit all plans, designs and specifications for the Work for its written approval within one hundred and thirty-five (135) days of the damage or destruction occurring to the BuildingsBuilding. The Owner shall not commence or cause the Work to be commenced before receiving the written approval of the Trust Town of the plans, designs and specifications for the Work and the Work shall be performed in accordance with the approved plans, designs and specifications and upon such terms and conditions as the Trust Town may stipulate. The Owner shall cause the Work to be commenced within thirty (30) days of its approval by the Trust Town and to be completed within nine (9) months of commencement, or as soon as possible thereafter if factors beyond its control or the scope of the Work prevent completion within nine (9) months.

Rebuilding by Owner. In the event that either the Owner does not request or the Trust City does not give the approval referred to in section Section 8.2, the Owner shall replace, rebuild, restore or repair the Buildings Property, including the Heritage Attributes, to the limit of any proceeds receivable under the aforementioned an insurance policy or policies on the Buildings Property and of any additional monies contributed by the Trust City towards the replacement, rebuilding, restoration or repair of the Buildings Property to effect a partial or complete restoration of the Heritage Features Attributes (in this section 8.0Section 8.0 , the “Work”). Before the commencement of the Work, the Owner shall submit all plans, designs designs, and specifications for the Work for its written approval within one hundred and thirty-five (135) days of the damage or destruction occurring to the BuildingsProperty. The Owner shall not commence or cause the Work to be commenced before receiving the written approval of the Trust City of the plansplan, designs designs, and specifications specification for the Work and the Work shall be performed in accordance with the approved plans, designs designs, and specifications and upon such terms and conditions as the Trust City may stipulate. The Owner shall cause the Work to be commenced within thirty (30) days of its approval by the Trust City and to be completed within nine (9) months of commencement, or as soon as possible thereafter if factors beyond its control or the scope of the Work prevent completion within nine (9) months.