Common use of Rebuilding Required Clause in Contracts

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty percent (20%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ability to so rebuild or restore.

Appears in 4 contracts

Samples: Net Lease Agreement (Integrated Device Technology Inc), Net Lease Agreement (Integrated Device Technology Inc), That Certain Lease Agreement (Nhancement Technologies Inc)

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Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty percent (20%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 2 contracts

Samples: Lease Agreement (Daystar Technologies Inc), Net Lease Agreement (Mellanox Technologies, Ltd.)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the PremisesPremises or the Building, Landlord shall rebuild or restore the Premises or the Building substantially to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, Tenant and that there exist no governmental codes or regulations that would interfere with Landlord's ability to so rebuild or restore.

Appears in 2 contracts

Samples: Office Lease (Abovenet Communications Inc), Office Lease (Abovenet Communications Inc)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ability to so rebuild or restore.

Appears in 2 contracts

Samples: Net Lease Agreement (Laserscope), Net Lease Agreement (Laserscope)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction (and restore the Common Area, if damaged or destroyed, to substantially the same condition existing immediately prior to the damage or destruction), provided the damage or destruction was not a the result of a grossly negligent or willful act of Tenant, Tenant and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 1 contract

Samples: Improvement Agreement (Rackable Systems, Inc.)

Rebuilding Required. In the event of an Insured Casualty ------------------- where the extent of damage or destruction is less than twenty percent (20%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ability to so rebuild or restore.

Appears in 1 contract

Samples: Net Lease Agreement (Navisite Inc)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 1 contract

Samples: Net Lease Agreement (Proteinsimple)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty fifty percent (2050%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist exists no governmental codes or regulations that would interfere with preclude Landlord's ability to so rebuild or restore.

Appears in 1 contract

Samples: Lease Agreement (Silicon Storage Technology Inc)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty fifty percent (2050%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with preclude Landlord's ability to so rebuild or restore.

Appears in 1 contract

Samples: Improvement Agreement (Cruel World Inc)

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Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 1 contract

Samples: Net Lease Agreement (Trident Microsystems Inc)

Rebuilding Required. In the event of an Insured Casualty ------------------- where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ability to so rebuild or restore.

Appears in 1 contract

Samples: Lease Agreement (Symphonix Devices Inc)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty thirty-three percent (2033%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 1 contract

Samples: Agreement (Borland Software Corp)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 1 contract

Samples: Net Lease Agreement (Laserscope)

Rebuilding Required. In the event of an Insured Casualty where the extent of damage or destruction is less than twenty twenty-five percent (2025%) of the then full replacement cost of the Premises, Landlord shall promptly following receipt of any required building permits and other environmental approvals, if applicable, rebuild or restore the Premises to the condition existing immediately prior to the damage or destruction, provided the damage or destruction was not a result of a negligent or willful act of Tenant, and that there exist no governmental codes or regulations that would interfere with Landlord's ’s ability to so rebuild or restore.

Appears in 1 contract

Samples: Improvement Agreement (Calix, Inc)

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