Common use of Reconstruction in the Event of Damage or Destruction Not Covered by Insurance Clause in Contracts

Reconstruction in the Event of Damage or Destruction Not Covered by Insurance. If during the Term any Leased Property and the Facility located thereon is totally or partially destroyed from a risk not covered by the insurance described in ARTICLE XIII, whether or not such damage or destruction renders the Facility Unsuitable for Its Primary Intended Use, Tenant shall restore the Facility to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this Lease as to such Leased Property.

Appears in 11 contracts

Samples: Master Lease Agreement (Kindred Healthcare, Inc), Master Lease Agreement (Kindred Healthcare, Inc), Master Lease Agreement (Kindred Healthcare, Inc)

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Reconstruction in the Event of Damage or Destruction Not Covered by Insurance. If during the Term any Leased Property and the Facility located thereon is totally or partially destroyed from a risk not covered by the insurance described in ARTICLE Article XIII, whether or not such damage or destruction renders the Facility Unsuitable for Its Primary Intended Use, Tenant shall restore the Facility to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this Lease as to such Leased Property.

Appears in 3 contracts

Samples: Master Lease Agreement (Kindred Healthcare Inc), Master Lease Agreement (Ventas Inc), Master Lease Agreement (Ventas Inc)

Reconstruction in the Event of Damage or Destruction Not Covered by Insurance. If during the Term any the portion of the Leased Property and the relating to any Facility located thereon is totally or partially damaged or destroyed from a risk not covered by the insurance described in ARTICLE Article XIII, then, whether or not such damage or destruction renders the such Facility Unsuitable for Its its Primary Intended Use, Tenant shall Lessee shall, at its sole cost and expense, restore such portion of the Facility Leased Property to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this Lease as with respect to such portion of the Leased Property.

Appears in 3 contracts

Samples: Master Funding and Development Agreement (Adeptus Health Inc.), Master Funding and Development Agreement (Adeptus Health Inc.), Master Funding and Development Agreement (Adeptus Health Inc.)

Reconstruction in the Event of Damage or Destruction Not Covered by Insurance. If during the Term any Leased Property and Term, the Facility located thereon is totally or partially materially destroyed from a risk not covered by the insurance described in ARTICLE Article XIII, whether or not such damage or destruction renders the Facility Unsuitable for Its its Primary Intended Use, Tenant Lessee shall restore the Facility to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this Lease as to such Leased PropertyLease.

Appears in 1 contract

Samples: Operating Lease (Centennial Healthcare Corp)

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Reconstruction in the Event of Damage or Destruction Not Covered by Insurance. If during the Term any Term, the Leased Property and is damaged or destroyed irrespective of the Facility located thereon is totally or partially destroyed extent of the damage from a risk not covered by the insurance described in ARTICLE Article XIII, whether or not such damage or destruction renders any portion of the Facility Leased Property Unsuitable for Its Primary Intended Use, Tenant Lessee shall restore the Facility damaged Leased Property to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this Lease as to such Leased Propertynor result in any reduction in Rent (including without limitation Minimum Rent).

Appears in 1 contract

Samples: Master Lease Agreement (Emeritus Corp\wa\)

Reconstruction in the Event of Damage or Destruction Not Covered by Insurance. If during the Term any Term, the Leased Property and is damaged or destroyed irrespective of the Facility located thereon is totally or partially destroyed extent of the damage from a risk not covered by the insurance described in ARTICLE Article XIII, whether or not such damage or destruction renders the Facility Unsuitable for Its Primary Intended Use, Tenant Lessee shall restore the Facility Leased Property to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this Lease as to such Leased PropertyLease.

Appears in 1 contract

Samples: Lease (Sterling House Corp)

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