Common use of RECONSTRUCTION IN THE EVENT Clause in Contracts

RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCE. If during the Term, the Leased Property is damaged or destroyed irrespective of the extent of the damage from a risk not covered by the insurance described in Article XIII, whether or not such damage or renders the Facility Unsuitable for Its Primary Intended Use, Lessee shall restore the 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.

Appears in 2 contracts

Samples: Lease (Tesseract Group Inc), Lease (Alterra Healthcare Corp)

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RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCE. If during the Term, the Leased Property is damaged or destroyed irrespective of the extent of the damage from a risk not covered by the insurance described in Article XIII, whether or not such damage or renders the Facility Building Unsuitable for Its Primary Intended Use, Lessee shall restore the 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.

Appears in 2 contracts

Samples: Lease (New York Bagel Enterprises Inc), Lease Agreement (New York Bagel Enterprises Inc)

RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCEof Damage or Destruction Not -------------------------------------------------------- Covered by Insurance. If during the Term, the Term any Leased Property and the Facility -------------------- located thereon is damaged totally or partially destroyed irrespective of the extent of the damage 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, Lessee Tenant shall restore the Leased Property Facility to substantially the same condition it was in immediately before such damage or destruction and such damage or destruction shall not terminate this LeaseLease as to such Leased Property.

Appears in 2 contracts

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

RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCE. If DESTRUCTION (1) Except as provided in Section 14.5, if during the Term, the Term any Leased Property is totally or partially damaged or destroyed irrespective (regardless of the extent of the whether such damage from or destruction is by a risk not covered by the insurance described in Article XIII, whether or not such damage or renders the Facility Unsuitable for Its Primary Intended Use), Lessee shall restore the Leased Property Facility to substantially the same condition it was in as existed immediately before such the damage or destruction and such damage or destruction shall not terminate this otherwise in accordance with the terms of the Lease.. In

Appears in 1 contract

Samples: Master Lease Agreement (Jameson Inns Inc)

RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCE. If during the Term, the Leased Property Property, or any portion thereof, is damaged or destroyed irrespective of the extent of the damage from a risk not covered by the insurance described in Article XIII, whether or not such damage or renders the Facility located thereon Unsuitable for Its Primary Intended Use, Lessee shall restore the 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.

Appears in 1 contract

Samples: Lease (Tesseract Group Inc)

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RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCE. If during the Term, the Leased Property is damaged or destroyed irrespective of the extent of the damage from a risk not covered by the insurance described in Article XIII, whether or not such damage or renders the Facility Building Unsuitable for Its its Primary Intended Use, Lessee shall restore the 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.

Appears in 1 contract

Samples: Lease Agreement (New York Bagel Enterprises Inc)

RECONSTRUCTION IN THE EVENT. OF DAMAGE OR DESTRUCTION NOT COVERED BY INSURANCE. If during the Lease Term, the Leased Property Facility is damaged totally or materially destroyed irrespective of the extent of the damage 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, Lessee Tenant shall restore the Leased Property 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.

Appears in 1 contract

Samples: Operations Transfer Agreement (Extendicare Health Services Inc)

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