Common use of Repair Obligations Clause in Contracts

Repair Obligations. If the Building is damaged by fire or other casualty and neither party terminates this Lease according to Section 10.1, then Landlord will repair and restore such damage with reasonable promptness, subject to delays for insurance adjustments and delays caused by matters beyond Landlord's control. However, Landlord will not be required to spend more for such repair and restoration than the insurance proceeds available to Landlord as a result of the fire or other casualty. To the extent Tenant is responsible for insuring Leasehold Improvements, Equipment, and Tenant's inventory and stock-in-trade, Tenant agrees, promptly upon notice from Landlord that Landlord is repairing the Building, to file such claims and pursue such repairs to the Premises in order to rebuild the Leasehold Improvements and Equipment to reopen Tenant's business within 20 days after the completion of Landlord's repairs. Landlord will have no liability to Tenant and Tenant will not be entitled to terminate this Lease if Landlord's repairs and restoration are not in fact completed within the estimated time period, provided that Landlord promptly commences and diligently pursues such repairs and restoration to completion. In no event will Landlord be obligated to repair, restore or replace any of the property required to be insured by Tenant according to Section 9.2.

Repair Obligations. If the Building is or the Premises are damaged by fire or other casualty and neither party terminates this Lease according to Section 10.114.1, then Landlord will repair and restore such damage with reasonable promptnesspromptness to the condition existing prior to the damage or better, subject to delays for insurance adjustments and delays caused by matters beyond Landlord's controlforce majeure (as described in Section 29 below). However, Landlord will not be required to spend more for such repair and restoration than the insurance proceeds available to Landlord as a result of the fire or other casualty. To the extent Tenant is responsible for insuring Leasehold Improvements, Equipment, Tenant’s furniture and Tenant's inventory and stock-in-tradeequipment, Tenant agrees, promptly upon notice from Landlord that Landlord is repairing the BuildingPremises, to file such claims and pursue such repairs to the Premises in order to rebuild the Leasehold Improvements and Equipment necessary to reopen Tenant's ’s business within 20 days after the completion of Landlord's ’s repairs. Landlord will have no liability to Tenant and Tenant will not be entitled to terminate this Lease if Landlord's ’s repairs and restoration are not in fact completed within the estimated time period, provided that Landlord promptly commences and diligently pursues such repairs and restoration to completion. In no event will Landlord be obligated to repair, restore or replace any of the property required to be insured by Tenant according to Section 9.2.to

Repair Obligations. If the Building is Improvements are damaged by fire or other casualty and neither party terminates this Lease according to Section 10.111.1, then Landlord will repair and restore such damage with reasonable promptness, subject to delays for insurance adjustments and delays caused by matters beyond Landlord's control. However, Landlord will not be required to spend more for such repair and restoration than the insurance proceeds available to Landlord as a result of the fire or other casualty. To the extent Tenant is responsible for insuring Leasehold Improvements, Equipment, and Tenant's inventory and stock-in-trade, Tenant agrees, promptly upon notice from Landlord that Landlord is repairing the Building, to file such claims and pursue such repairs to the Premises in order to rebuild the Leasehold Improvements and Equipment to reopen Tenant's business within 20 days after the completion of Landlord's repairs. Landlord will have no liability to Tenant and Tenant will not be entitled to terminate this Lease if Landlord's such repairs and restoration are not in fact completed within the estimated time period, provided that Landlord promptly commences and diligently pursues such repairs and restoration to completioncompletion and provided further that, if Landlord fails to complete such repairs and restoration within 270 days after the date of the damage, Tenant may terminate this Lease by notice given to Landlord within 20 days after the expiration of such 270-day period. In no event will Landlord be obligated to repair, restore or replace any of the property required to be insured by Tenant according to Section 9.28.2; however, if Tenant and Landlord so agree, Landlord will, in connection with its repair and restoration of such damage, repair and restore the damage, if any, caused to any or all of the alterations required to be insured by Tenant according to Section 8.2(b). In such event, Landlord will be entitled to all proceeds of the insurance policy described in Section 8.2(b) applicable to the alterations that Landlord will repair or restore.

Repair Obligations. If the Building is Premises are damaged by fire or other casualty and neither party terminates Tenant does not terminate this Lease according to Section 10.111.1, then Landlord will repair and restore such damage with reasonable promptness, subject to reasonable delays for insurance adjustments and delays caused by matters beyond Landlord's ’s control. However, Landlord will not be required to spend more for such repair and restoration than the insurance proceeds available to Landlord as a result of the fire or other casualty. To the extent Tenant is responsible for insuring Leasehold Improvements, Equipment, and Tenant's inventory and stock-in-trade, Tenant agrees, promptly upon notice from Landlord that Landlord is repairing the Building, to file such claims and pursue such repairs to the Premises in order to rebuild the Leasehold Improvements and Equipment to reopen Tenant's business within 20 days after the completion of Landlord's repairs. Landlord will have no liability to Tenant and Tenant will not be entitled to terminate this Lease if Landlord's such repairs and restoration are not in fact completed within the estimated time period, provided that Landlord promptly commences and diligently pursues such repairs and restoration to completion. In no event will Landlord be obligated to repair, restore or replace any of the property required to be insured by Tenant according to Section 9.210.1. Tenant agrees to repair, restore or replace, at its expense, all leasehold improvements required to be insured by Tenant according to Section 9.1 as soon as possible after the date of damage to the prior condition. However, in connection with its repair and restoration of such damage, Landlord may, at its option, elect to repair and restore the damage, if any, caused to any or all of such leasehold improvements required to be insured by Tenant. If Landlord makes such election, Landlord will be entitled to all proceeds of the insurance policy described in Section 9.1 applicable to the leasehold improvements Landlord so elects to repair or restore and may limit its repair or restoration of such leasehold improvements to that which may be paid for in full by such proceeds.