Common use of Repairs by Lessor Clause in Contracts

Repairs by Lessor. If the demised premises shall, either prior to the beginning of or during the term hereof, be damaged or destroyed by fire or by any other cause whatsoever beyond Lessee's control, Lessor, except as hereinafter otherwise provided, shall immediately on receipt of insurance proceeds paid in connection with such casualty insurance, but in no event later than sixty (60) days after such damage has occurred, proceed to repair or rebuild the same, including any additions or improvements made by Lessor or by Lessee with Lessor's consent, on the same plan and design as existed immediately before such damage or destruction occurred, subject to such delays as may be reasonably attributable to governmental restrictions or failure to obtain materials or labor, or other causes whether similar or dissimilar, beyond the control of Lessor. Materials used in repair shall be as nearly like original materials as may then be reasonably procured in regular channels of supply. Whenever a strike, act of God, or cause beyond the power of the party affected to control causes delay, the period of such delay so caused shall be added to the period limited in this Lease for the completion of such work, reconstruction, or replacement.

Appears in 4 contracts

Samples: Lease Agreement (Moore Solutions Inc), Lease Agreement (Moore Solutions Inc), Lease Agreement (Moore Solutions Inc)

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Repairs by Lessor. If the demised premises shall, either prior to the beginning of or during the term hereof, be damaged or destroyed by fire or by any other cause whatsoever beyond Lessee's control, Lessor, except as hereinafter otherwise provided, shall immediately on receipt of insurance proceeds paid in connection with such casualty insurance, but in no event later than sixty one hundred twenty (60120) days after such damage has occurred, proceed to repair or rebuild the same, including any additions or improvements made by Lessor or by Lessee with Lessor's consent, on the same plan and design as existed immediately before such damage or destruction occurred, subject to such delays as may be reasonably attributable to governmental restrictions or failure to obtain materials or labor, or other causes whether similar or dissimilar, beyond the control of Lessor. Materials used in repair shall be as nearly like original materials as may then be reasonably procured in regular channels of supply. Whenever a strike, act of GodGod or cause, or cause beyond the power of the party affected to control control, causes delay, the period of such delay so caused shall be added to the period limited in this Lease lease for the completion of such work, reconstruction, reconstruction or replacement.

Appears in 1 contract

Samples: Lease Agreement (International Telecommunication Data Systems Inc)

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