Repairs by Lessor. If neither Lessor nor Lessee elects to -------------- ----------------- terminate this Lease pursuant to Section 10.01, Lessor shall, immediately upon receipt of insurance proceeds paid in connection with such casualty, but in no event later than one hundred twenty (120) days after such damage has occurred, proceed to repair or rebuild the Premises, on the same plan and design as existed immediately before such damage or destruction occurred and will proceed expeditiously to complete such restoration, subject to such delays as may be reasonably attributable to governmental restrictions or failure to obtain materials or labor, or otherwise due to causes beyond the control of Lessor. Lessee shall be liable for the repair and replacement of all fixtures, leasehold improvements, furnishing, merchandise, equipment and personal property as provided in Section 9.02.
Appears in 2 contracts
Samples: Industrial Lease (Valicert Inc), Industrial Lease (Valicert Inc)
Repairs by Lessor. If neither Lessor nor and Lessee elects shall not elect to -------------- ------------ ----------------- terminate this Lease pursuant to Section 10.0110.1, Lessor shall, immediately upon receipt of insurance proceeds paid in connection with such casualty, but in no event later than one hundred twenty eighty (120180) days after such damage has occurred, proceed to repair or rebuild the Premises, on the same plan and design as existed immediately before such damage or destruction occurred and will proceed expeditiously to complete such restoration, subject to such delays as may be reasonably attributable to governmental restrictions or failure to obtain materials or labor, or otherwise due to other causes beyond the control of Lessor. Lessee shall be liable for the repair and replacement of all fixtures, leasehold improvements, furnishingfurnishings, merchandise, equipment and personal property as provided not covered by the property insurance described in Section 9.029.2.
Appears in 1 contract
Samples: Industrial Lease (Dendreon Corp)
Repairs by Lessor. If neither Lessor nor Lessee elects to -------------- ----------------- terminate this Lease pursuant to Section 10.01, Lessor shall, immediately upon receipt of insurance proceeds paid in connection with such casualty, but in no event later than one hundred twenty (120) days after such damage has occurred, proceed to repair or rebuild the Premises, on the same plan and design as existed immediately before such damage or destruction occurred and will proceed expeditiously to complete such restoration, subject to such delays as may be reasonably attributable to governmental restrictions or failure to obtain materials or labor, or otherwise due to causes beyond the control of Lessor. Lessee shall be liable for the repair and replacement of all trade fixtures, leasehold improvementsimprovements made by Lessee, furnishing, merchandise, equipment and personal property as provided in Section 9.02.
Appears in 1 contract
Samples: Industrial Lease (ViewRay, Inc.)
Repairs by Lessor. If neither Lessor nor Lessee elects to -------------- ----------------- terminate this Lease pursuant to Section 10.01, Lessor shall, immediately upon receipt of insurance proceeds paid in connection with such casualty, but in no event later than one hundred twenty (120) days after such damage has occurred, proceed to repair or rebuild the Premises, on the same plan and design as existed immediately before such damage or destruction occurred and will proceed expeditiously to complete such restoration, subject to such delays as may be reasonably attributable to governmental restrictions or failure to obtain materials or labor, or otherwise due to causes beyond the control of Lessor. Lessee shall be liable for the repair and replacement of all fixtures, leasehold improvements, furnishing, merchandise, equipment and personal property as provided in Section 9.02.
Appears in 1 contract
Samples: Industrial Lease (NeoStem, Inc.)