Repairs to Premises. In the event the Premises are damaged or destroyed in whole or in part by fire or other casualty during the term of this Lease, and provided Landlord's lenders agree to the release of the insurance proceeds toward this end (which they may do in their sole discretion) then Landlord shall, after the adjustment of the insurance loss, immediately commence and diligently pursue the restoration of the Premises to good and tenantable condition. Landlord shall restore the Premises to substantially the same condition as before the occurrence of such casualty, and Landlord may elect to raze the damaged or destroyed improvement(s) and to use the insurance proceeds to replace the improvement(s) so razed. The completed work of repair, restoration or replacement shall be at least equal in value, quality and use to the condition of the Premises before such destruction.
Repairs to Premises. Landlord shall, at Landlord's sole cost and expense, keep, repair and maintain:
(A) all of the Premises' systems (including any portion thereof) located underground, under any floor, on any roof, above any suspended ceiling, or inside any wall or crawlspace including, with limitation, all electrical and gas systems, plumbing systems, and HVAC systems, in all respects in good repair and in a clean and safe condition; and
(B) all of the Premises' structural components (including, without limitation, any roof, roof surface, subfloor, foundation, or any structural component of any wall or ceiling) regardless of location, in all respects in good repair and in a clean and safe condition.
Repairs to Premises. (i) In addition to the repairs as contemplated in this Lease, the City agrees to repair, in a timely manner, at its sole cost and expense, and in compliance with all applicable laws, the follow: Natural gas connection/meters In a timely manner One support stanchion, located at or near the northwest corner of the Premises April 1, 2017 Roof/gutter drains which previously drained into the building into the concrete floor, on the northwest wall of the Premises April 15, 2017 Waterproofing: • Entire back (east) wall under the upper platform area • Proposed Mill room • The area above the planned bathrooms • The area above a portion of the planned kitchen • The area around the water meter • The dock area wall April 15, 2017 Upon completion of the indoor build-out by Tenant, construct an ingress/egress and loading zone sufficient to allow Tenant's vendors and Tenant to load and unload supplies, equipment, refuse or otherwise, for use by trucks, with a maximum length of forty feet (40') for single unit trucks, and a truck tractor-trailer combination with a maximum length of fifty-three feet (53') (see turn radius diagram and auto truck turn dimensions attached hereto and incorporated herein as Group Exhibit "A"), and perform outdoor plaza improvements to facilitate outdoor dining. June 15, 2017
(ii) In addition to the repairs as contemplated in this Lease, the Tenant agrees to repair and/or replace, in a timely manner, at its sole cost and expense, which said costs and expenses shall be included as a Tenant Improvement Credit as set forth in Section 4, the following: • The portion of the HVAC system solely serving the Tenant's portion of Union Station, which may include permanently affixed equipment, gas piping, and a 2 1/2" gas welded and/or threaded gas main and/or electrical related to said HVAC (hereinafter collectively the "HVAC Improvements"). The HVAC Improvements, plans, specifications and documents associated with completion of the HVAC Improvements shall belong to the City and subsequently be and remain the sole liability of the City, including any repairs, maintenance or replacements required thereto throughout the Term. As of the effective date of the Third Amended Lease Agreement, the Parties acknowledge that this Section (7 E) has been complied with.
Repairs to Premises. In the event the Premises are damaged or destroyed in whole or in part by fire or other casualty during the Term of this Lease, then Tenant shall, after the adjustment of the insurance loss and the release of such proceeds to the Tenant, immediately commence and diligently pursue the restoration of the Premises to good and tenantable condition. Tenant shall restore the Premises to substantially the same condition as before the occurrence of such casualty. If and to the extent covered by loss of rents insurance proceeds, the rent required under this Lease shall xxxxx in proportion to the area of the Building which is untenantable, provided, however, that if Tenant uses any part of such untenantable portion for storage during the period of repair, Landlord may assess a reasonable charge therefor against Tenant. If the insurance proceeds available for rebuilding are insufficient to cover the cost of repairs and restoration of the Premises as required hereunder, Tenant shall nevertheless complete such repairs and restoration and shall pay any and all amounts by which the cost to complete such work exceeds the available insurance proceeds. If the available insurance proceeds exceed the cost of such repairs and restoration, the excess shall be the property of Tenant, and Landlord shall have no right or interest therein. The insurance proceeds will be held in an interest bearing account for the benefit of Tenant by Metropolitan Title Company (or other mutually agreeable title company) and disbursed in accordance with customary construction loan disbursement procedures.
Repairs to Premises. It is understood and agreed that if the Premises are damaged or destroyed in whole or in part by fire or other casualty during the Term, the Landlord, if there are sufficient insurance proceeds, will repair and restore the same to good tenantable condition with reasonable dispatch. The rent and all other charges which are the obligation of Tenant under this Lease will abatx, xx and to the extent covered by loss of rents insurance proceeds, for the period the Premises are untenantable.
Repairs to Premises. It’s acknowledged that Landlord repaired a certain roof truss for which it has billed Tenant approximately $40,000. It is hereby agreed that such obligation to reimburse the Landlord is hereby terminated and cancelled and that Landlord’s sole recourse with respect to such reimbursement will be limited to taking payment from the Landlord’s property insurance carrier.
Repairs to Premises. Lessee shall be responsible for maintaining the Premises and any structures currently on the Premises or to be placed thereon in the future cutting the grass, landscaping the Premises, and keeping the Premises free from garbage and debris.
Repairs to Premises. Landlord agrees that all repairs to the exterior of the Premises, including but not limited to, structural load-bearing exterior walls and foundation, HVAC system, exterior painting and parking area shall be its obligation, except that Landlord shall have no duty or obligation to repair any damage caused by Tenant or Tenant’s employees, agents or invitees. Tenant shall notify Landlord, in writing, of any repairs or maintenance which may be required, and Landlord shall have a reasonable time to make such repairs. Tenant agrees that all repairs and maintenance in the interior of the Premises, including but not limited to, interior walls, doors, glass, electrical systems, coolers and water and sewer systems, shall be the obligation and responsibility of Tenant.
Repairs to Premises. The Lessee accepts responsibility for repair of any and all damage to the premises resulting from acts associated with their usage or event. The Lessee shall have the option of performing any repairs to the specifications of the MPRB or pay MPRB the actual cost of the repairs. Settlement of all repair obligations shall be accomplished within one week of the duration of event.
Repairs to Premises. It is agreed that if for any reason the Premises shall not be ready for occupancy on the date specified herein for the commencement of the Term of this Lease, this Lease shall nevertheless continue in all respects in full force and effect and the Tenant shall have no right to rescind, cancel or terminate this Lease and the Landlord shall not be liable for damages, if any are sustained by the said Tenant, on account of such failure to obtain possession on the date specified. However, in such event, the Rent for the Premises shall be abated until notification is sent to the Tenant that the Premises are ready for occupancy. If the Premises have been completed at the date at which this Lease is executed, then the Tenant acknowledges that it has inspected the Premises, accepts the same in their present condition, and acknowledges that the Premises are tenantable and in good condition. The Tenant shall not permit, commit or suffer waste, impairment or deterioration of the Premises or the improvements thereon or any part thereof.
