Restoration by Tenant. All work necessary to restore and repair the Premises following any damage or casualty shall be performed by Tenant pursuant to the provisions of this Paragraph 18.2, including, without limitation, reconstruction, repair or restoration of exterior portions of the Building (such work being referred to herein as the "Restoration Work"). All Restoration Work shall be subject to all of the provisions of the Work Agreement regarding Tenant Work (including, without limitation, Landlord's right to approve plans and specification and the general contractor and the right to oversee the work). Landlord shall advance any insurance proceeds which it receives to Tenant to pay for the Restoration Work in accordance with disbursement procedures typically required by lenders in District of Columbia when making construction loans. Such disbursement procedures shall include, without limitation: (i) implementation of customary retainage requirements; (ii) delivery of certificates from the architect and the general contractor for the Restoration Work and any architect or inspector engaged by Landlord to monitor the same confirming that the work for which disbursement is being requested has been properly performed pursuant to approved plans and specifications; (iii) delivery of date-down endorsements to Landlord's title insurance policy prior to making any disbursement; and (iv) delivery of lien waivers from all parties performing materials, labor, goods or other services in connection with the Restoration Work prior to making any disbursement. Tenant shall commence the Restoration Work as soon as possible following any casualty, and shall diligently prosecute the same to completion. Tenant's failure to promptly commence and diligently prosecute the Restoration Work (including any design work necessary therefor) shall constitute an Event of Default hereunder. Landlord shall have the right, at any time, but shall not be required to, relieve Tenant of its obligation to perform the Restoration Work and to perform such work itself. Landlord shall have no obligation to advance funds for replacement or repair any of Tenant's Personal Property or any property required to be insured by Tenant pursuant to the provisions hereof; upon completion of the foregoing repair or reconstruction work, Tenant shall proceed with all due diligence to repair, restore or replace all of Tenant Personal Property and such other property as it is required to insure, and shall prosecute the same to complet...
Restoration by Tenant. Unless this Lease is terminated as provided in this Article 14, if the Premises shall be damaged by fire or other casualty, then Tenant shall (i) repair and restore all portions of the Premises not required to be restored by Landlord pursuant to this Article 14 to substantially the condition at the time of such casualty, (ii) equip the Premises with trade fixtures, equipment and all personal property necessary or proper for the operation of Tenant's business; and (iii) open for business in the Premises as soon thereafter as possible.
Restoration by Tenant. In the event the whole of, or any portion of, the Demised Premises shall, during the Lease Term, be damaged or destroyed by fire or other casualty, and this Lease is not terminated pursuant to the provisions of Section 12.2(a) or 12.2 (b) hereof, Tenant shall, promptly upon substantial completion of the restoration work to be performed by Landlord pursuant to Section 12.3(a) hereof, promptly repair, restore, redecorate and refixture the Demised Premises in a manner and to at least a condition equal to that existing immediately prior to such damage or destruction.
Restoration by Tenant. In the event of a Taking of a portion of the Demised Premises and this Lease is not terminated pursuant to Section 13.2 hereof, Tenant shall, promptly upon substantial completion of the restoration work to be performed by Landlord pursuant to Section 13.3(a) above, promptly repair, restore, redecorate and refixture the Demised Premises in a manner and to at least a condition equal to that existing immediately prior to such Taking.
Restoration by Tenant. If Landlord repairs the Leased Premises as provided herein, Tenant shall repair and replace any alterations or improvements made by Tenant after the Commencement Date, all items required to be insured by Tenant hereunder, and all other items required to restore the Leased Premises to the condition required under this Lease. Tenant shall carry out and complete all such work in a good and xxxxxxx-like fashion. Tenant shall commence such work within ten (10) days following substantial completion by Landlord of any repairs required by Landlord hereunder and shall proceed diligently therewith to completion. Tenant may close the Leased Premises for business to the extent reasonably required in connection with such work.
Restoration by Tenant. (A) In the event of damage to or destruction of any part of the Premises or Tenant's improvements on the Premises, by fire or other casualty, Tenant shall at its expense, promptly repair, restore or rebuild same. In no event shall any such damage or destruction cause a termination or suspension of this Lease or any of its terms or relieve Tenant of any obligation hereunder unless specifically expressed elsewhere herein.
(B) If Tenant shall fail to promptly commence and diligently prosecute the repair, restoration or rebuilding of the Premises as provided in this Section 8.01, Landlord in addition to all other remedies it might have, may terminate this Lease by giving Tenant written notice of Landlord's election within Thirty (30) days following the date of the casualty.
Restoration by Tenant. If there shall be a partial taking and this Lease shall continue as to the remaining part of the Property, Tenant, as promptly as practicable, shall restore such remaining part as nearly as may be practicable to its former condition, but only upon receipt of, and to the extent of, the award made on account of such partial taking.
Restoration by Tenant. In the event the whole of, or any portion of, the Demised Premises shall, during the Term, be damaged or destroyed by fire or other casualty, and this Lease is not terminated pursuant to the provisions of Section 12.2 hereof, Tenant shall, promptly upon substantial completion of the restoration work to be performed by Landlord pursuant to Section 12.3(a), either: (i) promptly repair, restore, redecorate and refixture the Demised Premises in a manner and to at least a condition equal to that existing immediately prior to such damage or destruction; or (ii) provided Tenant received Landlord’s consent and approval for such repairs, restoration, redecoration and refixturing of the Demised Premises, request that Landlord perform such work in which case Landlord will perform such work as if under Section 12.3(a), on the condition that Tenant pays for all costs associated with such work and Tenant insures any such trade fixtures, equipment or leasehold improvements.
15. Section 15.4(a) of the Lease is hereby amended deleting the following sentence (which begins in line 13): “Landlord shall reimburse Tenant for the amounts reasonably and properly incurred by Tenant as aforesaid within thirty (30) days of Tenant's written demand therefor.”
Section 20.1 of the Lease is hereby deleted in its entirety and replaced with the following:
Restoration by Tenant. If Landlord repairs the Premises as provided herein, Tenant shall repair and replace Tenant's Work, all items required to be insured by Tenant hereunder, and all other items required to restore the Premises to the condition required under Article 11 of this Lease. Tenant shall commence such work within ten (10) days following substantial completion by Landlord of any repairs required by Landlord hereunder and shall proceed diligently therewith to completion. Tenant's work hereunder shall constitute "Work" under Article 7 and shall be subject to all of the provisions thereof. Tenant may close the Premises for business to the extent reasonably required in connection with such Work.
Restoration by Tenant. If the City repairs the Premises as provided herein, Tenant shall repair and replace Tenant's Work, all items required to be insured by Tenant hereunder, and all other items required to restore the Premises to the condition required under this Agreement. Tenant shall commence such work within ten (10) days following substantial completion by the City of any repairs required by the City hereunder and shall proceed diligently therewith to completion. Tenant's work hereunder shall constitute "Work" under this Agreement and shall be subject to all of the provisions thereof. Tenant may close the Premises for business to the extent reasonably required in connection with such work.
