Restoration Conditions. Provided that this Lease has not been terminated pursuant to Section 16.2, above, in connection with a Taking, then Tenant shall Repair the Leased Property damaged as a result of such Taking, as and to the extent required by Section 16.2 and the Taking Proceeds shall be paid as follows:
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Energy XXI LTD), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.), Lease Agreement (CorEnergy Infrastructure Trust, Inc.)
Restoration Conditions. Provided that this Lease has not been terminated pursuant to Section 16.2, above, in connection with a Taking, then Tenant Lessee shall Repair repair, restore or replace the Leased Property damaged as a result of such Taking, as and to the extent required by Section 16.2 and the Taking Proceeds shall be paid as follows:
Appears in 2 contracts
Samples: Lease Agreement (CorEnergy Infrastructure Trust, Inc.), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)
Restoration Conditions. Provided that this Lease has not been terminated pursuant to Section 16.216.2 , above, in connection with a Taking, then Tenant shall Repair the Leased Property damaged as a result of such Taking, as and to the extent required by Section 16.2 and the Taking Proceeds shall be paid as follows:
Appears in 1 contract
Samples: Lease Agreement (Energy XXI LTD)
