Restoration Fund Deficiency Sample Clauses

Restoration Fund Deficiency. If the estimated cost (determined as provided in Section 8.4(a) hereof) of any Construction Work in connection with any Tenant Restoration exceeds the net Restoration Funds received by Depositary pursuant to Section 7.2 hereof, then, before the commencement of such Construction Work, or, at any time after commencement of such Construction Work if it is reasonably determined by Landlord that the cost to complete such Construction Work exceeds the unapplied portion of the Restoration Funds and as a condition to the disbursement of further Restoration Funds, Tenant shall, within ten (10) days of Landlord's request, furnish to Landlord evidence reasonably satisfactory to Landlord of the financial ability of Tenant to pay the amount of such excess, which evidence may, at Landlord's election, consist of a letter of credit, loan commitment, surety bond, completion guaranty (from an entity acceptable to Landlord in its reasonable discretion) or any combination of the foregoing or such other security as may be reasonably satisfactory to Landlord, in the amount of such excess.
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Restoration Fund Deficiency. If the estimated cost (determined as provided in Section 11.02(b) hereof) of any Construction Work intended to be performed in connection with a Casualty Restoration exceeds any unpaid insurance proceeds claimed under a proof of loss filed (and being pursued by Tenant with reasonable diligence) in connection with the damage or destruction in question, then, before the commencement of such Construction Work, or, at any time after commencement of such Construction Work, if it is reasonably determined by the Architect, as reflected in a Payment Certificate required by Section 11.04(a), that the cost to complete such Construction Work will exceed the unapplied portion of the Restoration Funds, then, as a condition to the disbursement of further Restoration Funds, Tenant shall, within ninety (90) days of Landlord's request, furnish to Landlord evidence reasonably satisfactory to Landlord of the financial ability of Tenant to pay the amount of such excess, which evidence may, at Tenant's election, consist of either: (x) a letter of credit, loan commitment, surety bond, completion guaranty (from a credit-worthy entity reasonably acceptable to Landlord), or (y) any combination of the foregoing, or (z) such other security as may be reasonably satisfactory to Landlord, in the amount of such excess.
Restoration Fund Deficiency. If the estimated cost (determined as provided in Section 8.2(b) hereof) of any Construction Work in connection with any Restoration
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