Restoration of Certain Improvements and the Tangible Personal Property. If the Lessee is required or elects to restore the Facility, the Lessee shall either (a) restore (i) all alterations and improvements to the Leased Property made by the Lessee and (ii) the Tangible Personal Property or (b) replace such alterations and improvements and the Tangible Personal Property with improvements or items of the same or better quality and utility in the operation of the Leased Property.
Appears in 11 contracts
Samples: Management Agreement (Capital Senior Living Corp), Facility Lease Agreement (Carematrix Corp), Facility Lease Agreement (Carematrix Corp)
Restoration of Certain Improvements and the Tangible Personal Property. If the Lessee is required or elects to restore the Facility, the Lessee shall either (aA) restore (iI) all alterations and improvements to the Leased Property made by the Lessee and (iiII) the Tangible Personal Property or (bB) replace such alterations and improvements and the Tangible Personal Property with improvements or items of the same or better quality and utility in the operation of the Leased Property.
Appears in 3 contracts
Samples: Facility Lease Agreement (Alternative Living Services Inc), Facility Lease Agreement (Alternative Living Services Inc), Facility Lease Agreement (Alternative Living Services Inc)
Restoration of Certain Improvements and the Tangible Personal Property. If the Lessee is required or elects to restore the FacilityLeased Property, the Lessee shall either (a) restore (i) all alterations and improvements to the Leased Property made by the Lessee and Lessee, (ii) the Tangible Personal Property and (iii) Lessor' Personal Property or (b) replace such alterations and improvements and improvements, the Tangible Personal Property and Lessor's Personal Property with improvements or items of the same or better quality and utility in the operation of the Leased Property.
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Restoration of Certain Improvements and the Tangible Personal Property. If the Lessee is required or elects to restore the Facility, the Lessee shall either (a) restore (i) all alterations and improvements to the Leased Property made by the Lessee and (ii) the Tangible Personal Property or (b) replace such alterations and improvements and the Tangible Personal Property with improvements or items of the same or better quality and utility in the operation of the Leased Property.
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