Common use of RESTORATION OF LESSEE'S PROPERTY Clause in Contracts

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a Leased Property as provided in Section 14.2 or 14.3, Lessee shall also restore all alterations and improvements made by Lessee and all of Lessee’s Personal Property, to the extent required to maintain the then current license of such Leased Property.

Appears in 4 contracts

Samples: Master Lease Agreement (Omega Healthcare Investors Inc), Master Lease Agreement (Sun Healthcare Group Inc), Master Lease Agreement (Sun Healthcare Group Inc)

AutoNDA by SimpleDocs

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a the portion of the Leased Property relating to any Facility as provided in Section Sections 14.2 or 14.3, Lessee shall also restore all alterations and improvements made to Lessee's Personal Property with respect thereto and all Capital Additions paid for by Lessee and all of Lessee’s Personal Propertywith respect thereto, in each case, to substantially the extent required to maintain the then current license of same condition existing before such Leased Propertycasualty.

Appears in 1 contract

Samples: Master Funding and Development Agreement (Adeptus Health Inc.)

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a the Leased Property as provided in Section 14.2 or 14.3hereinabove provided, Lessee shall also restore all replace such alterations and improvements made by Lessee and all Lessee's Personal Property with improvements or items of Lessee’s Personal Property, to the extent required to maintain same or better quality and utility in the then current license operation of such the Leased Property.

Appears in 1 contract

Samples: Lease Agreement (CNL Retirement Properties Inc)

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a Leased Property as provided in Section 14.2 or 14.3, Lessee shall also restore all alterations and improvements made by Lessee and all of Lessee’s 's Personal Property, to the extent required to maintain the then current license of such Leased Property.

Appears in 1 contract

Samples: Master Lease Agreement (Sun Healthcare Group Inc)

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects Without limiting Lessee's obligation to restore a the Leased Property as provided in Section SECTIONS 14.2 or AND 14.3, Lessee shall also restore all alterations and improvements made by Lessee and all of Lessee’s , including Lessee's Personal Property, Property but only to the extent required that Lessee's Personal Property is necessary to maintain the then current license operation of such the Leased PropertyProperty for its Primary Intended Use in accordance with applicable Legal Requirements.

Appears in 1 contract

Samples: Master Lease Agreement (Brookdale Senior Living Inc.)

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a the portion of the Leased Property relating to any Facility as provided in Section Sections 14.2 or 14.3, Lessee shall also restore all alterations and improvements made by Lessee and all of to Lessee’s Personal Property, to the extent required to maintain the then current license of such Leased PropertyProperty with respect thereto and all Capital Additions paid for by Lessee with respect thereto.

Appears in 1 contract

Samples: Master Lease Agreement (MPT Operating Partnership, L.P.)

AutoNDA by SimpleDocs

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a the portion of the Leased Property relating to any Facility as provided in Section Sections 14.2 or 14.3, Lessee shall also restore all alterations and improvements made by Lessee to Lessee's Personal Property with respect thereto and all of Lessee’s Personal Property, to the extent required to maintain the then current license of such Leased Property.43

Appears in 1 contract

Samples: Master Funding and Development Agreement (Adeptus Health Inc.)

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a the Leased Property as provided in Section 14.2 or 14.314.2, Lessee shall also restore or replace all alterations and improvements made by Lessee and all of Lessee’s the Personal Property, to the extent required to maintain the then current license of such the applicable Leased Property.

Appears in 1 contract

Samples: Master Lease (Integrated Health Services Inc)

RESTORATION OF LESSEE'S PROPERTY. If Lessee is required or elects to restore a the portion of the Leased Property relating to any Facility as provided in Section Sections 14.2 or 14.3, Lessee shall also restore all alterations and improvements made by Lessee and all of to Lessee’s Personal PropertyProperty with respect thereto and all Capital Additions paid for by Lessee with respect thereto, in each case, to substantially the extent required to maintain the then current license of same condition existing before such Leased Propertycasualty.

Appears in 1 contract

Samples: Master Funding and Development Agreement (Adeptus Health Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!