Restoration of Remainder Sample Clauses

Restoration of Remainder. 38 D. Payouts by Depositary ........................... 39 E.
Sample 1
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Restoration of Remainder. If the remaining part of the Premises can feasibly be used or converted for use by Tenant as contemplated in Section 8.2 hereof, Tenant, at its sole cost and expense and whether or not the Condemnation Proceeds payable after disbursement to Landlord under Section 15.2(A) shall be sufficient for the purpose, shall proceed with reasonable diligence to repair, alter (including any necessary demolition and reconstruction) and restore the remaining part of the Premises to substantially their former condition, so as to be complete, rentable and usable and of the quality provided for in this Lease and the Design Guidelines for the original construction of the affected buildings. If the remaining part of the Premises cannot feasibly be used or converted for use by Tenant as provided in Section 8.2, Tenant, at its sole cost and expense, shall proceed with due diligence to repair, alter (including any necessary demolition and reconstruction) and restore the remaining part of the Premises so as to constitute a complete, rentable building for a purpose deemed appropriate by Landlord in the manner hereinafter provided in this subsection (C); provided, however, that not less than sixty (60) days prior to proceeding with any such repairs, alterations, or restoration, Tenant shall have given written notice to the Landlord certifying that the remaining part of the Premises cannot feasibly be used or converted for use by Tenant as
Sample 1
Restoration of Remainder. If this Lease shall not be terminated as in this Article 15 provided but shall continue as to that portion of the Leased Premises which shall not have been appropriated or taken, then in that event Tenant, at its cost and expense, shall immediately restore to the extent reasonably possible Tenant's Building and improvements on the Leased Land remaining to a complete unit of like quality and character as existed prior to such appropriation or taking, and the rent shall be reduced in the ratio that the ground floor area of the restored Leased Premises bears or shall bear to the ground floor area of the Leased Premises before such taking. Landlord shall make available to Tenant the proceeds of any condemnation award received by Landlord to the extent such proceeds shall be attributable to the loss of Tenant's Building or other improvements on the Leased Land.
Sample 1

Related to Restoration of Remainder

  • Designation of REMIC(s) As provided in Section 10.03 of the Series Supplement.

  • Election of Remedies If Agent or any Lender may, under applicable law, proceed to realize its benefits under any of the Loan Documents giving Agent or such Lender a Lien upon any Collateral, whether owned by any Borrower or by any other Person, either by judicial foreclosure or by non-judicial sale or enforcement, Agent or any Lender may, at its sole option, determine which of its remedies or rights it may pursue without affecting any of its rights and remedies under this Section 12. If, in the exercise of any of its rights and remedies, Agent or any Lender shall forfeit any of its rights or remedies, including its right to enter a deficiency judgment against any Borrower or any other Person, whether because of any applicable laws pertaining to “election of remedies” or the like, each Borrower hereby consents to such action by Agent or such Lender and waives any claim based upon such action, even if such action by Agent or such Lender shall result in a full or partial loss of any rights of subrogation that each Borrower might otherwise have had but for such action by Agent or such Lender. Any election of remedies that results in the denial or impairment of the right of Agent or any Lender to seek a deficiency judgment against any Borrower shall not impair any other Borrower’s obligation to pay the full amount of the Obligations. In the event Agent or any Lender shall bid at any foreclosure or trustee’s sale or at any private sale permitted by law or the Loan Documents, Agent or such Lender may bid all or less than the amount of the Obligations and the amount of such bid need not be paid by Agent or such Lender but shall be credited against the Obligations. The amount of the successful bid at any such sale, whether Agent, Lender or any other party is the successful bidder, shall be conclusively deemed to be the fair market value of the Collateral and the difference between such bid amount and the remaining balance of the Obligations shall be conclusively deemed to be the amount of the Obligations guaranteed under this Section 12, notwithstanding that any present or future law or court decision or ruling may have the effect of reducing the amount of any deficiency claim to which Agent or any Lender might otherwise be entitled but for such bidding at any such sale.

  • Termination of Trust Section 9.01

  • Duration of Trust Unless terminated as provided herein, the Trust shall have perpetual existence.

  • Remainder of Agreement Except as specifically modified by this Amendment, all terms and conditions of the Agreement shall remain in full force and effect.

  • Termination of Supplement This Supplement shall cease to be of further effect when all outstanding Series 2023-1 Notes theretofore authenticated and issued have been delivered (other than destroyed, lost, or stolen Series 2023-1 Notes which have been replaced or paid) to the Trustee for cancellation, ABRCF has paid all sums payable hereunder, and, if the Series 2023-1 Demand Note Payment Amount on the Multi-Series Letter of Credit Termination Date was greater than zero, all amounts have been withdrawn from the Series 2023-1 Cash Collateral Account in accordance with Section 2.8(i).

  • Term of Agreement; Resignation and Removal of Administrator This Agreement shall continue in force until the dissolution of the Issuer, upon which event this Agreement shall automatically terminate.

  • Limitation of Remedies The Credit Enhancement Provider shall not have the right to cause the Loan or any portion thereof to become due and payable prior to the due date for the Loan as set forth herein.

  • Exhaustion of Remedies The Claimant must follow these claims review procedures and exhaust all administrative remedies before taking any further action with respect to a claim for benefits.

  • Maintenance of REIT Status In the case of the Parent Guarantor, at all times, conduct its affairs and the affairs of its Subsidiaries in a manner so as to continue to qualify as a REIT for U.S. federal income tax purposes.

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