Common use of Restoration of the Leased Premises Clause in Contracts

Restoration of the Leased Premises. Following a condemnation of less than the whole or Substantially All of the Leased Premises during the Term, Tenant shall, subject to the requirements of Section 15.2 and Article XIX, with reasonable diligence (subject to Excusable Tenant Delay and/or Landlord Delay), commence and thereafter proceed to repair, alter and restore the remaining part of the Leased Premises to substantially their former condition to the extent that the same may be feasible and in accordance with the Project Plans which have been Approved pursuant to the terms of this Lease, as and if required, to the extent practical and permitted by Applicable Laws. Such repairs, alterations or restoration, including temporary repairs for the protection of Persons or Property pending the completion of any part thereof are sometimes referred to in this Article XX as the “Condemnation Repair Work”. Landlord shall be obligated to make payment, disbursement, reimbursement or contribution toward the Condemnation Expenses in an amount up to Landlord’s Condemnation Award. Landlord shall make such payments or disbursements for Condemnation Expenses upon request from Tenant when accompanied by a certificate dated not more than fifteen (15) calendar days prior to such request, signed by a Responsible Officer of Tenant and any architect, engineer or construction manager in charge of the Condemnation Repair Work selected by Xxxxxx, setting forth the following:

Appears in 2 contracts

Samples: Lease Agreement, Ground Lease Agreement

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Restoration of the Leased Premises. Following a condemnation of less than the whole or Substantially All of the Leased Premises during the Term, Tenant shall, subject to the requirements of Section 15.2 and Article XIX, with reasonable diligence (subject to Excusable Tenant Delay and/or Landlord Delay), commence and thereafter proceed to repair, alter and restore the remaining part of the Leased Premises described in clause (a) of the definition thereof to substantially their former condition to the extent that the same may be feasible and in accordance with the Project Plans which have Base Stadium Plan that has been Approved pursuant to the terms of this Lease, as and if required, to the extent practical and permitted by Applicable Laws. Such repairs, alterations or restoration, including temporary repairs for the protection of Persons or Property pending the completion of any part thereof are sometimes referred to in this Article XX as the “Condemnation Repair Work”. Landlord shall be obligated to make payment, disbursement, reimbursement or contribution toward the costs of Condemnation Expenses Repair Work (“Condemnation Expenses”) in an amount up to Landlord’s Condemnation AwardAward and all Condemnation Expenses in excess of Landlord’s Condemnation Award shall be paid by Xxxxxx. Landlord shall make such payments or disbursements for Condemnation Expenses upon request from Tenant when accompanied by a certificate dated not more than fifteen (15) calendar days prior to such request, signed by a Responsible Officer of Tenant and any architect, engineer or construction manager in charge of the Condemnation Repair Work selected by Xxxxxx, setting forth the following:

Appears in 1 contract

Samples: Lease and Development Agreement

Restoration of the Leased Premises. Following a condemnation of less than the whole or Substantially All of the Leased Premises during the Term, Tenant shall, subject to the requirements of Section 15.2 and Article XIX, with reasonable diligence (subject to Excusable Tenant Delay and/or Landlord Delay), commence and thereafter proceed to repair, alter and restore the remaining part of the Leased Premises described in clause (a) of the definition thereof to substantially their former condition to the extent that the same may be feasible and in accordance with the Project Plans which have Base Stadium Plan that has been Approved pursuant to the terms of this Lease, as and if required, to the extent practical and permitted by Applicable Laws. Such repairs, alterations or restoration, including temporary repairs for the protection of Persons or Property pending the completion of any part thereof are sometimes referred to in this Article XX as the “Condemnation Repair Work”. Landlord shall be obligated to make payment, disbursement, reimbursement or contribution toward the costs of Condemnation Expenses Repair Work (“Condemnation Expenses”) in an amount up to Landlord’s Condemnation AwardAward and all Condemnation Expenses in excess of Landlord’s Condemnation Award shall be paid by Tenant. Landlord shall make such payments or disbursements for Condemnation Expenses upon request from Tenant when accompanied by a certificate dated not more than fifteen (15) calendar days prior to such request, signed by a Responsible Officer of Tenant and any architect, engineer or construction manager in charge of the Condemnation Repair Work selected by XxxxxxTenant, setting forth the following:

Appears in 1 contract

Samples: Lease and Development Agreement

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Restoration of the Leased Premises. Following a condemnation of less than the whole or Substantially All of the Leased Premises during the Term, Tenant shall, subject to the requirements of Section 15.2 and Article XIX, with reasonable diligence (subject to Excusable Tenant Delay and/or Landlord Delay), commence and thereafter proceed to repair, alter and restore the remaining part of the Leased Premises to substantially their former condition to the extent that the same may be feasible and in accordance with the Project Plans which have been Approved pursuant to the terms of this Lease, as and if required, to the extent practical and permitted by Applicable Laws. Such repairs, alterations or restoration, including temporary repairs for the protection of Persons or Property pending the completion of any part thereof are sometimes referred to in this Article XX as the “Condemnation Repair Work”. Landlord shall be obligated to make payment, disbursement, reimbursement or contribution toward the Condemnation Expenses in an amount up to Landlord’s Condemnation Award. Landlord shall make such payments or disbursements for Condemnation Expenses upon request from Tenant when accompanied by a certificate dated not more than fifteen (15) calendar days prior to such request, signed by a Responsible Officer of Tenant and any architect, engineer or construction manager in charge of the Condemnation Repair Work selected by XxxxxxTenant, setting forth the following:

Appears in 1 contract

Samples: Ground Lease Agreement

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