Common use of Substantial Destruction Clause in Contracts

Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.

Appears in 2 contracts

Samples: Lease Agreement (Just Like Home Inc), Lease Agreement (Just Like Home Inc)

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Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section 9.4 ss.9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.

Appears in 1 contract

Samples: Lease Agreement (Balanced Care Corp)

Substantial Destruction. 9.2.1 If the any Facility's Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.

Appears in 1 contract

Samples: Master Lease Agreement (Balanced Care Corp)

Substantial Destruction. 9.2.1 If the any Facility's Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.

Appears in 1 contract

Samples: Master Lease Agreement (Balanced Care Corp)

Substantial Destruction. 9.2.1 If the any Facility's Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds units at any one anyone Facility.

Appears in 1 contract

Samples: Master Lease Agreement (Emeritus Corp\wa\)

Substantial Destruction. 9.2.1 11.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property Premises in accordance with Section 9.4 11.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyedSUBSTANTIALLY DESTROYED" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one the Retirement Care Facility.

Appears in 1 contract

Samples: Lease Agreement (American Retirement Corp)

Substantial Destruction. 9.2.1 If the any Facility’s Improvements are substantially destroyed at any time other than during the final 18 12 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section §9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.

Appears in 1 contract

Samples: Master Lease Agreement (Capital Senior Living Corp)

Substantial Destruction. 9.2.1 If the any Facility's Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section §9.4 through §9.9 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 5035% or more of the licensed beds or units at any one Facility.

Appears in 1 contract

Samples: Master Lease Agreement (Alterra Healthcare Corp)

Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.

Appears in 1 contract

Samples: Lease Agreement (Balanced Care Corp)

Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section 9.4 through Section 9.9 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 5035% or more of the licensed beds or units at any one Facility.

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

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Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section Sections 9.4 through 9.9 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds or units at any one Facility.

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section 9.4 through Section 9.9 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one Facility.substantially

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

Substantial Destruction. 9.2.1 If the any Facility's Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section 9.4 through Section 9.9 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 5035% or more of the licensed beds or units at any one Facility.

Appears in 1 contract

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

Substantial Destruction. 9.2.1 If the any Facility's Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property such Improvements in accordance with Section 9.4 ss.9.4 through ss.9.9 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds or units at any one Facility.

Appears in 1 contract

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

Substantial Destruction. 9.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyedSubstantially Destroyed" means any casualty resulting in the loss of use of 5035% or more of the licensed beds at any one Facility.

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

Substantial Destruction. 9.2.1 11.2.1 If the Improvements are substantially destroyed at any time other than during the final 18 months of the Initial Term or the any Renewal Term, Tenant shall promptly rebuild and restore the Leased Property Premises in accordance with Section 9.4 and Landlord shall make the insurance proceeds available to Tenant for such restoration. The term "substantially destroyed" means any casualty resulting in the loss of use of 50% or more of the licensed beds at any one the Retirement Care Facility.

Appears in 1 contract

Samples: Lease Agreement (American Retirement Corp)

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