Common use of TENANT to Repair or Rebuild Clause in Contracts

TENANT to Repair or Rebuild. in the Event of Casualty - In case the Premises or any part thereof shall be damaged or destroyed by fire other casualty, taken (which term or reference to eminent domain action generally, for the purposes of this Article shall include a sale in lieu of the exercise of the right of eminent domain) or ordered to be demolished by the action of any public authority in consequence of a fire or other casualty, this Lease shall, unless it is terminated as provided below in Section 9.2 or 9.3, remain in full force and effect and TENANT shall, at its expense, proceed with all reasonable dispatch, to repair or rebuild the premises and the improvements, or what may remain thereof, so as to restore them as nearly as practicable to the condition they were in immediately prior to such damage or destruction.

Appears in 10 contracts

Samples: Lease (Commerce Bancorp Inc /Nj/), Lease (Commerce Bancorp Inc /Nj/), Lease (Commerce Bancorp Inc /Nj/)

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TENANT to Repair or Rebuild. in the Event of Casualty - In case the Premises or any part thereof shall be damaged or destroyed by fire or other casualty, taken (which term or reference to eminent domain action generally, for the purposes of this Article article shall include a as sale in lieu of the exercise of the right of eminent domaindomain ) or ordered to be demolished by the action of any public authority in consequence of a fire or other casualty, this Lease shall, unless it is terminated as provided below in Section 9.2 or 9.3, remain in full force and effect effect, and TENANT shall, at its expense, proceed with all reasonable dispatch, to repair or rebuild the premises Premises and the improvements, or what may remain thereof, so as to restore them as nearly as practicable to the condition they were in immediately prior to such damage or destruction.

Appears in 2 contracts

Samples: Lease (Commerce Bancorp Inc /Nj/), Commerce Bancorp Inc /Nj/

TENANT to Repair or Rebuild. in In the Event of Casualty - In case the Premises or any part thereof shall be damaged or destroyed by fire or other casualty, taken (which term or reference to eminent domain action generally, for the purposes of this Article article shall include a as sale in lieu of the exercise of the right of eminent domaindomain ) or ordered to be demolished by the action of any public authority in consequence of a fire or other casualty, this Lease shall, unless it is terminated as provided below in Section 9.2 or 9.3, remain in full force and effect effect, and TENANT shall, at its expense, proceed with all reasonable dispatch, to repair or rebuild the premises and the improvements, or what may remain thereof, so as to restore them as nearly as practicable to the condition they were in immediately prior to such damage or destruction.

Appears in 1 contract

Samples: First Lease (Commerce Bancorp Inc /Nj/)

TENANT to Repair or Rebuild. in the Event of Casualty - In case the Premises or any part thereof shall be damaged or destroyed by fire or other casualty, taken (which term or reference to eminent domain action generally, for the purposes of this Article article shall include a as sale in lieu of the exercise of the right of eminent domaindomain ) or ordered to be demolished by the action of any public authority in consequence of a fire or other casualty, this Lease shall, unless it is terminated as provided below in Section 9.2 or 9.3, remain in full force and effect effect, and TENANT shall, at its expense, proceed with all reasonable dispatch, to repair or rebuild the premises and the improvements, or what may remain thereof, so as to restore them as nearly as practicable to the condition they were in immediately prior to such damage or destruction.

Appears in 1 contract

Samples: Commerce Bancorp Inc /Nj/

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TENANT to Repair or Rebuild. in the Event of Casualty - In case the Premises or any part thereof shall be damaged or destroyed by fire or other casualty, taken (which term or reference to eminent domain action generally, for the purposes of this Article article shall include a as sale in lieu of the exercise of the right of eminent domain) or ordered to be demolished by the action of any public authority in consequence of a fire or other casualty, this Lease shall, unless it is terminated as provided below in Section 9.2 or 9.3, remain in full force and effect effect, and TENANT shall, at its expense, proceed with all reasonable dispatch, to repair or rebuild the premises Premises and the improvements, or what may remain thereof, so as to restore them as nearly as practicable to the condition they were in immediately prior to such damage or destruction.

Appears in 1 contract

Samples: Lease (Commerce Bancorp Inc /Nj/)

TENANT to Repair or Rebuild. in the Event of Casualty - In case the Premises or any part thereof shall be damaged or destroyed by fire or other casualty, taken (which term or reference to eminent domain action generally, for the purposes of this Article shall include a sale in lieu of the exercise of the right of eminent domain) or ordered to be demolished by the action of any public authority in consequence of a fire or other casualty, this Lease shall, unless it is terminated as provided below in Section 9.2 or 9.3, remain in full force and effect and TENANT shall, at its expense, proceed with all reasonable dispatch, to repair or rebuild the premises and the improvements, or what may remain thereof, so as to restore them as nearly as practicable to the condition they were in immediately prior to such damage or destruction.

Appears in 1 contract

Samples: Lease (Commerce Bancorp Inc /Nj/)

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