Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant shall immediately: (a) notify Landlord thereof; and (b) deliver to Landlord all insurance proceeds received by Tenant with respect to the Tenant Improvements and Alterations (to the extent such items are not covered by Landlord’s casualty insurance obtained by Landlord pursuant to this Lease) and with respect to Alterations in the Premises that Tenant is required to insure pursuant to Section 13.1, excluding proceeds for Tenant’s furniture and other personal property, whether or not this Lease is terminated as permitted in Section 17.1, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds. If, for any reason (including Tenant’s failure to obtain insurance for the full replacement cost of any Alterations which Tenant is required to insure pursuant to Section 13.1 hereof), Tenant fails to receive insurance proceeds covering the full replacement cost of such Alterations which are damaged, Tenant shall be deemed to have self-insured the replacement cost of such Alterations, and upon any damage or destruction thereto, Tenant shall immediately pay to Landlord the full replacement cost of such items, less any insurance proceeds actually received by Landlord from Landlord’s or Tenant’s insurance with respect to such items.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant shall immediately: (a) notify Landlord thereof; and (b) deliver to Landlord all insurance proceeds received by Tenant with respect to the Leasehold Improvements in the Premises but only to the extent that such items are not covered by Landlord's casualty insurance obtained by Landlord pursuant to Paragraph 23 below (excluding proceeds for Tenant's furniture and other personal property), whether or not this Lease is terminated as permitted in this Paragraph 20, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds. If, for any reason (including Tenant's failure to obtain insurance for the full replacement cost of any Tenant Changes which Tenant is required to insure pursuant to Subparagraphs 14.1(c) and/or 22.1 (a) hereof), Tenant fails to receive insurance proceeds covering the full replacement cost of such Tenant Changes which are damaged, Tenant shall be deemed to have self-insured the replacement cost of such Tenant Changes, and upon any damage or destruction thereto, Tenant shall immediately pay to Landlord the full replacement cost of such items, less any insurance proceeds actually received by Landlord from Landlord's or Tenant's insurance with respect to such items, but only to the extent that Landlord is required to or elects to reconstruct the same for Tenant's use as provided in this Lease.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant shall immediately: (a) notify Landlord thereof; and (b) deliver to Landlord all insurance proceeds received by Tenant with respect to the Tenant Improvements and Tenant Changes in the Premises to the extent such items are not covered by Landlord's casualty insurance obtained by Landlord pursuant to Section 21 below (excluding proceeds for Tenant's furniture and other personal property), whether or not this Lease is terminated as permitted in this Section 18, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds; provided, however, with respect to proceeds of insurance for those Tenant Changes paid for by Tenant, in the event of a termination of this Lease, Tenant may retain a portion of the insurance proceeds applicable to such Tenant Changes based upon a fraction, the numerator of which is the number of months remaining in the Term (had this Lease not been terminated), and the denominator of which is the number of months remaining in the Term at the time the Tenant Change was installed in the Premises.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant shall promptly: (a) notify Landlord thereof; and (b) if Tenant elects to have Landlord repair damage to any Tenant Changes (including the Tenant Improvements) and this Lease is not terminated, deliver to Landlord sufficient insurance proceeds received by Tenant with respect to the Tenant Changes in the Premises (excluding proceeds for Tenant’s furniture, trade fixtures, equipment and other personal property). If, for any reason (including Tenant’s failure to obtain insurance for the full replacement cost of any Tenant Changes which Tenant is required to insure pursuant to Sections 12.1(c) and/or 20.1(a) hereof), Tenant fails to receive insurance proceeds covering the full replacement cost of such Tenant Changes which are damaged, Tenant shall be deemed to have self-insured the replacement cost of such Tenant Changes. If this Lease terminates due to a casualty, all insurance proceeds with respect to alterations and improvements paid for by Tenant shall be payable to Tenant.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises Tenant agrees to immediately (i) notify Landlord thereof and (ii) deliver to Landlord all property insurance proceeds received by Tenant with respect to any tenant improvements installed by or at the cost of Tenant and any alterations bul excluding proceeds for Tenant s furniture, fixtures, equipment and other personal property whether or not this Lease is terminated as permitted in this Paragraph 20 and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds. If for any reason (including Tenants failure to obtain required insurance) Tenant fails to receive insurance proceeds covering the full replacement cost of any tenant improvements and any alterations which are damaged Tenant will be deemed to have self-insured the replacement cost oi such items and upon any damage or destruction thereto Tenant agrees to immediately pay to Landlord the full replacement cost of such items less any insurance proceeds actually received by Landlord from Landlord's or Tenant's insurance with respect to such items.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant shall immediately notify Landlord thereof. In the absence of termination of this Lease as expressly provided by Sections 18.1, 18.4 or 18.5, Tenant shall at its expense commence and proceed diligently with the work of repair, reconstruction and restoration of the Tenant Improvements and Tenant Changes existing immediately prior to the damage, or such portion thereof, as Tenant, in Tenant’s sole discretion, deems necessary to continue the operation of its business in the Premises. In the event of termination of this Lease pursuant to Sections 18.1, 18.4 or 18.5 (and the termination pursuant to Sections 18.4 or 18.5 involved damage to the Tenant Improvements or Tenant Changes), all insurance proceeds received with respect to the Tenant Improvements and Tenant Changes from any insurance policies maintained by Tenant shall be and remain the property of Tenant and shall be paid to Tenant, except that Tenant shall pay (or cause the insurance company to pay) the sum of $475,000 from the first disbursement(s) of such insurance proceeds, and Tenant hereby assigns to Landlord all rights to receive such amount of Tenant’s insurance proceeds in respect of the Tenant Improvement Allowance paid by Landlord. If Tenant fails to maintain the insurance Tenant is required to maintain under this Lease or Tenant fails to receive sufficient insurance proceeds to cover the cost of repair, reconstruction or restoration of the Tenant Improvements, Tenant shall be deemed to have self-insured such sum of $475,000, which sum shall (up to the lesser of the cost of repairing, reconstructing or restoring the damage to the Tenant improvements or $475,000) be payable by Tenant to Landlord on the date of termination under Sections 18.1, 18.4 or 18.5.
Tenant’s Costs and Insurance Proceeds. In the event of any damage ------------------------------------- or destruction of all or any part of the Building or the Parking Structure, Tenant shall immediately (i) notify Landlord thereof, and (ii) deliver to Landlord all property insurance proceeds received by Tenant with respect to any Alterations, but excluding proceeds for Tenant's furniture, fixtures, equipment and other personal property, whether or not this Lease is terminated as permitted in this Paragraph 21, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds. If, for any reason (including Tenant's failure to obtain insurance for the full replacement cost of the Alterations from any and all casualties), Tenant fails to receive insurance proceeds covering the full replacement cost of the Alterations which are damaged, Tenant shall be deemed to have self-insured the replacement cost of such items, and upon any damage or destruction thereto, Tenant shall immediately pay to Landlord the full replacement cost of such items, less any insurance proceeds actually received by Landlord from Landlord's or Tenant's insurance with respect to such items.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant agrees to immediately (i) notify Landlord thereof, and (ii) deliver to Landlord all property insurance proceeds actually received by Tenant with respect to any Tenant Improvements and any Alterations (but not proceeds for Tenant's furniture, fixtures, equipment and other personal property) whether or not this Lease is terminated as permitted in this Paragraph 20, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds. If Tenant fails to obtain insurance for the full replacement cost of any Tenant Improvements and any Alterations covering any and all casualties, then Tenant will be deemed to have self-insured the replacement cost of such items, and upon any damage or destruction thereto, Tenant shall immediately pay to Landlord the full replacement cost of such items, less any insurance proceeds actually received by Landlord from Landlord's or Tenant's insurance with respect to such items.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Premises, Tenant shall immediately: (a) notify Landlord thereof; and (b) deliver to Landlord all insurance proceeds received by Tenant with respect to the Tenant Improvements and Alterations (to the extent such items are not covered by Landlord’s Casualty insurance obtained by Landlord pursuant to this Lease) and with respect to Alterations in the Premises that Tenant is required to insure pursuant to Section 13.1, excluding proceeds for Tenant’s furniture and other personal property, whether or not this Lease is terminated as permitted in Section 17.1, and Tenant hereby assigns to Landlord all rights to receive such insurance proceeds.
Tenant’s Costs and Insurance Proceeds. In the event of any damage or destruction of all or any part of the Demised Premises, Tenant agrees to immediately notify Landlord thereof,
