Tenant's Restoration. If all or any part of the Premises are damaged by fire or other casualty and this Lease is not terminated, Tenant shall promptly and with due diligence repair and restore the leasehold improvements (other than improvements which Tenant is permitted to remove in accordance with the terms of this Lease upon expiration of the Lease) and personal property previously installed by Tenant pursuant to this Lease.
Tenant's Restoration. If all or any part of the Premises are damaged by fire or other casualty and this Lease is not terminated, Tenant shall promptly and with due diligence repair and restore the leasehold improvements and personal property previously installed by Tenant pursuant to this Lease.
Tenant's Restoration. During the Term, Tenant shall promptly notify Landlord of any damage to the Demised Premises and shall, at its own cost and regardless of the suf- ficiency of insurance proceeds restore the Building subject to Section 8.07 as nearly as possibIe to its condition immediately prior to the damage. Restoration shall be commenced promptly after the occurrence of any such damage and completed with due diligence. As promptly as reasonably possible after damage, Tenant shall notify Landlord of its estimate of the cost of restoration certified correct by Tenant's architect, which architect to be reasonably approved by Landlord, and provide Landlord with such substantiation thereof as Landlord reasonably requests. If the estimated cost of the restoration exceeds the insurance proceeds, Tenant shall, prior to the commencement of the restoration, deposit the deficiency in accordance with Section 7.03. If such determina- tion has not been made when the restoration is to commence, Tenant shall so deposit the difference between Landlord's estimate of the cost of the restoration and the insurance proceeds (any deposit by Tenant pursuant to this Section 7.03 being hereinafter referred to as the "deficiency deposit") and, upon the determination of the estimated cost of the restoration, any excess amount so deposited shall promptly be refunded to Tenant. Before commencing with any restoration which would cost more than $50,000.00, Tenant's architect shall prepare plans and specifications therefor, for Landlord's and any fee mortgagee's approval. There shall be no material deviation from such plans and specifications without Landlord's and the fee mortgagee's approval. The reasonable expenses of Landlord and the fee mortgagee in reviewing such plans and specifications and reviewing requests for disbursements shall be paid by Tenant as Additional Rent.
Tenant's Restoration. If all or any part of the Premises are damaged by fire or other casualty and this Lease is not terminated, Tenant shall promptly and with due diligence repair and restore the leasehold improvements previously installed by or on behalf of Tenant in the Premises, but shall not be required to repair or restore its personal property (unless the damage occurs during the last twelve (12) months of the Term, in which event Tenant shall have no obligation to repair or restore leasehold improvements, provided that in no event shall Landlord be obligated to repair or restore such leasehold improvements or any personal property of Tenant).
Tenant's Restoration. In the event Landlord elects to repair, reconstruct, or restore the Damage, Tenant agrees to repair or replace any Damage to Tenant's leasehold improvements, its merchandise, trade fixtures, furnishings, operating equipment, and personal property, including wall coverings, carpeting, and drapes, as soon as possible after the occurrence of the Damage to at least a condition equal to that prior to the Damage.
Tenant's Restoration. Notwithstanding any other provision of this Lease, Landlord shall not be required to repair any injury or damage to or to make any repairs to or replacements of any Alterations or any other improvements installed in the Premises by Tenant, other than Building Standard Work, and Tenant shall, at Tenant's sole cost and expense, repair and restore all Non-Building Standard Work and such Alterations and improvements in the same condition as existed prior to such event. Except as provided in Paragraph 14.2. Tenant shall not be entitled to any compensation or damages from Landlord for damage to any Non-Building Standard Work, Alterations, or Tenant's Property, for loss of use of the Premises or any part thereof, for any damage to or interference with Tenant's business, loss of profits, or for any disturbance to Tenant caused by any casualty or the restoration of the Premises following such casualty.
Tenant's Restoration. Except in the event of a Taking which does result in a termination of this Lease pursuant to Section 13.01 or Section 13.08, and except in the event of the timely execution and delivery of the New Lease, in the event of a partial Taking of less than Substantially All of the Premises as to which Tenant elects at its option to continue this Lease, subject to Force Majeure, and further subject to Section 13.04(b), Tenant shall proceed promptly to complete with diligence and dispatch a Condemnation Restoration of the remaining portion of the Premises not so taken (including replacement of all Tenant’s Trade Fixtures), including all restoration, alterations and modifications to the remaining portion of the Premises not so taken so that the completed Condemnation Restoration comprises a fully functioning and integrated complex as a whole, subject to and only to the extent of the award or damages for the Taking which are actually made available to Tenant therefor, and in no event shall Tenant be required to advance or otherwise provide any of its own funds or otherwise incur or pay any out- of-pocket costs or expenses in connection with any Condemnation Restoration. Xxxxxxxx agrees to promptly pay over to Tenant all proceeds from any award or damages for said Taking received by Landlord for the purposes of such Condemnation Restoration. Subject to the foregoing, all Condemnation Restoration shall be performed in a good and workmanlike manner with the same (or better) scope, character and quality of materials as were in place at the Premises (and all Trade Fixtures) subject to the Taking.
Tenant's Restoration. Subject to the provisions of Section 11.2 below, if a loss by fire or other casualty occurs which causes destruction or damage to the Improvements, then the parties agree as follows:
11.1.1 Tenant shall diligently pursue the reconstruction, restoration and repair of the Premises (the “Restoration Work”) in compliance with all applicable Laws and shall cause the Improvements to be completely restored to their condition immediately prior to such casualty as expeditiously as possible.
11.1.2 If no Default has occurred and is continuing, Tenant shall have the right to adjust, and shall pay the entire cost of adjusting, such loss with the Property Insurance provider, subject to the approval of Landlord as to amount (such approval not to be unreasonably withheld or delayed), and provided that the same are deposited with Landlord or title company or disbursing agent reasonably acceptable to Landlord.
11.1.3 All Insurance Proceeds, together with such additional amounts as Tenant may be required to contribute to pay for all Restoration Work shall be deposited with Landlord or an escrow agent reasonably satisfactory to Landlord (the “Escrow Agent”), pursuant to an construction escrow disbursing agreement reasonably satisfactory to Landlord. Tenant shall pay the fees and expenses of the Escrow Agent .
11.1.4 To the extent any Insurance Proceeds are paid to Tenant, the same shall be held by Tenant in trust solely for the purpose of paying the cost of the Restoration Work until such time as the same are deposited into escrow as required herein.
11.1.5 Tenant shall cause the Improvements to be fully restored to that condition existing immediately prior to such casualty (or such other condition as Landlord may approve in Landlord’s sole and absolute discretion) not later than one year following the date of damage.
11.1.6 Tenant shall pay all costs of the Restoration Work, regardless of whether the available Insurance Proceeds are sufficient to pay such costs.
11.1.7 The Base Rent shall not xxxxx, it being agreed that Tenant shall be entitled to insure such obligation.
Tenant's Restoration. If any of the Improvements are affected by a taking by eminent domain, but are not taken thereunder, and if this Lease is not terminated as a result thereof, Tenant shall repair and restore such affected Improvements to a functional unit to the extent physically and economically practical and feasible under the circumstances, based in part on the extent of the condemnation proceeds received by or otherwise awarded to Tenant, with reasonable speed at the expense of Tenant. If Tenant has not commenced restoration within six (6) months after the date of judgment, decree, or other vesting event, the same shall be a default under this Lease.
Tenant's Restoration. In the event of a Partial Taking of the -------------------- Premises that does not result in a termination of this Lease. Tenant shall restore the remaining portion of the Premises as nearly as practicable to its condition prior to the Taking (assuming the Premises to have been maintained by Tenant in the condition required by this Lease) to the extent the Award is made available to Tenant for the Restoration. Tenant shall be responsible at its sole cost and expense for the repair, restoration, and replacement of Tenant's Property and any other leasehold improvements (the "Restoration"). Landlord shall reimburse Tenant in an amount equal to the reasonable costs and expenses of the Restoration, which reimbursement shall in no event be greater than the proceeds of any and all Awards received by Landlord and Lender in connection with the Taking and shall be disbursed in accordance with the provisions of Section 17.5.1.
