Examples of Condemnation Restoration in a sentence
In such event (a) the Term shall end on the date set forth in such notice as if such date were the Fixed Expiration Date, and (b) Tenant shall have no obligation to perform such Condemnation Restoration, but at Landlord’s option, Tenant shall demolish the improvements on the site and make the site safe and free from conditions hazardous to life and property.
If the portion of the award made available by Depositary is insufficient for the purpose of paying for the cost of the Construction Work in connection with the Condemnation Restoration, Tenant shall nevertheless be required to perform such Construction Work as required hereby and pay any additional sums required for such Construction Work.
Except as necessary and as provided in the County approved Plans and Specifications in connection with construction of the Hotel and Garage or as part of a Casualty Restoration or Condemnation Restoration or as may be otherwise permitted under this Agreement or the Hotel Lease, Developer shall not demolish any portion of the Project Site.
In addition, the Rent shall be equitably abated while Landlord performs any Condemnation Restoration Work required under this section.
In the event Tenant shall not provide Tenant’s Termination Notice within such 90 Day period, Tenant shall be deemed to have elected not to terminate this Lease, in which event this Lease shall continue in full force and effect as to the portion of the Premises (or of Tenant’s leasehold estate) remaining immediately after such Substantial Condemnation and Tenant shall proceed promptly to Restore the Premises pursuant to Section 11.8 (Condemnation Restoration).