Examples of Reconstruction Work in a sentence
Anything in this Ground Lease to the contrary notwithstanding, the period of time within which the Lessee shall be hereinabove obligated to complete the Reconstruction Work shall be extended for the period of any delay in said completion not within the reasonable control of the Lessee.
Lessee shall use diligent, good faith efforts to satisfy all conditions of any Permitted Leasehold Mortgage to permit release and disbursement of such proceeds towards the costs of the Reconstruction Work.
Landlord shall be obligated to commence Landlord's Reconstruction Work and shall diligently pursue the completion of Landlord's Reconstruction Work and shall cause the same to be completed as soon thereafter as possible under the attendant circumstances, but in any event all such Landlord's Reconstruction Work shall be completed and the Leased Premises reopened for business within one hundred eighty (180) days following such fire or casualty.
After Landlord has completed Landlord's Reconstruction Work, Tenant shall commence such Tenant's Reconstruction Work, at its expense.
Developer covenants and agrees to promptly submit any claim for damage to the insurer, to promptly restore the Property to adequate, clean, and orderly condition and to commence the Reconstruction Work, as soon as practicable, and to fully complete such Reconstruction Work as expeditiously as reasonably possible.
Landlord shall reimburse Tenant for the cost of the Reconstruction Work up to and not exceeding the net compensation amount realized by Landlord as a result of such taking (i.e., the gross amount of the compensation received by Landlord from the taking authority less all costs and expenses reasonably incurred by Landlord in pursuing, prosecuting, and/or recovering its claim to such award).
All Reconstruction Work shall be performed pursuant to (and subject to) the requirements for Alterations set forth in Article VI.
In the event of the termination hereof before the expenditure of the full amount of such insurance proceeds for the Reconstruction Work, any unexpended balance thereof, including any interest previously earned by such balance, shall inure to and become the sole property of the Lessor.
All insurance proceeds shall be promptly used, to the extent necessary, for the reconstruction, repair, or replacement of the Project, so that the Project shall be restored to a condition comparable to the condition prior to the loss or damage (hereinafter referred to as "Reconstruction Work").
Developer shall comply in all respects with the provisions of Section 3.13 with respect to any Reconstruction Work.