Repair Period definition

Repair Period means two hundred ten (210) days after the date of damage to the Premises or the Facility by fire or other casualty.
Repair Period means the time period commencing when the State reports an Error to Licensor and continuing for four hours or such other period as may be specified in Schedule C.
Repair Period means the period commencing with the date of damage and ending on the Repair Completion Date unless, in any case where the Repair Completion Date is more than 120 days after the date of the damage, Tenant does not elect, or does not have the right to elect, as provided above to extend the time permitted for repair beyond said 120 day period, in which event the Repair Period shall end 120 days after the date of the damage. If the Building cannot be repaired and restored within the Repair Period, then either party may, within ten (10) days after the determination of the Repair Period as provided above, cancel the Lease by giving notice to the other party. If Landlord does not commence repairs within 30 days after the damage or continue to prosecute such repair continuously with reasonable diligence, or if the Building is not repaired and restored within the Repair Period, then Tenant may cancel the Lease at any time thereafter and prior to completion of the repair. Tenant shall not be able to cancel this Lease if its willful misconduct caused the damage unless Landlord is not promptly and diligently repairing and restoring the Premises. The Base Rent and Additional Rent shall abatx xx the extent fair and equitable and the abatement shall include any period that Tenant is unable to occupy or use the Building, or its occupancy or use is materially adversely affected by reason of any casualty or cause, whether or not the Premises are "untenantable" and whether or not the Premises themselves are damaged. The abatement shall consider the nature and extent of interference to Tenant's ability to conduct business in the Premises and the need for access and essential services. The abatement shall continue from the date the damage occurred until thirty (30) business days after Landlord completes the repairs and restoration, or until Tenant again uses the Premises or the part rendered unusable, whichever is first. Notwithstanding anything else in Section 13, Landlord is not obligated to repair or restore damage to Tenant's trade fixtures, furniture, equipment, or other personal property. If the Lease is in the last twelve (12) months of its Term when material damage to the Building occurs, then Landlord may cancel this Lease unless Tenant makes one of the following elections and gives notice thereof within ten (10) days after receipt of notice of such cancellation from Landlord: 1) elects to extend the Term of the Lease for the next available Extended Term, if any, or ...

Examples of Repair Period in a sentence

  • During a Repair Period in which Manager continues to manage the Hotel, the Manager shall operate the Hotel in accordance with a revised Annual Operating Budget which shall reflect a reduction in staff levels as determined by Lessee.


More Definitions of Repair Period

Repair Period is defined in Section 21(a).
Repair Period means 120 days after the date of the related Casualty.
Repair Period means a period of up to 10 business days for repair or replacement of a defective Product and return shipment by Seller to Nortel or its designee (e.g., customer) of the repaired Product or replacement Product, as applicable, unless otherwise agreed in writing by the parties. The Repair Period will commence on the date that Seller receives the defective Product from Nortel or Nortel customer at a location designated in advance in writing by Seller. The Repair Period will end when Seller has delivered the replacement Product to a common carrier for return shipment. On a case by case basis, should Nortel desire a reduced Repair Period of up to 5 business days, then that reduced Repair Period requirement will be requested during Nortel’s request for and Seller’s issue of the RMA for the defective Product requiring the Expedited Repair service, in which case Seller will charge Nortel an expedited repair fee as specified in Table D-2 of Exhibit D of this Agreement
Repair Period means the longer of (1) a period commencing on the date of the casualty and expiring 90 days thereafter or (2) a period commencing on the date of the casualty and expiring on the date Lessor has specified in a written notice delivered to Lessee as Lessor’s estimate of the reasonable time to repair; however, if, within 60 days following the date of the casualty, Lessor fails to deliver to Lessee a written notice that specifies Lessor’s estimate of the reasonable time to repair, then the Repair Period shall be for 90 days following the date of the casualty. In the case of termination when the reasonably estimated time to repair exceeds 90 days, Lessee must deliver to Lessor written notice of Lessee’s election to terminate within 30 days following the date of Lessee’s receipt from Lessor of written notice that the reasonably estimated time to repair exceeds 90 days, and such termination shall be effective upon Lessor’s receipt of the notice or such later date specified in the notice not exceeding 30 days after Lessor’s receipt of the notice. In the case of termination when Lessor has not completed Lessor’s repair work within the Repair Period, Lessee must deliver Lessee’s 20-day notice prior to Lessor’s completion of Lessor’s repair work, and termination shall be effective upon expiration of the 20-day period. Nothing contained in this paragraph shall be construed to waive or relieve Lessee from any obligation that may exist to pay or contribute to the deductible amount or the cost of repair and restoration as provided above.
Repair Period shall have the meaning as set forth in Section 18.4.
Repair Period has the meaning specified in Section 2.3(e).
Repair Period is defined in Section 21(a). “Site” means each parcel of Lessor’s owned, leased, subleased, licensed or otherwise used real property, including but not limited to a portion of tower, rooftop or other structure space, and all rights of pedestrian and vehicular ingress and egress, all or a portion of which Lessee leases from Lessor pursuant to this Agreement and an SA or which Lessee leases directly from Land Owner as contemplated by Section 3(iii) hereof. “SA” means Site Agreement, the form of which is attached as Exhibit A. “SA Commencement Date” is defined in Section 6(b). “SA Effective Date” is defined in the SA. “SA Initial Term” is defined in Section 6(b). “SA Renewal Term” is defined in Section 6(b). 3