Damage/Restoration Sample Clauses
The 'Damage; Restoration' clause outlines the responsibilities and procedures for repairing or restoring property that has been damaged, typically within the context of a lease or property agreement. It usually specifies which party is responsible for initiating repairs, the standards to which restoration must be completed, and any timelines or conditions for the work. For example, if a leased building is damaged by fire or another event, this clause would detail whether the landlord or tenant must restore the premises and how quickly the work must be done. Its core function is to ensure that both parties understand their obligations in the event of property damage, thereby minimizing disputes and facilitating a clear process for returning the property to its original condition.
POPULAR SAMPLE Copied 1 times
Damage/Restoration. City shall take all reasonable precautions to avoid damage to the Property. If any damage or deterioration is caused to the Property in the course of performance of the Work, including without limitation, damage or deterioration to any paved surface, landscaping, utilities, equipment, commercial products, or structures, then City shall, at its sole cost and expense, immediately take all action necessary to repair the damage and restore the areas of the Property damaged or deteriorated by the Work to the specific condition that existed immediately prior to commencement of the Work. City shall perform all repair and restoration activities in a manner that is consistent and compliant with accepted industry standards.
Damage/Restoration. 14.1. Tenant shall notify Landlord in writing of any Damage to the Premises or the Building promptly after learning of the same.
14.2. In the case of Damage to the Building or the Premises, Landlord shall promptly commence and diligently proceed to Restore the Damaged area as nearly as possible to the value, condition and character of the same immediately before the Damage, subject, however, to Sections 12.4. and 14.3.
14.3. If the Building is so Damaged (whether or not the Premises are Damaged) as to require, for Restoration, a reasonably estimated expenditure of more than thirty per cent (30%) of the value of the Building as actually insured under Landlord's insurance policies immediately prior to such Damage, Landlord may terminate this Lease by notice to Tenant within one hundred eighty (180) days after the date of such Damage provided that at such time Landlord also terminates eighty percent (80%) of all leases at The Childrenswear Center.
14.4. In the event of Damage to the Building or the Premises, if Landlord is obligated to repair the same under Section 14.2 (or elects to repair the same under Section 14.3) but has not completed the required repairs within one hundred and eighty (180) days after the date of such Damage (unless Landlord has been prevented from proceeding by causes beyond Landlord's control, including insurance adjustments and negotiations) and if the Damage has deprived (and then continues to deprive) Tenant of reasonable access to the Premises or the use and enjoyment of the Premises, Tenant may, within fifteen (15) days thereafter, terminate this Lease by written notice to Landlord.
14.5. If Landlord or Tenant terminates this Lease pursuant to Section 14.3 or 14.4, this Lease shall expire as of the date of Landlord's or Tenant's notice, as the case may be, as if such date were the Expiration Date. Upon such date, Tenant shall quit, surrender and vacate the Premises as if upon expiration of the Term; and all Rents shall be apportioned as of such date (subject to Section 14.6).
Damage/Restoration. 16 ARTICLE 15. Condemnation................................................................... 17 ARTICLE 16.
Damage/Restoration. If the Building shall be partially damaged by fire or other casualty insured against under Landlord's property damage insurance policies, Landlord shall, upon receipt of the insurance proceeds, repair the Building to a condition which is substantially similar to the condition in existence prior to such casualty.
Damage/Restoration. If any part of the Premises shall be damaged by fire or other casualty or if any part of the Building shall be damaged by fire or other casualty and such damage shall affect Tenant's occupancy of the Premises, Tenant shall give prompt notice thereof to Landlord and Landlord shall with reasonable diligence repair such damage, and if any part of the Premises shall be rendered untenantable by reason of such damage (including untenantability due to lack of access thereto or services therein), the Basic Rent shall be equitably abated for a period from the date of such damage to the date when such part of the Premises shall have been made tenantable unless
(a) Landlord shall make available to Tenant, during the period of such repair, other space in the Building which is reasonably suitable for the temporary conduct of Tenant's business or (b) such fire or other casualty shall have resulted from the fault or neglect of Tenant
Damage/Restoration. Contractor guarantees the reimbursement, repair, replacement and/or restoration to the satisfaction of the DDA, any property (DDA, municipal or private), destroyed or damaged by use of equipment, machinery, or chemicals in the performance of the contract. This shall include but not be limited to plant material, buildings, screen walls, pavements, turf, traffic signs, people, animals and automobiles.
Damage/Restoration. If this Agreement terminates pursuant to clause (b) of Section 2 above, Cirrus shall cease the Cirrus Work and promptly return the condition of the Premises to substantially the same condition that existed on the Effective Date, ordinary wear and tear excepted.
Damage/Restoration. Tenant shall be responsible to repair any damage to the Access and Utility Easement Area, Temporary Construction Easement Area, any improvements located thereon, or any improvement located on Landlord’s property which may be adjacent to the Access and Utility Easement Area caused by the exercise of its rights hereunder.
Damage/Restoration. Tenant shall be responsible to repair any damage to the Easement Areas and the Temporary Construction Easement Areas and any improvements located thereon, or any improvement located on Landlord’s property which may be adjacent to the Easement Areas and the Temporary Construction Easement Areas caused by Tenant’s exercise of rights hereunder. Landlord shall be responsible to repair any damage to Landlord’s Easement Area and any improvements located thereon, or any improvement located on Tenant’s property which may be adjacent to Landlord’s Easement Area caused by Landlord’s exercise of rights hereunder.