Failure to Restore. If City has directed Tenant to demolish or restore some or all of the improvements on the Premises, or otherwise restore the Premises, and Tenant has failed to do so, or failed to do so to the level required by this Agreement, on or before the earlier to occur of the date of the termination of this Agreement or the Expiration Date, City shall have the right, but not the obligation, to remove and/or demolish the same at Tenant’s cost. In that event, Tenant agrees to pay to City, upon demand, City’s Costs of any such removal, demolition or restoration and further agrees that such City’s Costs shall be deemed Additional Rent.
Appears in 2 contracts
Samples: kentico.portoflosangeles.org, kentico.portoflosangeles.org
Failure to Restore. If City has directed Tenant Xxxxxx to demolish or restore some or all of the improvements on the Premises, or otherwise restore the Premises, and Tenant has failed to do so, or failed to do so to the level required by this Agreement, on or before the earlier to occur of the date of the termination of this Agreement or the Expiration Date, City shall have the right, but not the obligation, to remove and/or demolish the same at Tenant’s cost. In that event, Tenant Xxxxxx agrees to pay to City, upon demand, City’s Costs of any such removal, demolition or restoration and further agrees that such City’s Costs shall be deemed Additional Rent.
Appears in 2 contracts
Samples: kentico.portoflosangeles.org, kentico.portoflosangeles.org