Insubstantial Damage. If Improvements to any Leased Space are damaged, in whole or in part, by fire or casualty, and there is no Major Damage (as defined below) to the portion of the Terminals served by the damaged Improvements, then the Commissioner must repair any damage to the Shell and Core at the City's expense, and Tenant must repair the damage to the Improvements as soon as reasonably possible (after completion of the Shell and Core) at Tenant's expense.
Insubstantial Damage. If Improvements to the Licensed Space are damaged, in whole or in part, by fire or other casualty, and there is no Major Damage (as defined below) to the portion of the Cultural Center infrastucture served by the damaged Improvements, Licensee must repair the damage to the Improvements as soon as reasonably possible at Licensee's expense.
Insubstantial Damage. If the Premises or the Building is damaged by a casualty but neither is rendered substantially untenantable and Landlord estimates that the time to substantially complete the repair or restoration will not exceed 360 days from the date such damage occurred, then Landlord shall proceed to repair and restore the Project or the Premises other than Tenant Alterations, with reasonable promptness , unless such damage is to the Premises and occurs during the last six (6) months of the Lease Term, in which event either Tenant or Landlord shall have the right to terminate this Lease as of the date of such casualty by giving written notice thereof to the other within twenty (20) days after the date of such casualty. Notwithstanding the foregoing, Landlord’s obligation to repair shall be limited in accordance with the provisions of Section 12.1(a) above. (c)
Insubstantial Damage. In the event of damage or destruction of the Real Property or any portion of the Real Property prior to the Close of Escrow in an amount not exceeding One Hundred Thousand Dollars ($100,000), subject to the terms and conditions of this Agreement, Buyer and Seller shall consummate this Agreement without change in the Purchase Price, provided that Seller shall assign to Buyer at Close of Escrow its rights under any insurance policy, if any, covering such damage or destruction and Seller shall credit Buyer with Seller’s deductible or retainage under such policies, if any.
Insubstantial Damage. If the Premises is damaged by fire or any other casualty (the “Casualty Damage”), and the estimated cost to repair such Casualty Damage is less than fifty percent (50%) of the estimated cost to replace the Premises, then Landlord shall repair such Casualty Damage so long as sufficient insurance proceeds recovered as a result of such Casualty Damage remain after deducting the amount of any expenses incurred in collecting the insurance proceeds. Notwithstanding anything to the contrary set forth herein, in no event shall Landlord be required to repair or replace: (1) the improvements to the Premises made by Tenant; or (2) any trade fixtures, equipment, or inventory of Tenant (or any other person or entity) located on, in, or about the Premises.
Insubstantial Damage. If the Premises are damaged by fire or any other casualty (the "Casualty Damage"), and the estimated cost to repair such Casualty Damage is less than fifty percent (50%) of the estimated cost to replace the Premises, then Landlord shall repair such Casualty Damage so long as sufficient insurance proceeds recovered as a result of such Casualty Damage remain after: (i) Landlord's mortgagee has withheld any amount of the proceeds to which it is entitled, if any; and (ii) deduction for any expenses incurred in collecting the insurance proceeds. Notwithstanding anything to the contrary set forth herein, in no event shall Landlord be required to repair or replace:
Insubstantial Damage. Subject to delays due to causes beyond the -------------------- reasonable control of the Landlord or the action or inaction of the Tenant, its employees or agents, Landlord shall repair any damage which is not Substantial Damage within sixty (60) days of the occurrence of said damage.
Insubstantial Damage. If Improvements to any Service Equipment are damaged, in whole or in part, by fire or casualty, and there is no Major Damage (as defined below) to the portion of the Terminals served by the damaged Improvements, Airport Network must repair the damage to the Improvements as soon as reasonably possible at Airport Network's expense.
Insubstantial Damage. Casualty Damage shall be considered to be "Insubstantial Damage" if: (i) the cost of repair and restoration of the Project is less than thirty percent (30%) of the amount it would cost to replace the Project in its entirety at the time such damage or destruction took place; (ii) the Estimated LW Repair Cost is less than fifty percent (50%) of Lessor's estimated cost to completely restore Lessor Work (the "Estimated LW Replacement Cost"); and (ii) on the date of the event of Casualty Damage, 365 days or more remain in TTPU's then-current Lease Term.
Insubstantial Damage. If the PREMISES are damaged by fire or any other casualty (the "Casualty Damage"), and the estimated cost to repair such Casualty Damage is less than fifty percent (50%) of the estimated cost to replace the PREMISES, then OWNER shall repair such Casualty Damage so long as sufficient insurance proceeds recovered as a result of such Casualty Damage remain after deducting the amount of any expenses incurred in collecting the insurance proceeds. Notwithstanding anything to the contrary set forth herein, in no event shall OWNER be required to repair or replace: (1) the improvements to the PREMISES made by TENANT; or (2) any trade fixtures, equipment, or inventory of TENANT (or any other person or entity) located on, in, or about the PREMISES.
