Lessee’s Property. Lessee shall use any insurance proceeds payable by reason of any loss of or damage to any of the Personal Property to restore such Personal Property to the Leased Property with items of substantially equivalent value to the items being replaced.
Appears in 6 contracts
Sources: Lease Agreement (Integrated Living Communities Inc), Lease Agreement (Balanced Care Corp), Lease (Balanced Care Corp)
Lessee’s Property. Lessee shall use any insurance proceeds payable by reason of any loss of or damage to any of the Personal Property to restore such Personal Property personal property to the Leased Property with items of substantially equivalent value to the items being replaced.
Appears in 4 contracts
Sources: Assignment and Assumption of Lease (Global Medical REIT Inc.), Assignment and Assumption of Lease (Global Medical REIT Inc.), Lease Agreement (Ramsay Health Care Inc)
Lessee’s Property. Lessee shall use any insurance proceeds payable by reason of any loss of or damage to any of the Personal Property Lessee's personal property to restore such Personal Property personal property to the Leased Property with items of substantially equivalent value to the items being replaced.
Appears in 1 contract
Lessee’s Property. Lessee shall use any insurance proceeds payable by reason of any loss of or damage to any of the Lessee's Personal Property to restore such Personal Property personal property to the Leased Property in compliance with items of substantially equivalent value to the items being replacedall applicable Legal Requirements.
Appears in 1 contract