Common use of Partial Damage - Insured Clause in Contracts

Partial Damage - Insured. If the Facilities are damaged by any casualty which is covered under fire and extended coverage insurance carried by District, then District may restore such damage provided insurance proceeds are available to pay eighty percent (80%) or more of the cost of restoration and provided such restoration can be completed within ninety (90) days after the commencement of the work in the opinion of a registered architect or engineer appointed by District. In such event this Agreement shall continue in full force and effect, except that Charter School shall be entitled to proportionate reduction of use payments while such restoration takes place, such proportionate reduction to be based upon the extent to which the restoration efforts interfere with Charter School’s business in the Facilities. The District shall provide the Charter School alternative space in the District for any part of the Charter School program that is displaced by the partial damage and/or the repair work of the same. If the Charter School secures alternative space then there shall be no diminution in the use payments during the period of the restoration.

Appears in 2 contracts

Samples: Facilities Use Agreement, Facilities Use Agreement

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Partial Damage - Insured. If the Facilities are Site is damaged by any casualty which is covered under fire and extended coverage insurance carried by the District, then the District may restore such damage the damage, provided insurance proceeds are available to pay eighty percent (80%) or more of the cost of restoration and provided such restoration can be completed within ninety (90) days after the commencement of the work in the opinion of a registered licensed architect or engineer appointed by the District. In such event event, this Agreement shall continue in full force and effect, except that the Charter School shall be entitled to a proportionate reduction of facilities use payments while such restoration takes place, with such proportionate reduction to be based upon the extent to which the restoration efforts interfere with the Charter School’s business in operations on the FacilitiesSite. The District shall provide the Charter School with alternative space in the District for any part of the Charter School program that is displaced by the partial damage and/or the repair work of the same. If the Charter School secures alternative space then space, there shall be no diminution in the facilities use payments during the period of the restoration.

Appears in 1 contract

Samples: Facilities Use Agreement

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Partial Damage - Insured. If the Facilities are damaged by any casualty which is covered under fire and extended coverage insurance carried by District, then District may restore such damage provided insurance proceeds are available to pay eighty percent (80%) or more of the cost of restoration and provided such restoration can be completed within ninety (90) days after the commencement of the work in the opinion of a registered architect or engineer appointed by District. In such event this Agreement shall continue in full force and effect, except that Charter School Schools shall be entitled to proportionate reduction of use payments while such restoration takes place, such proportionate reduction to be based upon the extent to which the restoration efforts interfere with Charter School’s Schools’ business in the Facilities. The District shall provide the Charter School Schools alternative space in the District for any part of the respective Charter School Schools’ program that is displaced by the partial damage and/or the repair work of the same. If one or more of the effected Charter School secures Schools secure alternative space then there shall be no diminution in the use payments during the period of the restoration.

Appears in 1 contract

Samples: Facilities Use Agreement

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