Common use of Repairs and Restoration Clause in Contracts

Repairs and Restoration. Party A agrees that in the event of the damage or destruction of the Leased Premises, Party A forthwith shall proceed to repair, restore, replace or rebuild the Leased Premises to substantially the condition in which the same were immediately prior to such damage or destruction. Party A thereafter shall diligently prosecute said work to completion without delay or interruption except for events beyond the reasonable control of Party A.