Common use of Restoration of Premises Clause in Contracts

Restoration of Premises. In case of any Casualty to the Premises or any part thereof, Lessee will, at Lessee's expense, whether or not there are insurance proceeds available or sufficient for the purpose, promptly commence and complete with due diligence the restoration of the Premises to as nearly as possible its value, condition and character immediately prior to such Casualty.

Appears in 4 contracts

Samples: Lease Agreement (Manchester Technologies Inc), Lease Agreement (Manchester Technologies Inc), Lease Agreement (Manchester Technologies Inc)

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Restoration of Premises. In case of any Casualty to the Premises or any part thereof, Lessee will, at Lessee's ’s expense, whether or not there are insurance proceeds available or sufficient for the purpose, promptly commence and complete with due diligence the restoration of the Premises to as nearly as possible its value, condition and character immediately prior to such Casualty; provided, however, that if no Event of Default shall have occurred and be continuing hereunder, Lessor shall timely make such insurance proceeds available to Lessee for restoration.

Appears in 1 contract

Samples: Lease Agreement (Inamed Corp)

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