Common use of Restoration Work Clause in Contracts

Restoration Work. All restoration work required to be performed by Landlord under this Article 16 shall be done by a contractor acceptable to Landlord and Tenant, and shall be done in a first class manner, using only new materials, and in accordance with all applicable laws. Landlord shall submit to Tenant the plans and the timetable for completion of the restoration work within thirty (30) days of the date of the damage, casualty or destruction, and Tenant shall have thirty (30) days within which to approve or make modifications to the same. Landlord shall commence such restoration work within fifteen (15) days following the approval by Tenant and thereafter shall diligently pursue such restoration work to completion. Notwithstanding anything to the contrary herein, in the event Landlord fails to complete the restoration work in accordance with the agreed upon plans and construction timetable, Tenant may upon written notice to Landlord terminate this Lease, effective as of the date of such casualty, destruction or damage, in which event the Rent and other charges hereunder shall be prorated as of the date of such casualty, destruction or damage.