Restoration definition

Restoration means the repair and restoration of an Individual Property after a Casualty or Condemnation as nearly as possible to the condition the Individual Property was in immediately prior to such Casualty or Condemnation, with such alterations as may be reasonably approved by Lender.

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Restoration shall have the meaning set forth in Section 5.2.1.

Restoration is defined in Section 6.10(j)(i).

Examples of Restoration in a sentence

Notwithstanding the foregoing, provided that the Condemnation does not constitute a total taking of the Property, Borrower shall be entitled to apply the Award (or the Condemnation Proceeds derived therefrom) toward Restoration of the Property in accordance with, and subject to the terms and conditions of, Section 5.4 hereof.
Borrower shall pay, or cause the Tenant to pay pursuant to its Lease, all costs of such Restoration whether or not such costs are covered by insurance.
If the Property or any portion thereof is taken by a Governmental Authority, Borrower shall promptly commence and diligently prosecute Restoration or cause Current Tenant to commence and prosecute such Restoration per the requirements of the Current Lease and otherwise comply with the provisions of Section 5.4 hereof.

More Definitions of Restoration

Restoration means the repairs, replacements, improvements, or rebuilding of or to the Property following a Casualty or Condemnation.

Restoration means the repair and restoration of the Property after a Casualty or Condemnation as nearly as possible to the condition the Property was in immediately prior to such Casualty or Condemnation, with such alterations as may be reasonably approved by Lender.

Restoration shall have the meaning set forth in Section 6.2 hereof.

Restoration shall have the meaning set forth in the Mortgage Loan Agreement.

Restoration means, following the occurrence of a Casualty or a Condemnation which is of a type necessitating the repair of the Property, the completion of the repair and restoration of the Property as nearly as possible to the condition the Property was in immediately prior to such Casualty or Condemnation, with such alterations as may be reasonably approved by Lender.

Restoration has the meaning specified in Section 6.2(b).

Restoration means accurately depicting the form, features, and character of a property as it appeared at a particular period of time by means of the removal of features from other periods in its history and reconstruction of missing features from the restoration period. The limited and sensitive upgrading of mechanical, electrical, and plumbing systems and other code-required work to make properties functional is appropriate within a restoration project.