Damage to Improvements. The Improvements are substantially damaged or destroyed by fire or other casualty and Lender determines that the Improvements cannot be restored in accordance with the terms and provisions of this Agreement and the Mortgage.
Damage to Improvements. At any time prior to the issuance of a certificate of occupancy or completion therefor, any of the Improvements are substantially damaged or destroyed by fire or other casualty and the Agent determines in good faith that such Improvements cannot be restored and completed in accordance with the terms and provisions of the Deed of Trust unless the Borrowers exclude the affected Eligible Project from the calculation of the Borrowing Base.
Damage to Improvements. If any Improvement is damaged or destroyed, the Owner shall promptly (but in no event more than Twelve (12) months after the date of the casualty) restore such Improvement to the condition existing prior to such damage or destruction or, in the alternative, raze and remove such Improvement and landscape the Building Site pursuant to a landscaping plan approved as provided in Section V hereof.
Damage to Improvements. At any time the Improvements are substantially damaged or destroyed by fire or other casualty and the Lender determines in good faith that the Improvements cannot be restored and completed in accordance with the terms and provisions of the Deed of Trust.
Damage to Improvements. If any damage occurs to the Tenant's improvements in the Property, the Tenant covenants to repair such damage or replace the damaged improvements, as applicable, all to a standard specified by the Landlord acting reasonably, and the Tenant covenants to utilize for that purpose the proceeds of the insurance referenced in subparagraph 5.15(ii) if they are made available by the Landlord for that purpose.
Damage to Improvements. If a significant portion of the Improvements are materially damaged (such that all or a significant portion of the Improvements and Leased Property cannot be used for their intended uses) by fire, meteorological event, or other disaster, Tenant has the right either to terminate this Lease or to restore, replace and rebuild the Improvements to the same or better condition. Xxxxxx’s election must be provided to MAC in writing within sixty (60) days of the date of the damage.
Damage to Improvements. 71 SECTION 9.13 MECHANIC'S LIEN.......................................................................71 SECTION 9.14
Damage to Improvements. 9.1 In the event of damage by fire or otherwise to any Building on the Leased Land, Tenant may repair and restore the same or, if Tenant so elects, demolish all or any portion of the Building instead of repairing and restoring the Building. All insurance money recovered by the Tenant may be used for repairing, restoration or demolition and any insurance proceeds not used for such purpose shall be paid to Tenant.
Damage to Improvements. If Xxxxxx’s improvements on the Premises are damaged or destroyed, Lessee will cause the improvements to be repaired or rebuilt, and restored to normal function within two years following the damage or destruction. If the Lessee fails to timely rebuild or restore the improvements, the City may, at its sole discretion, either reduce the term of this Lease commensurate with the estimated value of the Lessee’s remaining, fully functional improvements on the Premises, or cancel this Lease.
Damage to Improvements. While using, operating, maintaining and/or improving the Property, County will take reasonable care to not damage any personal property, trade fixtures or improvements which may be placed on the Premises by Xxxxxx. However, if damages occur either by an act of God or County, then County shall not be obligated in any way to repair or replace any of Lessee’s property and it shall become the obligation of Lessee to make said repairs should it become necessary.
