Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was purchased by the Redeveloper’s Lender.
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest).
Failure to Restore. If City has directed Tenant to demolish or restore some or all of the improvements on the Premises, or otherwise restore the Premises, and Tenant has failed to do so, or failed to do so to the level required by this Agreement, on or before the earlier to occur of the date of the termination of this Agreement or the Expiration Date, City shall have the right, but not the obligation, to remove and/or demolish the same at Tenant’s cost. In that event, Tenant agrees to pay to City, upon demand, City’s Costs of any such removal, demolition or restoration and further agrees that such City’s Costs shall be deemed Additional Rent.
Failure to Restore. If the Lessee fails to complete the removal and restoration obligations described in Section 14.3 in accordance with that Section, then the Lessor may, in its sole discretion:
Failure to Restore. If this Lease is not terminated and Landlord is required to repair and restore the Premises in accordance with the terms of this Paragraph 12, Landlord’s failure to repair and restore the Premises to substantially the condition in which it existed prior to such casualty (including restoration of reasonable access to the Premises and sufficient parking therefor) within one hundred eighty (180) days after such casualty shall allow Tenant the right to terminate this Lease by written notice delivered to Landlord prior to the date that Landlord re-delivers the Premises to Tenant with all such restoration completed.
Failure to Restore. In the event that Licensee fails or refuses to repair, replace and/or restore the Licensed Premises or any City-owned property that is disturbed, damaged, or removed by Licensee, in accordance with Section 2.E.2.a of this Agreement, the City shall have the right, but not the obligation, to perform and complete the repair, restoration, and/or replacement, and to charge Licensee for all costs and expenses, including legal and administrative costs incurred by the City, for such work. If Licensee does not fully reimburse the City for such costs, then the City shall have the right to place a lien on the Property for all such costs and expenses in the manner provided by law. The rights and remedies provided in this Section 2.E.2.b shall be in addition to, and not in limitation of, any other rights and remedies otherwise available to the City.
Failure to Restore. In the event that the Licensee fails or refuses to restore the Temporary Easement Premises and the Easement Premises in accordance with Section 5.B.1 of this Agreement, the City will have the right, but not the obligation, to perform and complete the restoration, and to charge the Licensee for all costs and expenses, including legal and administrative costs incurred by the City, for such work. The rights and remedies provided in this Section 5.B.2 are in addition to, and not in limitation of, any other rights and remedies otherwise available to the City.
Failure to Restore. In the event that the Licensee fails or refuses to return the Parking Lot in accordance with Section 8.B.1 of this Agreement, the City will have the right, but not the obligation, to perform and complete such work, and to charge the Licensee for all reasonable costs and expenses, including legal and administrative costs incurred by the City, for such work. If the Licensee does not fully reimburse the City for such costs, then the City will have the right to place a lien on the Lakeshore Preserve for all such costs and expenses in the manner provided by law. The rights and remedies provided in this Section 8.B.2 are and will be in addition to, and not in limitation of, any other rights and remedies otherwise available to the City.
Failure to Restore. In the event Redeveloper fails for any reason to restore the Project One Housing and/or Project Two Housing as provided in A and/or B above, Redeveloper shall pay the City the necessary mount for the City to retire the applicable Project One TIF Bond and/or Project Two TIF Bond in full, including interest. The City acknowledges that Redeveloper intends to sell all of the attached single-family dwellings comprising the New Housing to home buyers, who shall, by accepting title to such dwellings subject to this Agreement, assume this obligation to insure and rebuild.
Failure to Restore. If Franchisee fails to restore the Right-of-Way or surrounding areas in the manner and pursuant to the condition required by this Section 7 or the Authorized City Official, or fails to satisfactorily and timely complete all repairs required hereunder, the City, at its option, may perform such Work. In that event, Franchisee shall pay to the City, within thirty (30) days of billing, the cost of restoring the Right-of-Way and affected surrounding areas. In addition to requiring Franchisee to pay the cost of restoration, the City may pursue any other remedies available to the City under law.
