Common use of Reconstruction of Improvements Clause in Contracts

Reconstruction of Improvements. Any reconstruction of the Premises under this Section shall be in substantial conformity with the improvements as they existed prior to the casualty. Tenant, at its sole cost and expense, shall be responsible for the repair and restoration of all Tenant improvements and the replacement of its stock in trade, trade fixtures, furniture, furnishings and equipment. Tenant shall commence the installation of fixtures, equipment, and merchandise promptly upon delivery to it of possession of the Premises. Landlord shall have no repair obligations if the damage of destruction is due to Tenant’s negligence or malfeasance.

Appears in 1 contract

Sources: Lease Agreement (Quixote Corp)

Reconstruction of Improvements. Any reconstruction of the Premises under this Section shall be in substantial conformity with the improvements as they existed prior to the casualty. Tenant, at its sole cost and expense, shall be responsible for the repair and restoration of all Tenant improvements and the replacement of Tenant’s Personal Property and its stock in trade, trade fixtures, furniture, furnishings and equipment. Tenant shall commence the installation of fixtures, equipment, and merchandise promptly upon delivery to it of possession of the Premises. Landlord shall have no repair obligations if the damage of destruction is due to Tenant’s 's negligence or malfeasance.

Appears in 1 contract

Sources: Lease (Teltronics Inc)