Common use of Restoration of Improvements Clause in Contracts

Restoration of Improvements. If there is a partial taking of the Improvements and this Ground Lease remains in full force and effect pursuant to Section 27.03, Tenant may, subject to the terms of each Leasehold Mortgage, use the proceeds of the taking to accomplish all necessary restoration to the Improvements.

Appears in 2 contracts

Sources: Ground Parcel Lease, Ground Lease