HomeMy WebLinkAbout1788 ~ (a) If payment of the net award as
aforesaid ahall not be received by Lessor~in
time to permit payments as the work of restor-
ation and replacement proqreasea, the Lessee
shall, nevertheless, perform and fully pay for
such Work without delay (except for unavoidable
delays over which the Lessee has no control) and
payment of the amount to which Lessee mr~~ b~ ~n-
titled shall thereafter be made by Lcssor out ~
of said net award as and when payment of such
net award fs received by Lessor. If the funds -
to be applied by I.essor be fnsufficient to pay
the entire cost of such restoration, the Leasee
~ agrees.to pay any deficiency and to deposit ~
the ainount of such deficiency, as estimated by
the architect or contai.ned in a contract with
Lessor to perform such~rrork, prior to the Work
beinq Performed.
(3) Fram and after the date of vestinq of title
in such proceedinq, a just proportion of the rent,
accordi~ciq to the~ nature and. extent of such takinq,
shall abate for the remainder of the term of this Lease.
(4) If, after makinq the payments provided for in
Paraqraph 15 a. (2) there r~ains any balance in Lessor's ~
handa, it shall be retained by Lessor as its property.
~ (5) ~ A Takin of Less than Fee Sim le Title. If
all or any o e Deau.se Premises s a e taken by
exercise of the riqht of eminent domain for qovern-
mental occu~,ancy for a limited period, this~Lease shall
not terminate and the Lessee shall continue to perform
and observe all of its covenants as thouqh such takinq
had not occurred. In the event of such a takinq the
Lessee shall be entitled to receive the entire amount
of any award made~ for such taking (whether paid by
way of da~aage, rent or otherwise), unless the period
of qovernmental occupancy extends beyond the term of
this Lease, in which case the award to the extent
that it represents rent shall be apportioned between
i . the Lessor and Lessee as of the.date of the end of
` the term of this Lease. The Lessee covenants that
at the tenaination of any such qovernmental occupancy, -
it will, at its cost and expense, restore.the improve-
ments on the Demised Premises in as qood condition as
when new, but the Lessee shall not be required to do
such reatoration work if on or prior to the date of
such termination of qoverrnaental occupancy the term of
this Lease shall have ended. .
(6) Proration. I-n the event of the termination of
this lease u or as to any portion of the Demised
Premises as a result of a total or partial takinq by
an eminent daaaain proceedinq, the Lessee shall pay to
the Lessor all rent and all other charges payable by
Lessee with respect to the Demised Premises or part
thereof 'so taken justly apportioned to the date of
~ t~g • -
~ (b) As to the I~essee's Premises. I~, durinq the term
of this Lease e s e a q of all or a portfon of ~
- of the lai~da ~descsibed in the Declaration of Condaminiian of
C~OLO~DBS CO~IDOiMI~ti~lS, the follapin~q ahall apply: ~ ~
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