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OEEU RE(:URDS
~0~~224 ir,~~t~~s~ ~e~1423 ~~cE874
1'wrunplu 14, 15, 1(i
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. and the Trnstee A certificate of a responsible officer of the Company
. establislung such allocation. , "
15. Cesv~.z~.
If any Leased Parcel shall be damaged or either partially or totally
destroyed at any time dnring the Lease Term, there shall be no abate-
ment or reduction in the rent payable by the Company to Prnpertiee,
the Company shall continne to be obligsted under thia Lease in acxord- _
ance with the terms and provisions hereof, and the Company may, but
shall be nnder no obligation to, repair and restore such Leased Parcel.
If the Company shall elect not to restore any Leased Parcel which has
been materially damaged or destroyed, it aLall give notice to that effect
to the Trustee within 120 days after snch damage or destraction and
promptly proceed to take such steps as may then be reqnired to comply
with the applicable provisions of Paragraph 14(a). If, withont having
~ given snch notice, the Company shall not, within 180 days after snch
; damage or deatrnetion, have proceeded diligently to repair and restore
` sucL Leased Parcel, it shall be deemed to have so elected not to repair '
~
E or restore. The Company shall give written notice to Propertiea and
' the Trastee of any material damage or destrnction with respect to a . !
~ Leaaed Parcel (other than a ser~ice atation property or bnik plant)
~ within 60 days after the date of snch damage or destrnetion, specifying
the natnre, eztent and date of occurrence thereof. E
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~ 16. Coxn$nsxs~tox. ;
~ (a) General Provisions. If title to the whole or any part of ;
~ anp Leased Parcei, or the use thereof, sliall be taken or condemned by '
~ a competent authority for any pnbtic nse or purpose, there shall for ~
~ that reason be no abatement or reduction in the basic rent payable by f
~ ~he Company to Properties and the Company shall continne to be obli- ~
s gated under this Lease in accordance with the terms and provisions
~ ~ereof. Any award or compensation or damagea recovered on acxonnt ~
~ of any snch taking or condemnation (includi.ng any proceede of sale by
~ Properties in lieu of condemnation in accordance with "the Indentnre)
~ shall be paid directly to the Company. The Company sLall give prompt
;
€ ' notice of Any such condemnation ~vith respect to any Leased Parcel
~ having a depreciatrd book v~lue in escess of ~2~,000 to Properties and
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