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10-28-1996 Council Packet
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10-28-1996 Council Packet
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in this Agreement, restore and rehabilitate any improvements of any kind that may be <br />destroyed or damaged by fire, casually, or any other cause whatsoever. <br />B. No obligation by Lessor to make improvements. E.xcepl as specifically set <br />forth otherwise under Section 13 herein. Lessor shall not be obligated to make any <br />repairs, replacements, or renewals of any kind or nature whatsoever to the demised <br />premises, the arena, parking lot. or any other improvements on the demised premises. <br />C. Damage to and destruction of improvements. In case of damage to or <br />destruction of the arena, parking lot, or other improvement. Lessee shall at its own <br />expense promptly repair and restore it to a condition as good or better than that which <br />existed prior to the damage or destruction. All repairs and replacements arc subject to the <br />provisions of section 7 of this Agreement, specifically including Lessor consent <br />requirements. Without limiting the obligations of Lessee or creating any obligation of <br />Lessor, it is agreed that the proceeds of any insurance covering damage or destruction <br />shall be made available to Lessee for repair or replacement. <br />D. Damage or destruction occurring toward end of term. Notwithstanding <br />anything contrary in this Agreement, in case of destruction of or damage to the demised <br />premises from any cause so as to make it untenantable occurring during the last two years <br />of the term of this Agreement, Lessee, if not then in default under this Agreement, may <br />elect to terminate this Agreement by written notice served on Lessor within 90 days after <br />the occurrence of the damage or destruction. <br />8 <br />1
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