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<br />. <br /> <br />items is taxed, or existing tax rates on such currently-taxed items listed above are increased, Manager <br />shall offset such taxes or increases, as the case may be, on a dollar for dollar basis, against revenue due to <br />the Owner hereunder (any taxes payable to taxing authorities, however, not constituting "revenues" for <br />purposes of this subsection). <br /> <br />ARTICLE 8 <br />CASUALTY AND CONDEMNATION <br /> <br />Section 8.1 Casualty. If at any time during the Term the Facility or any material <br />portion thereof is damaged or destroyed by any casualty (a "Casualty"), Manager may, at its sole <br />option, elect to terminate this Agreement by providing written notice thereof to Owner within thirty <br />(30) days following such Casualty. If Manager does not elect to terminate this Agreement, Owner <br />shall, as promptly as is practicable, repair such damage and restore the Facility as near as possible to <br />the condition as existed immediately prior to such Casualty. The Owner shall commence such repair <br />and restoration without regard to the receipt of insurance proceeds or the status of any pending <br />insurance claim. If Owner fails to commence such repairs or restoration as required by this section, <br />Manager may, but shall not be obligated, concurrent with delivery to Owner of written notice to <br />Owner of its election to do so, effect such repairs and restoration and recover all costs thereof from <br />Owner and/or deduct the costs from any revenues that would otherwise be due to Owner. Manager <br />shall be relieved of its obligations to present events during the period of such restoration. <br /> <br />. <br /> <br />Section 8.2 Condemnation. If at any time during the Term the Facility or any portion <br />thereof is condemned or taken pursuant to the power of eminent domain, or sold under threat thereof (a <br />"Condemnation"), Manager may, at its sole option, elect to terminate this Agreement by providing <br />written notice thereof to Owner within thirty (30) days following such Condemnation. If Manager does <br />not elect to terminate this Agreement, Owner shall, as promptly as practicable repair any damage caused <br />by such Condemnation and restore the Facility to a complete architectural unit as near as possible to the <br />condition as existed immediately prior to such Condemnation. The Owner shall commence such repair <br />and restoration without regard to the receipt of Condemnation awards or proceeds or the status of any <br />pending Condemnation claim or action. If Owner fails to commence such repairs or restoration as <br />required by this section, Manager may, but shall not be obligated, concurrent with delivery to Owner of <br />written notice to Owner of its election to do so, effect such repairs and restoration and recover all costs <br />thereof from Owner and/or deduct the costs from any revenues that would otherwise be due to Owner. <br />Manager shall be relieved of its obligations to present events during the period of such restoration. <br /> <br />Section 8.3 Business Interruption Insurance. Except as provided in Section 8.2, <br />Manager acknowledges that it will not be due any reimbursement of expenses, lost profits, or any other <br />consideration from the City as a result of any casualty or condemnation (excluding from the operation of <br />this Section, however, any casualty or condemnation caused by Owner) but shall rely on its own business <br />interruption insurance with respect thereto. <br /> <br />ARTICLE 9 <br />FISCAL RESPONSIBILITY; REPORTING <br /> <br />. <br /> <br />9 <br /> <br />