Orange County NC Website
l7"ily- °iytl -��la 6FiVhh AAV <br />18 <br />the Premises are so repaired as to be fit and ready for occupancy <br />by tha Lessee (whether or not the Lessee has begun or completed its <br />repairs and replacements of improvements, betterments, fixtures, <br />trade fixtures, equipment and other contents). <br />Anything in the foregoing to the contrary notWithstanding, if <br />during the renewal term of this Agreement the Premises shall be <br />damaged by fire or some other hazard, the occurrence of which has <br />been insured against by Lessor, Lessor shall repair such damage and <br />restore the Premises to their pre - casualty canditian unless the <br />damage sustained to the Premises shall be no great as to make it <br />economically impracticable to repair the Premises within a period <br />Of thirty (30) days. <br />Lessor hereby represents to Lesseer and Lessee hereby, <br />represents to Lessor, that each is satisfactorily insured against <br />fire and standard miscellaneous hazards as provided in paragraph <br />3.01(c) and 3.02(c)(3). <br />4.04 CoNDRKNATION. In the event the Premises shall be taken <br />for public use by the city, state, county, federal government, <br />public authority or other corporation having the power of eminent <br />domain, this Agreement shall terminate as of the date an which <br />Fassessian thereof shall be taken for public use, or, at the option <br />Of Lessee, as of the date an Which the Premises shall become <br />unsuitable for Lessee's business by reason of such taking; <br />provided, however, that if Only a part of the Premises shall be so <br />taken, the termination shall be at Lessee's option only. If such <br />a partial taking of the Premises Occurs, and Lessee elects not to <br />-16- <br />P <br />