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7 . Damaae , Destruction and Condemnation . <br /> a . If any structure located on the Premises is <br /> destroyed ( in whole or in part ) or is damaged by fire or other <br /> casualty to such extent that the claim for loss , under the <br /> insurance policies required to be carried by this Lease , <br /> resulting from such destruction or damage is not greater than <br /> $ 100 , 000 , Tenant ( 1 ) will promptly repair , rebuild or restore the <br /> property damaged or destroyed to substantially the same condition <br /> as it existed prior to the event causing such damage or <br /> destruction , with such changes , alterations and modifications <br /> ( including the substitution and addition of other property ) as <br /> may be desired by Tenant and as will not impair operating unity <br /> or productive capacity or the character of the Premises as a <br /> manufacturing plant , and ( ii ) will apply for such purpose so much <br /> as may be necessary of any Net Proceeds of insurance resulting <br /> from such claims for losses , as well as any additional moneys of <br /> Tenant necessary therefor . All Net Proceeds of insurance <br /> resulting from such claims for losses not in excess of $ 100 , 000 <br /> shall be paid to Tenant . <br /> If the Premises is destroyed ( in whole or in part. ) or is <br /> damaged by fire or other casualty to such extent that the Claim <br /> for loss under the insurance policies required to be carried by <br /> this Lease hereof resulting from such destruction or damage is in <br /> excess of $ 100 , 000 , Tenant shall promptly give written notice <br /> thereof to Landlord . All Net Proceeds of insurance resulting . <br /> from such claims for losses in . excess of $ 100 , 000 shall be <br /> received by Tenant , in trust , and applied by Tenant promptly to <br /> repair , rebuild or restore the portion of the Premises damaged or <br /> destroyed - to substantially the same condition as it existed prior <br /> to the event causing such damage or destruction , with such <br /> - changes ..... . alt era t ores .. . .and .. modifications--- --( including......the... . .... ._..... .... . . ... .... .. .... .. . . .. . . . . ....... .. ... . . . . . .. . . . <br /> substitution and addition of other property ) as may be desired by <br /> Tenant and as will not impair operating unity or productive <br /> capacity or the character of the Premises as a manufacturing <br /> plant . In the event said Net Proceeds are not sufficient to pay <br /> in full the costs of such repair , rebuilding or . restoration , <br /> Tenant will nonetheless complete the work thereof and will pay <br /> that portion of the costs thereof in excess of the amount of said <br /> Net Proceeds . Any balance of such Net Proceeds remaining after <br /> payment of all the costs of such repair , rebuilding or <br /> restoration , upon concurrence of Landlord , that repair , <br /> rebuilding or restoration complies with the requirements of this <br /> paragraph , are released from the trust created here and shall be <br /> paid to Tenant , except rent loss insurance proceeds which shall <br /> be payable to Landlord . " <br /> If the structures on the Premises shall have been damaged or <br /> destroyed ( i ) to such extent that , in the opinion of an <br /> Independent Engineer expressed in a certificate filed with <br /> Landlord , it cannot be reasonably restored within a period of six <br /> consecutive months to the condition thereof immediately preceding <br /> such damage or destruction , or ( ii ) to such extent that , in the <br /> 10 <br />