Damage to Improvements. The Improvements are substantially damaged or destroyed by fire or other casualty and Lender determines that the Improvements cannot be restored in accordance with the terms and provisions of this Agreement and the Mortgage.
Damage to Improvements. At any time prior to the issuance of a certificate of occupancy or completion therefor, any of the Improvements are substantially damaged or destroyed by fire or other casualty and the Agent determines in good faith that such Improvements cannot be restored and completed in accordance with the terms and provisions of the Deed of Trust unless the Borrowers exclude the affected Eligible Project from the calculation of the Borrowing Base.
Damage to Improvements. If any Improvement is damaged or destroyed, the Owner shall promptly (but in no event more than Twelve (12) months after the date of the casualty) restore such Improvement to the condition existing prior to such damage or destruction or, in the alternative, raze and remove such Improvement and landscape the Building Site pursuant to a landscaping plan approved as provided in Section V hereof.
Damage to Improvements. At any time the Improvements are substantially damaged or destroyed by fire or other casualty and the Lender determines in good faith that the Improvements cannot be restored and completed in accordance with the terms and provisions of the Deed of Trust.
Damage to Improvements. If any damage occurs to the Tenant's improvements in the Property, the Tenant covenants to repair such damage or replace the damaged improvements, as applicable, all to a standard specified by the Landlord acting reasonably, and the Tenant covenants to utilize for that purpose the proceeds of the insurance referenced in subparagraph 5.15(ii) if they are made available by the Landlord for that purpose.
Damage to Improvements. 67 SECTION 9.13 MECHANIC'S LIEN.......................................................................67 iii 5
Damage to Improvements. If a significant portion of the Improvements are materially damaged (such that all or a significant portion of the Improvements and Leased Property cannot be used for their intended uses) by fire, meteorological event, or other disaster, Tenant has the right either to terminate this Lease or to restore, replace and rebuild the Improvements to the same or better condition. Xxxxxx’s election must be provided to MAC in writing within sixty (60) days of the date of the damage.
Damage to Improvements. 9.1 In the event of damage by fire or otherwise to any Building on the Leased Land, Tenant may repair and restore the same or, if Tenant so elects, demolish all or any portion of the Building instead of repairing and restoring the Building. All insurance money recovered by the Tenant may be used for repairing, restoration or demolition and any insurance proceeds not used for such purpose shall be paid to Tenant.
Damage to Improvements. Section 6.8 Lapse of Permits or Approvals. Section 6.9 Mechanic’s Lien. Section 6.10 Bankruptcy. Section 6.11 Appointment of Receiver, Trustee, Liquidator. Section 6.12 Inability to Pay Debts. 19 Section 6.13 Judgment.
Damage to Improvements. Berms, xxxxxx, drainage facilities, water facilities, sidewalks, streets, trees, landscaping, agricultural products, fencing, lighting, utility lines, curbing, paving, adjacent amenities, and other improvements may be constructed by Seller and other lot owners ("Subdivision Improvements") in or adjacent to the Subdivision. The preservation of Subdivision Improvements contributes substantially to property values in the Subdivision and the surrounding community. Purchaser shall not conduct any construction and other activities that results in any damage to or alteration of any Subdivision Improvements. Xxxxxxxxx agrees to indemnify and hold harmless Seller and other owners of lots in the Subdivision from and against any and all claims, damages, expenses (including reasonable attorneys' fees and court costs) and liabilities of any nature whatsoever asserted against, or incurred by the same, in connection with any damage to or alteration of Subdivision Improvements caused by Purchaser, its employees, agents or independent contractors.
