Diminution Sample Clauses
The Diminution clause defines how a reduction in value, quality, or quantity of goods, services, or property is addressed within a contract. Typically, this clause outlines the process for assessing and compensating for any loss in value, such as when delivered goods are damaged or do not meet agreed specifications. By establishing a clear method for calculating and remedying diminished value, the clause ensures that parties have a fair and predictable way to resolve disputes and allocate risk related to partial performance or defects.
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Diminution of the value of the Property, and damages for the loss of business and restriction on the use of or adverse impact on the marketing of rentable or usable space or of any amenity of the Property.
Diminution of Employee's compensation; or
Diminution in value means the actual or perceived loss in market or resale value that results from a sudden, direct and accidental loss.
Diminution. Except as permitted pursuant to any Financing Document or this Agreement, the Borrower hereafter grants or permits any easement or dedication, files any plat, declaration or restriction or enters any lease or sub-lease concerning the Site, the Collateral or the Power Plant and the effect thereof is determined by the Lender, in its reasonable discretion, to have a Material and Adverse Effect.
Diminution or potential diminution of percentage rent, if any, payable pursuant to this Lease as the result of such Assignment or Sublease.
Diminution. The Common Areas are to be used and occupied by Tenant under a revocable, non-exclusive license. Tenant shall not be entitled to any compensation, damages, or diminution or abatement of rent if such license is revoked, or if the size, area, location, facilities, or arrangement of any of the Common Areas are at any time changed or diminished, nor shall any such change or diminution be deemed a constructive or actual eviction.
Diminution. Section 1: No article or section of this contract shall be construed to be in any way whatever a diminution of any existing benefits for anyemployees.
Diminution in the value of the Premises, and damages for the loss of business and restriction on the use of or adverse impact on the marketing of rentable or usable space or of any amenity of the Premises. Rider to lease agreement dated , (herein called "this lease") between SANTA ▇▇▇▇▇ PUBLIC AIRPORT DISTRICT (herein called "District") and ., a corporation, (herein called "Tenant") covering the (herein called the "leased premises") at Santa ▇▇▇▇▇ Public Airport (herein called the "Airport").
Diminution of Executive's title or authority.
Diminution. The Insurer shall not be liable to pay any Loss in connection with any Claim made against any Insured arising from, based upon, or attributable to any diminution in value of money, Securities, property, or any other item of value, unless caused by a Wrongful Act of any Insured under this Policy in the execution or implementation of Investment Management Services.