Physical Damage. Physical Damage Insurance covering all additions, improvements and alterations to the Premises which are beyond the building standard tenant improvements provided by Landlord and all office furniture, trade fixtures, office equipment, merchandise and all other items of Tenant’s property on the Premises. Such insurance shall be written on an “all risks” of physical loss or damage basis, for the full replacement cost value of the covered items and in amounts that meet any coinsurance clauses of the policies of insurance.
Physical Damage. Any Claim where, at any time after the Effective Date, Physical Damage to a Property (other than reasonable wear and tear) occurs or manifests itself.
Physical Damage. Contractor shall maintain comprehensive (fire, theft and 30 collision) physical damage insurance covering the vehicles and equipment used 31 in providing service to Authority under this Agreement, with a deductible or self- 32 insured retention not greater than One Hundred Thousand Dollars ($100,000). 33 Notwithstanding the foregoing, Contractor shall be allowed to self-insure for 34 physical damage to its vehicles provided Contractor provides adequate audited 35 financial information to Authority and Authority is reasonably satisfied that 36 Contractor has the financial net worth to cover any losses.
Physical Damage. 6 W. Property ............................................................... 6 X. Servicer ............................................................... 6 Y.
Physical Damage. To Seller's Knowledge, no physical damage to any collateral for a Mortgage Loan exists, which physical damage is not insured against in compliance with regulations and which would have a material adverse effect on the value or marketability of any Mortgage Loan, or on the underlying collateral.
Physical Damage. With the exception of Collateral which is covered by --------------- casualty insurance in accordance with Investor requirements, to the Knowledge of Seller, there exists no physical damage to the Collateral from fire, flood, windstorm, earthquake, tornado, hurricane or any other similar casualty, which physical damage would cause any Loan to become delinquent or adversely affect the value or marketability of any Loan, Servicing Rights or Collateral.
Physical Damage. 11 2 Master Policy| Table of Contents
Physical Damage. Grantee agrees to pay for any physical damage to livestock, growing crops, timber, fences, or other improvements caused by Grantee's construction, inspection, maintenance, operation, repairing, replacement or removal of said pipelines, power lines, water lines, roads, parking areas, and appurtenant facilities.
Physical Damage. Any Claim in which there is Physical Damage to the Property occurring or manifesting itself after the date on which the related Covered Loan is closed and the Physical Damage is the principal cause of the Default. This exclusion shall not apply if the Insured restores (or causes to be restored) the Property to its fully-completed condition as reported in the Original Value, reasonable wear and tear excepted, prior to the payment of the Insurance Benefit. EXHIBIT 10.14 If the Physical Damage is not the principal cause of the Default (i.e., a complete exclusion does not apply) and the Insured has not restored (or caused to be restored) the Property to its fully-completed condition as reported in the Original Value, reasonable wear and tear excepted, the Company shall reduce the Claim Amount by an amount equal to the cost required to restore the Property to its condition as reported in the Original Value, reasonable wear and tear excepted. Cost estimates relied upon by the Company shall be provided in writing by an independent party selected by the Company without objection by the Insured. Upon request, the Company shall furnish to the Insured a written estimate of the cost of restoration.
Physical Damage. 53.1 Subject to Clause 53.5 and save as provided in this Clause 53.1 and Clause 53.2, and save where any provision of this Agreement provides for an indemnity, no Party (the Party Liable) nor any of its officers, employees or agents shall be liable to any other Party for loss arising from any breach of this Agreement other than for loss directly resulting from such breach and which at the date hereof was reasonably foreseeable as not unlikely to occur in the ordinary course of events from such breach in respect of: