Common use of Substantial Casualty Clause in Contracts

Substantial Casualty. Notwithstanding any other provision of this Agreement to the contrary, in the event of substantial casualty damage to the ▇▇▇▇▇ House or Carriage Barn, Grantor may request the approval of Grantee not to restore the ▇▇▇▇▇▇ ▇▇▇▇▇ House or Carriage Barn pursuant to this Agreement. If Grantee determines that the extent or nature of such casualty damage would prevent restoration in a manner which would protect the remaining Protected Features, then Grantee may grant such approval and Grantor may elect not to restore the ▇▇▇▇▇ House or Carriage Barn pursuant to this Agreement. In the event of such approval not to restore, before any remaining portion of the ▇▇▇▇▇ House or Carriage Barn is relocated or otherwise altered, Grantor shall allow Grantee to enter onto and into the Premises for the purpose of choosing and removing for posterity any such Protected Features, or portions thereof, together with the materials in which such features are set, that Grantee desires to salvage.

Substantial Casualty. Notwithstanding any other provision of this Agreement to the contrary, in the event of substantial casualty damage to the ▇▇▇▇▇▇▇-▇▇▇▇▇ House or Carriage BarnHouse, Grantor may request the approval of Grantee not to restore the ▇▇▇▇▇▇ ▇▇- ▇▇▇▇▇ House or Carriage Barn pursuant to this Agreement. If Grantee Grantee, in its sole discretion, determines that the extent or nature of such casualty damage would prevent restoration in a manner which would protect the remaining Protected Features, then Grantee may grant such approval and Grantor may elect not to restore the ▇▇▇▇▇▇▇-▇▇▇▇▇ House or Carriage Barn pursuant to this Agreement. In the event of such approval not to restore, before any remaining portion of the ▇▇▇▇▇▇▇-▇▇▇▇▇ House or Carriage Barn is relocated or otherwise altered, Grantor shall allow Grantee to enter onto and into the Premises for the purpose of choosing and removing for posterity any such Protected Features, or portions thereof, together with the materials in which such features are set, that Grantee desires to salvage, and thereupon all casualty insurance proceeds shall be released as directed by Grantor.