Actual Damage definition
Actual Damage means the structural failure of some part of the load bearing portion of the building.
Actual Damage in this agreement means that the defect must represent a structural failure of some part of the load-bearing system. The actual damage must effect the ability of the home to remain stable and to maintain its capacity to transmit the imposed live and load to the ground. It must endanger the above referenced capacity. EXAMPLE
Actual Damage means monetary value by which the Parcel is reduced in value. The value of the Parcel is determined by the acquisition price of the item it contains.
Examples of Actual Damage in a sentence
To Fix Or Establish The Actual Damage Sustained By Buyer As A Result Of Such Material Default By Seller, And Agree That The Remedy Set Forth In Clause (Ii) Above Is A Reasonable Approximation Thereof.
More Definitions of Actual Damage
Actual Damage means the damage agreed by the parties (f) “Common Areas and Facilities” shall mean and include all common areas and facilities in the Apartment and the Schedule Property that are specifically demarcated as common areas and facilities by the Lessor in Annexure—VI; (g) “Agreement” shall mean this lease agreement executed on the Execution Date between the Lessor and the Lessee along with its recitals, schedules and annexures;