Casualty definition

Casualty shall have the meaning set forth in Section 6.2 hereof.

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Casualty means the occurrence of any casualty, damage or injury, by fire or otherwise, to the Property or any part thereof.

Casualty means any casualty, loss, damage, destruction or other similar loss with respect to real or personal property or improvements.

Examples of Casualty in a sentence

• Prior to the disbursement of any portion of the Net Award with respect to a Casualty, Lessee shall provide evidence reasonably satisfactory to Lessor of the payment of restoration expenses by Lessee up to the amount of the insurance deductible applicable to such Casualty.

• Lessee shall not carry separate insurance concurrent in form or contributing in the event of a Casualty with that required in this Section 6.03 unless (i) Lessor and Lender are included therein as named insureds, with loss payable as provided herein, and (ii) such separate insurance complies with the other provisions herein.

• Thereafter, ▇▇▇▇▇▇ shall promptly send Lessor copies of all notices, correspondence and pleadings relating to any such Condemnation, proceedings, negotiations or Casualty.

• If an Event of Default exists, Lender shall, at its election, have the exclusive right to settle or adjust any claims made under the Policies in the event of a Casualty.

• Such notice shall provide a general description of the nature and extent of such Condemnation, proceedings, negotiations or Casualty, and shall include copies of any documents or notices received in connection therewith.

More Definitions of Casualty

Casualty means any loss of or damage to any property included within or related to the Properties or arising from an adjoining property caused by an Act of God, fire, flood or other catastrophe.

Casualty means any damage or destruction of any kind or nature, ordinary or extraordinary, foreseen or unforeseen, affecting any or all Improvements, whether or not insured or insurable.

Casualty has the meaning set forth in Section 12.13.1 hereof.

Casualty means, with respect to a Financed Vehicle, the total loss or destruction of such Financed Vehicle.

Casualty shall have the meaning specified in Section 6.2 hereof.

Casualty is defined as damage to or destruction of the Property by fire or other casualty.

Casualty means any fire, storm, earthquake, tornado, flood or natural disaster or other sudden, unexpected or unusual cause of damage or destruction.