Casualty definition

Casualty shall have the meaning set forth in Section 6.2 hereof.
Casualty means any casualty, loss, damage, destruction or other similar loss with respect to real or personal property or improvements.
Casualty means the occurrence of any casualty, damage or injury, by fire or otherwise, to the Property or any part thereof.

Examples of Casualty in a sentence

  • MASSACHUSETTS PERSONAL LINES CARMANUAL Personal Auto ProgramIDS Property Casualty Ins.

  • Questions or concerns, please contact your Fort Campbell Casualty Assistance Center, at (270) 798-/5729/2085/4727/4729.

  • Each Lender may reject all (but not less than all) of its pro rata share of any mandatory prepayment with respect to a Debt Incurrence Prepayment Event or Casualty Event under clause (ii) above (such declined amounts, the “Declined Proceeds”) of Loans by providing written notice (each, a “Rejection Notice”) to the Administrative Agent no later than 3:00 p.m. Local Time one (1) Business Day prior to the requested date of such prepayment.

  • Unless applied to prepay the Loans and other Obligations in accordance with Section 2.11, the Borrower and its Subsidiaries shall cause the Net Cash Proceeds of any Casualty Event to be reinvested or redeployed in their respective businesses within the Reinvestment Period by replacing properties or assets that are the subject of such Casualty Event in the ordinary course of business of Borrower and its Subsidiaries.

  • The Casualty Assistance Officer will assist in the coordination for funeral arrangements.


More Definitions of Casualty

Casualty shall have the meaning set forth in Section 8.2.
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 means any act or occurrence of any kind or nature that results in damage, loss or destruction to the Property.
Casualty has the meaning set forth in Section 5.2.
Casualty means, with respect to any Transaction Unit, that the Servicer has actual knowledge that the Closed-End Vehicle included in such Transaction Unit (a) shall have suffered damage or destruction resulting in an insurance settlement on the basis of an actual, constructive or compromised total loss, (b) shall have suffered destruction or damage beyond repair, (c) shall have suffered damage that makes repairs uneconomic or (d) shall have suffered destruction, damage, theft, loss or disappearance that, in accordance with Customary Servicing Practices, results in a termination of the related Transaction Lease.