Examples of Casualty Event in a sentence
Consequential arrangements This Lease terminates on the day on which you comply with clause 5.4. We will refund to you any amount which we receive from the insurer or another person as a result of the Casualty Event, up to the amount which you paid under clause 5.4(a).
You irrevocably authorise us to receive all money payable in relation to the insurance for the Vehicle or payable by any other person as a result of the Casualty Event.
Payments Due Upon Casualty Event........................................
You must fix damage If the Vehicle is damaged, you must restore it as far as is reasonably possible to the same condition that it was in before the damage occurred excluding Fair Wear and Tear, unless the Vehicle suffers a Casualty Event.
Promptly upon the receipt by any Loan Party or Subsidiary thereof of the Net Cash Proceeds of any Casualty Event or series of related Casualty Events affecting any property of any Loan Party, the Borrower shall prepay, or cause such other Loan Party or Subsidiary thereof to prepay, Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such Casualty Event(s).