Complete Destruction definition
Examples of Complete Destruction in a sentence
In the event such Operated Facilities are not rebuilt or repaired, then in such case the definition of Operated Facilities hereunder will be deemed to have been adjusted accordingly to take into account the removal of such Operated Facilities that have been subject to Complete Destruction or Partial Destruction.
The Contract shall be automatically terminated sixty (60) days after Complete Destruction should the Parties not reach an agreement according to foregoing paragraph.
In the event of Complete Destruction or Partial Destruction to any portion of the US Commercial Properties that is situated in a building or a building complex that is condominiumized, the SPE Owner that is the owner of such US Commercial Properties will not exercise any vote under or in respect of the Condominium Documents to not rebuild or repair such damage or destruction, provided that adequate insurance proceeds exist to effect such repair or rebuild.
Complete Condemnation shall mean the occurrence of a Condemnation that renders: (a) the Premises unsuitable for the continued operation of Tenant's Complete Destruction shall mean Casualty Damage to such an extent that the cost of repair and/or restoration of the Premises or the Building would exceed 50% of the cost to replace the Premises or the Building, respectively, in its entirety at the time of the Casualty Damage.
In the event such Leased Property are not rebuilt or repaired, then in such case the definition of Leased Property hereunder will be deemed to have been adjusted accordingly to take into account the removal of such Leased Property that have been subject to Complete Destruction or Partial Destruction.
If the audit identifies non-compliance, Customer agrees to remedy (which may include, without limitation, the payment of any fees for additional Cloud Services) such non-compliance within 30 days of written notification of that non-compliance.
In the event Landlord does not elect to terminate this Lease following a Complete Destruction of the Leased Premises, Landlord shall furnish to Tenant within sixty (60) days following such Complete Destruction, an estimate, as reasonably determined by Landlord's architect, of the time necessary to complete the repair and restoration of the Leased Premises.
If there is Complete Destruction, then: (i) either Landlord or Tenant may elect to terminate this Lease by delivery of written notice to the other party within thirty (30) days after the occurrence of the Complete Destruction: and (ii) this Lease shall terminate on the date that is fifteen (15) days after delivery of such notice.
In the event of Complete Destruction of the Leased Premises and insurance will not cover such losses, Landlord shall have the right to cancel this Lease by giving Tenant notice of such election within ninety (90) calendar days after the occurrence of the Complete Destruction, and this Lease shall terminate as of thirty(30) calendar days after the date such notice is given.
In the event of Complete Destruction or Partial Destruction to any portion of the Operated Facilities that is situated in a building or building complex that is condominiumized, Owner will not (unless the Owner has been otherwise instructed by a Mortgagee) exercise any vote under or in respect of the condominium documents to not rebuild or repair such damage or destruction so long as there are adequate insurance proceeds to effect such repair or rebuild.