Cumulative substantial damage definition

Cumulative substantial damage means the total cost of all repairs to a repetitive loss structure shall not cumulatively increase the market value of the structure more than 49 percent of the market value during the life of the structure. This term does not, however, include either:

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Cumulative substantial damage means flood-related damages sustained by a structure on two separate occasions during a 10-year period for which the cost of repairs at the time of each such flood event, on the average, equals or exceeds 25 percent of the market value of the structure before the damage occurred.

Cumulative substantial damage means the total cost of all repairs to a repetitive loss structure that has incurred repetitive loss or damage in order to determine the applicability of the substantial improvement provisions of this Title. When the total cost of all repairs to the repetitive loss structure equals or exceeds the 50% substantial improvement threshold, the structure must be brought into compliance. shall not cumulatively increase the market value of the structure more than 49 percent of the market value during the life of the structure. This term does not, however, include either:

More Definitions of Cumulative substantial damage

Cumulative substantial damage means flood-related damages sustained by a structure on two separate occasions during a ten-year period for which the cost of repairs at the time of each such flood

Cumulative substantial damage means the total cost of all repairs to a structure that has incurred repetitive loss or damage in order to determine the applicability of the substantial improvement provisions of this Title. When the total cost of all repairs to the repetitive loss structure equals or exceeds the 50% substantial improvement threshold, the structure must be brought into compliance. (Ord. 2010 FC-1; Ord. 2005 FC-2 § 2 (part), 2005)

Cumulative substantial damage means the total cost of all repairs to a repetitive loss structure when that cost equals or exceeds 50% of the market value of the original structure.(Ord. 2008 FC-1; Ord. 2005 FC-2 § 2 (part), 2005)

Cumulative substantial damage means when a building is repetitively flooded, and has had two or more claims within a ten-year period requiring any repair, reconstruction or improvement of a structure, the cost of which equals or exceeds fifty percent of the market value of the structure either:

Related to Cumulative substantial damage

Substantial damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.
Substantial bodily injury means "bodily injury which involves (A) a temporary but substantial disfigurement; or (B) a temporary but substantial loss or impairment of the function of any bodily member, organ, or mental faculty." See 18 U.S.C. § 113(b)(1).
Material Damage and “Materially Damaged” means damage which, in Seller’s reasonable estimation, exceeds $500,000.00 to repair or which, in Seller’s reasonable estimation, will take longer than ninety (90) days to repair.
Premises Partial Damage means damage or destruction to the Premises, other than Lessee-Owned Alterations and Utility Installations, the repair cost of which damage or destruction is less than fifty percent (50%) of the then Replacement Cost (as defined in Paragraph 9.1(d)) of the Premises (excluding Lessee-Owned Alterations and Utility Installations and Trade Fixtures) immediately prior to such damage or destruction.
Structural damage means a covered building, regardless of the date of its construction, has experienced the following.