Damaged Facilities definition

Damaged Facilities means the Project or any part thereof being damaged or destroyed by a casualty.
Damaged Facilities has the meaning given to such term in Section 8.01.
Damaged Facilities means that part of the Grocery Store Site or Grocery Store Improvements damaged by a Casualty as described in Section 6.11.2 hereof.

Examples of Damaged Facilities in a sentence

  • Notwithstanding anything set forth in Section 6.01 to the contrary, in the event of a casualty or eminent domain that results in Damaged Facilities, the City hereby agrees that Developer may terminate this Agreement by thirty (30) days prior written notice to the City (whether or not Developer has completed the CID Improvements prior to the date of such casualty or eminent domain event).

  • If, at any time during the Term, the Project or any part thereof shall be damaged or destroyed by a casualty (the "Damaged Facilities"), Developer, at its sole cost and expense, shall commence and thereafter proceed as promptly as possible to repair, restore and replace the Damaged Facilities as nearly as possible to their condition immediately prior to the casualty and shall be entitled to draw upon the Casualty Escrow for payment of said costs.

  • Nothing in this section will require the Developer to expend funds in excess of the Casualty Escrow for the repair, restoration and/or replacement of the Damaged Facilities.


More Definitions of Damaged Facilities

Damaged Facilities means any part or the whole of the Project to the extent that the same is damaged or destroyed by a Casualty, as described in Section 6.11(b).
Damaged Facilities means any assets or facilities that become subject to a casualty.
Damaged Facilities has the meaning given to such term in Section 7.1(a). “Decommissioning Notice” has the meaning given to such term in Section 8.3. “Defaulting Party” has the meaning given to such term in Section 12.1. “Delegate” has the meaning given to such term in Section 4.3.

Related to Damaged Facilities

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Project Facilities means all the amenities and facilities situated on the Site, as described in Schedule-C;

  • Shared Facilities means the gen-tie lines, transformers, substations, or other equipment, permits, contract rights, and other assets and property (real or personal), in each case, as necessary to enable delivery of energy from the Facility (which is excluded from Shared Facilities) to the point of interconnection, including the Interconnection Agreement itself, that are used in common with third parties.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;