Untenantability Period definition

Untenantability Period means: any period following (a) the damage or destruction of the Stadium or the Improvements by fire or other casualty pursuant to Section 12.1 or another Force Majeure event specified in Article 13 or the occurrence of a Condemnation Action, in each case pursuant to which a Team Game cannot reasonably be held or reasonably be foreseen to be held at the Stadium in accordance with NFL standards for exhibition of all NFL professional football games, as such standards may be determined by the NFL from time to time, or (b) a temporary taking under Section 11.6.
Untenantability Period means the period following (i) the damage or destruction of the Improvements, or any portion thereof, by fire or other casualty pursuant to Section 12.1 of the Stadium Lease, (ii) another Force Majeure event specified in Article 13 of the Stadium Lease or (iii) the occurrence of a Condemnation Action (including, without limitation, a temporary taking under Section 11.6 of the Stadium Lease), in each case pursuant to which a NFL Home Game cannot reasonably be held or reasonably be foreseen to be held at the Stadium in accordance with NFL standards for exhibition of all NFL Games, as such standards may be determined and applied by the NFL from time to time.Rules as to Usage
Untenantability Period means the period following (i) the damage or destruction of the Improvements, or any portion thereof, by fire or other casualty pursuant to Section 12.1 of the Stadium Lease, (ii) another Force Majeure event specified in Article 13 of the Stadium Lease or (iii) the occurrence of a Condemnation Action (including, without limitation, a temporary taking under Section 11.6 of the Stadium Lease), in each case pursuant to which a NFL Home Game cannot reasonably be held or reasonably be foreseen to be held at the Stadium in accordance with NFL standards for exhibition of all NFL Games, as such standards may be determined and applied by the NFL from time to time.

Examples of Untenantability Period in a sentence

  • For purposes of this Article 11, “Substantially All of the Improvements” shall be deemed to have been taken if, by reason of the taking of title to or possession of the Premises or any portion thereof, by one or more Condemnation Actions, an Untenantability Period exists, or is reasonably expected to exist, for longer than one (1) year.

  • Notwithstanding the provisions of Section 2.2(a) hereof to the contrary and subject to TeamCo’s performance of its obligations under Section 2.2(b)(ii), Section 2.2(b)(iii), and Section 2.2(b)(iv) below, if, during the Non-Relocation Term, an Untenantability Period occurs, then TeamCo shall first attempt to reschedule the affected NFL Home Game(s) at the Stadium to a date or dates satisfactory to TeamCo and the NFL.

  • Upon the occurrence and during the continuance of any Untenantability Period, TeamCo shall use commercially reasonable, diligent, and good faith efforts to locate and use alternate sites for the Team’s NFL Home Games, to the extent available, which are located within the boundaries of the Stadium District; provided, however, that the use of any such alternate site for the Team’s NFL Home Games is, in the good faith judgment of TeamCo, reasonably exercised, economically feasible, and is Approved by the NFL.

  • Upon the occurrence and during the continuance of any Untenantability Period, TeamCo shall use commercially reasonable, diligent, and good faith efforts to minimize any contractual commitment to play its NFL Home Games at alternative sites.

  • The determination of whether the Premises can be rebuilt, repaired and/or reconfigured in order to remedy such Untenantability Period within such time shall be made within sixty (60) days of the date of such taking (or conveyance) by an independent architect mutually selected by the Authority and StadCo.

  • The Fair Board shall have no liability to Bristol for Losses for Untenantability Period(s) due to a Casualty; provided, however, that (i) Bristol reserves its right to recover from insurance policies that may provide coverage for Losses in connection with a Casualty or arising out of an Untenantability Period due to a Casualty, and (ii) the foregoing waiver shall not apply to claims Bristol may have against any Persons other than Metro.

  • The determination of whether the Premises can be rebuilt, repaired and/or reconfigured in order to remedy such Untenantability Period within such time shall be made within sixty (60) days of the date of such taking (or conveyance) by an independent architect mutually selected by the Fair Board and Bristol.

  • For purposes of this Section 15, “Substantially All of the Improvements” shall be deemed to have been taken if, by reason of the taking of title to or possession of the Premises or any portion thereof, by one or more Condemnation Actions, an Untenantability Period exists, or is reasonably expected to exist, for longer than one (1) year.

  • Subject to the provisions related to international games as set forth in Section 3.7 and unless otherwise interfered with by any Untenantability Period, the Team agrees that, beginning on the Commencement Date and ending on the expiration of the Term, during each NFL Season, the Team will play all Team Games at the Stadium.

  • In the event that an Untenantability Period exceeds a period of (i) in the case of a Destruction Event, for a period longer than the Restoration Period, and (ii) in the case of an event of Force Majeure, other than a Destruction Event, a period longer than one (1) full NFL Season following the first date of the Untenantability Period, then the Team shall have the right to terminate this Agreement by delivering written notice thereof to the Authority.


More Definitions of Untenantability Period

Untenantability Period means: any period following (a) the damage or destruction of the Improvements by fire or other casualty pursuant to Section 15(a) or another Force Majeure event specified in Section 16 or the occurrence of a Condemnation Action, in each case pursuant to which a Speedway Events cannot reasonably be held or reasonably be foreseen to be held at the Speedway in accordance with Facility Standards, or (b) a temporary taking under Section 14(g).
Untenantability Period means the period following (i) the damage or destruction of the Improvements, or any portion thereof, by fire or other casualty pursuant to Section 12.1 of the Stadium Lease, (ii) another Force Majeure event specified in Article 13 of the Stadium Lease or
Untenantability Period means the period following:
Untenantability Period means any period following the damage or destruction of the Ballpark by fire or other casualty or other Force Majeure event during which the Ballpark cannot be reasonably used for baseball.

Related to Untenantability Period

  • Force Majeure means an event beyond the control of the supplier and not involving the supplier’s fault or negligence and not foreseeable. Such events may include, but is not restricted to, acts of the purchaser in its sovereign capacity, wars or revolutions, fires, floods, epidemics, quarantine restrictions and freight embargoes.

  • Unavoidable Delays means delays due to any of the following, and only the following, (provided that such delay is beyond Construction Manager’s reasonable control): war, insurrection, civil commotion, strikes, slowdowns, lock outs, riots, flood, earthquakes, fires, casualties, acts of God, acts of a public enemy, acts of terrorism, epidemics, quarantine restrictions, freight embargoes, lack of transportation, governmental moratoriums, unusually severe or abnormal weather conditions, failure of utilities, or a court order which causes a delay (unless resulting from a wrongful act of Construction Manager). In no event shall the application to Construction Manager of any applicable law, regulation, rule or other governmental requirement constitute an Unavoidable Delay. Contractor shall use reasonable good faith efforts to notify Owner not later than five (5) days after Construction Manager knows of the occurrence of an Unavoidable Delay. An extension of time for an Unavoidable Delay shall only be for the period of the Unavoidable Delay, which period shall commence to run from the time of the commencement of the cause of the Unavoidable Delay.

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.